Los Angeles, CA -- (SBWire) -- 06/26/2019 --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.
The Hardware Security Module industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and Western European.
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Global giant manufactures mainly distributed in U.S. China?and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as Gemalto have relative higher level of product's quality. As to France, Gemalto has become as a global leader. In Germany, Utimaco leads the technology development. Most of Chinese manufactures locate in Beijing?Guangzhou province.
Many companies have several plants, usually locate in the place close to aimed consumption region. There are international companies set up factories in China either, such as JN UNION. Some companies usually take a joint venture enter into aim market.
The key consumption markets locate at developed countries. The United States takes the market share of 32%, followed by EU with 24%. China's consumption market share of 14.5% with a quicker growing speed of CAGR 18%.
We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.
The global Hardware Security Modules (HSM) market is valued at 1080 million US$ in 2018 is expected to reach 2450 million US$ by the end of 2025, growing at a CAGR of 10.8% during 2019-2025.
This report focuses on Hardware Security Modules (HSM) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hardware Security Modules (HSM) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Gemalto
Atos SE
Westone
Thales
Ultra Electronics
Utimaco
JN UNION
JN TASS
Beijing Sansec Technology
Yubico
SWIFT
Micro Focus
Futurex
SPYRUS Inc.
Segment by Regions
North America
Europe
China
Japan
Segment by Type
General Purpose HSMs
Payment HSMs
Others
Segment by Application
Industrial and Manufacturing
Banking, Financial services and Insurance (BFSI)
Government
Others
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The study objectives of this report are:
To study and analyze the global Hardware Security Modules market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Hardware Security Modules market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Hardware Security Modules manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hardware Security Modules with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Hardware Security Modules submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Hardware Security Modules are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hardware Security Modules market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Hardware Security Modules market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
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Hardware Security Modules Market Forecast & Opportunities 2019: Key Players- Gemalto, Atos SE, Westone