Embedded Security for Internet of Things Market 2020: Trends, Strategies, and Market Size | Cisco Systems, Inc., Infineon Technologies AG, STMicroelectronics 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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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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