Trusted Platform Module (TPM) Market is expected to grow at a CAGR of 12.08%
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.
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.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on the "Global TrustedPlatform Module (TPM) Market.”
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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