Secure Multiparty Computation (SMPC) Market by Offering (Solutions and Services), Deployment Mode (Cloud and On-premises), Vertical (BFSI, IT & ITeS, Government, Healthcare, and Retail & E-commerce) and Region - Global Forecast to 2029
The global secure multiparty computation market size is projected to grow from USD 824 million in 2024 to USD 1,412 million by 2029 at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. The emergence of AI, ML, and blockchain technologies into SMPC solutions drives significant growth by securing computation and enhancing data security. Advances in AI and cryptographic techniques make SMPC more efficient, enabling scalable solutions that can handle large datasets and complex computations. The combination of AI and SMPC enhances scalability and accessibility, allowing organizations of all sizes to benefit from these technologies.
“By vertical, healthcare segment accounts for a larger market share.”
SMPC holds immense potential for revolutionizing healthcare by safeguarding sensitive patient data while enabling collaborative analysis and research. In the healthcare sector, where privacy and data security are paramount. This technology facilitates secure collaborations among healthcare institutions, researchers, and practitioners, leading to advancements in medical research, diagnosis, treatment, and public health initiatives. In the healthcare sector, using SMPC in medical image analysis, particularly for functional Magnetic Resonance Imaging (fMRI) data, represents a significant advancement. SMPC enables secure computations, preserving the confidentiality of patient data and marking a significant milestone in medical research. This approach signifies a transformative era where privacy and scientific progress are mutually reinforced.
“By Offering, the solution segment accounts for a larger market share.”
SMPC solutions are designed to enable multiple parties to collaboratively perform computations on their data while ensuring that their individual inputs remain private. These solutions are particularly beneficial in key management and computation contexts. Sectors such as finance, healthcare, and government are leading the adoption of SMPC solutions. Financial institutions use SMPC solutions for secure data sharing and fraud detection, healthcare organizations leverage it for confidential medical research and patient data protection, and government agencies utilize it for secure collaboration and data analysis.
Breakdown of primaries
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
The study includes an in-depth competitive analysis of the key players in the secure multiparty computation market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the secure multiparty computation market and forecasts its size by Offering (Solutions and Services), Deployment Mode (Cloud and On-Premises), Vertical (BFSI, IT and ITeS, Government, Healthcare, Retail and Ecommerce), and Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa).
The study also includes an in-depth competitive analysis of the market’s key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
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 secure multiparty computation market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“By vertical, healthcare segment accounts for a larger market share.”
SMPC holds immense potential for revolutionizing healthcare by safeguarding sensitive patient data while enabling collaborative analysis and research. In the healthcare sector, where privacy and data security are paramount. This technology facilitates secure collaborations among healthcare institutions, researchers, and practitioners, leading to advancements in medical research, diagnosis, treatment, and public health initiatives. In the healthcare sector, using SMPC in medical image analysis, particularly for functional Magnetic Resonance Imaging (fMRI) data, represents a significant advancement. SMPC enables secure computations, preserving the confidentiality of patient data and marking a significant milestone in medical research. This approach signifies a transformative era where privacy and scientific progress are mutually reinforced.
“By Offering, the solution segment accounts for a larger market share.”
SMPC solutions are designed to enable multiple parties to collaboratively perform computations on their data while ensuring that their individual inputs remain private. These solutions are particularly beneficial in key management and computation contexts. Sectors such as finance, healthcare, and government are leading the adoption of SMPC solutions. Financial institutions use SMPC solutions for secure data sharing and fraud detection, healthcare organizations leverage it for confidential medical research and patient data protection, and government agencies utilize it for secure collaboration and data analysis.
Breakdown of primaries
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 – 35%, Tier 2 – 25%, and Tier 3 – 40%
- By Designation: C-level Executives– 46% , Directors – 32%, and Managers – 22%
- By Region: North America – 45%, Europe – 19%, Asia Pacific – 22%, Rest of the World – 14%,
The study includes an in-depth competitive analysis of the key players in the secure multiparty computation market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the secure multiparty computation market and forecasts its size by Offering (Solutions and Services), Deployment Mode (Cloud and On-Premises), Vertical (BFSI, IT and ITeS, Government, Healthcare, Retail and Ecommerce), and Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa).
The study also includes an in-depth competitive analysis of the market’s key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
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 secure multiparty computation market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Demand for private key security with SMPC and data privacy regulations compliance), restraints (Increased computational time and high Communication Costs Involved in Key Decentralization), opportunities (Adoption of ai and ML and integration with cloud computing platforms), and challenges (Limited industry awareness and lack of skilled professionals in SMPC technology)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the secure multiparty computation market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the secure multiparty computation market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the secure multiparty computation market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the secure multiparty computation market strategies, including Microsoft (US), IBM (US), Google (US), Fireblocks (US), and Blockdaemon (US).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2020–2023
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 SECURE MULTIPARTY COMPUTATION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 MARKET BREAKUP AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
2.3.1 REVENUE ESTIMATES
FIGURE 2 APPROACH 1 (SUPPLY SIDE): REVENUE OF SMPC VENDORS FROM SOLUTIONS/SERVICES
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1, SUPPLY-SIDE ANALYSIS
FIGURE 4 APPROACH 2, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS AND SERVICES OF SMPC VENDORS
2.3.2 DEMAND-SIDE ANALYSIS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 3, TOP-DOWN (DEMAND SIDE)
2.4 MARKET FORECAST
TABLE 2 SECURE MULTIPARTY COMPUTATION MARKET: FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS AND RISK ASSESSMENT
2.7 RECESSION IMPACT ANALYSIS
3 EXECUTIVE SUMMARY
TABLE 3 SECURE MULTIPARTY COMPUTATION MARKET AND GROWTH RATE, 2018–2023 (USD MILLION, Y-O-Y %)
TABLE 4 SECURE MULTIPARTY COMPUTATION MARKET AND GROWTH RATE, 2024–2029 (USD MILLION, Y-O-Y %)
FIGURE 6 GLOBAL SECURE MULTIPARTY COMPUTATION MARKET SIZE AND Y-O-Y GROWTH RATE
FIGURE 7 SEGMENTS WITH HIGH GROWTH RATES DURING FORECAST PERIOD
FIGURE 8 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE IN 2024
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SECURE MULTIPARTY COMPUTATION MARKET
FIGURE 9 RISE IN DATA BREACH TO DRIVE DEMAND FOR SECURE COMPUTATION
4.2 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024
FIGURE 10 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
4.3 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024
FIGURE 11 CLOUD SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
4.4 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL AND REGION
FIGURE 12 HEALTHCARE VERTICAL AND NORTH AMERICA TO ACCOUNT FOR SIGNIFICANT SHARES IN 2024
4.5 MARKET INVESTMENT SCENARIO
FIGURE 13 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS DURING FORECAST PERIOD
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: SECURE MULTIPARTY COMPUTATION MARKET
5.2.1 DRIVERS
5.2.1.1 Demand for private key security with SMPC
5.2.1.2 Data privacy regulations compliance
5.2.2 RESTRAINTS
5.2.2.1 Increased computational time
5.2.2.2 High communication costs involved in key decentralization (or distribution)
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of AI and ML
5.2.3.2 Integration with cloud computing platforms
5.2.4 CHALLENGES
5.2.4.1 Limited industry awareness
5.2.4.2 Lack of skilled professionals in SMPC technology
5.3 VALUE CHAIN ANALYSIS
FIGURE 15 SECURE MULTIPARTY COMPUTATION MARKET: VALUE CHAIN ANALYSIS
5.3.1 RESEARCH AND DEVELOPMENT
5.3.2 PLANNING AND DESIGNING
5.3.3 TESTING AND QUALITY ASSURANCE
5.3.4 SYSTEM INTEGRATION
5.3.5 DISTRIBUTORS/RESELLERS
5.3.6 END USERS
5.4 ECOSYSTEM
FIGURE 16 SECURE MULTIPARTY COMPUTATION MARKET: ECOSYSTEM
TABLE 5 SECURE MULTIPARTY COMPUTATION MARKET: ECOSYSTEM
5.5 PORTER’S FIVE FORCES ANALYSIS
FIGURE 17 PORTER’S FIVE FORCES ANALYSIS: SECURE MULTIPARTY COMPUTATION MARKET
TABLE 6 PORTER’S FIVE FORCES IMPACT ON SECURE MULTIPARTY COMPUTATION MARKET
5.5.1 THREAT OF NEW ENTRANTS
5.5.2 THREAT OF SUBSTITUTES
5.5.3 BARGAINING POWER OF SUPPLIERS
5.5.4 BARGAINING POWER OF BUYERS
5.5.5 INTENSITY OF COMPETITIVE RIVALRY
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND OF MARKET PLAYERS, BY SOLUTION
FIGURE 18 AVERAGE SELLING PRICE TREND OF MARKET PLAYERS, BY SOLUTION
TABLE 7 AVERAGE SELLING PRICE TREND OF MARKET PLAYERS, BY SOLUTION
5.6.2 INDICATIVE PRICING ANALYSIS, BY VENDOR
TABLE 8 PRICING MODEL OF GOOGLE CONFIDENTIAL COMPUTING
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Cryptography
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 Cloud Computing
5.7.2.2 AI and ML
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Blockchain
5.8 PATENT ANALYSIS
FIGURE 19 NUMBER OF PATENTS GRANTED FOR SECURE MULTIPARTY COMPUTATION MARKET, 2014–2024
FIGURE 20 REGIONAL ANALYSIS OF PATENTS GRANTED FOR SECURE MULTIPARTY COMPUTATION MARKET
5.8.1 LIST OF TOP PATENTS IN SECURE MULTIPARTY COMPUTATION MARKET, 2023–2024
5.9 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 21 REVENUE SHIFT FOR SECURE MULTIPARTY COMPUTATION MARKET VENDORS
5.10 KEY STAKEHOLDERS & BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
5.10.2 BUYING CRITERIA
FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
TABLE 10 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
5.11 REGULATORY LANDSCAPE
5.11.1 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPPA)
5.11.2 FEDERAL TRADE COMMISSION (FTC)
5.11.3 GRAMM-LEACH-BLILEY ACT (GLBA)
5.11.4 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12 KEY CONFERENCES & EVENTS IN 2024–2025
TABLE 15 SECURE MULTIPARTY COMPUTATION MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.13 BUSINESS MODEL ANALYSIS
TABLE 16 BUSINESS MODEL
5.14 INVESTMENT LANDSCAPE
FIGURE 24 LEADING GLOBAL SECURE MULTIPARTY COMPUTATION STARTUPS AND SMES, BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2023
6 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 25 SOLUTIONS TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
6.1.1 OFFERING: SECURE MULTIPARTY COMPUTATION MARKET DRIVERS
TABLE 17 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 18 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
6.2 SOLUTIONS
6.2.1 NEED FOR ENHANCED DATA PRIVACY AND SECURE COLLABORATION TO DRIVE SMPC ADOPTION
TABLE 19 SOLUTIONS: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 20 SOLUTIONS: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3 SERVICES
6.3.1 SERVICES TO FURNISH NECESSARY TOOLS AND RESOURCES FOR CONSTRUCTING CUSTOM SMPC SOLUTIONS
TABLE 21 SERVICES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 22 SERVICES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
7 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE
7.1 INTRODUCTION
FIGURE 26 CLOUD SEGMENT TO ACCOUNT FOR LARGEST MARKET BY 2029
7.1.1 DEPLOYMENT MODE: SECURE MULTIPARTY COMPUTATION MARKET DRIVERS
TABLE 23 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 24 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
7.2 CLOUD
7.2.1 CLOUD-BASED SMPC TO OFFER POWERFUL AND COST-EFFECTIVE SOLUTIONS FOR SECURE DATA COLLABORATION
TABLE 25 CLOUD: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 26 CLOUD: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3 ON-PREMISES
7.3.1 ON-PREMISE SMPC TO OFFER MORE CONTROL AND SECURITY FOR SPECIFIC USE CASES
TABLE 27 ON-PREMISES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 28 ON-PREMISES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL
8.1 INTRODUCTION
FIGURE 27 BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
8.1.1 VERTICAL: SECURE MULTIPARTY COMPUTATION MARKET DRIVERS
TABLE 29 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 30 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
8.2 BFSI
8.2.1 SMPC TECHNOLOGY TO ENHANCE BANKS' EXISTING PRACTICES FOR FRAUD DETECTION
TABLE 31 BFSI: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 32 BFSI: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 IT & ITES
8.3.1 SMPC TO EMPOWER ORGANIZATIONS TO PERFORM ANALYTICS SECURELY ON COMBINED DATASETS FROM MULTIPLE CLIENTS
TABLE 33 IT & ITES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 34 IT & ITES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.4 GOVERNMENT
8.4.1 SMPC TO BE USED IN GOVERNMENT POLICYMAKING BY ENABLING SECURE AND CONFIDENTIAL ANALYSIS OF SENSITIVE DATA
TABLE 35 GOVERNMENT: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 36 GOVERNMENT: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.5 HEALTHCARE
8.5.1 NEED FOR INTEGRATION IN HEALTHCARE VERTICAL TO DRIVE MARKET GROWTH
TABLE 37 HEALTHCARE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 38 HEALTHCARE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.6 RETAIL & E-COMMERCE
8.6.1 SMPC TO PROTECT CONSUMER PRIVACY WHILE PROMOTING INNOVATION IN TARGETED MARKETING CAMPAIGNS AND PRODUCT DEVELOPMENT
TABLE 39 RETAIL & E-COMMERCE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 40 RETAIL & E-COMMERCE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9 SECURE MULTIPARTY COMPUTATION MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 28 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 41 SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 42 SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA: MARKET DRIVERS
FIGURE 29 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET SNAPSHOT
TABLE 43 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 44 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 45 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 46 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 47 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 48 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.2.2 US
9.2.2.1 Presence of several SMPC providers in US to drive market
9.2.3 CANADA
9.2.3.1 Rising cyber threats to drive adoption of SMPC solutions in US
9.3 EUROPE
9.3.1 EUROPE: MARKET DRIVERS
TABLE 49 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 50 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 51 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 52 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 53 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 54 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.3.2 UK
9.3.2.1 Organizations recognizing importance of data privacy, security, and compliance to drive market growth
9.3.3 GERMANY
9.3.3.1 Increasing digitalization to fuel growth of secure computing technologies
9.3.4 ITALY
9.3.4.1 Various universities and companies focusing on SMPC research to drive market growth
9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC: MARKET DRIVERS
FIGURE 30 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET SNAPSHOT
TABLE 55 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 56 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 57 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 58 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 59 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 60 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.4.2 CHINA
9.4.2.1 Rapid digitalization of various industries to fuel market growth
9.4.3 JAPAN
9.4.3.1 Criticality of maintaining confidentiality of shared data to drive demand for SMPC solutions
9.4.4 INDIA
9.4.4.1 Advancements in cryptographic research and computational power to make SMPC more practical and efficient
9.4.5 REST OF ASIA PACIFIC
9.5 REST OF THE WORLD (ROW)
9.5.1 ROW: MARKET DRIVERS
TABLE 61 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 62 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 63 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 64 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 65 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 66 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 KEY PLAYER STRATEGIES/RIGHT TO WIN
10.2 BRAND COMPARISON
FIGURE 31 SECURE MULTIPARTY COMPUTATION MARKET: COMPARISON OF VENDORS’ BRANDS
10.3 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 32 SECURE MULTIPARTY COMPUTATION MARKET: COMPANY VALUATION AND FINANCIAL METRICS
10.4 REVENUE ANALYSIS
FIGURE 33 SEGMENTAL REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2020–2023 (USD MILLION)
10.5 MARKET SHARE ANALYSIS
FIGURE 34 SHARE OF LEADING COMPANIES IN SECURE MULTIPARTY COMPUTATION MARKET
TABLE 67 SECURE MULTIPARTY COMPUTATION MARKET: DEGREE OF COMPETITION
FIGURE 35 RANKING OF KEY PLAYERS
10.6 COMPANY EVALUATION MATRIX, 2023
10.6.1 STARS
10.6.2 EMERGING LEADERS
10.6.3 PERVASIVE PLAYERS
10.6.4 PARTICIPANTS
FIGURE 36 COMPANY EVALUATION MATRIX, 2023
10.6.5 COMPANY FOOTPRINT
10.6.5.1 Company footprint
FIGURE 37 SECURE MULTIPARTY COMPUTATION MARKET: COMPANY FOOTPRINT
10.6.5.2 Regional footprint
TABLE 68 SECURE MULTIPARTY COMPUTATION MARKET: REGIONAL FOOTPRINT
10.6.5.3 Offering footprint
TABLE 69 SECURE MULTIPARTY COMPUTATION MARKET: OFFERING FOOTPRINT
10.6.5.4 Deployment mode footprint
TABLE 70 SECURE MULTIPARTY COMPUTATION MARKET: DEPLOYMENT MODE FOOTPRINT
10.6.5.5 Vertical footprint
TABLE 71 SECURE MULTIPARTY COMPUTATION MARKET: VERTICAL FOOTPRINT
10.7 COMPETITIVE SCENARIO
10.7.1 PRODUCT LAUNCHES
TABLE 72 SECURE MULTIPARTY COMPUTATION MARKET: PRODUCT LAUNCHES, JANUARY 2021–MAY 2024
10.7.2 DEALS
TABLE 73 SECURE MULTIPARTY COMPUTATION MARKET: DEALS, JANUARY 2021–MAY 2024
11 COMPANY PROFILES
11.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
11.1.1 MICROSOFT
TABLE 74 MICROSOFT: COMPANY OVERVIEW
FIGURE 38 MICROSOFT: COMPANY SNAPSHOT
TABLE 75 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.2 IBM
TABLE 76 IBM: COMPANY OVERVIEW
FIGURE 39 IBM: COMPANY SNAPSHOT
TABLE 77 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.3 GOOGLE
TABLE 78 GOOGLE: COMPANY OVERVIEW
FIGURE 40 GOOGLE: COMPANY SNAPSHOT
TABLE 79 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 80 GOOGLE: PRODUCT LAUNCHES
11.1.4 FIREBLOCKS
TABLE 81 FIREBLOCKS: COMPANY OVERVIEW
TABLE 82 FIREBLOCKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.5 BLOCKDAEMON
TABLE 83 BLOCKDAEMON: COMPANY OVERVIEW
TABLE 84 BLOCKDAEMON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 85 BLOCKDAEMON: DEALS
11.1.6 QREDO
TABLE 86 QREDO: COMPANY OVERVIEW
TABLE 87 QREDO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 88 QREDO: DEALS
11.1.7 PENTA SECURITY
TABLE 89 PENTA SECURITY: COMPANY OVERVIEW
TABLE 90 PENTA SECURITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.8 ZENGO
TABLE 91 ZENGO: COMPANY OVERVIEW
TABLE 92 ZENGO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 93 ZENGO: DEALS
11.1.9 INPHER
TABLE 94 INPHER: BUSINESS OVERVIEW
TABLE 95 INPHER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.10 CYBAVO
TABLE 96 CYBAVO: COMPANY OVERVIEW
TABLE 97 CYBAVO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 98 CYBAVO: DEALS
11.1.11 LIMINAL CUSTODY
11.1.12 SPATIUM
11.1.13 SILENCE LABORATORIES
11.1.14 KRAYON DIGITAL
11.1.15 ATATO
11.1.16 WEB3AUTH
11.1.17 PARTISIA BLOCKCHAIN
11.1.18 OROCHI NETWORK
11.1.19 BINANCE
11.1.20 PYTE
11.1.21 ROSEMAN LABS
11.1.22 MPCVAULT
11.1.23 DUOKEY
11.1.24 LINKSIGHT
11.1.25 HYPERBC
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
12 ADJACENT MARKETS
12.1 INTRODUCTION
TABLE 99 ADJACENT MARKETS AND FORECASTS
12.2 LIMITATIONS
12.3 CONFIDENTIAL COMPUTING MARKET
TABLE 100 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION)
TABLE 101 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
TABLE 102 CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 103 CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)
12.4 QUANTUM CRYPTOGRAPHY MARKET
TABLE 104 QUANTUM CRYPTOGRAPHY MARKET, BY OFFERING, 2017–2022 (USD MILLION)
TABLE 105 QUANTUM CRYPTOGRAPHY MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 106 QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 107 QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023–2028 (USD MILLION)
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2020–2023
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 SECURE MULTIPARTY COMPUTATION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 MARKET BREAKUP AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
2.3.1 REVENUE ESTIMATES
FIGURE 2 APPROACH 1 (SUPPLY SIDE): REVENUE OF SMPC VENDORS FROM SOLUTIONS/SERVICES
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1, SUPPLY-SIDE ANALYSIS
FIGURE 4 APPROACH 2, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS AND SERVICES OF SMPC VENDORS
2.3.2 DEMAND-SIDE ANALYSIS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 3, TOP-DOWN (DEMAND SIDE)
2.4 MARKET FORECAST
TABLE 2 SECURE MULTIPARTY COMPUTATION MARKET: FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS AND RISK ASSESSMENT
2.7 RECESSION IMPACT ANALYSIS
3 EXECUTIVE SUMMARY
TABLE 3 SECURE MULTIPARTY COMPUTATION MARKET AND GROWTH RATE, 2018–2023 (USD MILLION, Y-O-Y %)
TABLE 4 SECURE MULTIPARTY COMPUTATION MARKET AND GROWTH RATE, 2024–2029 (USD MILLION, Y-O-Y %)
FIGURE 6 GLOBAL SECURE MULTIPARTY COMPUTATION MARKET SIZE AND Y-O-Y GROWTH RATE
FIGURE 7 SEGMENTS WITH HIGH GROWTH RATES DURING FORECAST PERIOD
FIGURE 8 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE IN 2024
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SECURE MULTIPARTY COMPUTATION MARKET
FIGURE 9 RISE IN DATA BREACH TO DRIVE DEMAND FOR SECURE COMPUTATION
4.2 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024
FIGURE 10 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
4.3 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024
FIGURE 11 CLOUD SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
4.4 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL AND REGION
FIGURE 12 HEALTHCARE VERTICAL AND NORTH AMERICA TO ACCOUNT FOR SIGNIFICANT SHARES IN 2024
4.5 MARKET INVESTMENT SCENARIO
FIGURE 13 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS DURING FORECAST PERIOD
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: SECURE MULTIPARTY COMPUTATION MARKET
5.2.1 DRIVERS
5.2.1.1 Demand for private key security with SMPC
5.2.1.2 Data privacy regulations compliance
5.2.2 RESTRAINTS
5.2.2.1 Increased computational time
5.2.2.2 High communication costs involved in key decentralization (or distribution)
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of AI and ML
5.2.3.2 Integration with cloud computing platforms
5.2.4 CHALLENGES
5.2.4.1 Limited industry awareness
5.2.4.2 Lack of skilled professionals in SMPC technology
5.3 VALUE CHAIN ANALYSIS
FIGURE 15 SECURE MULTIPARTY COMPUTATION MARKET: VALUE CHAIN ANALYSIS
5.3.1 RESEARCH AND DEVELOPMENT
5.3.2 PLANNING AND DESIGNING
5.3.3 TESTING AND QUALITY ASSURANCE
5.3.4 SYSTEM INTEGRATION
5.3.5 DISTRIBUTORS/RESELLERS
5.3.6 END USERS
5.4 ECOSYSTEM
FIGURE 16 SECURE MULTIPARTY COMPUTATION MARKET: ECOSYSTEM
TABLE 5 SECURE MULTIPARTY COMPUTATION MARKET: ECOSYSTEM
5.5 PORTER’S FIVE FORCES ANALYSIS
FIGURE 17 PORTER’S FIVE FORCES ANALYSIS: SECURE MULTIPARTY COMPUTATION MARKET
TABLE 6 PORTER’S FIVE FORCES IMPACT ON SECURE MULTIPARTY COMPUTATION MARKET
5.5.1 THREAT OF NEW ENTRANTS
5.5.2 THREAT OF SUBSTITUTES
5.5.3 BARGAINING POWER OF SUPPLIERS
5.5.4 BARGAINING POWER OF BUYERS
5.5.5 INTENSITY OF COMPETITIVE RIVALRY
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND OF MARKET PLAYERS, BY SOLUTION
FIGURE 18 AVERAGE SELLING PRICE TREND OF MARKET PLAYERS, BY SOLUTION
TABLE 7 AVERAGE SELLING PRICE TREND OF MARKET PLAYERS, BY SOLUTION
5.6.2 INDICATIVE PRICING ANALYSIS, BY VENDOR
TABLE 8 PRICING MODEL OF GOOGLE CONFIDENTIAL COMPUTING
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Cryptography
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 Cloud Computing
5.7.2.2 AI and ML
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Blockchain
5.8 PATENT ANALYSIS
FIGURE 19 NUMBER OF PATENTS GRANTED FOR SECURE MULTIPARTY COMPUTATION MARKET, 2014–2024
FIGURE 20 REGIONAL ANALYSIS OF PATENTS GRANTED FOR SECURE MULTIPARTY COMPUTATION MARKET
5.8.1 LIST OF TOP PATENTS IN SECURE MULTIPARTY COMPUTATION MARKET, 2023–2024
5.9 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 21 REVENUE SHIFT FOR SECURE MULTIPARTY COMPUTATION MARKET VENDORS
5.10 KEY STAKEHOLDERS & BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
5.10.2 BUYING CRITERIA
FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
TABLE 10 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
5.11 REGULATORY LANDSCAPE
5.11.1 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPPA)
5.11.2 FEDERAL TRADE COMMISSION (FTC)
5.11.3 GRAMM-LEACH-BLILEY ACT (GLBA)
5.11.4 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12 KEY CONFERENCES & EVENTS IN 2024–2025
TABLE 15 SECURE MULTIPARTY COMPUTATION MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.13 BUSINESS MODEL ANALYSIS
TABLE 16 BUSINESS MODEL
5.14 INVESTMENT LANDSCAPE
FIGURE 24 LEADING GLOBAL SECURE MULTIPARTY COMPUTATION STARTUPS AND SMES, BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2023
6 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 25 SOLUTIONS TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
6.1.1 OFFERING: SECURE MULTIPARTY COMPUTATION MARKET DRIVERS
TABLE 17 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 18 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
6.2 SOLUTIONS
6.2.1 NEED FOR ENHANCED DATA PRIVACY AND SECURE COLLABORATION TO DRIVE SMPC ADOPTION
TABLE 19 SOLUTIONS: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 20 SOLUTIONS: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3 SERVICES
6.3.1 SERVICES TO FURNISH NECESSARY TOOLS AND RESOURCES FOR CONSTRUCTING CUSTOM SMPC SOLUTIONS
TABLE 21 SERVICES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 22 SERVICES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
7 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE
7.1 INTRODUCTION
FIGURE 26 CLOUD SEGMENT TO ACCOUNT FOR LARGEST MARKET BY 2029
7.1.1 DEPLOYMENT MODE: SECURE MULTIPARTY COMPUTATION MARKET DRIVERS
TABLE 23 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 24 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
7.2 CLOUD
7.2.1 CLOUD-BASED SMPC TO OFFER POWERFUL AND COST-EFFECTIVE SOLUTIONS FOR SECURE DATA COLLABORATION
TABLE 25 CLOUD: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 26 CLOUD: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3 ON-PREMISES
7.3.1 ON-PREMISE SMPC TO OFFER MORE CONTROL AND SECURITY FOR SPECIFIC USE CASES
TABLE 27 ON-PREMISES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 28 ON-PREMISES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL
8.1 INTRODUCTION
FIGURE 27 BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
8.1.1 VERTICAL: SECURE MULTIPARTY COMPUTATION MARKET DRIVERS
TABLE 29 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 30 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
8.2 BFSI
8.2.1 SMPC TECHNOLOGY TO ENHANCE BANKS' EXISTING PRACTICES FOR FRAUD DETECTION
TABLE 31 BFSI: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 32 BFSI: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 IT & ITES
8.3.1 SMPC TO EMPOWER ORGANIZATIONS TO PERFORM ANALYTICS SECURELY ON COMBINED DATASETS FROM MULTIPLE CLIENTS
TABLE 33 IT & ITES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 34 IT & ITES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.4 GOVERNMENT
8.4.1 SMPC TO BE USED IN GOVERNMENT POLICYMAKING BY ENABLING SECURE AND CONFIDENTIAL ANALYSIS OF SENSITIVE DATA
TABLE 35 GOVERNMENT: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 36 GOVERNMENT: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.5 HEALTHCARE
8.5.1 NEED FOR INTEGRATION IN HEALTHCARE VERTICAL TO DRIVE MARKET GROWTH
TABLE 37 HEALTHCARE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 38 HEALTHCARE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.6 RETAIL & E-COMMERCE
8.6.1 SMPC TO PROTECT CONSUMER PRIVACY WHILE PROMOTING INNOVATION IN TARGETED MARKETING CAMPAIGNS AND PRODUCT DEVELOPMENT
TABLE 39 RETAIL & E-COMMERCE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 40 RETAIL & E-COMMERCE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9 SECURE MULTIPARTY COMPUTATION MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 28 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 41 SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 42 SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA: MARKET DRIVERS
FIGURE 29 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET SNAPSHOT
TABLE 43 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 44 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 45 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 46 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 47 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 48 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.2.2 US
9.2.2.1 Presence of several SMPC providers in US to drive market
9.2.3 CANADA
9.2.3.1 Rising cyber threats to drive adoption of SMPC solutions in US
9.3 EUROPE
9.3.1 EUROPE: MARKET DRIVERS
TABLE 49 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 50 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 51 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 52 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 53 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 54 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.3.2 UK
9.3.2.1 Organizations recognizing importance of data privacy, security, and compliance to drive market growth
9.3.3 GERMANY
9.3.3.1 Increasing digitalization to fuel growth of secure computing technologies
9.3.4 ITALY
9.3.4.1 Various universities and companies focusing on SMPC research to drive market growth
9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC: MARKET DRIVERS
FIGURE 30 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET SNAPSHOT
TABLE 55 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 56 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 57 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 58 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 59 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 60 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.4.2 CHINA
9.4.2.1 Rapid digitalization of various industries to fuel market growth
9.4.3 JAPAN
9.4.3.1 Criticality of maintaining confidentiality of shared data to drive demand for SMPC solutions
9.4.4 INDIA
9.4.4.1 Advancements in cryptographic research and computational power to make SMPC more practical and efficient
9.4.5 REST OF ASIA PACIFIC
9.5 REST OF THE WORLD (ROW)
9.5.1 ROW: MARKET DRIVERS
TABLE 61 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION)
TABLE 62 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 63 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)
TABLE 64 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 65 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
TABLE 66 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 KEY PLAYER STRATEGIES/RIGHT TO WIN
10.2 BRAND COMPARISON
FIGURE 31 SECURE MULTIPARTY COMPUTATION MARKET: COMPARISON OF VENDORS’ BRANDS
10.3 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 32 SECURE MULTIPARTY COMPUTATION MARKET: COMPANY VALUATION AND FINANCIAL METRICS
10.4 REVENUE ANALYSIS
FIGURE 33 SEGMENTAL REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2020–2023 (USD MILLION)
10.5 MARKET SHARE ANALYSIS
FIGURE 34 SHARE OF LEADING COMPANIES IN SECURE MULTIPARTY COMPUTATION MARKET
TABLE 67 SECURE MULTIPARTY COMPUTATION MARKET: DEGREE OF COMPETITION
FIGURE 35 RANKING OF KEY PLAYERS
10.6 COMPANY EVALUATION MATRIX, 2023
10.6.1 STARS
10.6.2 EMERGING LEADERS
10.6.3 PERVASIVE PLAYERS
10.6.4 PARTICIPANTS
FIGURE 36 COMPANY EVALUATION MATRIX, 2023
10.6.5 COMPANY FOOTPRINT
10.6.5.1 Company footprint
FIGURE 37 SECURE MULTIPARTY COMPUTATION MARKET: COMPANY FOOTPRINT
10.6.5.2 Regional footprint
TABLE 68 SECURE MULTIPARTY COMPUTATION MARKET: REGIONAL FOOTPRINT
10.6.5.3 Offering footprint
TABLE 69 SECURE MULTIPARTY COMPUTATION MARKET: OFFERING FOOTPRINT
10.6.5.4 Deployment mode footprint
TABLE 70 SECURE MULTIPARTY COMPUTATION MARKET: DEPLOYMENT MODE FOOTPRINT
10.6.5.5 Vertical footprint
TABLE 71 SECURE MULTIPARTY COMPUTATION MARKET: VERTICAL FOOTPRINT
10.7 COMPETITIVE SCENARIO
10.7.1 PRODUCT LAUNCHES
TABLE 72 SECURE MULTIPARTY COMPUTATION MARKET: PRODUCT LAUNCHES, JANUARY 2021–MAY 2024
10.7.2 DEALS
TABLE 73 SECURE MULTIPARTY COMPUTATION MARKET: DEALS, JANUARY 2021–MAY 2024
11 COMPANY PROFILES
11.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
11.1.1 MICROSOFT
TABLE 74 MICROSOFT: COMPANY OVERVIEW
FIGURE 38 MICROSOFT: COMPANY SNAPSHOT
TABLE 75 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.2 IBM
TABLE 76 IBM: COMPANY OVERVIEW
FIGURE 39 IBM: COMPANY SNAPSHOT
TABLE 77 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.3 GOOGLE
TABLE 78 GOOGLE: COMPANY OVERVIEW
FIGURE 40 GOOGLE: COMPANY SNAPSHOT
TABLE 79 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 80 GOOGLE: PRODUCT LAUNCHES
11.1.4 FIREBLOCKS
TABLE 81 FIREBLOCKS: COMPANY OVERVIEW
TABLE 82 FIREBLOCKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.5 BLOCKDAEMON
TABLE 83 BLOCKDAEMON: COMPANY OVERVIEW
TABLE 84 BLOCKDAEMON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 85 BLOCKDAEMON: DEALS
11.1.6 QREDO
TABLE 86 QREDO: COMPANY OVERVIEW
TABLE 87 QREDO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 88 QREDO: DEALS
11.1.7 PENTA SECURITY
TABLE 89 PENTA SECURITY: COMPANY OVERVIEW
TABLE 90 PENTA SECURITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.8 ZENGO
TABLE 91 ZENGO: COMPANY OVERVIEW
TABLE 92 ZENGO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 93 ZENGO: DEALS
11.1.9 INPHER
TABLE 94 INPHER: BUSINESS OVERVIEW
TABLE 95 INPHER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.10 CYBAVO
TABLE 96 CYBAVO: COMPANY OVERVIEW
TABLE 97 CYBAVO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 98 CYBAVO: DEALS
11.1.11 LIMINAL CUSTODY
11.1.12 SPATIUM
11.1.13 SILENCE LABORATORIES
11.1.14 KRAYON DIGITAL
11.1.15 ATATO
11.1.16 WEB3AUTH
11.1.17 PARTISIA BLOCKCHAIN
11.1.18 OROCHI NETWORK
11.1.19 BINANCE
11.1.20 PYTE
11.1.21 ROSEMAN LABS
11.1.22 MPCVAULT
11.1.23 DUOKEY
11.1.24 LINKSIGHT
11.1.25 HYPERBC
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
12 ADJACENT MARKETS
12.1 INTRODUCTION
TABLE 99 ADJACENT MARKETS AND FORECASTS
12.2 LIMITATIONS
12.3 CONFIDENTIAL COMPUTING MARKET
TABLE 100 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION)
TABLE 101 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
TABLE 102 CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 103 CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)
12.4 QUANTUM CRYPTOGRAPHY MARKET
TABLE 104 QUANTUM CRYPTOGRAPHY MARKET, BY OFFERING, 2017–2022 (USD MILLION)
TABLE 105 QUANTUM CRYPTOGRAPHY MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 106 QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 107 QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023–2028 (USD MILLION)
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
