Smart Insights: TEE Will Reshape the Mobile Security Industry, Displacing Software or Hardware Only Solutions

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The latest Smart Insights Report: “TEE Boosts Mobile Security,” establishes that TEE (Trusted Execution Environment), a secure area that resides in a mobile device baseband processor and provides security against software attacks, will account for 2.5 billion units shipped in 2019. Shipments will grow more than sevenfold between 2014 and 2019; as a result, the installed base will be multiplied by ten over the same period.

Smart Insights Report: “TEE Boosts Mobile Security”

Smart Insights Report: “TEE Boosts Mobile Security”

Thierry Spanjaard, CEO of Smart Insights declares: “the TEE industry will attract numerous new entrants, who will propose a wide palette of services and business models. Growth will be driven by the increasing demand for mobile security"

Intelling is publishing a new Smart Insights Report “TEE Boosts Mobile Security,” that analyzes in detail the dynamics and the specificities of the TEE (Trusted Execution Environment) business. TEE-based solutions are a recent addition in the mobile security ecosystem, which is dominated by hardware- and software-based solutions. TEE emerges as an optimum solution, a combined hardware-software solution, which is easier to deploy than hardware-only solutions, but offers a greater level of security than software-only solutions. Moreover, TEE offers the execution capacities of the main processor, while it ensures that sensitive data and applications are stored, processed and protected from the operating system (e.g. Android) through a Trusted Execution Environment.

TEE will achieve mass deployment as standardization comes to market and service providers demand higher security levels for providing their sensitive content. TEE applications include payment solutions (e.g. mobile payments, mobile banking), content protection, device management (e.g. BYOD), mobile authentication, ticketing, just to name a few. As solutions leveraging TEEs increase, devices without the required security features will be marginalized and lose market share.

According to the Smart Insights Report “TEE Boosts Mobile Security,” TEE shipments are expected to keep growing in the next years at a 39% CAGR (Compounded Annual Growth Rate) between 2014 and 2019, leading to 2.5 billion TEE units to be shipped in 2019. Currently, shipments have been mainly registered in smartphones and tablets, but the TEE security features will drive its expansion to several other devices, such as wearables, connected consumer electronics, among others.

Among the several devices deploying TEEs, smartphones will account for the largest part of total shipments, or about 69%, with 1.7 billion units shipped in 2019. Shipments of smartphones including TEEs will increase at a 34% CAGR over the forecast period. But the strongest growth will be registered by TEEs in wearables, which shipments will increase at a 94% CAGR between 2014 and 2019. Connected consumer electronics will present the second greatest increase with a 68% CAGR over the period.

Thierry Spanjaard, CEO of Smart Insights declares: “the TEE industry will attract numerous new entrants, who will propose a wide palette of services and business models. Growth will be driven by the increasing demand for mobile security as new solutions come to market that need to protect users’ identity, such as authentication solutions using biometrics or mobile payments.”

Silvana Pintão, industry analyst for Smart Insights and author of the report adds: “TEE has the power to reshape the mobile security industry and make solutions move away from constrained software or hardware-only solutions. TEEs offer appropriate levels of security, while decreasing constraints for application developers.”

This Smart Insights Report, titled “TEE Boosts Mobile Security,” explores in detail the business models of the various TEE vendors, and establishes a segmentation of this nascent market. The research has been conducted combining Smart Insights long-standing experience in the secure transactions industry with interviews with key players in the TEE and mobile security industry, as well as stakeholders from mobile network operators, test labs, technology developers and systems integrators specializing in this area.

The Smart Insights Report “TEE Boosts Mobile Security” is available at http://www.smartinsights.net/Smart-Insights-Reports

In related news, Smart Insights will be present at World Smart Week, Marseille, September 22-25, 2014. Feel free to give us a call to arrange a meeting.

About Intelling:
Smart Insights Reports, along with Smart Insights Weekly and Smart Insights Market Trends, are published by Intelling, a consultancy headquartered in Marseille, France. Intelling is a consultancy with two expertise majors: marketing and strategy for secure transactions, smart cards, telecoms, payment, and convergence, as well as market intelligence, for all industry fields. Intelling is the publisher of Smart Insights Reports, that address secure transactions and smart card markets, providing an extensive qualitative and quantitative analysis.

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Thierry Spanjaard, CEO
@smart_insights
since: 10/2012
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