Europe Embedded Security Market Size & Outlook, 2023-2030
The embedded security market in Europe is expected to reach a projected revenue of US$ 2,230.6 million by 2030. A compound annual growth rate of 6% is expected of Europe embedded security market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,487.4
Forecast, 2030 (US$M)
$2,230.6
CAGR, 2024 - 2030
6%
Report Coverage
Europe
Europe embedded security market, 2018-2030 (US$M)
Europe embedded security market highlights
- The Europe embedded security market generated a revenue of USD 1,487.4 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 1,487.4 million |
| Market revenue in 2030 | USD 2,230.6 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
| Key market players worldwide | IDEMIA, Infineon Technologies AG, Intellias, Karamba Security, McAfee, Microchip Technology Inc, NXP Semiconductors NV, Qualcomm Inc, Rambus Inc, Renesas Electronics Corp, Samsung Electronics Co Ltd, Sirin Software, STMicroelectronics NV, Texas Instruments Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.1% of the global embedded security market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,996.1 million by 2030.
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Embedded Security Market Scope
Embedded security market segmentation & scope
Hardware
Secure Element
Embedded SIM
Trusted Platform Modules
Hardware Security Modules
Hardware Token
Security Type
Authentication And Access Management
Payment
Content Protection
End Use
Automotive
Healthcare
Consumer Electronics
Telecommunications
Aerospace & Defense
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
Australia
South Korea
Brazil
South Africa
Saudi Arabia
UAE
Embedded Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Related regional statistics
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