Market Overview:
The Global Embedded Security Market is anticipated to grow from USD 5.0 billion in 2018 to USD 6.22 billion by 2025. Embedded security market provides safety to the software that is using an integrated system from any threat. The embedded security market for cards and payments application is foreseen growth in 2025. The payment and cards security market using EMV cards. During the forecast years, the market of the wearables is to grow at the highest CAGR. Many companies are using wearables for the payment process, promoting the growth and demand for the embedded security market.
Additionally, the rapid expansion of the internet of things also offers payment through wearables. Nowadays, security type is the highest contributor to this market, and it has gained much popularity among others. Payment security types protect the consumers and also secure sensitive data from any threat. Due to digitalization merchant connect with the consumer with the help of online platform and using digital methods for payments such as web, mobile, credit/debit cards, and point of sale machine (POS). The embedded security market is having a number of applications in the various sectors like the automobile, body electronics, navigation system, braking system, traffic control, and mobile or e–com access application. This offers different features for security solutions such as guard sensor, vehicle safety, immobilizer systems, component identification, telematics, and more automotive-related uses.
Recent Developments:
Tech Mahindra acquired a 70% stake in Cerium systems at a value of up to Rs 245 Cr. The acquisition will help to boost embedded software Market. Also, acquisition expected to provide capabilities on the area of semiconductors design and testing.
In 2017, Axiscades acquired defence electronics firm Mistral Solutions to enhance its competence in embedded electronics space. These acquisitions boost the customer base as well as the growth of this market. Mistral designed over 100 commercial products across the area and also 40 new designs for defence programming.
Qeexo AutoML Demo has developed an automatic machine for embedded devices having mostly used into devices such as IoT, wearable, automotive, and mobiles. This company provided automated, complicated machine learning to customer reliability and one-click automation.
Market divers:
The high using of the embedded security in laptops, smartphones, tablets combine with increasing security threats is driving the growth of the global embedded security market. Digitalization is the major part of the growth in this security market. Recently rising trends of wearable among individuals is another responsible factor to the market growth. Government has already taken the initiative in digitalization and online platform such as e-governance, improve productivity and efficiency of financial transitions.
The new developments and innovations are in the embedded security market, enhancing the value of smartphones, laptops, and tablets. Rising threats also responsible for the growth of the security market. Digitalization is the primary driver for this market, including e-com, e-governance, and payment transitions. Customer demand is high for new security products. Growing internet of things, IoT security, IoT applications, the inclusion of embedded security in wearables, and government agencies online transitions are the critical drivers for the embedded security market. The primary role of this security into the robotics for reliability and performance, while is used in various applications in the automobile sector, body electronics, traffic control, mobile and e-com access. It protects consumers and system manufactures these include medical, retail and critical infrastructure. Recently side channels attack devices also boosting the nod for Embedded Security products.
Market restraint:
Awareness regarding the application of embedded security is a factor that may hamper the growth of the market. Governments have allocated meager budgets for security market in various countries, is a hamper for the embedded security market. Lack of manufactures units for the IoT market. Government authorities have issued guidelines followed by manufactures devices, and end-users of products such as wearables, tablets, smartphones to reduce the threats and attack. Many tool manufactures try not to take a prudent decision against that, so this is the most significant effect on the global embedded security market.
Market segmentation:
Embedded Security Market has been categorized by products into secure element and embedded SIM, trusted platform module, hardware security module, often this market expected the highest share by 2025.The outcomes of this market such as smartphones, tablets and e-government document.
Embedded Security Market has been segmented based on security type into Authentication and Access managements, Payments, content protection. In the payment process, EMV cards are mostly used for the transitions.
Embedded Security Market has been segmented by Applications into Programing and Home industries automation.
Embedded Security Market has been segmented by end-users separate into Manufacturing, Automotive and consumer electronics.
The global embedded security market is growing faster in all countries, and it foreseen growth due to the adoption of consumer electronics.
Regional analysis:
Embedded Security Market is covered by regions into North America, Asia Pacific, Europe, Latin America, Middle East and Africa. In 2018 the highest market revenue generated from North America embedded security market. The market in Asia-pacific provides a significant share in terms of revenue and is anticipated to maintain its growth in the future. Due to rising consumer demand for smartphones and growing automotive manufactures industries in China that is responsible for growth in this market in China. The Asia Pacific is the largest market for embedded security because of China and India, while the manufacturing hub of smartphones is in China. Latin America and Africa are also part of development in the global embedded security market.
Leading Company:
Infineon is the leading company in the global embedded security market in 2018.
Key players:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Embedded Security Market, By Product
6.1.1 Element and Embedded SIM
6.1.2 Trusted Platform Module
6.1.3 Hardware Security Module
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Embedded Security Market, By Security Type
6.2.1 Authentication and Access Management
6.2.2 Payment
6.2.3 Content Protection
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Embedded Security Market, By Application
6.3.1 Programming
6.3.2 Home and Industrial Automation
6.3.3 Market Size Estimations & Forecasts (2019-2024)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Embedded Security Market, By End-Users
6.4.1 Manufacturing
6.4.2 Automotive
6.4.3 Consumer Electronics
6.4.4 Market Size Estimations & Forecasts (2019-2024)
6.4.5 Y-o-Y Growth Rate Analysis
6.4.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Product
7.2.3 By Security Type
7.2.4 By Application
7.2.5 By End-Users
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Product
7.3.3 By Security Type
7.3.4 By Application
7.3.5 By End-Users
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Product
7.4.3 By Security Type
7.4.4 By Application
7.4.5 By End-Users
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Product
7.5.3 By Security Type
7.5.4 By Application
7.5.5 By End-Users
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Product
7.6.3 By Security Type
7.6.4 By Application
7.6.5 By End-Users
8. Key Player Analysis
8.1 NXP semiconductors
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 STMicroelectronics
8.3 Gemalto
8.4 Renesas
8.5 Qualcomm
8.6 Infineon
8.7 Microchip
8.8 Samsung
8.9 Texas
8.10 IDEMIA
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
