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.
The global Hardware Encryption Devices market is projected to reach US$ 191820 million by 2030 from an estimated US$ 48170 million in 2024, at a CAGR of 25.9% during 2024 and 2030.
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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Hardware Encryption Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Hardware Encryption Devices.
The Hardware Encryption Devices market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hardware Encryption Devices market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hardware Encryption Devices manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and regions.
Market Segmentation
By Company
Western Digital Corp
Seagate Technology PLC
Samsung Electronics
Micron Technology Inc
Intel
Kingston Technology Corp
Toshiba
Gemalto (Thales)
Certes Networks Inc.
Kanguru Solutions
Segment by Type
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Segment by Application
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Hardware Encryption Devices in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Hardware Encryption Devices manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Hardware Encryption Devices sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Study Coverage
1.1 Hardware Encryption Devices Product Introduction
1.2 Market by Type
1.2.1 Global Hardware Encryption Devices Market Size Growth Rate by Type (2019 VS 2023 VS 2030)
1.2.2 Encrypted Hard Disk Drives
1.2.3 Encrypted Solid-State Drives
1.2.4 Hardware Security Module
1.3 Market by Application
1.3.1 Global Hardware Encryption Devices Market Size Growth Rate by Application (2019 VS 2023 VS 2030)
1.3.2 IT & Telecom
1.3.3 BFSI
1.3.4 Government & Public Utilities
1.3.5 Manufacturing Enterprise
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Hardware Encryption Devices Market Size Estimates and Forecasts
2.1.1 Global Hardware Encryption Devices Revenue 2019-2030
2.1.2 Global Hardware Encryption Devices Sales 2019-2030
2.2 Hardware Encryption Devices Market Size by Region: 2023 Versus 2030
2.3 Hardware Encryption Devices Sales by Region (2019-2030)
2.3.1 Global Hardware Encryption Devices Sales by Region: 2019-2024
2.3.2 Global Hardware Encryption Devices Sales Forecast by Region (2025-2030)
2.3.3 Global Hardware Encryption Devices Sales Market Share by Region (2019-2030)
2.4 Hardware Encryption Devices Market Estimates and Projections by Region (2025-2030)
2.4.1 Global Hardware Encryption Devices Revenue by Region: 2019-2024
2.4.2 Global Hardware Encryption Devices Revenue Forecast by Region (2025-2030)
2.4.3 Global Hardware Encryption Devices Revenue Market Share by Region (2019-2030)
3 Global Hardware Encryption Devices by Manufacturers
3.1 Global Top Hardware Encryption Devices Manufacturers by Sales
3.1.1 Global Hardware Encryption Devices Sales by Manufacturer (2019-2024)
3.1.2 Global Hardware Encryption Devices Sales Market Share by Manufacturer (2019-2024)
3.2 Global Top Hardware Encryption Devices Manufacturers by Revenue
3.2.1 Global Hardware Encryption Devices Revenue by Manufacturer (2019-2024)
3.2.2 Global Hardware Encryption Devices Revenue Share by Manufacturer (2019-2024)
3.3 Global Hardware Encryption Devices Price by Manufacturer (2019-2024)
3.4 Competitive Landscape
3.4.1 Key Hardware Encryption Devices Manufacturers Covered: Ranking by Revenue
3.4.2 Global Hardware Encryption Devices Market Concentration Ratio (CR5 and HHI) & (2019-2024)
3.4.3 Global Hardware Encryption Devices Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.5 Global Hardware Encryption Devices Manufacturing Base Distribution, Product Type
3.5.1 Hardware Encryption Devices Manufacturers Manufacturing Base Distribution, Headquarters
3.5.2 Manufacturers Hardware Encryption Devices Product Type
3.5.3 Date of International Manufacturers Enter into Hardware Encryption Devices Market
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Company Profiles
4.1 Western Digital Corp
4.1.1 Western Digital Corp Company Information
4.1.2 Western Digital Corp Description, Business Overview
4.1.3 Western Digital Corp Hardware Encryption Devices Products Offered
4.1.4 Western Digital Corp Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.1.5 Western Digital Corp Hardware Encryption Devices Sales by Product in 2023
4.1.6 Western Digital Corp Hardware Encryption Devices Sales by Application in 2023
4.1.7 Western Digital Corp Hardware Encryption Devices Sales by Geographic Area in 2023
4.1.8 Western Digital Corp Recent Developments
4.2 Seagate Technology PLC
4.2.1 Seagate Technology PLC Company Information
4.2.2 Seagate Technology PLC Description, Business Overview
4.2.3 Seagate Technology PLC Hardware Encryption Devices Products Offered
4.2.4 Seagate Technology PLC Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.2.5 Seagate Technology PLC Hardware Encryption Devices Sales by Product in 2023
4.2.6 Seagate Technology PLC Hardware Encryption Devices Sales by Application in 2023
4.2.7 Seagate Technology PLC Hardware Encryption Devices Sales by Geographic Area in 2023
4.2.8 Seagate Technology PLC Recent Developments
4.3 Samsung Electronics
4.3.1 Samsung Electronics Company Information
4.3.2 Samsung Electronics Description, Business Overview
4.3.3 Samsung Electronics Hardware Encryption Devices Products Offered
4.3.4 Samsung Electronics Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.3.5 Samsung Electronics Hardware Encryption Devices Sales by Product in 2023
4.3.6 Samsung Electronics Hardware Encryption Devices Sales by Application in 2023
4.3.7 Samsung Electronics Hardware Encryption Devices Sales by Geographic Area in 2023
4.3.8 Samsung Electronics Recent Developments
4.4 Micron Technology Inc
4.4.1 Micron Technology Inc Company Information
4.4.2 Micron Technology Inc Description, Business Overview
4.4.3 Micron Technology Inc Hardware Encryption Devices Products Offered
4.4.4 Micron Technology Inc Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.4.5 Micron Technology Inc Hardware Encryption Devices Sales by Product in 2023
4.4.6 Micron Technology Inc Hardware Encryption Devices Sales by Application in 2023
4.4.7 Micron Technology Inc Hardware Encryption Devices Sales by Geographic Area in 2023
4.4.8 Micron Technology Inc Recent Developments
4.5 Intel
4.5.1 Intel Company Information
4.5.2 Intel Description, Business Overview
4.5.3 Intel Hardware Encryption Devices Products Offered
4.5.4 Intel Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.5.5 Intel Hardware Encryption Devices Sales by Product in 2023
4.5.6 Intel Hardware Encryption Devices Sales by Application in 2023
4.5.7 Intel Hardware Encryption Devices Sales by Geographic Area in 2023
4.5.8 Intel Recent Developments
4.6 Kingston Technology Corp
4.6.1 Kingston Technology Corp Company Information
4.6.2 Kingston Technology Corp Description, Business Overview
4.6.3 Kingston Technology Corp Hardware Encryption Devices Products Offered
4.6.4 Kingston Technology Corp Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.6.5 Kingston Technology Corp Hardware Encryption Devices Sales by Product in 2023
4.6.6 Kingston Technology Corp Hardware Encryption Devices Sales by Application in 2023
4.6.7 Kingston Technology Corp Hardware Encryption Devices Sales by Geographic Area in 2023
4.6.8 Kingston Technology Corp Recent Development
4.7 Toshiba
4.7.1 Toshiba Company Information
4.7.2 Toshiba Description, Business Overview
4.7.3 Toshiba Hardware Encryption Devices Products Offered
4.7.4 Toshiba Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.7.5 Toshiba Hardware Encryption Devices Sales by Product in 2023
4.7.6 Toshiba Hardware Encryption Devices Sales by Application in 2023
4.7.7 Toshiba Hardware Encryption Devices Sales by Geographic Area in 2023
4.7.8 Toshiba Recent Development
4.8 Gemalto (Thales)
4.8.1 Gemalto (Thales) Company Information
4.8.2 Gemalto (Thales) Description, Business Overview
4.8.3 Gemalto (Thales) Hardware Encryption Devices Products Offered
4.8.4 Gemalto (Thales) Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.8.5 Gemalto (Thales) Hardware Encryption Devices Sales by Product in 2023
4.8.6 Gemalto (Thales) Hardware Encryption Devices Sales by Application in 2023
4.8.7 Gemalto (Thales) Hardware Encryption Devices Sales by Geographic Area in 2023
4.8.8 Gemalto (Thales) Recent Development
4.9 Certes Networks Inc.
4.9.1 Certes Networks Inc. Company Information
4.9.2 Certes Networks Inc. Description, Business Overview
4.9.3 Certes Networks Inc. Hardware Encryption Devices Products Offered
4.9.4 Certes Networks Inc. Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.9.5 Certes Networks Inc. Hardware Encryption Devices Sales by Product in 2023
4.9.6 Certes Networks Inc. Hardware Encryption Devices Sales by Application in 2023
4.9.7 Certes Networks Inc. Hardware Encryption Devices Sales by Geographic Area in 2023
4.9.8 Certes Networks Inc. Recent Development
4.10 Kanguru Solutions
4.10.1 Kanguru Solutions Company Information
4.10.2 Kanguru Solutions Description, Business Overview
4.10.3 Kanguru Solutions Hardware Encryption Devices Products Offered
4.10.4 Kanguru Solutions Hardware Encryption Devices Sales, Revenue and Gross Margin (2019-2024)
4.10.5 Kanguru Solutions Hardware Encryption Devices Sales by Product in 2023
4.10.6 Kanguru Solutions Hardware Encryption Devices Sales by Application in 2023
4.10.7 Kanguru Solutions Hardware Encryption Devices Sales by Geographic Area in 2023
4.10.8 Kanguru Solutions Recent Development
5 Breakdown Data by Type
5.1 Global Hardware Encryption Devices Sales by Type (2019-2030)
5.1.1 Global Hardware Encryption Devices Sales by Type (2019-2024)
5.1.2 Global Hardware Encryption Devices Sales Forecast by Type (2025-2030)
5.1.3 Global Hardware Encryption Devices Sales Market Share by Type (2019-2030)
5.2 Global Hardware Encryption Devices Revenue Forecast by Type (2019-2030)
5.2.1 Global Hardware Encryption Devices Revenue by Type (2019-2024)
5.2.2 Global Hardware Encryption Devices Revenue Forecast by Type (2025-2030)
5.2.3 Global Hardware Encryption Devices Revenue Market Share by Type (2019-2030)
5.3 Hardware Encryption Devices Average Selling Price (ASP) by Type (2019-2030)
6 Breakdown Data by Application
6.1 Global Hardware Encryption Devices Sales by Application (2019-2030)
6.1.1 Global Hardware Encryption Devices Sales by Application (2019-2024)
6.1.2 Global Hardware Encryption Devices Sales Forecast by Application (2025-2030)
6.1.3 Global Hardware Encryption Devices Sales Market Share by Application (2019-2030)
6.2 Global Hardware Encryption Devices Revenue Forecast by Application (2019-2030)
6.2.1 Global Hardware Encryption Devices Revenue by Application (2019-2024)
6.2.2 Global Hardware Encryption Devices Revenue Forecast by Application (2025-2030)
6.2.3 Global Hardware Encryption Devices Revenue Market Share by Application (2019-2030)
6.3 Hardware Encryption Devices Average Selling Price (ASP) by Application (2019-2030)
7 North America
7.1 North America Hardware Encryption Devices Market Size YoY Growth 2019-2030
7.2 North America Hardware Encryption Devices Market Facts & Figures by Country
7.2.1 North America Hardware Encryption Devices Sales by Country (2019-2030)
7.2.2 North America Hardware Encryption Devices Revenue by Country (2019-2030)
7.3 North America Hardware Encryption Devices Sales by Type (2019-2024)
7.4 North America Hardware Encryption Devices Sales by Application (2019-2024)
8 Asia-Pacific
8.1 Asia-Pacific Hardware Encryption Devices Market Size YoY Growth 2019-2030
8.2 Asia-Pacific Hardware Encryption Devices Market Facts & Figures by Region
8.2.1 Asia-Pacific Hardware Encryption Devices Sales by Region (2019-2030)
8.2.2 Asia-Pacific Hardware Encryption Devices Revenue by Region (2019-2030)
8.3 Asia-Pacific Hardware Encryption Devices Sales by Type (2019-2024)
8.4 Asia-Pacific Hardware Encryption Devices Sales by Application (2019-2024)
9 Europe
9.1 Europe Hardware Encryption Devices Market Size YoY Growth 2019-2030
9.2 Europe Hardware Encryption Devices Market Facts & Figures by Country
9.2.1 Europe Hardware Encryption Devices Sales by Country (2019-2030)
9.2.2 Europe Hardware Encryption Devices Revenue by Country (2019-2030)
9.3 Europe Hardware Encryption Devices Sales by Type (2019-2024)
9.4 Europe Hardware Encryption Devices Sales by Application (2019-2024)
10 Latin America
10.1 Latin America Hardware Encryption Devices Market Size YoY Growth 2019-2030
10.2 Latin America Hardware Encryption Devices Market Facts & Figures by Country
10.2.1 Latin America Hardware Encryption Devices Sales by Country (2019-2030)
10.2.2 Latin America Hardware Encryption Devices Revenue by Country (2019-2030)
10.3 Latin America Hardware Encryption Devices Sales by Type (2019-2024)
10.4 Latin America Hardware Encryption Devices Sales by Application (2019-2024)
11 Middle East and Africa
11.1 Middle East and Africa Hardware Encryption Devices Market Size YoY Growth 2019-2030
11.2 Middle East and Africa Hardware Encryption Devices Market Facts & Figures by Country
11.2.1 Middle East and Africa Hardware Encryption Devices Sales by Country (2019-2030)
11.2.2 Middle East and Africa Hardware Encryption Devices Revenue by Country (2019-2030)
11.3 Middle East and Africa Hardware Encryption Devices Sales by Type (2019-2024)
11.4 Middle East and Africa Hardware Encryption Devices Sales by Application (2019-2024)
12 Supply Chain and Sales Channel Analysis
12.1 Hardware Encryption Devices Supply Chain Analysis
12.2 Hardware Encryption Devices Key Raw Materials and Upstream Suppliers
12.3 Hardware Encryption Devices Clients Analysis
12.4 Hardware Encryption Devices Sales Channel and Sales Model Analysis
12.4.1 Hardware Encryption Devices Distribution Channel Analysis: Indirect Sales VS Direct Sales
12.4.2 Hardware Encryption Devices Distribution Channel Analysis: Online Sales VS Offline Sales
12.4.3 Hardware Encryption Devices Distributors
13 Market Dynamics
13.1 Hardware Encryption Devices Industry Trends
13.2 Hardware Encryption Devices Market Drivers
13.3 Hardware Encryption Devices Market Challenges
13.4 Hardware Encryption Devices Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer
Western Digital Corp
Seagate Technology PLC
Samsung Electronics
Micron Technology Inc
Intel
Kingston Technology Corp
Toshiba
Gemalto (Thales)
Certes Networks Inc.
Kanguru Solutions
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*If Applicable.
