The Latin America, Middle East and Africa Hardware Security Modules Market would witness market growth of 16.7% CAGR during the forecast period (2022-2028).
HSMs may have tamper-resistant or tamper-proof features. For instance, hardware security modules may display logging and alerting indicators or become dysfunctional if tampered with. Upon detecting tampering, various HSMs may erase keys. To prevent bus probing or manipulation, hardware security modules are typically equipped by tamper obvious, tamper resistant, or tamper responsive packaging and comprise one or more crypto processor chips or perhaps a module including a mix of chips.
HSMs are frequently a part of mission-critical infrastructures, such as an online banking service or a public key infrastructure, and can thus be clustered for high availability. Some hardware security modules facilitate business continuity and meet the high-availability needs of data center settings. Performance-critical applications that must use HTTPS (SSL/TLS) might benefit from the usage of an SSL Acceleration HSM by offloading the RSA operations, which need several big integer multiplications, from the CPU to the HSM.
Typical HSM devices may execute between one and ten thousand 1024-bit RSA operations per second. The importance of performance with longer key sizes is rising. In order to alleviate this issue, certain HSMs now offer ECC. Specialized HSM devices may do 20,000 operations per second or more. Private keys for cryptocurrencies can be saved on an HSM in a cryptocurrency wallet. HSMs are used by a growing number of registries to store the key material necessary to sign massive zone files. Open DNSSEC is an open-source application that manages DNS zone file signing.
The utilization of the internet is expanding in the region. Because Africa has traditionally lacked economic infrastructure, such as telecom landlines, banks, etc., the idea of success in this sector is based mostly on technological advances that do occur inside the region. The International Trade Administration estimates that by 2025, Africa will have more than 500 million online buyers, creating a market with a compound annual growth rate of 17%. By 2021, 69% of all web traffic in Africa was driven by mobile devices, and by 2040, it is anticipated that mobile devices would dominate almost the entire market in the region.
The Brazil market dominated the LAMEA Hardware Security Modules Market by Country in 2021; thereby, achieving a market value of $45.9 million by 2028. The Argentina market is showcasing a CAGR of 17.4% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 16.4% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Hardware Security Modules Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Cloud Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Cloud Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA On-premise Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA On-premise Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 10 LAMEA Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 11 LAMEA Payment Processing Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Payment Processing Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Authentication Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Authentication Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Database Encryption Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Database Encryption Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Code & Document Signing Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Code & Document Signing Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Application-level encryption Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Application-level encryption Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA PKI & Credential Management Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA PKI & Credential Management Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Security Sockets Layer (SSL) & Transport Security Layer (TSL) Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Security Sockets Layer (SSL) & Transport Security Layer (TSL) Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 26 LAMEA Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 27 LAMEA LAN Based/ Network Attached Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA LAN Based/ Network Attached Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA PCI-Based/ Embedded Pluggins Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA PCI-Based/ Embedded Pluggins Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA USB Based/ Portable & Smart Cards Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA USB Based/ Portable & Smart Cards Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 34 LAMEA Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 35 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Public Sector/ Government Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Public Sector/ Government Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Medical & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Medical & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Industrial Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Industrial Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 47 LAMEA Power & Energy Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Power & Energy Market by Country, 2022 - 2028, USD Million
TABLE 49 LAMEA IT & Telecommunications Market by Country, 2018 - 2021, USD Million
TABLE 50 LAMEA IT & Telecommunications Market by Country, 2022 - 2028, USD Million
TABLE 51 LAMEA Transportation Market by Country, 2018 - 2021, USD Million
TABLE 52 LAMEA Transportation Market by Country, 2022 - 2028, USD Million
TABLE 53 LAMEA Hardware Security Modules Market by Country, 2018 - 2021, USD Million
TABLE 54 LAMEA Hardware Security Modules Market by Country, 2022 - 2028, USD Million
TABLE 55 Brazil Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 56 Brazil Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 57 Brazil Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 58 Brazil Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 59 Brazil Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 60 Brazil Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 61 Brazil Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 62 Brazil Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 63 Brazil Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 64 Brazil Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 65 Argentina Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 66 Argentina Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 67 Argentina Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 68 Argentina Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 69 Argentina Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 70 Argentina Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 71 Argentina Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 72 Argentina Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 73 Argentina Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 74 Argentina Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 75 UAE Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 76 UAE Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 77 UAE Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 78 UAE Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 79 UAE Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 80 UAE Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 81 UAE Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 82 UAE Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 83 UAE Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 84 UAE Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 87 Saudi Arabia Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 88 Saudi Arabia Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 89 Saudi Arabia Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 90 Saudi Arabia Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 91 Saudi Arabia Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 92 Saudi Arabia Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 93 Saudi Arabia Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 94 Saudi Arabia Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 95 South Africa Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 96 South Africa Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 97 South Africa Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 98 South Africa Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 99 South Africa Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 100 South Africa Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 101 South Africa Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 102 South Africa Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 103 South Africa Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 104 South Africa Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 105 Nigeria Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 106 Nigeria Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 107 Nigeria Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 108 Nigeria Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 109 Nigeria Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 110 Nigeria Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 111 Nigeria Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 112 Nigeria Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 113 Nigeria Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 114 Nigeria Hardware Security Modules Market by Vertical, 2022 - 2028, USD Million
TABLE 115 Rest of LAMEA Hardware Security Modules Market, 2018 - 2021, USD Million
TABLE 116 Rest of LAMEA Hardware Security Modules Market, 2022 - 2028, USD Million
TABLE 117 Rest of LAMEA Hardware Security Modules Market by Deployment Type, 2018 - 2021, USD Million
TABLE 118 Rest of LAMEA Hardware Security Modules Market by Deployment Type, 2022 - 2028, USD Million
TABLE 119 Rest of LAMEA Hardware Security Modules Market by Application, 2018 - 2021, USD Million
TABLE 120 Rest of LAMEA Hardware Security Modules Market by Application, 2022 - 2028, USD Million
TABLE 121 Rest of LAMEA Hardware Security Modules Market by Type, 2018 - 2021, USD Million
TABLE 122 Rest of LAMEA Hardware Security Modules Market by Type, 2022 - 2028, USD Million
TABLE 123 Rest of LAMEA Hardware Security Modules Market by Vertical, 2018 - 2021, USD Million
TABLE 124 Rest of LAMEA 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