Hardware Security for the Mobile Market Reaching New Revenue Heights

With the mobile market growing at an unprecedented pace, it is time for everybody to start paying attention to hardware security. This is more important to users today than ever before, and for this reason we can expect many changes in the months to come.

Hardware security for mobile devices is quickly becoming a priority market, thanks in large part to the increasing number of government and finance related users. While both of these sectors call for a high level of security, it goes without saying that this is something that is important to everybody.

While there is no denying the growth of the hardware security market, there are definite challenges standing in the way. In addition to companies that are trying to bring new ways of thinking to the hardware security game, there are those, such as Microsoft and Intel, that want to take what has worked so well on the PC side and implement it into the mobile market.

Apple Inc. (AAPL)

Who is the Leader?

At this point, there is no cut and dry leader in the hardware security for mobile market. With so much fragmentation, no company has been able to take the bull by the horns and claim the top spot.

Michela Menting of ABI Research noted, “Interesting partnerships are being formed in the market, with players still unsure which technology will ultimately prevail. Yet all are aware of the pressing demand for security and that they will need to dive into the turbulent waters soon if they want to stay ahead of the game.”

In other words, the major players know that they need to do something but don’t know exactly which direction to move just yet. They are flying blind, hoping that things work out in the end.

ABI Research went on to add that they believe the mobile hardware security market will reach $1 billion by the end of the year. That is no small market.

In the months to come, we will continue to keep a close eye on how this market develops. There are a lot of companies involved, from those that sell mobile devices, such as Samsung and Apple, to those that are going to focus on the security side of things. Right now, it is shaping up to be a bumpy ride.

 

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