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Security Processors Weave a Safer WebProduct Type: Market Research ReportPublished by: In-Stat Published: November 2002 Product Code: R97-1101 Description The security chip market is not currently taking the world by storm. Like most every other semiconductor market, security chips shrank in 2002. However, unlike other chip markets, encryption ICs, find their demand increasing in situations where uncertainty rules supreme. With all that has happened in the last 18 months, the need for encryption chips has never been greater. Not simply some paranoid delusions that security ICs will keep the boogy man away, but because these mathematical wizards of silicon are a key ingredient to helping companies operate more efficiently, and lower operating costs as well. For many reasons - all of which we will explore in this report - security chips will help change the "Internet Everything" hype of 2000 into real and true improvements in the ways companies, worldwide, do business.
However, the tremendous improvements that security chipmakers have achieved over the last several years will soon pay off in droves. As companies continue to feel pressures to perform business over the Web in a secure manner, they are continuously looking for methods to reduce costs. Now that security chips have become dramatically easier to use, OEMs are looking favorably at encryption chips that can make producing security-enabled applications simpler and more cost effective. This is why the encryption chip market will approach $600 Million by 2006. Table of Contents
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