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HSM Shipments by Application

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SOURCE RESEARCH

Hardware Security Modules

Market Data | 4Q 2024 | MD-HSM-101

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The Hardware Security Module (HSM) market data quantifies shipments of HSM modules and their associated revenue derived from appliance sales, licensing, servicing, warranty, and other associated costs (installation costs, firmware updates, etc.), as well as revenue associated with HSM-as-a-Service (HaaS) subscriptions. These will be eventually broken out at a later date.

Vendors tracked for the purposes of this dataset include: Atos, Dinamo, Entrust, Futurex, Thales, IBM, Kryptus, Marvell, Prism, Procenne, Sansec, Securosys, Ultra Electronics, and Utimaco.

The market data is global with regional breakouts. Further segmentation is provided for the following: shipments by vertical and application, as well as revenue by vertical and application.

ABI Research drew upon information from a variety of sources. First, ABI Research drew upon its existing knowledgebase of the broad HSM sector to build a foundation for the project. This knowledge base includes three separate custom research exercises, as well as a qualitative research report on the use of HSMs in the Internet of Things (IoT) and a competitive assessment of HSM vendors.

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