Product ID: SQMIG45K2061
Report ID:
SQMIG45K2061 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
41 |
Figures:
74
Embedded Security Market size was valued at USD 8.23 billion in 2022 and is poised to grow from USD 9.13 billion in 2023 to USD 18.83 billion by 2030, at a CAGR of 10.9% during the forecast period (2023-2030).
The global embedded security market is experiencing robust growth due to escalating concerns regarding cybersecurity.
With the proliferation of IoT devices and interconnected systems, the demand for secure solutions embedded within hardware is surging.
This market encompasses secure elements like hardware tokens and secure microcontrollers, addressing data protection and authentication needs across industries like finance, healthcare, and automotive.
As cyber threats evolve, embedded security's importance in safeguarding sensitive data and ensuring the integrity of connected devices is driving continuous innovation in encryption, authentication, and secure boot technologies.
US Embedded Security Market is poised to grow at a sustainable CAGR for the next forecast year.
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Product ID: SQMIG45K2061