Global Hardware Encryption Market 2015-2019 - Worldwide Market Size, Share, Trend, Growth, Analysis and Research Report

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About Hardware Encryption

Hardware-based techniques of protecting confidential data involve two processes: encryption and decryption. Encryption involves encoding of data into a form that is accessible to authorized users. Encoding requires an encrypting algorithm, which generates cipher text that can be read only after decryption. Decoding of confidential data requires an authorized user to type in a password or a key. In hardware-based encryption, individual processors execute the encryption and decryption processes. Encryption and decryption play a pivotal role in preventing unauthorized access to sensitive data. Encryption can help protect confidential data during storage and transmission.

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Latest analysts forecast the Global Hardware Encryption market to grow at a CAGR of 50.62 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Hardware Encryption market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of the following components:

Hardware encrypted HDDS

Hardware encrypted USB drives

In-line encryptors

The Global Hardware Encryption market is segmented as follows based on end-user:

Consumer Electronics, Communication and Network Security, MDA, Healthcare, and Enterprises

TechNavio's report, Global Hardware Encryption Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and lists growth prospects. The report includes a discussion of key vendors operating in the market.

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