What is Confidential Computing Market?
Confidential computing is a security concept and technology that aims to protect data while it is being processed. It extends security to the data while it is being processed, ensuring that sensitive information remains encrypted and protected even from unauthorized access by the system administrators or other actors with access to the underlying infrastructure. This means that the data remains confidential and private, even in untrusted environments. By leveraging confidential computing, organizations can protect sensitive workloads, such as handling personally identifiable information (PII), financial data, or intellectual property. It can be particularly useful in scenarios where data needs to be processed in the cloud or in multi-tenant environments, where maintaining data confidentiality is crucial.
Highlights from Confidential Computing Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | IBM Corporation (United States), Microsoft Corporation (United States), Intel Corporation (United States), Google LLC (United States), Fortanix, Inc. (United States), Advanced Micro Devices, Inc. (United States), Edgeless Systems GmbH (Germany), Applied Blockchain, Ltd. (United Kingdom), Hub Security (Israel) and Opaque Systems (United States) |
Offering a comprehensive product portfolio that covers different aspects of confidential computing can be a competitive advantage. Major players have adopted various strategies such as product portfolio expansion, mergers and acquisitions, geographic expansion, agreements, and collaborations to increase their market share and strengthen their foothold in the industry. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Confidential Computing market throughout the forecasted period.
IBM Corporation (United States), Microsoft Corporation (United States), Intel Corporation (United States), Google LLC (United States), Fortanix, Inc. (United States), Advanced Micro Devices, Inc. (United States), Edgeless Systems GmbH (Germany), Applied Blockchain, Ltd. (United Kingdom), Hub Security (Israel) and Opaque Systems (United States) are some of the key players profiled in the study. Confidential Computing Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Data Security, Secure Enclaves and Others |
Deployment Mode | On-Premise,Cloud-Based |
End-User | BFSI,IT & Telecommunications,Healthcare & Life Science,Retail & Consumer Goods,Others |
Component | Hardware,Software,Services |
On the basis of geography, the market of Confidential Computing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise of Confidential AI and Analytics and Faster Adoption of Trusted Execution Environments (TEEs)
Market Growth Drivers:
Growing Data Privacy and Security Concerns and Increasing Number of Cyber Threats Are Drive Confidential Computing Market
Challenges:
Requires Specialized Knowledge and Skills to Implement and Maintain
Restraints:
High Cost Associated with Confidential Computing
Opportunities:
Increasing Remote Work Trends and Demand for Advancements in Confidential Computing Offer Growth Opportunities to the Market
Key Target Audience
Technology Vendors, Government Bodies, Potential Investors, Research and Development Institutes, Market Research & Consulting Firms, End Users and Others
Market Leaders & Development Strategies
In April 2023, Google and Intel collaborated on a new research project to identify potential security vulnerabilities in Intel's new confidential computing technology, Intel Trust Domain Extensions (Intel TDX). In addition to an expanded feature set, Intel TDX offers full VM compute models without requiring any code changes. and In March 2023, IBM Cloud partnered with Cloud Security Alliance (CSA), a not-for-profit organization for providing security assurance within cloud computing, which aims to further advance security and risk management in the cloud across financial services.
In May 2022, Intel Introduces Project Amber for Cloud-to-Edge and On-Premises Trust Assurance. It provides customers and partners with a foundation for private computer security, secure and ethical AI, and quantum-resistant encryption into the quantum future. and In October 2022, Google introduced confidential Space to help unlock the value of secure data collaboration. It enables organizations to perform tasks such as joint data analysis and ML model training with trust guarantees.
General Data Protection Regulation (GDPR) is a comprehensive data protection regulation established by the European Union (EU). It governs the protection and privacy of personal data for individuals within the EU. While the GDPR does not explicitly mention confidential computing, organizations must take these strict criteria into account when adopting confidential computing solutions since they set high standards for data protection, security, and privacy.