Hardware Encryption Market worth $357 million by 2027 - Exclusive Report by MarketsandMarkets™
CHICAGO, Dec. 8, 2022 /PRNewswire/ --The global hardware encryption market is projected to grow from USD 271 million in 2021 to USD 357 million by 2027, at a CAGR of 4.8% during the forecast period from 2022 to 2027according to a new report by MarketsandMarkets.
- CHICAGO, Dec. 8, 2022 /PRNewswire/ --The global hardware encryption market is projected to grow from USD 271 million in 2021 to USD 357 million by 2027, at a CAGR of 4.8% during the forecast period from 2022 to 2027according to a new report by MarketsandMarkets.
- With the increase in the adoption of IoT-enabled products in automobiles, the demand for hardware encryption has increased.
- This may hinder the growth of the hardware encryption market in China.
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