According to the recent study the hardware encryption market is projected to grow at a CAGR of 29% to 31% from 2021 to 2026. Growth in this market is primarily driven by increasing demand in the consumer electronics, healthcare and banking & financial institutions.
Browse 96 figures /
charts and 87 tables in this 182 -page report to understand trends,
opportunities and forecast in hardware encryption market by algorithm and
standard (advanced encryption standard, rivest- shamir-adleman algorithm, and
others), architectures (field-programmable gate arrays and application-specific
integrated circuits), product (external hard disk drives, internal hard disk
drives, solid-state drives, inline network encryptors, USB flash drives),
application (consumer electronics, IT & telecom, transportation, aerospace
and defense, healthcare, BFSI, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Download sample report
and view detailed Table of Content by clicking on below link https://www.lucintel.com/hardware-encryption-market.aspx
“Architectures-specific integrated
circuit market is expected to remain the largest segment during the forecast
period.”
Based on architectures,
the hardware encryption market is segmented into field-programmable gate arrays
and application-specific integrated circuits. Lucintel forecasts that the architectures-specific
integrated circuit market is expected to remain the largest segment due to increasing
demand of ASIC design based processors as they have small form factor and high
speed.
“Within the hardware encryption market, the consumer electronics
segment is expected to remain the largest application.”
Based on application the
consumer electronics segment is expected to witness the highest growth over the
forecast period due to increase in practices like bring-your-own-devices.
“North America will dominate the hardware encryption market in
near future.”
The North America will
remain the largest region during the forecast period due to increasing demand
of automation & smart city projects, growth in IoT technology, and large
investment in defense & healthcare facilities.
Download Brochure of this report by clicking on
https://www.lucintel.com/hardware-encryption-market.aspx
Major players of
hardware encryption market are adopting various growth strategies like new
product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. Western
Digital, Samsung Electronics, Seagate Technology, Kingston Technology, Micron
Technology, Toshiba, Kanguru Solutions, Maxim Integrated Products, NetApp,
WinMagic, Thales e-security, and Gemalto are among the major hardware
encryption providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/hardware-encryption-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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