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Home | Search Global IT News: IT News & Press Release Distribution: Worldwide Hardware Encryption Market to Grow at 50.62% CAGR by 2019 Says a New Research Report (IT-NEWSWIRE.COM, March 18, 2015 ) Dallas, TX - Hardware-based techniques of protecting confidential data involve two processes: encryption and decryption. Encryption involves encoding of data into a form that is accessible to authorized users. Encoding requires an encrypting algorithm, which generates cipher text that can be read only after decryption. Decoding of confidential data requires an authorized user to type in a password or a key. In hardware-based encryption, individual processors execute the encryption and decryption processes. Encryption and decryption play a pivotal role in preventing unauthorized access to sensitive data. Encryption can help protect confidential data during storage and transmission. Analysts forecast the Global Hardware Encryption market to grow at a CAGR of 50.62 percent over the period 2014-2019. Covered in this Report This report covers the present scenario and the growth prospects of the Global Hardware Encryption market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of the following components: Hardware encrypted HDDS Hardware encrypted USB drives In-line encryptors The Global Hardware Encryption market is segmented as follows based on end-user: Consumer Electronics, Communication and Network Security, MDA, Healthcare, and Enterprises The report Global Hardware Encryption Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and lists growth prospects. The report includes a discussion of key vendors operating in the market. Buy Report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=310407 . Key Regions Americas APAC EMEA Key Vendors Micron Technology Samsung Electronics Seagate Technology Toshiba Western Digital Technologies Inquire Before Buying @ http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=310407 . Other Prominent Vendors Imation Kanguru Solutions Kingston Technology Koolspan Maxim Integrated Products MerlinCryption Netapp SanDisk Secude Winmagic Market Driver Increased Regulatory Compliance Requirements Market Challenge High Installation and Maintenance Costs Market Trend Increased Adoption of Cloud-based Encryption Techniques Key Questions Answered in this Report What will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? Inquire for Discount @ http://www.rnrmarketresearch.com/contacts/discount?rname=310407 . About Us: RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries. Public Safety LTE & Mobile Broadband Market RnR Market Research Ritesh Tiwari 1 888 391 5441 sales@rnrmarketresearch.com Source: EmailWire.Com Source: EmailWire.com

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