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Global USB-based Hardware Security Module (HSM) Market Research Report 2025
Published Date: February 2025
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Report Code: QYRE-Auto-14N12765
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Global USB based Hardware Security Module HSM Market Research Report 2022
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Global USB-based Hardware Security Module (HSM) Market Research Report 2025

Code: QYRE-Auto-14N12765
Report
February 2025
Pages:99
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

USB-based Hardware Security Module (HSM) Market

The global market for USB-based Hardware Security Module (HSM) was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
A hardware security module (English: Hardware security module, abbreviated as HSM) is a computer hardware device used to protect and manage the digital keys used in strong authentication systems and provide related cryptographic operations at the same time. Hardware security modules are generally directly connected to computers or network servers in the form of expansion cards or external devices.
North American market for USB-based Hardware Security Module (HSM) is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for USB-based Hardware Security Module (HSM) is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of USB-based Hardware Security Module (HSM) include Thales, Gemalto, Utimaco, Entrust Datacard, ATOS SE, Cavium, Ultra Electronics, Synopsys, exceet Secure Solutions GmbH, Futurex, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for USB-based Hardware Security Module (HSM), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding USB-based Hardware Security Module (HSM).
The USB-based Hardware Security Module (HSM) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global USB-based Hardware Security Module (HSM) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the USB-based Hardware Security Module (HSM) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of USB-based Hardware Security Module (HSM) Market Report

Report Metric Details
Report Name USB-based Hardware Security Module (HSM) Market
by Type
  • Tampering Certificate
  • Tamper Resistance
by Application
  • Financial Services and Insurance
  • Government
  • General Business
  • Manufacturing
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Thales, Gemalto, Utimaco, Entrust Datacard, ATOS SE, Cavium, Ultra Electronics, Synopsys, exceet Secure Solutions GmbH, Futurex, Yubico
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of USB-based Hardware Security Module (HSM) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of USB-based Hardware Security Module (HSM) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of USB-based Hardware Security Module (HSM) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

Who are the main players in the USB-based Hardware Security Module (HSM) Market report?

Ans: The main players in the USB-based Hardware Security Module (HSM) Market are Thales, Gemalto, Utimaco, Entrust Datacard, ATOS SE, Cavium, Ultra Electronics, Synopsys, exceet Secure Solutions GmbH, Futurex, Yubico

What are the Application segmentation covered in the USB-based Hardware Security Module (HSM) Market report?

Ans: The Applications covered in the USB-based Hardware Security Module (HSM) Market report are Financial Services and Insurance, Government, General Business, Manufacturing, Others

What are the Type segmentation covered in the USB-based Hardware Security Module (HSM) Market report?

Ans: The Types covered in the USB-based Hardware Security Module (HSM) Market report are Tampering Certificate, Tamper Resistance

1 USB-based Hardware Security Module (HSM) Market Overview
1.1 Product Definition
1.2 USB-based Hardware Security Module (HSM) by Type
1.2.1 Global USB-based Hardware Security Module (HSM) Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Tampering Certificate
1.2.3 Tamper Resistance
1.3 USB-based Hardware Security Module (HSM) by Application
1.3.1 Global USB-based Hardware Security Module (HSM) Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Financial Services and Insurance
1.3.3 Government
1.3.4 General Business
1.3.5 Manufacturing
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global USB-based Hardware Security Module (HSM) Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global USB-based Hardware Security Module (HSM) Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global USB-based Hardware Security Module (HSM) Production Estimates and Forecasts (2020-2031)
1.4.4 Global USB-based Hardware Security Module (HSM) Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global USB-based Hardware Security Module (HSM) Production Market Share by Manufacturers (2020-2025)
2.2 Global USB-based Hardware Security Module (HSM) Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of USB-based Hardware Security Module (HSM), Industry Ranking, 2023 VS 2024
2.4 Global USB-based Hardware Security Module (HSM) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global USB-based Hardware Security Module (HSM) Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of USB-based Hardware Security Module (HSM), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of USB-based Hardware Security Module (HSM), Product Offered and Application
2.8 Global Key Manufacturers of USB-based Hardware Security Module (HSM), Date of Enter into This Industry
2.9 USB-based Hardware Security Module (HSM) Market Competitive Situation and Trends
2.9.1 USB-based Hardware Security Module (HSM) Market Concentration Rate
2.9.2 Global 5 and 10 Largest USB-based Hardware Security Module (HSM) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 USB-based Hardware Security Module (HSM) Production by Region
3.1 Global USB-based Hardware Security Module (HSM) Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global USB-based Hardware Security Module (HSM) Production Value by Region (2020-2031)
3.2.1 Global USB-based Hardware Security Module (HSM) Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of USB-based Hardware Security Module (HSM) by Region (2026-2031)
3.3 Global USB-based Hardware Security Module (HSM) Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global USB-based Hardware Security Module (HSM) Production Volume by Region (2020-2031)
3.4.1 Global USB-based Hardware Security Module (HSM) Production by Region (2020-2025)
3.4.2 Global Forecasted Production of USB-based Hardware Security Module (HSM) by Region (2026-2031)
3.5 Global USB-based Hardware Security Module (HSM) Market Price Analysis by Region (2020-2025)
3.6 Global USB-based Hardware Security Module (HSM) Production and Value, Year-over-Year Growth
3.6.1 North America USB-based Hardware Security Module (HSM) Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe USB-based Hardware Security Module (HSM) Production Value Estimates and Forecasts (2020-2031)
3.6.3 China USB-based Hardware Security Module (HSM) Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan USB-based Hardware Security Module (HSM) Production Value Estimates and Forecasts (2020-2031)
4 USB-based Hardware Security Module (HSM) Consumption by Region
4.1 Global USB-based Hardware Security Module (HSM) Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global USB-based Hardware Security Module (HSM) Consumption by Region (2020-2031)
4.2.1 Global USB-based Hardware Security Module (HSM) Consumption by Region (2020-2025)
4.2.2 Global USB-based Hardware Security Module (HSM) Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America USB-based Hardware Security Module (HSM) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America USB-based Hardware Security Module (HSM) Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe USB-based Hardware Security Module (HSM) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe USB-based Hardware Security Module (HSM) Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific USB-based Hardware Security Module (HSM) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific USB-based Hardware Security Module (HSM) Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa USB-based Hardware Security Module (HSM) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa USB-based Hardware Security Module (HSM) Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Israel
5 Segment by Type
5.1 Global USB-based Hardware Security Module (HSM) Production by Type (2020-2031)
5.1.1 Global USB-based Hardware Security Module (HSM) Production by Type (2020-2025)
5.1.2 Global USB-based Hardware Security Module (HSM) Production by Type (2026-2031)
5.1.3 Global USB-based Hardware Security Module (HSM) Production Market Share by Type (2020-2031)
5.2 Global USB-based Hardware Security Module (HSM) Production Value by Type (2020-2031)
5.2.1 Global USB-based Hardware Security Module (HSM) Production Value by Type (2020-2025)
5.2.2 Global USB-based Hardware Security Module (HSM) Production Value by Type (2026-2031)
5.2.3 Global USB-based Hardware Security Module (HSM) Production Value Market Share by Type (2020-2031)
5.3 Global USB-based Hardware Security Module (HSM) Price by Type (2020-2031)
6 Segment by Application
6.1 Global USB-based Hardware Security Module (HSM) Production by Application (2020-2031)
6.1.1 Global USB-based Hardware Security Module (HSM) Production by Application (2020-2025)
6.1.2 Global USB-based Hardware Security Module (HSM) Production by Application (2026-2031)
6.1.3 Global USB-based Hardware Security Module (HSM) Production Market Share by Application (2020-2031)
6.2 Global USB-based Hardware Security Module (HSM) Production Value by Application (2020-2031)
6.2.1 Global USB-based Hardware Security Module (HSM) Production Value by Application (2020-2025)
6.2.2 Global USB-based Hardware Security Module (HSM) Production Value by Application (2026-2031)
6.2.3 Global USB-based Hardware Security Module (HSM) Production Value Market Share by Application (2020-2031)
6.3 Global USB-based Hardware Security Module (HSM) Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Thales
7.1.1 Thales USB-based Hardware Security Module (HSM) Company Information
7.1.2 Thales USB-based Hardware Security Module (HSM) Product Portfolio
7.1.3 Thales USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Thales Main Business and Markets Served
7.1.5 Thales Recent Developments/Updates
7.2 Gemalto
7.2.1 Gemalto USB-based Hardware Security Module (HSM) Company Information
7.2.2 Gemalto USB-based Hardware Security Module (HSM) Product Portfolio
7.2.3 Gemalto USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Gemalto Main Business and Markets Served
7.2.5 Gemalto Recent Developments/Updates
7.3 Utimaco
7.3.1 Utimaco USB-based Hardware Security Module (HSM) Company Information
7.3.2 Utimaco USB-based Hardware Security Module (HSM) Product Portfolio
7.3.3 Utimaco USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Utimaco Main Business and Markets Served
7.3.5 Utimaco Recent Developments/Updates
7.4 Entrust Datacard
7.4.1 Entrust Datacard USB-based Hardware Security Module (HSM) Company Information
7.4.2 Entrust Datacard USB-based Hardware Security Module (HSM) Product Portfolio
7.4.3 Entrust Datacard USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Entrust Datacard Main Business and Markets Served
7.4.5 Entrust Datacard Recent Developments/Updates
7.5 ATOS SE
7.5.1 ATOS SE USB-based Hardware Security Module (HSM) Company Information
7.5.2 ATOS SE USB-based Hardware Security Module (HSM) Product Portfolio
7.5.3 ATOS SE USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.5.4 ATOS SE Main Business and Markets Served
7.5.5 ATOS SE Recent Developments/Updates
7.6 Cavium
7.6.1 Cavium USB-based Hardware Security Module (HSM) Company Information
7.6.2 Cavium USB-based Hardware Security Module (HSM) Product Portfolio
7.6.3 Cavium USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Cavium Main Business and Markets Served
7.6.5 Cavium Recent Developments/Updates
7.7 Ultra Electronics
7.7.1 Ultra Electronics USB-based Hardware Security Module (HSM) Company Information
7.7.2 Ultra Electronics USB-based Hardware Security Module (HSM) Product Portfolio
7.7.3 Ultra Electronics USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Ultra Electronics Main Business and Markets Served
7.7.5 Ultra Electronics Recent Developments/Updates
7.8 Synopsys
7.8.1 Synopsys USB-based Hardware Security Module (HSM) Company Information
7.8.2 Synopsys USB-based Hardware Security Module (HSM) Product Portfolio
7.8.3 Synopsys USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Synopsys Main Business and Markets Served
7.8.5 Synopsys Recent Developments/Updates
7.9 exceet Secure Solutions GmbH
7.9.1 exceet Secure Solutions GmbH USB-based Hardware Security Module (HSM) Company Information
7.9.2 exceet Secure Solutions GmbH USB-based Hardware Security Module (HSM) Product Portfolio
7.9.3 exceet Secure Solutions GmbH USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.9.4 exceet Secure Solutions GmbH Main Business and Markets Served
7.9.5 exceet Secure Solutions GmbH Recent Developments/Updates
7.10 Futurex
7.10.1 Futurex USB-based Hardware Security Module (HSM) Company Information
7.10.2 Futurex USB-based Hardware Security Module (HSM) Product Portfolio
7.10.3 Futurex USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Futurex Main Business and Markets Served
7.10.5 Futurex Recent Developments/Updates
7.11 Yubico
7.11.1 Yubico USB-based Hardware Security Module (HSM) Company Information
7.11.2 Yubico USB-based Hardware Security Module (HSM) Product Portfolio
7.11.3 Yubico USB-based Hardware Security Module (HSM) Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Yubico Main Business and Markets Served
7.11.5 Yubico Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 USB-based Hardware Security Module (HSM) Industry Chain Analysis
8.2 USB-based Hardware Security Module (HSM) Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 USB-based Hardware Security Module (HSM) Production Mode & Process Analysis
8.4 USB-based Hardware Security Module (HSM) Sales and Marketing
8.4.1 USB-based Hardware Security Module (HSM) Sales Channels
8.4.2 USB-based Hardware Security Module (HSM) Distributors
8.5 USB-based Hardware Security Module (HSM) Customer Analysis
9 USB-based Hardware Security Module (HSM) Market Dynamics
9.1 USB-based Hardware Security Module (HSM) Industry Trends
9.2 USB-based Hardware Security Module (HSM) Market Drivers
9.3 USB-based Hardware Security Module (HSM) Market Challenges
9.4 USB-based Hardware Security Module (HSM) Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global USB-based Hardware Security Module (HSM) Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global USB-based Hardware Security Module (HSM) Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global USB-based Hardware Security Module (HSM) Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global USB-based Hardware Security Module (HSM) Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global USB-based Hardware Security Module (HSM) Production Market Share by Manufacturers (2020-2025)
 Table 6. Global USB-based Hardware Security Module (HSM) Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global USB-based Hardware Security Module (HSM) Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of USB-based Hardware Security Module (HSM), Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in USB-based Hardware Security Module (HSM) as of 2024)
 Table 10. Global Market USB-based Hardware Security Module (HSM) Average Price by Manufacturers (US$/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of USB-based Hardware Security Module (HSM), Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of USB-based Hardware Security Module (HSM), Product Offered and Application
 Table 13. Global Key Manufacturers of USB-based Hardware Security Module (HSM), Date of Enter into This Industry
 Table 14. Global USB-based Hardware Security Module (HSM) Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global USB-based Hardware Security Module (HSM) Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global USB-based Hardware Security Module (HSM) Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global USB-based Hardware Security Module (HSM) Production Value Market Share by Region (2020-2025)
 Table 19. Global USB-based Hardware Security Module (HSM) Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global USB-based Hardware Security Module (HSM) Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global USB-based Hardware Security Module (HSM) Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global USB-based Hardware Security Module (HSM) Production (K Units) by Region (2020-2025)
 Table 23. Global USB-based Hardware Security Module (HSM) Production Market Share by Region (2020-2025)
 Table 24. Global USB-based Hardware Security Module (HSM) Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global USB-based Hardware Security Module (HSM) Production Market Share Forecast by Region (2026-2031)
 Table 26. Global USB-based Hardware Security Module (HSM) Market Average Price (US$/Unit) by Region (2020-2025)
 Table 27. Global USB-based Hardware Security Module (HSM) Market Average Price (US$/Unit) by Region (2026-2031)
 Table 28. Global USB-based Hardware Security Module (HSM) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global USB-based Hardware Security Module (HSM) Consumption by Region (2020-2025) & (K Units)
 Table 30. Global USB-based Hardware Security Module (HSM) Consumption Market Share by Region (2020-2025)
 Table 31. Global USB-based Hardware Security Module (HSM) Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global USB-based Hardware Security Module (HSM) Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America USB-based Hardware Security Module (HSM) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America USB-based Hardware Security Module (HSM) Consumption by Country (2020-2025) & (K Units)
 Table 35. North America USB-based Hardware Security Module (HSM) Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe USB-based Hardware Security Module (HSM) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe USB-based Hardware Security Module (HSM) Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe USB-based Hardware Security Module (HSM) Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific USB-based Hardware Security Module (HSM) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific USB-based Hardware Security Module (HSM) Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific USB-based Hardware Security Module (HSM) Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa USB-based Hardware Security Module (HSM) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa USB-based Hardware Security Module (HSM) Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa USB-based Hardware Security Module (HSM) Consumption by Country (2026-2031) & (K Units)
 Table 45. Global USB-based Hardware Security Module (HSM) Production (K Units) by Type (2020-2025)
 Table 46. Global USB-based Hardware Security Module (HSM) Production (K Units) by Type (2026-2031)
 Table 47. Global USB-based Hardware Security Module (HSM) Production Market Share by Type (2020-2025)
 Table 48. Global USB-based Hardware Security Module (HSM) Production Market Share by Type (2026-2031)
 Table 49. Global USB-based Hardware Security Module (HSM) Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global USB-based Hardware Security Module (HSM) Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global USB-based Hardware Security Module (HSM) Production Value Market Share by Type (2020-2025)
 Table 52. Global USB-based Hardware Security Module (HSM) Production Value Market Share by Type (2026-2031)
 Table 53. Global USB-based Hardware Security Module (HSM) Price (US$/Unit) by Type (2020-2025)
 Table 54. Global USB-based Hardware Security Module (HSM) Price (US$/Unit) by Type (2026-2031)
 Table 55. Global USB-based Hardware Security Module (HSM) Production (K Units) by Application (2020-2025)
 Table 56. Global USB-based Hardware Security Module (HSM) Production (K Units) by Application (2026-2031)
 Table 57. Global USB-based Hardware Security Module (HSM) Production Market Share by Application (2020-2025)
 Table 58. Global USB-based Hardware Security Module (HSM) Production Market Share by Application (2026-2031)
 Table 59. Global USB-based Hardware Security Module (HSM) Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global USB-based Hardware Security Module (HSM) Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global USB-based Hardware Security Module (HSM) Production Value Market Share by Application (2020-2025)
 Table 62. Global USB-based Hardware Security Module (HSM) Production Value Market Share by Application (2026-2031)
 Table 63. Global USB-based Hardware Security Module (HSM) Price (US$/Unit) by Application (2020-2025)
 Table 64. Global USB-based Hardware Security Module (HSM) Price (US$/Unit) by Application (2026-2031)
 Table 65. Thales USB-based Hardware Security Module (HSM) Company Information
 Table 66. Thales USB-based Hardware Security Module (HSM) Specification and Application
 Table 67. Thales USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 68. Thales Main Business and Markets Served
 Table 69. Thales Recent Developments/Updates
 Table 70. Gemalto USB-based Hardware Security Module (HSM) Company Information
 Table 71. Gemalto USB-based Hardware Security Module (HSM) Specification and Application
 Table 72. Gemalto USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 73. Gemalto Main Business and Markets Served
 Table 74. Gemalto Recent Developments/Updates
 Table 75. Utimaco USB-based Hardware Security Module (HSM) Company Information
 Table 76. Utimaco USB-based Hardware Security Module (HSM) Specification and Application
 Table 77. Utimaco USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 78. Utimaco Main Business and Markets Served
 Table 79. Utimaco Recent Developments/Updates
 Table 80. Entrust Datacard USB-based Hardware Security Module (HSM) Company Information
 Table 81. Entrust Datacard USB-based Hardware Security Module (HSM) Specification and Application
 Table 82. Entrust Datacard USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 83. Entrust Datacard Main Business and Markets Served
 Table 84. Entrust Datacard Recent Developments/Updates
 Table 85. ATOS SE USB-based Hardware Security Module (HSM) Company Information
 Table 86. ATOS SE USB-based Hardware Security Module (HSM) Specification and Application
 Table 87. ATOS SE USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 88. ATOS SE Main Business and Markets Served
 Table 89. ATOS SE Recent Developments/Updates
 Table 90. Cavium USB-based Hardware Security Module (HSM) Company Information
 Table 91. Cavium USB-based Hardware Security Module (HSM) Specification and Application
 Table 92. Cavium USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 93. Cavium Main Business and Markets Served
 Table 94. Cavium Recent Developments/Updates
 Table 95. Ultra Electronics USB-based Hardware Security Module (HSM) Company Information
 Table 96. Ultra Electronics USB-based Hardware Security Module (HSM) Specification and Application
 Table 97. Ultra Electronics USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 98. Ultra Electronics Main Business and Markets Served
 Table 99. Ultra Electronics Recent Developments/Updates
 Table 100. Synopsys USB-based Hardware Security Module (HSM) Company Information
 Table 101. Synopsys USB-based Hardware Security Module (HSM) Specification and Application
 Table 102. Synopsys USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 103. Synopsys Main Business and Markets Served
 Table 104. Synopsys Recent Developments/Updates
 Table 105. exceet Secure Solutions GmbH USB-based Hardware Security Module (HSM) Company Information
 Table 106. exceet Secure Solutions GmbH USB-based Hardware Security Module (HSM) Specification and Application
 Table 107. exceet Secure Solutions GmbH USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 108. exceet Secure Solutions GmbH Main Business and Markets Served
 Table 109. exceet Secure Solutions GmbH Recent Developments/Updates
 Table 110. Futurex USB-based Hardware Security Module (HSM) Company Information
 Table 111. Futurex USB-based Hardware Security Module (HSM) Specification and Application
 Table 112. Futurex USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 113. Futurex Main Business and Markets Served
 Table 114. Futurex Recent Developments/Updates
 Table 115. Yubico USB-based Hardware Security Module (HSM) Company Information
 Table 116. Yubico USB-based Hardware Security Module (HSM) Specification and Application
 Table 117. Yubico USB-based Hardware Security Module (HSM) Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 118. Yubico Main Business and Markets Served
 Table 119. Yubico Recent Developments/Updates
 Table 120. Key Raw Materials Lists
 Table 121. Raw Materials Key Suppliers Lists
 Table 122. USB-based Hardware Security Module (HSM) Distributors List
 Table 123. USB-based Hardware Security Module (HSM) Customers List
 Table 124. USB-based Hardware Security Module (HSM) Market Trends
 Table 125. USB-based Hardware Security Module (HSM) Market Drivers
 Table 126. USB-based Hardware Security Module (HSM) Market Challenges
 Table 127. USB-based Hardware Security Module (HSM) Market Restraints
 Table 128. Research Programs/Design for This Report
 Table 129. Key Data Information from Secondary Sources
 Table 130. Key Data Information from Primary Sources
 Table 131. Authors List of This Report


List of Figures
 Figure 1. Product Picture of USB-based Hardware Security Module (HSM)
 Figure 2. Global USB-based Hardware Security Module (HSM) Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global USB-based Hardware Security Module (HSM) Market Share by Type: 2024 VS 2031
 Figure 4. Tampering Certificate Product Picture
 Figure 5. Tamper Resistance Product Picture
 Figure 6. Global USB-based Hardware Security Module (HSM) Market Value by Application, (US$ Million) & (2020-2031)
 Figure 7. Global USB-based Hardware Security Module (HSM) Market Share by Application: 2024 VS 2031
 Figure 8. Financial Services and Insurance
 Figure 9. Government
 Figure 10. General Business
 Figure 11. Manufacturing
 Figure 12. Others
 Figure 13. Global USB-based Hardware Security Module (HSM) Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global USB-based Hardware Security Module (HSM) Production Value (US$ Million) & (2020-2031)
 Figure 15. Global USB-based Hardware Security Module (HSM) Production Capacity (K Units) & (2020-2031)
 Figure 16. Global USB-based Hardware Security Module (HSM) Production (K Units) & (2020-2031)
 Figure 17. Global USB-based Hardware Security Module (HSM) Average Price (US$/Unit) & (2020-2031)
 Figure 18. USB-based Hardware Security Module (HSM) Report Years Considered
 Figure 19. USB-based Hardware Security Module (HSM) Production Share by Manufacturers in 2024
 Figure 20. Global USB-based Hardware Security Module (HSM) Production Value Share by Manufacturers (2024)
 Figure 21. USB-based Hardware Security Module (HSM) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 22. The Global 5 and 10 Largest Players: Market Share by USB-based Hardware Security Module (HSM) Revenue in 2024
 Figure 23. Global USB-based Hardware Security Module (HSM) Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 24. Global USB-based Hardware Security Module (HSM) Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 25. Global USB-based Hardware Security Module (HSM) Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 26. Global USB-based Hardware Security Module (HSM) Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 27. North America USB-based Hardware Security Module (HSM) Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. Europe USB-based Hardware Security Module (HSM) Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. China USB-based Hardware Security Module (HSM) Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Japan USB-based Hardware Security Module (HSM) Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Global USB-based Hardware Security Module (HSM) Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 32. Global USB-based Hardware Security Module (HSM) Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 33. North America USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 34. North America USB-based Hardware Security Module (HSM) Consumption Market Share by Country (2020-2031)
 Figure 35. U.S. USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 36. Canada USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 37. Europe USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 38. Europe USB-based Hardware Security Module (HSM) Consumption Market Share by Country (2020-2031)
 Figure 39. Germany USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 40. France USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 41. U.K. USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 42. Italy USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. Netherlands USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 44. Asia Pacific USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 45. Asia Pacific USB-based Hardware Security Module (HSM) Consumption Market Share by Region (2020-2031)
 Figure 46. China USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 47. Japan USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 48. South Korea USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. China Taiwan USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. Southeast Asia USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 51. India USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 52. Latin America, Middle East & Africa USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 53. Latin America, Middle East & Africa USB-based Hardware Security Module (HSM) Consumption Market Share by Country (2020-2031)
 Figure 54. Mexico USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 55. Brazil USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 56. Israel USB-based Hardware Security Module (HSM) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 57. Global Production Market Share of USB-based Hardware Security Module (HSM) by Type (2020-2031)
 Figure 58. Global Production Value Market Share of USB-based Hardware Security Module (HSM) by Type (2020-2031)
 Figure 59. Global USB-based Hardware Security Module (HSM) Price (US$/Unit) by Type (2020-2031)
 Figure 60. Global Production Market Share of USB-based Hardware Security Module (HSM) by Application (2020-2031)
 Figure 61. Global Production Value Market Share of USB-based Hardware Security Module (HSM) by Application (2020-2031)
 Figure 62. Global USB-based Hardware Security Module (HSM) Price (US$/Unit) by Application (2020-2031)
 Figure 63. USB-based Hardware Security Module (HSM) Value Chain
 Figure 64. Channels of Distribution (Direct Vs Distribution)
 Figure 65. Bottom-up and Top-down Approaches for This Report
 Figure 66. Data Triangulation
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