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ABI Research: Mobile device hardware security market to be valued at $1.9 billion in 2017

Categories: Research, Security
By: , IntoMobile
Friday, June 29th, 2012 at 1:08 AM

In its latest report, ABI Research is looking at mobile security, namely embedded mobile device hardware security. According to the research firm, this market is (will be) valued at approximately $430 million in 2012, and is set to grow to $1.9 billion by 2017.

The bulk of the market is attributed to embedded chip security that consists of technologies like ARM’s TrustZone and other semiconductor companies’ security solutions. Revenues generated by secure elements for NFC and biometric sensors are also factored into the mix, though relatively small compared to embedded chip security. This will change, however, in the next two years.

Only 7% of smartphones had NFC capabilities in 2011, though that percentage will undoubtedly grow in the years ahead, eventually pushing NFC security to account for half of mobile device hardware security revenues.

Overall, the primary drivers for embedded chip security are increasing demand of mobile payment transactions, digital rights management (DRM), enterprise protection and control access to the device…

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.