
A hardware security module (HSM) is a physical computing device that safeguards and manages digital keys for strong authentication and provides crypto processing. These modules traditionally come in the form of a plug-in card or an external device that attaches directly to a computer or network server. Hardware Security Modules (HSM) are devices specifically built to create a tamper-resistant environment in which to perform cryptographic processes (e.g. encryption or digital signing) and to manage keys associated with those processes. HSMs often provide cryptographic acceleration that is measured in terms of operations. These devices are used to protect critical data processing activities associated with server based applications and can be used to strongly enforce security policies and access controls. These modules are physical devices that traditionally come in the form of a plug-in card or an external network connected appliance and are often validated against security standards such as FIPS.
Market Analysis and Insights: Global Hardware Security Modules (HSM) Market
Due to the COVID-19 pandemic, the global Hardware Security Modules (HSM) market size is estimated to be worth US$ 1089 million in 2022 and is forecast to a readjusted size of US$ 2208.3 million by 2029 with a CAGR of 10.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, General Purpose HSMs accounting for % of the Hardware Security Modules (HSM) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Industrial and Manufacturing segment is altered to an % CAGR throughout this forecast period.
Global Hardware Security Modules (HSM) key players include Thales, Entrust Datacard, Utimaco, ATOS SE, Marvell Technology Group, etc. Global top five manufacturers hold a share about 46%. North America is the largest market, with a share about 32%, followed by Asia Pacific and Europe, both have a share over 47 percent. In terms of product, General Purpose HSMs is the largest segment, with a share over 70%. And in terms of application, the largest application is BFSI, followed by Government, etc.
Global Hardware Security Modules (HSM) Scope and Market Size
The global Hardware Security Modules (HSM) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Hardware Security Modules (HSM) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
General Purpose HSMs
Payment HSMs
HSMaaS
Segment by Application
Industrial and Manufacturing
BFSI
Government
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Thales
Entrust Datacard
Utimaco
ATOS SE
Marvell Technology Group
Westone Information Industry Inc
Ultra Electronics
Synopsys, Inc
Futurex
Keyou
Exceet Secure Solutions GmbH
Beijing Dean information technology
Securosys
Yubico
Sansec
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Hardware Security Modules (HSM) Market Size by Type (2018 VS 2022 VS 2029)
1.2.2 General Purpose HSMs
1.2.3 Payment HSMs
1.2.4 HSMaaS
1.3 Market by Application
1.3.1 Global Hardware Security Modules (HSM) Market Share by Application (2018 VS 2022 VS 2029)
1.3.2 Industrial and Manufacturing
1.3.3 BFSI
1.3.4 Government
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Hardware Security Modules (HSM) Market Perspective (2018-2029)
2.2 Global Hardware Security Modules (HSM) Market Size by Region: 2018 VS 2022 VS 2029
2.3 Global Hardware Security Modules (HSM) Revenue Market Share by Region (2018-2023)
2.4 Global Hardware Security Modules (HSM) Revenue Forecast by Region (2024-2029)
2.5 Geographic Market Analysis: Market Facts & Figures
2.5.1 United States Hardware Security Modules (HSM) Estimates and Projections (2018-2029)
2.5.2 Europe Hardware Security Modules (HSM) Estimates and Projections (2018-2029)
2.5.3 China Hardware Security Modules (HSM) Estimates and Projections (2018-2029)
2.5.4 Japan Hardware Security Modules (HSM) Estimates and Projections (2018-2029)
2.5.5 Southeast Asia Hardware Security Modules (HSM) Estimates and Projections (2018-2029)
2.5.6 India Hardware Security Modules (HSM) Estimates and Projections (2018-2029)
3 Global Hardware Security Modules (HSM) Competition Landscape by Players
3.1 Global Top Hardware Security Modules (HSM) Players by Revenue (2018-2023)
3.1.1 Global Top Hardware Security Modules (HSM) Players by Revenue (2018-2023)
3.1.2 Global Hardware Security Modules (HSM) Revenue Market Share by Players (2018-2023)
3.2 Global Hardware Security Modules (HSM) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Hardware Security Modules (HSM) Revenue
3.4 Global Hardware Security Modules (HSM) Market Concentration Ratio
3.4.1 Global Hardware Security Modules (HSM) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Hardware Security Modules (HSM) Revenue in 2022
3.5 Hardware Security Modules (HSM) Key Players Head office and Area Served
3.6 Key Players Hardware Security Modules (HSM) Product Solution and Service
3.7 Date of Enter into Hardware Security Modules (HSM) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Hardware Security Modules (HSM) Breakdown Data by Type
4.1 Global Hardware Security Modules (HSM) Historic Market Size by Type (2018-2023)
4.2 Global Hardware Security Modules (HSM) Forecasted Market Size by Type (2024-2029)
5 Hardware Security Modules (HSM) Breakdown Data by Application
5.1 Global Hardware Security Modules (HSM) Historic Market Size by Application (2018-2023)
5.2 Global Hardware Security Modules (HSM) Forecasted Market Size by Application (2024-2029)
6 United States Hardware Security Modules (HSM) Market Facts & Figures
6.1 United States Hardware Security Modules (HSM) Revenue by Company (2018-2023)
6.2 United States Hardware Security Modules (HSM) Market Size by Type
6.2.1 United States Hardware Security Modules (HSM) Market Size by Type (2018-2023)
6.2.2 United States Hardware Security Modules (HSM) Market Size by Type (2024-2029)
6.2.3 United States Hardware Security Modules (HSM) Market Share by Type (2018-2029)
6.3 United States Hardware Security Modules (HSM) Market Size by Application
6.3.1 United States Hardware Security Modules (HSM) Market Size by Application (2018-2023)
6.3.2 United States Hardware Security Modules (HSM) Market Size by Application (2024-2029)
6.3.3 United States Hardware Security Modules (HSM) Market Share by Application (2018-2029)
7 Europe Hardware Security Modules (HSM) Market Facts & Figures
7.1 Europe Hardware Security Modules (HSM) Revenue by Company (2018-2023)
7.2 Europe Hardware Security Modules (HSM) Market Size by Type
7.2.1 Europe Hardware Security Modules (HSM) Market Size by Type (2018-2023)
7.2.2 Europe Hardware Security Modules (HSM) Market Size by Type (2024-2029)
7.2.3 Europe Hardware Security Modules (HSM) Market Share by Type (2018-2029)
7.3 Europe Hardware Security Modules (HSM) Market Size by Application
7.3.1 Europe Hardware Security Modules (HSM) Market Size by Application (2018-2023)
7.3.2 Europe Hardware Security Modules (HSM) Market Size by Application (2024-2029)
7.3.3 Europe Hardware Security Modules (HSM) Market Share by Application (2018-2029)
8 China Hardware Security Modules (HSM) Market Facts & Figures
8.1 China Hardware Security Modules (HSM) Revenue by Company (2018-2023)
8.2 China Hardware Security Modules (HSM) Market Size by Type
8.2.1 China Hardware Security Modules (HSM) Market Size by Type (2018-2023)
8.2.2 China Hardware Security Modules (HSM) Market Size by Type (2024-2029)
8.2.3 China Hardware Security Modules (HSM) Market Share by Type (2018-2029)
8.3 China Hardware Security Modules (HSM) Market Size by Application
8.3.1 China Hardware Security Modules (HSM) Market Size by Application (2018-2023)
8.3.2 China Hardware Security Modules (HSM) Market Size by Application (2024-2029)
8.3.3 China Hardware Security Modules (HSM) Market Share by Application (2018-2029)
9 Japan Hardware Security Modules (HSM) Market Facts & Figures
9.1 Japan Hardware Security Modules (HSM) Revenue by Company (2018-2023)
9.2 Japan Hardware Security Modules (HSM) Market Size by Type
9.2.1 Japan Hardware Security Modules (HSM) Market Size by Type (2018-2023)
9.2.2 Japan Hardware Security Modules (HSM) Market Size by Type (2024-2029)
9.2.3 Japan Hardware Security Modules (HSM) Market Share by Type (2018-2029)
9.3 Japan Hardware Security Modules (HSM) Market Size by Application
9.3.1 Japan Hardware Security Modules (HSM) Market Size by Application (2018-2023)
9.3.2 Japan Hardware Security Modules (HSM) Market Size by Application (2024-2029)
9.3.3 Japan Hardware Security Modules (HSM) Market Share by Application (2018-2029)
10 Southeast Asia Hardware Security Modules (HSM) Market Facts & Figures
10.1 Southeast Asia Hardware Security Modules (HSM) Revenue by Company (2018-2023)
10.2 Southeast Asia Hardware Security Modules (HSM) Market Size by Type
10.2.1 Southeast Asia Hardware Security Modules (HSM) Market Size by Type (2018-2023)
10.2.2 Southeast Asia Hardware Security Modules (HSM) Market Size by Type (2024-2029)
10.2.3 Southeast Asia Hardware Security Modules (HSM) Market Share by Type (2018-2029)
10.3 Southeast Asia Hardware Security Modules (HSM) Market Size by Application
10.3.1 Southeast Asia Hardware Security Modules (HSM) Market Size by Application (2018-2023)
10.3.2 Southeast Asia Hardware Security Modules (HSM) Market Size by Application (2024-2029)
10.3.3 Southeast Asia Hardware Security Modules (HSM) Market Share by Application (2018-2029)
11 India Hardware Security Modules (HSM) Market Facts & Figures
11.1 India Hardware Security Modules (HSM) Revenue by Company (2018-2023)
11.2 India Hardware Security Modules (HSM) Market Size by Type
11.2.1 India Hardware Security Modules (HSM) Market Size by Type (2018-2023)
11.2.2 India Hardware Security Modules (HSM) Market Size by Type (2024-2029)
11.2.3 India Hardware Security Modules (HSM) Market Share by Type (2018-2029)
11.3 India Hardware Security Modules (HSM) Market Size by Application
11.3.1 India Hardware Security Modules (HSM) Market Size by Application (2018-2023)
11.3.2 India Hardware Security Modules (HSM) Market Size by Application (2024-2029)
11.3.3 India Hardware Security Modules (HSM) Market Share by Application (2018-2029)
12 Key Players Profiles
12.1 Thales
12.1.1 Thales Company Details
12.1.2 Thales Business Overview
12.1.3 Thales Hardware Security Modules (HSM) Introduction
12.1.4 Thales Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.1.5 Thales Recent Development
12.2 Entrust Datacard
12.2.1 Entrust Datacard Company Details
12.2.2 Entrust Datacard Business Overview
12.2.3 Entrust Datacard Hardware Security Modules (HSM) Introduction
12.2.4 Entrust Datacard Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.2.5 Entrust Datacard Recent Development
12.3 Utimaco
12.3.1 Utimaco Company Details
12.3.2 Utimaco Business Overview
12.3.3 Utimaco Hardware Security Modules (HSM) Introduction
12.3.4 Utimaco Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.3.5 Utimaco Recent Development
12.4 ATOS SE
12.4.1 ATOS SE Company Details
12.4.2 ATOS SE Business Overview
12.4.3 ATOS SE Hardware Security Modules (HSM) Introduction
12.4.4 ATOS SE Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.4.5 ATOS SE Recent Development
12.5 Marvell Technology Group
12.5.1 Marvell Technology Group Company Details
12.5.2 Marvell Technology Group Business Overview
12.5.3 Marvell Technology Group Hardware Security Modules (HSM) Introduction
12.5.4 Marvell Technology Group Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.5.5 Marvell Technology Group Recent Development
12.6 Westone Information Industry Inc
12.6.1 Westone Information Industry Inc Company Details
12.6.2 Westone Information Industry Inc Business Overview
12.6.3 Westone Information Industry Inc Hardware Security Modules (HSM) Introduction
12.6.4 Westone Information Industry Inc Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.6.5 Westone Information Industry Inc Recent Development
12.7 Ultra Electronics
12.7.1 Ultra Electronics Company Details
12.7.2 Ultra Electronics Business Overview
12.7.3 Ultra Electronics Hardware Security Modules (HSM) Introduction
12.7.4 Ultra Electronics Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.7.5 Ultra Electronics Recent Development
12.8 Synopsys, Inc
12.8.1 Synopsys, Inc Company Details
12.8.2 Synopsys, Inc Business Overview
12.8.3 Synopsys, Inc Hardware Security Modules (HSM) Introduction
12.8.4 Synopsys, Inc Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.8.5 Synopsys, Inc Recent Development
12.9 Futurex
12.9.1 Futurex Company Details
12.9.2 Futurex Business Overview
12.9.3 Futurex Hardware Security Modules (HSM) Introduction
12.9.4 Futurex Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.9.5 Futurex Recent Development
12.10 Keyou
12.10.1 Keyou Company Details
12.10.2 Keyou Business Overview
12.10.3 Keyou Hardware Security Modules (HSM) Introduction
12.10.4 Keyou Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.10.5 Keyou Recent Development
12.11 Exceet Secure Solutions GmbH
12.11.1 Exceet Secure Solutions GmbH Company Details
12.11.2 Exceet Secure Solutions GmbH Business Overview
12.11.3 Exceet Secure Solutions GmbH Hardware Security Modules (HSM) Introduction
12.11.4 Exceet Secure Solutions GmbH Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.11.5 Exceet Secure Solutions GmbH Recent Development
12.12 Beijing Dean information technology
12.12.1 Beijing Dean information technology Company Details
12.12.2 Beijing Dean information technology Business Overview
12.12.3 Beijing Dean information technology Hardware Security Modules (HSM) Introduction
12.12.4 Beijing Dean information technology Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.12.5 Beijing Dean information technology Recent Development
12.13 Securosys
12.13.1 Securosys Company Details
12.13.2 Securosys Business Overview
12.13.3 Securosys Hardware Security Modules (HSM) Introduction
12.13.4 Securosys Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.13.5 Securosys Recent Development
12.14 Yubico
12.14.1 Yubico Company Details
12.14.2 Yubico Business Overview
12.14.3 Yubico Hardware Security Modules (HSM) Introduction
12.14.4 Yubico Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.14.5 Yubico Recent Development
12.15 Sansec
12.15.1 Sansec Company Details
12.15.2 Sansec Business Overview
12.15.3 Sansec Hardware Security Modules (HSM) Introduction
12.15.4 Sansec Revenue in Hardware Security Modules (HSM) Business (2018-2023)
12.15.5 Sansec Recent Development
13 Market Dynamics
13.1 Hardware Security Modules (HSM) Industry Trends
13.2 Hardware Security Modules (HSM) Market Drivers
13.3 Hardware Security Modules (HSM) Market Challenges
13.4 Hardware Security Modules (HSM) 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 List
15.3 Disclaimer
Thales
Entrust Datacard
Utimaco
ATOS SE
Marvell Technology Group
Westone Information Industry Inc
Ultra Electronics
Synopsys, Inc
Futurex
Keyou
Exceet Secure Solutions GmbH
Beijing Dean information technology
Securosys
Yubico
Sansec
Ìý
Ìý
*If Applicable.
