About Embedded Security For Internet Of Things
Embedded security reference architecture for the Internet of Things (IoT), designed to secure an industrial sensing node by authentication and notification to a web server. Protecting properties from malicious attack is the aim of embedded IoT systems. Usually, this encryption is thought about in terms of keeping certain properties confidential, such as crypto keys, and restricting how applications and data are changed. It is critical that devices and services are adequately secured in order for the Internet of Things (IoT) to function. As IoT devices are increasingly used they remain vulnerable to security threats, hence proper protection mechanism is required in every device and at every level. This necessitates a modular "building block" approach, in which programmers will adapt well-established security strategies to devices ranging from low-cost microcontrollers to high-performance application processors.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Embedded Security For Internet Of Things market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cisco Systems Inc. (United States), Qualcomm Inc. (United States), Samsung Electronics Co. Ltd. (South Korea), Palo Alto Networks Inc. (United States), STMicroelectronics N.V. (Switzerland), ARM Limited (United Kingdom), NXP Semiconductors N.V. (Netherlands), Gemalto (Netherlands), Infineon Technologies AG (Germany) and Renesas Electronics Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Verimatrix (Rambus) (France), Synopsys (United States), Microchip Technology Inc. (United States), Texas Instruments Inc. (United States), Check Point Software Technologies (Israel), Atos (France), Lantronix Inc. (United States), Sectigo (United States) and Escrypt GmbH (ETAS Group) (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Embedded Security For Internet Of Things market by Type (Software and Controller Chip ), Application (Retail, Aerospace and Defence, Healthcare, Gaming, Automotive and Others) and Region.
On the basis of geography, the market of Embedded Security For Internet Of Things has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Smart Factory will boost the Embedded Security For Internet Of Things market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise, the sub-segment i.e. Large Enterprises will boost the Embedded Security For Internet Of Things market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Evolution of Advance Embedded Systems and Highly Diverse IoT Devices
Market Growth Drivers:
Technical Progress in Electronics, Rising Number of IoT Connections across Devices and Growing Implementation of IoT in Industrial Applications
Challenges:
Fierce Competitive Pressure
Restraints:
Complex Cyber Threats and System Vulnerabilities
Opportunities:
Increasing Research and Development in Computer Systems and Lack of Set-up protocols for updating linked IoT devices
Market Leaders and their expansionary development strategies
In December 2023, BlackBerry partners with Amazon Web Services (AWS) to offer the Spark Micro IoT Security Suite on AWS Marketplace, simplifying secure deployment of IoT devices on the AWS cloud.
In October 2023, Infineon Technologies launches the OPTIGA Trust M family of secure microcontrollers with integrated hardware security features and cloud connectivity for industrial IoT applications.
Key Target Audience
Embedded Security for IoT Solution Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.