Embedded Security for Internet of Things Market was valued at USD 5.30 million in 2021 and is expected to reach at USD 14.92 million by 2029 at a CAGR of 13.8 % over forecast period.
Embedded Security for Internet of Things Market Overview
The Embedded Security for Internet of Things Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021-2029. The reports helps in recognizing the key drivers that are driving the growth in the market and also helps in using these drivers as strength.
Embedded security is a strategic approach to protecting software running in embedded systems from attack. Embedded security for IoT is used in smart grid, smart factory, networking equipment, connected car, and computing devices. Implementation of industry guidelines to adopt embedded hardware solutions, the increasing number of connected devices via IoT networks, integration of embedded security in electric vehicles and need for integrated security solution for IoT, demand for additional security for legacy systems due to rise in internet penetration rate, and government agencies promoting digitization are the major factors driving the growth of Global Embedded Security Market.
Market Scope
The report includes factors like Market segmentation and overall market insights for manufacturers, suppliers, distributors and investors in the global Embedded Security for Internet of Things Market . In addition the development process the report provides the cost structures and the development goal and objectives. The strength and weakness of the market are studied applying research tools such SWOT, PESTLE and PORTER’s five forces to seek upcoming opportunities and to deal with the upcoming challenges. The primary and secondary data were analysed by the research experts to find the key drivers and aspects of the Embedded Security for Internet of Things Market . The information and data provided in the report may be used by all stakeholders, students, consulting firms, research institutes, industry professionals, journalists, business researchers, etc. in the global Embedded Security for Internet of Things Market
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Embedded Security for Internet of Things Market Segmentation
Global Embedded Security for Internet of Things Market is segmented by component, by application, by Application, by End users and by Region. By End Users market is segmented into, Retail, Aerospace & Defense, Healthcare, Gaming, Automotive and Others. Among all of these automotive end user segment is expected to lead the market with market share of 31% over forecast period. The increasing use of embedded security for IoT in connected cars is mainly driving the segment.
Key Players
• Intel Corporation
• Trend Micro Incorporated
• Cisco System Inc.
• Inside Secure
• NXP Semiconductors N.V.
• Synopsys, Inc.
• Infineon Technologies AG
• ARM Holdings Plc. (Softbank Corp)
• Gemalto NV
• Palo Alto Networks Inc.
• Check Point Software Technologies Ltd
• Renesas Electronics Corporation
• Qualcomm Incorporated
• Microchip Technology Inc.
• Samsung Electronics Co., Ltd.
• Morpho S.A.S
• Escrypt GmbH
• STMicroelectronics N.V.
• Texas Instruments, Inc.
• IDEMIA
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Regional Analysis
The report also analysis the regional factors that drive the Embedded Security for Internet of Things Market growth. It demonstrates the most significant regional divisions such as North America, Asia Pacific, Europe, Latin America the Middle East and Africa has global influence. The Embedded Security for Internet of Things Market research report includes a geographic condition of the market, and revenue as well as in depth research into the business network structure, opportunities, and news update.
Key Questions answered in the Embedded Security for Internet of Things Market Report are:
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Embedded Security for Internet of Things Market Share , Embedded Security for Internet of Things Market Trend , Embedded Security for Internet of Things Market Segment
Mar 09, 2023