Secure MCU Market Overview
Product Overview and Scope of Secure MCU
Secure microcontrollers provide ongoing protection to digital assets and intellectual property (IP) against continuously emerging threats. There is an increasing demand for silicon manufacturers of microcontrollers (MCUs) to have security built into the hardware. The number of threat vectors to original equipment manufacturer (OEM) solutions based on MCU is increasing. To battle these threats the demand includes features for tamper detection, securing both RAM and flash memory, hardware features such as cryptographic accelerators, and random number generators. Secure MCU ICs employ FIPS-certified, hardware cryptographic engines, which support industry-standard algorithms. Secure microcontrollers include integrated secure memory (NV SRAM) that is instantly erased when an intrusion is detected, patented real-time code and data encryption that fully protects external memory, hardware that conforms to EMV, PCI, and FIPS standards, and secure boot and protect IoT designs against hacker attacks.
Secure MCU products and solutions protect privacy and assets by ensuring their confidentiality, integrity, and their availability to authorized requesters where and when needed. Secure MCU is used in several applications such as authentication, secure automotive, secure near-field communication (NFC), secure wearables, banking, ID & transport. As cars become more connected and therefore more vulnerable to attacks, security plays an important role in automotive applications. Secure MCU provides secure solutions that address the challenges raised by this new era of digital technologies.
Secure MCU Market – Global Industry Analysis
Market Drivers
- Growing usage of connected devices
The growing usage of connected devices and an increase in cyberattacks on Internet of Things (IoT) devices are contributing to the growth of the Secure MCU market. In addition, there is an increasing demand for silicon manufacturers of microcontrollers (MCUs) to have security built into IoT devices. IoT devices are used in almost various types of industry verticals and consumer markets, with the consumer segment accounting for around 60 % of all IoT-connected devices in 2020. In addition, IoT devices in the consumer segment are consumer internet & media devices such as smartphones, where the number of IoT devices is expected to grow to over 17 billion by the end of 2030. Other IoT devices are connected vehicles, IT infrastructure, asset tracking & monitoring, and smart grid. With the growing security concerns, secure MCUs incorporate hardware-based cryptographic engines for secure key storage, encryption, and decryption operations. These capabilities enable secure communication between IoT devices and cloud servers, ensuring data privacy and integrity
- Rising number of cyberattacks worldwide
- Technology advancements in secure communication technologies
Global Secure MCU Revenue by Regions (2018-2023)
Global Secure MCU Revenue (USD Billion) by Regions (2018-2023)
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
CAGR |
|
|
North America |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Europe |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Asia Pacific |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Latin America |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Middle East & Africa |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Total |
XX |
XX |
XX |
XX |
1.49 |
XX |
9.5% |
Related Reports
- Global Embedded Security Market
- Global Automotive MCU market
- Global IoT Microcontroller Market
- Global Microcontroller Market
- Global Secure Element Market
- Global Near-Field Communication (NFC) Market
- Global Wearable Technology Market
Global Secure MCU Market by Application in 2022
- Payment
- Authentication
- Content Protection
Global Secure MCU Revenue by End-users
Global Secure MCU Market by End-users
- Automotive Electronics
- Consumer Electronics & Telecom
- Industrial Electronics
- Medical Devices
- Aerospace and Defence
- Others
|
Global Secure MCU Revenue Market Share (%) by End-users in 2022 |
|
|
|
Source: Cognitive Market Research |
The consumer electronics & telecom segment dominated the overall market in 2022. Secure microcontrollers are deployed in consumer electronics and telecom applications due to their capability to protect process data, regulate functions, and interact with other devices. On the other hand, the automotive sector is expected to grow with the highest CAGR during the forecast period. Automotive applications that use microcontrollers include Advanced Driver Assistance Systems (ADAS), Anti-lock Braking Systems (ABS), airbag control, entertainment systems, and gearbox control.
Global Secure MCU Manufacturers Profiles/Analysis
NXP Semiconductors N.V.
NXP Semiconductors N.V. Company Basic Information, and Sales Area
|
|
Item |
Description |
|
|
Company Name |
NXP Semiconductors N.V. |
|
|
Website |
www.nxp.com |
|
|
Established Date |
2006 |
|
|
Headquartered |
Netherlands |
|
|
Market Position/History |
NXP Semiconductors N.V. was founded in 2006. The company serves its products to more than 30 countries located in five regions, which are EMEA (Europe, the Middle East, and Africa), the Americas, Japan, South Korea, and Greater China (including Asia Pacific). The company generates revenue of $8,612 million in 2020 In 2011, NXP shipped the world’s fastest Arm Cortex-M4 and Cortex-M3 microcontrollers. In 2012, NXP launched JN516x wireless microcontroller family for the Internet of Things. In 2013, NXP Semiconductors N.V. joined NASDAQ-100 Index. In 2015, NXP created the first integrated solution for microwave heating/cooking. Additionally, NXP and Freescale merged into the world’s 4th largest semiconductor company and largest automotive supplier. In 2016, NXP launched a battery management portfolio with battery cell controllers for Li-ion batteries. Additionally, NXP provided V2X and RFID technology for the U.S. Department of Transportation smart city challenge. In 2017, NXP introduced the S32 automotive platform, with fully-scalable computing architecture to bring future vehicles to market faster. In 2018, NXP, Mastercard, and Visa transformed mobile payments for billions of IoT devices (launch of mWallet 2GO). In 2019, NXP unveiled secure ultra-wideband ranging technology for automotive and IoT. In 2020, NXP selected TSMC 5nm process for the next-generation high-performance automotive platform. In 2021, NXP Semiconductors joined S&P 500 Index. |
|
|
Sales Area |
Worldwide |
|
|
Ticker |
NASDAQ: NXPI |
|
|
No. of Employees |
~30,000 employees (2020) |
|
|
Competitors |
Infineon Technologies AG, Microchip Technology Inc., STMicroelectronics N.V., Intel Corporation, etc. |
|
|
CEO |
Kurt Sievers |
|
|
Ownership Type |
Public |
|
|
Contact Address |
High Tech Campus 60, 5656 AG Eindhoven, the Netherlands Tel: +31 40 2729999 |
Business Segment/ Overview:
NXP Semiconductors N.V. is a Netherlands-based semiconductor company engaged in equipment manufacturing and sales of solutions in several domains such as cryptography-security, high-speed interface, radio frequency (RF), mixed-signal analog-digital (mixed A/D), power management, digital signal processing and embedded system, 16-Bit and 32-Bit microcontroller, connectivity chipsets, and others.
Business Strategy
NXP Semiconductors N.V. has a significant focus on research and development in order to improve its existing products and to develop new products for both existing and new markets. Furthermore, the company has engaged in expanding its portfolio to widen the target audience and open up a new customer base. For instance, NXP has extended the S32 Automotive Platform by adding a new class of safe, real-time processors that offer the critical deterministic behavior of safe microcontrollers (MCUs).
