Hardware Security Modules Market Comprehensive Research Study, Historical Analysis and Growth Rate 2022

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Market Research Future
Global Hardware Security Modules Market Research
Report- Forecast 2022
A hardware security module can be defined as a
dedicated crypto processor that is specifically
designed for the protection of the crypto key
lifecycle. It is basically a device that
safeguards and manages strong authentication and
crypto processing. It also act as anchors that
protect the cryptographic infrastructure of some
of the most security-conscious organizations by
securely managing, processing, and storing
cryptographic keys inside a hardened,
tamper-resistant device. Many firms buy this
hardware security module to protect transactions,
identities and applications because it helps in
securing crypto graphic keys, authentication and
digital signing services for a wide range of
application. The key drivers contributing to the
growth of the hardware security modules market
are increase in data breaches cyber-attacks,
mandates for hardware security modules
manufacturers to comply with the internal
external privacy data security regulations, and
effective management of cryptographic keys. The
global hardware security module market is
expected to reach USD 1115 million by the end of
2022 with 13 CAGR during forecast period
2016-2022 https//www.marketresearchfuture.com/rep
orts/hardware-security-modules-market-2410
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Regional Analysis Regionally, Latin America
accounted for the largest market share because of
owing to the formulation of new regulatory
compliances, the adoption of modern technologies
such as cloud and IoT and also creating a huge
opportunity for data and information
security. Asia-Pacific region is expected to
grow over the forecast period, 2016-2022
especially in countries such as China and India
countries because they are investing huge amount
of money for security. Access Full Report _at_
https//www.marketresearchfuture.com/reports/hardw
are-security-modules-market-2410
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• Market Segments
• On the basis of application, the market can be
  segmented as payment processing, code and
  document signing, secure sockets layer (ssl) and
  transport layer security (tls), authentication,
  database encryption, pki or credential
  management, application-level encryption.
• On the basis of end-users the market can be
  segmented into banking and financial services,
  government, technology and communications,
  industrial and manufacturing industry, energy and
  utilities, retail and consumer products,
  healthcare and life science, entertainment
  media, education and transportation. Further, the
  market has been segmented into four regions which
  include- North America, Europe, Asia-Pacific and
  RoW.
• On the basis of application, the market can be
  segmented into payment processing, code and
  document signing, secure sockets layer (ssl) and
  transport layer security (tls), authentication,
  database encryption, pki or credential
  management, application-level encryption. Out of
  these, authentication accounted for the largest
  market share because the usage of hardware
  security module for the authentication
  application can reduce fraud and protect users
  from internet attacks while shopping online.
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Major Players in this Research The key players
of global hardware security module market report
include Gemalto NV (Amsterdam), Thales
e-Security, Inc. (U.S.), Utimaco GmbH (Germany),
International Business Machines Corporation
(U.S.), FutureX (U.S.), Hewlett-Packard
Enterprise Development LP (U.S.) SWIFT (Belgium),
Atos SE (France), Ultra-Electronics (U.K.),
Yubico (U.S.) and others. Know More about
this Report _at_ https//www.marketresearchfuture.com
/press-release/hardware-security-module-industry
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