Published: 15 October 2019
Summary
As integrated security becomes a standard feature of specific chip types, so the fortunes of the market become closely aligned with changes to the broader industry. Shifts in product mix have a greater impact, even as the penetration of integrated security continues to grow in all applications.
Included in Full Research
- Forecast Assumptions
- Market Impacts
- Notable Changes
- Hardware Security Technology as an Element of the Semiconductor Market Opportunity Map
- Influencing Factor: Cyberattacks Against Automotive Targets Will Increase Annually
- Forecast Assumption: By 2023, every new vehicle featuring Level 1 automation or above will have secured intravehicle communications, increasing from less than 3% in 2018.
- Influencing Factor: Incumbent Mobile Phone Networks Will Increasingly Push Into IoT Services
- Forecast Assumption: In 2024, more than a billion IoT endpoints will be using 3GPP standards, including SIM-based security, up from 127 million in 2019.
- Influencing Factor: Security Will Increasingly Be Recognized as a Specialist Capability and Outsourced Directly, or Indirectly
- Forecast Assumption: Through 2023, 95% of IoT communication will be encrypted from the endpoint to the cloud service, compared with less than 40% in 2018.
- Influencing Factor: Mobile (Contactless) Payments Will Extend Into Smartwatches
- Forecast Assumption: By 2023, 85% of smartwatches will have integrated security in their wireless communications chip, up from 60% in 2018.