Report Scope & Overview:
Embedded Security Market Size was valued at USD 6.77 billion in 2022 and is expected to reach USD 10.88 billion by 2030, and grow at a CAGR of 6.1% over the forecast period 2023-2030.
Embedded System is a compact hardware component with built-in or attached software or operating system. The system can be found on consumer electronics, smart devices, loT devices, cars, etc. However, embedded system software is facing dangerous external attacks. Embedded Security Solutions protects embedded system software from a variety of attacks.
To get more information on Embedded Security Market - Request Sample Report
Incorporation of payment capabilities into wearables.
Security flaws and cyber-threats.
Growth Embedded security integration in electric vehicles.
Lack of supply of semiconductors.
IMPACT OF COVID-19:
The COVID-19 epidemic has led to the growth of a Embedded security market. The epidemic has had an impact on the market due to remote operations due to land closures around the world. Remote operation has led to an increase in cyber-attacks which necessitates the use of security equipment to protect resources from attack. This has boosted the market for embedded security devices. Key players focus on saving and generating revenue that has led to an increase in the number of developments in the embedded security market by 2021. However, the impact of the epidemic is expected to decline gradually over the forecast period.
Increasing attacks on embedded systems increase the market demand for embedded security solutions. Although, industrial automation has increased the need for Internet of Things (IoT), which has created opportunities for the adoption of loT security solutions. The demand for security solutions is growing across banks, transportation, and wearables that add to market growth. Embedded safety solutions are widely accepted in the automotive industry to prevent car theft, protect car locks, ignition, and much more. Advanced smartphones, tablets, payment cards, etc., have a large amount of shipping using a secure embedded sim and solution that is expected to further market demand.
Smart Identity Cards
Payment Processing and Card
To Get Customized Report as per your Business Requirement - Request For Customized Report
North America is expected to show the highest growth in the embedded security market. North America has developed a large number of loT and smart projects that increase the need for loT security on a large scale. However, growing software attacks should be a major concern at the global level, which increases the need for security solutions. Connected devices such as smartphones, PCs, wearables, etc. officially use embedded security solutions, to protect themselves from such attacks.
Asia Pacific (APAC) represents the largest share of this market. China and Japan are at the forefront of this market due to the presence of a number of key players around the world. The increasing number of attacks on all connected mobile devices has authorized the adoption of such security solutions. In addition, the increase in the number of mobile subscriptions in the region is also driving market growth. The ongoing practice of digital production under government regulations in all developing countries increases the need for secure loT and embedded device infrastructure. As such, APAC expects to continue the growing need for embedded security.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The key players in the Global Embedded Security Market are McAfee LLC, Hitex GmbH, Infineon, NXP, Thales Group, Samsung, IDEMIA, STMicroelectronics, Qualcomm, Microchip Technology, Texas Instruments, Renesas, Broadcom Inc and Other.
Samsung-Company Financial Analysis
|Market Size in 2022||US$ 6.77 Billion|
|Market Size by 2030||US$ 10.88 Billion|
|CAGR||CAGR of 6.1% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by component (Hardware, Software, Services)
• by Security (Authentication, Content Protection, Payment)
• by application (Wearables, Automotive, Smart Identity Cards, Payment Processing and Card, Smartphones, Industrial, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||McAfee LLC, Hitex GmbH, Infineon, NXP, Thales Group, Samsung, IDEMIA, STMicroelectronics, Qualcomm, Microchip Technology, Texas Instruments, Renesas, Broadcom Inc and Other.|
|Key Drivers||•Incorporation of payment capabilities into wearables.|
|Restraints||• Security flaws and cyber-threats.|
The Embedded Security Market size was valued at 6.3 billion in 2021 at a CAGR of 6.1%.
Security flaws and caber-threats are limiting the Embedded Security Market's expansion
The key players in the Embedded Security Market are McAfee LLC, Hitex GmbH, Infineon, NXP, Thales Group, Samsung, IDEMIA, STMicroelectronics, Qualcomm, Microchip Technology, Texas Instruments, Renesas, Broadcom Inc and Other.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
220.127.116.11 United Kingdom
18.104.22.168 South Korea
22.214.171.124 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Embedded Security Market Segmentation, by Component
9. Global Embedded Security Market Segmentation, by Security
9.3 Content Protection
10. Global Embedded Security Market Segmentation, by Application
10.4 Smart Identity Cards
10.5 Payment Processing and Card
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 HITACHI LTD.
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 McAfee LLC
12.3 Hitex GmbH
12.6 Thales Group
12.11 Microchip Technology
12.12 Texas Instruments
12.14 Broadcom Inc
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Full-body Scanners Market Size was valued at USD 313.6 million in 2022 and is expected to reach USD 869.36 million by 2030, growing at a CAGR of 12% over the forecast period 2023-2030.
The Android STB and TV Market Size was valued at USD 132.21 billion in 2022 and is expected to reach USD 396.08 billion by 2030 and grow at a CAGR of 14.7% over the forecast period 2023-2030.
Biosensors Market size was valued at USD 28.90 billion in 2022 and is expected to expand at a CAGR of 7.9% from 2023 to 2030 and it will reach USD 52.93 billion in 2030.
The Power Strip Market Size was valued at USD 11.65 billion in 2022 and is expected to reach USD 17.75 billion by 2030 and grow at a CAGR of 5.4% over the forecast period 2023-2030.
The ASEAN Semiconductor Market size was valued at USD 28.22 Billion in 2022 and is expected to grow to USD 45.66 Billion by 2030 and grow at a CAGR Of 6.2% over the forecast period of 2023-2030.
The Barcode Label Printer Market Size was valued at USD 3.07 billion in 2022 and is expected to reach USD 4.94 billion by 2030 and grow at a CAGR of 6.1% over the forecast period 2023-2030.
Hi! Click one of our member below to chat on Phone