TMCnet News
Hardware Security Modules Market by Type, Application, Industry, and Geography - Global Forecast to 2022LONDON, April 4, 2017 /PRNewswire/ -- "The hardware security modules market is likely to grow at a CAGR of 12.87% during the forecast period" "Europe would dominate the HSM market, while Latin America is expected to grow at the highest rate during the forecast period" Europe held the largest share of the hardware security modules market in 2016 owing to the presence of major vendors of hardware security modules and high regulatory compliance in the region. The market in Latin America is expected to grow at the highest CAGR between 2017 and 2022. The growth of the hardware security modules market in Latin America is driven by the growing adoption of modern technologies such as cloud computing and IoT as well as the government initiatives for protecting the sensitive data by formulating data security standards. Given below is the breakdown of the profile of the primary participants in terms of different parameters considered: - By Company Type: Tier 1 - 25%, Tier 2 - 40%, and Tier 3 - 35% - By Designation: C-Level Executives - 50%, Directors - 32%, and Others - 18% - By Region: North Americas - 32%, Europe - 30%, APAC - 24%, and MEA & LA - 14%. The key players operating in this market 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.), and Yubico (U.S.). Research Coverage In this report, various segments such as type, application, industry, and geography have been covered. It also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. The report gives a detailed view of the market across five main regions: North America, Europe, APAC, Middle East and Africa, and Latin America. The Porter's five forces analysis has been included in the report, along with the description of each of its forces and their impact on the said market. Reasons to Buy the Report: - This report includes the hardware security modules market sizing in terms of value on the basis of type, application, industry, and geography and shipment/volume (in USD thousand) on the basis of type. - The Porter's five forces analysis, value chain analysis, and key strategies adopted by the market players have been provided for the hardware security modules market. - The major drivers, restraints, opportunities and, challenges for the hardware security modules market have been provided in detail in this report. - The report includes illustrative segmentation, analysis, and forecast for the hardware security modules market based on its segments and subsegments. Download the full report: https://www.reportbuyer.com/product/4805940/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hardware-security-modules-market-by-type-application-industry-and-geography---global-forecast-to-2022-300434194.html SOURCE ReportBuyer |