Hardware Security Modules Companies

  • Report ID: 5119
  • Published Date: May 12, 2025
  • Report Format: PDF, PPT

Companies Dominating the Hardware Security Modules Landscape

    The leading companies in the hardware security modules sector are employing various organic and inorganic marketing strategies such as new product launches, technological innovations, strategic partnerships & collaborations, global expansion, and mergers & acquisitions to increase their revenue shares and reach. The sales of hardware security modules are mainly led by Europe and America-based producers. The know-how strategy is helping them to uplift their market position in the competitive landscape.

    List of key players operating in the global market

    Company Name

    Country of Origin

    Revenue Share 2024

    Thales Group (Thales DIS CPL)

    France

    32.7%

    Entrust Corporation

    USA

    21.5%

    UTIMACO GmbH

    Germany

    10.7%

    Futurex LP

    USA

    5.5%

    Atos SE (BullTrust)

    France

    3.9%

    Securosys SA

    Switzerland

    XX%

    Crypto Workshop Pty Ltd (acq. by ForgeRock)

    Australia

    XX%

    Samsung SDS

    South Korea

    XX%

    eSec Forte Technologies

    India

    XX%

    SecureMetric Technology Sdn Bhd

    Malaysia

    XX%

     

    Below are the areas covered for each company in the hardware security modules market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The global hardware security modules market will be valued at USD 1.8 billion in 2025.

Expanding at a CAGR of 9.8%, the global market is expected to increase from USD 1.7 billion in 2024 to USD 5.5 billion by 2037.

Some leading companies are Thales Group, Entrust Corporation, UTIMACO GmbH, Futurex LP, and Atos SE (BullTrust).

The cloud-based segment is estimated to capture a high 64.5% of the market share through 2037.

North America is expected to hold 39.1% of the global market share through 2037.
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