global Security ICs market Revenue Trends and Growth Drivers

Global Security ICs Market � Forecast to 2030

Report Code: UC-SE-6625 Jan, 2026, by marketsandmarkets.com

Overview of global Security ICs Market

The global Security ICs market growth is driven by the increasing need for strong data protection across the industries is driven by a high adoption rate of IoT devices, smartphones, and wearables that require secured data storage and communication. Increased demand for security ICs is also witnessed by the increased use of digital payment systems, contactless cards, and e-passports that need to prevent fraudulence and ensure compliance with heavy regulations. Advances in machine learning and AI-based threat detection are also forcing the integration of hardware-level security. The growth of automotive electronics, especially in connected and autonomous vehicles, further propels the demand for security ICs to protect critical systems from cyberattacks. Regional government initiatives to enhance cybersecurity infrastructure, especially in Asia-Pacific and North America, add momentum to this market growth.

Increasing Use in Payment Systems

One of the most prominent applications of security ICs is in payment systems. With the growing adoption of contactless payments, secure banking cards, and mobile payment platforms, security ICs are essential to safeguard financial transactions. These ICs leverage advanced cryptographic techniques to protect sensitive information, ensuring trust in digital payment ecosystems. For instance, in November 2022, Infineon Technologies AG launched the SLC26P, the first security IC designed for high-volume payment applications using advanced 28 nm technology. This innovation enhances sourcing flexibility, boosts performance, and improves energy efficiency and environmental sustainability. The 28 nm product portfolio supports smart card and embedded security applications across payment, transportation, identity, and authentication markets.

Expanding Applications in Automotive Systems

The automotive industry is increasingly leveraging security ICs to address the rising cybersecurity challenges in modern vehicles. With the proliferation of connected cars, advanced driver-assistance systems (ADAS), and autonomous driving technologies, security ICs ensure secure communication between vehicle components and external networks. They safeguard critical systems, such as engine control units (ECUs), infotainment systems, and vehicle-to-everything (V2X) communication, from potential cyberattacks. Moreover, as regulatory standards for automotive cybersecurity become more stringent, the demand for robust and compliant security ICs is accelerating, as a result, companies in the market are launching security ICs for automotive applications to stay competitive in the market. For instance, in November 2023, Microchip Technology Inc. introduced the TA101 TrustAnchor Security IC, designed for advanced automotive and embedded security applications. Supporting data centers and industrial use cases, it pairs with MCUs or MPUs to manage cryptographic tasks, including PKI, certificate management, and secure key storage. The TA101 also enables secure boot, TLS, firmware updates, HDCP, ownership transfer, key management, and WPC Qi 1.3 authentication. These advancements enhance vehicle safety and bolster consumer trust in next-generation mobility solutions.

Rising Adoption of Security ICs in IoT Devices

As the Internet of Things (IoT) continues to expand, the need for secure device communication has become critical. Security ICs are pivotal in securing IoT endpoints, preventing unauthorized access, and ensuring the integrity of data exchanged across connected ecosystems. Their applications span smart home devices, industrial IoT (IIoT), and connected healthcare systems.

Challenges

The security IC market faces several challenges that could impact its growth and innovation. The rising sophistication of cyberattacks demands constant advancements in cryptographic techniques, which increases development costs and complexity. Compliance with diverse and evolving global security standards also poses hurdles for manufacturers, requiring significant investment in certification processes. Additionally, the miniaturization of devices presents integration challenges, as security ICs must balance compact design with robust performance. Supply chain vulnerabilities, such as chip shortages and dependency on specific manufacturing regions, further complicate the market dynamics. Despite these challenges, ongoing innovation and collaboration within the industry continue to drive progress.

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Introduction
- Study Objectives
- Market Definition and Scope
  - Inclusions and Exclusions
- Study Scope
  - Markets Covered
  - Geographic Segmentation
  - Years Considered for the Study
- Currency
- Limitations
- Stakeholders

Research Methodology
- Research Data
  - Secondary Data
    - Major Secondary Sources
    - Key Data from Secondary Sources
  - Primary Data
    - Primary Interviews with Experts
    - Key Data from Primary Sources
    - Key Industry Insights
    - Breakdown of Primaries
  - Market Size Estimation
    - Bottom-Up Approach
      - Approach for Capturing Market Share by Bottom-Up Analysis (Demand Side)
    - Top-Down Approach
      - Approach for Capturing Market Share by Top-Down Analysis (Supply Side)
    - Market Breakdown and Data Triangulation
    - Research Assumptions
    - Risk Assessment
    - Limitations of Research

Executive Summary

Premium Insights

Market Overview
- Introduction
- Market Dynamics
- Trends/Disruptions Impacting Customer’s Business
- Pricing Analysis
- Value Chain Analysis
- Ecosystem Analysis
- Investment and Funding Scenario
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Key Conferences and Events (2024–2026)
- Case Study Analysis
- Regulatory Landscape
  - Regulatory Bodies, Government Agencies, and Other Organizations
  - Regulatory Framework
- Porters Five Force Analysis
  - Threat from New Entrants
  - Threat of Substitutes
  - Bargaining Power of Suppliers
  - Bargaining Power of Buyers
  - Intensity of Competitive Rivalry
- Key Stakeholders and Buying Criteria
  - Key Stakeholders in Buying Process
  - Buying Criteria
- Impact of AI/Gen AI on the Security IC Market

Security IC Market, By Type
- Introduction
- Trusted Platform Modules
- Embedded Security ICs
- Cryptographic ICs
- Secure Microcontrollers
- Secure Elements (SEs)
- Hardware Security Modules (HSM)
- Others

Security IC Market, By Application
- Introduction
- Data Encryption
- Access Control
- Identity Management
- Secure Communication

Security IC Market, By Form Factor
- Introduction
- Standalone
- Integrated

Security IC Market, By Technology
- Introduction
- RFID
- NFC
- Biometric

Security IC Market, By End-user Industry
- Introduction
- Telecommunications
- BFSI
- Government and Healthcare
- Transportation
- Education
- Retail
- Others

Security IC Market, By Region
- Introduction
- North America
  - Macroeconomic Outlook
  - US
  - Canada
  - Mexico
- Europe
  - Macroeconomic Outlook
  - UK
  - Germany
  - France
  - Italy
  - Rest of Europe
- Asia Pacific
  - Macroeconomic Outlook
  - China
  - Japan
  - India
  - South Korea
  - Rest of Asia Pacific
- RoW
  - Macroeconomic Outlook
  - Middle East & Africa
    - GCC Countries
    - Rest of Middle East & Africa
  - South America

Security IC Market, Competitive Landscape
- Key Player Strategies/Right to Win
- Revenue Analysis
- Market Share Analysis
- Company Valuation and Financial Metrics
- Product/Brand Comparison
- Company Evaluation Matrix: Key Players, 2024
  - Stars
  - Emerging Leaders
  - Pervasive Players
  - Participants
  - Company Footprint: Key Players, 2024
    - Company Footprint
    - Region Footprint
    - End-user Industry Footprint
    - Type Footprint
    - Application Footprint
  - Company Evaluation Matrix: Startups/SMEs, 2024
    - Progressive Companies
    - Responsive Companies
    - Dynamic Companies
    - Starting Blocks
    - Competitive Benchmarking: Startups/SMEs, 2024
      - Detailed List of Key Startups/SMEs
      - Competitive Benchmarking of Key Startups/SMEs
    - Competitive Situation and Trends

Security IC Market, Company Profiles
- Key Players

(Business Overview, Products Offered, Recent Developments, and MnM View (Top 5 Players)

Infineon Technologies AG
NXP Semiconductors
STMicroelectronics
Microchip Technology Inc.
Texas Instruments Incorporated
Analog Devices, Inc.
Semiconductor Components Industries, LLC
Winbond
KONA I Co., Ltd.
Nations Technologies Inc.
Other Players

Appendix

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