The Europe Hardware Security Modules Market would witness market growth of 12.0% CAGR during the forecast period (2022-2028).
The modules may be written using C, NET, Java, or more programming languages. In addition, future HSMs of the next generation are capable of handling more sophisticated tasks, such as loading and executing whole operating systems or COTS software, without needing customization or reprogramming. These unorthodox designs surpass the design and performance limits of standard HSMs. In addition to safeguarding application-specific code, such execution engines safeguard the FIPS or Common Criteria validation status of an HSM.
HSMs and/or the cryptographic modules are often certified to globally recognized standards, including Common Criteria or FIPS 140, in order to give independent assurance to customers that the product's design and implementation are secure. Security Degree 4 is the highest level of certification achievable for FIPS 140 security.
In applications for financial payments, the security of an HSM is frequently evaluated against the HSM standards. Any program that utilizes digital keys may incorporate a hardware security module. Typically, the credentials would be of great value, meaning that if they were compromised, the owner would suffer severe consequences. Any program that utilizes digital keys may incorporate a hardware security module.
The European hardware security module market is estimated to grow significantly in the coming years, majorly owing to the presence of a significant number of market players operating within the region. The region offers a substantial untapped market for hardware security modules. The European Union-funded E-Safety Vehicle Intrusion Protected Applications (EVITA) project was an automotive cybersecurity initiative that sought to fortify the automotive on-board network's rigidity and resistance to threats and malware from emerging V2X applications in addition to physical attacks made possible by attackers' ability to gain physical access to vehicles in a public environment.
The Germany market dominated the Europe Hardware Security Modules Market by Country in 2021; thereby, achieving a market value of $171.3 million by 2028. The UK market is exhibiting a CAGR of 11.1% during (2022 - 2028). Additionally, The France market would experience a CAGR of 12.9% during (2022 - 2028).
Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Application, the market is segmented into Payment Processing, Authentication, Database Encryption, Code & Document Signing, Application-level encryption, PKI & Credential Management, and Security Sockets Layer (SSL) & Transport Security Layer (TSL). Based on Type, the market is segmented into LAN Based/ Network Attached, PCI-Based/ Embedded Pluggins, and USB Based/ Portable & Smart Cards. Based on Vertical, the market is segmented into BFSI, Public Sector/ Government, Aerospace & Defense, and Medical & Life Sciences. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hardware Security Modules Market will Hit $2.2 Billion by 2028, at a CAGR of 12.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Amazon.com, Inc., IBM Corporation, Microchip Technology, Inc., Thales Group S.A., Atos Group, Futurex LP, STMicroelectronics N.V., Lattice Semiconductor Corporation and Infineon Technologies AG
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
By Application
- Payment Processing
- Authentication
- Database Encryption
- Code & Document Signing
- Application-level encryption
- PKI & Credential Management
- Security Sockets Layer (SSL) & Transport Security Layer (TSL)
By Type
- LAN Based/ Network Attached
- PCI-Based/ Embedded Pluggins
- USB Based/ Portable & Smart Cards
By Vertical
- BFSI
- Public Sector/ Government
- Aerospace & Defense
- Medical & Life Sciences
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Amazon.com, Inc.
- IBM Corporation
- Microchip Technology, Inc.
- Thales Group S.A.
- Atos Group
- Futurex LP
- STMicroelectronics N.V.
- Lattice Semiconductor Corporation
- Infineon Technologies AG
TABLE 1 Europe Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 2 Europe Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 3 Europe Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 4 Europe Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 5 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe On-premise Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe On-premise Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 10 Europe Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 11 Europe Payment Processing Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Payment Processing Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Authentication Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Authentication Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Database Encryption Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Database Encryption Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Code & Document Signing Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Code & Document Signing Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Application-level encryption Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Application-level encryption Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe PKI & Credential Management Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe PKI & Credential Management Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Security Sockets Layer (SSL) & Transport Security Layer (TSL) Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Security Sockets Layer (SSL) & Transport Security Layer (TSL) Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 26 Europe Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 27 Europe LAN Based/ Network Attached Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe LAN Based/ Network Attached Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe PCI-Based/ Embedded Pluggins Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe PCI-Based/ Embedded Pluggins Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe USB Based/ Portable & Smart Cards Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe USB Based/ Portable & Smart Cards Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 34 Europe Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 35 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Public Sector/ Government Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Public Sector/ Government Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe Medical & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Medical & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Industrial Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Industrial Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Power & Energy Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Power & Energy Market by Country, 2022 - 2028, USD Million
TABLE 49 Europe IT & Telecommunications Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe IT & Telecommunications Market by Country, 2022 - 2028, USD Million
TABLE 51 Europe Transportation Market by Country, 2018 - 2021, USD Million
TABLE 52 Europe Transportation Market by Country, 2022 - 2028, USD Million
TABLE 53 Europe Hardware Security Modules Market by Country, 2018 - 2021, USD Million
TABLE 54 Europe Hardware Security Modules Market by Country, 2022 - 2028, USD Million
TABLE 55 Germany Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 56 Germany Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 57 Germany Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 58 Germany Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 59 Germany Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 60 Germany Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 61 Germany Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 62 Germany Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 63 Germany Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 64 Germany Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 65 UK Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 66 UK Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 67 UK Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 68 UK Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 69 UK Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 70 UK Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 71 UK Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 72 UK Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 73 UK Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 74 UK Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 75 France Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 76 France Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 77 France Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 78 France Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 79 France Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 80 France Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 81 France Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 82 France Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 83 France Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 84 France Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 85 Russia Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 86 Russia Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 87 Russia Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 88 Russia Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 89 Russia Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 90 Russia Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 91 Russia Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 92 Russia Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 93 Russia Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 94 Russia Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 95 Spain Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 96 Spain Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 97 Spain Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 98 Spain Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 99 Spain Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 100 Spain Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 101 Spain Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 102 Spain Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 103 Spain Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 104 Spain Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 105 Italy Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 106 Italy Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 107 Italy Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 108 Italy Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 109 Italy Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 110 Italy Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 111 Italy Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 112 Italy Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 113 Italy Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 114 Italy Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 115 Rest of Europe Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 116 Rest of Europe Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 117 Rest of Europe Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 118 Rest of Europe Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 119 Rest of Europe Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 120 Rest of Europe Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 121 Rest of Europe Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 122 Rest of Europe Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 123 Rest of Europe Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 124 Rest of Europe Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 125 key information – Microsoft Corporation
TABLE 126 Key Information – Amazon.com, Inc.
TABLE 127 Key information – IBM Corporation
TABLE 128 key information – Atos Group
TABLE 129 Key Information – STMicroelectronics N.V.
TABLE 130 Key Information – Infineon Technologies AG
TABLE 131 Key Information – Microchip Technology, Inc.
TABLE 132 key information – Thales Group S.A.
TABLE 133 Key Information – Lattice Semiconductor Corporation
TABLE 134 Key Information – Futurex LP
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 SWOT Analysis: Microsoft Corporation
FIG 4 SWOT analysis: Amazon.com, Inc.
FIG 5 Swot analysis: IBM Corporation
FIG 6 SWOT Analysis: Atos Group
FIG 7 Swot analysis: stmicroelectronics n.v.
FIG 8 Swot analysis: INFINEON TECHNOLOGIES AG