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Hardware Encryption Market worth $313 million by 2025 - Exclusive Report by MarketsandMarkets
Hardware encryption Market By Product Type (External HDD, Internal HDD, Solid-state drive, Inline Network Encryptor, USB flash drive), Application (consumer goods, aerospace and defense, transportation, healthcare, and others) And Region - Forecast To 2025 , published by MarketsandMarkets, the overall Hardware Encryption Market is expected to be valued at USD 262 million in 2020 and reach USD 313 million by 2025, growing at a CAGR of 3.6%. The primary reasons for this rise in demand are the increasing demand for smartphones, online and digital content, which is attracting the market for hardware encryption products and solutions.