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Embedded Security Market

Embedded Security Market Size, Share & Segment 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), by Regions and Global Forecast 2022-2028

Report Id: SNS/SEMI/1561 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Embedded Security Market Size was valued at USD 6.39 billion in 2021 and is expected to reach USD 9.8 billion by 2028, and grow at a CAGR of 6.1% over the forecast period 2022-2028.

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.

Embedded Security Market Revenue Graph

MARKET DYNAMICS: 

KEY DRIVERS:

  • Incorporation of payment capabilities into wearables.

RESTRAINTS: 

  • Security flaws and cyber-threats.

OPPORTUNITIES: 

  • Growth Embedded security integration in electric vehicles.

CHALLENGES: 

  • 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.

COMPETITIVE LANDSCAPE:

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.

MARKET SEGMENTATION:

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

Embedded Security Market Segment Pie Chart

REGIONAL ANALYSIS:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

 

Embedded Security Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 6.39 Billion
Market Size by 2028 US$ 9.8 Billion
CAGR CAGR of 6.1% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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.


Frequently Asked Questions (FAQ) :

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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Embedded Security Market Segmentation, by Component

8.1Introduction

8.2 Hardware

8.3 Software

8.4 Services

8.4 Other

 

9. Global Embedded Security Market Segmentation, by Security

9.1 Introduction

9.2 Authentication

9.3 Content Protection

9.4 Payment

9.5 Other

 

10. Global Embedded Security Market Segmentation, by Application

10.1 Introduction

10.2 Wearables

10.3 Automotive

10.4 Smart Identity Cards

10.5 Payment Processing and Card

10.6 Smartphones

10.7 Industrial

10.8 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2    Canada

11.2.3    Mexico

11.3        Europe

11.3.1    Germany

11.3.2    UK

11.3.3    France

11.3.4    Italy

11.3.5    Spain

11.3.6    The Netherlands

11.3.7    Rest of Europe

11.4        Asia-Pacific

11.4.1    Japan

11.4.2    South Korea

11.4.3    China

11.4.4    India

11.4.5    Australia

11.4.6    Rest of Asia-Pacific

11.5        The Middle East & Africa

11.5.1    Israel

11.5.2    UAE

11.5.3    South Africa

11.5.4    Rest

11.6        Latin America

11.6.1    Brazil

11.6.2    Argentina

11.6.3    Rest of Latin America

 

12. Company Profiles

12.1 HITACHI LTD.

12.1.1 Financial

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

12.4 Infineon

12.5 NXP

12.6 Thales Group

12.7 Samsung

12.8 IDEMIA

12.9 STMicroelectronics

12.10 Qualcomm

12.11 Microchip Technology

12.12 Texas Instruments

12.13 Renesas

12.14 Broadcom Inc

12.15 Other

 

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

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Secondary Research

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