From 2021 to 2031, the market for Trusted Platform Modules (TPM) is expected to increase at a CAGR of more than 15%. TPM stands for Trusted Platform Module, and it is a computer chip that is designed to provide security-related and hardware-based capabilities to authenticate platforms like laptops and PCs. The Endorsement Key (EK) and Attestation Identity Key (AIK) on the TPM chip safeguard the device from illegal firmware and software modifications.
According to a study, the TPM industry is expected to develop significantly between 2021 and 2031. Due to reasons such as increased penetration of mobile devices, laptops, and PCs, the industry will rise significantly in the future years. Furthermore, the TPM’s growth is projected to be limited by a lack of network connectivity.
TPM in Cloud Computing, for example, is expected to drive TPM market adoption.
By providing a set of cryptographic services, the TPM assists devices such as mobile phones and PCs in protecting themselves from software-based assaults. In recent years, the majority of software-based assaults have relied on flaws in software-based security measures. As a result, software-based security isn’t foolproof.
As a result, the usage of hardware-based solutions such as trusted computing has expanded over time to achieve robust security. It safeguards applications and software from executing on systems with the chip incorporated, as well as ensuring that the system performs as expected. As a result, the TPM Market is predicted to grow in response to the growing demand for TPMs in cloud computing.
Who are the TPM Market’s Major Vendors?
The following are some of the top TPM vendors and companies.