글로벌 임베디드 보안 시장 – 2022-2029

Market Overview
The global embedded security market size was worth US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of YY% during the forecast period (2022-2029).
Companies adopt embedded systems security as a design process, a practice and a commitment to reduce the threat exposure of the gadgets they create and the data they produce. The responsibility for embedded device security spans the entire lifecycle. A method for protecting embedded systems against cyberattacks is embedded systems security. Embedded systems, also called "embedded computers," are little machines that serve a specific purpose inside a larger system.
Embedded systems include things like Internet of Things (IoT) gadgets. For instance, several tasks are carried out by smart home gadgets like your thermostat, refrigerator and security alarm. It is nevertheless a part of the overall household system and is linked to one another via the Internet. As hostile actors attack these devices more frequently, embedded systems security tries to safeguard the software that runs on them.
Market Dynamics
The adoption of IoT devices and expanding integrated security applications in the automotive industry are the main factors boosting the market growth. However, the expansion of the embedded security industry may be hampered by cyber threats and security breaches.
The growing applications in the automotive sector
Numerous automotive applications, including body electronics, navigation systems, steering & braking systems, traffic control, powertrain & chassis control and mobile and e-Com access apps, require embedded security. Embedded security is crucial for improving robot reliability and performance in some unique situations, such as reducing IOT attack concerns and security posture evaluation.
Additionally, for applications in the automotive industry, embedded security solutions provide various features like immobilizer systems, increased vehicle safety, guard sensors, component identification, telematics, infotainment systems and higher automotive reliability, which is what is driving the growth of the embedded security market.
The increasing adoption of IoT devices
IoT deployment will increase during the projection period. IoT-integrated gadgets are now found everywhere and are digitally interconnected and prevalent in many facets of modern life, including homes, workplaces and automobiles. The technology offers quicker and better monitoring, processing and control as and when required. Even some decision-making can be automated or pre-programmed. However, a significant problem with IoT is that it creates too much data, which leaves the devices open to assault by hackers.
Security is, therefore, essential to developing the internet of things market. Attacks on industrial machine-to-machine networks have brought to light several risks associated with cyber-attacks, including brand devaluation, operational disruptions and damage to customer relationships. As more IoT-enabled devices are used, there is an increasing need for security during the forecast period.
The rise in cyber threats and security breaches
Data kept in embedded devices like memory may be used by banks, data centers, healthcare organizations and the military. It is crucial to safeguard these devices from cyberattacks and data breaches. Embedded systems are susceptible to assaults because of irregular security updates, a lengthy device lifecycle, remote deployment and attack replication. Due to the market's vulnerability to cyberattacks and security breaches, its growth is likely to be hindered.
COVID-19 Impact Analysis
The COVID-19 pandemic's global spread has put a strain on the manufacturing of embedded security goods like hardware security modules, embedded security tokens and others. Although the supply chain and the entire embedded products business are being disrupted, the impact will last for a while, primarily because of partial or complete lockdowns. The embedded security industry grew steadily from 2018 to 2019 but is projected to experience a noticeable drop in 2020 and beyond.
China is the world's leading producer of embedded security systems, causing production to decline and creating difficult conditions for suppliers and manufacturers. However, it is anticipated that the COVID-19 outbreak will spur future market expansion regarding the demand for software. A surge in cyberattacks, especially those involving malware and ransomware, has been brought on by using remote working environments. Due to this, businesses now have strict security measures in place and the foreseeable period will likely see a continuation of this trend.
Segment Analysis
By end-user, the embedded security market is segmented into automotive, healthcare, consumer electronics, telecommunications, aerospace & defense and others.
The rising demand for electric vehicles drives the automotive segment
During the forecast period, the automotive segment is anticipated to dominate the market. With an increasing number of wireless technologies connecting it to the outside world, the car is quickly expanding into a significant component of the IoT. The market sales of linked automobiles will surpass conventional cars in the upcoming years. Although the advantages of increased connection are advantageous, it also creates a sea of opportunity for criminal hackers and online intruders to try to access the systems.
The number of automotive cybersecurity incidents increased by 99% between 2018 and 2019, according to Upstream Security's 2020 Global Automotive Cybersecurity info. Furthermore, the development of autonomous vehicles is facilitated by advanced driver-assistance systems (ADAS), pushing the automotive electronics sector to reach new heights of complexity, performance and safety.
Geographical Analysis
The rising concerns about critical infrastructure in North America
Due to the highest number of IoT and smart project deployments, which greatly enhance the need for IoT security and the increasing acceptance of cloud-based technologies, North America accounts for a considerable share of the global embedded security market. A group known as U.S. Embedded Security Council (ESC) offers industry insights, best practices and instructional programs for embedded security solutions on various platforms.
Government intervention has recently expanded due to rising concerns about sensitive data and key infrastructure safety. Additionally, Timesys Corporation (one of the top suppliers of embedded, open-source software and security solutions) declared expanded functionality of Timesys Vigiles in April 2020, bringing new Software Composition Analysis (SCA) features and security vulnerabilities to urgent care and reduction tools for embedded system products.
Additionally, the prevalence of malware and ransomware-based cyberattacks has increased due to technological improvements, necessitating the purchase of cybersecurity solutions by businesses. The elements would promote embedded security usage during the forecasted period, boosting the expansion of the embedded security industry.
Competitive Landscape
The embedded security industry is extremely fragmented and the leading companies have utilized various strategies to extend their footprints in the market, which supports fierce competition. Its strategies include new product releases, expansions, agreements, collaborations and acquisitions. Manufacturers and service providers of embedded security are concentrating on innovation in goods and services to strengthen their market positions.
Major global embedded security market companies include Infineon Technologies AG, STMicroelectronics N.V., Texas Instruments Inc., McAfee, LLC, Microchip Technology Inc., Intellias Ltd., Karamba Security Ltd., Samsung Electronics Co., Idemia Group and Rambus Incorporated.
Infineon Technologies AG
Overview: With its corporate headquarters in Germany and a provider of semiconductor solutions since 1999, Infineon Technologies AG creates, manufactures and sells application-specific integrated circuits (ICs), diodes, evaluation boards and ICs for automotive systems. The business provides products against electrostatic discharge and electromagnetic interference through its subsidiaries.
Product Portfolio: The OPTIGATM line of security solutions offered by the company is created for simple integration into embedded systems to safeguard the privacy, integrity and reliability of data and gadgets. Its hardware-based security solutions range from straightforward implementations like authentication chips to more complex ones.
The OPTIGATM TPM (Trusted Platform Module) products are perfect for embedded PC, mobile and computing applications. At the same time, the OPTIGATM Trust family comprises turnkey products for smaller platforms and programmable solutions. The Trusted Computing Group (TCG) standards are adhered to by all OPTIGATM TPM products.
Key Development: Infineon released the SLC26P security controller for payment applications in November 2022. Based on 28 nm technology, it improves the company's supply options to provide long-term, dependable sourcing for smart cards and embedded security ICs.
Why Purchase the Report?
• Visualize the composition of the embedded security market segmentation by component, application, end-user and region, highlighting the critical commercial assets and players.
• Identify commercial opportunities in the embedded security market by analyzing trends and co-development deals.
• Excel data sheet with thousands of embedded security market-level 4/5 segmentation points.
• Pdf report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players
The global embedded security market report would provide access to an approx. 61 market data table, 55 figures and 205 pages.
Target Audience 2022
• Embedded Security Service Providers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Emerging Companies
• Embedded Security Manufacturers