Market Overview

$4.49 Bn Embedded Security Market - Forecasts from 2018 to 2023 - ResearchAndMarkets.com

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The "Embedded
Security Market - Forecasts from 2018 to 2023"
report has been
added to ResearchAndMarkets.com's offering.

The embedded security market was valued at US$3.102 billion in 2017 and
is projected to expand at a CAGR of 6.39% over the forecast period to
reach US$4.499 billion by 2023.

The major factors driving the demand for embedded security solutions are
growing applications in the automotive industry, rising sales of smart
devices and the trend towards digitalization. In addition, an increase
in the IoT adoption will further contribute to the growing demand for
different embedded security solutions.

North America and Europe hold a significant market share owing to early
adoption of technology and high research expenditure. The Asia Pacific
region will witness impressive growth over the forecast period owing to
the booming consumption of consumer electronics and government
initiatives promoting the use of EMV cards.

Major industry players profiled as part of the report are Infineon
Technology AG, Advanced Card Systems Ltd., Precise Biometrics, McAfee
Solutions, Gemalto NV, Texas Instruments Incorporated, and Renesas
Electronics Corporated among others.

Segmentation:

By Application

  • Programming
  • Home and Industrial Automation
  • Authentication
  • Payment Processing
  • Others

By End-User Industry

  • Manufacturing
  • Consumer Electronics
  • Automotive
  • Information Communication and Technology
  • Healthcare
  • Others

Companies Mentioned

  • Infineon Technology AG
  • Advanced Card Systems Ltd.
  • Precise Biometrics
  • McAfee Solutions
  • Gemalto NV
  • Texas Instruments Incorporated
  • Renesas Electronics Corporated
  • Microchip Technology, Inc.
  • Symantec Corporation
  • Microcomputer Applications, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/tmf7q8/4_49_bn_embedded?w=4

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