Market Share of Embedded Security Industry
The embedded security market is highly fragmented, and the major players have used various strategies such as new product launches, expansions, agreements, partnerships, acquisitions, and others to increase their footprints in this market, which caters to an intense rivalry in the market. Key players are Infineon Technologies AG, STMicroelectronics N.V., etc. Recent developments in the market are seen. In August 2022, ForgeRock established a strategic alliance with Secret Double Octopus (SDO) to bring ForgeRock's robust passwordless and Multi-factor Authentication (MFA) features to enterprise workstations and infrastructure. For the time being, ForgeRock will use SDO technology to provide a uniform MFA experience for workers, contractors, and vendors. ForgeRock Enterprise Connect, the new solution, connects effortlessly with any ForgeRock deployment option, allowing organizations to gain increased security for workstations, databases, VPNs, and servers.
In April 2022, Friend MTS, a global content protection company, has announced several new technology agreements as it expands its range of complementary, best-in-class anti-piracy and content security products. These collaborations will enable Friend MTS and its partners to provide fully integrated, end-to-end content protection solutions to present and future customers. Friend MTS collaborates with industry experts to provide customers with the best technical and commercial solutions worldwide. Axinom and castLabs are the newest companies to join the Friend MTS partnership program.
Embedded Security Market Leaders
Infineon Technologies AG
STMicroelectronics N.V.
Texas Instruments Inc.
McAfee, LLC
Microchip Technology Inc.
*Disclaimer: Major Players sorted in no particular order