What is Encrypted Hard Drive Market Scope?
Encrypted Hard Drive uses rapid encryption to enhance data security and management. It is a new class of hard drives that are self-encrypting at a hardware level and allow for full disk hardware encryption. Encrypted hard drive market is expected to grow in the future due to rising demand for strong security of data and lower cost of the drive.
Encrypted Hard Drive Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Data Security Concerns among Enterprises
- Expansion of Digital Content
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Influencing Trends | - Adoption of Encryption Software
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Restraints | - Limited Use of Encrypted Devices in Some Countries
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Road Blocks / Challenges | - Lack of Awareness in Developing countries
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Gaps & Opportunities | - Technology Advancement in Encrypted Hard Drive
- Upsurging Demand for Integrated Data Protection Solutions from SME's
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The Encrypted Hard Drive market study is being classified, by Application and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Encrypted Hard Drive market throughout the predicted period.
Kingston Technology Corporation (United States), Western Digital Corporation (United States), SanDisk (United States), LaCie (France), Kanguru Solutions (United States), Transcend Information, Inc. (Taiwan), Seagate Technology PLC (United States), DataLocker Inc. (United States), Apricorn Inc.(United States) and Integral Memory plc. (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are iStorage Ltd. (United Kingdom) and Axiom Memory Solutions (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Encrypted Hard Drive market by Type, Application and Region.
On the basis of geography, the market of Encrypted Hard Drive has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In Feb 2018, Kangur announced its new partnership with Ci Distribution. Kanguru new partnership with Ci Distribution to provide security-conscious organisations in the United Kingdom with the best in USB data security solutions.
In Dec 2019, Kanguru announces the launch of the world’s first OS Agnostic, Fingerprint Access Hardware Encrypted Flash Drive with remote management capability., and Sept 2019, Western Digital Corp. introduced the refreshed WD®-brand My Passport™ and My Passport for Mac drives. The award-winning My Passport line now features the slimmest 5TB portable hard drive in the WD brand portfolio at just 0.75 in (19.15mm) thick.
Key Target Audience
Encrypted Hard Drive Provider, Potential Investors, IT Industry and Research Organisation
Encrypted Hard Drive Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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