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.
Western Digital Corp dominated the market, with accounted for 19.858% of the Hardware Encryption Devices Revenue market share in 2016. Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Thales, Micron Technology Inc are the key players in USA Hardware Encryption Devices market.
The Middle Atlantic is the largest consumption region of Hardware Encryption Devices, with a consumption market share nearly 24.30% in 2016. The second place is The South; with the consumption market share over 20.99% in 2016.
Hardware Encryption Devices used in industry including IT & Telecom, BFSI, Government & Public Utilities, Manufacturing Enterprise and others. Report data showed that 26.28% of the Hardware Encryption Devices market demand in IT & Telecom.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
The global Hardware Encryption Devices market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
IT & Telecom
Government & Public Utilities
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