Hardware Encryption Market

1. Key Revenue Pockets - Hardware Encryption Market The hardware encryption market is expected to be valued at USD 262 million in 2020 and reach USD 313 million by 2025, growing at a CAGR of 3.6%. The market is driven by the increasing adoption of internet users for digital content and growing concerns over. The hardware encryption market for ASIC architecture is expected to share the largest market share during the forecast period. The flexibility and agility provided by this type of architecture make it apt for products such as hard disk drives (HDDs) and universal serial bus (USB) flash drives. The transportation application is expected to record the highest CAGR in the hardware encryption market in the forecast period, motivated by the mounting acceptance of hardware encryption products in the transportation industry globally. Countries across the world are offering numerous untapped scope in the areas of electric vehicles, management information system, parking availability systems, traffic enforcement cameras, and collision avoidance systems. The inline network encryptor (INE) product segment held the largest share of the hardware encryption market. Inline network encryptors are devices that are coupled between a hard drive and the associated processor so that all the information that is warehoused on the drive is encrypted. INE provides companies with file-based storage with its own file systems based on a TCP/IP connection network. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1115 APAC region is projected to considerable growth in CAGR in the hardware encryption market during the forecast period. Some of the factors for the fastest growth in APAC is the advanced manufacturing capabilities in countries such as China, Japan, and India, investments in research and development and a huge pool of customer base to cater electronics products and transportation infrastructure in the region. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model –GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:

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