Executive Briefings

Mobile Device Hardware Security Market Will Be Valued at $1.9Bn in 2017

Security has always been one of the forefront considerations within the mobile device industry. BlackBerry maker Research in Motion, for example, gained the attention of Wall Street bankers because of the financial industry's need for high levels of data protection and security, along with the convenience of mobile use. A lot of talk in the mobile industry focuses around software security through detection and preventative applications; however, very little seems to be said on embedded mobile device hardware security.

Valued at approximately $430m in 2012, the mobile device hardware security market will be worth $1.9bn by 2017. The bulk of the market is attributed to embedded chip security consisting of embedded chip security technology - such as ARM's TrustZone - and other semiconductor companies' security solutions. Revenues generated by secure elements for near field communication and biometric sensors are also factored into the mix, though relatively small compared to embedded chip security. This will change, however, in the next two years.

"The primary drivers for embedded chip security are increasing demand of mobile payment transactions, digital rights management, enterprise protection, and control access to the device," says Joshua Flood, senior analyst, devices, applications and content.

ABI Research's report, Mobile Device Security, provides details on the market for biometric sensors in smartphones, tablets, PCs, and laptops.

Source: ABI Research

Valued at approximately $430m in 2012, the mobile device hardware security market will be worth $1.9bn by 2017. The bulk of the market is attributed to embedded chip security consisting of embedded chip security technology - such as ARM's TrustZone - and other semiconductor companies' security solutions. Revenues generated by secure elements for near field communication and biometric sensors are also factored into the mix, though relatively small compared to embedded chip security. This will change, however, in the next two years.

"The primary drivers for embedded chip security are increasing demand of mobile payment transactions, digital rights management, enterprise protection, and control access to the device," says Joshua Flood, senior analyst, devices, applications and content.

ABI Research's report, Mobile Device Security, provides details on the market for biometric sensors in smartphones, tablets, PCs, and laptops.

Source: ABI Research