印度的硬体设备保全模组市场:各类型，各部署，各用途，各终端用户，各地区，机会，预测，2018年～2032年

2024-2032年预测期间，印度硬体安全模组市场规模将以16.57%的复合年增长率成长，从2024年的1.5亿美元成长到2032年的3.4112亿美元。

由于物联网设备的快速采用和资料中心的增加，印度硬体安全模组市场正在见证成长。随着组织寻求保护敏感资料和关键应用程序，对专用硬体安全解决方案的需求不断增加。据 Takshashila 大学称，预计到 2026 年日本将有约 5 亿个物联网连接，因此需要采取强有力的安全措施来应对网路威胁。

根据高力国际的数据，预计国内数据中心的总容量将从2023年的770MW增加近一倍，达到2026年的约1,500MW。这种扩张需要强大的基础设施，并为安全飞地和基于硬体的加密等技术的部署铺平道路。

本报告提供印度的硬体设备保全模组市场相关调查，提供市场概要，以及各类型，各部署，各用途，各终端用户，各地区趋势，及加入此市场的主要企业简介等资讯。

目录

第1章 摘要整理

第2章 印度的硬体设备保全模组市场预测，2018年～2032年

第3章 客户的迴响(B2B调查)

第4章 市场规模与预测(2018年～2032年)

第5章 各类型

• LAN为基础的
• PCIe为基础的
• USB为基础的

第6章 各部署

• 内部部署
• 云端

第7章 各用途

• 付款处理
• 签署程式码和文檔
• 身份验证
• 资料库加密
• PKI 和凭证管理
• 应用程式级加密

第8章 各终端用户

• BFSI
• 技术·通讯
• 工业·製造业
• 汽车
• 医疗保健
• 能源·公共事业
• 其他(零售，消费品)

第9章 各地区

• 北部
• 南部
• 东部
• 西部和中部

第10章 市场製图，2023年

• 各类型
• 各部署
• 各用途
• 各终端用户
• 各地区

第11章 宏观环境和产业结构

第12章 市场动态

第13章 流通管道分析

第14章 供应商的评价和顾客满意度

第15章 价格灵敏度和价值主张分析

第16章 主要加入企业的形势

• 前五名市场领导的竞争矩阵
• 前五名市场领导的市场收益分析(%、2023年)
• 朝向SWOT分析(市场5大参与企业)

第17章 主要加入企业的简介

• Futurex Ltd.
• ATOS SE
• Utimaco Technologies Pvt Ltd.
• IBM India Pvt Ltd.
• Microchip Technology(India)Private LimitedThales Group
• Ultra Electronics Pvt Ltd.
• Adweb Technologies Pvt Ltd.
• Marvell Technologies Pvt Ltd.
• Entrust Security Solutions India Private Limited
• JISA Softech Pvt Ltd.
• Fortanix Technologies India Pvt Ltd.

第18章 策略性建议

第19章 咨询方式和免责声明

India hardware security module market is projected to witness a CAGR of 16.57% during the forecast period FY2024-FY2032, growing from USD 100.05 million in FY2024 to USD 341.12 million in FY2032.

The Indian hardware security module market is witnessing growth due to a sharp rise in the adoption of IoT devices and the growing number of data centers. Organizations seek to safeguard sensitive data and critical applications, so their demand for specialty hardware security solutions is increasing. According to Takshashila University, the country is expected to have around 500 million IoT connections by FY2026, which means robust security measures are required to counter cyber threats.

In addition, total national data center capacity is expected to nearly double, from 770 MW in FY2023 to about 1,500 MW by FY2026, according to Colliers International. This kind of expansion calls for strong infrastructure and opens the door to the implementation of technologies such as secure enclaves and hardware-based encryption.

Continuous Growth in Cybersecurity Services in the Country

The overall growth of cybersecurity services in India is fueling the expansion of the hardware security module market. The demand for robust solutions with hardware security modules has surged as organizations continue to respond to rising cyber threats. These modules are necessary for safeguarding cryptographic keys, as well as safe transactions, while maintaining the integrity of sensitive information. The government's National Cyber Security Strategy also aims to create an environment that will encourage and further foster cybersecurity. Strategic focus in this field has made India an important regional market for hardware security module vendors and service providers, thus providing plenty of scope for expansion.

Indian cybersecurity service industry registered remarkable growth. According to the Data Security Council of India (DSCI), it accounted for USD 4.30 billion in FY2020, whereas in FY2022, it accounted for USD 8.46 billion with a compound annual growth rate of 40.26%. This tremendous growth depicts the gigantic rise in demand for overall cybersecurity solutions, which entails hardware security modules for secured operations and critical data of various industries.

Rise in the Capacity of Data Centers Across the Country

The rise in data center capacity across India is also rapidly increasing the demand for hardware security modules. A greater demand for strong and tamper-resistant security solutions such as hardware security modules has emerged with the growing dependence of organizations on data centers for storing and processing sensitive information. Hardware security modules are important in securing data in such environments, protecting cryptographic keys, and facilitating secure transactions. Factors such as government digitization initiatives, rising internet penetration, and the evolution of cloud services are propelling the expansion of data centers. Furthermore, Indian enterprises are compelled to keep their confidential data within the country's data center ecosystem due to the increased focus on data localization. Accordingly, this continues to fuel demand for hardware security module technology.

According to JLL India, India's total data center capacity was 637 MW by June FY2023. As a result, Mumbai was the top contributing metro with 47%, followed closely by Chennai and Pune with 14% and 11%, respectively. The demand for hardware security modules will grow with this increase in capacity, almost adding 680 MW to the capacity by the end of FY2025.

Secured Digital Payments Using HSM Boosting the Growth in the Market

There is a strong need to develop security solutions to protect sensitive financial information and transactions with more Indians using digital payments. Thus, Hardware security modules are considered integral to ensuring confidentiality, integrity, and availability in payment systems. Hardware security modules have become the pivot around which secure key management is possible for several payment methods, including credit/debit cards, wallets, mobile banking, and even the newer payment technologies such as blockchain-based payments with the high adoption of digital payments in India. Sensitive data will remain protected from all points of the transaction to the backend systems while using hardware security modules. The increased use of hardware security modules in payment gateways, point-of-sale terminals, and mobile payment applications such as Phone Pay and Google Pay has improved the overall security posture of India's digital payment environment, enabling organizations to enhance trust among consumers.

Increased deployment in payment gateways, point-of-sale terminals, and mobile payment apps like Phone Pay and Google Pay enhances the overall security aspect of India's digital payment ecosystem, enabling organizations to build trust among consumers. With the country stepping further into the cashless economy, the market trend is expected to reflect huge growth for hardware security modules, which will enhance their efficiency and effectiveness in making safe digital payments. According to the National Informatics Center, India accounted for 2.85 million units of digital payment in FY2017 to reach 83,751.14 million units in FY2024. This tremendous hike in digital payment transactions defines the urgency for high-security measures like a hardware security module, which would ensure data integrity and consumer confidence in the financial system.

Payment Processing Segment is Expected to Account for Major Market Share

The payment processing segment is supposed to hold a considerable percentage of the hardware security module market as secure transaction methods are increasingly used in the digital economy. The demand for strong security solutions to protect sensitive financial data and ensure integrity in transactions has also risen with e-commerce and online payment platforms spreading rapidly. Hardware security modules critically contribute to securing the cryptographic keys meant for the encryption of payment information to minimize data breaches and fraud. Moreover, the increasing adoption of contactless payment systems and mobile wallets raises the need for hardware security modules in real-time transaction security. Therefore, this, in turn, is likely to fuel massive growth in the payments processing industry as more people will be demanding security during financial transactions.

Future Market Scenario (FY2025-FY2032F)

Hardware security modules will gain a strong demand in protecting sensitive data and cryptographic keys as cyber-attacks have become increasingly advanced and frequent, driving the growth of advanced security solutions.

Increasing usage of the cloud would demand more stringent security implementations. Hardware security modules would be an important tool to secure cloud environments, ensuring implementations of data protection regulation compliant and efficiently managing encryption keys.

Government policies to support its aim to upgrade the national cybersecurity infrastructure will be a main driver for the adoption of hardware security modules in all the major sectors- finance, healthcare, and telecommunications, mainly dependent on data protection.

Indian enterprises will look towards hardware security modules to secure their data within national borders concerning regulatory mandates and ensure compliance with local laws with an enhanced focus on data localization.

Key Players Landscape and Outlook

Growth in the India hardware security module market size is attributed to increasing opportunities spurred by rising cybersecurity threats and higher demand for secure data management solutions. The landscape is a mix of well-established players and new entrants seeking cutting-edge technology to upgrade data protection. Key sectors, such as banking, finance, and government entities, have been significant users of the hardware security module, thus further pushing forward the market's growth. The Indian market is on track for growth through regulatory compliance, secure transactions, and increasing cloud adoption. Foreshowing new opportunities will be the advances in cryptographic technologies and the integration of hardware security modules with emerging technology; the Indian hardware security module market is poised to be dynamic and competitive.

In October 2024, JISA Softech Pvt. Ltd. launched their CryptoBind Payment hardware security module in India, targeting the transformation in which financial institutions would deal with their cryptographic operations. The newest technology has a unique partitioning capability, a feature that allows many virtual hardware security modules to function independently. Such capabilities facilitate both the optimization of scalability as well as efficiency while cutting costs. In alignment with the compliance standards of NIST FIPS 140-3 and PCI PTS, with post-quantum readiness, the CryptoBind Payment hardware security module intends to be an integrated part of evolving security measures in the financial sector.

Table of Contents

1. Executive Summary

2. India Hardware Security Module Market Outlook, FY2018-FY2032F

3. Voice of Customer (B2B Survey)

• 3.1. Respondents Demographics
• 3.2. Customer Preference Towards Different Types of HSM
• 3.3. Factors Considered in Purchase Decisions
• 3.4. Problems Faced by B2B Consumers
• 3.5. Vendor Reputation & Customer Satisfaction
• 3.6. Reasons for Adoption of Cloud-based Accounting Software

4. Market Size & Forecast (FY2018-FY2032F)

• 4.1. By Value

5. By Type

• 5.1. LAN Based
• 5.2. PCIe Based
• 5.3. USB Based

6. By Deployment

• 6.1. On-Premises
• 6.2. Cloud

7. By Application

• 7.1. Payment Processing
• 7.2. Code and Document Signing
• 7.3. Authentication
• 7.4. Database Encryption
• 7.5. PKI and Credential Management
• 7.6. Application-level encryption

8. By End-user

• 8.1. BFSI
• 8.2. Technology and Communication
• 8.3. Industrial and Manufacturing
• 8.4. Automotive
• 8.5. Healthcare
• 8.6. Energy and Utility
• 8.7. Others (Retail, Consumer Goods)

9. By Region

• 9.1. North
• 9.2. South
• 9.3. East
• 9.4. West & Central

10. Market Mapping, FY2023

• 10.1. By Type
• 10.2. By Deployment
• 10.3. By Application
• 10.4. By End-user
• 10.5. By Region

11. Macro Environment and Industry Structure

• 11.1. Value Chain Analysis
• 11.2. PESTEL Analysis
• 11.3. Porter's Five Forces Analysis

12. Market Dynamics

• 12.1. Growth Drivers
• 12.2. Technological Trend Analysis
• 12.3. Growth Inhibitors (Challenges, Restraints)

13. Distribution Channel Analysis

14. Vendor Reputation & Customer Satisfaction

15. Price Sensitivity & Value Proposition Analysis

16. Key Players Landscape

• 16.1. Competition Matrix of Top Five Market Leaders
• 16.2. Market Revenue Analysis of Top Five Market Leaders (in %, FY2023)
• 16.3. SWOT Analysis (For Five Market Players)

17. Key Players Outlook

• 17.1. Futurex Ltd.
  • 17.1.1. Company Details
  • 17.1.2. Key Management Personnel
  • 17.1.3. Products & Services
  • 17.1.4. Financials (As reported)
  • 17.1.5. Key Market Focus & Geographical Presence
  • 17.1.6. Recent Developments
• 17.2. ATOS SE
• 17.3. Utimaco Technologies Pvt Ltd.
• 17.4. IBM India Pvt Ltd.
• 17.5. Microchip Technology (India) Private LimitedThales Group
• 17.6. Ultra Electronics Pvt Ltd.
• 17.7. Adweb Technologies Pvt Ltd.
• 17.8. Marvell Technologies Pvt Ltd.
• 17.9. Entrust Security Solutions India Private Limited
• 17.10. JISA Softech Pvt Ltd.
• 17.11. Fortanix Technologies India Pvt Ltd.

18. Strategic Recommendations

19. About Us & Disclaimer

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Hardware Security Module Market, By Value, In USD Million, FY2018-FY2032F
• Figure 2. India Hardware Security Module Market Share (%), By Type, FY2018-FY2032F
• Figure 3. India Hardware Security Module Market Share (%), By Deployment, FY2018-FY2032F
• Figure 4. India Hardware Security Module Market Share (%), By Application, FY2018-FY2032F
• Figure 5. India Hardware Security Module Market Share (%), By End-user, FY2018-FY2032F
• Figure 6. India Hardware Security Module Market Share (%), By Region, FY2018-FY2032F
• Figure 7. By Type Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 8. By Deployment Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 9. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 10. By End-user Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 11. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2024