Key Findings
The North America hardware encryption market is registered to grow with a CAGR of 21.29%, during the forecast years of 2019 to 2028. The growing demand for consumer electronic products, the implementation of government initiatives, and the deployment of the Internet of Things (IoT) technologies, have contributed towards the market growth of the region.

Market Insights
The North America hardware encryption market growth assessment includes the analysis of the United States and Canada. The rising demand for portable consumer electronic products mainly fuels market growth in Canada. Although portable devices are manufactured in a diverse range of shapes, types, sizes, and designs, they entail any electronic device used to store information, and be conveniently transported.
The Treasury Board of Canada Secretariat (TBS) has established numerous policies and directives, articulating the guidelines to be followed by the country’s government. These mandates particularly ensure security as well as protection of the government’s information holdings.
On the other hand, delivering affordable, reliable, and sustainable devices safely is relatively difficult across Canada’s geography. The transition from centralized, often carbon-based generation and one-way power distribution, to two-way interactive smart grids, in addition to interactive smart grids and the increasing adoption of alternative energy, generates transformative opportunities and challenges within the region’s market. Furthermore, followed by the introduction of a government mandate, Canada has observed massive incorporation of smart electricity meters, primarily intended to minimize the peak time loads. As a result, these factors are estimated to positively impact the region’s market growth, across the forecast period.
COMPETITVE INSIGHTS
Eminent players operating in the market are, International Business Machines Corporation, Kingston Technology Company Inc, Maxim Integrated Products Inc, Western Digital Technologies Inc, Symantec Corporation, Seagate Technology LLC, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments