Press release
Confidential Computing Market Rising at CAGR 39.2%: Growth Driven by Cybersecurity Needs and Favorable Regulations
Confidential Computing Market Outlook
What Is The Projected Market Size Of The Global Confidential Computing Market And Its Growth Rate?
• The Confidential Computing Market size has grown exponentially in recent years, from $8.82 billion in 2024 to an expectation of $12.28 billion in 2025, growing at a compound annual growth rate (CAGR) of 39.2%.
• This impressive growth is attributed to increasing data breaches, regulatory compliance, increasing cloud adoption, healthcare data sharing, and privacy concerns.
• The market size is forecasted to continue growing in the next few years to $41.27 billion in 2029 at a CAGR of 35.4%.
• This future growth will be driven by increasing data privacy regulations, proliferation of edge computing, focus on data sovereignty, jurisdictional regulations, and growing cybersecurity threats.
What Is Driving The Growth In The Confidential Computing Market?
The growth of the confidential computing market is being propelled by increasing cyber intrusion activities. The unauthorized actions or breaches by individuals, groups, or entities aiming to gain unauthorized access to computer systems, networks, or data pose a significant threat. With increased connectivity and sophisticated attack techniques coupled with a lack of cybersecurity awareness, there has been a rise in cyber intrusion. Confidential computing is now seen as an effective tool against such threats as it enhances cybersecurity by protecting sensitive data from unauthorized access and tampering while strengthening overall security. For example, according the Australian Cyber Security Centre, their reports of cyber crime increased by 13% to 76,000 in November 2022.
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Who Are the Key Players Driving Confidential Computing Market Growth?
• Google LLC
• Microsoft Corporation
• Alibaba Group Holding Limited
• Huawei Technologies Co. Ltd.
• Amazon Web Services Inc.
• Intel Corporation
• International Business Machines Corporation
• Cisco Systems Inc.
• Oracle Corporation
• Telefónica Group
• Advanced Micro Devices Inc.
• Capgemini SE
• Thales Group
• Vmware Inc.
• Swisscom AG
• Wipro Limited
• Arm Holdings
• OVH Groupe SA
• Cyxtera Technologies
• HUB Security Ltd.
• Applied Blockchain Ltd.
• PhoenixNAP
• Fortanix Inc.
• Anjuna Security Inc.
• dq technologies AG
• Opaque Systems Inc.
• R3 Inc.
• Cysec SA
What Are The Key Trends In The Confidential Computing Market?
• Hybrid and multi-cloud adoption
• Standardization and interoperability
• Artificial intelligence/machine learning (AI/ML)
• Enhanced data governance and compliance
• Blockchain and distributed ledger technologies
What Are The Segments Of The Global Confidential Computing Market?
• By Component: Hardware, Software, Service
• By Deployment Model: On-Premises, Cloud
• By Application: Data Security, Secure Enclaves, Pellucidity Between Users, Other Applications
• By Industry Vertical: Banking Financial Services And Insurance (BFSI), Government And Defense, Healthcare, Information Technology (IT) And Telecommunications, Retail, Manufacturing, Other Industry Verticals
Which Region Leads The Confidential Computing Market?
In 2024, North America was the largest region in the confidential computing market. Asia-Pacific, however, is expected to be the fastest-growing region during the forecast period. The data covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Confidential Computing Global Market Report?
• Market Size Analysis: Analyze the Confidential Computing Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Confidential Computing Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Confidential Computing Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Confidential Computing Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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