Encrypted Hard Drive Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Encrypted Hard Drives are another class of hard drives that are self-encrypting at a hardware level and take into account full plate hardware encryption. Windows can install to Encrypted Hard Drives without extra alteration starts with Windows 8 and Windows Server 2012. Encrypted Hard Drive utilizes fast encryption that is given by BitLocker Drive Encryption to upgrade information security and the board. By offloading the cryptographic tasks to equipment, Encrypted Hard Drives increment BitLocker execution and diminish CPU and power usage.
Encrypted Hard Drives encode information rapidly undertaking gadgets that can extend BitLocker arrangement with a negligible effect on profitability.
Encrypted Hard Drive Market Growth and Trends
Encrypted Hard Drive Market Regional Analysis
With the reduction in the cost of hardware devices and rising volumes over media data transfer, the global encrypted hard drive market is expected to navigate its way with steady growth across the globe. North America is expected to be a regional spectator of being the leading market size with growth in the number of mobile and laptop users. The Asia Pacific region is expected to grow hotfooted in the market with increasing demand for faster, reliable, and high data space encrypted hard drives. Europe is estimated to witness a segmented growth with increasing concerns for an encrypted device that stores critical data and information for the users. The Middle East and Africa are imagined to be an establishing market with cost-effective and highly encrypted algorithm based device in the market.
Encrypted Hard Drive Market Share and Competition
Key companies operating in this industry are: Kingston, Western Digital, SanDisk, LaCie, Kanguru Solutions, Transcend Information, Seagate, Datalocker, Apricorn, Integral Memory, iStorage, Verbatim and Axiom Memory Solutions.
Encrypted Hard Drive Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Above 5T
Application Analysis (Revenue, USD Million, 2020 - 2027)
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Encrypted Hard Drive Market Companies
• Western Digital
• Kanguru Solutions
• Transcend Information
• Integral Memory
• Axiom Memory Solutions
United States Encrypted Hard Drive Market Research Report
Europe Encrypted Hard Drive Market Research Report
Asia Pacific Encrypted Hard Drive Market Research Report
India Encrypted Hard Drive Market Research Report