[272 Pages Report] The global embedded security for internet of things held US$ 2,525 Million in 2017 and is projected to secure almost US$ 11,125 Million by the end of 2027.
Attribute | Details |
---|---|
Estimated market size of global embedded security for IoT in 2017 | US$ 2,525 Million |
Projected market size of global embedded security for IoT by 2027 | US$ 11,125 Million |
CAGR during 2017 to 2027 | 15.9% |
The controller chip sector of the global embedded security for Internet of Things (IoT) market is expected to increase at a CAGR of 14.7% between 2017 and 2027.
In 2017, the controller chip category is expected to be worth US$ 2,300 Million accounting for more than 80% of global market revenue.
The controller chip segment is predicted to stay dominating during the forecast period. Between 2017 and 2027, it is expected to generate about US$ 6,800 Million in additional revenue.
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Due to increasing intensity of cyber-attacks, various associations that promote best practices for implementing IoT solutions have issued guidelines for implementation and adoption of necessary security solutions in order to protect against such attacks. Implementation of embedded controller chipsets is one such guideline promoting the adoption of embedded solutions for IoT.
An increasing use of controller chipsets in order to ensure protection from cyber-attacks is expected to drive revenue growth of the controller chip segment in the global embedded security for Internet of Things (IoT) market. For instance, in December 2016, a non-profit multi-industry association called Smart Card Alliance promoting best practices for smart card applications in the U.S. and Latin America issued guidelines for the adoption of embedded hardware security (controller chipset) solutions involving end devices to include hardware features and functions to ensure that the required security standards are implemented and maintained.
Increasing adoption of IoT globally is resulting in a large number of devices being connected, communicating and exchanging data with each other seamlessly. Devices connected through IoT networks are used in verticals including smart cities, healthcare, industrial automation, retail, agriculture and others. According to U.S. based IoT solutions provider Cisco Systems Inc., around 7% of global mobile data traffic will come from devices connected through the IoT by 2020.
A rising number of IoT enabled connected devices will result in increased demand for security solutions in terms of hardware. Increasing focus on the component aspect of security is the new trend in the global market that is likely to fuel the growth of the controller chip segment.
Security software alone is not sufficient to protect IoT devices against cyber-attacks and malware and needs to be supported by reliable hardware for data processing and safe storage. Vulnerable hardware components are susceptible to unauthorised access and data theft, thereby compromising the security of the overall system, which is why OEMs are turning towards embedded component suppliers who can address these security issues effectively.
In January 2015, Canadian telecom solutions provider BlackBerry launched a cloud-based IoT platform with device management features enabling data gathering from a range of devices and networks. The platform enables application developers, business partners, and others to collaborate on different aspects of IoT solutions including security. Initially, the platform was targeted at the automotive and shipping sector and in future, it will be extended to other verticals such as energy and healthcare.
Although a number of governing authorities have issued guidelines to be followed by IoT device manufacturers so as to protect against cyber-attacks happening on IoT networks and devices, many device manufacturers and users do not strictly adhere to these guidelines nor take any precautionary measures. Non-adherence to security guidelines results in security lapses, which cyber attackers take advantage of, resulting in unauthorised data access and data thefts. This is a major factor hampering revenue growth of the global embedded security for Internet of Things (IoT) market.
By Component
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Global embedded security for internet of things (IoT) market was estimated to account for US$ 2,525 Mn in 2017 and is expected to grow at a CAGR of 15.9% by 2027.
Cisco Systems, Inc., Infineon Technologies AG, NXP Semiconductors N.V., and Samsung Electronics Co., Ltd. are some prominent embedded security for IoT service providers
1. Embedded Security for Internet of Things (IoT) Market- Executive Summary 2. Assumptions & Acronyms Used 3. Research Methodology 4. Market Overview 4.1. Introduction 4.1.1. Embedded Security for Internet of Things Market Definition 4.1.2. Embedded Security for Internet of Things Market Taxonomy 4.2. Global Embedded Security for Internet of Things Market Dynamics 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunity 4.3. Value Chain 4.4. Global Embedded Security for Internet of Things Market Forecast, 2017-2027 4.4.1. Global Embedded Security for Internet of Things Market Size (Value) Forecast 4.4.1.1. Y-o-Y Growth Projections 4.4.1.2. Absolute $ Opportunity 4.5 Global Embedded Security for Internet of Things (IoT) Market Trend 4.6. Global Embedded Security for Internet of Things Market Snapshot (2016) 4.6.1. Market Size By Component 4.6.2. Market Size By Application 4.6.3. Market Size By Vertical 4.6.4. Market Size By Region 5. Global Embedded Security for Internet of Things Market Analysis, By Component 5.1. Introduction 5.1.1. Y-o-Y Growth Comparison, By Component 5.1.2. Basis Point Share (BPS) Analysis, By Component 5.2. Global Embedded Security for Internet of Things Market Forecast By Component 5.2.1. Software 5.2.1.1. Absolute $ Opportunity 5.2.1.2. Market Value Forecast, By Region 5.2.2. Controller Chip 5.2.2.1. Absolute $ Opportunity 5.2.2.2. Market Value Forecast, By Region 5.3. Global Embedded Security for Internet of Things Market Attractiveness Analysis, By Component 5.4. Prominent Trends 6. Global Embedded Security for Internet of Things Market Analysis, By Application 6.1. Introduction 6.1.1. Y-o-Y Growth Comparison, By Application 6.1.2. Basis Point Share (BPS) Analysis, By Application 6.2. Global Embedded Security for Internet of Things Market Forecast By Application 6.2.1. Smart Factory 6.2.1.1. Absolute $ Opportunity 6.2.1.2. Market Value Forecast, By Region 6.2.2. Smart Grid 6.2.2.1. Absolute $ Opportunity 6.2.2.2. Market Value Forecast, By Region 6.2.3. Connected Car 6.2.3.1. Absolute $ Opportunity 6.2.3.2. Market Value Forecast, By Region 6.2.4. Network Equipment 6.2.4.1. Absolute $ Opportunity 6.2.4.2. Market Value Forecast, By Region 6.2.5. Computing Devices 6.2.5.1. Absolute $ Opportunity 6.2.5.2. Market Value Forecast, By Region 6.3. Global Embedded Security for Internet of Things Market Attractiveness Analysis, By Application 6.4. Prominent Trends 7. Global Embedded Security for Internet of Things Market Analysis, By Vertical 7.1. Introduction 7.1.1. Y-o-Y Growth Comparison, By Vertical 7.1.2. Basis Point Share (BPS) Analysis, By Vertical 7.2. Global Embedded Security for Internet of Things Market Forecast By Vertical 7.2.1. Retail 7.2.1.1. Absolute $ Opportunity 7.2.1.2. Market Value Forecast, By Region 7.2.2. Aerospace and defense 7.2.2.1. Absolute $ Opportunity 7.2.2.2. Market Value Forecast, By Region 7.2.3. Healthcare 7.2.3.1. Absolute $ Opportunity 7.2.3.2. Market Value Forecast, By Region 7.2.4. Gaming 7.2.4.1. Absolute $ Opportunity 7.2.4.2. Market Value Forecast, By Region 7.2.5. Automotive 7.2.5.1. Absolute $ Opportunity 7.2.5.2. Market Value Forecast, By Region 7.2.6. Others 7.2.6.1. Absolute $ Opportunity 7.2.6.2. Market Value Forecast, By Region 7.3. Global Embedded Security for Internet of Things Market Attractiveness Analysis, By Vertical 7.4. Prominent Trends 8. Global Embedded Security for Internet of Things Market Analysis, By Region 8.1. Introduction 8.1.1. Y-o-Y Growth Projections, By Region 8.1.2. Basis Point Share (BPS) Analysis, By Region 8.2. Global Embedded Security for Internet of Things Market Forecast By Region 8.2.1. North America Market Value Forecast 8.2.2. Latin America Market Value Forecast 8.2.3. Asia Pacific excluding Japan Market Value Forecast 8.2.4. Japan Market Value Forecast 8.2.5. Eastern Europe Market Value Forecast 8.2.6. Western Europe Market Value Forecast 8.2.7. Middle East & Africa Market Value Forecast 8.3. Regional Attractiveness Analysis 8.4. Prominent Trends 9. North America Embedded Security for Internet of Things Market Analysis 9.1. Introduction 9.1.1. Y-o-Y Growth Projections, By Country 9.1.2. Basis Point Share (BPS) Analysis, By Country 9.2. North America Embedded Security for Internet of Things Market Forecast 9.2.1. Market Value Forecast By Country 9.2.1.1. U.S. Absolute $ Opportunity 9.2.1.2. Canada Absolute $ Opportunity 9.2.2. Market Value Forecast By Component 9.2.2.1. Software 9.2.2.2. Controller Chip 9.2.3. Market Value Forecast By Application 9.2.3.1. Smart Factory 9.2.3.2. Smart Grid 9.2.3.3. Connected Car 9.2.3.4. Networking Equipment 9.2.3.5. Computing Devices 9.2.4. Market Value Forecast By Vertical 9.2.4.1. Retail 9.2.4.2. Aerospace and defense 9.2.4.3. Healthcare 9.2.4.4. Gaming 9.2.4.5. Automotive 9.2.4.6. Others 9.2.5. Embedded Security for Internet of Things Market Attractiveness Analysis 9.2.5.1. By Component 9.2.5.2. By Application 9.2.5.3. By Vertical 9.2.6. Drivers & Restraints: Impact Analysis 10. Latin America Embedded Security for Internet of Things Market Analysis 10.1. Introduction 10.1.1. Y-o-Y Growth Projections, By Country 10.1.2. Basis Point Share (BPS) Analysis, By Country 10.2. Latin America Embedded Security for Internet of Things Market Forecast 10.2.1. Market Value Forecast By Country 10.2.1.1. Mexico Absolute $ Opportunity 10.2.1.2. Brazil Absolute $ Opportunity 10.2.1.3. Argentina Absolute $ Opportunity 10.2.1.4. Rest of Latin America Absolute $ Opportunity 10.2.2. Market Value Forecast By Component 10.2.2.1. Software 10.2.2.2. Controller Chip 10.2.3. Market Value Forecast By Application 10.2.3.1. Smart Factory 10.2.3.2. Smart Grid 10.2.3.3. Connected Car 10.2.3.4. Networking Equipment 10.2.3.5. Computing Devices 10.2.4. Market Value Forecast By Vertical 10.2.4.1. Retail 10.2.4.2. Aerospace and defense 10.2.4.3. Healthcare 10.2.4.4. Gaming 10.2.4.5. Automotive 10.2.4.6. Others 10.2.5. Embedded Security for Internet of Things Market Attractiveness Analysis 10.2.5.1. By Component 10.2.5.2. By Application 10.2.5.3. By Vertical 10.2.6. Drivers & Restraints: Impact Analysis 11. APEJ Embedded Security for Internet of Things Market Analysis 11.1. Introduction 11.1.1. Y-o-Y Growth Projections, By Country 11.1.2. Basis Point Share (BPS) Analysis, By Country 11.2. APEJ Embedded Security for Internet of Things Market Forecast 11.2.1. Market Value Forecast, By Country/Region 11.2.1.1. China Absolute $ Opportunity 11.2.1.2. India Absolute $ Opportunity 11.2.1.3. ASEAN Absolute $ Opportunity 11.2.1.4. Australia and New Zealand Absolute $ Opportunity 11.2.1.5. Rest of APEJ Absolute $ Opportunity 11.2.2. Market Value Forecast By Component 11.2.2.1. Software 11.2.2.2. Controller Chip 11.2.3. Market Value Forecast By Application 11.2.3.1. Smart Factory 11.2.3.2. Smart Grid 11.2.3.3. Connected Car 11.2.3.4. Networking Equipment 11.2.3.5. Computing Devices 11.2.4. Market Value Forecast By Vertical 11.2.4.1. Retail 11.2.4.2. Aerospace and defense 11.2.4.3. Healthcare 11.2.4.4. Gaming 11.2.4.5. Automotive 11.2.4.6. Others 11.2.5. Embedded Security for Internet of Things Market Attractiveness Analysis 11.2.5.1. By Component 11.2.5.2. By Application 11.2.5.3. By Vertical 11.2.6. Drivers & Restraints: Impact Analysis 12. Japan Embedded Security for Internet of Things Market Analysis 12.1. Introduction 12.1.1. Japan Absolute $ Opportunity 12.1.2. Y-o-Y Growth Projections 12.2. Japan Embedded Security for Internet of Things Market Forecast 12.2.1. Market Value Forecast By Component 12.2.1.1. Software 12.2.1.2. Controller Chip 12.2.2. Market Value Forecast By Application 12.2.2.1. Smart Factory 12.2.2.2. Smart Grid 12.2.2.3. Connected Car 12.2.2.4. Networking Equipment 12.2.2.5. Computing Devices 12.2.3. Market Value Forecast By Vertical 12.2.3.1. Retail 12.2.3.2. Aerospace and defense 12.2.3.3. Healthcare 12.2.3.4. Gaming 12.2.3.5. Automotive 12.2.3.6. Others 12.2.4. Embedded Security for Internet of Things Market Attractiveness Analysis 12.2.4.1. By Component 12.2.4.2. By Application 12.2.4.3. By Vertical 12.2.5. Drivers & Restraints: Impact Analysis 13. Eastern Europe Embedded Security for Internet of Things Market Analysis 13.1. Introduction 13.1.1. Y-o-Y Growth Projections, By Country 13.1.2. Basis Point Share (BPS) Analysis, By Country 13.2. Eastern Europe Embedded Security for Internet of Things Market Forecast 13.2.1. Market Value Forecast By Country/Region 13.2.1.1. Russia Absolute $ Opportunity 13.2.1.2. Poland Absolute $ Opportunity 13.2.1.3. Rest of Eastern Europe Absolute $ Opportunity 13.2.2. Market Value Forecast By Component 13.2.2.1. Software 13.2.2.2. Controller Chip 13.2.3. Market Value Forecast By Application 13.2.3.1. Smart Factory 13.2.3.2. Smart Grid 13.2.3.3. Connected Car 13.2.3.4. Networking Equipment 13.2.3.5. Computing Devices 13.2.4. Market Value Forecast By Vertical 13.2.4.1. Retail 13.2.4.2. Aerospace and defense 13.2.4.3. Healthcare 13.2.4.4. Gaming 13.2.4.5. Automotive 13.2.4.6. Others 13.2.5. Embedded Security for Internet of Things Market Attractiveness Analysis 13.2.5.1. By Component 13.2.5.2. By Application 13.2.5.3. By Vertical 13.2.6. Drivers & Restraints: Impact Analysis 14. Western Europe Embedded Security for Internet of Things Market Analysis 14.1. Introduction 14.1.1. Y-o-Y Growth Projections, By Country 14.1.2. Basis Point Share (BPS) Analysis, By Country 14.2. Western Europe Embedded Security for Internet of Things Market Forecast 14.2.1. Market Value Forecast By Country/Region 14.2.1.1. Germany Absolute $ Opportunity 14.2.1.2. France Absolute $ Opportunity 14.2.1.3. U.K. Absolute $ Opportunity 14.2.1.4. Spain Absolute $ Opportunity 14.2.1.5. Italy Absolute $ Opportunity 14.2.1.6. Nordic Absolute $ Opportunity 14.2.1.7. Benelux Absolute $ Opportunity 14.2.1.8. Rest of Western Europe Absolute $ Opportunity 14.2.2. Market Value Forecast By Component 14.2.2.1. Software 14.2.2.2. Controller Chip 14.2.3. Market Value Forecast By Application 14.2.3.1. Smart Factory 14.2.3.2. Smart Grid 14.2.3.3. Connected Car 14.2.3.4. Networking Equipment 14.2.3.5. Computing Devices 14.2.4. Market Value Forecast By Vertical 14.2.4.1. Retail 14.2.4.2. Aerospace and defense 14.2.4.3. Healthcare 14.2.4.4. Gaming 14.2.4.5. Automotive 14.2.4.6. Others 14.2.5. Embedded Security for Internet of Things Market Attractiveness Analysis 14.2.5.1. By Component 14.2.5.2. By Application 14.2.5.3. By Vertical 14.2.6. Drivers & Restraints: Impact Analysis 15. Middle East & Africa Embedded Security for Internet of Things Market Analysis 15.1. Introduction 15.1.1. Y-o-Y Growth Projections, By Country 15.1.2. Basis Point Share (BPS) Analysis, By Country 15.2. MEA Embedded Security for Internet of Things Market Forecast 15.2.1. Market Value Forecast By Country/Region 15.2.1.1. GCC Absolute $ Opportunity 15.2.1.2. North Africa Absolute $ Opportunity 15.2.1.3. South Africa Absolute $ Opportunity 15.2.1.4. Rest of MEA Absolute $ Opportunity 15.2.2. Market Value Forecast By Component 15.2.2.1. Software 15.2.2.2. Controller Chip 15.2.3. Market Value Forecast By Application 15.2.3.1. Smart Factory 15.2.3.2. Smart Grid 15.2.3.3. Connected Car 15.2.3.4. Networking Equipment 15.2.3.5. Computing Devices 15.2.4. Market Value Forecast By Vertical 15.2.4.1. Retail 15.2.4.2. Aerospace and defense 15.2.4.3. Healthcare 15.2.4.4. Gaming 15.2.4.5. Automotive 15.2.4.6. Others 15.2.5. Embedded Security for Internet of Things Market Attractiveness Analysis 15.2.5.1. By Component 15.2.5.2. By Application 15.2.5.3. By Vertical 15.2.6. Drivers & Restraints: Impact Analysis 16. Competition Landscape 16.1. Competition Dashboard 16.2. Recent Deals/Contracts 16.3. Company Profiles 16.3.1. Intel Corporation 16.3.2. Cisco System Inc. 16.3.3. NXP Semiconductors N.V. 16.3.4. Infineon Technologies AG 16.3.5. Gemalto NV 16.3.6. Check Point Software Technologies Ltd. 16.3.7. Palo Alto Networks Inc. 16.3.8. ARM Holdings Plc. (SoftBank Corp) 16.3.9. Synopsys, Inc. 16.3.10. Inside Secure 16.3.11. Trend Micro Incorporated
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