Despite facing an increasingly volatile semiconductor industry plagued by ongoing macroeconomic and political issues, the secure microcontroller (MCU) market should fare well in the long term.
While the forecasted total available market has contracted, especially in the smart home, retail, advertising, and supply chain spaces, secure MCU shipments will only be temporarily adversely affected. According to a new global technology intelligence firm ABI Research report, the secure microcontrollers market will grow to US$2.2 billion by 2026.
“In part, this is due to the niche nature of security demand which commands a higher value proposition,” says Michela Menting, Trusted Device Solutions Research Director at ABI Research. “In the short term, supply chain issues due to trade embargoes and pandemic quarantines at manufacturing sites will affect availability. Yet, demand for security, especially in general purpose microcontrollers, will ensure the secure MCU market continues to be a high priority for device OEMs.” Strong market demand will stem from utilities and industrial IoT and smart cities and buildings, notably for MCUs with Trusted Execution Technologies that can securely run mission-critical and highly-sensitive applications at the edge.
Several opportunities will continue to drive demand for secure MCUs. On the one hand, a growing body of policy and regulation supports secure semiconductor investment, including a range of EU and U.S. tools such as the EU Cybersecurity Certification Framework, the EU Cyber Resilience Act, and the EU Chips and the U.S. CHIPS and Science Act. On the other hand, the demand for secure IoT lifecycle management capabilities, from provisioning and onboarding for cloud and network services to OTA firmware updates and patching, means security IP choice for MCUs become primary product differentiators in an increasingly competitive market.
The secure MCU market is responding to this continued demand. An increasing number of semiconductors have launched numerous new products in the last two years, catering to various IoT device types and use case scenarios. These include Renesas (RA), NXP (i.MX), STMicroelectronics (STM32), Microchip (SAM), Infineon / Cypress (PSoC), among many others. The market has coalesced around Arm Cortex processors, in part due to the rich security IP available with TrustZone. Still, there is growing competition from the secure RISC-V movement, directly challenging Arm’s dominance in the space.
These findings are from ABI Research’s Secure MCU Market Overview report. This report is part of the company’s Trusted Device Solutions research service, which includes research, data, and ABI Insights.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research 是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Asia: +65 6950.5670