Table of Content

1 INTRODUCTION 35
1.1 STUDY OBJECTIVES 35
1.2 MARKET DEFINITION 35
1.2.1 INCLUSIONS AND EXCLUSIONS 36
1.3 MARKET SCOPE 37
1.3.1 MARKET SEGMENTATION 37
1.3.2 REGIONS COVERED 37
1.3.3 YEARS CONSIDERED 38
1.4 CURRENCY 38
TABLE 1 US DOLLAR EXCHANGE RATE, 2019–2022 38
1.5 STAKEHOLDERS 39
2 RESEARCH METHODOLOGY 40
2.1 RESEARCH DATA 40
FIGURE 1 CONFIDENTIAL COMPUTING MARKET: RESEARCH DESIGN 40
2.1.1 SECONDARY DATA 41
2.1.2 PRIMARY DATA 41
2.1.2.1 Breakup of primary profiles 42
FIGURE 2 BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 42
2.1.2.2 Key industry insights 42
2.2 DATA TRIANGULATION 43
2.3 MARKET SIZE ESTIMATION 44
FIGURE 3 CONFIDENTIAL COMPUTING MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 44
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS AND SERVICES FROM CONFIDENTIAL COMPUTING VENDORS 45
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (SUPPLY SIDE): COLLECTIVE REVENUE OF CONFIDENTIAL COMPUTING VENDORS 46
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY – (SUPPLY SIDE): CAGR PROJECTIONS FROM SUPPLY SIDE 47
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2 (BOTTOM-UP): REVENUE GENERATED BY CONFIDENTIAL COMPUTING VENDORS FROM EACH COMPONENT 48
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2 (DEMAND SIDE): REVENUE GENERATED FROM DIFFERENT CONFIDENTIAL COMPUTING APPLICATIONS 48
2.4 MARKET FORECAST 49
TABLE 2 FACTOR ANALYSIS 49
2.5 ASSUMPTIONS 50
2.6 LIMITATIONS 51
3 EXECUTIVE SUMMARY 52
FIGURE 9 GLOBAL CONFIDENTIAL COMPUTING MARKET, 2019–2028 (USD MILLION) 53
FIGURE 10 FASTEST-GROWING SEGMENTS IN CONFIDENTIAL COMPUTING MARKET, 2023–2028 53
FIGURE 11 HARDWARE SEGMENT TO HAVE HIGHEST CAGR DURING FORECAST PERIOD 54
FIGURE 12 DATA SECURITY SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 54
FIGURE 13 CLOUD DEPLOYMENT MODE TO HAVE HIGHER CAGR DURING FORECAST PERIOD 55
FIGURE 14 BFSI VERTICAL TO HOLD LARGEST MARKET SHARE IN 2023 55
FIGURE 15 CONFIDENTIAL COMPUTING MARKET: REGIONAL SNAPSHOT 56
4 PREMIUM INSIGHTS 57
4.1 OVERVIEW OF CONFIDENTIAL COMPUTING MARKET 57
FIGURE 16 NEED TO SECURE SENSITIVE DATA AND COMPUTATIONS TO BOOST CONFIDENTIAL COMPUTING MARKET GROWTH 57
4.2 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023 VS. 2028 57
FIGURE 17 SOFTWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 57
4.3 CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2023 VS. 2028 58
FIGURE 18 DATA SECURITY SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 58
4.4 CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023 VS. 2028 58
FIGURE 19 CLOUD SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD 58
4.5 CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2023–2028 59
FIGURE 20 BFSI VERTICAL TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 59
4.6 CONFIDENTIAL COMPUTING MARKET: REGIONAL SCENARIO, 2023–2028 59
FIGURE 21 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS 59
5 MARKET OVERVIEW AND INDUSTRY TRENDS 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 60
FIGURE 22 MARKET DYNAMICS: CONFIDENTIAL COMPUTING MARKET 60
5.2.1 DRIVERS 61
5.2.1.1 Increasing concerns regarding data privacy and security 61
FIGURE 23 CLOUD DATA BREACH AMONG TOP IN SERIOUS CLOUD SECURITY INCIDENTS EXPERIENCED IN 2022 61
5.2.1.2 Growing adoption of cloud computing 61
FIGURE 24 GLOBAL CLOUD IT INFRASTRUCTURE SPENDING, 2018–2026 62
5.2.1.3 Advancements in hardware and software 62
5.2.1.4 Increasing need to meet regulatory requirements 63
5.2.2 RESTRAINTS 63
5.2.2.1 High cost related to confidential computing 63
5.2.2.2 Regulatory compliance issues 64
FIGURE 25 95% OF ORGANIZATIONS: MODERATELY TO EXTREMELY CONCERNED ABOUT CLOUD SECURITY 64
5.2.3 OPPORTUNITIES 64
5.2.3.1 Growing need for confidential AI solutions 64
5.2.3.2 Rise in edge computing to boost confidential computing growth 65
5.2.3.3 Emerging opportunity in cloud-based confidential computing 65
5.2.4 CHALLENGES 66
5.2.4.1 Lack of awareness regarding confidential computing 66
5.2.4.2 Complexity associated with confidential computing technology 66
5.2.4.3 Limited standards to restrict usage of confidential computing 66
5.3 CASE STUDY ANALYSIS 67
5.3.1 CASE STUDY 1: SCALING SECURE ENCLAVE ENVIRONMENTS WITH SIGNAL AND AZURE CONFIDENTIAL COMPUTING 67
5.3.2 CASE STUDY 2: BEEKEEPERAI ACCELERATES HEALTHCARE AI AND ENABLES SECURE HEALTHCARE DATA COLLABORATION WITH FORTANIX CONFIDENTIAL COMPUTING 67
5.3.3 CASE STUDY 3: CONVEYING UNIQUE TOP GOLF EXPERIENCE THROUGH VIDEO 68
5.3.4 CASE STUDY 4: IRENE ENERGY EMBRACES CONFIDENTIAL COMPUTING TO SAFELY DELIVER ELECTRICITY 68
5.3.5 CASE STUDY 5: MAXIMUM SCALABILITY AND FLEXIBILITY 69
5.4 SUPPLY CHAIN ANALYSIS 69
FIGURE 26 CONFIDENTIAL COMPUTING MARKET: SUPPLY CHAIN ANALYSIS 70
5.5 ECOSYSTEM ANALYSIS 70
FIGURE 27 CONFIDENTIAL COMPUTING MARKET: ECOSYSTEM ANALYSIS 71
5.6 TECHNOLOGY ANALYSIS 71
5.6.1 TRUSTED EXECUTION ENVIRONMENT 71
5.6.2 HOMOMORPHIC ENCRYPTION 72
5.6.3 SECURE MULTI-PARTY COMPUTATION 72
5.6.4 CONFIDENTIAL CONTAINERS 72
5.6.5 IDENTITY AND ACCESS MANAGEMENT 73
5.6.6 DATA LOSS PREVENTION 73
5.7 PRICING ANALYSIS 74
TABLE 3 CONFIDENTIAL COMPUTING MARKET: PRICING ANALYSIS, BY ANJUNA SECURITY 74
TABLE 4 CONFIDENTIAL COMPUTING MARKET: PRICING ANALYSIS, BY GOOGLE 74
5.8 PATENT ANALYSIS 75
FIGURE 28 NUMBER OF PATENTS PUBLISHED, 2012–2022 75
FIGURE 29 TOP FIVE PATENT OWNERS (GLOBAL) 75
TABLE 5 TOP 10 PATENT APPLICANTS (US) 76
TABLE 6 CONFIDENTIAL COMPUTING MARKET: PATENTS 76
5.9 PORTER’S FIVE FORCES ANALYSIS 77
FIGURE 30 CONFIDENTIAL COMPUTING MARKET: PORTER’S FIVE FORCES ANALYSIS 77
TABLE 7 CONFIDENTIAL COMPUTING MARKET: PORTER’S FIVE FORCES ANALYSIS 77
5.9.1 THREAT OF NEW ENTRANTS 78
5.9.2 THREAT OF SUBSTITUTES 78
5.9.3 BARGAINING POWER OF SUPPLIERS 78
5.9.4 BARGAINING POWER OF BUYERS 78
5.9.5 INTENSITY OF COMPETITIVE RIVALRY 78
5.10 TARIFF AND REGULATORY LANDSCAPE 79
5.10.1 NORTH AMERICA 79
5.10.2 EUROPE 79
5.10.3 ASIA PACIFIC 80
5.10.4 MIDDLE EAST AND SOUTH AFRICA 80
5.10.5 LATIN AMERICA 80
5.11 KEY CONFERENCES AND EVENTS BETWEEN 2023 AND 2024 81
TABLE 8 CONFIDENTIAL COMPUTING MARKET: KEY CONFERENCES AND EVENTS BETWEEN 2023 AND 2024 81
5.12 TRENDS/DISRUPTIONS IMPACTING BUYERS 81
FIGURE 31 CONFIDENTIAL COMPUTING MARKET: TRENDS/DISRUPTIONS IMPACTING BUYERS 81
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 82
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 82
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USERS 82
TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USERS (%) 82
5.13.2 BUYING CRITERIA 83
FIGURE 33 KEY BUYING CRITERIA FOR END USERS 83
TABLE 10 KEY BUYING CRITERIA FOR END USERS 83
6 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT 84
6.1 INTRODUCTION 85
FIGURE 34 HARDWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 85
6.1.1 COMPONENTS: CONFIDENTIAL COMPUTING MARKET DRIVERS 85
TABLE 11 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 85
TABLE 12 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 86
6.2 HARDWARE 86
6.2.1 HARDWARE PROVIDES FOUNDATIONAL SECURITY FEATURES AND ISOLATION MECHANISMS 86
TABLE 13 HARDWARE: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 87
TABLE 14 HARDWARE: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 87
6.3 SOFTWARE 87
6.3.1 SOFTWARE TOOLS AND PRACTICES SUPPORT SECURE SOFTWARE DEVELOPMENT LIFECYCLE FOR CONFIDENTIAL COMPUTING SOLUTIONS 87
TABLE 15 SOFTWARE: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 88
TABLE 16 SOFTWARE: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 88
6.4 SERVICES 89
6.4.1 ENABLES ORGANIZATIONS TO ADOPT, IMPLEMENT, AND MANAGE SECURE ENCLAVES 89
TABLE 17 SERVICES: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 89
TABLE 18 SERVICES: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 89
7 CONFIDENTIAL COMPUTING MARKET, BY APPLICATION 90
7.1 INTRODUCTION 91
FIGURE 35 DATA SECURITY SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 91
7.1.1 APPLICATIONS: CONFIDENTIAL COMPUTING MARKET DRIVERS 91
TABLE 19 APPLICATIONS: CONFIDENTIAL COMPUTING MARKET, 2019–2022 (USD MILLION) 92
TABLE 20 APPLICATIONS: CONFIDENTIAL COMPUTING MARKET, 2023–2028 (USD MILLION) 92
7.2 DATA SECURITY 92
7.2.1 CONFIDENTIAL COMPUTING TECHNOLOGIES ADDRESS CONCERNS RELATED TO DATA RESIDENCY AND SOVEREIGNTY 92
TABLE 21 DATA SECURITY: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 93
TABLE 22 DATA SECURITY: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 93
7.3 SECURE ENCLAVES 93
7.3.1 SECURE ENCLAVES ENSURE CONFIDENTIALITY AND INTEGRITY OF DATA BY ENCRYPTING IT WITHIN ENCLAVE 93
TABLE 23 SECURE ENCLAVES: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 94
TABLE 24 SECURE ENCLAVES: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 94
7.4 PELLUCIDITY BETWEEN USERS 94
7.4.1 CONFIDENTIAL COMPUTING TO ESTABLISH TRUST AND CONFIDENCE IN HANDLING OF SENSITIVE DATA WITHIN CONFIDENTIAL COMPUTING ENVIRONMENT 94
TABLE 25 PELLUCIDITY BETWEEN USERS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 95
TABLE 26 PELLUCIDITY BETWEEN USERS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 95
7.5 OTHER APPLICATIONS 95
7.5.1 ORGANIZATIONS SECURELY PROCESS, ANALYZE, AND COLLABORATE ON SENSITIVE DATA WHILE MAINTAINING PRIVACY 95
TABLE 27 OTHER APPLICATIONS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 96
TABLE 28 OTHER APPLICATIONS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 96
8 CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE 97
8.1 INTRODUCTION 98
FIGURE 36 CLOUD DEPLOYMENT MODE TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 98
8.1.1 DEPLOYMENT MODES: CONFIDENTIAL COMPUTING MARKET DRIVERS 98
TABLE 29 CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 99
TABLE 30 CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 99
8.2 ON-PREMISES 99
8.2.1 ON-PREMISES DEPLOYMENT ALLOWS ORGANIZATIONS TO CUSTOMIZE CONFIDENTIAL COMPUTING INFRASTRUCTURE TO THEIR SPECIFIC NEEDS 99
TABLE 31 ON-PREMISES: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 100
TABLE 32 ON-PREMISES: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 100
8.3 CLOUD 100
8.3.1 CLOUD DEPLOYMENT ENABLES GEOGRAPHICALLY DISTRIBUTED TEAMS TO ACCESS AND COLLABORATE ON CONFIDENTIAL COMPUTING RESOURCES AND DATA 100
TABLE 33 CLOUD: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 101
TABLE 34 CLOUD: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 101
9 CONFIDENTIAL COMPUTING MARKET, BY VERTICAL 102
9.1 INTRODUCTION 103
FIGURE 37 BFSI VERTICAL TO DOMINATE MARKET IN 2023 103
9.1.1 VERTICALS: CONFIDENTIAL COMPUTING MARKET DRIVERS 103
TABLE 35 CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 104
TABLE 36 CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 104
9.2 BFSI 105
9.2.1 CONFIDENTIAL COMPUTING HELPS ADDRESS DATA PRIVACY, SECURITY, COMPLIANCE, AND RISK MANAGEMENT 105
TABLE 37 BFSI: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 105
TABLE 38 BFSI: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 106
9.3 GOVERNMENT & DEFENSE 106
9.3.1 VIDEO STREAMING SOFTWARE TO ENABLE BETTER CUSTOMER SERVICE AND REACH WIDER AUDIENCE THROUGH MARKETING EFFORTS 106
TABLE 39 GOVERNMENT & DEFENSE: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 107
TABLE 40 GOVERNMENT & DEFENSE: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 107
9.4 HEALTHCARE & LIFE SCIENCES 107
9.4.1 CONFIDENTIAL COMPUTING ENHANCES SECURITY OF MEDICAL DEVICES AND CONNECTED HEALTHCARE SYSTEMS 107
TABLE 41 HEALTHCARE & LIFE SCIENCES: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 108
TABLE 42 HEALTHCARE & LIFE SCIENCES: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 108
9.5 IT & TELECOMMUNICATIONS 109
9.5.1 ORGANIZATIONS TO LEVERAGE ADVANCED TECHNOLOGIES WHILE SAFEGUARDING SENSITIVE INFORMATION 109
TABLE 43 IT & TELECOMMUNICATIONS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 44 IT & TELECOMMUNICATIONS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 110
9.6 MANUFACTURING 110
9.6.1 CONFIDENTIAL COMPUTING ENABLES INNOVATION, PRODUCTIVITY, AND COMPETITIVE ADVANTAGE BY OFFERING SECURE AND RESILIENT DIGITAL INFRASTRUCTURE TO MANUFACTURING COMPANIES 110
TABLE 45 MANUFACTURING: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 46 MANUFACTURING: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 111
9.7 RETAIL & CONSUMER GOODS 111
9.7.1 ENABLES RETAILERS TO BUILD CUSTOMER TRUST, MAINTAINS COMPETITIVE ADVANTAGE, AND MITIGATES RISKS ASSOCIATED WITH DATA BREACHES AND UNAUTHORIZED ACCESS TO SENSITIVE INFORMATION 111
TABLE 47 RETAIL & CONSUMER GOODS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 112
TABLE 48 RETAIL & CONSUMER GOODS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 112
9.8 EDUCATION 112
9.8.1 CONFIDENTIAL FOSTERS INNOVATION, EMPOWERS PERSONALIZED LEARNING, PROTECTS SENSITIVE DATA, AND FACILITATES SEAMLESS COLLABORATION AND REMOTE LEARNING 112
TABLE 49 EDUCATION: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 50 EDUCATION: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 113
9.9 OTHER VERTICALS 114
TABLE 51 OTHER VERTICALS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 114
TABLE 52 OTHER VERTICALS: CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 115
10 CONFIDENTIAL COMPUTING MARKET, BY REGION 116
10.1 INTRODUCTION 117
FIGURE 38 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 117
TABLE 53 CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 54 CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 118
10.2 NORTH AMERICA 118
10.2.1 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET DRIVERS 118
10.2.2 NORTH AMERICA: RECESSION IMPACT 119
FIGURE 39 NORTH AMERICA: MARKET SNAPSHOT 120
TABLE 55 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 120
TABLE 56 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 121
TABLE 57 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 121
TABLE 58 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 121
TABLE 59 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 121
TABLE 60 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 122
TABLE 61 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 122
TABLE 62 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 122
TABLE 63 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 123
TABLE 64 NORTH AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 123
10.2.3 US 123
10.2.3.1 Presence of several confidential computing providers to drive market 123
TABLE 65 US: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 124
TABLE 66 US: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 124
TABLE 67 US: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 124
TABLE 68 US: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 124
10.2.3.2 Government initiatives and security advancements to fuel adoption of confidential computing services 124
TABLE 69 CANADA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 125
TABLE 70 CANADA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 125
TABLE 71 CANADA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 125
TABLE 72 CANADA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 126
10.3 EUROPE 126
10.3.1 EUROPE: CONFIDENTIAL COMPUTING MARKET DRIVERS 126
10.3.2 EUROPE: RECESSION IMPACT 127
TABLE 73 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 127
TABLE 74 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 128
TABLE 75 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 128
TABLE 76 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 128
TABLE 77 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 128
TABLE 78 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 129
TABLE 79 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 129
TABLE 80 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 129
TABLE 81 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 130
TABLE 82 EUROPE: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 130
10.3.3 UK 130
10.3.3.1 Organizations to recognize importance of data privacy, security, and compliance 130
TABLE 83 UK: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 131
TABLE 84 UK: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 131
TABLE 85 UK: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 131
TABLE 86 UK: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 131
10.3.4 GERMANY 132
10.3.4.1 Increasing digitalization to fuel growth of confidential computing services 132
TABLE 87 GERMANY: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 132
TABLE 88 GERMANY: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 132
TABLE 89 GERMANY: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 133
TABLE 90 GERMANY: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 133
10.3.5 FRANCE 133
10.3.5.1 Government initiatives to support adoption of cloud technologies 133
TABLE 91 FRANCE: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 134
TABLE 92 FRANCE: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 134
TABLE 93 FRANCE: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 134
TABLE 94 FRANCE: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 134
10.3.6 REST OF EUROPE 135
TABLE 95 REST OF EUROPE: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 135
TABLE 96 REST OF EUROPE: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 135
TABLE 97 REST OF EUROPE: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 136
TABLE 98 REST OF EUROPE: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 136
10.4 ASIA PACIFIC 136
10.4.1 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET DRIVERS 137
10.4.2 ASIA PACIFIC: RECESSION IMPACT 137
FIGURE 40 ASIA PACIFIC: REGIONAL SNAPSHOT 138
TABLE 99 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 138
TABLE 100 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 139
TABLE 101 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 139
TABLE 102 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 139
TABLE 103 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 139
TABLE 104 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 140
TABLE 105 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 140
TABLE 106 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 140
TABLE 107 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 141
TABLE 108 ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 141
10.4.3 CHINA 141
10.4.3.1 Increasing digital transformation to fuel market growth 141
TABLE 109 CHINA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 142
TABLE 110 CHINA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 142
TABLE 111 CHINA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 142
TABLE 112 CHINA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 142
10.4.4 JAPAN 143
10.4.4.1 Rising demand for confidential computing to drive market 143
TABLE 113 JAPAN: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 143
TABLE 114 JAPAN: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 143
TABLE 115 JAPAN: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 144
TABLE 116 JAPAN: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 144
10.4.5 INDIA 144
TABLE 117 INDIA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 144
TABLE 118 INDIA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 145
TABLE 119 INDIA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 145
TABLE 120 INDIA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 145
10.4.6 REST OF ASIA PACIFIC 145
TABLE 121 REST OF ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 146
TABLE 122 REST OF ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 146
TABLE 123 REST OF ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 146
TABLE 124 REST OF ASIA PACIFIC: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 147
10.5 MIDDLE EAST & AFRICA 147
10.5.1 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET DRIVERS 147
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 147
TABLE 125 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 148
TABLE 126 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 148
TABLE 127 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 148
TABLE 128 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 149
TABLE 129 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 149
TABLE 130 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 149
TABLE 131 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 149
TABLE 132 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 150
TABLE 133 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 150
TABLE 134 MIDDLE EAST & AFRICA: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 150
10.5.3 MIDDLE EAST 151
10.5.3.1 Data encryption and secure processing to reduce risk of cyber threats targeting critical infrastructure 151
TABLE 135 MIDDLE EAST: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 151
TABLE 136 MIDDLE EAST: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 151
TABLE 137 MIDDLE EAST: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 152
TABLE 138 MIDDLE EAST: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 152
10.5.4 AFRICA 152
10.5.4.1 Government initiatives to offer positive opportunities for adoption of confidential computing services 152
TABLE 139 AFRICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 153
TABLE 140 AFRICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 153
TABLE 141 AFRICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 153
TABLE 142 AFRICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 153
10.6 LATIN AMERICA 154
10.6.1 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET DRIVERS 154
10.6.2 LATIN AMERICA: RECESSION IMPACT 154
TABLE 143 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 155
TABLE 144 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 155
TABLE 145 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 155
TABLE 146 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 156
TABLE 147 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 156
TABLE 148 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 156
TABLE 149 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 156
TABLE 150 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 157
TABLE 151 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 157
TABLE 152 LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 157
10.6.3 BRAZIL 158
10.6.3.1 Presence of major confidential computing players to boost market 158
TABLE 153 BRAZIL: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 158
TABLE 154 BRAZIL: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 158
TABLE 155 BRAZIL: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 159
TABLE 156 BRAZIL: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 159
10.6.4 REST OF LATIN AMERICA 159
TABLE 157 REST OF LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 159
TABLE 158 REST OF LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 160
TABLE 159 REST OF LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD MILLION) 160
TABLE 160 REST OF LATIN AMERICA: CONFIDENTIAL COMPUTING MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 160
11 COMPETITIVE LANDSCAPE 161
11.1 INTRODUCTION 161
11.2 STRATEGIES ADOPTED BY KEY PLAYERS 161
11.3 MARKET SHARE ANALYSIS 163
TABLE 161 MARKET SHARE OF KEY VENDORS IN 2022 163
FIGURE 41 CONFIDENTIAL COMPUTING MARKET: MARKET SHARE ANALYSIS 164
11.4 HISTORICAL REVENUE ANALYSIS OF TOP VENDORS 164
FIGURE 42 HISTORICAL REVENUE ANALYSIS, 2018–2022 (USD MILLION) 164
11.5 COMPANY FINANCIAL METRICS 165
FIGURE 43 TRADING COMPARABLE (EV/CY25E EBITDAT) 165
11.6 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 165
FIGURE 44 CONFIDENTIAL COMPUTING MARKET: GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS, 2022 165
11.7 KEY COMPANY EVALUATION QUADRANT 166
FIGURE 45 COMPANY EVALUATION MATRIX FOR KEY PLAYERS: CRITERIA WEIGHTAGE 166
11.7.1 STARS 166
11.7.2 EMERGING LEADERS 166
11.7.3 PERVASIVE PLAYERS 167
11.7.4 PARTICIPANTS 167
FIGURE