The Asia Pacific Hardware Secure Module (HSM) Adapters Market should witness market growth of 12.1% CAGR during the forecast period (2022-2028).
A vast range of retail andconsumer goods industries use HSM adapters since inadequate codesecurity updates enable hackers to steal data from the manufacturing line or enter software code. Hence, the security of such information could become exclusively reliant on a software system. They may also be able to falsify client data, steal production or usage data, and seize command of manufacturing software.
Additionally, in many industries, managing digital rights is essential since the black market sale of copies of unlicensed products bearing white labeling orauthentic branding can result in significant financial losses and harm the business's reputation. The integration of HSM adapters prevents important product information theft.
In addition, hardware security modules offer services, including PIN card processing, comprehensive key management, message authentication,and general-purpose cryptographic. Additionally, HSM adapters are also used in payment processing. A computer process orsystem validates and approves or rejects the transactions on account of the merchant using an encrypted Internet connection, in most cases as a third-party service.
In this region, China is predicted to become a prominent market for hardware secure module (HSM) adapters, owing to a sharp increase in investment by major companies and governmental organizations in security solutions to protect against cyberattacks and data breaches. Similarly, due to the pressing need for data protection, Japan is expected to have a significant demand for HSM. In addition, growth will also be fueled by the expanding use of HSMs for decryption, encryption,and key management applications by businesses across the nation. Most mid-sized and small-sized firms in Japan are switching to cloud-based HSMsince their implementation is thought to be more practical and affordable. Due to these aspects, the regional hardware security module (HSM) adaptersmarket is expanding.
The China market dominated the Asia Pacific Hardware Secure Module (HSM) Adapters Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $263.2 Million by 2028. The Japan market is estimated to grow a CAGR of 11.4% during (2022-2028). Additionally, The India market would experience a CAGR of 12.8% during (2022-2028).
Based on Industry, the market is segmented into BFSI, Retail, Transportation, Aerospace & Defense and Others. Based on Type, the market is segmented into LAN Based / Network Attached, USB Based, PCI Based and Smart Cards. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thales Group S.A., Microchip Technology, Inc., Infineon Technologies AG, Atos Group, Hewlett Packard Enterprise Company(HP Development Company L.P.), IBM Corporation, Futurex LP, STMicroelectronics N.V., Utimaco Management GmbH (SGT Capital), and Securosys SA.
A vast range of retail andconsumer goods industries use HSM adapters since inadequate codesecurity updates enable hackers to steal data from the manufacturing line or enter software code. Hence, the security of such information could become exclusively reliant on a software system. They may also be able to falsify client data, steal production or usage data, and seize command of manufacturing software.
Additionally, in many industries, managing digital rights is essential since the black market sale of copies of unlicensed products bearing white labeling orauthentic branding can result in significant financial losses and harm the business's reputation. The integration of HSM adapters prevents important product information theft.
In addition, hardware security modules offer services, including PIN card processing, comprehensive key management, message authentication,and general-purpose cryptographic. Additionally, HSM adapters are also used in payment processing. A computer process orsystem validates and approves or rejects the transactions on account of the merchant using an encrypted Internet connection, in most cases as a third-party service.
In this region, China is predicted to become a prominent market for hardware secure module (HSM) adapters, owing to a sharp increase in investment by major companies and governmental organizations in security solutions to protect against cyberattacks and data breaches. Similarly, due to the pressing need for data protection, Japan is expected to have a significant demand for HSM. In addition, growth will also be fueled by the expanding use of HSMs for decryption, encryption,and key management applications by businesses across the nation. Most mid-sized and small-sized firms in Japan are switching to cloud-based HSMsince their implementation is thought to be more practical and affordable. Due to these aspects, the regional hardware security module (HSM) adaptersmarket is expanding.
The China market dominated the Asia Pacific Hardware Secure Module (HSM) Adapters Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $263.2 Million by 2028. The Japan market is estimated to grow a CAGR of 11.4% during (2022-2028). Additionally, The India market would experience a CAGR of 12.8% during (2022-2028).
Based on Industry, the market is segmented into BFSI, Retail, Transportation, Aerospace & Defense and Others. Based on Type, the market is segmented into LAN Based / Network Attached, USB Based, PCI Based and Smart Cards. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thales Group S.A., Microchip Technology, Inc., Infineon Technologies AG, Atos Group, Hewlett Packard Enterprise Company(HP Development Company L.P.), IBM Corporation, Futurex LP, STMicroelectronics N.V., Utimaco Management GmbH (SGT Capital), and Securosys SA.
Scope of the Study
By Industry
- BFSI
- Retail
- Transportation
- Aerospace & Defense
- Others
By Type
- LAN Based / Network Attached
- USB Based
- PCI Based
- Smart Cards
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Thales Group S.A.
- Microchip Technology, Inc.
- Infineon Technologies AG
- Atos Group
- Hewlett Packard Enterprise Company(HP Development Company L.P.)
- IBM Corporation
- Futurex LP
- STMicroelectronics N.V.
- Utimaco Management GmbH (SGT Capital)
- Securosys SA
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Hardware Secure Module (HSM) Adapters Market, by Industry
1.4.2 Asia Pacific Hardware Secure Module (HSM) Adapters Market, by Type
1.4.3 Asia Pacific Hardware Secure Module (HSM) Adapters Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Hardware Secure Module (HSM) Adapters Market by Industry
3.1 Asia Pacific BFSI Market by Country
3.2 Asia Pacific Retail Market by Country
3.3 Asia Pacific Transportation Market by Country
3.4 Asia Pacific Aerospace & Defense Market by Country
3.5 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Hardware Secure Module (HSM) Adapters Market by Type
4.1 Asia Pacific LAN Based / Network Attached Market by Country
4.2 Asia Pacific USB Based Market by Country
4.3 Asia Pacific PCI Based Market by Country
4.4 Asia Pacific Smart Cards Market by Country
Chapter 5. Asia Pacific Hardware Secure Module (HSM) Adapters Market by Country
5.1 China Hardware Secure Module (HSM) Adapters Market
5.1.1 China Hardware Secure Module (HSM) Adapters Market by Industry
5.1.2 China Hardware Secure Module (HSM) Adapters Market by Type
5.2 Japan Hardware Secure Module (HSM) Adapters Market
5.2.1 Japan Hardware Secure Module (HSM) Adapters Market by Industry
5.2.2 Japan Hardware Secure Module (HSM) Adapters Market by Type
5.3 India Hardware Secure Module (HSM) Adapters Market
5.3.1 India Hardware Secure Module (HSM) Adapters Market by Industry
5.3.2 India Hardware Secure Module (HSM) Adapters Market by Type
5.4 South Korea Hardware Secure Module (HSM) Adapters Market
5.4.1 South Korea Hardware Secure Module (HSM) Adapters Market by Industry
5.4.2 South Korea Hardware Secure Module (HSM) Adapters Market by Type
5.5 Singapore Hardware Secure Module (HSM) Adapters Market
5.5.1 Singapore Hardware Secure Module (HSM) Adapters Market by Industry
5.5.2 Singapore Hardware Secure Module (HSM) Adapters Market by Type
5.6 Malaysia Hardware Secure Module (HSM) Adapters Market
5.6.1 Malaysia Hardware Secure Module (HSM) Adapters Market by Industry
5.6.2 Malaysia Hardware Secure Module (HSM) Adapters Market by Type
5.7 Rest of Asia Pacific Hardware Secure Module (HSM) Adapters Market
5.7.1 Rest of Asia Pacific Hardware Secure Module (HSM) Adapters Market by Industry
5.7.2 Rest of Asia Pacific Hardware Secure Module (HSM) Adapters Market by Type
Chapter 6. Company Profiles
6.1 IBM Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional & Segmental Analysis
6.1.4 Research & Development Expenses
6.1.5 SWOT Analysis
6.2 Atos Group
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.2.4 Recent strategies and developments:
6.2.4.1 Acquisition and Mergers:
6.2.5 SWOT Analysis
6.3 Hewlett Packard Enterprise Company (HP Development Company L.P.)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 Thales Group S.A.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research and Development Expense
6.4.5 Recent strategies and developments:
6.4.5.1 Partnerships, Collaborations, and Agreements:
6.5 Microchip Technology Incorporated
6.5.1 Company overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Product Launches and Product Expansions:
6.6 Infineon Technologies AG
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 STMicroelectronics N.V.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.8 Utimaco Management GmbH (SGT Capital)
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Partnerships, Collaborations, and Agreements:
6.8.2.2 Acquisition and Mergers:
6.9 Securosys SA
6.9.1 Company Overview
6.10. Futurex LP
6.10.1 Company Overview
Companies Mentioned
- Thales Group S.A.
- Microchip Technology, Inc.
- Infineon Technologies AG
- Atos Group
- Hewlett Packard Enterprise Company (HP Development Company L.P.)
- IBM Corporation
- Futurex LP
- STMicroelectronics N.V.
- Utimaco Management GmbH (SGT Capital)
- Securosys SA
Methodology
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