Embedded Security Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Service), By Security Type (Authentication And Access Management, Payment), By End Use, By Region And Segment Forecasts, 2024 - 2030

Embedded Security Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Service), By Security Type (Authentication And Access Management, Payment), By End Use, By Region And Segment Forecasts, 2024 - 2030

Embedded Security Market Size & Trends

The global embedded security market size was valued at USD 7.40 billion in 2023 and is expected to grow at a CAGR of 7.6% from 2024 to 2030. The market is focused on providing security solutions for embedded systems, which are specialized computing systems designed to perform dedicated functions within larger devices. With the proliferation of IoT devices, connected cars, industrial control systems, and smart medical devices, the demand for robust embedded security solutions has surged. Key drivers include the rising threat of cyber-attacks, stringent regulatory requirements, and advancements in technology such as AI and machine learning, which are enhancing security capabilities. As technology evolves and the number of connected devices grows, the market is expected to expand significantly, emphasizing the need for continuous innovation and robust security measures.

The rise in cyber-attacks targeting embedded systems, particularly IoT devices, has significantly heightened the need for embedded security solutions. Embedded systems, often integral components in critical infrastructure, consumer electronics, medical devices, and industrial control systems, are increasingly becoming targets for cybercriminals due to their widespread deployment and often insufficient security measures. IoT devices, which connect and communicate over networks, present numerous entry points for attackers to exploit. These vulnerabilities can lead to unauthorized access, data breaches, device manipulation, and even large-scale attacks like distributed denial-of-service (DDoS) attacks.

The market is increasingly leveraging advanced technologies to enhance protection. AI and machine learning are being utilized to predict and mitigate potential threats in real-time by analyzing patterns and identifying anomalies. Blockchain technology enhances security, particularly in IoT applications, by providing decentralized, tamper-proof data integrity and secure transactions. Similarly, zero trust architecture is being implemented to ensure that no entity, whether inside or outside the network, is trusted by default. This principle enforces strict verification for every device and user attempting to access network resources, significantly reducing the risk of unauthorized access and enhancing overall security. These innovations are critical in addressing the evolving cyber threat landscape and ensuring robust embedded security.

Global Embedded Security Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2018 to 2030 in each of the sub-segments. For this study, Grand View Research has segmented the global embedded security market report based on component, security type, end use and region:

• Component Outlook (Revenue, USD Billion, 2018 - 2030)
• Hardware
• Secure Element
• Embedded SIM
• Trusted Platform Modules
• Hardware Security Modules
• Hardware Token
• Software
• Service
• Security Type Outlook (Revenue, USD Billion, 2018 - 2030)
• Authentication And Access Management
• Payment
• Content Protection
• End Use Outlook (Revenue, USD Billion, 2018 - 2030)
• Automotive
• Healthcare
• Consumer Electronics
• Telecommunications
• Aerospace & defense
• Others
• Regional Outlook (Revenue, USD Billion, 2018 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Latin America
• Brazil
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa

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