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Insightful Confidential Computing Market Intelligence Report: Analyzing Key Futuristic Trends, Research Methodologies, and Competitive Landscape until 2029

08-10-2023 01:43 PM CET | IT, New Media & Software

Press release from: ReportsnReports

Insightful Confidential Computing Market Intelligence

๐“๐ก๐ž ๐œ๐จ๐ง๐Ÿ๐ข๐๐ž๐ง๐ญ๐ข๐š๐ฅ ๐œ๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐Ÿ๐ซ๐จ๐ฆ ๐”๐’๐ƒ ๐Ÿ“.๐Ÿ‘ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ“๐Ÿ—.๐Ÿ’ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ– ๐š๐ญ ๐š ๐‚๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐€๐ง๐ง๐ฎ๐š๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ”๐Ÿ.๐Ÿ% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐.

๐Ÿ”ฅ ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ซ๐ž๐ž ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ + ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐“๐Ž๐‚ โžก๏ธ https://www.reportsnreports.com/contacts/requestsample.aspx?name=7196102

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐š๐ฃ๐จ๐ซ ๐ฏ๐ž๐ง๐๐จ๐ซ๐ฌ offering confidential computing across the globe are Microsoft (US), IBM (US), Intel(US), Google(US), AMD(US), Fortanix(US), AWS (US), Arm(UK), Alibaba Cloud (China), Swisscom (Switzerland), OVHcloud(France), pheonixNAP(US), AMI(Georgia), Applied Blockchain (UK), R3 (US), Decentriq (Switzerland), Hub Security (Israel), Edgeless Systems (Germany), Cysec (Switzerland), Opaque Systems (US), Profian (US), Super Protocol (US), Secretarium (UK), Anjuna Security (US), and Tresorit (Switzerland).

The growing need of confidential AI solutions, rise in edge computing are some of the opportunities for the confidential computing market growth. The lack of awareness regarding confidential computing represents a significant challenge for the growth of the confidential computing market.

As per component, the hardware segment to hold the highest CAGR during the forecast period.

The confidential computing market by component is divided into hardware, software, and services. The services segment is estimated to hold the highest CAGR of 67.8% during the forecasted period of the confidential computing market. The hardware components play a crucial role in providing the necessary security and trust for protecting sensitive data and computations. These hardware components are specifically designed to enhance the security posture of the computing environment.

As per application, data security segment holds the highest CAGR during the forecast period.

The application is segmented into data security, secure enclaves, pellucidity between users, and other applications. As per application, the data security is expected to hold the highest CAGR of 64.4% during the forecast period.Confidential computing relies on specialized hardware infrastructure to provide secure and isolated environments for data processing. This infrastructure includes trusted execution environments, secure enclaves, and hardware-based security features. Cloud providers and data centers are investing in confidential computing infrastructure to offer secure and trusted computing environments to their customers. The growing adoption of cloud computing and distributed computing environments presents challenges in maintaining data security. Confidential computing addresses these challenges by allowing data owners to maintain control over their data even when processed in third-party environments, mitigating risks associated with data outsourcing.

As per region, Europe holds the second largest market share during the forecast period

The confidential computing market is segmented into five regions, including North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of global confidential computing market share, Europe holds the second largest market share in 2023 and is expected to last throughout the forecast period. Europe has diverse business needs, as several large retailers and manufacturing companies demand robust and scalable IT infrastructure solutions. The region has always been a challenging market for cloud providers due to the stringent regulations and security standards pertaining to user data privacy. Europe has been at the forefront of data protection regulations, particularly with the implementation of the General Data Protection Regulation (GDPR). GDPR emphasizes the need for data privacy, security, and the protection of individuals' personal data. Confidential computing technologies align with GDPR requirements by enabling secure data processing and minimizing the risk of data breaches. The strict regulatory landscape in Europe has driven organizations to adopt confidential computing solutions to ensure compliance. European businesses and consumers place a high value on privacy and data sovereignty. Confidential computing provides a way to process sensitive data while maintaining control and ownership of that data. It enables organizations to protect their data from unauthorized access, even when it is being processed by third-party systems or in the cloud.

โžก๏ธ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=7196102

๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐œ๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž:

The market study covers the confidential computing market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as component, application, deployment mode, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

๐‘๐ž๐š๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall confidential computing market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

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