Hardware Security Module trend shows a rapid growth by 2027 – ATOS, Cardcontact Systems, Futurex, Gemalto NV, Hewlett Packard, IBM Corporation, SWIFT, Thales E-Security, Ultra Electronics Group, Yubico

Press Release

A hardware security module is a crypto processor, which is precisely designed to protect the crypto key lifecycle. It is hardware with associated software placed inside or attached to specific hardware for serving cryptographic functions. The functions of a hardware security module comprise of encryption, decryption, key management/generation, and hashing. These systems have the capability to securely back up the keys, which can be handled by the use of certain external security token including smart card or through operating systems of the computer.


Data security concern of companies dealing with sensitive data is increasingly demanding for hardware security module; thus, influencing the hardware security module market growth. Further, increasing internet penetration has resulted in adapting to information systems for simplification of several operational processes. Thus, bolstering the demand for hardware security module market. Also, the emergence of digital transactions, electronic payments, and rising need for protection of highly sensitive financial data from a possible security threat is driving the hardware security module market growth.

Key Benefits-

  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Hardware Security Module Market
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

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Companies profiled in this report includes, ATOS SE, Cardcontact Systems GmbH, Futurex LP, Gemalto NV, Hewlett Packard Enterprise, IBM Corporation, SWIFT, Thales E-Security Inc., Ultra Electronics Group, Yubico


The “Global Hardware Security Module Market Analysis to 2027” is a specialized and in-depth study of the hardware security module industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hardware security module market with detailed market segmentation by type, application, industry, and geography. The global hardware security module market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hardware security module market players and offers key trends and opportunities in the market.


The global hardware security module market is segmented based on type, application, and industry. Based on the type, the market is segmented into LAN Based, PCIe Based, and USB Based. By application, the hardware security module market is categorized into payment processing, database encryption, code and document signing, PKI or credential management, secure socket layer, authentication, application-level encryption, and others. The industry segment of the hardware security module market is classified into BFSI, energy & utility, manufacturing, retail & consumer goods, government, healthcare, and others.


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hardware security module market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The hardware security module market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Reason to Buy:
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Hardware Security Module Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Hardware Security Module Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.