Market Overview:
The global general purpose HSMs market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high security and encryption solutions across various industries, such as industrial and manufacturing, banking, financial services and insurance (BFSI), government, and others. In addition, the growing trend of Bring Your Own Device (BYOD) is also contributing to the growth of this market. Based on type, the global general purpose HSMs market can be segmented into PCI-based HSMs, USB-based HSMs, network-based HSMs Java-basedHSMs.
Product Definition:
A General Purpose HSM is a hardware device that provides a secure environment for the storage and management of cryptographic keys. The importance of General Purpose HSMs is that they provide a more secure way to store and manage cryptographic keys than software-based solutions.
PCI Based:
PCI-Based High-Security Magnetic Memory Devices (HSMDs) are a class of high security magnetic memory devices based on the popular PCI Express interface. They provide a means for storing data and protecting it from unauthorized access using standard PC hardware. The primary goal of this technology is to allow system builders to use standard PC components such as network cards, sound cards, USB ports, etc., in high security applications such as government classified data or military intelligence.
USB Based:
USB Based HSM is a security module which uses USB interface for communication with host systems. It provides various advantages such as it can be used in any computer or peripheral and also supports plug-in cards. The major advantage of using this product is that the data cannot be extracted from the device even if all other secret information is known because there are no cables connecting to the PC board inside the device.
It has various applications such as digital signature, encryption, authentication.
Application Insights:
The application segment is segregated into seven sub-segments, namely industrial and manufacturing, banking, financial services and insurance (BFSI), government, IT/Telecom, others. The BFSI sector accounted for the largest market share in 2017 owing to the high usage of HSMs in card transactions and data encryption by major banks worldwide.
In addition to this growing demand from BFSI sector is also driving their adoption in other sectors such as healthcare & defense among others. The industry has witnessed a surge in adoption of Java Based HSMs due to its lightweight nature that enables easy integration with existing systems without any modification required on server end-point. This factor has led to an increased demand for these devices across various applications including e-commerce where they are used as authentication servers or transaction verifiers protecting sensitive data stored on electronic media from unauthorized access or alteration.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of key industry players and increased adoption of high security standards by various organizations are some factors driving the regional market growth. Furthermore, increasing government mandates for data protection are also expected to drive demand for general purpose HSMs in this region over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions owing to increasing penetration by leading HSM manufacturers such as NTT Docomo, Fujitsu, Infineon Technologies along with growing demand from emerging sectors such as BFSI and healthcare sector especially in India and China.
Growth Factors:
- Increasing demand for data security and privacy
- Proliferation of cloud-based services and big data analytics
- Growing number of cyber-attacks and data breaches
- Regulatory compliance mandates
- Advances in HSMs technology
Scope Of The Report
Report Attributes
Report Details
Report Title
General Purpose HSMs Market Research Report
By Type
PCI Based, USB Based, Network Based, Java Based
By Application
Industrial and Manufacturing, Banking, Financial services and Insurance (BFSI), Government, Others
By Companies
Gemalto (Netherlands), Thales (US), Utimaco (Germany), Atos SE (France), Yubico (Sweden), Futurex (US), JN UNION (China), JN TASS (China), Beijing Sansec Technology (China), SPYRUS Inc. (US), Micro Focus (US), SWIFT (Belgium), Ultra Electronics (UK), Westone (China)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global General Purpose HSMs Market Report Segments:
The global General Purpose HSMs market is segmented on the basis of:
Types
PCI Based, USB Based, Network Based, Java Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial and Manufacturing, Banking, Financial services and Insurance (BFSI), Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gemalto (Netherlands)
- Thales (US)
- Utimaco (Germany)
- Atos SE (France)
- Yubico (Sweden)
- Futurex (US)
- JN UNION (China)
- JN TASS (China)
- Beijing Sansec Technology (China)
- SPYRUS Inc. (US)
- Micro Focus (US)
- SWIFT (Belgium)
- Ultra Electronics (UK)
- Westone (China)
Highlights of The General Purpose HSMs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PCI Based
- USB Based
- Network Based
- Java Based
- By Application:
- Industrial and Manufacturing
- Banking, Financial services and Insurance (BFSI)
- Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the General Purpose HSMs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
General Purpose HSMs are designed to securely store and process large amounts of data. They can be used for a variety of applications, including financial institutions, healthcare organizations, and government agencies.
Some of the key players operating in the general purpose hsms market are Gemalto (Netherlands), Thales (US), Utimaco (Germany), Atos SE (France), Yubico (Sweden), Futurex (US), JN UNION (China), JN TASS (China), Beijing Sansec Technology (China), SPYRUS Inc. (US), Micro Focus (US), SWIFT (Belgium), Ultra Electronics (UK), Westone (China).
The general purpose hsms market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 General Purpose HSMs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 General Purpose HSMs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 General Purpose HSMs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the General Purpose HSMs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global General Purpose HSMs Market Size & Forecast, 2020-2028
4.5.1 General Purpose HSMs Market Size and Y-o-Y Growth
4.5.2 General Purpose HSMs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PCI Based
5.2.2 USB Based
5.2.3 Network Based
5.2.4 Java Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial and Manufacturing
6.2.2 Banking
6.2.3 Financial services and Insurance (BFSI)
6.2.4 Government
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global General Purpose HSMs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 General Purpose HSMs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PCI Based
9.6.2 USB Based
9.6.3 Network Based
9.6.4 Java Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial and Manufacturing
9.10.2 Banking
9.10.3 Financial services and Insurance (BFSI)
9.10.4 Government
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PCI Based
10.6.2 USB Based
10.6.3 Network Based
10.6.4 Java Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial and Manufacturing
10.10.2 Banking
10.10.3 Financial services and Insurance (BFSI)
10.10.4 Government
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PCI Based
11.6.2 USB Based
11.6.3 Network Based
11.6.4 Java Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial and Manufacturing
11.10.2 Banking
11.10.3 Financial services and Insurance (BFSI)
11.10.4 Government
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PCI Based
12.6.2 USB Based
12.6.3 Network Based
12.6.4 Java Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial and Manufacturing
12.10.2 Banking
12.10.3 Financial services and Insurance (BFSI)
12.10.4 Government
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PCI Based
13.6.2 USB Based
13.6.3 Network Based
13.6.4 Java Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial and Manufacturing
13.10.2 Banking
13.10.3 Financial services and Insurance (BFSI)
13.10.4 Government
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 General Purpose HSMs Market: Competitive Dashboard
14.2 Global General Purpose HSMs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gemalto (Netherlands)
14.3.2 Thales (US)
14.3.3 Utimaco (Germany)
14.3.4 Atos SE (France)
14.3.5 Yubico (Sweden)
14.3.6 Futurex (US)
14.3.7 JN UNION (China)
14.3.8 JN TASS (China)
14.3.9 Beijing Sansec Technology (China)
14.3.10 SPYRUS Inc. (US)
14.3.11 Micro Focus (US)
14.3.12 SWIFT (Belgium)
14.3.13 Ultra Electronics (UK)
14.3.14 Westone (China)
