The Latin America, Middle East and Africa Hardware Secure Module (HSM) Adapters Market would witness market growth of 14.8% CAGR during the forecast period (2022-2028).
Electronic or digital transactions are becoming more prevalent across various industries. Security procedures must be properly adhered to stop fraud. HSM adapters are also employed in securing electronic fund transfers (EFT) and PINs. These devices often have more limited communication interfaces than HSMs for common usage, and they typically provide cryptographic functionality for the payment systems of the majority of card brands.
The use of cloud systems as well as cloud-based services, is expected to witness an increase in the coming years, which has also enhanced the use of cloud-based HSM. This is mainly because of its capacity for cryptographic operations and ability to grant clients complete control over keys through the division of roles. Users of cloud-based HSMs can swiftly scale by adding and withdrawing HSM capacity as needed, all without incurring any upfront fees.
The region is seeing an increase in internet usage. Since banks, telecom landlines, and other forms of financial infrastructure have historically been lacking in Africa, the notion of success in this industry is largely dependent on technological advancements that do take place there. Africa will have more than 500 million online shoppers by 2025, according to the International Trade Administration. Mobile devices will account for 69% of all online traffic in Africa by 2021, and by 2040, it is predicted that they will control practically all of the market there. Africa will use mobile internet 13% more frequently than the rest of the world by 2021. In the upcoming years, it is projected that the region's rising internet and mobile phone usage, as well as the growing BFSI sector, will accelerate the demand for stronger security measures, propelling regional market expansion.
The Brazil market dominated the LAMEA Hardware Secure Module (HSM) Adapters Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $43 Million by 2028. The Argentina market is experiencing a CAGR of 15.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 14.5% during (2022 - 2028).
Based on Industry, the market is segmented into BFSI, Retail, Transportation, Aerospace & Defense and Others. Based on Type, the market is segmented into LAN Based / Network Attached, USB Based, PCI Based and Smart Cards. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Hardware Secure Module (HSM) Adapters Market is Predict to reach $2.4 Billion by 2028, at a CAGR of 11.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thales Group S.A., Microchip Technology, Inc., Infineon Technologies AG, Atos Group, Hewlett Packard Enterprise Company(HP Development Company L.P.), IBM Corporation, Futurex LP, STMicroelectronics N.V., Utimaco Management GmbH (SGT Capital), and Securosys SA.
Scope of the Study
Market Segments Covered in the Report:
By Industry
- BFSI
- Retail
- Transportation
- Aerospace & Defense
- Others
By Type
- LAN Based / Network Attached
- USB Based
- PCI Based
- Smart Cards
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Thales Group S.A.
- Microchip Technology, Inc.
- Infineon Technologies AG
- Atos Group
- Hewlett Packard Enterprise Company(HP Development Company L.P.)
- IBM Corporation
- Futurex LP
- STMicroelectronics N.V.
- Utimaco Management GmbH (SGT Capital)
- Securosys SA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Hardware Secure Module (HSM) Adapters Market, by Industry
1.4.2 LAMEA Hardware Secure Module (HSM) Adapters Market, by Type
1.4.3 LAMEA Hardware Secure Module (HSM) Adapters Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Hardware Secure Module (HSM) Adapters Market by Industry
3.1 LAMEA BFSI Market by Country
3.2 LAMEA Retail Market by Country
3.3 LAMEA Transportation Market by Country
3.4 LAMEA Aerospace & Defense Market by Country
3.5 LAMEA Others Market by Country
Chapter 4. LAMEA Hardware Secure Module (HSM) Adapters Market by Type
4.1 LAMEA LAN Based / Network Attached Market by Country
4.2 LAMEA USB Based Market by Country
4.3 LAMEA PCI Based Market by Country
4.4 LAMEA Smart Cards Market by Country
Chapter 5. LAMEA Hardware Secure Module (HSM) Adapters Market by Country
5.1 Brazil Hardware Secure Module (HSM) Adapters Market
5.1.1 Brazil Hardware Secure Module (HSM) Adapters Market by Industry
5.1.2 Brazil Hardware Secure Module (HSM) Adapters Market by Type
5.2 Argentina Hardware Secure Module (HSM) Adapters Market
5.2.1 Argentina Hardware Secure Module (HSM) Adapters Market by Industry
5.2.2 Argentina Hardware Secure Module (HSM) Adapters Market by Type
5.3 UAE Hardware Secure Module (HSM) Adapters Market
5.3.1 UAE Hardware Secure Module (HSM) Adapters Market by Industry
5.3.2 UAE Hardware Secure Module (HSM) Adapters Market by Type
5.4 Saudi Arabia Hardware Secure Module (HSM) Adapters Market
5.4.1 Saudi Arabia Hardware Secure Module (HSM) Adapters Market by Industry
5.4.2 Saudi Arabia Hardware Secure Module (HSM) Adapters Market by Type
5.5 South Africa Hardware Secure Module (HSM) Adapters Market
5.5.1 South Africa Hardware Secure Module (HSM) Adapters Market by Industry
5.5.2 South Africa Hardware Secure Module (HSM) Adapters Market by Type
5.6 Nigeria Hardware Secure Module (HSM) Adapters Market
5.6.1 Nigeria Hardware Secure Module (HSM) Adapters Market by Industry
5.6.2 Nigeria Hardware Secure Module (HSM) Adapters Market by Type
5.7 Rest of LAMEA Hardware Secure Module (HSM) Adapters Market
5.7.1 Rest of LAMEA Hardware Secure Module (HSM) Adapters Market by Industry
5.7.2 Rest of LAMEA Hardware Secure Module (HSM) Adapters Market by Type
Chapter 6. Company Profiles
6.1 IBM Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional & Segmental Analysis
6.1.4 Research & Development Expenses
6.1.5 SWOT Analysis
6.2 Atos Group
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.2.4 Recent strategies and developments:
6.2.4.1 Acquisition and Mergers:
6.2.5 SWOT Analysis
6.3 Hewlett Packard Enterprise Company (HP Development Company L.P.)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 Thales Group S.A.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research and Development Expense
6.4.5 Recent strategies and developments:
6.4.5.1 Partnerships, Collaborations, and Agreements:
6.5 Microchip Technology Incorporated
6.5.1 Company overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Product Launches and Product Expansions:
6.6 Infineon Technologies AG
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 STMicroelectronics N.V.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.8 Utimaco Management GmbH (SGT Capital)
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Partnerships, Collaborations, and Agreements:
6.8.2.2 Acquisition and Mergers:
6.9 Securosys SA
6.9.1 Company Overview
6.10. Futurex LP
6.10.1 Company Overview
TABLE 1 LAMEA Hardware Secure Module (HSM) Adapters Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Hardware Secure Module (HSM) Adapters Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Hardware Secure Module (HSM) Adapters Market by Industry, 2018 - 2021, USD Million
TABLE 4 LAMEA Hardware Secure Module (HSM) Adapters Market by Industry, 2022 - 2028, USD Million
TABLE 5 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Retail Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Retail Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Transportation Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Transportation Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Hardware Secure Module (HSM) Adapters Market by Type, 2018 - 2021, USD Million
TABLE 16 LAMEA Hardware Secure Module (HSM) Adapters Market by Type, 2022 - 2028, USD Million
TABLE 17 LAMEA LAN Based / Network Attached Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA LAN Based / Network Attached Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA USB Based Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA USB Based Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA PCI Based Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA PCI Based Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Smart Cards Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Smart Cards Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Hardware Secure Module (HSM) Adapters Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Hardware Secure Module (HSM) Adapters Market by Country, 2022 - 2028, USD Million
TABLE 27 Brazil Hardware Secure Module (HSM) Adapters Market, 2018 - 2021, USD Million
TABLE 28 Brazil Hardware Secure Module (HSM) Adapters Market, 2022 - 2028, USD Million
TABLE 29 Brazil Hardware Secure Module (HSM) Adapters Market by Industry, 2018 - 2021, USD Million
TABLE 30 Brazil Hardware Secure Module (HSM) Adapters Market by Industry, 2022 - 2028, USD Million
TABLE 31 Brazil Hardware Secure Module (HSM) Adapters Market by Type, 2018 - 2021, USD Million
TABLE 32 Brazil Hardware Secure Module (HSM) Adapters Market by Type, 2022 - 2028, USD Million
TABLE 33 Argentina Hardware Secure Module (HSM) Adapters Market, 2018 - 2021, USD Million
TABLE 34 Argentina Hardware Secure Module (HSM) Adapters Market, 2022 - 2028, USD Million
TABLE 35 Argentina Hardware Secure Module (HSM) Adapters Market by Industry, 2018 - 2021, USD Million
TABLE 36 Argentina Hardware Secure Module (HSM) Adapters Market by Industry, 2022 - 2028, USD Million
TABLE 37 Argentina Hardware Secure Module (HSM) Adapters Market by Type, 2018 - 2021, USD Million
TABLE 38 Argentina Hardware Secure Module (HSM) Adapters Market by Type, 2022 - 2028, USD Million
TABLE 39 UAE Hardware Secure Module (HSM) Adapters Market, 2018 - 2021, USD Million
TABLE 40 UAE Hardware Secure Module (HSM) Adapters Market, 2022 - 2028, USD Million
TABLE 41 UAE Hardware Secure Module (HSM) Adapters Market by Industry, 2018 - 2021, USD Million
TABLE 42 UAE Hardware Secure Module (HSM) Adapters Market by Industry, 2022 - 2028, USD Million
TABLE 43 UAE Hardware Secure Module (HSM) Adapters Market by Type, 2018 - 2021, USD Million
TABLE 44 UAE Hardware Secure Module (HSM) Adapters Market by Type, 2022 - 2028, USD Million
TABLE 45 Saudi Arabia Hardware Secure Module (HSM) Adapters Market, 2018 - 2021, USD Million
TABLE 46 Saudi Arabia Hardware Secure Module (HSM) Adapters Market, 2022 - 2028, USD Million
TABLE 47 Saudi Arabia Hardware Secure Module (HSM) Adapters Market by Industry, 2018 - 2021, USD Million
TABLE 48 Saudi Arabia Hardware Secure Module (HSM) Adapters Market by Industry, 2022 - 2028, USD Million
TABLE 49 Saudi Arabia Hardware Secure Module (HSM) Adapters Market by Type, 2018 - 2021, USD Million
TABLE 50 Saudi Arabia Hardware Secure Module (HSM) Adapters Market by Type, 2022 - 2028, USD Million
TABLE 51 South Africa Hardware Secure Module (HSM) Adapters Market, 2018 - 2021, USD Million
TABLE 52 South Africa Hardware Secure Module (HSM) Adapters Market, 2022 - 2028, USD Million
TABLE 53 South Africa Hardware Secure Module (HSM) Adapters Market by Industry, 2018 - 2021, USD Million
TABLE 54 South Africa Hardware Secure Module (HSM) Adapters Market by Industry, 2022 - 2028, USD Million
TABLE 55 South Africa Hardware Secure Module (HSM) Adapters Market by Type, 2018 - 2021, USD Million
TABLE 56 South Africa Hardware Secure Module (HSM) Adapters Market by Type, 2022 - 2028, USD Million
TABLE 57 Nigeria Hardware Secure Module (HSM) Adapters Market, 2018 - 2021, USD Million
TABLE 58 Nigeria Hardware Secure Module (HSM) Adapters Market, 2022 - 2028, USD Million
TABLE 59 Nigeria Hardware Secure Module (HSM) Adapters Market by Industry, 2018 - 2021, USD Million
TABLE 60 Nigeria Hardware Secure Module (HSM) Adapters Market by Industry, 2022 - 2028, USD Million
TABLE 61 Nigeria Hardware Secure Module (HSM) Adapters Market by Type, 2018 - 2021, USD Million
TABLE 62 Nigeria Hardware Secure Module (HSM) Adapters Market by Type, 2022 - 2028, USD Million
TABLE 63 Rest of LAMEA Hardware Secure Module (HSM) Adapters Market, 2018 - 2021, USD Million
TABLE 64 Rest of LAMEA Hardware Secure Module (HSM) Adapters Market, 2022 - 2028, USD Million
TABLE 65 Rest of LAMEA Hardware Secure Module (HSM) Adapters Market by Industry, 2018 - 2021, USD Million
TABLE 66 Rest of LAMEA Hardware Secure Module (HSM) Adapters Market by Industry, 2022 - 2028, USD Million
TABLE 67 Rest of LAMEA Hardware Secure Module (HSM) Adapters Market by Type, 2018 - 2021, USD Million
TABLE 68 Rest of LAMEA Hardware Secure Module (HSM) Adapters Market by Type, 2022 - 2028, USD Million
TABLE 69 Key information – IBM Corporation
TABLE 70 key information – Atos Group
TABLE 71 key information – Hewlett Packard Enterprise Company
TABLE 72 key information – Thales Group S.A.
TABLE 73 Key Information – Microchip Technology Incorporated
TABLE 74 Key Information – Infineon Technologies AG
TABLE 75 Key Information – STMicroelectronics N.V.
TABLE 76 Key Information –Utimaco Management GmbH
TABLE 77 Key Information – Securosys SA
TABLE 78 Key Information – Futurex LP
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: IBM Corporation
FIG 3 SWOT Analysis: Atos Group
FIG 4 SWOT analysis: Hewlett-Packard enterprise Company
FIG 5 Recent strategies and developments: Utimaco Management GmbH