출판 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2022년09월
하드웨어 보안 모듈(Hardware Security Modules) 시장 : 배포 유형(온프레미스, 클라우드 기반), 유형(LAN 기반/네트워크 연결, PCI 기반, USB 기반, 스마트 카드), 애플리케이션, 산업, 지역별(북미, 유럽, APAC, RoW) – 2027년까지의 세계 예측
Hardware Security Modules Market by Deployment Type (On-premises, Cloud Based), Type (LAN Based/Network Attached, PCI Based, USB Based, Smart Cards ), Applications, Verticals and Region (North America, Europe, APAC, RoW) – Global Forecast to 2027
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The hardware security module market size is valued at USD 1.1 Billion in 2022 and is anticipated to be USD 2.0 Billion by 2027; growing at a CAGR of 13.1% from 2022 to 2027. Lawmakers and regulators worldwide are improving the existing data security compliances implementing new legal frameworks, and defining new data security regulations to respond to the increasing internal and external risks, e.g., members of the IT team with knowledge of and access to networks, data centers, and admin accounts, which can lead to data security risks. As requirements for data protection compliance are becoming stringent, the use of point solutions to patch holes in data security compliance requirements is also increasing, resulting in rising demand for hardware security modules.
하드웨어 보안 모듈 시장 규모는 2022년에 11억 달러로 평가되며 2027년에는 20억 달러에 이를 것으로 예상됩니다. 2022년부터 2027년까지 13.1%의 CAGR로 성장 데이터 보안 위험으로 이어질 수 있는 네트워크, 데이터 센터 및 관리자 계정에 대한 지식과 액세스 권한이 있는 팀. 데이터 보호 규정 준수에 대한 요구 사항이 엄격해짐에 따라 데이터 보안 규정 준수 요구 사항의 허점을 패치하기 위한 포인트 솔루션의 사용도 증가하여 하드웨어 보안 모듈에 대한 수요가 증가하고 있습니다.
These modules provide a common, extensible implementation infrastructure that supports compliance regimes with protection for data-at-rest using encryption, enterprise key management, and access control and security intelligence across enterprises. Regulations such as FIPS 140-2 Level 3, PCI DSS, NIST, and ANSI must be followed by the manufacturers of hardware security modules.
Growing preference for digital payments
As cash usage is declining globally, digital payments are gaining popularity. While digital products such as payment apps, digital wallets, buy now pay later, and account-to-account (A2A) payments are gaining popularity, card payments continue to rule in markets with a significant incumbent advantage. The transition to frictionless, embedded banking journeys is driven by shifting consumer behaviors and reinvented customer experiences. Customers now demand simple, invisible, and embedded payment methods that guarantee secure and quick transactions. As consumers are becoming used to digital payments, payment service providers and merchants will need to keep up with technological advancements and consistently rising expectations to attract customers. Companies may keep up with the rapidly evolving innovations in the market by adopting an agile payment strategy. Due to the growing usage of digital payments, the need for hardware security modules for protecting critical user data is also expected to rise.
Asia Pacific is the second fastest-growing region in the hardware security module market
Asia Pacific is projected to be a high-growth market for hardware security modules during the forecast period. With three of the top 10 largest economies in the world—China, India, and Japan—the region presents a high potential for market growth. In this report, Asia Pacific constitutes Japan, China, India, South Korea, Australia, and the Rest of APAC. The growing demand for hardware security modules is attributed to the increasing number of manufacturers that require secure networks to enable internal and external communication across geographically diversified business units.
The breakup of primaries conducted during the study is depicted below:
• By Company Type: Tier 1 – 30 %, Tier 2 – 38%, and Tier 3 –32%
• By Designation: C-Level Executives – 44%, Directors – 38%, and Others – 18%
• By Region: North America– 30%, Europe – 25%, APAC – 26%, Rest of world– 19%
Research Coverage
The report segments the hardware security module market and forecasts its size, by volume and value, based on geography (North America, Europe, Asia Pacific, and RoW), deployment type (on-premises, cloud), type (LAN Based/Network attached, PCI-Based/Embedded plugins, Smart Cards, USB Based/Portable), by application (payment processing, code and document signing, Security sockets layer (SSL) and Transport security layer (TSL), Authentication, database encryption, PKI and Credential management, application-level encryption) and verticals (banking financial services and insurance, consumer goods & retail, medical & life sciences, public sector/government, energy & power, industrial manufacturing, aerospace & defense, transportation, IT and Telecommunications). The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the hardware security module market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Key Benefits of Buying This Report
1 This report segments the Hardware security modules market comprehensively provides the closest approximations of the overall market size and those of the subsegments across different applications and regions
2 The report provides a detailed analysis of the hardware security modules market with the help of competitive leadership mapping, including crucial companies in the market and their relations in the ecosystem.
3 Major market drivers, restraints, challenges, and opportunities have been detailed in this report.
4 Illustrative segmentation, analyses, and forecasts for the market based on deployment type, type, applications, verticals, and geography have been conducted to provide an overall view of the hardware security module market.
5 The report includes an in-depth analysis and ranking of key players.
목차
TABLE OF CONTENTS
1 INTRODUCTION (Page No. – 31)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.2.2 COMPANY: INCLUSIONS AND EXCLUSIONS
1.2.3 TYPE: INCLUSIONS AND EXCLUSIONS
1.2.4 DEPLOYMENT TYPE: INCLUSIONS AND EXCLUSIONS
1.2.5 APPLICATION: INCLUSIONS AND EXCLUSIONS
1.2.6 VERTICAL: INCLUSIONS AND EXCLUSIONS
1.2.7 REGION: INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 HARDWARE SECURITY MODULES MARKET: SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 CURRENCY CONVERSION RATES
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. – 38)
2.1 RESEARCH DATA
FIGURE 2 PROCESS FLOW: HARDWARE SECURITY MODULE MARKET SIZE ESTIMATION
FIGURE 3 HARDWARE SECURITY MODULES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.3 PRIMARY INTERVIEWS
2.1.4 MARKET: BREAKDOWN OF PRIMARY INTERVIEWS
2.1.4.1 Primary interviews with experts
2.1.4.2 Key data from primary sources
2.1.5 SECONDARY AND PRIMARY RESEARCH
2.1.5.1 Key industry insights
2.1.5.2 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)—REVENUE GENERATED BY KEY PLAYERS IN MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—ILLUSTRATION OF REVENUE ESTIMATION OF KEY PLAYER IN HARDWARE SECURITY MODULES MARKET
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for deriving market size by bottom-up analysis (demand side)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for deriving market size by top-down analysis (supply side)
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RISK ASSESSMENT
TABLE 2 RISK ASSESSMENT
2.5 RESEARCH ASSUMPTIONS
FIGURE 9 ASSUMPTIONS
2.5.1 RESEARCH LIMITATIONS
FIGURE 10 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. – 51)
FIGURE 11 LAN BASED/NETWORK ATTACHED SEGMENT TO LEAD HARDWARE SECURITY MODULES MARKET, BY TYPE, FROM 2022 TO 2027
FIGURE 12 CLOUD SEGMENT TO ACCOUNT FOR LARGER SHARE OF MARKET, BY DEPLOYMENT TYPE, FROM 2022 TO 2027
FIGURE 13 PAYMENT PROCESSING SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MARKET, BY APPLICATION, IN 2027
FIGURE 14 BFSI SEGMENT TO HOLD LARGEST MARKET SHARE, BY VERTICAL, DURING FORECAST PERIOD
FIGURE 15 EUROPE ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2021
4 PREMIUM INSIGHTS (Page No. – 55)
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS OPERATING IN HARDWARE SECURITY MODULES MARKET
FIGURE 16 ADVANCEMENTS IN NETWORKING AND COMMUNICATION TECHNOLOGIES
4.2 HARDWARE SECURITY MODULES MARKET, BY DEPLOYMENT TYPE
FIGURE 17 CLOUD SEGMENT TO HOLD LARGER MARKET SHARE IN 2027
4.3 MARKET FOR MEDICAL & LIFE SCIENCES VERTICAL, BY REGION
FIGURE 18 EUROPE TO HOLD LARGEST SHARE OF MARKET FOR MEDICAL & LIFE SCIENCES VERTICAL DURING FORECAST PERIOD
4.4 MARKET, BY VERTICAL AND REGION
FIGURE 19 BFSI SEGMENT AND EUROPE ACCOUNTED FOR LARGEST SHARES OF MARKET IN 2021
4.5 MARKET, BY REGION
FIGURE 20 NORTH AMERICAN MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. – 58)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 HARDWARE SECURITY MODULES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 22 MARKET: DRIVERS AND THEIR IMPACT
5.2.1.1 Increasing data breaches and cyberattacks
FIGURE 23 NUMBER OF CYBERATTACKS IN US, 2015–2021
5.2.1.2 Need to follow stringent data security compliances
5.2.1.3 Requirement for effective management of cryptographic keys
5.2.1.4 Growing preference for digital payments
5.2.2 RESTRAINTS
FIGURE 24 MARKET: RESTRAINTS AND THEIR IMPACT
5.2.2.1 High ownership costs associated with hardware security modules
5.2.2.2 Vulnerability to cyberattacks and security breaches
5.2.3 OPPORTUNITIES
FIGURE 25 MARKET: OPPORTUNITIES AND THEIR IMPACT
5.2.3.1 Rising demand for data security in cloud environments
5.2.3.2 Increased adoption of connected devices and Internet of Things (IoT) technologies in smart cities
5.2.3.3 Increased demand for hardware security modules with advent of 5G
5.2.4 CHALLENGES
FIGURE 26 MARKET: CHALLENGES AND THEIR IMPACT
5.2.4.1 Discovering and protecting sensitive data
5.2.4.2 Inability to control key management from outside physical protection boundary of hardware security modules
5.2.4.3 Complex integration process
5.3 VALUE CHAIN ANALYSIS
FIGURE 27 HARDWARE SECURITY MODULES MARKET: VALUE CHAIN
5.3.1 RESEARCH, DESIGN, AND DEVELOPMENT
5.3.2 RAW MATERIAL SUPPLIERS
5.3.3 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS)
5.3.4 SYSTEM INTEGRATORS
5.3.5 SUPPLIERS AND DISTRIBUTORS
5.3.6 VERTICALS
5.4 ECOSYSTEM ANALYSIS
TABLE 3 MARKET: ECOSYSTEM
FIGURE 28 KEY PLAYERS IN HARDWARE SECURITY MODULES ECOSYSTEM
5.5 TECHNOLOGY ANALYSIS
5.5.1 COMMERCIALIZATION OF INTERNET OF THINGS (IOT)
5.5.2 EMERGENCE OF 5G
5.5.3 INTEGRATION OF HARDWARE SECURITY MODULES INTO CONTACTLESS SMART CARDS
5.5.4 DIGITAL SIGNATURE
5.6 AVERAGE SELLING PRICE (ASP) ANALYSIS
FIGURE 29 AVERAGE SELLING PRICE (USD) OF HARDWARE SECURITY MODULES
5.7 PATENTS ANALYSIS
TABLE 4 PATENTS RELATED TO HARDWARE SECURITY MODULES MARKET
FIGURE 30 NUMBER OF PATENTS RELATED TO MARKET, 2012–2021
TABLE 5 TOP 10 PATENT OWNERS IN MARKET
FIGURE 31 TOP 10 PATENT OWNERS IN MARKET
5.8 TRADE DATA
TABLE 6 EXPORT DATA FOR PRODUCTS UNDER HS CODE 8471, BY COUNTRY, 2017–2021 (USD THOUSAND)
TABLE 7 IMPORT DATA FOR PRODUCTS UNDER HS CODE 8471, BY COUNTRY, 2017–2021 (USD THOUSAND)
5.9 REGULATORY LANDSCAPE
5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.9.2 GLOBAL REGULATIONS FOCUSED ON FRAUD PREVENTION AND STANDARDIZATION
5.9.3 REGULATIONS IN NORTH AMERICA FOCUSED ON CONSUMER PROTECTION
5.9.4 REGULATIONS IN EUROPE FOCUSED ON STANDARDIZATION
5.9.5 REGULATIONS IN ASIA PACIFIC FOCUSED ON DOMESTIC PAYMENT NETWORKS
5.10 PORTER’S FIVE FORCES ANALYSIS
FIGURE 32 MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 12 IMPACT OF EACH OF PORTER’S FIVE FORCES
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 CASE STUDY ANALYSIS
5.11.1 FARMERS & MERCHANTS BANK IMPLEMENTS CARDONCE SOLUTION OFFERED BY CPI CARD GROUP
5.11.2 RBS DEPLOYS FINGERPRINT BIOMETRIC CARDS FOR PAYMENTS
5.11.3 MASTERCARD, IDEMIA, AND MATCHMOVE PARTNERED TO LAUNCH BIOMETRIC CARDS IN ASIA
5.11.4 NASDAQ OMX PARTNERED WITH THALES TO DELIVER SECURE CLOUD FOR FINANCIAL SERVICES
TABLE 13 MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.12 KEY STAKEHOLDERS AND BUYING PROCESS
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 14 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
5.12.2 BUYING CRITERIA
FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 15 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.13 REVENUE SHIFT AND NEW REVENUE POCKETS FOR CUSTOMERS’ BUSINESSES
FIGURE 35 REVENUE SHIFT IN HARDWARE SECURITY MODULES MARKET
6 HARDWARE SECURITY MODULES MARKET, BY DEPLOYMENT TYPE (Page No. – 91)
6.1 INTRODUCTION
FIGURE 36 CLOUD SEGMENT TO EXHIBIT HIGHER CAGR IN HARDWARE SECURITY MODULES MARKET DURING FORECAST PERIOD
TABLE 16 MARKET, BY DEPLOYMENT TYPE, 2018–2021 (USD MILLION)
TABLE 17 MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)
6.2 ON-PREMISE
6.2.1 GROWING NEED FOR COMPLETE CONTROL DRIVES
TABLE 18 ON-PREMISE: MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 19 ON-PREMISE: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
6.3 CLOUD
6.3.1 COST-EFFECTIVENESS ASSOCIATED WITH CLOUD-BASED HARDWARE SECURITY MODULES
TABLE 20 CLOUD: MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 21 CLOUD: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
7 HARDWARE SECURITY MODULES MARKET, BY APPLICATION (Page No. – 97)
7.1 INTRODUCTION
FIGURE 37 SECURE SOCKETS LAYER (SSL) AND TRANSPORT LAYER SECURITY (TLS) SEGMENT TO EXHIBIT HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
TABLE 22 HARDWARE SECURITY MODULES MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 23 MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 24 NORTH AMERICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 25 NORTH AMERICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 26 EUROPE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 27 EUROPE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 28 ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 29 ASIA PACIFIC: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 30 ROW: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 31 ROW: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
7.2 PAYMENT PROCESSING
7.2.1 HIGH DEMAND FOR SOPHISTICATED PAYMENT PROCESSING METHODS TO IMPROVE ELECTRONIC TRANSACTIONS
7.3 CODE AND DOCUMENT SIGNING
7.3.1 HIGH ADOPTION OF HARDWARE SECURITY MODULES FOR CODE AND DOCUMENT SIGNING
7.4 SECURITY SOCKETS LAYER (SSL) AND TRANSPORT SECURITY LAYER (TSL)
7.4.1 INCREASED DEMAND FOR SECURITY SOCKETS LAYER (SSL) AND TRANSPORT SECURITY LAYER (TSL) IN IT & TELECOMMUNICATIONS VERTICAL
7.5 AUTHENTICATION
7.5.1 GROWING NEED FOR HARDWARE SECURITY MODULES IN AUTHENTICATION APPLICATIONS
7.6 DATABASE ENCRYPTION
7.6.1 RISING FOCUS ON PROTECTING DATA THROUGH ENCRYPTION
7.7 PUBLIC KEY INFRASTRUCTURE (PKI) AND CREDENTIAL MANAGEMENT
7.7.1 INCREASING DEMAND FOR HARDWARE SECURITY MODULES IN CREDENTIAL MANAGEMENT TO ENABLE USERS TO TRANSMIT DATA SAFELY
7.8 APPLICATION-LEVEL ENCRYPTION
7.8.1 INCREASING REQUIREMENT FOR ENHANCING EFFICIENCY AND ACCURACY OF APPLICATION-LEVEL ENCRYPTION
8 HARDWARE SECURITY MODULES MARKET, BY TYPE (Page No. – 106)
8.1 INTRODUCTION
FIGURE 38 USB BASED/PORTABLE SEGMENT TO EXHIBIT HIGHEST CAGR IN HARDWARE SECURITY MODULES MARKET DURING FORECAST PERIOD
TABLE 32 MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 33 MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 34 NORTH AMERICA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 35 NORTH AMERICA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 36 EUROPE: MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 37 EUROPE: MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 38 ASIA PACIFIC: MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 39 ASIA PACIFIC: MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 40 ROW: MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 41 ROW: MARKET, BY TYPE, 2022–2027 (USD MILLION)
8.2 LAN BASED/NETWORK ATTACHED
8.2.1 LAN-BASED HARDWARE SECURITY MODULE ACT AS CENTRALIZED KEY MANAGEMENT SYSTEM
8.3 PCI BASED OR EMBEDDED PLUGIN
8.3.1 PCI-BASED HARDWARE SECURITY MODULES CAN SECURE ENTIRE ELECTRONIC CONTROL UNIT (ECU)
8.4 USB BASED OR PORTABLE
8.4.1 PORTABLE HARDWARE SECURITY MODULES CAN PERFORM ENCRYPTION AND KEY PROTECTION FUNCTIONS
8.5 SMART CARDS
8.5.1 SMART CARDS REDUCE RISK OF CYBERCRIMES BY PROTECTING DIGITAL ASSETS
9 HARDWARE SECURITY MODULES MARKET, BY VERTICAL (Page No. – 113)
9.1 INTRODUCTION
FIGURE 39 BFSI VERTICAL TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 42 HARDWARE SECURITY MODULES MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 43 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
9.2 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
9.2.1 RISING USE OF HARDWARE SECURITY MODULES TO MITIGATE RISKS OF ONLINE FINANCIAL FRAUD
TABLE 44 BFSI: NORTH AMERICA MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 45 BFSI: NORTH AMERICA HARDWARE SECURITY MODULES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 46 BFSI: EUROPE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 47 BFSI: EUROPE MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 48 BFSI: ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 49 BFSI: ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 50 BFSI: ROW MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 51 BFSI: ROW MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
9.3 IT & TELECOMMUNICATIONS
9.3.1 GROWING NEED FOR HIGH AUTHENTICATION AND DEVICE SECURITY AND RISING DEVELOPMENTS IN 5G INFRASTRUCTURE
TABLE 52 IT & TELECOMMUNICATIONS: NORTH AMERICA HARDWARE SECURITY MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 53 IT & TELECOMMUNICATIONS: NORTH AMERICA MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 54 IT & TELECOMMUNICATIONS: EUROPE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 55 IT & TELECOMMUNICATIONS: EUROPE MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 56 IT & TELECOMMUNICATIONS: ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 57 IT & TELECOMMUNICATIONS: ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 58 IT & TELECOMMUNICATIONS: ROW MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 59 IT & TELECOMMUNICATIONS: ROW MARKET, BY REGION, 2022–2027 (USD MILLION)
9.4 PUBLIC SECTOR/GOVERNMENT
9.4.1 RISING NEED FOR PROLONGED DATA PROTECTION IRRESPECTIVE OF LOCATION
TABLE 60 PUBLIC SECTOR/GOVERNMENT: NORTH AMERICA HARDWARE SECURITY MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 61 PUBLIC SECTOR/GOVERNMENT: NORTH AMERICA MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 62 PUBLIC SECTOR/GOVERNMENT: EUROPE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 63 PUBLIC SECTOR/GOVERNMENT: EUROPE MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 64 PUBLIC SECTOR/GOVERNMENT: ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 65 PUBLIC SECTOR/GOVERNMENT: ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 66 PUBLIC SECTOR/GOVERNMENT: ROW MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 67 PUBLIC SECTOR/GOVERNMENT: ROW MARKET, BY REGION, 2022–2027 (USD MILLION)
9.5 INDUSTRIAL MANUFACTURING
9.5.1 ADOPTION OF HARDWARE SECURITY MODULES TO EXCHANGE DATA ACROSS MULTIPLE BUSINESS LEVELS
TABLE 68 INDUSTRIAL MANUFACTURING: NORTH AMERICA MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 69 INDUSTRIAL MANUFACTURING: NORTH AMERICA MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 70 INDUSTRIAL MANUFACTURING: EUROPE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 71 INDUSTRIAL MANUFACTURING: EUROPE MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 72 INDUSTRIAL MANUFACTURING: ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 73 INDUSTRIAL MANUFACTURING: ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 74 INDUSTRIAL MANUFACTURING: ROW MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 75 INDUSTRIAL MANUFACTURING: ROW MARKET, BY REGION, 2022–2027 (USD MILLION)
9.6 ENERGY & POWER
9.6.1 INTEGRATION OF HARDWARE SECURITY MODULES INTO CRITICAL INFRASTRUCTURES TO ENHANCE SECURITY PROTOCOLS
TABLE 76 ENERGY & POWER: NORTH AMERICA HARDWARE SECURITY MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 77 ENERGY & POWER: NORTH AMERICA MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 78 ENERGY & POWER: EUROPE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 79 ENERGY & POWER: EUROPE MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 80 ENERGY & POWER: ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 81 ENERGY & POWER: ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 82 ENERGY & POWER: ROW MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 83 ENERGY & POWER: ROW MARKET, BY REGION, 2022–2027 (USD MILLION)
9.7 CONSUMER GOODS & RETAIL
9.7.1 HIGH NEED TO SECURE PROPRIETARY INFORMATION
TABLE 84 CONSUMER GOODS & RETAIL: NORTH AMERICA HARDWARE SECURITY MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 85 CONSUMER GOODS & RETAIL: NORTH AMERICA MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 86 CONSUMER GOODS & RETAIL: EUROPE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 87 CONSUMER GOODS & RETAIL: EUROPE MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 88 CONSUMER GOODS & RETAIL: ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 89 CONSUMER GOODS & RETAIL: ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 90 CONSUMER GOODS & RETAIL: ROW MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 91 CONSUMER GOODS & RETAIL: ROW MARKET, BY REGION, 2022–2027 (USD MILLION)
9.8 MEDICAL & LIFE SCIENCES
9.8.1 RISING NEED TO SHARE DATA ONLY ACROSS TRUSTED PARTNERS AND DEVICES
TABLE 92 MEDICAL & LIFE SCIENCES: NORTH AMERICA MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 93 MEDICAL & LIFE SCIENCES: NORTH AMERICA MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 94 MEDICAL & LIFE SCIENCES: EUROPE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 95 MEDICAL & LIFE SCIENCES: EUROPE MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 96 MEDICAL & LIFE SCIENCES: ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 97 MEDICAL & LIFE SCIENCES: ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 98 MEDICAL & LIFE SCIENCES: ROW MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 99 MEDICAL & LIFE SCIENCES: ROW MARKET, BY REGION, 2022–2027 (USD MILLION)
9.9 AEROSPACE & DEFENSE
9.9.1 INCREASING USE OF HARDWARE SECURITY MODULES TO SAFEGUARD CRITICAL DATA
TABLE 100 AEROSPACE & DEFENSE: NORTH AMERICA HARDWARE SECURITY MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 101 AEROSPACE & DEFENSE: NORTH AMERICA MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 102 AEROSPACE & DEFENSE: EUROPE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 103 AEROSPACE & DEFENSE: EUROPE MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 104 AEROSPACE & DEFENSE: ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 105 AEROSPACE & DEFENSE: ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 106 AEROSPACE & DEFENSE: ROW MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 107 AEROSPACE & DEFENSE: ROW MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
9.10 TRANSPORTATION
9.10.1 INCREASING ADVANCEMENTS IN CONNECTED CARS
TABLE 108 TRANSPORTATION: NORTH AMERICA HARDWARE SECURITY MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 109 TRANSPORTATION: NORTH AMERICA MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 110 TRANSPORTATION: EUROPE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 111 TRANSPORTATION: EUROPE MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 112 TRANSPORTATION: ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 113 TRANSPORTATION: ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 114 TRANSPORTATION: ROW MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 115 TRANSPORTATION: ROW MARKET, BY REGION, 2022–2027 (USD MILLION)
10 HARDWARE SECURITY MODULES MARKET, BY REGION (Page No. – 145)
10.1 INTRODUCTION
FIGURE 40 REGIONAL SNAPSHOT: NORTH AMERICAN HARDWARE SECURITY MODULES MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 41 EUROPE TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 116 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 117 MARKET, BY REGION, 2022–2027 (USD MILLION)
10.2 NORTH AMERICA
TABLE 118 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 119 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
FIGURE 42 NORTH AMERICA: SNAPSHOT OF HARDWARE SECURITY MODULES MARKET
10.2.1 US
10.2.1.1 Rising adoption of communication devices to provide high-quality encrypted services
10.2.2 CANADA
10.2.2.1 Rising number of cyberattacks
10.2.3 MEXICO
10.2.3.1 Rising demand for improved network security in automobile manufacturing plants
10.3 EUROPE
TABLE 120 EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 121 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
FIGURE 43 EUROPE: SNAPSHOT OF HARDWARE SECURITY MODULES MARKET
10.3.1 GERMANY
10.3.1.1 High deployment of hardware security modules across connected networks in automotive industry
10.3.2 UK
10.3.2.1 Increasing adoption of advanced interconnected technologies
10.3.3 FRANCE
10.3.3.1 Rising adoption of hardware security modules in aerospace & defense and medical & life sciences verticals
10.3.4 ITALY
10.3.4.1 Growing awareness regarding IT security
10.3.5 NETHERLANDS
10.3.5.1 Increasing digital advancements
10.3.6 RUSSIA
10.3.6.1 Increasing establishment of manufacturing units
10.3.7 REST OF EUROPE
10.4 ASIA PACIFIC
TABLE 122 ASIA PACIFIC: HARDWARE SECURITY MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 123 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
FIGURE 44 ASIA PACIFIC: SNAPSHOT OF MARKET
10.4.1 CHINA
10.4.1.1 Rising number of manufacturing facilities
10.4.2 JAPAN
10.4.2.1 Expanding consumer goods & retail, medical device, and IT & telecommunications verticals
10.4.3 INDIA
10.4.3.1 Rising initiatives to boost foreign direct investments
10.4.4 SOUTH KOREA
10.4.4.1 Surging adoption of hardware security modules in consumer goods & retail vertical
10.4.5 AUSTRALIA
10.4.5.1 High demand for mobile security solutions
10.4.6 REST OF ASIA PACIFIC
10.5 ROW
TABLE 124 ROW: HARDWARE SECURITY MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 125 ROW: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.1.1 Brazil
10.5.1.1.1 Booming healthcare vertical
10.5.1.2 Argentina
10.5.1.2.1 Government-led initiatives to boost economic growth
10.5.1.3 Rest of South America
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 Saudi Arabia
10.5.2.1.1 Rising focus on boosting consumer electronics and healthcare verticals
10.5.2.2 United Arab Emirates (UAE)
10.5.2.2.1 Government policies to boost economic growth
10.5.2.3 Rest of Middle East & Africa
11 COMPETITIVE LANDSCAPE (Page No. – 164)
11.1 OVERVIEW
TABLE 126 COMPANIES ADOPTED ACQUISITIONS AND PARTNERSHIPS AS KEY GROWTH STRATEGIES FROM JANUARY 2018 TO JUNE 2022
11.2 MARKET SHARE ANALYSIS
TABLE 127 HARDWARE SECURITY MODULES MARKET: DEGREE OF COMPETITION
TABLE 128 MARKET: MARKET RANKING ANALYSIS
FIGURE 45 MARKET: MARKET SHARE ANALYSIS
11.3 HARDWARE SECURITY MODULES MARKET: REVENUE ANALYSIS, 2019–2021
FIGURE 46 THREE-YEAR REVENUE SNAPSHOT OF KEY COMPANIES
11.4 COMPANY EVALUATION QUADRANT, 2021
11.4.1 STARS
11.4.2 PERVASIVE PLAYERS
11.4.3 EMERGING LEADERS
11.4.4 PARTICIPANTS
FIGURE 47 MARKET: (GLOBAL) COMPANY EVALUATION QUADRANT, 2021
11.5 COMPETITIVE BENCHMARKING
11.5.1 PRODUCT FOOTPRINT (10 COMPANIES)
TABLE 129 TYPE: COMPANY FOOTPRINT (25 COMPANIES)
TABLE 130 DEPLOYMENT TYPE: COMPANY FOOTPRINT (25 COMPANIES)
TABLE 131 REGION: COMPANY FOOTPRINT (25 COMPANIES)
TABLE 132 OVERALL: COMPANY FOOTPRINT (25 COMPANIES)
11.6 STARTUP/SME EVALUATION QUADRANT, 2021
11.6.1 PROGRESSIVE COMPANIES
11.6.2 RESPONSIVE COMPANIES
11.6.3 DYNAMIC COMPANIES
11.6.4 STARTING BLOCKS
FIGURE 48 HARDWARE SECURITY MODULES MARKET: (GLOBAL) STARTUP/SME EVALUATION QUADRANT, 2021
11.7 COMPETITIVE SCENARIOS AND TRENDS
11.7.1 PRODUCT LAUNCHES
TABLE 133 MARKET: PRODUCT LAUNCHES, JANUARY 2018–MARCH 2021
11.7.2 DEALS
TABLE 134 MARKET: DEALS, JANUARY 2018–JUNE 2022
TABLE 135 MARKET: DETAILED LIST OF KEY STARTUPS/SMES
12 COMPANY PROFILES (Page No. – 189)
12.1 KEY COMPANIES
(Business Overview, Products Offered, Recent Developments, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)*
12.1.1 THALES
TABLE 136 THALES: COMPANY OVERVIEW
FIGURE 49 THALES: COMPANY SNAPSHOT
TABLE 137 THALES: PRODUCTS OFFERED
TABLE 138 THALES: PRODUCT LAUNCHES
TABLE 139 THALES: DEALS
12.1.2 UTIMACO
TABLE 140 UTIMACO: COMPANY OVERVIEW
TABLE 141 UTIMACO: PRODUCTS OFFERED
TABLE 142 UTIMACO: PRODUCT LAUNCHES
TABLE 143 UTIMACO: DEALS
12.1.3 FUTUREX
TABLE 144 FUTUREX: COMPANY OVERVIEW
TABLE 145 FUTUREX: PRODUCTS OFFERED
TABLE 146 FUTUREX: PRODUCT LAUNCHES
TABLE 147 FUTUREX: DEALS
12.1.4 INFINEON TECHNOLOGIES
TABLE 148 INFINEON TECHNOLOGIES: COMPANY OVERVIEW
FIGURE 50 INFINEON TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 149 INFINEON TECHNOLOGIES: PRODUCTS OFFERED
TABLE 150 INFINEON TECHNOLOGIES: PRODUCT LAUNCHES
TABLE 151 INFINEON TECHNOLOGIES: DEALS
12.1.5 IBM
TABLE 152 IBM: COMPANY OVERVIEW
FIGURE 51 IBM: COMPANY SNAPSHOT
TABLE 153 IBM: PRODUCTS OFFERED
TABLE 154 IBM: DEALS
12.1.6 STMICROELECTRONICS
TABLE 155 STMICROELECTRONICS: COMPANY OVERVIEW
FIGURE 52 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 156 STMICROELECTRONICS: PRODUCTS OFFERED
TABLE 157 STMICROELECTRONICS: PRODUCT LAUNCHES
TABLE 158 STMICROELECTRONICS: DEALS
12.1.7 MICROCHIP TECHNOLOGY
TABLE 159 MICROCHIP TECHNOLOGY: COMPANY OVERVIEW
FIGURE 53 MICROCHIP TECHNOLOGY: COMPANY SNAPSHOT
TABLE 160 MICROCHIP TECHNOLOGY: PRODUCTS OFFERED
12.1.8 ATOS SE
TABLE 161 ATOS SE: COMPANY OVERVIEW
FIGURE 54 ATOS SE: COMPANY SNAPSHOT
TABLE 162 ATOS SE: PRODUCTS OFFERED
TABLE 163 ATOS SE: PRODUCT LAUNCHES
TABLE 164 ATOS SE: DEALS
12.1.9 YUBICO
TABLE 165 YUBICO: COMPANY OVERVIEW
TABLE 166 YUBICO: PRODUCTS OFFERED
TABLE 167 YUBICO: PRODUCT LAUNCHES
TABLE 168 YUBICO: DEALS
12.1.10 SWIFT
TABLE 169 SWIFT: COMPANY OVERVIEW
FIGURE 55 SWIFT: COMPANY SNAPSHOT
TABLE 170 SWIFT: PRODUCTS OFFERED
12.2 OTHER PLAYERS
12.2.1 SECUROSYS
TABLE 171 SECUROSYS: COMPANY OVERVIEW
12.2.2 SPYRUS
TABLE 172 SPYRUS: COMPANY OVERVIEW
12.2.3 LEDGER
TABLE 173 LEDGER: COMPANY OVERVIEW
12.2.4 ULTRA ELECTRONICS
TABLE 174 ULTRA ELECTRONICS: COMPANY OVERVIEW
12.2.5 ADWEBTECH
TABLE 175 ADWEBTECH: COMPANY OVERVIEW
12.2.6 EFFICIENT INDIA
TABLE 176 EFFICIENT INDIA: COMPANY OVERVIEW
12.2.7 LATTICE SEMICONDUCTORS
TABLE 177 LATTICE SEMICONDUCTORS: COMPANY OVERVIEW
12.2.8 ELLIPTICSECURE
TABLE 178 ELLIPTICSECURE: COMPANY OVERVIEW
12.2.9 AMAZON INC.
TABLE 179 AMAZON INC.: COMPANY OVERVIEW
12.2.10 ENTRUST SECURITY
TABLE 180 ENTRUST SECURITY: COMPANY OVERVIEW
12.2.11 ESCRYPT
TABLE 181 ESCRYPT: COMPANY OVERVIEW
12.2.12 SANSEC TECHNOLOGY
TABLE 182 SANSEC TECHNOLOGY: COMPANY OVERVIEW
12.2.13 FORTANIX
TABLE 183 FORTANIX: COMPANY OVERVIEW
12.2.14 JISA SOFTECH
TABLE 184 JISA SOFTECH: COMPANY OVERVIEW
12.2.15 MICROSOFT
TABLE 185 MICROSOFT: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies.
13 APPENDIX (Page No. – 242)
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
