The North America hardware encryption market is expected to record a CAGR of 21.29%, during the forecast years of 2019 to 2028. The key factors influencing the region’s market growth include the presence of several large industries, the arrival of cloud services, and the surging demand for consumer electronics products. The North America hardware encryption market growth is assessed across the United States and Canada.
NORTH AMERICA HARDWARE ENCRYPTION MARKET FORECAST 2019-2028
North America 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.
The North America hardware encryption market is expected to record a CAGR of 21.29%, during the forecast years of 2019 to 2028. The key factors influencing the region’s market growth include the presence of several large industries, the arrival of cloud services, and the surging demand for consumer electronics products.
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The North America hardware encryption market growth is assessed across the United States and Canada. The consumer electronics industry in the United States recorded positive sales growth in 2019, owing to the expansion of the portable consumer electronics division. Consumers’ preferences have also continued transitioning towards intelligent and multi-functional products. Moreover, the high levels of internet connectivity throughout the United States have encouraged the accelerated adoption of seamless streaming and smart technologies, within in-home and portable appliances.
On the other hand, smart home technology solutions and digital assistants are continually expanding from smartphones and wireless speakers into diverse classifications across the home entertainment and consumer electronics avenue. For instance, Google Assistant and Amazon’s Alexa are rapidly altering people’s interaction with their devices. Additionally, with the rising demand for consumer electronics, the need to maintain data privacy increases. As a result, enterprises are implementing initiatives to encrypt the hardware systems used in such devices. Thus, the factors mentioned above are attributed to the region’s hardware encryption market growth.
International Business Machines (IBM) Corporation, headquartered in the United States, is among the leading cognitive solutions and cloud platform provider enterprises. It functions as an integrated technology and services firm, across the world. The company’s cognitive solutions segment develops artificial platforms, namely, data and analytics management platforms, cloud data services, talent management, and industry solutions. In May 2019, IBM and HDFC ERGO General Insurance Company collaborated to co-create innovative artificial intelligence (AI) oriented solutions on IBM Cloud.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- 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
- 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
- MARKET BY ARCHITECTURE
- ASIC
- FPGA
- MARKET BY ALGORITHM & STANDARD
- RSA
- AES
- OTHERS
- 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
- HARD DISK DRIVE (HDD)
- MARKET BY END-USER
- INDUSTRIAL
- COMMERCIAL
- RESIDENTIAL
- GOVERNMENT
- MARKET BY APPLICATION
- CONSUMER ELECTRONICS
- IT & TELECOM
- AUTOMOTIVE & TRANSPORTATION
- AEROSPACE AND DEFENSE
- HEALTHCARE
- GOVERNMENT AND PUBLIC UTILITIES
- BFSI
- OTHERS
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- 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
TABLE LIST
TABLE 1: MARKET SNAPSHOT – HARDWARE ENCRYPTION
TABLE 2: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY ARCHITECTURE, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 3: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY ARCHITECTURE, FORECAST YEARS, 2019-2028 (IN $ BILLION)
TABLE 4: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY ALGORITHM & STANDARD, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 5: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY ALGORITHM & STANDARD, FORECAST YEARS, 2019-2028 (IN $ BILLION)
TABLE 6: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 7: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY PRODUCT, FORECAST YEARS, 2019-2028 (IN $ BILLION)
TABLE 8: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY HARD DISK DRIVE (HDD), HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 9: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY HARD DISK DRIVE (HDD), FORECAST YEARS, 2019-2028 (IN $ BILLION)
TABLE 10: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY END-USER, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 11: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY END-USER, FORECAST YEARS, 2019-2028 (IN $ BILLION)
TABLE 12: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 13: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ BILLION)
TABLE 14: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 15: NORTH AMERICA 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: NORTH AMERICA HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY ARCHITECTURE, IN 2019
FIGURE 7: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY ASIC, 2019-2028 (IN $ BILLION)
FIGURE 8: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY FPGA, 2019-2028 (IN $ BILLION)
FIGURE 9: NORTH AMERICA HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY ALGORITHM & STANDARD, IN 2019
FIGURE 10: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY RSA, 2019-2028 (IN $ BILLION)
FIGURE 11: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY AES, 2019-2028 (IN $ BILLION)
FIGURE 12: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY OTHERS, 2019-2028 (IN $ BILLION)
FIGURE 13: NORTH AMERICA HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2019
FIGURE 14: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY HARD DISK DRIVE (HDD), 2019-2028 (IN $ BILLION)
FIGURE 15: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY EXTERNAL HARD DISK DRIVE, 2019-2028 (IN $ BILLION)
FIGURE 16: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY INTERNAL HARD DISK DRIVE, 2019-2028 (IN $ BILLION)
FIGURE 17: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY SOLID STATE DRIVES (SSD), 2019-2028 (IN $ BILLION)
FIGURE 18: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY UNIVERSAL SERIAL BUS (USB), 2019-2028 (IN $ BILLION)
FIGURE 19: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY INLINE NETWORK ENCRYPTOR, 2019-2028 (IN $ BILLION)
FIGURE 20: NORTH AMERICA HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY END-USER, IN 2019
FIGURE 21: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY INDUSTRIAL, 2019-2028 (IN $ BILLION)
FIGURE 22: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY COMMERCIAL, 2019-2028 (IN $ BILLION)
FIGURE 23: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY RESIDENTIAL, 2019-2028 (IN $ BILLION)
FIGURE 24: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY GOVERNMENT, 2019-2028 (IN $ BILLION)
FIGURE 25: NORTH AMERICA HARDWARE ENCRYPTION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019
FIGURE 26: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY CONSUMER ELECTRONICS, 2019-2028 (IN $ BILLION)
FIGURE 27: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY IT & TELECOM, 2019-2028 (IN $ BILLION)
FIGURE 28: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2028 (IN $ BILLION)
FIGURE 29: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY AEROSPACE AND DEFENSE, 2019-2028 (IN $ BILLION)
FIGURE 30: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY HEALTHCARE, 2019-2028 (IN $ BILLION)
FIGURE 31: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY GOVERNMENT AND PUBLIC UTILITIES, 2019-2028 (IN $ BILLION)
FIGURE 32: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY BFSI, 2019-2028 (IN $ BILLION)
FIGURE 33: NORTH AMERICA HARDWARE ENCRYPTION MARKET, BY OTHERS, 2019-2028 (IN $ BILLION)
FIGURE 34: NORTH AMERICA HARDWARE ENCRYPTION MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 35: UNITED STATES HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)
FIGURE 36: CANADA HARDWARE ENCRYPTION MARKET, 2019-2028 (IN $ BILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY ARCHITECTURE
- ASIC
- FPGA
- MARKET BY ALGORITHM & STANDARD
- RSA
- AES
- OTHERS
- 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
- HARD DISK DRIVE (HDD)
- MARKET BY END-USER
- INDUSTRIAL
- COMMERCIAL
- RESIDENTIAL
- GOVERNMENT
- MARKET BY APPLICATION
- CONSUMER ELECTRONICS
- IT & TELECOM
- AUTOMOTIVE & TRANSPORTATION
- AEROSPACE AND DEFENSE
- HEALTHCARE
- GOVERNMENT AND PUBLIC UTILITIES
- BFSI
- OTHERS
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