The North America Embedded Security Market would witness market growth of 5.3% CAGR during the forecast period (2022-2028).
The demand for embedded security solutions is increasing as attacks on embedded systems are becoming more common. Despite the fact that industrial automation has raised the demand for the Internet of Things (IoT), this has created chances for IoT security solutions to be adopted. Security solutions are in high demand in banking, transportation, and wearables, which is propelling the market growth. Embedded security systems have been widely used in the automotive industry in order to prevent car thefts, secure car locks, and more. Secure embedded SIMS and solutions are being used by advanced smartphones, payment cards, tablets, and other devices with a huge number of shipments, which is likely to drive the demand for these solutions.
The Internet of Things is composed of a number of digital services, devices, and other tangible objects that will be able to interact, connect, and exchange data in real-time. IoT security will be a major challenge that will need to be solved in order to allow a variety of current and future uses. Cryptographic Algorithms and Hardware Design for Ultra-Low Power Memory and Processing Needs, Trusted Platform Module, as well as Standardized Security Protocol, are critical components for embedded security for the Internet of Things.
North America has the highest number of IoT and smart project implementations, emphasizing the importance of IoT security. The increasing number of software threats has become a subject of concern on a global scale, driving up the requirements for security solutions. To protect oneself from such assaults, connected devices such as smartphones, PCs, wearables, and other devices are required to use embedded security solutions. In addition, government engagement has grown in recent years in response to growing concerns about the security of essential infrastructure and sensitive data. As a result, government activities in North America, such as particular budget allocations and mandatory security rules, are majorly driving the deployment of embedded security solutions in various government and private industries.
The US market dominated the North America Embedded Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,041.9 million by 2028. The Canada market is poised to grow at a CAGR of 4.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Embedded Security Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Embedded Security Market, by Application
1.4.2 North America Embedded Security Market, by Offering
1.4.3 North America Embedded Security Market, by Security Type
1.4.4 North America 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. North America Embedded Security Market by Application
4.1 North America Payment Processing & Card Market by Country
4.2 North America Smart Identity Cards Market by Country
4.3 North America Industrial Market by Country
4.4 North America Smartphones Market by Country
4.5 North America Wearables Market by Country
4.6 North America Automotive Market by Country
4.7 North America Others Market by Country
Chapter 5. North America Embedded Security Market by Offering
5.1 North America Software Market by Country
5.2 North America Hardware Market by Country
5.3 North America Services Market by Country
Chapter 6. North America Embedded Security Market by Security Type
6.1 North America Payment Market by Country
6.2 North America Authentication & Access Management Market by Country
6.3 North America Content Protection Market by Country
Chapter 7. North America Embedded Security Market by Country
7.1 US Embedded Security Market
7.1.1 US Embedded Security Market by Application
7.1.2 US Embedded Security Market by Offering
7.1.3 US Embedded Security Market by Security Type
7.2 Canada Embedded Security Market
7.2.1 Canada Embedded Security Market by Application
7.2.2 Canada Embedded Security Market by Offering
7.2.3 Canada Embedded Security Market by Security Type
7.3 Mexico Embedded Security Market
7.3.1 Mexico Embedded Security Market by Application
7.3.2 Mexico Embedded Security Market by Offering
7.3.3 Mexico Embedded Security Market by Security Type
7.4 Rest of North America Embedded Security Market
7.4.1 Rest of North America Embedded Security Market by Application
7.4.2 Rest of North America Embedded Security Market by Offering
7.4.3 Rest of North America 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 North America Embedded Security Market, 2018 - 2021, USD Million
TABLE 2 North America 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 North America Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 7 North America Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 8 North America Payment Processing & Card Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Payment Processing & Card Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Smart Identity Cards Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Smart Identity Cards Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Smartphones Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Wearables Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Wearables Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 23 North America Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 24 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 31 North America Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 32 North America Payment Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Payment Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Authentication & Access Management Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Authentication & Access Management Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Content Protection Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Content Protection Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Embedded Security Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Embedded Security Market by Country, 2022 - 2028, USD Million
TABLE 40 US Embedded Security Market, 2018 - 2021, USD Million
TABLE 41 US Embedded Security Market, 2022 - 2028, USD Million
TABLE 42 US Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 43 US Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 44 US Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 45 US Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 46 US Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 47 US Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 48 Canada Embedded Security Market, 2018 - 2021, USD Million
TABLE 49 Canada Embedded Security Market, 2022 - 2028, USD Million
TABLE 50 Canada Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 51 Canada Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 52 Canada Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 53 Canada Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 54 Canada Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 55 Canada Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 56 Mexico Embedded Security Market, 2018 - 2021, USD Million
TABLE 57 Mexico Embedded Security Market, 2022 - 2028, USD Million
TABLE 58 Mexico Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 59 Mexico Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 60 Mexico Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 61 Mexico Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 62 Mexico Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 63 Mexico Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 64 Rest of North America Embedded Security Market, 2018 - 2021, USD Million
TABLE 65 Rest of North America Embedded Security Market, 2022 - 2028, USD Million
TABLE 66 Rest of North America Embedded Security Market by Application, 2018 - 2021, USD Million
TABLE 67 Rest of North America Embedded Security Market by Application, 2022 - 2028, USD Million
TABLE 68 Rest of North America Embedded Security Market by Offering, 2018 - 2021, USD Million
TABLE 69 Rest of North America Embedded Security Market by Offering, 2022 - 2028, USD Million
TABLE 70 Rest of North America Embedded Security Market by Security Type, 2018 - 2021, USD Million
TABLE 71 Rest of North America Embedded Security Market by Security Type, 2022 - 2028, USD Million
TABLE 72 key information – Renesas Electronics Corporation
TABLE 73 Key Information – STMicroelectronics N.V.
TABLE 74 Key Information – Infineon Technologies AG
TABLE 75 Key Information – NXP Semiconductors N.V.
TABLE 76 Key Information – Texas Instruments, Inc.
TABLE 77 Key Information – Samsung Electronics Co., Ltd.
TABLE 78 key information – Thales Group S.A.
TABLE 79 Key Information – IDEMIA SAS
TABLE 80 Key Information – Qualcomm, Inc.
TABLE 81 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.