Global Hardware Encryption Market

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Global Hardware Encryption Market Market
Reports

• Global Hardware Encryption Market was valued at
  USD 231.1 million in 2021 and is expected to
  reach USD 460.48 million by 2029, registering a
  CAGR of 9.00 during the forecast period of
  2022-2029. Consumer Electronics accounts for the
  largest application segment in the respective
  market owing to the rise in consumer electronics
  applications. In addition to the market insights
  such as market value, growth rate, market
  segments, geographical coverage, market players,
  and market scenario, the market report curated by
  the Data Bridge Market Research team also
  includes in-depth expert analysis, import/export
  analysis, pricing analysis, production
  consumption analysis, and pestle analysis.

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ket
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COVID-19 Impact on Hardware Encryption Market

• COVID-19 had a positive impact on the hardware
  encryption market due to the rise in number of
  industry verticals adopting security tools during
  the outbreak of COVID-19. Numerous industries,
  especially consumer electronics, along with
  telecommunications and IT was deploying endpoint
  security to secure consumer data. The hardware
  encryption market is expected to witness high
  growth in the post-pandemic scenario owing to the
  rise in awareness regarding the potential
  benefits of hardware encryption and increase in
  cyber threats.
• Recent Developments
• Samsung unveiled a Common Criteria Evaluation
  Assurance Level (CC EAL) 5 that is certified
  Secure Element (SE) turnkey solution for mobile
  devices. The new solution is known to provide a
  strong security solution consist of a security
  chip (S3K250AF).
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  global-hardware-encryption-market

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Global Hardware Encryption Market Scope and
Market Size

• The hardware encryption market is segmented on
  the basis of type, product type, application and
  end use. The growth amongst these segments will
  help you analyze meager growth segments in the
  industries and provide the users with a valuable
  market overview and market insights to help them
  make strategic decisions for identifying core
  market applications.
• Type
• Application-specific Integrated Circuit (ASIC)
  and Field-programmable Gate Array (FPGA))
• Algorithm and Standard (Rivest, Shamir, and
  Adelman (RSA)
• Advanced Encryption Standard (AES)
• Others

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hardware-encryption-market
4
Hardware Encryption Market Regional
Analysis/Insights

• The hardware encryption market is analysed and
  market size insights and trends are provided by
  country, type, product type, application and end
  use as referred above.
• The countries covered in the hardware encryption
  market report are U.S., Canada and Mexico in
  North America, Germany, France, U.K.,
  Netherlands, Switzerland, Belgium, Russia, Italy,
  Spain, Turkey, Rest of Europe in Europe, China,
  Japan, India, South Korea, Singapore, Malaysia,
  Australia, Thailand, Indonesia, Philippines, Rest
  of Asia-Pacific (APAC) in the Asia-Pacific
  (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South
  Africa, Rest of Middle East and Africa (MEA) as a
  part of Middle East and Africa (MEA), Brazil,
  Argentina and Rest of South America as part of
  South America.
• North America dominates the hardware encryption
  market because of the high need for data security
  is massive in several sectors within the region

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hardware-encryption-market
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Charts Graphs
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