Japan Hardware Security Modules Market Size & Outlook

The hardware security modules market in Japan is expected to reach a projected revenue of US$ 214.2 million by 2030. A compound annual growth rate of 18.4% is expected of Japan hardware security modules market from 2025 to 2030.
Revenue, 2024 (US$M)
$79.3
Forecast, 2030 (US$M)
$214.2
CAGR, 2025 - 2030
18.4%
Report Coverage
Japan

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Japan hardware security modules market, 2018-2030 (US$M)

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Japan hardware security modules market highlights

  • The Japan hardware security modules market generated a revenue of USD 79.3 million in 2024 and is expected to reach USD 214.2 million by 2030.
  • The Japan market is expected to grow at a CAGR of 18.4% from 2025 to 2030.
  • In terms of segment, usb based was the largest revenue generating component in 2024.
  • Cloud-Based HSMs is the most lucrative component segment registering the fastest growth during the forecast period.


Hardware security modules market data book summary

Market revenue in 2024USD 79.3 million
Market revenue in 2030USD 214.2 million
Growth rate18.4% (CAGR from 2025 to 2030)
Largest segmentUsb based
Fastest growing segmentCloud-Based HSMs
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLAN Based, PCIE Based, USB Based, Cloud-Based HSMs
Key market players worldwideMicrosoft Corp, International Business Machines Corp, Open Text Corp, Hyliion Holdings Corp Ordinary Shares - Class A, M-Files, Oracle Corp, Box Inc Class A, DocuSign Inc


Other key industry trends

  • In terms of revenue, Japan accounted for 4.5% of the global hardware security modules market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China hardware security modules market is projected to lead the regional market in terms of revenue in 2030.
  • Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 126.2 million by 2030.

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Hardware Security Modules Market Companies

Name Profile # Employees HQ Website
Hyliion Holdings Corp Ordinary Shares - Class A View profile 85 1202 BMC Drive, Suite 100, Cedar Park, TX, United States, 78613 https://www.hyliion.com
M-Files View profile 501-1000 Austin, Texas, United States, North America https://www.m-files.com
DocuSign Inc View profile 6840 221 Main Street, Suite 1550, San Francisco, CA, United States, 94105 https://www.docusign.com
Box Inc Class A View profile 2530 900 Jefferson Avenue, Redwood City, CA, United States, 94063 https://www.box.com
Open Text Corp View profile 23700 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 https://www.opentext.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Japan hardware security modules market size, by component, 2018-2030 (US$M)

Japan Hardware Security Modules Market Outlook Share, 2024 & 2030 (US$M)

Japan hardware security modules market size, by component, 2018-2030 (US$M)

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