Global Hardware Security Modules Market Size & Outlook
The hardware security modules industry worldwide is expected to reach a projected revenue of US$ 4,353.1 million by 2030. A compound annual growth rate of 16.8% is expected of the worldwide hardware security modules industry from 2025 to 2030.
Revenue, 2024 (US$M)
$1,755.5
Forecast, 2030 (US$M)
$4,353.1
CAGR, 2025 - 2030
16.8%
Report Coverage
Worldwide
Global hardware security modules market, 2018-2030 (US$M)
Global hardware security modules market highlights
- The global hardware security modules market generated a revenue of USD 1,559.0 million in 2023 and is expected to reach USD 4,353.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 15.8% by 2030.
- In terms of segment, lan based accounted for a revenue of USD 1,559.0 million in 2023.
- LAN Based is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,559.0 million |
| Market revenue in 2030 | USD 4,353.2 million |
| Growth rate | 15.8% (CAGR from 2023 to 2030) |
| Largest segment | Lan based |
| Fastest growing segment | LAN Based |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LAN Based |
Other key industry trends
- In terms of revenue, the North America accounted for 35.7% of the global hardware security modules market in 2023.
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Hardware Security Modules Market Scope
Hardware security modules market segmentation & scope
Payment Processing
Authentication
Public Key Infrastructure (PKI) Management
Database Encryption
IoT Security
Others
BFSI
Government
Healthcare and Life Sciences
Retail and Consumer Products
Technology and Communication
Industrial and Manufacturing
Automotive
Other
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
India
Japan
Australia
South Korea
Brazil
UAE
South Africa
Saudi Arabia
Hardware Security Modules Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hardware security modules market size, by regions, 2018-2030 (US$M)
Related regional statistics
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