Global Embedded Security Product Market Growth 2023-2029

Global Embedded Security Product Market Growth 2023-2029

In this internet age, identity theft, intellectual property protection, and financial account and payment protection are key concerns to both consumers and designers. To keep everything safe, many systems employ security measures such as data encryption and physical shielding to prevent hackers and other malicious activities from accessing data, financial information, or even intellectual property. Even the simple car door entry key/ignition key has become more secure with embedded processors running challenge and response authentication to prevent vehicle theft. Furthermore, the movement to "smarten" the energy grid will also escalate the demand for secure communications to prevent hackers or terrorists from wreaking havoc on the power grid. This report studies the Embedded Security Product market, including Secure Element and Embedded SIM, Hardware Security Module, Trusted Platform Module, and Hardware Tokens.
LPI (LP Information)' newest research report, the “Embedded Security Product Industry Forecast” looks at past sales and reviews total world Embedded Security Product sales in 2022, providing a comprehensive analysis by region and market sector of projected Embedded Security Product sales for 2023 through 2029. With Embedded Security Product sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Embedded Security Product industry.
This Insight Report provides a comprehensive analysis of the global Embedded Security Product landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Embedded Security Product portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Embedded Security Product market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Embedded Security Product and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Embedded Security Product.
The global Embedded Security Product market size is projected to grow from US$ 3137.2 million in 2022 to US$ 3943 million in 2029; it is expected to grow at a CAGR of 3943 from 2023 to 2029.
Global Embedded Security Product key players include NXP Semiconductors, Infineon, STMicroelectronics, etc. Global top three manufacturers hold a share over 55%.
Asia-Pacific is the largest market, with a share over 55%, followed by Europe and North America, have a share about 40 percent.
In terms of product, Embedded Secure Element (eSE) & Embedded SIM is the largest segment, with a share about 85%. And in terms of application, the largest application is Mobile Secure Transactions, followed by Authentication, Smart Cards, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Embedded Security Product market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Secure Element and Embedded SIM
Trusted Platform Module
Segmentation by application
Mobile Secure Transactions
Authentication
Smart Cards
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NXP Semiconductors
Infineon
STMicroelectronics
Gemalto
IDEMIA
Microchip
Huada Semiconductor Co., Ltd.
Maxim Integrated
Renesas Electronics Corporation.
Samsung
Intel
Nuvoton Technology Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Embedded Security Product market?
What factors are driving Embedded Security Product market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Embedded Security Product market opportunities vary by end market size?
How does Embedded Security Product break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.