The global hardware encrypted flash drives market is expected to grow at a CAGR of 7.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for data security and privacy in various industries such as government/military, finance, and enterprises. The need for data security has increased due to the growing number of cyber-attacks that have been reported in recent years. This has led organizations to invest more in data protection solutions such as hardware encrypted flash drives which are considered more secure than other storage devices such as hard disks or USBs.
The global hardware encrypted flash drives market is segmented on the basis of type (4GB, 8GB, 16GB, 32GB, 64GB), by application (government/military; finance; enterprises), and by region (North America; Latin America; Europe; Asia Pacific & Middle East & Africa). North America is expected to dominate this market with a share of over 40% during the forecast period owing to its high adoption rate among government agencies and military organizations which require high levels of data security.
Some Of The Growth Factors Of This Market:
- The increasing number of data breaches and cyber-attacks is driving the demand for hardware encrypted flash drives.
- The need to protect sensitive data from unauthorized access is also driving the demand for hardware encrypted flash drives.
- The increasing use of cloud storage services is also driving the demand for hardware encrypted flash drives as they provide a more secure alternative to storing data on a device that can be lost or stolen, such as laptops or smartphones.
- Increasing awareness about security risks and threats among consumers has led to an increase in spending on security products, including hardware encrypted flash drives, which are seen as an effective way to protect sensitive information from unauthorized access by hackers and other cybercriminals.
- Increasing adoption of BYOD (Bring Your Own Device) policies in organizations has led to an increase in spending on security products such as hardware encrypted flash drives.
Industry Growth Insights published a new data on “Hardware Encrypted Flash Drives Market”. The research report is titled “Hardware Encrypted Flash Drives Market research by Types (4GB, 8GB, 16GB, 32GB, 64GB, Others), By Applications (Government/Military, Finance, Enterprises, Others), By Players/Companies Kingston, Kanguru, Datalocker, Apricorn, Integral Memory, EDGE Memory, iStorage, Axiom, Verbatim”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hardware Encrypted Flash Drives Market Research Report
By Type
4GB, 8GB, 16GB, 32GB, 64GB, Others
By Application
Government/Military, Finance, Enterprises, Others
By Companies
Kingston, Kanguru, Datalocker, Apricorn, Integral Memory, EDGE Memory, iStorage, Axiom, Verbatim
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Hardware Encrypted Flash Drives Market Report Segments:
The global Hardware Encrypted Flash Drives market is segmented on the basis of:
Types
4GB, 8GB, 16GB, 32GB, 64GB, Others
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
Government/Military, Finance, Enterprises, 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:
- Kingston
- Kanguru
- Datalocker
- Apricorn
- Integral Memory
- EDGE Memory
- iStorage
- Axiom
- Verbatim
Highlights of The Hardware Encrypted Flash Drives 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:
- 4GB
- 8GB
- 16GB
- 32GB
- 64GB
- Others
- By Application:
- Government/Military
- Finance
- Enterprises
- 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 Hardware Encrypted Flash Drives 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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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?
Hardware encrypted flash drives are a type of flash drive that uses hardware encryption to protect the data on the drive. The encryption is done using a key that is stored on the drive itself. This means that even if someone were to get access to the drive, they would not be able to decrypt the data without also having access to the key.
Some of the major players in the hardware encrypted flash drives market are Kingston, Kanguru, Datalocker, Apricorn, Integral Memory, EDGE Memory, iStorage, Axiom, Verbatim.
The hardware encrypted flash drives market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hardware Encrypted Flash Drives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hardware Encrypted Flash Drives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hardware Encrypted Flash Drives Market - Supply Chain
4.5. Global Hardware Encrypted Flash Drives Market Forecast
4.5.1. Hardware Encrypted Flash Drives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hardware Encrypted Flash Drives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hardware Encrypted Flash Drives Market Absolute $ Opportunity
5. Global Hardware Encrypted Flash Drives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hardware Encrypted Flash Drives Market Size and Volume Forecast by Type
5.3.1. 4GB
5.3.2. 8GB
5.3.3. 16GB
5.3.4. 32GB
5.3.5. 64GB
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hardware Encrypted Flash Drives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hardware Encrypted Flash Drives Market Size and Volume Forecast by Application
6.3.1. Government/Military
6.3.2. Finance
6.3.3. Enterprises
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hardware Encrypted Flash Drives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hardware Encrypted Flash Drives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hardware Encrypted Flash Drives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hardware Encrypted Flash Drives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hardware Encrypted Flash Drives Demand Share Forecast, 2019-2026
9. North America Hardware Encrypted Flash Drives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hardware Encrypted Flash Drives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hardware Encrypted Flash Drives Market Size and Volume Forecast by Application
9.4.1. Government/Military
9.4.2. Finance
9.4.3. Enterprises
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hardware Encrypted Flash Drives Market Size and Volume Forecast by Type
9.7.1. 4GB
9.7.2. 8GB
9.7.3. 16GB
9.7.4. 32GB
9.7.5. 64GB
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hardware Encrypted Flash Drives Demand Share Forecast, 2019-2026
10. Latin America Hardware Encrypted Flash Drives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hardware Encrypted Flash Drives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hardware Encrypted Flash Drives Market Size and Volume Forecast by Application
10.4.1. Government/Military
10.4.2. Finance
10.4.3. Enterprises
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hardware Encrypted Flash Drives Market Size and Volume Forecast by Type
10.7.1. 4GB
10.7.2. 8GB
10.7.3. 16GB
10.7.4. 32GB
10.7.5. 64GB
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hardware Encrypted Flash Drives Demand Share Forecast, 2019-2026
11. Europe Hardware Encrypted Flash Drives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hardware Encrypted Flash Drives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hardware Encrypted Flash Drives Market Size and Volume Forecast by Application
11.4.1. Government/Military
11.4.2. Finance
11.4.3. Enterprises
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hardware Encrypted Flash Drives Market Size and Volume Forecast by Type
11.7.1. 4GB
11.7.2. 8GB
11.7.3. 16GB
11.7.4. 32GB
11.7.5. 64GB
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hardware Encrypted Flash Drives Demand Share, 2019-2026
12. Asia Pacific Hardware Encrypted Flash Drives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hardware Encrypted Flash Drives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hardware Encrypted Flash Drives Market Size and Volume Forecast by Application
12.4.1. Government/Military
12.4.2. Finance
12.4.3. Enterprises
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hardware Encrypted Flash Drives Market Size and Volume Forecast by Type
12.7.1. 4GB
12.7.2. 8GB
12.7.3. 16GB
12.7.4. 32GB
12.7.5. 64GB
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hardware Encrypted Flash Drives Demand Share, 2019-2026
13. Middle East & Africa Hardware Encrypted Flash Drives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hardware Encrypted Flash Drives Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hardware Encrypted Flash Drives Market Size and Volume Forecast by Application
13.4.1. Government/Military
13.4.2. Finance
13.4.3. Enterprises
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hardware Encrypted Flash Drives Market Size and Volume Forecast by Type
13.7.1. 4GB
13.7.2. 8GB
13.7.3. 16GB
13.7.4. 32GB
13.7.5. 64GB
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hardware Encrypted Flash Drives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hardware Encrypted Flash Drives Market: Market Share Analysis
14.2. Hardware Encrypted Flash Drives Distributors and Customers
14.3. Hardware Encrypted Flash Drives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kingston
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kanguru
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Datalocker
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apricorn
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Integral Memory
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. EDGE Memory
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. iStorage
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Axiom
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Verbatim
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
