Title: Hardware Security Modules Market - Forecast(2022 - 2027)
1Hardware Security Modules Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- The global market for Hardware Security Modules
(HSM) is poised to reach 2.8 Billion by 2026,
advancing at a CAGR of 11.9 during the forecast
period 2021-2026. - Hardware Security Module is highly
tamper-resistant device designed to protect and
secure cryptographic devices and secure
cryptoprocessor chips. - It is also used to handle transparent database
encryption key for data privacy. - To secure private and sensitive data from cyber
attacks, hacking and data breaches, the demand
for hardware security module is increasing among
all industries, resulting in the growth of the
market during the forecast period 2021-2026.
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- Key Takeaways
- The top 10 companies in the Hardware Security
Module Market are Ultimaco GmbH, Futurex , IBM
Corporation, Thales e-Security Inc, Ultra
Electronics, Swift, Spyrus Inc, Yubico, ATOS SE
and Ledger - Cloud segment held the highest market share,
owing to growing adoption among SMEs. - Banking and Financial Institution held the
highest market share in 2020 and is estimated to
witness a notable growth during the forecast
period 2021-2026, due to rise in digital payment
processing.
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Hardware Security Modules Market Segment
Analysis Based on Deployment, Hardware Security
Module Market is segmented into Cloud and
On-Premise. Cloud segment held the market share
with a value of 15.9 and it is anticipated to
witness the significant market growth during the
forecast period 2021-2026. By using Cloud based
HSM one can easily generate own encryption keys
on the cloud.
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- Hardware security Modules Market Industry
Outlook - Utimaco GmbH
- FutureX
- Thales e-Security
- Ultra Electronics
- Swift SCRL
- Yubico
- ATOS SE
- Ledger
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Hardware security Modules Market - Forecast(2022
- 2027) Learn More About the Report _at_
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urity-Modules-Market-Research-505265
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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