+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Hardware Encryption - Global Strategic Business Report

  • PDF Icon

    Report

  • 122 Pages
  • April 2025
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3397962
The global market for Hardware Encryption was valued at US$312.0 Million in 2024 and is projected to reach US$369.3 Million by 2030, growing at a CAGR of 2.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Hardware Encryption market.

Global Hardware Encryption Market - Key Trends and Drivers Summarized

Hardware encryption is becoming increasingly vital in the digital age, where the security of data, both stationary and in transit, is a major concern for individuals and organizations alike. This encryption method utilizes a dedicated processor within the storage device itself, which operates independently of the main computer system, providing a secure environment for data encryption and decryption directly on the hardware level. By doing so, hardware encryption ensures that sensitive data is encoded in such a way that it can only be accessed by individuals with the correct decryption key, thereby safeguarding personal and organizational information from unauthorized access, potential breaches, and damage to reputation.

The process of hardware encryption enhances data security during transfers and storage by isolating the encryption mechanisms from the main operating system, which can remain unaffected by software-based attacks. This isolation helps maintain system performance without the slowdowns commonly associated with software encryption solutions. Devices like encrypted solid-state drives (SSDs) and self-encrypting drives (SEDs) that incorporate hardware encryption are less susceptible to software threats and provide a seamless user experience. While hardware encryption provides a high level of security due to its isolated and dedicated processing, it can be more costly than software encryption and less flexible when scaling across multiple platforms, as each new device requires its own hardware-based encryption capability.

The growth of the hardware encryption market is driven by several factors. Rising global data breaches and increased cybersecurity threats have heightened the need for robust data protection measures, making hardware encryption an essential solution for securing data at the hardware level. Stricter regulatory compliance across various industries also fuels demand for hardware encryption to protect sensitive information and meet legal requirements. Furthermore, advancements in digital technology and the expanding Internet of Things (IoT) ecosystem have created new vulnerabilities, thus propelling the use of hardware encryption to secure a growing array of connected devices. Additionally, the shift toward remote work and the increasing use of mobile devices for professional purposes demand more sophisticated data security solutions like hardware encryption to protect data accessed outside of secure corporate environments. Emerging technologies such as cloud computing and artificial intelligence further necessitate strong encryption to secure data within these complex systems, ensuring robust protection against increasingly sophisticated digital threats.

Report Scope

The report analyzes the Hardware Encryption market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.

Segments: Product (Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors, USB Flash Drives); Application (Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI, Other Applications).

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Internal HDD segment, which is expected to reach US$140.9 Million by 2030 with a CAGR of a 3.0%. The External HDD segment is also set to grow at 2.5% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, valued at $82.9 Million in 2024, and China, forecasted to grow at an impressive 2.8% CAGR to reach $59.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Hardware Encryption Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Hardware Encryption Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Hardware Encryption Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of players such as Gemalto NV, Kanguru Solutions, Kingston Technology Co., Inc., Maxim Integrated, Micron Technology, Inc. and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 32 companies featured in this Hardware Encryption market report include:

  • Gemalto NV
  • Kanguru Solutions
  • Kingston Technology Co., Inc.
  • Maxim Integrated
  • Micron Technology, Inc.
  • NetApp, Inc.
  • Seagate Technology LLC
  • Thales E-Security, Inc.
  • Toshiba Memory Europe GmbH
  • Western Digital Corporation
  • Winmagic Inc.

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

  • Tariff-adjusted market forecasts by region and segment
  • Analysis of cost and supply chain implications by sourcing and trade exposure
  • Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

  • Finalized tariff impacts and new trade agreement effects
  • Updated projections reflecting global sourcing and cost shifts
  • Expanded country-specific coverage across the industry

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Hardware Encryption - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Incidence of Data Breaches Strengthens Business Case for Hardware Encryption Solutions
  • Growing Awareness of the Benefits of Hardware Encryption Drives Adoption Across Various Industries
  • Advances in Encryption Technology Propel Growth of Hardware Encryption Market
  • Increasing Adoption of Cloud Services Expands Addressable Market Opportunity for Hardware Encryption
  • Growth in Mobile Device Usage Generates Demand for Secure Hardware Encryption Solutions
  • Innovations in Encrypted Storage Devices Spurs Market Growth for Hardware Encryption
  • Focus on Data Privacy and Security Throws the Spotlight on Hardware Encryption Solutions
  • Expansion of IoT Devices Sustains Growth in Hardware Encryption Market
  • Integration of AI and Machine Learning in Encryption Enhances Security Measures
  • Rising Investment in Cybersecurity Infrastructure Generates Opportunities for Hardware Encryption
  • Technological Developments in Quantum-Resistant Encryption Propel Market Expansion for Hardware Encryption
  • Emphasis on Reducing Cybersecurity Risks Drives Adoption of Reliable Hardware Encryption Solutions
  • Growth in Financial Services Increases Use of Hardware Encryption for Data Protection
  • Adoption of Hardware Encryption in Healthcare Expands Addressable Market Opportunity
  • Focus on Enhancing Network Security Throws the Spotlight on Hardware-Based Encryption Solutions
  • Increasing Use of Hardware Encryption in Government and Defense Accelerates Demand for High-Security Solutions
  • Government Initiatives and Funding for Cybersecurity Strengthens Business Case for Hardware Encryption
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Hardware Encryption by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 2: World Historic Review for Hardware Encryption by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 3: World 15-Year Perspective for Hardware Encryption by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2025 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Solid-State Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 5: World Historic Review for Solid-State Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 6: World 15-Year Perspective for Solid-State Drives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Inline Network Encryptors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 8: World Historic Review for Inline Network Encryptors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 9: World 15-Year Perspective for Inline Network Encryptors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for USB Flash Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 11: World Historic Review for USB Flash Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 12: World 15-Year Perspective for USB Flash Drives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 14: World Historic Review for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 15: World 15-Year Perspective for Consumer Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 17: World Historic Review for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 18: World 15-Year Perspective for IT & Telecom by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 20: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 21: World 15-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 23: World Historic Review for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 24: World 15-Year Perspective for Aerospace & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 26: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 27: World 15-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 29: World Historic Review for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 30: World 15-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 32: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 33: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 34: World Recent Past, Current & Future Analysis for Internal HDD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 35: World Historic Review for Internal HDD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 36: World 15-Year Perspective for Internal HDD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 37: World Recent Past, Current & Future Analysis for External HDD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 38: World Historic Review for External HDD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 39: World 15-Year Perspective for External HDD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • Table 40: World Hardware Encryption Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Hardware Encryption Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
  • Table 41: USA Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 42: USA Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 43: USA 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 44: USA Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 45: USA Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 46: USA 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
CANADA
  • Table 47: Canada Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 48: Canada Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 49: Canada 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 50: Canada Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 51: Canada Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 52: Canada 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
JAPAN
  • Hardware Encryption Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
  • Table 53: Japan Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 54: Japan Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 55: Japan 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 56: Japan Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 57: Japan Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 58: Japan 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
CHINA
  • Hardware Encryption Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
  • Table 59: China Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 60: China Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 61: China 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 62: China Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 63: China Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 64: China 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
EUROPE
  • Hardware Encryption Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
  • Table 65: Europe Recent Past, Current & Future Analysis for Hardware Encryption by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • Table 66: Europe Historic Review for Hardware Encryption by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 67: Europe 15-Year Perspective for Hardware Encryption by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2015, 2025 & 2030
  • Table 68: Europe Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 69: Europe Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 70: Europe 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 71: Europe Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 72: Europe Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 73: Europe 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
FRANCE
  • Hardware Encryption Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
  • Table 74: France Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 75: France Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 76: France 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 77: France Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 78: France Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 79: France 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
GERMANY
  • Hardware Encryption Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
  • Table 80: Germany Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 81: Germany Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 82: Germany 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 83: Germany Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 84: Germany Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 85: Germany 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
ITALY
  • Table 86: Italy Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 87: Italy Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 88: Italy 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 89: Italy Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 90: Italy Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 91: Italy 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
UNITED KINGDOM
  • Hardware Encryption Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
  • Table 92: UK Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 93: UK Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 94: UK 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 95: UK Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 96: UK Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 97: UK 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
REST OF EUROPE
  • Table 98: Rest of Europe Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 99: Rest of Europe Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 100: Rest of Europe 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 101: Rest of Europe Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 102: Rest of Europe Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 103: Rest of Europe 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
ASIA-PACIFIC
  • Hardware Encryption Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
  • Table 104: Asia-Pacific Recent Past, Current & Future Analysis for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 105: Asia-Pacific Historic Review for Hardware Encryption by Product - Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 106: Asia-Pacific 15-Year Perspective for Hardware Encryption by Product - Percentage Breakdown of Value Sales for Internal HDD, External HDD, Solid-State Drives, Inline Network Encryptors and USB Flash Drives for the Years 2015, 2025 & 2030
  • Table 107: Asia-Pacific Recent Past, Current & Future Analysis for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
  • Table 108: Asia-Pacific Historic Review for Hardware Encryption by Application - Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • Table 109: Asia-Pacific 15-Year Perspective for Hardware Encryption by Application - Percentage Breakdown of Value Sales for Consumer Electronics, IT & Telecom, Transportation, Aerospace & Defense, Healthcare, BFSI and Other Applications for the Years 2015, 2025 & 2030
REST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Gemalto NV
  • Kanguru Solutions
  • Kingston Technology Co., Inc.
  • Maxim Integrated
  • Micron Technology, Inc.
  • NetApp, Inc.
  • Seagate Technology LLC
  • Thales E-Security, Inc.
  • Toshiba Memory Europe GmbH
  • Western Digital Corporation
  • Winmagic Inc.

Table Information