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(CityRegions.Com, August 16, 2018 ) Hardware-based encryption devices offer the security of strong encryption with the ease of minimal configuration and platform interoperability. Hardware encryption can offer several benefits beyond those provided by software encryption. These include faster algorithm processing, tamper-proof or tamper-resistant key storage, and protection against unauthorized code.
Western Digital Corp dominated the market, with accounted for 19.858% of the Hardware Encryption Devices Revenue market share in 2016. Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Thales, Micron Technology Inc are the key players in USA Hardware Encryption Devices market.
The Middle Atlantic is the largest consumption region of Hardware Encryption Devices, with a consumption market share nearly 24.30% in 2016. The second place is The South; with the consumption market share over 20.99% in 2016.
Hardware Encryption Devices used in industry including IT & Telecom, BFSI, Government & Public Utilities, Manufacturing Enterprise and others. Report data showed that 26.28% of the Hardware Encryption Devices market demand in IT & Telecom.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Over the next five years, LPI(LP Information) projects that Hardware Encryption Devices will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
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To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Others
Segmentation by application:
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
Browse the complete report @ http://www.orbisresearch.com/reports/index/2018-2023-global-hardware-encryption-devices-consumption-market-report
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Western Digital Corp
Seagate Technology PLC
Samsung Electronics
Thales
Micron Technology Inc
NetApp
Kingston Technology Corp
Toshiba
Gemalto
Certes Networks Inc.
Kanguru Solutions
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Some Point from TOC:
1 Hardware Encryption Devices Market Overview
2 Global Hardware Encryption Devices Sales, Revenue (Value) and Market Share by Players
3 Global Hardware Encryption Devices Sales, Revenue (Value) by Type and Application (2013-2018)
4 Global Hardware Encryption Devices Players Profiles and Sales Data
5 Global Hardware Encryption Devices Market Forecast (2018-2023)
6 Production Cost Analysis of Hardware Encryption Devices
7 Value Chain, Purchasing Strategy and Downstream Buyers
….Continued
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