2.5 billion TEE will be shipped in handsets in 2019, says the latest Smart Insights Report
Marseille, france (PRWEB) October 30, 2014 -- Intelling is publishing a new Smart Insights Report titled “TEE Boosts Mobile Security,” that brings a new light on the market for secure mobile solutions.
According to the Smart Insights Report “TEE Boosts Mobile Security,” 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.
At a time when Google-supported HCE deployment and the evolution to a universal SIM just announced by Apple, disrupt the traditional hardware-based security model, the TEE model emerges as an optimized 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.
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.
“The evolution from traditional SIM and Secure Element based security to the TEE model is totally consistent with the global evolutions from hardware to software and from software to service. The mobile phone industry cannot stay away from these global evolutions,” says Thierry Spanjaard, CEO of Smart Insights.
Silvana Pintão, industry analyst for Smart Insights and author of the report adds: “TEE will undoubtedly make solutions move away from constrained software or hardware-only solutions. TEEs offer appropriate levels of security, while decreasing constraints for hardware and 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 nascentmarket. 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 Cartes Secure Connexions trade show in Paris Nord Villepinte, November 4 – 6. Do come and visit us on booth 4 K 136.
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.
Thierry Spanjaard,CEO, Intelling, Smart Insights, http://www.smartinsights.net, +33 609 18 28 51, [email protected]
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