HOME Top Market Reports Hardware Encryption Market - By Algorithms (AES, RSA), Architectures (FPGA, ASIC), Products (Hard Disk Drives, USB Drives and In-Line Encryptors), Applications, Verticals and Geography - Analysis & Forecast (2013 – 2018)

Hardware Encryption Market - By Algorithms (AES, RSA), Architectures (FPGA, ASIC), Products (Hard Disk Drives, USB Drives and In-Line Encryptors), Applications, Verticals and Geography - Analysis & Forecast (2013 – 2018)

By: marketsandmarkets.com
Publishing Date: July 2013
Report Code: SE 1876

Discount on Reports  

  Speak to Analyst Enquiry Before Buying
Analyst Briefing  
purchase report
download pdf  request for customisation


In this digital age, the need for securing data has become one of the most important measures for ensuring confidentiality. This security can be achieved through the encryption of data. Over the years, two modes of encryption have evolved for securing digital data namely: software-based encryption and hardware-based encryption.

Over the last five years, as hardware encrypted products started gaining a little traction, the average cost price of a single hardware encrypted product started decreasing. Technological innovations have also helped to reduce this average cost. For example, in the last 2 years (2011-2012), the cost of enabling hardware encryption capability to a hard disk drive has fallen to around $15-$25 from a value of $100 in 2009. This trend is expected to continue in the future, and as the cost differences between hardware encrypted and non-hardware encrypted devices become negligible, hardware encryption are expected to become a default standard in HDDs, USB drives, and so on. Even without considering the actual usage of encryption features, when the cost difference becomes small, the use of non-hardware encrypted devices will be gradually phased out.

In the last decade, the average cost of a data breach for companies and other organizations has, almost, continuously increased. This has led to the gradual rise of hardware encryption as a solution to counter these data breaches. Since hardware encryption is highly secured, the data loss is prevented even if a device is stolen. Government mandates and regulations, which support the use of hardware encrypted products by companies and enterprises, have come up in many countries around the world. This has pushed the market for hardware encrypted products, forward. It is expected that by 2018, a high percentage of all storage devices will be hardware encrypted, since the cost of enabling hardware encryption capability in a traditional storage device is coming down.

Reducing cost differences between hardware encrypted and non-hardware encrypted products is certainly expected to drive the market growth. Apart from the existing government regulations, data privacy for companies and enterprises has become a critical issue due to the increasing number of data breaches caused by laptop/mobile device thefts and cybercrime. These trends will drive the market for hardware encrypted drives. The lack of awareness about the difference between hardware encryption and software encryption has been a major restraint for the market. As and when the hardware encrypted drive volumes increase, there can be a trend where the encryption chipset will be bundled with the SoC (System on Chip); thus, opening up many opportunities. High level global standardization and certification are still lacking in the industry, posing as a barrier to more wide-spread deployment of hardware encrypted devices.

Consumer electronics and Military, Defense & Aerospace (MDA) are the major applications for hardware encrypted products. But since the storage devices are inevitably used in almost all the application sectors, the Total Addressable Market (TAM) for hardware encrypted devices is very huge.

This report is focused on giving a bird’s eye-view of the complete hardware encryption industry with regards to the products market with detailed market segmentations; combined with qualitative analysis of each and every aspect of the classifications done by semiconductors, products, applications, sub-applications, verticals, and geography. All the numbers, both - revenue & volume, at every level of detail, are forecasted till 2018 to give a glimpse of the potential revenue base in this market.

In this report, the global hardware encryption market is fully segmented into the following categories; and the industry trends also cover the following aspects:

  • Total markets: global market – product market, child/sub-markets, related markets, Total Addressable Market (TAM) and market penetration of hardware encryption.
  • Child/sub markets: semiconductors market in hardware encryption.
  • Related markets: software encryption market.
  • Market by vertical: global hardware encryption verticals market (industrial, residential, commercial government and institutional).
  • Market by product: hardware encrypted Hard Disk Drives (HDDs), in-line encryptors, and hardware encrypted USB flash drives & memory sticks.
  • Market by application sector: hardware encryption markets in consumer electronics sector, communication networking security, and automotive and transportation sector, Military Defense & Aerospace (MDA) sector, healthcare sector, enterprise sector, and emerging and other applications sectors.
  • Market in consumer electronics sector: Hardware encryption market in enterprise applications, notebook and laptop applications, desktop applications, and other consumer electronic device applications.
  • Market in military, defense & aerospace sector: Hardware encryption market in military data encryption applications, and satellite communication applications.
  • Market by geography: North America (sub-segmentation by the U.S. & others), Europe (sub-segmentation by U.K., Germany, France, and others), Asia-Pacific (sub-segmentation by China, Japan, South Korea, India, and others), and rest of the world (sub-segmentation by Latin America, the Middle East, and others).
  • Market – competitive landscape: separate market share analysis for hardware encrypted HDD product manufacturers and hardware encrypted USB drive manufacturers.
  • Market – company profiles: detailed analysis of the major companies existing in the hardware encryption value chain.

Table Of Contents 
 
1 Introduction (Page No. - 25)
  1.1 Key Take-Aways
  1.2 Report Description
  1.3 Scope & Markets Covered
  1.4 Stakeholders
  1.5 Research Methodology
      1.5.1 Market Size Estimation
      1.5.2 Market Crackdown & Data Triangulation
      1.5.3 Market Forecast Model
      1.5.4 Key Data Points Taken From Secondary Sources
      1.5.5 Key Data Points Taken From Primary Sources
      1.5.6 List Of Companies Covered During The Study
  1.6 Report Assumptions
      1.6.1 General Assumptions & Glossary

2 Executive Summary (Page No. - 42)

3 Market Overview (Page No. - 47)
  3.1 Introduction 
     3.1.1 Definition – Hardware Encryption& Market
  3.2 Market Statistics 
     3.2.1 Global Hardware-Based Encryption Market 
     3.2.2 Sub-Markets 
            3.2.2.1 The Semiconductor Chipset Market For Hardware Encryption Is Expected To Grow To More Than Three Times From 2013 To 2017 
     3.2.3 Related Markets 
     3.2.4 Total Addressable Market (TAM) & Market Penetration 
            3.2.4.1 Penetration Of Hardware Encryption In Both Hdds And Usb Drives Is Expected To Cross 50% By 2015

4 Industry Characteristics (Page No. - 57)
  4.1 Introduction
  4.2 Value Chain Analysis
  4.3 Pest Analysis
      4.3.1 Political Factors
             4.3.1.1 Legislative Regulations
      4.3.2 Economical Factors
             4.3.2.1 Vendor Lock-In
      4.3.3 Social Factors
             4.3.3.1 Cultural Ethics
      4.3.4 Technological Factors
             4.3.4.1 Hardware Vs. Software Encryption Technologies
  4.4 Pricing And Cost Analysis
      4.4.1 Final Products
  4.5 Market Investment Analysis

5 Market Analysis (Page No. - 70)
  5.1 Introduction
  5.2 Market Dynamics
      5.2.1 Drivers
             5.2.1.1 Reducing Cost Differences Between Hardware Encrypted And Non-Hardware Encrypted Products
             5.2.1.2 Increasing Need For Security Due To Increasing Number Of Government Mandates And Regulations 
                       5.2.1.2.1 Government Regulations And Mandates Are Going To Push The Hardware Encryption Market Forward In The Coming Five Years
             5.2.1.3 Rapid Growth Of The Solid State Drive Market
             5.2.1.4 Need For Efficiency In Inventory Management Of Stock Keeping Units (SKUS)
      5.2.2 Restraints
             5.2.2.1 Lack Of Awareness About The Difference Between Hardware Encryption And Software Encryption
             5.2.2.2 Issues Limiting The Use Of Encrypted Drives In Some Countries
      5.2.3 Opportunities
             5.2.3.1 Integration With System On Chip (SOC)
      5.2.4 Burning Issues
             5.2.4.1 Lack Of Product Certifications
      5.2.5 Winning Imperatives
             5.2.5.1 Delivery Of Complete Solutions
  5.3 Industry Trends
      5.3.1 Supply & Demand Factor Analysis
      5.3.2 Market Stages & Life-Cycle
  5.4 Porters Analysis
      5.4.1 The Forces Which Will Have A Significantly Greater Effect As We Progress From 2013 To 2017 Are The Buyer’s Bargaining Power And Degree Of Competition
      5.4.2 Bargaining Power Of Suppliers
      5.4.3 Bargaining Power Of Buyers
      5.4.4 Threat From New Entrants
      5.4.5 Threat From Substitutes
      5.4.6 Degree Of Competition
      5.4.7 Overall Porter’s Analysis

6 Market In Smartphone And Tablet Applications (Page No. - 101)
  6.1 Smartphones And Tablets
      6.1.1 Introduction 
             6.1.1.1 Protection By Hsm (Hardware Security Module)
             6.1.1.2 Protection By Software
      6.1.2 Market Overview
             6.1.2.1 Shipment Volumes Of Hardware Encryption Chipsets Are Over Five Times That Of Hardware Encryption Products

7 Market By Encryption Algorithms & Architectures (Page No. - 107)
  7.1 Hardware Encryption Market By Algorithm
      7.1.1 Market Overview
             7.1.1.1 AES Is The Most Used Algorithm In Hardware Encryption Products Will Remain So In The Coming Five Years
      7.1.2 Advanced Encryption Standard (AES)
      7.1.3 RSA Algorithm
      7.1.4 Others
  7.2 Hardware Encryption Market By Architectures
      7.2.1 Market Overview
      7.2.2 Field-Programmable Gate Arrays (FPGA)
      7.2.3 Application Specific Integrated Circuits (ASIC)
  7.3 Hardware Encryption Market By Connectivity Environments
      7.3.1 Market Overview
      7.3.2 Network Attached Storage (NAS) Or Ip San (ISCSI)
      7.3.3 Storage Area Network (SAN)

8 Market By Products (Page No. - 118)
  8.1 Introduction
      8.1.1 Market Overview 
             8.1.1.1 In Terms Of Revenue, Hardware Encrypted Hdds Are Expected To Have The Major Share In The Coming Five Years In The Hardware Encrypted Products Market
  8.2 Hard Disk Drives
      8.2.1 Market Overview 
             8.2.1.1 By Type 
             8.2.1.2 By Geography 
                       8.2.1.2.1 North America
                       8.2.1.2.2 Europe
                       8.2.1.2.3 APAC
                                     8.2.1.2.3.1 APAC Is The Biggest Market For Hardware Encrypted Hdds Growing At A Cagr Of Roughly 56% From 2013 To 2018
                       8.2.1.2.4 Row
      8.2.2 External Hard Disk Drives
      8.2.3 Internal Hard Disk Drives
      8.2.4 Hard Disk Drives With Hardware Authentication 
             8.2.4.1 Market Overview 
             8.2.4.2 Biometric Authentication 
             8.2.4.3 Smart Cards
      8.2.5 Solid-Sate Hard Disk Drives 
             8.2.5.1 Market Overview
                       8.2.5.1.1 The Penetration Of Hardware Encryption In Solid State Drives Is Expected To Be In The Early 90s By 2016
                       8.2.5.1.2 By Algorithms
                       8.2.5.1.3 By Applications
  8.3 In-Lineencryptors
      8.3.1 Market Overview
             8.3.1.1 By Geography
                       8.3.1.1.1 North America
                       8.3.1.1.2 Europe
                       8.3.1.1.3 APAC
                       8.3.1.1.4 ROW
  8.4 USB Memory Sticks And Flash Drives 
     8.4.1 Market Overview 
             8.4.1.1 By Type 
             8.4.1.2 By Geography
                       8.4.1.2.1 North America
                       8.4.1.2.2 Europe
                       8.4.1.2.3 APAC 
                       8.4.1.2.4 ROW

9 Market By Application (Page No. - 165)
  9.1 Introduction 
     9.1.1 Market Overview 
            9.1.1.1 The Major Applications For Hardware Encrypted Products Are The Consumer Electronics Sector And The Military, Defense And Aerospace Sector
  9.2 Consumer Electronics Sector 
     9.2.1 Market Overview 
           9.2.1.1 By Sub Applications 
           9.2.1.2 By Products 
     9.2.2 Desktop Applications 
     9.2.3 Notebook And Laptop Applications
  9.3 Communication Networking Security 
     9.3.1 Market Overview 
     9.3.2 Wireless Communication Security 
           9.3.2.1 Remote Management Solution 
           9.3.2.2 Ipsec (Internet Protocol Security)
  9.4 Automotive & Transportation Sector 
     9.4.1 Vehicular Hsm 
     9.4.2 Secure Business Aircraft Communications
  9.5 Military, Defense & Aerospace (MDA) Sector 
     9.5.1 Market Overview 
           9.5.1.1 By Sub-Applications 
           9.5.1.2 By Products 
     9.5.2 Satellite Communication Applications 
     9.5.3 Military Data Encryption Applications
  9.6 Healthcare Sector 
     9.6.1 Market Overview 
     9.6.2 Patient Record Data Applications
  9.7 Emerging & Other Applications Sectors 
     9.7.1 Market Overview

10 Market By Verticals (Page No. - 193)
   10.1 Introduction 
        10.1.1 Market Overview
   10.2 Industrial
        10.2.1 Market Overview
   10.3 Commercial
        10.3.1 Market Overview
   10.4 Residential
        10.4.1 Market Overview
   10.5 Government Institutions
        10.5.1 Market Overview
                10.5.1.1 In Terms Of Revenue, In-Line Encryptors Are Expected To Have The Major Share In The Coming Five Years In The Government Instructional Vertical.

11 Market By Geography (Page No. - 205)
   11.1 Introduction
   11.2 North America
        11.2.1 Market Overview
        11.2.2 U.S.
        11.2.3 Others
   11.3 Europe
        11.3.1 Market Overview
               11.3.1.1 Europe Is The Fastest Growing Market For Hardware Encryption Products With A Cagr Of 64% From 2013 To 2018
        11.3.2 U.K.
        11.3.3 Germany
        11.3.4 France
        11.3.5 Others
   11.4 APAC
        11.4.1 Market Overview
        11.4.2 China
        11.4.3 Japan
        11.4.4 South Korea
        11.4.5 India
        11.4.6 Others
   11.5 Rest Of The World
        11.5.1 Market Overview
        11.5.2 Latin America
        11.5.3 Middle East
        11.5.4 Others

12 Competitive Landscape (Page No. - 227)
   12.1 Market Share Ranking
        12.1.1 Hardware Encrypted Hdd Players
        12.1.2 Hardware Encrypted Usb Flash Drives
        12.1.3 Key Companies Focus Areas
   12.2 New Product Launches/Developments
   12.3 Mergers & Acquisitions/ Joint Ventures
   12.4 Partnerships/Agreements/Strategic Alliance/ Collaborations
   12.5 Contract/Deployment/ Awards/Certifications

13 Company Profiles Overview, Products And Services, Financials, Strategy & Development)*  (Page No. - 245)
   13.1 Certes Networks Inc.
   13.2 GSMK Cryptophone
   13.3 Imation Corp.
   13.4 Kanguru Solutions
   13.5 Kingston Technology Corporation
   13.6 Koolspan Inc.
   13.7 Maxim Integrated Products Inc.
   13.8 Merlincryption Llc
   13.9 Micron Technology Inc.
   13.10 Netapp Inc.
   13.11 Samsung Electronics Co. Ltd.
   13.12 Sandisk Corporation
   13.13 Seagate Technology Plc
   13.14 Secfone AG
   13.15 Secude AG
   13.16 Toshiba Corporation
   13.17 Viasat Inc.
   13.18 Western Digital Corporation
   13.19 Winmagic Inc.
   *Details On Overview, Products And Services, Financials, Strategy & Development Might Not Be Captured In Case Of Unlisted Companies. 


Appendix  (Page No. - 336)
Recommended Readings
 
 
List Of Tables (126 Tables)
 
Table 1 Global Hardware Encryption Market Revenue,By Geography, 2011 - 2018 ($Million) 
Table 2 Global Hardware Encryption Market Volume, By Geography, 2011 - 2018 (Million Units) 
Table 3 Global Hardware Encryption (Products) Market Revenue ($Billion) And Volume (Million Units), Year-On-Year Growths And A.S.P, 2011 - 2018
Table 4 Global Software Encryption Market Revenue, 2011 - 2018 ($Billion) 
Table 5 Global Hardware Encrypted HDD Market Revenue ($Million), TAM (For HDD) And Market Penetration, 2011 - 2018
Table 6 Global Hardware Encrypted USB Drive Market Revenue ($Million), Tam (For USB Drives) And Market Penetration, 2011 - 2018 
Table 7 Hardware Encryption Market - Cost & Pricing Analysis Of Various Products ($USD), 2011 - 2018
Table 8 Quantification Of Overall Poter’s Analysis
Table 9 Quantification Of The Bargaining Power Of Suppliers
Table 10 Quantification Of The Bargaining Power Of Buyers
Table 11 Quantification Of Threat From New Entrants
Table 12 Quantification Of Threat From Substitutes
Table 13 Quantification Of The Degree Of Competition
Table 14 Global Hardware Encryption Chipset In Smartphone And Tablet Applications Market Revenue ($Million), Volume (Million Units) And Asps ($), 2011 - 2018
Table 15 Aes: Hardware Encryption Market (Products) Revenue ($Billion) And Volume (Million Units), 2011 - 2018
Table 16 Rsa: Hardware Encryption Market (Products)Revenue ($Billion) And Volume (Million Units), 2011 - 2018
Table 17 Others: Hardware Encryption Market (Products) Revenue ($Billion) And Volume (Million Units), 2011 - 2018
Table 18 Global Hardware Encryption Market (Products), By Architechtures Revenue ($Billion) And  Volume (Million Units), 2011 - 2018 
Table 19 Global Hardware Encryption Market (Products), By Connectivity Environments, Revenue ($Billion) And  Volume (Million Units), 2011 - 2018 
Table 20 Global Hardware Encryption Market Revenue, By Products, 2011 - 2018 ($Billion) 
Table 21 Global Hardware Encryption Market Volume, By Products, 2011 - 2018 (Million Units) 
Table 22 Global Hardware Encryption Market Average Selling Prices, By Products, 2011 - 2018 ($)
Table 23 Global HDD Hardware Encryption Market Revenue, By Type, 2011 - 2018 ($Million) 
Table 24 Global HDD Hardware Encryption Market Volume, By Type, 2011 - 2018 (Million Units) 
Table 25 Global HDD Hardware Encryption Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 26 Global HDD Hardware Encryption Market Volume, By Geography, 2011 - 2018 (Million Units) 
Table 27 North America: HDD Hardware Encryption Market Revenue, 2011 - 2018 ($Million)
Table 28 North America: HDD Hardware Encryption Market Volume, 2011 - 2018 (Million Units)
Table 29 Europe: HDD Hardware Encryption Market Revenue, 2011 - 2018 ($Million) 
Table 30 Europe: HDD Hardware Encryption Market Volume, 2011 - 2018 (Million Units) 
Table 31 HDD Hardware Encryption Market Revenue, 2011 - 2018 ($Million) 
Table 32 APAC: HDD Hardware Encryption Market Volume, 2011 - 2018 (Million Units) 
Table 33 ROW: HDD Hardware Encryption Market Revenue, 2011 - 2018 ($Million) 
Table 34 ROW: HDD Hardware Encryption Market Volume, 2011 - 2018 (Million Units) 
Table 35 Global Hardware Encrypted HDDs With Authentication Market Revenue, By Type, 2011 - 2018 ($Million)
Table 36 Global Solid-Sate Drive (SSD) Hardware Encryption Market Revenue, By Algorithm, 2011 - 2018 ($Million)
Table 37 Global SSD Hardware Encryption Market Revenue, By Application, 2011 - 2018 ($Million) 
Table 38 Global In-Line Hardware Encryptor Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 39 Global In-Line Hardware Encryptor Market Volume, By Geography, 2011 - 2018 (Million Units) 
Table 40 North America: In-Line Hardware Encryptor Market Revenue, 2011 - 2018 ($Million)
Table 41 North America: In-Line Hardware Encryptor Market Volume, 2011 - 2018 (Million Units)
Table 42 Europe: In-Line Hardware Encryptor Market Revenue, 2011 - 2018 ($Million) 
Table 43 Europe: In-Line Hardware Encryptor Market Volume, 2011 - 2018 (Million Units) 
Table 44 APAC: In-Line Hardware Encryptor Market Revenue, 2011 - 2018 ($Million) 
Table 45 APAC: In-Line Hardware Encryptor Market Volume, 2011 - 2018 (Million Units) 
Table 46 ROW: In-Line Hardware Encryptor Market Revenue, 2011 - 2018 ($Million) 
Table 47 ROW: In-Line Hardware Encryptor Market Volume, 2011 - 2018 (Thousand Units) 
Table 48 Hardware Encrypted USB Drive Market Revenue, By Type, 2011 - 2018 ($Million) 
Table 49 Hardware Encrypted USB Drive Market Volume, By Type, 2011 - 2018 (Million Units) 
Table 50 Global Hardware Encrypted USB Drive Market Revenue,By Geography, 2011 - 2018 ($Million)
Table 51 Global Hardware Encrypted USB Drive Market Volume, By Geography, 2011 - 2018 (Million Units) 
Table 52 North America: Hardware Encrypted Usb Drive Market Revenue, 2011 - 2018 ($Million)
Table 53 North America: Hardware Encrypted Usb Drive Market Volume, 2011 - 2018 (Million Units)
Table 54 Europe: Hardware Encrypted USB Drive Market Revenue, 2011 - 2018 ($Million) 
Table 55 Europe: Hardware Encrypted USB Drive Market Volume, 2011 - 2018 (Million Units) 
Table 56 APAC: Hardware Encrypted USB Drive Market Revenue, 2011 - 2018 ($Million) 
Table 57 APAC: Hardware Encrypted USB Drive Market Volume, 2011 - 2018 (Million Units) 
Table 58 ROW: Hardware Encrypted USB Drive Market Revenue, 2011 - 2018 ($Million) 
Table 59 ROW: Hardware Encrypted USB Drive Market Volume,2011 - 2018 (Million Units) 
Table 60 Global Hardware Encryption Market Revenue, By Appplication, 2011 - 2018 ($Billion) 
Table 61 Global Hardware Encryption Market Volume, By Application, 2011 - 2018 (Million Units) 
Table 62 Consumer Electronics: Hardware Encryption Market Revenue, By Sub-Application, 2011 - 2018 ($Billion)
Table 63 Consumer Electronics:Hardware Encryption Market Volume, By Sub-Application, 2011 - 2018 (Million Units)
Table 64 Consumer Electronics: Hardware Encryption Application Market Revenue, Cross-Segmentation By Products, 2011 - 2018 ($Million) 
Table 65 Consumer Electronics: Hardware Encryption Application Market Volume, Cross-Segmentation By Products, 2011 - 2018 (Million Units) 
Table 66 Communication Networking Security:Hardware Encryption Application Market Revenue, Cross-Segmentation By Products, 2011 - 2018 ($Million) 
Table 67 Communication Networking Security: Hardware Encryption Application Market Volume, Cross-Segmentation By Products, 2011 - 2018 (Million Units) 
Table 68 Automotive & Transportation: Hardware Encryption Application Market Revenue, Cross-Segmentation By Products, 2011 - 2018 ($Million) 
Table 69 Automotive & Transportation: Hardware Encryption Application Market Volume, Cross-Segmentation By Products, 2011 - 2018 (Million Units) 
Table 70 MDA: Hardware Encryption Application Market Revenue, By Sub-Applications, 2011 - 2018 ($Billion) 
Table 71 MDA: Hardware Encryption Application Market Revenue, Cross-Segmentation By Products, 2011 - 2018 ($Million)
Table 72 MDA: Hardware Encryption Application Market Volume, Cross-Segmentation By Products, 2011 - 2018 (Million Units)
Table 73 Healthcare: Hardware Encryption Application Market Revenue, Cross-Segmentation By Products, 2011 - 2018 ($Million) 
Table 74 Healthcare: Hardware Encryption Application Market Volume, Cross-Segmentation By Products, 2011 - 2018 (Million Units) 
Table 75 Emerging & Other Applications: Hardware Encryption Application Market Revenue, Cross-Segmentation By Products, 2011 - 2018 ($Million) 
Table 76 Emerging & Other Applications: Hardware Encryption Application Market Volume, Cross-Segmentation By Products, 2011 - 2018 (Million Units) 
Table 77 Global Hardware Encryption Market Revenue, By Verticals, 2011 - 2018 ($Million) 
Table 78 Global Hardware Encryption Market Volume, By Verticals, 2011 - 2018 (Million Units) 
Table 79 Global Industrial Hardware Encryption Market Revenue, By Products, 2011 - 2018 ($Million) 
Table 80 Global Industrial Hardware Encryption Market Volume, By Products, 2011 - 2018 (Million Units) 
Table 81 Global Commercial Hardware Encryption Market Revenue, By Products, 2011 - 2018 ($Million) 
Table 82 Global Commercial Hardware Encryption Market Volume, By Products, 2011 - 2018 (Million Units) 
Table 83 Global Residential Hardware Encryption Market Revenue, By Products, 2011 - 2018 ($Million) 
Table 84 Global Residential Hardware Encryption Market Volume, By Products, 2011 - 2018 (Million Units) 
Table 85 Global Govenrment Institutional Hardware Encryption Market Revenue, By Products, 2011 - 2018 ($Million)
Table 86 Global Govenrment Institutional Hardware Encryption Market Volume, By Products, 2011 - 2018 (Million Units)
Table 87 Global Hardware Encryption Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 88 Global Hardware Encryption Market Volume, By Geography, 2011 - 2018 (Million Units) 
Table 89 North America: Hardware Encryption Market Revenue,Volume And ASPS,2011 - 2018 ($Million)
Table 90 U.S.: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 91 Other Countries Of North America: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 92 Europe: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 93 U.K.: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 94 Germany: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 95 France: Hardware Encryption Market Revenue, Volume And ASPS, 2011 - 2018 ($Million)
Table 96 Other Countries Of Europe: Hardware Encryption Market Revenue, Volume And ASPS, 2011 - 2018 ($Million)
Table 97 APAC: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 98 China: Hardware Encryption Market Revenue, Volume And ASPS, 2011 - 2018 ($Million)
Table 99 Japan: Hardware Encryption Market Revenue, Volume And ASPS, 2011 - 2018 ($Million)
Table 100 South Korea: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 101 India: Hardware Encryption Market Revenue, Volume And Asps, 2011 - 2018 ($Million)
Table 102 Other Countries Of APAC: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 103 ROW: Hardware Encryption Market Revenue, Volume And Asps, 2011 - 2018 ($Million)
Table 104 Latin America: Hardware Encryption Market Revenue, Volume And ASPS, 2011 - 2018 ($Million)
Table 105 The Middle East: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 106 Other Countries Of North America: Hardware Encryption Market Revenue, Volume And ASPS,2011 - 2018 ($Million)
Table 107 Hardware Encrypted HDD Players And Rankings, 2013
Table 108 Hardware Encrypted USB Flash Drive Players And Rankings, 2013 
Table 109 New Product Launches/Developments (2010 – 2013)
Table 110 Mergers & Acquisitions (2009 – 2013)
Table 111 Partnerships/Agreements/Strategic Alliance/ Collaborations (2010 – 2013)
Table 112 Contract/Deployment/Awards/Certifications (2011 – 2013)
Table 113 Certes Networks: Products & Services
Table 114 Imation: Total Revenue, 2010 - 2012 ($Million)
Table 115 Maxim Integrated Products: Total Revenue, 2011 - 2012 ($Million) 
Table 116 Micron Technology: Total Revenues, 2010 - 2012 ($Million)
Table 117 Netapp: Total Revenues, 2011 - 2013($Million)
Table 118 Netapp: Total Revenueby Geographic Area, 2011 - 2013 ($Million) 
Table 119 Samsung Electronics: Total Revenues, 2010 - 2012 ($Billion)
Table 120 Sandisk: Total Revenues, 2010 - 2012 ($Million)
Table 121 Seagate Technology: Total Revenue, 2010 - 2012 ($Million)
Table 122 Toshiba: Total Revenue, 2011 - 2012 ($Million)
Table 123 Viasat: Total Revenues, 2011 - 2013($Million)
Table 124 Viasat: Total Revenues, By Geographic Area, 2011 - 2013 ($Million) 
Table 125 Western Digital: Total Revenues, 2010 - 2012 ($Million)
Table 126 Western Digital: Total Revenues, By Geographic Area, 2010 - 2012 ($Million) 
 
 
List Of Figures (58 Figures)
 
Figure 1 Hardware Encryption Industry Monetary Chain & Market Scope 
Figure 2 Research Methodology
Figure 3 Market Size Estimation Methodology
Figure 4 Data Triangulation Methodology
Figure 5 Global Hardware Encryption (Products) Market Revenue ($Billion) And Volume (Million Units), 2011 - 2018
Figure 6 Market Overview – Tree Structure
Figure 7 Global Hardware Encryption (Products) Market Revenue ($Billion) And Volume (Million Units), 2011 - 2018
Figure 8 Hardware Encryption Industry Revenue Breakdown (With Forecasts) 
Figure 9 Percentage Split-Up Of Hardware And Software Encryption Market Revenue, 2012 - 2018
Figure 10 Market Penetration Of Hardware Encrypted Hdds And Usb Drives In The Respective Tams, 2011 - 2018
Figure 11 Industry Analysis – Tree Structure
Figure 12 Hardware Encryption Industry Value Chain
Figure 13 Market Investment Analysis
Figure 14 Market Analysis – Tree Structure
Figure 15 Impact Analysis Of Drivers With Forecast, 2013 - 2018
Figure 16 Supply & Demand-Side Factor Analysis
Figure 17 Market Stages Of Hardware Encrypted Products, 2013
Figure 18 Porters Analysis For The Hardware Encryption Market
Figure 19 Supplier Bargaining Power In The Hardware Encryption Market 
Figure 20 Buyer Bargaining Power In The Hardware Encryption Market
Figure 21 Threat From New Entrants In The Hardware Encryption Market 
Figure 22 Threat From Substitutes In The Hardware Encryption Market
Figure 23 Degree Of Competition In The Hardware Encryption Market
Figure 24 Porter’s Analysis For The Hardware Encryption Market, 2013
Figure 25 Porter’s Analysis For The Hardware Encryption Market, 2015
Figure 26 Porter’s Analysis For The Hardware Encryption Market, 2017
Figure 27 Total Market Volume Comparison- Chipsets And Products
Figure 28 Total Market Volume Comparison- Chipsets And Products
Figure 29 Market By Products – Tree Structure
Figure 30 Average Selling Prices Of The Hardware Encryption Product Segments, 2011 - 2018
Figure 31 How Hardware Encryption Of HDDs Helps
Figure 32 Market By Application – Tree Structure
Figure 33 Market By Products – Tree Structure
Figure 34 Market By Geography – Tree Structure
Figure 35 Global Hardware Encrypted HDD - Market Shares, 2013
Figure 36 Global Hardware Encryption Market–Major Players Key Focus Area & Impact Analysis, 2013 - 2018
Figure 37 Gsmk Cryptophone: Products & Services
Figure 38 Imation: Products & Services
Figure 39 Kanguru Solutions: Products & Solutions
Figure 40 Swot Analysis Of Kanguru Solutions
Figure 41 Kingston Technology: Products & Services
Figure 42 Koolspan Inc.: Products & Services
Figure 43 Merlincryption: Products & ServicesFigure 44 Merlincryption Llc: Swot Analysis
Figure 45 Micron Technology: Products & Services
Figure 46 Netapp: Products & Services
Figure 47 Samsung Electronics: Products & Services
Figure 48 Sandisk: Products & Services
Figure 49 Seagate Technology: Products & Services
Figure 50 Secfone: Products & Services
Figure 51 Secfone: Swot Analysis
Figure 52 Secude: Products & Services
Figure 53 Secude: Swot Analysis
Figure 54 Toshiba: Products & Services
Figure 55 Viasat: Products & Services
Figure 56 Western Digital: Products & Services
Figure 57 Winmagic: Products & Services
Figure 58 Winmagic: Swot Analysis

Hardware encryption takes the data to be protected and encrypts it in a specific hardware component, which is separated from the user’s device. The encryption uses an internal key which never leaves the hardware-encrypted device and thus it is very secure. Software encryption on the other hand makes use of security software installed on the user’s device and takes the key as well as the data to be encrypted as inputs. Thus by isolating the encrypting components in a sub-system, hardware-based encryption provides better protection from rootkits and malware. In addition to this, as encryption takes place in a separate hardware component, the overall device performance is much faster than when software-based encryption is used.

In the last decade, the average cost of a data breach for companies and other organizations has almost continuously increased. This has lead to the gradual rise of hardware encryption as a solution to counter these data breaches. Since hardware encryption is highly secure, data loss is prevented even if a device is stolen. Government mandates and regulations which support the use of hardware encrypted products by companies and enterprises have come up in many countries around the world. This has pushed the market for hardware encrypted products forward. It is expected that by 2018, a high percentage of all storage devices will be hardware encrypted, since the cost of enabling hardware encryption capability in a traditional storage device are coming down.

Consumer electronics and Military, Defense & Aerospace (MDA) are the major applications for hardware encrypted products. But since storage devices are inevitably used in almost all application sectors, the Total addressable market (TAM) for hardware encrypted devices is very huge.

This report describes the market trends, drivers, and challenges of the hardware encryption market and forecasts the market till 2018, based on applications, verticals, products, and geography. It covers geographies like the North America, Europe, APAC, and ROW (Rest of the World).

To get an in-depth perception of the market’s ebb and flow over the forecast period, this section includes the porter’s analysis of the hardware encryption market for the years 2013, 2015 and 2017. Thus the trends shown by the forces affecting market have been tracked for the forecast period.

Porters Analysis for the Hardware Encryption Market

Hardware Encryption Market

Source: MarketsandMarkets Analysis


The above figure shows the porter’s analysis for each of the years 2013, 2015 and 2017 superposed on the same graph. The figure gives a clear understanding of the trends that the forces affecting the market are following in the forecast period. The forces which will have a significantly greater effect as we progress from 2013 to 2017 are the buyer’s bargaining power and Degree of Competition. The threat from substitutes will rapidly decrease from 2013 to 2017.

As a rule, the weights from 0-20 have been considered low; 20-30 as medium and 30 and above as high impact. It can be seen that the degree of competition will increase drastically growing from a value 22.40 in 2013 to 32.20 in 2017. Buyer’s bargaining power will also grow rapidly in the coming five years with a weight of 32.89 in 2017. The threat from Substitutes will fall drastically from a value of 25.20 in 2013 to 7.20 in 2017. The supplier's bargaining power and the threat from new entrants are in the medium range in 2013 with weights of 25.60 and 24.40 respectively in 2017.

Market Stages of Hardware Encrypted Products – 2013

Hardware Encryption Market

Source: MarketsandMarkets Analysis


Since hardware encryption is in its early commercialization phase, almost all the applications are in the introduction and growth phases. Consumer electronics being the biggest application market, encrypted HDDs and USB drives have started becoming common place in the storage market. Thus the market for these two product types is now entering the growth phase; in-line encryptors with their major applications in the MDA sector, are still in the introduction phase with fewer product vendors.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports