This paper characterizes the latency of the simplified successive-cancellation (SSC) decoding scheme for polar codes under hardware resource constraints. In particular, when the number of processing elements $P$ that can perform SSC decoding operations in parallel is limited, as is the case in practice, the latency of SSC decoding is $O\left(N^{1-1/μ}+\frac{N}{P}\log_2\log_2\frac{N}{P}\right)$, where $N$ is the block length of the code and $μ$ is the scaling exponent of the channel. Three direct consequences of this bound are presented. First, in a fully-parallel implementation where $P=\frac{N}{2}$, the latency of SSC decoding is $O\left(N^{1-1/μ}\right)$, which is sublinear in the block length. This recovers a result from our earlier work. Second, in a fully-serial implementation where $P=1$, the latency of SSC decoding scales as $O\left(N\log_2\log_2 N\right)$. The multiplicative constant is also calculated: we show that the latency of SSC decoding when $P=1$ is given by $\left(2+o(1)\right) N\log_2\log_2 N$. Third, in a semi-parallel implementation, the smallest $P$ that gives the same latency as that of the fully-parallel implementation is $P=N^{1/μ}$. The tightness of our bound on SSC decoding latency and the applicability of the foregoing results is validated through extensive simulations.