Embedded security systems serve as a strategic approach to protect various software operating on embedded systems. These systems encompass a combination of hardware components and software that work together to fulfill specific security functions. They are utilized in various settings such as process control units, aircraft, consumer electronics, hybrid cars, and other appliances. Embedded security systems are highly reliable, capable of managing uncertainties in security systems effectively. The firmware within these systems is typically resistant to modifications or updates, and they are designed to have a lifespan exceeding 15 years.
However, with the emergence of the Internet of Things (IoT) and industrial automation, the landscape of embedded platform security systems is evolving due to the increasing prevalence of cyber-attacks. The rise of connected devices further amplifies the importance of embedded device security, necessitating robust measures to protect against potential threats
The Embedded Security for Internet of Things (IoT) Market is segmented no the basis of components, application, end user and region. Based on the component, the market is further segmented into software and controller chip. On the basis of application, The Embedded Security for Internet of Things (IoT) Market is segmented into Smart Factory, Smart Grid, Connected Car, Networking Equipment, and Computing Devices. On the basis of end user it is further segmented into Retail, Aerospace and Defense, Healthcare, Gaming, Automotive, And Others.
Market Dynamics:
Growing cyber-attacks on IoT devices and networks around the world is expected to drive growth of the global embedded security for internet of things (IoT) market during the forecast period. Cyber security has become vulnerable due to increasing number of cyber-attacks on devices that are connected to each other. Increasing intensity of cyber-attacks has prompted solutions providers to focus more on security aspects, which in turn, is expected to boost the demand for embedded security solutions worldwide.
Key features of the study:
- This report provides in-depth analysis of the Embedded Security for Internet of Things (IoT) Market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year.
- It elucidates potential revenue 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 approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the Embedded Security for Internet of Things (IoT) Market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Intel Corporation, Trend Micro Incorporated, Cisco System Inc., Inside Secure, NXP Semiconductors N.V., Synopsys, Inc., Infineon Technologies AG, ARM Holdings Plc. (Softbank Corp), Gemalto NV, Palo Alto Networks Inc., Check Point Software Technologies Ltd., and Others
- 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 Embedded Security for Internet of Things (IoT) 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 Embedded Security for Internet of Things (IoT) Market.
Detailed Segmentation:
- Global Embedded Security For Internet of Things (IoT) Market, By Components
- Global Embedded Security For Internet of Things (IoT) Market, By Application
- Smart Factory
- Smart Grid
- Connected Car
- Networking Equipment
- Computing Devices
- Global Embedded Security For Internet of Things (IoT) Market, By End User
- Retail,
- Aerospace and Defense
- Healthcare
- Gaming
- Automotive
- Others
- Global Embedded Security For Internet of Things (IoT) Market, By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Intel Corporation
- Trend Micro Incorporated
- Cisco System Inc.
- Inside Secure
- NXP Semiconductors N.V.
- Synopsys, Inc.
- Infineon Technologies AG
- ARM Holdings Plc. (SoftBank Corp)
- Gemalto NV
- Palo Alto Networks Inc.
- Check Point Software Technologies Ltd
- Others