The global market for Embedded Security was valued at US$6.3 Billion in 2024 and is projected to reach US$9.2 Billion by 2030, growing at a CAGR of 6.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and what they mean for your business.
The importance of embedded security has grown in tandem with the proliferation of the Internet of Things (IoT) and the increasing interconnectedness of devices. As more devices become connected to networks and the internet, they become potential targets for cyberattacks. In the automotive industry, for instance, embedded security is crucial for protecting the safety and functionality of vehicles, which now often feature advanced driver assistance systems (ADAS) and autonomous driving capabilities. Similarly, in industrial settings, embedded security ensures the integrity and reliability of critical infrastructure, such as power grids and manufacturing systems, by preventing cyber intrusions and tampering. Advanced techniques like secure firmware updates, anomaly detection, and real-time monitoring are employed to maintain robust security postures in these embedded systems.
The growth in the embedded security market is driven by several factors, including the escalating frequency and sophistication of cyberattacks, the expanding IoT ecosystem, and stringent regulatory requirements for data protection and privacy. As cyber threats become more advanced, organizations are increasingly recognizing the need for robust embedded security solutions to protect their assets and ensure operational continuity. The rapid expansion of IoT devices, which are often deployed in critical applications, necessitates comprehensive security measures to mitigate risks. Regulatory frameworks, such as the General Data Protection Regulation (GDPR) and industry-specific standards, mandate rigorous security practices, further propelling the demand for embedded security solutions. Additionally, advancements in technology, such as artificial intelligence and machine learning, are enhancing the capabilities of embedded security, enabling more proactive and adaptive defenses. As these trends continue to evolve, the embedded security market is poised for significant growth, driven by the ongoing need for secure and resilient embedded systems across various industries.
Segments: Product (Secure Element & Embedded SIM, Trusted Platform Module, Hardware Security Module, Hardware Tokens); Security Type (Authentication & Access Management, Payment, Content Protection); Application (Payment Processing & Cards, Smartphones & Tablets, Wearables, Automotive, Industrial, Other Applications).
Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Embedded Security Market - Key Trends & Drivers Summarized
Embedded security refers to the protection of hardware and software components within embedded systems, which are specialized computing systems designed to perform dedicated functions within larger systems. These systems are integral to a wide range of applications, from automotive and industrial machinery to consumer electronics and medical devices. Embedded security aims to safeguard these systems from cyber threats, unauthorized access, and other vulnerabilities that could compromise their functionality and the overall integrity of the devices they control. Key elements of embedded security include secure boot processes, encrypted communications, access control mechanisms, and the implementation of hardware security modules (HSMs) to protect sensitive data and cryptographic keys.The importance of embedded security has grown in tandem with the proliferation of the Internet of Things (IoT) and the increasing interconnectedness of devices. As more devices become connected to networks and the internet, they become potential targets for cyberattacks. In the automotive industry, for instance, embedded security is crucial for protecting the safety and functionality of vehicles, which now often feature advanced driver assistance systems (ADAS) and autonomous driving capabilities. Similarly, in industrial settings, embedded security ensures the integrity and reliability of critical infrastructure, such as power grids and manufacturing systems, by preventing cyber intrusions and tampering. Advanced techniques like secure firmware updates, anomaly detection, and real-time monitoring are employed to maintain robust security postures in these embedded systems.
The growth in the embedded security market is driven by several factors, including the escalating frequency and sophistication of cyberattacks, the expanding IoT ecosystem, and stringent regulatory requirements for data protection and privacy. As cyber threats become more advanced, organizations are increasingly recognizing the need for robust embedded security solutions to protect their assets and ensure operational continuity. The rapid expansion of IoT devices, which are often deployed in critical applications, necessitates comprehensive security measures to mitigate risks. Regulatory frameworks, such as the General Data Protection Regulation (GDPR) and industry-specific standards, mandate rigorous security practices, further propelling the demand for embedded security solutions. Additionally, advancements in technology, such as artificial intelligence and machine learning, are enhancing the capabilities of embedded security, enabling more proactive and adaptive defenses. As these trends continue to evolve, the embedded security market is poised for significant growth, driven by the ongoing need for secure and resilient embedded systems across various industries.
Report Scope
The report analyzes the Embedded Security market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.Segments: Product (Secure Element & Embedded SIM, Trusted Platform Module, Hardware Security Module, Hardware Tokens); Security Type (Authentication & Access Management, Payment, Content Protection); Application (Payment Processing & Cards, Smartphones & Tablets, Wearables, Automotive, Industrial, Other Applications).
Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Secure Element & Embedded SIM segment, which is expected to reach US$3.4 Billion by 2030 with a CAGR of a 6.0%. The Trusted Platform Module segment is also set to grow at 6.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $1.9 Billion in 2024, and China, forecasted to grow at an impressive 8.2% CAGR to reach $1.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Embedded Security Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Embedded Security Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Embedded Security Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Analog Devices, Inc., Advantech Co., Ltd., ACI Worldwide, Inc., Arm Ltd., American Express Company and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 240 companies featured in this Embedded Security market report include:
- Analog Devices, Inc.
- Advantech Co., Ltd.
- ACI Worldwide, Inc.
- Arm Ltd.
- American Express Company
- AllGo Embedded Systems Pvt., Ltd.
- Applied Risk B.V.
- Applicature
- 10XTS
- Abstract Tokenization
- Antier Solutions Pvt Ltd
- ALPHASEED TECHNOLOGY LDT
- AllianceBlock
- Agora Innovation GmbH
- Adhara Limited
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Analog Devices, Inc.
- Advantech Co., Ltd.
- ACI Worldwide, Inc.
- Arm Ltd.
- American Express Company
- AllGo Embedded Systems Pvt., Ltd.
- Applied Risk B.V.
- Applicature
- 10XTS
- Abstract Tokenization
- Antier Solutions Pvt Ltd
- ALPHASEED TECHNOLOGY LDT
- AllianceBlock
- Agora Innovation GmbH
- Adhara Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 707 |
Published | April 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 6.3 Billion |
Forecasted Market Value ( USD | $ 9.2 Billion |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |