The Latin America, Middle East and Africa Embedded Security Market would witness market growth of 9.7% CAGR during the forecast period (2022-2028).
An IoT device manufacturer can simply address consumers' security-related concerns by installing an embedded security solution. Customers would have more belief in the manufacturer's cybersecurity procedures as a result of this clarity and openness, which is becoming an increasingly crucial part of the purchase decision process. Because IoT devices are generally unregulated in terms of cybersecurity, several device manufacturers do not place a high priority on security. Embedding security in IoT devices allows manufacturers to set themselves apart from less secure competitors.
Additionally, several industries, like the military and government, have stringent security requirements for devices that are allowed to access their networks and process data. IoT manufacturers can be able to meet these rigorous security requirements and participate in these markets by deploying embedded security in their devices. Because of the various methods IoT devices are installed and used, it can be challenging to efficiently monitor and control them. These devices could benefit from a standardized, embedded software security solution that gives them access to a cloud-based platform for easier security administration.
Governments all over the world are responding to new challenges and opportunities, and digital transformation is playing a major role in that. Several governments in this region are using innovative ICT technologies and capabilities to drive their digital transformation due to competition, cost and budget concerns, altering public needs, and other changes. Digitally developed countries across the region have recognized the value of Digital Transformation and have made significant progress in delivering great customer outcomes. GCC countries are transforming into Digital Government models by building on worldwide best practices and leveraging opportunities. Smart Cities, Smart Tourism, Next Generation Care, Classroom of the Future, Smart Government, and Future of Mobility are six high-impact themes pertinent to the public sector in the UAE, KSA, Qatar, and Kuwait. Moreover, government initiatives emphasize the significance of digital in accelerating economic diversification, promoting sustainability, and increasing public satisfaction levels through applying exponential technologies across these themes.
The Brazil market dominated the LAMEA Embedded Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $161.8 million by 2028. The Argentina market is estimated to grow at a CAGR of 10.3% during (2022 - 2028). Additionally, The UAE market would experience a CAGR of 9.4% during (2022 - 2028).
Based on Application, the market is segmented into Payment Processing & Card, Smart Identity Cards, Industrial, Smartphones, Wearables, Automotive, and Others. Based on Offering, the market is segmented into Software, Hardware, and Services. Based on Security Type, the market is segmented into Payment, Authentication & Access Management, and Content Protection. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Embedded Security Market is Predict to reach $9.3 Billion by 2028, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Renesas Electronics Corporation, STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Texas Instruments, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Thales Group S.A., IDEMIA SAS (Advent International, Inc.), Qualcomm, Inc., and Microchip Technology, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Payment Processing & Card
- Smart Identity Cards
- Industrial
- Smartphones
- Wearables
- Automotive
- Others
By Offering
- Software
- Hardware
- Services
By Security Type
- Payment
- Authentication & Access Management
- Content Protection
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Renesas Electronics Corporation
- STMicroelectronics N.V.
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Texas Instruments, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Thales Group S.A.
- IDEMIA SAS (Advent International, Inc.)
- Qualcomm, Inc.
- Microchip Technology, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Embedded Security Market, by Application
1.4.2 LAMEA Embedded Security Market, by Offering
1.4.3 LAMEA Embedded Security Market, by Security Type
1.4.4 LAMEA Embedded Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.1 Market Share Analysis, 2020
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2018, Apr – 2022, Jan) Leading Players
Chapter 4. LAMEA Embedded Security Market by Application
4.1 LAMEA Payment Processing & Card Market by Country
4.2 LAMEA Smart Identity Cards Market by Country
4.3 LAMEA Industrial Market by Country
4.4 LAMEA Smartphones Market by Country
4.5 LAMEA Wearables Market by Country
4.6 LAMEA Automotive Market by Country
4.7 LAMEA Others Market by Country
Chapter 5. LAMEA Embedded Security Market by Offering
5.1 LAMEA Software Market by Country
5.2 LAMEA Hardware Market by Country
5.3 LAMEA Services Market by Country
Chapter 6. LAMEA Embedded Security Market by Security Type
6.1 LAMEA Payment Market by Country
6.2 LAMEA Authentication & Access Management Market by Country
6.3 LAMEA Content Protection Market by Country
Chapter 7. LAMEA Embedded Security Market by Country
7.1 Brazil Embedded Security Market
7.1.1 Brazil Embedded Security Market by Application
7.1.2 Brazil Embedded Security Market by Offering
7.1.3 Brazil Embedded Security Market by Security Type
7.2 Argentina Embedded Security Market
7.2.1 Argentina Embedded Security Market by Application
7.2.2 Argentina Embedded Security Market by Offering
7.2.3 Argentina Embedded Security Market by Security Type
7.3 UAE Embedded Security Market
7.3.1 UAE Embedded Security Market by Application
7.3.2 UAE Embedded Security Market by Offering
7.3.3 UAE Embedded Security Market by Security Type
7.4 Saudi Arabia Embedded Security Market
7.4.1 Saudi Arabia Embedded Security Market by Application
7.4.2 Saudi Arabia Embedded Security Market by Offering
7.4.3 Saudi Arabia Embedded Security Market by Security Type
7.5 South Africa Embedded Security Market
7.5.1 South Africa Embedded Security Market by Application
7.5.2 South Africa Embedded Security Market by Offering
7.5.3 South Africa Embedded Security Market by Security Type
7.6 Nigeria Embedded Security Market
7.6.1 Nigeria Embedded Security Market by Application
7.6.2 Nigeria Embedded Security Market by Offering
7.6.3 Nigeria Embedded Security Market by Security Type
7.7 Rest of LAMEA Embedded Security Market
7.7.1 Rest of LAMEA Embedded Security Market by Application
7.7.2 Rest of LAMEA Embedded Security Market by Offering
7.7.3 Rest of LAMEA Embedded Security Market by Security Type
Chapter 8. Company Profiles
8.1 Renesas Electronics Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.2 STMicroelectronics N.V.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Infineon Technologies AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 NXP Semiconductors N.V.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Texas Instruments, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 Samsung Electronics Co., Ltd. (Samsung Group)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Thales Group S.A.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research and Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 IDEMIA SAS (Advent International, Inc.)
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.9 Qualcomm, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Microchip Technology, Inc.
8.10.1 Company overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Product Launches and Product Expansions:
8.10.5.3 Acquisition and Mergers:
TABLE 1 LAMEA Embedded Security Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Embedded Security Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Embedded Security Market
TABLE 4 Product Launches And Product Expansions– Embedded Security Market
TABLE 5 Acquisition and Mergers– Embedded Security Market
TABLE 6 LAMEA Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 7 LAMEA Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 8 LAMEA Payment Processing & Card Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Payment Processing & Card Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Smart Identity Cards Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Smart Identity Cards Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Smartphones Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Wearables Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Wearables Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 23 LAMEA Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 24 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 31 LAMEA Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 32 LAMEA Payment Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Payment Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Authentication & Access Management Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Authentication & Access Management Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Content Protection Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Content Protection Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Embedded Security Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Embedded Security Market by Country, 2022 - 2028, USD Million
TABLE 40 Brazil Embedded Security Market, 2018 - 2021, USD Million
TABLE 41 Brazil Embedded Security Market, 2022 - 2028, USD Million
TABLE 42 Brazil Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 43 Brazil Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 44 Brazil Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 45 Brazil Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 46 Brazil Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 47 Brazil Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 48 Argentina Embedded Security Market, 2018 - 2021, USD Million
TABLE 49 Argentina Embedded Security Market, 2022 - 2028, USD Million
TABLE 50 Argentina Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 51 Argentina Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 52 Argentina Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 53 Argentina Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 54 Argentina Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 55 Argentina Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 56 UAE Embedded Security Market, 2018 - 2021, USD Million
TABLE 57 UAE Embedded Security Market, 2022 - 2028, USD Million
TABLE 58 UAE Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 59 UAE Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 60 UAE Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 61 UAE Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 62 UAE Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 63 UAE Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 64 Saudi Arabia Embedded Security Market, 2018 - 2021, USD Million
TABLE 65 Saudi Arabia Embedded Security Market, 2022 - 2028, USD Million
TABLE 66 Saudi Arabia Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 67 Saudi Arabia Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 68 Saudi Arabia Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 69 Saudi Arabia Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 70 Saudi Arabia Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 71 Saudi Arabia Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 72 South Africa Embedded Security Market, 2018 - 2021, USD Million
TABLE 73 South Africa Embedded Security Market, 2022 - 2028, USD Million
TABLE 74 South Africa Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 75 South Africa Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 76 South Africa Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 77 South Africa Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 78 South Africa Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 79 South Africa Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 80 Nigeria Embedded Security Market, 2018 - 2021, USD Million
TABLE 81 Nigeria Embedded Security Market, 2022 - 2028, USD Million
TABLE 82 Nigeria Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 83 Nigeria Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 84 Nigeria Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 85 Nigeria Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 86 Nigeria Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 87 Nigeria Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 88 Rest of LAMEA Embedded Security Market, 2018 - 2021, USD Million
TABLE 89 Rest of LAMEA Embedded Security Market, 2022 - 2028, USD Million
TABLE 90 Rest of LAMEA Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 91 Rest of LAMEA Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 92 Rest of LAMEA Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 93 Rest of LAMEA Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 94 Rest of LAMEA Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 95 Rest of LAMEA Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 96 key information – Renesas Electronics Corporation
TABLE 97 Key Information – STMicroelectronics N.V.
TABLE 98 Key Information – Infineon Technologies AG
TABLE 99 Key Information – NXP Semiconductors N.V.
TABLE 100 Key Information – Texas Instruments, Inc.
TABLE 101 Key Information – Samsung Electronics Co., Ltd.
TABLE 102 key information – Thales Group S.A.
TABLE 103 Key Information – IDEMIA SAS
TABLE 104 Key Information – Qualcomm, Inc.
TABLE 105 Key Information – Microchip Technology, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2020
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, APR – 2022, Jan) Leading Players
FIG 6 Recent strategies and developments: Renesas Electronics Corporation
FIG 7 Recent strategies and developments: STMicroelectronics N.V.
FIG 8 Swot analysis: stmicroelectronics n.v.
FIG 9 Recent strategies and developments: Infineon Technologies
FIG 10 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 11 Recent strategies and developments: NXP Semiconductors N.V.
FIG 12 Swot analysis: NXP semiconductors N.V.
FIG 13 Recent strategies and developments: Texas Instruments, Inc.
FIG 14 SWOT Analysis: Texas Instruments, Inc.
FIG 15 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 16 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 17 Recent strategies and developments: Qualcomm, Inc.
FIG 18 SWOT Analysis: Qualcomm, Inc.
FIG 19 Recent strategies and developments: Microchip Technology, Inc.