PUBLISHER: KBV Research | PRODUCT CODE: 1616602
PUBLISHER: KBV Research | PRODUCT CODE: 1616602
North America Encrypted Flash Drives Market Size, Share & Trends Analysis Report By Type (Hardware Encrypted, and Software Encrypted), By Application, By Country and Growth Forecast, 2024 - 2031
The North America Encrypted Flash Drives Market would witness market growth of 7.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Encrypted Flash Drives Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $44,056.9 Thousands by 2031. The Canada market is experiencing a CAGR of 9.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.5% during (2024 - 2031).
This market has grown significantly over the past decade, driven by the increasing need for data security across personal and business applications. These drives are portable data storage devices with built-in encryption to safeguard data. As digital information proliferates, securing sensitive data from unauthorized access has become paramount.
These drives have found applications across various industries due to their ability to store and transfer sensitive information securely. The demand for these drives is rising in the corporate world as companies seek to protect confidential business data. Sensitive information such as financial reports, intellectual property, and employee records are often stored on flash drives.
The rising number of cybercrimes in the U.S. and increasing concerns over data privacy and security in Canada drive the demand for secure data storage solutions, including these drives. These factors underscore the importance of data security, creating a robust market for these drives as businesses and individuals seek reliable ways to protect sensitive information. These drives offer a straightforward solution for meeting these stringent data protection requirements. Organizations across Canada, especially those handling sensitive personal information, turn to these drives to ensure their data is securely stored and transported. The ability to encrypt data at rest and in transit on portable devices like flash drives helps organizations avoid costly fines and protects them from potential data breaches. As the regulatory landscape around data privacy tightens in Canada, the encrypted flash drives market is expected to see sustained growth. Thus, the rising number of cybercrimes in the U.S. and the increasing focus on data privacy regulations in Canada, particularly PIPEDA, drive the demand for secure data storage solutions.
Based on Type, the market is segmented into Hardware Encrypted, and Software Encrypted. Based on Application, the market is segmented into Military-grade, Enterprise-grade, Consumer-grade, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Transcend Information, Inc.
- Kingston Technology Company, Inc.
- Western Digital Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Corsair Gaming, Inc.
- Micron Technology, Inc.
- Integral Memory Plc
- Datalocker Inc.
- iStorage Ltd.
- Verbatim Corporation (CMC Magnetics Corporation )
North America Encrypted Flash Drives Market Report Segmentation
By Type
- Hardware Encrypted
- Software Encrypted
By Application
- Military-grade
- Enterprise-grade
- Consumer-grade
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Encrypted Flash Drives Market, by Type
- 1.4.2 North America Encrypted Flash Drives Market, by Application
- 1.4.3 North America Encrypted Flash Drives Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Strategies Deployed in Encrypted Flash Drives Market
- 4.3 Porter Five Forces Analysis
Chapter 5. North America Encrypted Flash Drives Market by Type
- 5.1 North America Hardware Encrypted Market by Country
- 5.2 North America Software Encrypted Market by Country
Chapter 6. North America Encrypted Flash Drives Market by Application
- 6.1 North America Military-grade Market by Country
- 6.2 North America Enterprise-grade Market by Country
- 6.3 North America Consumer-grade Market by Country
- 6.4 North America Other Application Market by Country
Chapter 7. North America Encrypted Flash Drives Market by Country
- 7.1 US Encrypted Flash Drives Market
- 7.1.1 US Encrypted Flash Drives Market by Type
- 7.1.2 US Encrypted Flash Drives Market by Application
- 7.2 Canada Encrypted Flash Drives Market
- 7.2.1 Canada Encrypted Flash Drives Market by Type
- 7.2.2 Canada Encrypted Flash Drives Market by Application
- 7.3 Mexico Encrypted Flash Drives Market
- 7.3.1 Mexico Encrypted Flash Drives Market by Type
- 7.3.2 Mexico Encrypted Flash Drives Market by Application
- 7.4 Rest of North America Encrypted Flash Drives Market
- 7.4.1 Rest of North America Encrypted Flash Drives Market by Type
- 7.4.2 Rest of North America Encrypted Flash Drives Market by Application
Chapter 8. Company Profiles
- 8.1 Transcend Information, Inc.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.2 Kingston Technology Company, Inc.
- 8.2.1 Company Overview
- 8.2.2 Recent strategies and developments:
- 8.2.2.1 Product Launches and Product Expansions:
- 8.2.3 SWOT Analysis
- 8.3 Western Digital Corporation
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Product Launches and Product Expansions:
- 8.3.6 SWOT Analysis
- 8.4 Samsung Electronics Co., Ltd. (Samsung Group)
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 Recent strategies and developments:
- 8.4.5.1 Product Launches and Product Expansions:
- 8.4.6 SWOT Analysis
- 8.5 Corsair Gaming, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.6 Micron Technology, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Product Launches and Product Expansions:
- 8.6.6 SWOT Analysis
- 8.7 Integral Memory Plc
- 8.7.1 Company Overview
- 8.8 Datalocker Inc.
- 8.8.1 Company Overview
- 8.8.2 Recent strategies and developments:
- 8.8.2.1 Product Launches and Product Expansions:
- 8.9 iStorage Ltd.
- 8.9.1 Company Overview
- 8.10. Verbatim Americas, LLC (CMC Magnetics Corporation)
- 8.10.1 Company Overview
LIST OF TABLES
- TABLE 1 North America Encrypted Flash Drives Market, 2020 - 2023, USD Thousands
- TABLE 2 North America Encrypted Flash Drives Market, 2024 - 2031, USD Thousands
- TABLE 3 North America Encrypted Flash Drives Market by Type, 2020 - 2023, USD Thousands
- TABLE 4 North America Encrypted Flash Drives Market by Type, 2024 - 2031, USD Thousands
- TABLE 5 North America Hardware Encrypted Market by Country, 2020 - 2023, USD Thousands
- TABLE 6 North America Hardware Encrypted Market by Country, 2024 - 2031, USD Thousands
- TABLE 7 North America Software Encrypted Market by Country, 2020 - 2023, USD Thousands
- TABLE 8 North America Software Encrypted Market by Country, 2024 - 2031, USD Thousands
- TABLE 9 North America Encrypted Flash Drives Market by Application, 2020 - 2023, USD Thousands
- TABLE 10 North America Encrypted Flash Drives Market by Application, 2024 - 2031, USD Thousands
- TABLE 11 North America Military-grade Market by Country, 2020 - 2023, USD Thousands
- TABLE 12 North America Military-grade Market by Country, 2024 - 2031, USD Thousands
- TABLE 13 North America Enterprise-grade Market by Country, 2020 - 2023, USD Thousands
- TABLE 14 North America Enterprise-grade Market by Country, 2024 - 2031, USD Thousands
- TABLE 15 North America Consumer-grade Market by Country, 2020 - 2023, USD Thousands
- TABLE 16 North America Consumer-grade Market by Country, 2024 - 2031, USD Thousands
- TABLE 17 North America Other Application Market by Country, 2020 - 2023, USD Thousands
- TABLE 18 North America Other Application Market by Country, 2024 - 2031, USD Thousands
- TABLE 19 North America Encrypted Flash Drives Market by Country, 2020 - 2023, USD Thousands
- TABLE 20 North America Encrypted Flash Drives Market by Country, 2024 - 2031, USD Thousands
- TABLE 21 US Encrypted Flash Drives Market, 2020 - 2023, USD Thousands
- TABLE 22 US Encrypted Flash Drives Market, 2024 - 2031, USD Thousands
- TABLE 23 US Encrypted Flash Drives Market by Type, 2020 - 2023, USD Thousands
- TABLE 24 US Encrypted Flash Drives Market by Type, 2024 - 2031, USD Thousands
- TABLE 25 US Encrypted Flash Drives Market by Application, 2020 - 2023, USD Thousands
- TABLE 26 US Encrypted Flash Drives Market by Application, 2024 - 2031, USD Thousands
- TABLE 27 Canada Encrypted Flash Drives Market, 2020 - 2023, USD Thousands
- TABLE 28 Canada Encrypted Flash Drives Market, 2024 - 2031, USD Thousands
- TABLE 29 Canada Encrypted Flash Drives Market by Type, 2020 - 2023, USD Thousands
- TABLE 30 Canada Encrypted Flash Drives Market by Type, 2024 - 2031, USD Thousands
- TABLE 31 Canada Encrypted Flash Drives Market by Application, 2020 - 2023, USD Thousands
- TABLE 32 Canada Encrypted Flash Drives Market by Application, 2024 - 2031, USD Thousands
- TABLE 33 Mexico Encrypted Flash Drives Market, 2020 - 2023, USD Thousands
- TABLE 34 Mexico Encrypted Flash Drives Market, 2024 - 2031, USD Thousands
- TABLE 35 Mexico Encrypted Flash Drives Market by Type, 2020 - 2023, USD Thousands
- TABLE 36 Mexico Encrypted Flash Drives Market by Type, 2024 - 2031, USD Thousands
- TABLE 37 Mexico Encrypted Flash Drives Market by Application, 2020 - 2023, USD Thousands
- TABLE 38 Mexico Encrypted Flash Drives Market by Application, 2024 - 2031, USD Thousands
- TABLE 39 Rest of North America Encrypted Flash Drives Market, 2020 - 2023, USD Thousands
- TABLE 40 Rest of North America Encrypted Flash Drives Market, 2024 - 2031, USD Thousands
- TABLE 41 Rest of North America Encrypted Flash Drives Market by Type, 2020 - 2023, USD Thousands
- TABLE 42 Rest of North America Encrypted Flash Drives Market by Type, 2024 - 2031, USD Thousands
- TABLE 43 Rest of North America Encrypted Flash Drives Market by Application, 2020 - 2023, USD Thousands
- TABLE 44 Rest of North America Encrypted Flash Drives Market by Application, 2024 - 2031, USD Thousands
- TABLE 45 key information - Transcend Information, Inc.
- TABLE 46 Key Information - Kingston Technology Company, Inc.
- TABLE 47 Key Information - Western Digital Corporation
- TABLE 48 Key Information - Samsung Electronics Co., Ltd.
- TABLE 49 Key Information - Corsair Gaming, Inc.
- TABLE 50 key information - Micron Technology, Inc.
- TABLE 51 Key Information - Integral Memory Plc
- TABLE 52 Key Information - Datalocker Inc.
- TABLE 53 Key Information - ISTORAGE Ltd.
- TABLE 54 Key Information - Verbatim Americas, LLC
