The hard disk drives (HDD) segment is the highest revenue generating segment, constituting 57% of the total market revenue in 2014. The segment is expected to maintain its dominance throughout the analysis period. The segment of encrypted USB flash drives is forecast to grow significantly and register highest CAGR of 58.8% during the forecast period. The increasing demands of robust memory storage devices that are highly compact, offer maximum storage and render better security of data are key factors, which would drive the growth of this segment

Continue Reading Hardware Encryption Market is Expected to Reach $296.4 Billion, Globally, By 2020

Hardware Encryption Market is Expected to Reach $296.4 Billion, Globally, By 2020