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Cipher Machine and Password Card Market, By Type (Hardware, Software, and Services), By Component (Hardware, Cards, Drives, and Other Hardware), By Application (Disk Encryption, File/Folder Encryption, Database Encryption, Communication Encryption, Cloud

Publisher Coherent Market Insights
Published Mar 27, 2025
Length 165 Pages
SKU # CMI20008823

Description

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 confidentiality. 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 are anticipated to drive the 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 the growth of the cipher machine and password card market over the forecast period.

Key features of the study:
  • This report provides an in-depth analysis of the cipher machine and password card market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) over the forecast period 2025-2032, considering 2024 as the base year
  • It elucidates potential revenue growth 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 approvals, 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
  • The 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, and 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
Cipher Machine and Password Card Market Detailed Segmentation:
  • By Type:
  • Hardware
  • Software
  • Services
  • By Component:
  • Hardware
  • Cards
  • Drives
  • Other Hardware
  • By Application:
  • Disk Encryption
  • File/Folder Encryption
  • Database Encryption
  • Communication Encryption
  • Cloud Encryption
  • Others
  • By End User:
  • Aerospace and Defense
  • Government
  • Banking, Financial Services and Insurance
  • Retail
  • Healthcare
  • Others
  • By Deployment Mode:
  • On-premises
  • Cloud
  • By Region:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa
  • Company Profiles:
  • 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.

Table of Contents

165 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Cipher Machine and Password Card, By Type
Market Cipher Machine and Password Card, By Component
Market Cipher Machine and Password Card, By Application
Market Cipher Machine and Password Card, By End User
Market Cipher Machine and Password Card, By Deployment Mode
Market Cipher Machine and Password Card, 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 Launches/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, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
6. Global Cipher Machine and Password Card Market, By Component, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Cards
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Drives
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Other Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
7. Global Cipher Machine and Password Card Market, By Application, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Disk Encryption
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
File/Folder Encryption
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Database Encryption
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Communication Encryption
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Cloud Encryption
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
8. Global Cipher Machine and Password Card Market, By End User, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Aerospace and Defense
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Government
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Banking, Financial Services and Insurance
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Retail
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
9. Global Cipher Machine and Password Card Market, By Deployment Mode, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
On-premises
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Cloud
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
10. Global Cipher Machine and Password Card Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021 - 2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application , 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2020-2032,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application , 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2020-2032,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application , 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2020-2032,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application , 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2020-2032,(US$ Bn)
Middle East and Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application , 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2020-2032,(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
*Browse 24 market data tables and 28 figures on Cipher Machine and Password Card Market” - forecast to 2032

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