Cipher Machine and Password Card Market, By Type, By Component, By Application, By End User, By Deployment Mode, And by geography

Description

The global Cipher Machine and Password Card market size was valued at US$ 2.29 billion in 2023 and is expected to reach US$ 4.18 billion by 2030, grow at a compound annual growth rate (CAGR) of 9% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 2.29 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	9.00%	2030 Value Projection:	US$ 4.18 Bn

Global Cipher Machine and Password Card Market Share (%), By Region, 2023

Cipher Machine and Password Card Market - IMG1

A Cipher Machine is a cryptograph device used to encode and decode messages for secure communication. It employs various algorithms and keys to convert plaintext into ciphertext, ensuring confidentially. On the other hand, a Password Card is a physical or digital tool containing a grid of characters, numbers, or symbols. Users select characters based on predetermined rules to create strong passwords. Both Cipher Machines and Password Cards play critical roles in enhancing data security and safeguarding sensitive information from unauthorized access.

Market Dynamics:

Security concerns, cyber threats, and regulatory requirements is anticipated to drive growth of the global cipher machine and password card market over the forecast period. Moreover, long-term security is also expected to boost the growth of the global cipher machine and password card market over the forecast period. Modernization and innovation, IoT and industrial control systems security, cross-industry adoption, and quantum encryption are expected to create growth opportunities for the global cipher machine and password card market during the forecast period.

However, issues related to connectivity and battery, concerns regarding data privacy and security, digital encryption advancements, physical vulnerability, and user education are expected to hamper growth of the cipher machine and password card market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the cipher machine and password card market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the cipher machine and password card market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include KABA Group, Yubico, SecuGen Corporation, Anviz Global, Nitgen Co., Ltd., Integrated Biometrics, BIO-key International, Daon Inc., Suprema Inc., Integrated Biometrics, ASSA ABLOY, Dormakaba Holding, Allegion plc, HID Global Corporation, Gunnebo Security Group, IDenticard Systems, PrimeKey Solutions AB, Thales Group, Gemalto NV, NXP Semiconductors N.V.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The cipher machine and password card market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the cipher machine and password card market

Detailed Segmentation:

Cipher Machine and Password Card Market Segmentation, By Type:
- Hardware
- Software
- Services
Cipher Machine and Password Card Market Segmentation, By Component:
- Hardware
- Cards
- Drives
- Other Hardware
Cipher Machine and Password Card Market Segmentation, By Application:
- Disk Encryption
- File/Folder Encryption
- Database Encryption
- Communication Encryption
- Cloud Encryption
- Others
Cipher Machine and Password Card Market Segmentation, By End User:
- Aerospace and Defense
- Government
- Banking, Financial Services and Insurance
- Retail
- Healthcare
- Others
Cipher Machine and Password Card Market Segmentation, By Deployment Mode:
- On-premises
- Cloud
Cipher Machine and Password Card Market Segmentation, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profile:
- KABA Group
- Yubico
- SecuGen Corporation
- Anviz Global
- Nitgen Co., Ltd.
- Integrated Biometrics
- BIO-key International
- Daon Inc.
- Suprema Inc.
- Integrated Biometrics
- ASSA ABLOY
- Dormakaba Holding
- Allegion plc
- HID Global Corporation
- Gunnebo Security Group
- IDenticard Systems
- PrimeKey Solutions AB
- Thales Group
- Gemalto NV
- NXP Semiconductors N.V.

Product Code: CMI6216

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Component
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Deployment Mode
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Security Concerns
Cyber Threats
Regulatory Requirements
- Restraints
Digital Encryption Advancements
Physical Vulnerability
User Education
- Opportunities
Modernization and Innovation
IoT and Industrial Control Systems Security
Cross-Industry Adoption
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Cipher Machine and Password Card Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Cipher Machine and Password Card Market, By Type, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

6. Global Cipher Machine and Password Card Market, By Component, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Cards
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Drives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Other Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

7. Global Cipher Machine and Password Card Market, By Application , 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Disk Encryption
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
File/Folder Encryption
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Database Encryption
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Communication Encryption
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Cloud Encryption
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

8. Global Cipher Machine and Password Card Market, By End User, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Aerospace and Defense
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Government
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Banking, Financial Services and Insurance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

9. Global Cipher Machine and Password Card Market, By Deployment Mode, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
On-premises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Cloud
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

10. Global Cipher Machine and Password Card Market, By Region, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application , 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2023-2030,(US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application , 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2023-2030,(US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application , 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2023-2030,(US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application , 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2023-2030,(US$ Bn)
Middle East and Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application , 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2023-2030,(US$ Bn)

11. Competitive Landscape

KABA Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Yubico
SecuGen Corporation
Anviz Global
Nitgen Co., Ltd.
Integrated Biometrics
BIO-key International
Daon Inc.
Suprema Inc.
Integrated Biometrics
ASSA ABLOY
Dormakaba Holding
Allegion plc
HID Global Corporation
Gunnebo Security Group
IDenticard Systems
PrimeKey Solutions AB
Thales Group
Gemalto NV
NXP Semiconductors N.V.
Analyst Views

12. Section

Research Methodology
About us