Embedded Security Product Market Is Expected To Reach USD 7260 Million By 2023 With A Growing CAGR Of 6.4%

This report,Expert covers the present scenario (with the base year being 2017) and the growth prospects of global Embedded Security Product market for 2018-2023. 

In this internet age, identity theft, intellectual property protection, and financial account and payment protection are key concerns to both consumers and designers. To keep everything safe, many systems employ security measures such as data encryption and physical shielding to prevent hackers and other malicious activities from accessing data, financial information, or even intellectual property. Even the simple car door entry key/ignition key has become more secure with embedded processors running challenge and response authentication to prevent vehicle theft. Furthermore, the movement to "smarten" the energy grid will also escalate the demand for secure communications to prevent hackers or terrorists from wreaking havoc on the power grid. This report studies the Embedded Security Product market, including Secure Element and Embedded SIM, Hardware Security Module, Trusted Platform Module, and Hardware Tokens. Of the major players of Embedded Security Product, NXP Semiconductors maintained its first place in the ranking in 2017. NXP Semiconductors accounted for 16.35 % of the Global Embedded Security Product revenue market share in 2017. Other players accounted for 16.13 %, 12.50 % including Infineon and STMicroelectronics. On the basis of product type, the Secure Element and Embedded SIM segment is projected to account for the largest revenue share during the forecast period; this segment was estimated to account for 65.09 % revenue share in 2017. 

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In the applications, the Mobile Security and Banking, Transport, PayTV & ID segment were estimated to account for the highest revenue share of 56.26 % in 2017. But the Wearables and Security in IoT Connectivity are expected to gain significant market share by the end of 2025, due to the rapid growth demand of smart things, smart home and smart city. 
Over the next five years, expert  projects that Embedded Security Product will register a 6.4% CAGR in terms of revenue, reach US$ 7260 million by 2023, from US$ 5010 million in 2017. 
This report presents a comprehensive overview, market shares, and growth opportunities of Embedded Security Product market by product type, application, key manufacturers and key regions. 

To calculate the market size, expert considers value and volume generated from the sales of the following segments: 

Segmentation by product type: 
Secure Element and Embedded SIM 
Hardware Security Module 
Trusted Platform Module 
Hardware Tokens 
Segmentation by application: 
Mobile Security 
Automotive 
Banking, Transport, Pay-TV & ID 
Wearables 
Security in IoT Connectivity 
Others 

This report also splits the market by region: 
Americas 
United States 
Canada 
Mexico 
Brazil 
APAC 
China 
Japan 
Korea 
Southeast Asia 
India 
Australia 
Europe 
Germany 

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: 
NXP Semiconductors 
Infineon 
STMicroelectronics 
Gemalto 
IDEMIA 
Thales e-Security, Inc. 
Beijing HuaDa ZhiBao Electronic System 
Renesas 
Micro Focus Atalla 
Microchip 
Samsung 
Texas Instruments 
Maxim Integrated 
Inside Secure 
IBM 
Utimaco 
Swift 

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. 

Research objectives 
To study and analyze the global Embedded Security Product consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. 
To understand the structure of Embedded Security Product market by identifying its various subsegments. 
Focuses on the key global Embedded Security Product manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. 
To analyze the Embedded Security Product with respect to individual growth trends, future prospects, and their contribution to the total market. 
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). 
To project the consumption of Embedded Security Product submarkets, with respect to key regions (along with their respective key countries). 
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. 
To strategically profile the key players and comprehensively analyze their growth strategies. 

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