Trusted Platform Module TPM Market Report 2025 (Global Edition)

Global Trusted Platform Module TPM Market Report 2025 Market Size Split by Type (Discrete, Integrated, Others), by End-Product (Personal computers, Laptop, Notebook, Servers and work stations, Thin cl...

Trusted Platform Module TPM Market Report Description

We have various report editions of Trusted Platform Module TPM Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Imapct of Trumph Tariff on Electronics and Electrical Industry

In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.

Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.

China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.

Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.

Trusted Platform Module TPM Market Insights Video

Competitive Landscape of the Trusted Platform Module TPM Market

The competitive landscape of the Trusted Platform Module (TPM) market is marked by several key players offering advanced security solutions for various industries. Companies are focusing on innovation, developing TPMs with enhanced cryptographic capabilities, and ensuring compatibility with emerging technologies like cloud computing and IoT. Strategic partnerships and mergers are common to expand market reach and improve product offerings.

In September 2024, STMicroelectronics announced that its STSAFE-TPM trusted platform modules (TPMs) have achieved FIPS 140-3 certification, making them the first standardized cryptographic modules in the market to receive this designation. The newly certified TPMs—ST33KTPM2X, ST33KTPM2XSPI, ST33KTPM2XI2C, ST33KTPM2I, and ST33KTPM2A—offer cryptographic asset protection to satisfy security and regulatory demands for critical information systems. These modules are utilized in PCs, servers, network-connected IoT devices, as well as high-assurance medical and infrastructure equipment. (Source: https://newsroom.st.com/media-center/press-item.html/n4643.html#:~:text=STMicroelectronics%20today%20announced%20the%20FIPS,market%20to%20receive%20this%20certificate.) In February 2024, Infineon inaugurated the world's largest and most efficient SiC power semiconductor fabrication facility in Malaysia. This new fab reinforces Infineon’s position as a global leader in power semiconductors. The continued expansion is supported by robust customer commitments and numerous design wins. The Kulim facility operates entirely on green electricity and incorporates advanced energy efficiency measures and sustainable practices. (Source: https://www.infineon.com/cms/en/about-infineon/press/press-releases/2024/INFXX202408-133.html)

Top Companies Market Share in Trusted Platform Module TPM Industry: (In no particular order of Rank)

• Infineon Technologies AG
• STMicroelectronics
• Nuvoton Technology Corporation
• Microchip Technology
• Intel Corporation
• IBM
• Microsoft
• Broadcom
• Dell Technologies
• Lenovo
• Hewlett Packard Enterprise (HPE)
• Advanced Micro Devices (AMD)
• Samsung Electronics
• Cisco Systems
• Qualcomm
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Trusted Platform Module TPM Market

Which Region Dominates the Trusted Platform Module TPM Market in 2024?

According to Cognitive Market Research, North America currently dominates the trusted platform module TPM market, and the region is expected to have significant growth during the projected period. This is driven by high adoption rates of advanced security technologies in sectors like finance, healthcare, and defense. The region's strict regulatory landscape around data protection also contributes to increased demand for TPMs.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This is due to rapid digitization, the expansion of cloud computing, and the growing use of IoT devices. Increasing awareness of cybersecurity in emerging economies like China and India is further accelerating the TPM market’s growth.

The current report Scope analyzes Trusted Platform Module TPM Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Trusted Platform Module TPM Market Analysis

According to Cognitive Market Research, the global trusted platform module TPM market size was estimated at USD 2152.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 860.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2031.

• According to Cognitive Market Research, The United States trusted platform module TPM market is projected to witness growth at a CAGR of 13.0% during the forecast period, with a market size of USD 679.23 million in 2024. Sales of trusted platform module TPM in the U.S. will increase due to growing cybersecurity concerns, widespread digital transformation, and the rapid adoption of cloud computing.
The Canada trusted platform module TPM market is projected to witness growth at a CAGR of 14.0% during the forecast period, with a market size of USD 103.31 million in 2024. TPM sales will rise in Canada with increasing governmental initiatives for data protection, privacy regulations, and growing demand for secure financial transactions. The Mexico trusted platform module TPM market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 78.34 million in 2024.

Europe Trusted Platform Module TPM Market Analysis

According to Cognitive Market Research, the global trusted platform module TPM market size was estimated at USD 2152.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 645.66 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.

• The United Kingdom trusted platform module TPM market is projected to witness growth at a CAGR of 14.3% during the forecast period, with a market size of USD 108.47 million in 2024. The UK's growing emphasis on securing critical infrastructure and increased adoption of IoT devices is set to drive TPM sales upward.
The France trusted platform module TPM market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 59.40 million in 2024. The Germany trusted platform module TPM market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 127.84 million in 2024. Germany’s advanced automotive industry and focus on enhancing cybersecurity in connected vehicles will contribute to increasing demand for TPM solutions. The Italy trusted platform module TPM market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD 55.53 million in 2024. The Russia trusted platform module TPM market is projected to witness growth at a CAGR of 12.5% during the forecast period, with a market size of USD 100.08 million in 2024. The Spain trusted platform module TPM market is projected to witness growth at a CAGR of 12.6% during the forecast period, with a market size of USD 52.94 million in 2024. The Luxembourg trusted platform module TPM market is projected to witness growth at a CAGR of 13.6% during the forecast period, with a market size of USD 20.02 million in 2024. The Portugal trusted platform module TPM market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 13.56 million in 2024. The Greece trusted platform module TPM market is projected to witness growth at a CAGR of 13.8% during the forecast period, with a market size of USD 7.75 million in 2024. The Rest of Europe trusted platform module TPM market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 100.08 million in 2024.

Asia Pacific Trusted Platform Module TPM Market Analysis

According to Cognitive Market Research, the global trusted platform module TPM market size was estimated at USD 2152.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 495.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.0% from 2024 to 2031.

• According to Cognitive Market Research, The China trusted platform module TPM market is projected to witness growth at a CAGR of 16.5% during the forecast period, with a market size of USD 222.75 million in 2024. China's booming technological advancements, particularly in AI and 5G deployment, coupled with stringent cybersecurity regulations, will drive TPM market growth.
The Japan trusted platform module TPM market is projected to witness growth at a CAGR of 15.5% during the forecast period, with a market size of USD 68.31 million in 2024. The India trusted platform module TPM market is projected to witness growth at a CAGR of 18.8% during the forecast period, with a market size of USD 59.40 million in 2024. India’s thriving digital economy, rapid internet penetration, and growing concerns over data breaches will push the demand for trusted platform modules. The South Korea trusted platform module TPM market is projected to witness growth at a CAGR of 16.1% during the forecast period, with a market size of USD 49.50 million in 2024. The Australia trusted platform module TPM market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 25.74 million in 2024. The South East Asia trusted platform module TPM market is projected to witness growth at a CAGR of 18.0% during the forecast period, with a market size of USD 34.16 million in 2024. The Rest of Asia Pacific trusted platform module TPM market is projected to witness growth at a CAGR of 16.8% during the forecast period, with a market size of USD 35.15 million in 2024.

South America Trusted Platform Module TPM Market Analysis

According to Cognitive Market Research, the global trusted platform module TPM market size was estimated at USD 2152.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 107.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.

• According to Cognitive Market Research, The Brazil trusted platform module TPM market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 46.06 million in 2024. Brazil’s increasing investment in smart city projects and efforts to enhance data security within public sectors will boost TPM sales significantly.
The Argentina trusted platform module TPM market is projected to witness growth at a CAGR of 15.3% during the forecast period, with a market size of USD 18.08 million in 2024. Argentina's digital banking expansion and government-led initiatives for cybersecurity improvement will stimulate increased adoption of trusted platform modules. The Colombia trusted platform module TPM market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD 9.58 million in 2024. The Peru trusted platform module TPM market is projected to witness growth at a CAGR of 14.6% during the forecast period, with a market size of USD 8.82 million in 2024. The Chile trusted platform module TPM market is projected to witness growth at a CAGR of 14.7% during the forecast period, with a market size of USD 7.75 million in 2024. The Rest of Latin America trusted platform module TPM market is projected to witness growth at a CAGR of 13.5% during the forecast period, with a market size of USD 17.33 million in 2024.

Middle East Trusted Platform Module TPM Market Analysis

According to Cognitive Market Research, the global trusted platform module TPM market size was estimated at USD 2152.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 43.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2031..

• The GCC Countries trusted platform module TPM market is projected to witness growth at a CAGR of 15.5% during the forecast period, with a market size of USD 18.42 million in 2024. The push for digital transformation in GCC countries, especially in banking and defense sectors, will significantly enhance the TPM market.
The Egypt trusted platform module TPM market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 4.52 million in 2024. The South Africa trusted platform module TPM market is projected to witness growth at a CAGR of 15.7% during the forecast period, with a market size of USD 6.80 million in 2024. In South Africa, expanding IT infrastructure, alongside increased regulatory efforts to secure business environments, will fuel the demand for TPM solutions. The Turkey trusted platform module TPM market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD 3.70 million in 2024. The Nigeria trusted platform module TPM market is projected to witness growth at a CAGR of 13.8% during the forecast period, with a market size of USD 4.52 million in 2024. The Rest of MEA trusted platform module TPM market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 5.08 million in 2024.

Trusted Platform Module TPM Market Analysis

Trusted Platform Module TPM Market Type Segment Analysis

According to Cognitive Market Research, integrated are likely to dominate the trusted platform module TPM market over the forecast period due to their widespread adoption in personal computers, laptops, and servers, which require built-in security for encryption and authentication. As companies and consumers increasingly prioritize cybersecurity, integrated TPMs provide a cost-effective and seamless solution, especially for industries with stringent compliance requirements like finance, healthcare, and government sectors.

The discrete is the fastest-growing segment in the trusted platform module TPM market due to the rising need for advanced security in specialized applications like automotive, industrial equipment, and defense. These sectors demand higher levels of data protection and hardware-level security, where discrete TPMs provide superior encryption, making them the preferred choice for industries requiring robust, standalone security solutions.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Trusted Platform Module TPM Industry. Request a Free Sample PDF!

Trusted Platform Module TPM Market End-Product Segment Analysis

According to Cognitive Market Research, the personal computers segment holds the largest share of the market due to the increasing demand for secure devices in both enterprise and consumer markets. As remote work, online transactions, and cloud-based services expand, the need for TPM integration in desktops and laptops becomes critical to ensure data protection, encryption, and secure access in everyday computing environments.

In the trusted platform module TPM market, the smart phone and tablets has been expanding at a rapid pace due to the rise in mobile banking, e-commerce, and personal data storage. With growing concerns over mobile security, TPMs are increasingly being integrated into these devices to protect sensitive information, enhance secure authentication, and ensure data integrity, driving significant growth in this segment.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Trusted Platform Module TPM End-User Industry Segment Analysis

Trusted Platform Module TPM Market End-User Industry Segment Analysis

According to Cognitive Market Research, the BFSI segment holds the largest share of the market due to stringent regulatory requirements for data protection and the growing reliance on digital banking and online financial services. The integration of TPMs enhances secure transactions, encryption, and multi-factor authentication, making them essential for protecting sensitive financial data and maintaining trust in the banking and financial ecosystem.

In the trusted platform module TPM market, the automotive has been expanding at a rapid pace as connected and autonomous vehicles gain traction. TPMs are increasingly being used to ensure the security of vehicle communication systems, software updates, and critical driving functions. As car manufacturers prioritize cybersecurity to protect against hacking and data breaches, the demand for TPMs in this sector is surging.

• Automotive
• consumer electronics
• Retail
• Government
• BFSI
• General Manufacturing
• Defense
• Aerospace
• Medical
• Others

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion