Report ID: SQMIG45K2061
Report ID:
SQMIG45K2061 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|
Tables:
41 |
Figures:
74
North America is estimated to spearhead the global embedded security demand outlook in the future. Growing sophistication of cyberattacks, rising investments in the R&D of novel security technologies, and rising use of connected devices are expected to help make this the most opportune market in the world. Moreover, the imposition of stringent data privacy and protection regulations are also expected to help this region maintain its dominant stance going forward. Canada and the United States are slated to be the leading markets for embedded security vendors owing to high emphasis on cybersecurity amongst all types of organizations in these countries.
The Asia Pacific region is forecasted to emerge as the fastest-expanding market in the world for embedded security providers. Growing digital transformation, growing adoption of connected devices and technologies, and rising awareness regarding cybersecurity are offering new opportunities for embedded security companies. The launch of new smart city initiatives and rising popularity of connected vehicles are also forecasted to help boost revenue from the Asia Pacific region. China, India, and Japan are slated to emerge as the key markets in this region for embedded security providers owing to rising incidence of cyberattacks and data breaches.
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Report ID: SQMIG45K2061