Global Hardware Encryption Market 2015-2019

Published: Mar 2015 Pages: 97 SKU: IRTNTR5426

About Hardware Encryption
Hardware-based techniques of protecting confidential data involve two processes: encryption and decryption. Encryption involves encoding of data into a form that is accessible to authorized users. Encoding requires an encrypting algorithm, which generates cipher text that can be read only after decryption.  Decoding of confidential data requires an authorized user to type in a password or a key. In hardware-based encryption, individual processors execute the encryption and decryption processes. Encryption and decryption play a pivotal role in preventing unauthorized access to sensitive data. Encryption can help protect confidential data during storage and transmission.

TechNavio's analysts forecast the Global Hardware Encryption market to grow at a CAGR of 50.62 percent over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the Global Hardware Encryption market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of the following components:

• Hardware encrypted HDDS
• Hardware encrypted USB drives
• In-line encryptors

The Global Hardware Encryption market is segmented as follows based on end-user:

• Consumer Electronics, Communication and Network Security, MDA, Healthcare, and Enterprises
TechNavio's report, Global Hardware Encryption Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and lists growth prospects. The report includes a discussion of key vendors operating in the market.

Key Regions
• Americas
• APAC
• EMEA

Key Vendors
• Micron Technology
• Samsung Electronics
• Seagate Technology
• Toshiba
• Western Digital Technologies

Other Prominent Vendors
 • Imation
• Kanguru Solutions
• Kingston Technology
• Koolspan
• Maxim Integrated Products
• MerlinCryption
• Netapp
• SanDisk
• Secude
• Winmagic

Market Driver
• Increased Regulatory Compliance Requirements
• For a full, detailed list, view our report

Market Challenge
• High Installation and Maintenance Costs
• For a full, detailed list, view our report

Market Trend
• Increased Adoption of Cloud-based Encryption Techniques
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Description
06.1 Working of Hardware Encryption
06.2 Encryption and Decryption Algorithms
06.3 Advantages and Disadvantages of Hardware Encryption
06.3.1 Advantages of Hardware Encryption
06.3.2 Disadvantages of Hardware Encryption
07. Market Scenario
07.1 Pricing
07.2 Comparison between Hardware-based Encryption and Software-based Encryption
07.3 Data Breach Statistics
08. Market Landscape
08.1 Market Overview
08.1.1 Market Structure
08.1.2 Market Size and Forecast
08.1.3 Shipment Forecast
08.1.4 ASP Forecast
08.2 Five Forces Analysis
09. Product Life Cycle Analysis
10. Market Segmentation by Product
10.1 Global Hardware Encryption Market by Product 2014
10.2 Global Hardware Encryption Market by Product 2014-2019
10.3 Global Hardware Encryption Market by Hardware Encrypted HDDs
10.3.1 Market Size and Forecast
10.4 Global Hardware Encryption Market by Hardware Encrypted USB Drives
10.4.1 Market Size and Forecast
10.5 Global Hardware Encryption Market by In-line Encryptors
10.5.1 Market Size and Forecast
11. Geographical Segmentation
11.1 Global Hardware Encryption Market by Geographical Segmentation 2014
11.2 Global Hardware Encryption Market by Geographical Segmentation 2014-2019
11.2.1 Global Hardware Encryption Market by Geographical Segmentation 2014-2019 (revenue)
11.2.2 Hardware Encryption Market in Americas
11.2.3 Hardware Encryption Market in EMEA Region
11.2.4 Hardware Encryption Market in APAC Region
12. Market Attractiveness
12.1 Market Attractiveness by Product
12.2 Market Attractiveness by Geography
13. Buying Criteria
14. Market Growth Drivers
15. Drivers and their Impact
16. Market Challenges
17. Impact of Drivers and Challenges
18. Market Trends
19. Trends and their Impact
20. Vendor Landscape
20.1 Competitive Scenario
20.2 Vendor Analysis 2014
20.2.1 Comparison of the Vendors based on the Products
20.2.2 Key Developments
20.2.3 Mergers and Acquisitions
20.3 Other Prominent Vendors
21. Key Vendor Analysis
21.1 Micron Technology
21.1.1 Key Facts
21.1.2 Business Overview
21.1.3 Business Segmentation by Revenue 2013
21.1.4 Business Segmentation by Revenue 2012 and 2013
21.1.5 Geographical Segmentation by Revenue 2013
21.1.6 Business Strategy
21.1.7 Recent Developments
21.1.8 SWOT Analysis
21.2 Samsung
21.2.1 Key Facts
21.2.2 Business Overview
21.2.3 Business Segmentation by Revenue 2013
21.2.4 Business Segmentation by Revenue 2012 and 2013
21.2.5 Geographical Segmentation by Revenue 2013
21.2.6 Business Strategy
21.2.7 Recent Developments
21.2.8 SWOT Analysis
21.3 Seagate
21.3.1 Key Facts
21.3.2 Business Overview
21.3.3 Revenue Segmentation by Channel 2014
21.3.4 Geographical Segmentation by Revenue 2014
21.3.5 Business Strategy
21.3.6 Recent Developments
21.3.7 SWOT Analysis
21.4 Toshiba
21.4.1 Key Facts
21.4.2 Business Overview
21.4.3 Business Segmentation by Revenue 2013
21.4.4 Business Segmentation by Revenue 2012 and 2013
21.4.5 Geographical Segmentation by Revenue 2013
21.4.6 Recent Developments
21.4.7 SWOT Analysis
21.5 WD
21.5.1 Key Facts
21.5.2 Business Overview
21.5.3 Channel Segmentation by Revenue 2014
21.5.4 Channel Segmentation by Revenue 2013 and 2014
21.5.5 Geographical Segmentation by Revenue 2014
21.5.6 Business Strategy
21.5.7 Recent Developments
21.5.8 SWOT Analysis
22. Key Insights
22.1 Sector-wise Adoption of Hardware Encryption
22.2 Region-wise Adoption of Hardware Encryption
22.3 Penetration of Hardware Encrypted HDDs
22.4 Penetration of Hardware Encrypted USB Drives
23. Assumptions
24. Other Reports in this Series

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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