Hardware Security Modules Market - Top Companies and Manufacturers

Companies Dominating the Hardware Security Modules Landscape

Thales Group
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Gemalto NV
Utimaco GmbH
International Business Machines Corporation (IBM)
Futurex
Micro Focus International plc
Yubico
ATOS SE
Broadcom Inc.
OneSpan Inc.

Browse Key Market Insights with Data Illustration:

Hardware Security Modules Market Size, Growth Analysis 2037

In the News

Thales announced the launch of its new nShield XC High-Performance HSMs. The nShield XC series offers enhanced performance and scalability to address the growing demand for secure key management and cryptographic operations in cloud and hybrid environments.
Utimaco announced the expansion of its partnership with IBM Security. The collaboration aims to deliver secure cryptographic key management solutions to help organizations protect sensitive data and achieve compliance with regulatory requirements, leveraging Utimaco's HSM technology.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hardware security modules is estimated at USD 2.81 billion.

The hardware security modules market size was valued at USD 2.55 billion in 2024 and is expected to cross USD 12.33 billion by the end of 2037, registering more than 12.8% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for healthcare security will drive the market growth.

Asia Pacific industry is projected to account for largest revenue share of 38% by 2037, owing to significant rise in cyberattacks and data breaches in the region.

The major players in the market include Thales Group, Gemalto NV, Utimaco GmbH, International Business Machines Corporation (IBM), Futurex, Micro Focus International plc, Yubico, ATOS SE, Broadcom Inc., OneSpan Inc.

Hardware Security Modules Market - Top Companies and Manufacturers

Companies Dominating the Hardware Security Modules Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the hardware security modules market?

Why is the hardware security modules sector gaining traction in near future?

Which region accounted for the largest hardware security modules industry share?

Who are the major hardware security modules players?