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Embedded Security - Global Market Trajectory & Analytics

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    Report

  • 707 Pages
  • August 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804306

Global Embedded Security Market to Reach $6.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Embedded Security estimated at US$4.4 Billion in the year 2020, is projected to reach a revised size of US$6.7 Billion by 2027, growing at a CAGR of 6.1% over the period 2020-2027. Secure Element & Embedded SIM, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$2.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Trusted Platform Module segment is readjusted to a revised 6.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 7.5% CAGR

The Embedded Security market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2027 trailing a CAGR of 7.5% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 5.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Hardware Security Module Segment to Record 6.7% CAGR

In the global Hardware Security Module segment, USA, Canada, Japan, China and Europe will drive the 6.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$802.9 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 240 Featured)

  • Cisco Systems, Inc.
  • CYBERNET SYSTEMS CO. LTD.
  • ESCRYPT GmbH
  • IDEMIA Group
  • Infineon Technologies AG
  • Intellias Inc.
  • Karamba Security, Ltd.
  • McAfee, LLC
  • Microchip Technology Inc.
  • NXP Semiconductors N.V.
  • Qualcomm Technologies, Inc.
  • Rambus Incorporated
  • Renesas Electronics Corp.
  • Samsung Electronics Co., Ltd.
  • Sectigo, Ltd.
  • STMicroelectronics
  • Texas Instruments Inc.
  • Thales Group

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Embedded Security

What is the estimated value of the Global Market for Embedded Security?

The Global Market for Embedded Security was estimated to be valued at $4.4 Billion in 2020.

What is the growth rate of the Global Market for Embedded Security?

The growth rate of the Global Market for Embedded Security is 6.2%, with an estimated value of $6.7 Billion by 2027.

What is the forecasted size of the Global Market for Embedded Security?

The Global Market for Embedded Security is estimated to be worth $6.7 Billion by 2027.

Who are the key companies in the Global Market for Embedded Security?

Key companies in the Global Market for Embedded Security include Cisco Systems, Inc., CYBERNET SYSTEMS CO. LTD., ESCRYPT GmbH, IDEMIA Group, Infineon Technologies AG, Intellias Inc., Karamba Security, Ltd., McAfee, LLC and NXP Semiconductors N.V..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Need for End-to End Protection from Cyberattacks Provides the Foundation for the Growth of Embedded Security
  • Exhibit 1: Vulnerability in the Information Age Opens a Goldmine of Opportunities for Embedded Security Solutions: Global Number of Cyberattacks by Industry as of the Year 2021
  • Exhibit 2: Cyber Losses are Increasing in Frequency & Severity & Here are the Facts: Number of Weekly Attacks Per Company by Geographic Region for the Years 2020 and 2021
  • Discussing Prognosis: Here's What Everyone Should Know About the Pandemic & the Global Economy
  • Mutating Coronavirus is the New Pandemic Challenge in 2022 - After Omicron, Comes Stealth Omicron Fueling Fresh Waves of Infections Across the Globe
  • Exhibit 3: Time is of Essence! What We Know So Far - “Vaccine Efficiency Against New Strains is Decreasing”
  • With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking Amid Waning Vaccine Immunity. But How Practical Is It to Implement Them?
  • Exhibit 4: With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of January 2022
  • At the Dawn of 2022 After Numerous New Strains & Millions of Deaths, Challenges in Vaccine Production, Supply, Access & Technology Sharing Continue to Remain
  • Exhibit 5: How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Split Scenarios Unfold: The Great Vaccine Divide Emerges
  • Exhibit 6: With Low Vaccination Rates in Africa Emerging Into a Global Security Issue, Vaccine Imbalances Will Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of January 2022
  • The Great Vaccine Controversy & Growing Anti-Vaccination Movement Aggravates the Divide Between the Vaccinated & the Unvaccinated
  • Exhibit 7: Top Reasons for Unwillingness & Uncertainty Towards COVID-19 Vaccines Among the By-Choice Unvaccinated People: % Share of Various Reasons as of the Year 2022
  • The Verdict's Out - The Pandemic Cannot Be Ended But Can be Maneuvered to Become Endemic and More Manageable
  • Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
  • Dragging Pandemic, New Virus Strains, Fresh Societal Risks, Renewed Economic Disruptions Bring Weaker Growth in 2022 as Compared to 2021
  • Exhibit 8: Uncertain, Uneven & Bumpy Recovery Shaped by New Variants Comes Into Play, Lowering Growth Expectations for 2022 & 2023: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • Exhibit 9: Persistently High Unemployment Indicates Long-Term Scarring from the COVID-19 Pandemic, Wage Inequality & Uneven Economic Recovery. Tough Times to Continue for Industries Reliant on Consumer Discretionary Incomes Until 2023: Global Number of Unemployed People (In Million) for Years 2019 Through 2023
  • New Bursts of Inflation Caused by Russia-Ukraine War Threatens Economic Recovery
  • Competition
  • Exhibit 10: Embedded Security - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for 246 Players Worldwide in 2022 (E)
  • Embedded Security: Overview, Importance & Benefits
  • Recent Market Activity
  • Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Robust Outlook for Embedded Systems to Spur Gains in the Embedded Security Market
  • Exhibit 11: Growing Popularity & Use of Embedded Systems Drives the Need for Embedded Systems Security to Prevent Malicious Access: Global Market for Embedded Systems (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Embedded Security for IoT Storms into the Spotlight
  • Exhibit 12: Growing Ecosystem of IoT Devices Bodes Well for Embedded Security Solutions: Global Number of IoT Connected Devices (In Billion) for Years 2015, 2017, 2019, 2021, 2023, and 2025
  • Heightened Concerns Over Cyber Risk for Industrial Control Systems, Drives the Need for Embedded Security
  • Exhibit 13: Growing Spending on Industrial Cybersecurity Expands the Addressable Market Opportunity for Embedded Security Solutions: Global Market for Industrial Cybersecurity (In US$ Million) for Years 2021, 2023, 2025 and 2027
  • Growing Demand for Military Embedded Systems Along with Robust Spending on Military & Defense Bodes Well for Growth in Embedded Security
  • Exhibit 14: Robust Defense Spending Opens Opportunities for Increased Investments in Military Embedded Systems & Embedded Security: World Military Expenditure (In US$ Billion) for Years 2019, 2020 and 2021
  • Exhibit 15: Global Military Embedded Systems Market by Application (2021 & 2027): Percentage Breakdown of Revenues for Intelligence, Surveillance, & Reconnaissance (ISR), Command & Control, Communication & Navigation, Electronic Warfare (EW), Weapon & Fire Control, and Other Applications
  • Exhibit 16: Global Spending on Military Embedded Systems (In US$ Million) for Years 2021, 2023, 2025 and 2027
  • Embedded Security Using Cryptography Hogs the Limelight
  • With Connected Care Gaining Prominence, Cybersecurity Threats Looming Over Medical Wearables Augments Demand for Embedded Security
  • Growing Use Case for Embedded Security in Electric Vehicles & Autonomous Cars
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Embedded Security by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Embedded Security by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 3: World 11-Year Perspective for Embedded Security by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2016, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Secure Element & Embedded SIM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Secure Element & Embedded SIM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 6: World 11-Year Perspective for Secure Element & Embedded SIM by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Trusted Platform Module by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Trusted Platform Module by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 9: World 11-Year Perspective for Trusted Platform Module by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Hardware Security Module by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Hardware Security Module by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 12: World 11-Year Perspective for Hardware Security Module by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Hardware Tokens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Hardware Tokens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 15: World 11-Year Perspective for Hardware Tokens by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Authentication & Access Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Authentication & Access Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 18: World 11-Year Perspective for Authentication & Access Management by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Payment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Payment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 21: World 11-Year Perspective for Payment by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 22: World Recent Past, Current & Future Analysis for Content Protection by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 23: World Historic Review for Content Protection by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 24: World 11-Year Perspective for Content Protection by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 25: World Recent Past, Current & Future Analysis for Payment Processing & Cards by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 26: World Historic Review for Payment Processing & Cards by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 27: World 11-Year Perspective for Payment Processing & Cards by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 28: World Recent Past, Current & Future Analysis for Smartphones & Tablets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 29: World Historic Review for Smartphones & Tablets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 30: World 11-Year Perspective for Smartphones & Tablets by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 31: World Recent Past, Current & Future Analysis for Wearables by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 32: World Historic Review for Wearables by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 33: World 11-Year Perspective for Wearables by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 34: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 35: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 36: World 11-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 37: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 38: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 39: World 11-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
  • Table 40: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 41: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
  • Table 42: World 11-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Embedded Security - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Market Analytics
CANADAJAPANCHINA
EUROPE
  • Embedded Security - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Market Analytics
FRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPEASIA-PACIFICREST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 240

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Cisco Systems, Inc.
  • CYBERNET SYSTEMS CO. LTD.
  • ESCRYPT GmbH
  • IDEMIA Group
  • Infineon Technologies AG
  • Intellias Inc.
  • Karamba Security, Ltd.
  • McAfee, LLC
  • Microchip Technology Inc.
  • NXP Semiconductors N.V.
  • Qualcomm Technologies, Inc.
  • Rambus Incorporated
  • Renesas Electronics Corp.
  • Samsung Electronics Co., Ltd.
  • Sectigo, Ltd.
  • STMicroelectronics
  • Texas Instruments Inc.
  • Thales Group