The major difference between hardware encryption and software encryption is that in hardware based encryption, encryption and decryption processes are done by a dedicated processor on the hardware encrypted device. In software encryption, the resources of the device on which the software is installed, are used for the encrypting and decrypting the data. This makes hardware encryption much faster. Another advantage to hardware encryption is that the cryptographic key is stored in a separate inaccessible portion of memory storage, thus making it more secure than software encryption.
The global hardware encryption market revenue is expected to reach
This report also looks into the whole value chain of the hardware encryption market. It also focuses on the parent markets and the sub-markets of this industry and thus identifies the total potential market that can be tapped by hardware encryption. The market penetration of hardware encrypted HDDs into this TAM stands at 20.07% in 2013 and is expected to grow to 69.05% by 2018. Similarly, the market penetration of hardware encrypted USB drives into this TAM stands at 33.17% in 2013 and is expected to grow to 63.81% by 2018.
The report, based on an extensive research study of the global market and the related semiconductor and products industries, is aimed at identifying the entire market of hardware based encryption systems in all the applications. The report covers the overall market and sub-segment markets through extensively detailed classifications, in terms of both - revenue and shipments.
Hardware Encryption Industry Revenue Breakdown (With Forecasts)
The sub-market of the hardware encryption market considered in this section is the semiconductors market for hardware based encryption chipsets. The semiconductor market is currently estimated to be around
This report is focused on giving a birdís eye-view of the complete hardware encryption industry with regards to the products market with detailed market segmentations; combined with qualitative analysis at each and every aspect of the classifications done by semiconductors, products, applications, sub-applications, verticals and geography. All the numbers, both - revenue & volume, at every level of detail, are forecast till 2018 to give a glimpse of the potential revenue base in this market.
In this report, the global hardware encryption market is fully segmented into the following categories and the industry trends also covered, by the following aspects:
Most Popular Stories
- Bipartisan Budget Deal Gets Key Support in House
- Bitcoin Clones Lurch Onto Financial Scene
- Clinton to Keynote Annual Simmons Leadership Conference
- GM to Stop Making Autos in Australia
- Selena Gomez, Shakira Among Top Hispanic Searches
- PhD Project Grooms Business Profs
- How Bitcoin and Other Cryptocurrencies Work
- It's Primary Time in Texas
- How to Survive a Subzero Stranding
- Pacific Trade Pact Delay Hinders U.S. Pivot to Asia