Absolute Markets Insights has added a new addition of a thorough research study to its extensive repository titled General Purpose HSMs Market. Report Data is investigated using effective methodologies such as primary and secondary research methods. The report exclusively provides the scale of global General Purpose HSMs market for the forecast period 2021-2030.In addition, the market study bases its findings on trends, tools, technological platforms, and methodologies in order to gain penetrative insights into the businesses.
Different top key players such as Atos SE, Beijing Sansec Technology Development Co., Ltd, Blue Star Limited., Futurex, nCipher Security, LLC. Realsec, SPYRUS, SWIFT, Thales Group, Utimaco Inc., Yubico give the comparative analysis of demand supply chain. In addition to this, it highlights the historical developments, recent trends, and predictions about the future growth of the General Purpose HSMs market.
Global General Purpose HSMs Market was valued at US$ 547.0 million in 2020 and is expected to reach US$ 1783.0 million by 2030, growing at a CAGR of 14.2% over the forecast period.
For more information about this report visit: https://www.industryglobalnews24.com/global-general-purpose-hsms-market-by-current-industry-status-growth-opportunities-top-key-players-and-forecast-till-2028
In the component segment, hardware has the largest market share over the forecast period; organizations are adopting general purpose hardware security module systems in order to have maximum data security while performing various functions. Adoption of general-purpose hardware security module is highest amongst large enterprises thus large enterprises segment is expected to grow at the highest rate over the forecast period. There is an increasing adoption of these systems form SME’s, as the general purpose HSMs are completely tamperproof, the adoption of these systems is increasing at a high rate. In the application segment, Public Key Infrastructure (PKI) Applications has largest market share in 2019 and is expected to continue the similar trend over the forecast period. PKIs have many applications in the internet banking, e-commerce and confidential email.
There is an increasing adoption of general purpose HSMs in many industries, in healthcare, HSMs are used for telematics infrastructure. The same is expected to grow at a significant pace over the next eight years. The systems help in the protection of data and only enable the authorized users to access patient data.North America held the largest share in 2019 and is expected to hold the similar trend over the forecast period. On the other hand, Asia Pacific region is expected to grow at the highest rate in future years.
Global General Purpose HSMs Market: Report Scope
By Component
- Hardware
- Network HSM
- USB HSM
- PCI HSM
- Services
By Organization Size
- Small and Medium Enterprises
- Large Enterprises
By Application
- Public Key Infrastructure (PKI) Applications
- Document & Code Signing
- Database Encryption & Security
- Application-Level Encryption
- Others
By Industry Vertical
- Banking, Financial Services and Insurance
- Healthcare
- Manufacturing
- Government
- Education
- Retail
- Defence
- Media and Entertainment
- Information Technology and Telecommunications
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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