info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)

Rising cloud infrastructure and Dependence on Cloud solutions for Transaction to Boost the Global BFSI segment in Hardware Security Module Market

Pune, India, September 25, 2018/MRFR Press Release/- Market Research Future published a half-cooked  research report on “Global Hardware Security Module (HSM) Market - Forecast to 2032” Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2024-2032

Global Hardware Security Module (HSM)Market – Overview


A Hardware Security Module (HSM) is a physical device that provides a secure environment for the storage of cryptographic keys and for performing operations. The HSM is associated with software solution that is attached with inside a PC or servers and offers a tamper protection mechanism that provides a secure out-of-band management interface for key materials. HSM offers numerous attributes for the business to focussed to make quality products and services. The attributes include widely accepted and open secure cryptographic algorithms, strong random number generation for cryptographic functions, a standardized interface for developers, and others. However, high deployment cost of HSM is likely to hinder the growth of the HSM market during the forecast period.


Industry News


May 2018 Utimaco to acquire Atalla from Micro Focus


With this strategic acquisition, Utimaco would develop the most comprehensive HSM solution, Additionally it would also Ultimaco to integrate general purpose HSM offered by Atalla Payment HSMs to offer a portfolio that will allow Ultimaco to satisfy  the hardware encryption requirements.


October 2017  Atos Corporation launched Trustway Data Protection Suite


Trustway Data Protection Suite is a data encryption solution  that protects sensitive data and manage data security to reduce the risk of cyberattacks. It also facilitates businesses to safeguard, manage and migrate sensitive data wherever it resides, on all deployment cloud environments.


June 2017, Thales one of the providers of critical information systems, cybersecurity and data security, solutions collaborated with Chain provider of enterprise-grade blockchain infrastructure.


The sole purpose of collaboration is  to integrate its hardware security modules with blockchain infrastructure provided by Chain, to generate and secure critical cryptographic keys for financial sectors. the integrated solution enables robust cryptographic techniques, which securely and efficiently generate temporary one-time keys for each transaction.


Global Hardware Security Module (HSM)Market - Segmentation


Segmentation by Type : LAN-based HSM/network-attached HSM, PCIE-based/embedded plugins HSM and USB-based/portable HSM.


Segmentation by Application: Payment Processing, Code and Document Signing, Secure Sockets Layer (SSL) and Transport Layer Security (TLS), authentication, database encryption, PKI or credential management, Application-Level Encryption.


Segmentation by End user: Banking and Financial Services, Government, Technology and Communications, Industrial and Manufacturing Industry, Energy and Utilities, Retail and Consumer Products, Healthcare and Life Science, Entertainment & Media, Education and Transportation.


Segmentation by Region: North America, Europe, Asia Pacific and Rest of the world.


Hardware Security Module (HSM)Market Regional Analysis


Geographically, the hardware security module market is categorized as North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is likely to be the fastest growing region in the hardware security module market. Japan, China, and South Korea to witness to be major contributing region owing to increased inclination to strengthen cloud infrastructure. North America, the market for hardware security module is witnessing a mature market growth over the forecast period owing to early adoption of security modules in BFSI sector. Furthermore,  Europe is likely to gain to have a significant growth rate in the market. The growth rate is attributed to increase in need to safeguard the databases in BFSI and retail sector.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Base Year 2018
Companies Covered 15
Pages 100
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.