Global Hardware Security Module (HSM) Market to 2026: Utimaco GmbH, Futurex, Thales E-Security, Gemalto NV, IBM, SWIFT, Yubico
The major factor leading to the growth of the hardware security module (HSM) market is growing data security concerns in all the data sensitive companies around the world. Hardware security modules are responsible for efficiently storing and managing cryptographic keys. The HSM performs a number of important security related functions including encryption and message authentication.
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