Embedded Security for Internet of Things Market - Top Impacting Factors That Could Escalate Markets | Cisco Systems, Inc., Infineon Technologies AG, STMicroelectronics N.V., NXP Semiconductors N.V.

An embedded device contains a special-purpose computing system. These systems are completely enclosed by an object. Whereas, embedded security is the reduction of vulnerabilities and provide protection against threats in software that is implemented or executed on embedded devices. Internet of things (IoT) is extension of Internet connectivity in an ever-growing network of physical devices that feature an IP address for internet connectivity. Embedded security for IoT is offered to a network of Internet connected objects or devices that are able to collect, communicate, and interact or exchange data with other devices over the Internet. This provides a significant growth in the embedded security for internet of things market size.

Rise in sophistication of cyber-attacks on IoT devices and networks is driving the growth of the global market. In addition, growing demand to reduce IoT security vulnerabilities is fueling the demand for embedded controller chip, which in turn is expected to fuel the growth of the embedded security for the Internet of things market. Rising inclination toward cloud-based IoT platform security solutions that provides in-built security framework is among some of the major factors that boost the growth of the embedded security for Internet of things market. For instance, in January 2015, BlackBerry Limited launched a cloud-based IoT platform with device management features. These features are expected to enable data gathering from a wide range of devices and networks and help them to collaborate on different aspects of IoT solutions that include security. However, lack of adherence to security guidelines while manufacturing IoT devices can hamper the growth of the embedded security for Internet of things market.

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The global embedded security for internet of things market is segmented based on component, application, vertical, and region. Based on component, the market is bifurcated into software and controller chip. Based on application, the global market is classified into smart factory, smart grid, connected car, networking equipment, and computing devices. Based on vertical, it is segmented into retail, aerospace & defense, healthcare, gaming, automotive, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the embedded security for Internet of things market analysis are Cisco Systems, Inc., Infineon Technologies AG, STMicroelectronics N.V., NXP Semiconductors N.V., Texas Instruments, Inc., Renesas Electronics Corporation, Qualcomm Incorporated, Microchip Technology Inc, Samsung Electronics Co., Ltd., Morpho S.A.S (IDEMIA), and Escrypt GmbH (ETAS Group).

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KEY BENEFITS FOR STAKEHOLDERS

o The study provides an in-depth analysis of the global embedded security for internet of things market size along with the current trends and future estimations to elucidate the imminent investment pockets.

o Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.

o Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.

o The quantitative analysis of the global embedded security for internet of things market industry from 2019 to 2026 is provided to determine the market potential.

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KEY MARKET SEGMENTS

BY COMPONENT

o Software
o Controller Chip

BY APPLICATION

o Smart Factory
o Smart Grid
o Connected Car
o Networking Equipment
o Computing Devices

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