Embedded Security Industry worth $9.8 Billion by 2028

The embedded security market size has been estimated to be valued at USD 7.4 Billion in 2023 and is projected to reach USD 9.8 Billion by 2028; growing at a CAGR of 5.7% from 2023 to 2028.
The key factors contributing to the growth of the embedded security market include the rising prevalence of interconnected devices, coupled with the escalating complexity of cyberattacks, underscores the urgency for heightened security measures. Additionally, the imperative to adhere to regulatory mandates is exerting a pivotal role in steering the market’s growth trajectory.