Global Embedded Security Product Market By Product Type (Secure Element And Embedded Sim, Hardware Security Module, Trusted Platform Module And Hardware Tokens), By Application (Mobile Security, Automotive, Banking Transport Pay-Tv & Id, Wearables And Security In Iot Connectivity), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

  • TBI576501
  • September 16, 2021
  • Global
  • 145 pages
  • Market.US
                                          

Report updated on 11th September, 2021: Global Embedded Security Product Market By Product Type (Secure Element And Embedded Sim, Hardware Security Module, Trusted Platform Module And Hardware Tokens), By Application (Mobile Security, Automotive, Banking Transport Pay-Tv & Id, Wearables And Security In Iot Connectivity), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

Trusted Business Insights has published a comprehensive market research report on, Global Embedded Security Product Market by Product Type(Secure Element and Embedded SIM, Hardware Security Module, Trusted Platform Module and Hardware Tokens), By Application(Mobile Security, Automotive, Banking Transport Pay-TV & ID, Wearables and Security in IoT Connectivity), and by Region -Global Forecast to 2030, which offers a holistic view of the global Embedded Security Product market through systematic segmentation that covers every aspect of the target market. The global Embedded Security Product market is projected to be US$ 4,730.8 Mn in 2020 to reach US$ 8,697.6 Mn by 2030 at a CAGR of 6.9%. Embedded security products such as embedded SIM, hardware security module, trusted platform module, and hardware token are used for various applications from mobile security to security of IoT connectivity, banking transport pay to automotive and even in wearables, which is certainly drifting market forward. Embedded security products are majorly used worldwide as even simple car ignition key/door key has become more secure with implementing embedded processors to prevent vehicle theft. Furthermore, secure element and embedded SIM finds its application in several products including tablets, payment cards, smartphones and in e-government documents and owing to large number of shipments regarding these products is further accelerating market growth. In addition to this, growing IoT applications are increasing the need for IoT security, which is expected to boost the demand for embedded security products. Government and government agencies are promoting digitization, which is also serving in market growth. Also, growing emphasis regarding the protection of critical infrastructure and sensitive data has increased government involvement in recent years, which is also expected to aid the growth of the market.

Global Embedded Security Product Market Revenue (US$ Mn), 2021 to 2030

However, industry-specific protocols, along with non-adherence to government regulations owing to lack of auditing are key factor expected to hamper the growth of target market. Nonetheless, increasing adoption of cloud-based technologies coupled with growing penetration of internet in developing economies such as China and Asia-pacific regions is serving lucrative opportunities for key players in these regions Global Embedded Security Product market is segmented based on product type, application, and region. Based on product type, the market is segmented into Secure Element and Embedded SIM, Hardware Security Module, Trusted Platform Module, and Hardware Tokens. The Secure Element and Embedded SIM segment accounts for the majority share and is expected to register highest growth over forecast period. Based on application, the market is segmented into Mobile Security, Automotive, Banking Transport Pay-TV & ID, Wearables, and Security in IoT Connectivity. The Mobile Security segment accounts for a majority share in the global Embedded Security Product market.

Global Embedded Security Product Market by Product Type, 2018

Based on region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. The APAC accounts for the majority share in the global Embedded Security Product market and is expected to register highest growth rate over forecast period. The research report on the global Embedded Security Product market includes profiles of some of major companies such as NXP Semiconductors N.V., Infineon Technologies AG, STMicroelectronics N.V, Thales S.A. (Gemalto N.V.) and Microchip Technology Inc.

Below are the active patents related to Embedded Security Product Market.

Patent Number: EP2350910A4 System and method for hardware based security Abstract An asset management system is provided, which includes a hardware module operating as an asset control core. The asset control core generally includes a small hardware core embedded in a target system on chip that establishes a hardware-based point of trust on the silicon die. The asset control core can be used as a root of trust on a consumer device by having features that make it difficult to tamper with. The asset control core is able to generate a unique identifier for one device and participate in the tracking and provisioning of the device through a secure communication channel with an appliance. The appliance generally includes a secure module that caches and distributes provisioning data to one of many agents that connect to the asset control core, e.g. on a manufacturing line or in an after-market programming session. Application File Date: 2009-11-24 Application Granted Date: 2018-07-25 Current Assignee: Certicom Corp Patent Number: US8010789B2 Secure data transfer using an embedded system Abstract A method and device for securing data transmission via an embedded system that is operationally coupled to a local device and a remote computing system using a network is provided. The method includes, determining if data received from the remote computing system is secured, handshaking with the remote computing system if the data received is from a new connection; decrypting the secured data; and transmitting the decrypted data to the local device. The method also includes, determining if the data received from the local device is from a new connection, handshaking with the remote computing system if the data received is from a new connection; encrypting the data; and transmitting the encrypted data to the remote computing system. A receiving module determines whether input data needs to be encrypted or decrypted; a processing module for encrypting and/or decrypting input data; and an output module for transmitting encrypted and/decrypted data. Application File Date: 2004-07-21 Application Granted Date: 2011-08-30 Current Assignee: Lantronix Inc Patent Number: US20160154956A1 Embedded authentication systems in an electronic device Abstract This invention is directed to an electronic device with an embedded authentication system for restricting access to device resources. The authentication system may include one or more sensors operative to detect biometric information of a user. The sensors may be positioned in the device such that the sensors may detect appropriate biometric information as the user operates the device, without requiring the user to perform a step for providing the biometric information (e.g., embedding a fingerprint sensor in an input mechanism instead of providing a fingerprint sensor in a separate part of the device housing). In some embodiments, the authentication system may be operative to detect a visual or temporal pattern of inputs to authenticate a user. In response to authenticating, a user may access restricted files, applications (e.g., applications purchased by the user), or settings (e.g., application settings such as contacts or saved game profile). Application File Date: 2016-02-05 Application Granted Date: 2016-11-15 Current Assignee: Apple Inc

Key Market Segments

By Type
  • Secure Element and Embedded SIM
  • Hardware Security Module
  • Trusted Platform Module
  • Hardware Tokens
By Application
  • Mobile Security
  • Automotive
  • Banking, Transport, Pay-TV & ID
  • Wearables
  • Security in IoT Connectivity
  • Others

Key Market Players included in the report:

  • Advantech Co., Ltd.
  • Analog Devices, Inc.
  • Broadcom Inc.
  • Cisco Systems, Inc.
  • Escrypt
  • Gemalto (Netherlands)
  • Hitex GmbH
  • IDEMIA (France)
  • Infineon (Germany)
  • Inside Secure (France)
  • KURZ and OVD KINEGRAM
  • Laks
  • McAfee LLC
  • Microchip Technology Inc.
  • NXP Semiconductors N.V.
  • Qualcomm Incorporated
  • Rambus
  • Renesas (Japan)
  • Samsung (South Korea)
  • STMicroelectronics (Switzerland)
  • Texas Instruments (US)
  • Thales S.A. (Gemalto N.V.)

Below are the key development patents related to Embedded Security Product Market in 2020 and 2021.

July 2021: Absolute Software Completes Acquisition of NetMotion to Deliver the Next Generation of Endpoint Resilience. Combining the power of self-healing devices and applications with resilient network connection, company positioned to provide unique, competitive offering for high-growth Zero Trust market. Absolute Software Corporation (Nasdaq: ABST) (TSX: ABST), a leader in next generation Endpoint Resilience™ solutions, announced it has completed its previously announced acquisition (the “Acquisition”) of 100% of NetMotion Software, Inc. (“NetMotion”), a leading provider of connectivity and security solutions, from The Carlyle Group. “This shift in thinking, in turn, has fueled interest in zero-trust network access (ZTNA) and secure access service edge (SASE).” The purchase price for the Acquisition was approximately USD$340 million, subject to customary closing and working capital adjustments, and was paid in cash. The Acquisition was financed with approximately USD$65 million in cash from Absolute’s balance sheet and with a USD$275 term loan (described below). Absolute has the industry’s only undeletable defense platform embedded in over a half-billion devices, capable of providing complete connectivity, visibility, and control of endpoints and applications as well as the ability to autonomously heal critical controls to ensure they remain healthy and working effectively. With the addition of NetMotion, Absolute is bringing together the power of self-healing devices and applications with a resilient network connection to deliver the next generation of Endpoint Resilience, enabling organizations to prioritize a secure user experience while also minimizing the strain on IT and security teams, maximizing technology functionality, and strengthening overall security posture. Source July 2021: Comscentre, CustomTec, Correct Solutions and Mach Technology merge. Distributors ACA Pacific Dicker Data Dynamic Supplies Ingram Micro Australia Westcon Comstor. Comscentre, CustomTec, Correct Solutions and Mach Technology Group have banded together to form a new player in the market called Orro Group. The Sydneyheadquartered group, which specialises in cloud, managed, networking and security services, is backed by private equity firms Liverpool Partners and Parc Capital. The combined group claims offices in Melbourne, Brisbane, Adelaide, Perth and the Philippines. Source June 2021: IOT & EMBEDDED SECURITY. IoT Security: Microsoft’s Next Mountain to Climb.Earlier in June, Microsoft acquired IoT security provider ReFirm to supplement its security offerings for operational technology. A few weeks down the line, we take a look at the strategic acquisition and how the Redmond-based tech giant plans to leverage ReFirm’s Binwalk tool. In a bid to secure the “operating system below the operating system,” Microsoft’s acquisition of ReFirm Labs was pretty clear. It sought expertise from, well, experts from the domain involved in developing solutions to thwart the threats that organizations and individuals face over a relatively new attack vector, the internet of things (IoT). Source June 2021: JFrog to Acquire Vdoo to Deliver End-to-End Continuous Security from Development to Device. announced that it has entered into a definitive agreement to acquire Vdoo Connected Trust Ltd. (“Vdoo”) in a cash and stock-based deal valued at approximately $300 million.“We are excited to have Vdoo join the JFrog family ”JFrog has accelerated its efforts to provide an industry-leading security offering to support DevOps users as they respond to the disruption in the market for continuous software delivery. As part of the JFrog Platform, Vdoo will accelerate JFrog’s vision of becoming the company behind all software updates and creating a world of Liquid Software by expanding its end-to-end DevOps Platform offering, providing holistic security from the development environment all the way to edges, IoT and devices. Vdoo’s world-class security experts and vulnerability researchers will join the JFrog team to continue to develop advanced security solutions for developers and security engineers. With years of extensive experience in software architecture and vulnerability research, reverse engineering, and binary code analysis, Vdoo’s team and JFrog will seek to deliver a complete DevSecOps solution to secure the full software packages lifecycle. Source  

Chapter 1 Global Embedded Security Product Market Overview

1.1 Introduction
1.2 Drivers
1.3 Restraints
1.4 Opportunities
1.5 Trends
1.6 PEST Analysis
1.7 PORTER'S Five Forces Analysis
1.8 Market Investment Feasibility Analysis
1.9 Opportunity Orbits
1.10 Opportunity Map

1.10.1 Optimistic Scenario
1.10.2 Likely Scenario
1.10.3 Conservative Scenario


1.11 Regional Market Share and BPS Analysis


Chapter 2 Global Embedded Security Product Market Overview

2.1 Global Embedded Security Product Market by Product Type

2.1.1 Global Embedded Security Product Revenue (US$ Mn) Comparison by Product T
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