Market Overview:
HSM is a hardware device that provides secure cryptographic operations and key management. It is used to protect the confidentiality and integrity of data stored on or processed by modern systems. The global HSM market is expected to grow from USD 1,711.8 million in 2018 to USD 3,521.0 million by 2030, at a CAGR of 10.9% from 2018 to 2030.
 For Modern Systems Industry Outlook.svg)
Product Definition:
A hardware security module (HSM) is a physical device that provides cryptographic services to a computer system.
-Secure key storage.
An HSM is important for two reasons: first, it provides a more secure way to store keys than software alone; and second, it can provide cryptographic services that are not available in software.
LAN Based:
LAN-based solutions are used to transfer data over a network without the need for an internet connection. LAN is also used as an interface between different hardware components within a computer system or network. The growth factor in this market is increasing demand from small and medium enterprises due to cost effectiveness, ease of use and flexibility offered by these solutions.
PCle Based:
The global PCle Based and it's usage in Hardware Security Module (HSM) For Modern Systems market size was valued at USD 4.5 billion in 2015 and is expected to witness significant growth over the forecast period. The increasing demand for mobile devices, such as tablets & smartphones, has led to an increase in the use of personal data across various sectors including healthcare, banking & finance, telecom sector among others.
Application Insights:
The banking, financial services, and insurance (BFSI) sector accounted for the largest market share in 2016. The BFSI sector is one of the most prominent sectors that are adopting modern hardware security modules to secure sensitive data transmission across network infrastructure.HSM solutions are widely adopted by major banks and other financial institutions to ensure data integrity and confidentiality while preventing unauthorised access or alterations to information stored on computer systems.
The technology & communication segment is expected to register a significant CAGR over the forecast period owing to increasing demand from various end-use industries such as IT/ITeS, telecom, media & entertainment (M&E), aerospace & defense among others for deploying HSM based solutions. Increasing digitalization has led towards an increased need for robust security architecture in communication networks which is anticipated fuel product demand over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing government regulations for data security and compliance with banking standards. Furthermore, high penetration of smart devices coupled with stringent policies regarding device security is expected to drive the demand for hardware-based encryption over next eight years.
Asia Pacific is estimated to witness significant growth over the forecast period owing to rising investments by governments in developing countries such as China and India on account of rapid technological advancements across various sectors including healthcare, IT & communication, defense & military among others are anticipated to boost industry expansion over next eight years. Moreover, growing adoption rate of advanced technologies such as 4G/LTE connectivity along with increasing number smartphone users are also driving regional demand for hardware-based encryption products HSM solutions providers).
Growth Factors:
- Increased demand for data security and privacy from consumers and businesses
- The need to comply with government regulations and industry standards for data security
- The growing use of cloud-based services and the resulting increase in the number of third-party providers that have access to sensitive data
- The increasing sophistication of cyber attacks, including ransomware, that are targeting hardware devices and systems
- The growing popularity of IoT devices and the potential for them to be used in cyber attacks
Scope Of The Report
Report Attributes
Report Details
Report Title
Hardware Security Module (HSM) For Modern Systems Market Research Report
By Type
LAN Based, PCle Based, USB Based
By Application
BFSI, Government, Technology and Communication, Industrial and Manufacturing, Energy and Utility, Retail and Consumer Products, Healthcare & Life sciences, Others (Automotive, Transportation and Hospitality)
By Companies
Gemalto, IBM, Ultra Electronics Group, Utimaco, Futurex, Thales e-Security, Hewlett Packard Enterprise Development, Yubico, Entrust Datacard, ATOS SE, Cavium (Marvell), Synopsys, Exceet Secure Solution
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Hardware Security Module (HSM) For Modern Systems Market Report Segments:
The global Hardware Security Module (HSM) For Modern Systems market is segmented on the basis of:
Types
LAN Based, PCle Based, USB 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
BFSI, Government, Technology and Communication, Industrial and Manufacturing, Energy and Utility, Retail and Consumer Products, Healthcare & Life sciences, Others (Automotive, Transportation and Hospitality)
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
- IBM
- Ultra Electronics Group
- Utimaco
- Futurex
- Thales e-Security
- Hewlett Packard Enterprise Development
- Yubico
- Entrust Datacard
- ATOS SE
- Cavium (Marvell)
- Synopsys
- Exceet Secure Solution
 For Modern Systems Market Overview.svg)
Highlights of The Hardware Security Module (HSM) For Modern Systems 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:
- LAN Based
- PCle Based
- USB Based
- By Application:
- BFSI
- Government
- Technology and Communication
- Industrial and Manufacturing
- Energy and Utility
- Retail and Consumer Products
- Healthcare & Life sciences
- Others (Automotive, Transportation and Hospitality)
- 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 Hardware Security Module (HSM) For Modern Systems 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.
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 For Modern Systems Market Statistics.svg)
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?
A Hardware Security Module (HSM) is a specialized security device that helps protect modern systems from unauthorized access. HSM devices are typically used in organizations that process highly sensitive data, such as banks, governments, and major corporations.
Some of the major players in the hardware security module (hsm) for modern systems market are Gemalto, IBM, Ultra Electronics Group, Utimaco, Futurex, Thales e-Security, Hewlett Packard Enterprise Development, Yubico, Entrust Datacard, ATOS SE, Cavium (Marvell), Synopsys, Exceet Secure Solution.
The hardware security module (hsm) for modern systems market is expected to register a CAGR of 10.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems Market Size & Forecast, 2018-2028
4.5.1 Hardware Security Module (HSM) For Modern Systems Market Size and Y-o-Y Growth
4.5.2 Hardware Security Module (HSM) For Modern Systems Market Absolute $ Opportunity
Chapter 5 Global Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Type
5.2.1 LAN Based
5.2.2 PCle Based
5.2.3 USB Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Government
6.2.3 Technology and Communication
6.2.4 Industrial and Manufacturing
6.2.5 Energy and Utility
6.2.6 Retail and Consumer Products
6.2.7 Healthcare & Life sciences
6.2.8 Others (Automotive
6.2.9 Transportation and Hospitality)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems Analysis and Forecast
9.1 Introduction
9.2 North America Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Type
9.6.1 LAN Based
9.6.2 PCle Based
9.6.3 USB 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Government
9.10.3 Technology and Communication
9.10.4 Industrial and Manufacturing
9.10.5 Energy and Utility
9.10.6 Retail and Consumer Products
9.10.7 Healthcare & Life sciences
9.10.8 Others (Automotive
9.10.9 Transportation and Hospitality)
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 Hardware Security Module (HSM) For Modern Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Type
10.6.1 LAN Based
10.6.2 PCle Based
10.6.3 USB 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Government
10.10.3 Technology and Communication
10.10.4 Industrial and Manufacturing
10.10.5 Energy and Utility
10.10.6 Retail and Consumer Products
10.10.7 Healthcare & Life sciences
10.10.8 Others (Automotive
10.10.9 Transportation and Hospitality)
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 Hardware Security Module (HSM) For Modern Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Type
11.6.1 LAN Based
11.6.2 PCle Based
11.6.3 USB 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Government
11.10.3 Technology and Communication
11.10.4 Industrial and Manufacturing
11.10.5 Energy and Utility
11.10.6 Retail and Consumer Products
11.10.7 Healthcare & Life sciences
11.10.8 Others (Automotive
11.10.9 Transportation and Hospitality)
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 Hardware Security Module (HSM) For Modern Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Hardware Security Module (HSM) For Modern Systems 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Type
12.6.1 LAN Based
12.6.2 PCle Based
12.6.3 USB 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 Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Government
12.10.3 Technology and Communication
12.10.4 Industrial and Manufacturing
12.10.5 Energy and Utility
12.10.6 Retail and Consumer Products
12.10.7 Healthcare & Life sciences
12.10.8 Others (Automotive
12.10.9 Transportation and Hospitality)
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) Hardware Security Module (HSM) For Modern Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hardware Security Module (HSM) For Modern Systems 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) Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Type
13.6.1 LAN Based
13.6.2 PCle Based
13.6.3 USB 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) Hardware Security Module (HSM) For Modern Systems Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Government
13.10.3 Technology and Communication
13.10.4 Industrial and Manufacturing
13.10.5 Energy and Utility
13.10.6 Retail and Consumer Products
13.10.7 Healthcare & Life sciences
13.10.8 Others (Automotive
13.10.9 Transportation and Hospitality)
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 Hardware Security Module (HSM) For Modern Systems Market: Competitive Dashboard
14.2 Global Hardware Security Module (HSM) For Modern Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gemalto
14.3.2 IBM
14.3.3 Ultra Electronics Group
14.3.4 Utimaco
14.3.5 Futurex
14.3.6 Thales e-Security
14.3.7 Hewlett Packard Enterprise Development
14.3.8 Yubico
14.3.9 Entrust Datacard
14.3.10 ATOS SE
14.3.11 Cavium (Marvell)
14.3.12 Synopsys
14.3.13 Exceet Secure Solution
