COVID-19 Impact Analysis on Cloud HSM Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cloud hsm market include NetApp, Progress, Onspring, Transcend, LogicManager, Zoho, PrivIQ, Cohesity, PKWARE, ADEYA, Wrangu. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The global cloud HSM market is predicted to witness significant growth during the forecast period. The critical factor augmenting the market is the increasing demand for cloud-based HSM services as hardware security modules are expensive to acquire and laborious to maintain, which is why most organizations using HSM are switching to cloud-based solutions like Cloud HSM. It allows HSM users to outsource high-cost and complex maintenance to third parties, reducing their capital expenditure. Another chief growth factor is its ability to control and securely manage the encryption keys required by cloud applications. However, latency problems may hamper the growth of the Cloud HSM market to a certain extent in the next few years.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cloud hsm. The growth and trends of cloud hsm industry provide a holistic approach to this study.
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Market Segmentation
This section of the cloud hsm market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Applications
· Sme
· Large Enterprise
· Government
By Type
· Private Cloud
· Public Cloud
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Cloud HSM market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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According to a new market research report "Hardware Security Modules Market by Type (LAN Based, PCIE Based, USB Based), Application (Payment Processing, Authentication, PKI, Code and Document Signing, SSL), Deployment Type, Industry, and Geography - Global Forecast to 2022", The hardware security modules market was valued at USD 520.3 Million in 2016 and is expected to reach USD 1,101.2 Million by 2022, at a CAGR of 12.87% during the forecast period.Factors such as the increase in data breaches and cyberattacks, mandates for HSM manufacturers to comply with the internal and external privacy and data security regulations, and effective management of cryptographic keys are driving the growth of the hardware security modules market.
Get Free 10% Customization on this Report-https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=162277475 The USB-based/portable HSM type is expected to witness a high growth rate during the forecast periodThe market for USB-based/portable HSM is expected to grow at the highest CAGR between 2017 and 2022.
As USB-based HSMs are portable and easy to deploy without the need for any external hardware or tool, these are expected to be widely adopted in the near future.
The features such as built-in PKI, key backup, and open-source middleware tools are expected to increase the demand for USB-based HSMs during the forecast period.Browse and in-depth TOC on “Hardware Security Modules Market”69 – Tables59– Figures149 – Pages View more detailed TOC @https://www.marketsandmarkets.com/Market-Reports/hardware-security-modules-market-162277475.htmlThe market for the authentication application is expected to grow at the highest rate during the forecast periodThe use of HSMs for the authentication application can reduce fraud and protect users from internet attacks while shopping online or accessing confidential or private information through a web portal or application.
The market in Latin America is expected to grow at the highest rate during the forecast period owing to the formulation of new regulatory compliances and the adoption of modern technologies such as cloud and IoT, creating a huge opportunity for data and information security.The major players operating in the hardware security modules market include Gemalto NV (Amsterdam), Thales e-Security, Inc. (U.S.), Utimaco GmbH (Germany), International Business Machines Corporation (U.S.), FutureX (U.S.), Hewlett-Packard Enterprise Development LP (U.S.) SWIFT (Belgium), Atos SE (France), Ultra-Electronics (U.K.), and Yubico (U.S.).
Get more insight on other verticals of Semiconductor and Electronics Market Research Reports & ConsultingAbout MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
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