Share this article
Share this article
ResearchAndMarkets.com's offering.
We bring years of research experience to this 9th edition of our report. The 174-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Hardware Security Modules Market to Reach $1.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Hardware Security Modules estimated at US$730.7 Million in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 12.2% over the analysis period 2020-2027.
LAN-based/Network-attached, one of the segments analyzed in the report, is projected to record a 12% CAGR and reach US$675.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the USB-based segment is readjusted to a revised 12.8% CAGR for the next 7-year period.