Trusted Platform Module TPM Market: Global Industry Analysis and Forecast 2029
According to TechSci Research report, “Trusted Platform Module (TPM) Market – Global Industry Size, Share, Trends, Opportunity, and Forecast 2019-2029”. Rising
The escalating frequency and sophistication of cyber threats pose a significant risk to businesses and individuals alike. As a result, there is a growing emphasis on cybersecurity measures. TPM, with its ability to secure cryptographic keys and offer hardware-based protection, has become a fundamental component in mitigating these threats. Heightened awareness of data privacy issues has prompted organizations and individuals to seek robust security solutions. TPM provides a secure enclave for sensitive data, ensuring that it remains protected even in the event of a system compromise. This aspect is particularly appealing to industries handling sensitive information, such as finance, healthcare, and government.
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The regulatory landscape around data protection is evolving, with stringent requirements for safeguarding sensitive information. Many industries are mandated to comply with standards and regulations that necessitate the implementation of secure hardware solutions like TPM. This compliance-driven demand is a key driver in the TPM market.
The proliferation of cloud computing and the increasing prevalence of remote work have expanded the attack surface for cyber threats. TPM plays a vital role in ensuring the integrity of devices, securing communication channels, and protecting against unauthorized access, making it an essential component in the era of remote and distributed computing.
TPM is now being integrated into a wide range of devices, including laptops, desktops, servers, and IoT devices. The integration of TPM into mainstream computing devices is driven by the need for a standardized and hardware-based security solution. This integration trend is expanding the addressable market for TPM. TPM is a dedicated microcontroller that provides a secure environment for cryptographic operations. It stores cryptographic keys and ensures that these keys are not accessible to unauthorized entities, offering a hardware-based security layer that is resistant to software-based attacks.
Key market players in the Global Trusted Platform Module (TPM) Market are: –
- Samsung
- Infineon
- Security Innovation
- Intel
- IBM
- AMD
- Lenovo
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“ The Trusted Platform Module (TPM) market is experiencing significant growth, driven by the increasing demand for enhanced security in digital systems. TPM is a hardware-based security solution that provides a secure foundation for various computing devices. As cyber threats continue to evolve, the adoption of TPM has become crucial for safeguarding sensitive data, ensuring secure boot processes, and protecting against various forms of attacks. TPM plays a crucial role in establishing a secure boot process. It verifies the integrity of the boot components, ensuring that the system starts up only with trusted software. This prevents the execution of malicious code during the boot sequence, enhancing the overall security posture of the device.
TPM facilitates the generation and storage of cryptographic keys in a secure environment. This is instrumental in securing sensitive data through encryption. By offloading key management to the TPM, the risk of key exposure is significantly reduced, enhancing the overall security of the system.
TPM enables attestation, allowing a system to prove its integrity to external entities. Remote attestation extends this capability to provide evidence of the system’s security state to remote parties. This is particularly valuable in scenarios where verifying the security of a device is crucial, such as in remote access scenarios.
In conclusion, the Trusted Platform Module market is witnessing robust growth driven by the imperative need for enhanced cybersecurity measures. As the digital landscape continues to evolve, TPM stands as a key enabler for securing devices, protecting sensitive data, and ensuring the trustworthiness of computing systems in the face of evolving cyber threats. The convergence of regulatory pressures, increased awareness of data privacy, and the expanding integration of TPM across diverse devices collectively contribute to its prominence in the contemporary security landscape. “said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Trusted Platform Module (TPM) Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Type (TPM 1.2, And TPM 2.0), By Applications (Mobile Security, Automotive, Banking, Transport, Pay TV & ID, Wearable, And Security In Internet Of Things (IoT) Connectivity), By Implementation Type (Discrete, Integrated, And Firmware), By Region, and By Competition 2019-2029” provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Trusted Platform Module (TPM) Market.
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