EUROPE HARDWARE ENCRYPTION MARKET FORECAST 2019-2028

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EUROPE HARDWARE ENCRYPTION MARKET FORECAST 2019-2028

The Europe hardware encryption market is expected to grow with a CAGR of 23.56%, during the forecast period of 2019 to 2028. A major shift towards digital transformation, the need for data encryption solutions to secure enterprises, and the increasing awareness of data security benefits is largely accredited to the region’s market growth. The United Kingdom, Italy, Poland, France, Russia, Germany, Belgium, and the rest of Europe are analyzed for studying the Europe hardware encryption market growth.

EUROPE HARDWARE ENCRYPTION MARKET FORECAST 2019-2028

Europe Hardware Encryption Market by Architecture (Asic, Fpga) by Algorithm & Standard (Rsa, Aes, Others) by Product (Hard Disk Drive (Hdd) (External Hard Disk Drive, Internal Hard Disk Drive), Solid State Drives (Ssd), Universal Serial Bus (Usb), Inline Network Encryptor) by End-user (Industrial, Commercial, Residential, Government) by Application (Consumer Electronics, It & Telecom, Automotive & Transportation, Aerospace and Defense, Healthcare, Government and Public Utilities, Bfsi, Others) and by Geography.

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The Europe hardware encryption market is expected to grow with a CAGR of 23.56%, during the forecast period of 2019 to 2028. A major shift towards digital transformation, the need for data encryption solutions to secure enterprises, and the increasing awareness of data security benefits is largely accredited to the region’s market growth.
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The United Kingdom, Italy, Poland, France, Russia, Germany, Belgium, and the rest of Europe are analyzed for studying the Europe hardware encryption market growth. Data breaches can lead to catastrophic consequences for both, the party at fault and the party whose personal data has been compromised. As a result, increased regulations striving to reduce data breaches through new guidelines and penalties on failure to comply are introduced. However, despite such laws, data breaches are still prevalent across the United Kingdom.

The United Kingdom’s banking division is the largest in Europe and the fourth-largest, across the world. The Big Four Banks, namely, HSBC, Royal Bank of Scotland, Barclays, and Lloyds Banking Group, are responsible for managing more than 75% of current accounts and 85% of business accounts, throughout the United Kingdom. However, in 2018, the number of cybersecurity incidents recorded by the United Kingdom’s financial division increased, with potential losses exceeding the expenses of remediating a breach. These infringements were mainly caused due to errors and technical failures. Thus, such factors are expected to drive the region’s demand and market growth for hardware encryption.

Headquartered in Dublin, Ireland, Seagate Technology LLC, offers data solutions to share, preserve, and create digital content. It also provides external and internal hard disk drives and associated software products. Moreover, the company extends data storage services like online backup, data protection, and recovery to small and medium sized enterprises.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET DEFINITION
    • KEY DRIVERS
      • REGULATORY COMPLIANCES ON PROTECTION OF SENSITIVE & PRIVATE DATA
      • DECLINING COST OF HARDWARE ENCRYPTION DEVICES
      • UPSURGE IN PENETRATION OF CONSUMER ELECTRONICS
      • INCREASING RISK OF DATA BREACHES
    • KEY RESTRAINTS
      • HIGH INITIAL INVESTMENT
      • LIMITATION & MALPRACTICE OF ENCRYPTED DEVICES IN SOME COUNTRIES
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    • PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
  2. MARKET BY ARCHITECTURE
    • ASIC
    • FPGA
  3. MARKET BY ALGORITHM & STANDARD
    • RSA
    • AES
    • OTHERS
  4. MARKET BY PRODUCT
    •    HARD DISK DRIVE (HDD)
      • EXTERNAL HARD DISK DRIVE
      • INTERNAL HARD DISK DRIVE
    • SOLID STATE DRIVES (SSD)
    • UNIVERSAL SERIAL BUS (USB)
    • INLINE NETWORK ENCRYPTOR
  5. MARKET BY END-USER
    • INDUSTRIAL
    • COMMERCIAL
    • RESIDENTIAL
    • GOVERNMENT
  6. MARKET BY APPLICATION
    • CONSUMER ELECTRONICS
    • IT & TELECOM
    • AUTOMOTIVE & TRANSPORTATION
    • AEROSPACE AND DEFENSE
    • HEALTHCARE
    • GOVERNMENT AND PUBLIC UTILITIES
    • BFSI
    • OTHERS
  7. GEOGRAPHICAL ANALYSIS
    •    EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
  1. COMPANY PROFILES
    • INTERNATIONAL BUSINESS MACHINES CORPORATION
    • KINGSTON TECHNOLOGY COMPANY INC
    • MCAFEE LLC
    • MICRON TECHNOLOGY INC
    • NETAPP
    • SAMSUNG ELECTRONICS CO LTD
    • SEAGATE TECHNOLOGY LLC
    • SYMANTEC CORPORATION
    • TOSHIBA CORPORATION
    • WESTERN DIGITAL TECHNOLOGIES INC
    • CERTES NETWORKS INC
    • IMATION CORP
    • SANDISK CORPORATION
    • MAXIM INTEGRATED PRODUCTS INC.
    • GEMALTO NV

TABLES LIST

TABLE 1: MARKET SNAPSHOT – HARDWARE ENCRYPTION

TABLE 2: EUROPE HARDWARE ENCRYPTION MARKET, BY ARCHITECTURE, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 3: EUROPE HARDWARE ENCRYPTION MARKET, BY ARCHITECTURE, FORECAST YEARS, 2019-2028 (IN $ BILLION)

TABLE 4: EUROPE HARDWARE ENCRYPTION MARKET, BY ALGORITHM & STANDARD, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 5: EUROPE HARDWARE ENCRYPTION MARKET, BY ALGORITHM & STANDARD, FORECAST YEARS, 2019-2028 (IN $ BILLION)

TABLE 6: EUROPE HARDWARE ENCRYPTION MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 7: EUROPE HARDWARE ENCRYPTION MARKET, BY PRODUCT, FORECAST YEARS, 2019-2028 (IN $ BILLION)

TABLE 8: EUROPE HARDWARE ENCRYPTION MARKET, BY HARD DISK DRIVE (HDD), HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 9: EUROPE HARDWARE ENCRYPTION MARKET, BY HARD DISK DRIVE (HDD), FORECAST YEARS, 2019-2028 (IN $ BILLION)

TABLE 10: EUROPE HARDWARE ENCRYPTION MARKET, BY END-USER, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 11: EUROPE HARDWARE ENCRYPTION MARKET, BY END-USER, FORECAST YEARS, 2019-2028 (IN $ BILLION)

TABLE 12: EUROPE HARDWARE ENCRYPTION MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 13: EUROPE HARDWARE ENCRYPTION MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ BILLION)

TABLE 14: EUROPE HARDWARE ENCRYPTION MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 15: EUROPE HARDWARE ENCRYPTION MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ BILLION)

FIGURES LIST

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: VALUE CHAIN ANALYSIS

FIGURE 6: EUROPE HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY ARCHITECTURE, IN 2019

FIGURE 7: EUROPE HARDWARE ENCRYPTION MARKET, BY ASIC, 2019-2028 (IN $ BILLION)

FIGURE 8: EUROPE HARDWARE ENCRYPTION MARKET, BY FPGA, 2019-2028 (IN $ BILLION)

FIGURE 9: EUROPE HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY ALGORITHM & STANDARD, IN 2019

FIGURE 10: EUROPE HARDWARE ENCRYPTION MARKET, BY RSA, 2019-2028 (IN $ BILLION)

FIGURE 11: EUROPE HARDWARE ENCRYPTION MARKET, BY AES, 2019-2028 (IN $ BILLION)

FIGURE 12: EUROPE HARDWARE ENCRYPTION MARKET, BY OTHERS, 2019-2028 (IN $ BILLION)

FIGURE 13: EUROPE HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2019

FIGURE 14: EUROPE HARDWARE ENCRYPTION MARKET, BY HARD DISK DRIVE (HDD), 2019-2028 (IN $ BILLION)

FIGURE 15: EUROPE HARDWARE ENCRYPTION MARKET, BY EXTERNAL HARD DISK DRIVE, 2019-2028 (IN $ BILLION)

FIGURE 16: EUROPE HARDWARE ENCRYPTION MARKET, BY INTERNAL HARD DISK DRIVE, 2019-2028 (IN $ BILLION)

FIGURE 17: EUROPE HARDWARE ENCRYPTION MARKET, BY SOLID STATE DRIVES (SSD), 2019-2028 (IN $ BILLION)

FIGURE 18: EUROPE HARDWARE ENCRYPTION MARKET, BY UNIVERSAL SERIAL BUS (USB), 2019-2028 (IN $ BILLION)

FIGURE 19: EUROPE HARDWARE ENCRYPTION MARKET, BY INLINE NETWORK ENCRYPTOR, 2019-2028 (IN $ BILLION)

FIGURE 20: EUROPE HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY END-USER, IN 2019

FIGURE 21: EUROPE HARDWARE ENCRYPTION MARKET, BY INDUSTRIAL, 2019-2028 (IN $ BILLION)

FIGURE 22: EUROPE HARDWARE ENCRYPTION MARKET, BY COMMERCIAL, 2019-2028 (IN $ BILLION)

FIGURE 23: EUROPE HARDWARE ENCRYPTION MARKET, BY RESIDENTIAL, 2019-2028 (IN $ BILLION)

FIGURE 24: EUROPE HARDWARE ENCRYPTION MARKET, BY GOVERNMENT, 2019-2028 (IN $ BILLION)

FIGURE 25: EUROPE HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 26: EUROPE HARDWARE ENCRYPTION MARKET, BY CONSUMER ELECTRONICS, 2019-2028 (IN $ BILLION)

FIGURE 27: EUROPE HARDWARE ENCRYPTION MARKET, BY IT & TELECOM, 2019-2028 (IN $ BILLION)

FIGURE 28: EUROPE HARDWARE ENCRYPTION MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2028 (IN $ BILLION)

FIGURE 29: EUROPE HARDWARE ENCRYPTION MARKET, BY AEROSPACE AND DEFENSE, 2019-2028 (IN $ BILLION)

FIGURE 30: EUROPE HARDWARE ENCRYPTION MARKET, BY HEALTHCARE, 2019-2028 (IN $ BILLION)

FIGURE 31: EUROPE HARDWARE ENCRYPTION MARKET, BY GOVERNMENT AND PUBLIC UTILITIES, 2019-2028 (IN $ BILLION)

FIGURE 32: EUROPE HARDWARE ENCRYPTION MARKET, BY BFSI, 2019-2028 (IN $ BILLION)

FIGURE 33: EUROPE HARDWARE ENCRYPTION MARKET, BY OTHERS, 2019-2028 (IN $ BILLION)

FIGURE 34: EUROPE HARDWARE ENCRYPTION MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 35: UNITED KINGDOM HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)

FIGURE 36: GERMANY HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)

FIGURE 37: FRANCE HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)

FIGURE 38: ITALY HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)

FIGURE 39: RUSSIA HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)

FIGURE 40: BELGIUM HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)

FIGURE 41: POLAND HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)

FIGURE 42: REST OF EUROPE HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
  1. MARKET BY ARCHITECTURE
    • ASIC
    • FPGA
  2. MARKET BY ALGORITHM & STANDARD
    • RSA
    • AES
    • OTHERS
  3. MARKET BY PRODUCT
    •    HARD DISK DRIVE (HDD)
      • EXTERNAL HARD DISK DRIVE
      • INTERNAL HARD DISK DRIVE
    • SOLID STATE DRIVES (SSD)
    • UNIVERSAL SERIAL BUS (USB)
    • INLINE NETWORK ENCRYPTOR
  4. MARKET BY END-USER
    • INDUSTRIAL
    • COMMERCIAL
    • RESIDENTIAL
    • GOVERNMENT
  5. MARKET BY APPLICATION
    • CONSUMER ELECTRONICS
    • IT & TELECOM
    • AUTOMOTIVE & TRANSPORTATION
    • AEROSPACE AND DEFENSE
    • HEALTHCARE
    • GOVERNMENT AND PUBLIC UTILITIES
    • BFSI
    • OTHERS

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