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New report locks down the hardware-based encryption market

New report locks down the hardware-based encryption market

To protect against data breach incidents, many consumers and business owners use encryption tools. There are two types of encryption tools: software and hardware based. This report takes a closer look at the global hardware-based encryption market.

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Statistics show almost 179 million database records were exposed in 2017. As data breaches become more common, business owners and consumer will continue to seek new ways to protect their data from exposure. While there are numerous ways to safeguard against data breaches, one of the most effective involves hardware-based full disk encryption.

Like with other encryption methods, hardware-based full disk encryption uses cryptography to turn readable data, such as credit card numbers and Social Security numbers, into unreadable data.

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Data that's encrypted can technically still be leaked or accessed. However, encryption makes the data unreadable, so anyone who accesses it won't be able to use it.

Hardware-based full disk encryption specifically refers to encryption tools or solutions that use hardware to encrypt all the data on a disk. In other words, hardware-based full-disk encryption doesn't rely on software, and users won't be able to choose specific parts of data on a disk to encrypt. Rather, it encrypts all the data on a specific disk using hardware.

When compared to software-based encryption, hardware-based solutions are considered more effective. Since they encrypt data using physical components, they can't be compromised as easily as software-based solutions. Therefore, many business owners and consumers use hardware-based encryption for their computers and devices.

Hardware-based full disk encryption is just one of many ways to protect against data loss. Considering it's superior level of performance that virtually eliminates the risk of data theft, though, it's expected to become more popular in the years to come.

The Global Hardware-based Full Disk Encryption Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 report by Orian Research is a comprehensive study of the global hardware-based full-disk encryption market. Featuring 117 pages, it explores this fast-growing IT sector, offering insights into its current and future status.

This report segments the hardware-based encryption market by several criteria. On the basis of geographic region, the market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa. On the basis of product type, the market is segmented into hard disk drive (HDD) FDE and solid state drives (SSD) FDE. On the basis of end-user application, the market is segmented into IT & telecom, BFSI, government & public utilities, manufacturing enterprise and others.

This report focuses on the Hardware-based Full Disk Encryption in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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