Lucintel Forecasts the Global Hardware Security Module Market is expected to grow with a CAGR of 16.3% from 2025 to 2031
Lucintel Forecasts the Global Hardware Security Module Market is expected to grow with a CAGR of 16.3% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global hardware security
module market looks promising with opportunities in the payment processing,
authentication, public key infrastructure management, database encryption, and IoT
security markets. The global hardware security module market is expected to grow with
a CAGR of 16.3% from 2025 to 2031. The major drivers for this market are the
increasing prevalence of cyber threats, the rising trend of digital transformation, and the
growing need for compliance regulations.
A more than 150-page report to understand trends, opportunity and forecast in
hardware security module market to 2031 by type (LAN based, PCIE based, USB
based, and cloud-based), application (payment processing, authentication, public key
infrastructure management, database encryption, IoT security, and others), end use
(BFSI, government, healthcare & life sciences, retail & consumer products, technology
& communication, industrial & manufacturing, automotive, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, USB based is expected to witness the
highest growth over the forecast period.
Within the application category, payment processing is expected to witness the highest
growth.
Download sample by clicking on hardware security module market
In terms of region, APAC is expected to witness the highest growth over the forecast
period.
Alfresco Software, Box, DocuWare Corporation, Hyland Software, International
Business Machines Corporation, Laserfiche, M-Files Corporation, Microsoft, OpenText
Corporation, Oracle are the major suppliers in the hardware security module market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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