Global Hardware Encryption Devices Market Growth 2025-2031

Publication ID:

LPI03256018

Publication Date:

March 26, 2025

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Semiconductors [2]

Manufacturing (Computing & Electronics) [3]

Computing & Electronics [4]

Description:

The global Hardware Encryption Devices market size is predicted to grow from US$ 71650 million in 2025 to US$ 298740 million in 2031; it is expected to grow at a CAGR of 26.9% from 2025 to 2031.
Hardware-based encryption devices offer the security of strong encryption with the ease of minimal configuration and platform interoperability. Hardware encryption can offer several benefits beyond those provided by software encryption. These include faster algorithm processing, tamper-proof or tamper-resistant key storage, and protection against unauthorized code.
United States Hardware Encryption Devices key players include Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Thales, etc. Top four companies hold a share over 50%. In terms of product, Encrypted Hard Disk Drives is the largest segment, with a share over 55%. And in terms of application, the largest channel is IT & Telecom.
The 鈥淗ardware Encryption Devices Industry Forecast鈥� looks at past sales and reviews total world Hardware Encryption Devices sales in 2024, providing a comprehensive analysis by region and market sector of projected Hardware Encryption Devices sales for 2025 through 2031. With Hardware Encryption Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hardware Encryption Devices industry.
This Insight Report provides a comprehensive analysis of the global Hardware Encryption Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hardware Encryption Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Hardware Encryption Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hardware Encryption Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hardware Encryption Devices.
This report presents a comprehensive overview, market shares, and growth opportunities of Hardware Encryption Devices market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Segmentation by Application:
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Western Digital Corp
Seagate Technology PLC
Samsung Electronics
Micron Technology Inc
Intel
Kingston Technology Corp
Toshiba
Gemalto (Thales)
Certes Networks Inc.
Kanguru Solutions
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hardware Encryption Devices market?
What factors are driving Hardware Encryption Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hardware Encryption Devices market opportunities vary by end market size?
How does Hardware Encryption Devices break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hardware Encryption Devices Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Hardware Encryption Devices by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Hardware Encryption Devices by Country/Region, 2020, 2024 & 2031
2.2 Hardware Encryption Devices Segment by Type
2.2.1 Encrypted Hard Disk Drives
2.2.2 Encrypted Solid-State Drives
2.2.3 Hardware Security Module
2.3 Hardware Encryption Devices Sales by Type
2.3.1 Global Hardware Encryption Devices Sales Market Share by Type (2020-2025)
2.3.2 Global Hardware Encryption Devices Revenue and Market Share by Type (2020-2025)
2.3.3 Global Hardware Encryption Devices Sale Price by Type (2020-2025)
2.4 Hardware Encryption Devices Segment by Application
2.4.1 IT & Telecom
2.4.2 BFSI
2.4.3 Government & Public Utilities
2.4.4 Manufacturing Enterprise
2.4.5 Others
2.5 Hardware Encryption Devices Sales by Application
2.5.1 Global Hardware Encryption Devices Sale Market Share by Application (2020-2025)
2.5.2 Global Hardware Encryption Devices Revenue and Market Share by Application (2020-2025)
2.5.3 Global Hardware Encryption Devices Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Hardware Encryption Devices Breakdown Data by Company
3.1.1 Global Hardware Encryption Devices Annual Sales by Company (2020-2025)
3.1.2 Global Hardware Encryption Devices Sales Market Share by Company (2020-2025)
3.2 Global Hardware Encryption Devices Annual Revenue by Company (2020-2025)
3.2.1 Global Hardware Encryption Devices Revenue by Company (2020-2025)
3.2.2 Global Hardware Encryption Devices Revenue Market Share by Company (2020-2025)
3.3 Global Hardware Encryption Devices Sale Price by Company
3.4 Key Manufacturers Hardware Encryption Devices Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Hardware Encryption Devices Product Location Distribution
3.4.2 Players Hardware Encryption Devices Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Hardware Encryption Devices by Geographic Region
4.1 World Historic Hardware Encryption Devices Market Size by Geographic Region (2020-2025)
4.1.1 Global Hardware Encryption Devices Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Hardware Encryption Devices Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Hardware Encryption Devices Market Size by Country/Region (2020-2025)
4.2.1 Global Hardware Encryption Devices Annual Sales by Country/Region (2020-2025)
4.2.2 Global Hardware Encryption Devices Annual Revenue by Country/Region (2020-2025)
4.3 Americas Hardware Encryption Devices Sales Growth
4.4 APAC Hardware Encryption Devices Sales Growth
4.5 Europe Hardware Encryption Devices Sales Growth
4.6 Middle East & Africa Hardware Encryption Devices Sales Growth
5 Americas
5.1 Americas Hardware Encryption Devices Sales by Country
5.1.1 Americas Hardware Encryption Devices Sales by Country (2020-2025)
5.1.2 Americas Hardware Encryption Devices Revenue by Country (2020-2025)
5.2 Americas Hardware Encryption Devices Sales by Type (2020-2025)
5.3 Americas Hardware Encryption Devices Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Hardware Encryption Devices Sales by Region
6.1.1 APAC Hardware Encryption Devices Sales by Region (2020-2025)
6.1.2 APAC Hardware Encryption Devices Revenue by Region (2020-2025)
6.2 APAC Hardware Encryption Devices Sales by Type (2020-2025)
6.3 APAC Hardware Encryption Devices Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Hardware Encryption Devices by Country
7.1.1 Europe Hardware Encryption Devices Sales by Country (2020-2025)
7.1.2 Europe Hardware Encryption Devices Revenue by Country (2020-2025)
7.2 Europe Hardware Encryption Devices Sales by Type (2020-2025)
7.3 Europe Hardware Encryption Devices Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Hardware Encryption Devices by Country
8.1.1 Middle East & Africa Hardware Encryption Devices Sales by Country (2020-2025)
8.1.2 Middle East & Africa Hardware Encryption Devices Revenue by Country (2020-2025)
8.2 Middle East & Africa Hardware Encryption Devices Sales by Type (2020-2025)
8.3 Middle East & Africa Hardware Encryption Devices Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Hardware Encryption Devices
10.3 Manufacturing Process Analysis of Hardware Encryption Devices
10.4 Industry Chain Structure of Hardware Encryption Devices
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Hardware Encryption Devices Distributors
11.3 Hardware Encryption Devices Customer
12 World Forecast Review for Hardware Encryption Devices by Geographic Region
12.1 Global Hardware Encryption Devices Market Size Forecast by Region
12.1.1 Global Hardware Encryption Devices Forecast by Region (2026-2031)
12.1.2 Global Hardware Encryption Devices Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Hardware Encryption Devices Forecast by Type (2026-2031)
12.7 Global Hardware Encryption Devices Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Western Digital Corp
13.1.1 Western Digital Corp Company Information
13.1.2 Western Digital Corp Hardware Encryption Devices Product Portfolios and Specifications
13.1.3 Western Digital Corp Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Western Digital Corp Main Business Overview
13.1.5 Western Digital Corp Latest Developments
13.2 Seagate Technology PLC
13.2.1 Seagate Technology PLC Company Information
13.2.2 Seagate Technology PLC Hardware Encryption Devices Product Portfolios and Specifications
13.2.3 Seagate Technology PLC Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Seagate Technology PLC Main Business Overview
13.2.5 Seagate Technology PLC Latest Developments
13.3 Samsung Electronics
13.3.1 Samsung Electronics Company Information
13.3.2 Samsung Electronics Hardware Encryption Devices Product Portfolios and Specifications
13.3.3 Samsung Electronics Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Samsung Electronics Main Business Overview
13.3.5 Samsung Electronics Latest Developments
13.4 Micron Technology Inc
13.4.1 Micron Technology Inc Company Information
13.4.2 Micron Technology Inc Hardware Encryption Devices Product Portfolios and Specifications
13.4.3 Micron Technology Inc Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Micron Technology Inc Main Business Overview
13.4.5 Micron Technology Inc Latest Developments
13.5 Intel
13.5.1 Intel Company Information
13.5.2 Intel Hardware Encryption Devices Product Portfolios and Specifications
13.5.3 Intel Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Intel Main Business Overview
13.5.5 Intel Latest Developments
13.6 Kingston Technology Corp
13.6.1 Kingston Technology Corp Company Information
13.6.2 Kingston Technology Corp Hardware Encryption Devices Product Portfolios and Specifications
13.6.3 Kingston Technology Corp Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Kingston Technology Corp Main Business Overview
13.6.5 Kingston Technology Corp Latest Developments
13.7 Toshiba
13.7.1 Toshiba Company Information
13.7.2 Toshiba Hardware Encryption Devices Product Portfolios and Specifications
13.7.3 Toshiba Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Toshiba Main Business Overview
13.7.5 Toshiba Latest Developments
13.8 Gemalto (Thales)
13.8.1 Gemalto (Thales) Company Information
13.8.2 Gemalto (Thales) Hardware Encryption Devices Product Portfolios and Specifications
13.8.3 Gemalto (Thales) Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Gemalto (Thales) Main Business Overview
13.8.5 Gemalto (Thales) Latest Developments
13.9 Certes Networks Inc.
13.9.1 Certes Networks Inc. Company Information
13.9.2 Certes Networks Inc. Hardware Encryption Devices Product Portfolios and Specifications
13.9.3 Certes Networks Inc. Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Certes Networks Inc. Main Business Overview
13.9.5 Certes Networks Inc. Latest Developments
13.10 Kanguru Solutions
13.10.1 Kanguru Solutions Company Information
13.10.2 Kanguru Solutions Hardware Encryption Devices Product Portfolios and Specifications
13.10.3 Kanguru Solutions Hardware Encryption Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Kanguru Solutions Main Business Overview
13.10.5 Kanguru Solutions Latest Developments
14 Research Findings and Conclusion

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