global hardware encryption market 2015-2019
TRANSCRIPT
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Global Hardware Encryption Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
TechNavio’s Senior Analyst says,“Despite the presence of several challenges, the Global Hardware Encryption market is expected to witness significant growth during the forecast period because of the emergence of certain positive trends. One such trend is the adoption of cloud-based encryption. Cloud-based encryption is cost-effective because it avoids the cost of replacing and upgrading hardware encrypted devices. ”
• There are two hardware-based techniques for protecting confidential data: encryption and decryption. Encryption is a process that involves encoding data into a form that is accessible only to authorized users. The process of encoding data requires an encrypting algorithm, which generates ciphertext that can be read only after decryption.
• The Global Hardware Encryption market is expected to witness significant growth during the period 2015-2019 and grow at a CAGR of 50.62 percent.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Hardware Encryption Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global Hardware Encryption Market 2015-2019
Micron Technology Inc.
Samsung Electronics Co. Ltd.
Seagate Technology LLC
Micron Technology is a global manufacturer of storage devices, semiconductor devices, packaging solutions, and other memory technologies. The solutions provided by the company are used in computing, networking, automotive, industrial, embedded, and mobile products. Storage products include flash memory and DRAM.
Samsung, together with its subsidiaries, is engaged in consumer IT, home appliances and mobile communications, and device solutions businesses worldwide.
Seagate provides a number of data storage products for enterprises and individual consumers. The storage products address the needs of enterprise applications such as enterprise servers, workstations, mainframes, and client computer applications. Storage devices can be used with notebooks and desktops.
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Market Landscape
• The Global Hardware Encryption market is expected to experience growth in its YoY revenue generated from sales of hardware encryption devices during the forecast period.
• The increase in instances of data leakage and data theft is detrimental to the reputation of an organization.
• Thus, encrypted hardware storage devices are gaining momentum.
• They are important not only for large enterprises, but also for SMEs, individual consumers, and government organizations.
• Advances in technology have given end-users the option of shifting toward safer and more portable methods of securing and storing data.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Cost
Hardware encryption solutions should be easily affordable for enterprises
Performance Hardware encryption solutions should be scalable, flexible, and interoperable
SecurityThe level of security provided by hardware encryption solutions should be high to avoid data theft
User-friendliness
Hardware encryption solutions should be user-friendly
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Hardware Encryption Market 2015-2019
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