The Worldwide Embedded Security Industry is Expected to Reach $6.7 billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Embedded Security - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The global market for Embedded Security estimated at US$4.4 Billion in the year 2020, is projected to reach a revised size of US$6.7 Billion by 2027, growing at a CAGR of 6.1% over the analysis period 2020-2027.

Secure Element & Embedded SIM, one of the segments analyzed in the report, is projected to grow at a 5.6% CAGR to reach US$2.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Trusted Platform Module segment is readjusted to a revised 6.2% CAGR for the next 7-year period. This segment currently accounts for a 26.6% share of the global Embedded Security market.

The U.S. Accounts for Over 33.9% of Global Market Size in 2020, While China is Forecast to Grow at a 7.5% CAGR for the Period of 2020-2027

The Embedded Security market in the U.S. is estimated at US$1.5 Billion in the year 2020. The country currently accounts for a 33.88% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.1 Billion in the year 2027 trailing a CAGR of 7.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 5.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR while Rest of European market (as defined in the study) will reach US$1.1 Billion by the year 2027.

Hardware Security Module Segment Corners a 22.7% Share in 2020

In the global Hardware Security Module segment, USA, Canada, Japan, China and Europe will drive the 6.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$802.9 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$869.2 Million by the year 2027.

Select Competitors (Total 240 Featured) -

• Cisco Systems, Inc.
• CYBERNET SYSTEMS CO. LTD.
• ESCRYPT GmbH
• IDEMIA Group
• Infineon Technologies AG
• Intellias Inc.
• Karamba Security, Ltd.
• McAfee, LLC
• Microchip Technology Inc.
• NXP Semiconductors N.V.
• Qualcomm Technologies, Inc.
• Rambus Incorporated
• Renesas Electronics Corp.
• Samsung Electronics Co., Ltd.
• Sectigo, Ltd.
• STMicroelectronics
• Texas Instruments Inc.
• Thales Group

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to the publisher's digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Need for End-to End Protection from Cyberattacks Provides the Foundation for the Growth of Embedded Security
• Discussing Prognosis: Here's What Everyone Should Know About the Pandemic & the Global Economy
• Mutating Coronavirus is the New Pandemic Challenge in 2022 - After Omicron, Comes Stealth Omicron Fueling Fresh Waves of Infections Across the Globe
• With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking Amid Waning Vaccine Immunity. But How Practical Is It to Implement Them?
• At the Dawn of 2022 After Numerous New Strains & Millions of Deaths, Challenges in Vaccine Production, Supply, Access & Technology Sharing Continue to Remain
• Split Scenarios Unfold: The Great Vaccine Divide Emerges
• The Great Vaccine Controversy & Growing Anti-Vaccination Movement Aggravates the Divide Between the Vaccinated & the Unvaccinated
• The Verdict's Out - The Pandemic Cannot Be Ended But Can be Maneuvered to Become Endemic and More Manageable
• Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
• Dragging Pandemic, New Virus Strains, Fresh Societal Risks, Renewed Economic Disruptions Bring Weaker Growth in 2022 as Compared to 2021
• New Bursts of Inflation Caused by Russia-Ukraine War Threatens Economic Recovery
• Competition
• Competitive Market Presence - Strong/Active/Niche/Trivial for 246 Players Worldwide in 2022 (E)
• Embedded Security: Overview, Importance & Benefits
• Recent Market Activity
• Innovations

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Robust Outlook for Embedded Systems to Spur Gains in the Embedded Security Market
• Embedded Security for IoT Storms into the Spotlight
• Heightened Concerns Over Cyber Risk for Industrial Control Systems, Drives the Need for Embedded Security
• Growing Demand for Military Embedded Systems Along with Robust Spending on Military & Defense Bodes Well for Growth in Embedded Security
• Embedded Security Using Cryptography Hogs the Limelight
• With Connected Care Gaining Prominence, Cybersecurity Threats Looming Over Medical Wearables Augments Demand for Embedded Security
• Growing Use Case for Embedded Security in Electric Vehicles & Autonomous Cars

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ll89bo