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Embedded Security for Internet of Things Market to Widen at a CAGR of 14.6% by 2027


Future Market Insights has announced the addition of the "Embedded Security For Internet Of Things Market: Global Industry Analysis and Opportunity Assessment, 2017-2027"report to their offering.

Valley Cottage, NY, Jul. 11, 2017 –  Increasing number of devices that are being connected through IoT networks is cited as a crucial factor fueling the demand for embedded security for IoT. In addition, rising intensity of cyber-attacks on IoT devices and networks coupled with the introduction of revised industry guidelines to implement embedded hardware solutions are observed as other key factors driving the sales of embedded systems for IoT. In the near future, embedded security for IoT is likely to move towards providing security to hyper-connected technologies. Future Market Insights (FMI) delivers such crucial findings in its latest outlook title "Embedded Security for Internet of Things (IoT) Market Global Industry Analysis and Opportunity Assessment, 2017-2027".

As per the report, the global market for embedded security for Internet of Things stood at US$ 2,525.0 Mn in 2016 and is estimated to reach US$ 11,123.6 Mn by 2027-end. In terms of revenue, the market is expected to witness a CAGR of 14.6% forecast period (2017-2027). Embedded security for Internet of Things market in Asia Pacific excluding Japan (APEJ) is projected to witness a relatively higher growth in terms of value over the forecast period.

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