UK Hardware Security Modules Market Size & Outlook
The hardware security modules market in UK is expected to reach a projected revenue of US$ 259.4 million by 2030. A compound annual growth rate of 16.5% is expected of UK hardware security modules market from 2025 to 2030.
Revenue, 2024 (US$M)
$106.1
Forecast, 2030 (US$M)
$259.4
CAGR, 2025 - 2030
16.5%
Report Coverage
UK
Related Markets
UK hardware security modules market highlights
- The UK hardware security modules market generated a revenue of USD 106.1 million in 2024 and is expected to reach USD 259.4 million by 2030.
- The UK market is expected to grow at a CAGR of 16.5% 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 2024 | USD 106.1 million |
| Market revenue in 2030 | USD 259.4 million |
| Growth rate | 16.5% (CAGR from 2025 to 2030) |
| Largest segment | Usb based |
| Fastest growing segment | Cloud-Based HSMs |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LAN Based, PCIE Based, USB Based, Cloud-Based HSMs |
| Key market players worldwide | Microsoft 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, UK accounted for 6.0% 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 Europe, Germany hardware security modules market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 259.4 million by 2030.
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Hardware Security Modules Market Scope
Hardware security modules market segmentation & scope
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Hardware Security Modules Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK hardware security modules market size, by deployment, 2018-2030 (US$M)
UK Hardware Security Modules Market Outlook Share, 2024 & 2030 (US$M)
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