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Banking, Cloud, and IoT to Dominate HSM Adoption by 2032 | #hardware security modules market

Banking, Cloud, and IoT to Dominate HSM Adoption by 2032

Banking, Cloud, and IoT to Dominate HSM Adoption by 2032

The global hardware security modules market size was valued at USD 1,584.3 million in 2024 and is projected to grow from USD 1,784.7 million in 2025 to USD 4,618.0 million by 2032, exhibiting a CAGR of 14.55% during the forecast period.