Hardware Security Modules Market to grow by USD 982.86 million between 2021 - 2026 | Growth Driven by Rising use of Internet banking and digital payments - Technavio
NEW YORK, Sept. 17, 2023 /PRNewswire/ -- The Hardware Security Modules Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the hardware security modules market between 2021 and 2026 is USD 982.86 million. The rising use of Internet banking and digital payments drives the hardware security modules market. Consumers use smartphones to make online transactions at any time. Digital wallets are becoming the most popular mode of payment due to various features. The features include easy registration and login, robust merchant and consumer payment processing capability, and a user-friendly dashboard. Factors such as the growing need for faster checkouts at retail outlets, the high adoption of EMV cards, effective information management among retailers, and the increased focus on secure payments contribute to the growth of the global hardware security market. Hence, such factors drive the growth of the hardware security modules market during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
The hardware security modules market has been segmented by Deployment (on-premise and cloud) and Geography (North America, APAC, Europe, MEA, and South America).
Key Companies in the Hardware Security Modules Market:
Atos SE, Futurex, Hewlett Packard Enterprise Co., International Business Machines Corp., Infineon Technologies AG, Microchip Technology Inc., STMicroelectronics NV., Thales Group, Utimaco IS GmbH, Yubico AB
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Historic Market Sizes
Five Forces Analysis
Market Segmentation by Deployment
Market Segmentation by Geography
Drivers, Challenges, & Trends
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