Global Embedded Security for Internet of Things (IoT) Market estimated to reach US$ 11,123.6 Mn by 2027-end
As per the report, the global market for embedded security for Internet of Things stood at US$ 2,525.0 Mn in 2016 and is estimated to reach US$ 11,123.6 Mn by 2027-end. In terms of revenue, the market is expected to witness a CAGR of 14.6% forecast period (2017–2027). Embedded security for Internet of Things market in Asia Pacific excluding Japan (APEJ) is projected to witness a relatively higher growth in terms of value over the forecast period.
Ask For Report Sample @ http://www.futuremarketinsights.com/reports/sample/rep-gb-2410
Key Highlights of the Report include:
By the end of 2027, controller chip components will account for nearly 83% revenue share of the global market for embedded security for IoT, reflecting a CAGR of 14.7% over the forecast period.
Application of embedded security for IoT in connected cars is expected to increase significantly throughout the forecast period. In 2016, around US$ 686.7 Mn worth embedded security systems for IoT were installed in connected cars.
On the basis of vertical, the automotive industry is estimated to dominate the global embedded security for Internet of Things market, with 29.5% revenue share by 2027-end.
In addition to APEJ, North America is projected to be one of the most attractive markets for embedded security for Internet of Things during the forecast period. In 2016, the region’s market was valued at US$ 772.7 Mn and accounted for 30.6% revenue share. This region is expected to remain dominant in terms of revenue throughout the forecast period. Increasing adoption of IoT devices has resulted in increased security concerns, hence a number of government regulatory bodies in the U.S. have issued security guidelines for IoT solution providers across different verticals. Meanwhile, the Western Europe embedded security for Internet of Things market is estimated to reach US$ 1,676.9 Mn by 2027 end, registering a CAGR of 13.1% during the forecast period. Government authorities in many of the countries in the region are trying to ensure that device manufacturers implement better security features in order to prevent cyber-attacks on IoT devices and networks.
Ask For More Information @ http://www.futuremarketinsights.com/askus/rep-gb-2410
Some of the key companies profiled in the FMI report include Intel Corporation, Cisco System Inc., NXP Semiconductors N.V., Infineon Technologies AG, Gemalto N.V., Check Point Software Technologies Ltd., Palo Alto Networks Inc., ARM Holdings Plc. (SoftBank Corp), Synopsys, Inc., Inside Secure, Trend Micro Incorporated. In order to strengthen their presence in the market many of these companies are implementing mergers and acquisitions strategies.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Embedded Security for Internet of Things (IoT) Market estimated to reach US$ 11,123.6 Mn by 2027-end here
News-ID: 552645 • Views: 392
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for IoT
Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these