Monday, July 9, 2012

Mobile Device Security Hardware Market Analysis: Now $430M; $1.9B in 2017

Mobile device hardware security expected to boom in 2017 (EE Times Asia)
The mobile device hardware security market is currently valued at approximately $430 million. It is projected that by 2017, the market will have grown and will be worth $1.9 billion. The market is currently largely made up of embedded chip security consisting of embedded chip security technology, such as ARM's TrustZone, and other semiconductor companies' security solutions. Other factors considered are revenues generated by secure elements for near field communication (NFC) and biometric sensors. However, this landscape will have changed in the next two years.