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Trusted Execution Environment Shipments

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SOURCE RESEARCH

Digital Authentication and Embedded Security: IoT Cybersecurity

Market Data | 4Q 2024 | MD-IOTDAES-102

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As the chart above shows, Trusted Execution Environment (TEE) shipments will increase from 82.95 million annually in 2022 to 484 million by 2027. Utilities and Industrial Internet of Things (IoT) applications will account for the largest share of TEE shipments throughout the forecast period, followed by smart cities & buildings and wearable computing.

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