조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년06월
Secure Multiparty Computation Market – Global Forecast To 2029
안전한 다자간 계산 (SMPC) 시장 : 제공 (솔루션 및 서비스), 배포 모드 (클라우드 및 온 프레미스), 산업 (BFSI, IT 및 ITeS, 정부, 건강 관리, 소매 및 전자 상거래) 및 지역별 – 2029년까지의 세계 예측
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
페이지 수 | 156 |
도표 수 | 147 |
가격 | |
Single User License | USD 4,950 |
Multi User License | USD 6,650 |
Corporate License | USD 8,150 |
Enterprise License | USD 10.000 |
구성 | 영문조사보고서 |
Report Overview
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.
세계의 안전한 다자간 계산(SMPC) 시장규모는 예측기간 동안 11.4%의 연평균 성장률(CAGR)로 2024년 8억 2,400만 달러에서 2029년까지 14억 1,200만 달러로 성장 예측되었습니다.
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:
• 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%,
Major vendors in the global secure multiparty computation market include Microsoft (US), IBM (US), Google (US), Fireblocks (US), Blockdaemon (US), Qredo (British Virgin Islands), Penta Security (South Korea), Zengo (Israel), Inpher (US), CYBAVO (Singapore), Liminal Custody (Singapore), Spatium (Singapore), Silence Laboratories (Singapore), Sharemind (Estonia), Atato (Singapore), Web3Auth (Singapore), Partisia Blockchain (Switzerland), Orochi Network (Singapore), Binance (Malta), Pyte (US), Roseman Labs (Netherlands), MPCVault (US), DuoKey (Switzerland), Linksight (Netherlands), HyperBC (Dubai) are the key players and other players in the secure multiparty computation market.
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).
Table of Contents
1 INTRODUCTION 17
1.1 STUDY OBJECTIVES 17
1.2 MARKET DEFINITION 17
1.2.1 INCLUSIONS AND EXCLUSIONS 18
1.3 STUDY SCOPE 18
1.3.1 MARKET SEGMENTATION 19
1.3.2 REGIONS COVERED 19
1.4 YEARS CONSIDERED 19
1.5 CURRENCY CONSIDERED 20
TABLE 1 USD EXCHANGE RATES, 2020–2023 20
1.6 STAKEHOLDERS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
FIGURE 1 SECURE MULTIPARTY COMPUTATION MARKET: RESEARCH DESIGN 21
2.1.1 SECONDARY DATA 22
2.1.2 PRIMARY DATA 22
2.1.2.1 Breakup of primary profiles 23
2.1.2.2 Key industry insights 23
2.2 MARKET BREAKUP AND DATA TRIANGULATION 24
2.3 MARKET SIZE ESTIMATION 25
2.3.1 REVENUE ESTIMATES 26
FIGURE 2 APPROACH 1 (SUPPLY SIDE): REVENUE OF SMPC VENDORS FROM SOLUTIONS/SERVICES 26
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1, SUPPLY-SIDE ANALYSIS 26
FIGURE 4 APPROACH 2, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS AND SERVICES OF SMPC VENDORS 27
2.3.2 DEMAND-SIDE ANALYSIS 27
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 3, TOP-DOWN (DEMAND SIDE) 27
2.4 MARKET FORECAST 28
TABLE 2 SECURE MULTIPARTY COMPUTATION MARKET: FACTOR ANALYSIS 28
2.5 RESEARCH ASSUMPTIONS 29
2.6 LIMITATIONS AND RISK ASSESSMENT 29
2.7 RECESSION IMPACT ANALYSIS 30
3 EXECUTIVE SUMMARY 31
TABLE 3 SECURE MULTIPARTY COMPUTATION MARKET AND GROWTH RATE, 2018–2023 (USD MILLION, Y-O-Y %) 31
TABLE 4 SECURE MULTIPARTY COMPUTATION MARKET AND GROWTH RATE, 2024–2029 (USD MILLION, Y-O-Y %) 32
FIGURE 6 GLOBAL SECURE MULTIPARTY COMPUTATION MARKET SIZE AND Y-O-Y GROWTH RATE 32
FIGURE 7 SEGMENTS WITH HIGH GROWTH RATES DURING FORECAST PERIOD 33
FIGURE 8 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE IN 2024 33
4 PREMIUM INSIGHTS 35
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SECURE MULTIPARTY COMPUTATION MARKET 35
FIGURE 9 RISE IN DATA BREACH TO DRIVE DEMAND FOR SECURE COMPUTATION 35
4.2 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024 35
FIGURE 10 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD 35
4.3 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024 36
FIGURE 11 CLOUD SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD 36
4.4 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL AND REGION 36
FIGURE 12 HEALTHCARE VERTICAL AND NORTH AMERICA TO ACCOUNT FOR SIGNIFICANT SHARES IN 2024 36
4.5 MARKET INVESTMENT SCENARIO 37
FIGURE 13 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS DURING FORECAST PERIOD 37
5 MARKET OVERVIEW AND INDUSTRY TRENDS 38
5.1 INTRODUCTION 38
5.2 MARKET DYNAMICS 38
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: SECURE MULTIPARTY COMPUTATION MARKET 38
5.2.1 DRIVERS 39
5.2.1.1 Demand for private key security with SMPC 39
5.2.1.2 Data privacy regulations compliance 39
5.2.2 RESTRAINTS 39
5.2.2.1 Increased computational time 39
5.2.2.2 High communication costs involved in key decentralization (or distribution) 40
5.2.3 OPPORTUNITIES 40
5.2.3.1 Adoption of AI and ML 40
5.2.3.2 Integration with cloud computing platforms 40
5.2.4 CHALLENGES 41
5.2.4.1 Limited industry awareness 41
5.2.4.2 Lack of skilled professionals in SMPC technology 41
5.3 VALUE CHAIN ANALYSIS 42
FIGURE 15 SECURE MULTIPARTY COMPUTATION MARKET: VALUE CHAIN ANALYSIS 42
5.3.1 RESEARCH AND DEVELOPMENT 42
5.3.2 PLANNING AND DESIGNING 42
5.3.3 TESTING AND QUALITY ASSURANCE 43
5.3.4 SYSTEM INTEGRATION 43
5.3.5 DISTRIBUTORS/RESELLERS 43
5.3.6 END USERS 43
5.4 ECOSYSTEM 43
FIGURE 16 SECURE MULTIPARTY COMPUTATION MARKET: ECOSYSTEM 43
TABLE 5 SECURE MULTIPARTY COMPUTATION MARKET: ECOSYSTEM 44
5.5 PORTER’S FIVE FORCES ANALYSIS 45
FIGURE 17 PORTER’S FIVE FORCES ANALYSIS: SECURE MULTIPARTY COMPUTATION MARKET 45
TABLE 6 PORTER’S FIVE FORCES IMPACT ON SECURE MULTIPARTY COMPUTATION MARKET 45
5.5.1 THREAT OF NEW ENTRANTS 46
5.5.2 THREAT OF SUBSTITUTES 46
5.5.3 BARGAINING POWER OF SUPPLIERS 46
5.5.4 BARGAINING POWER OF BUYERS 46
5.5.5 INTENSITY OF COMPETITIVE RIVALRY 46
5.6 PRICING ANALYSIS 47
5.6.1 AVERAGE SELLING PRICE TREND OF MARKET PLAYERS, BY SOLUTION 47
FIGURE 18 AVERAGE SELLING PRICE TREND OF MARKET PLAYERS, BY SOLUTION 47
TABLE 7 AVERAGE SELLING PRICE TREND OF MARKET PLAYERS, BY SOLUTION 48
5.6.2 INDICATIVE PRICING ANALYSIS, BY VENDOR 48
TABLE 8 PRICING MODEL OF GOOGLE CONFIDENTIAL COMPUTING 48
5.7 TECHNOLOGY ANALYSIS 48
5.7.1 KEY TECHNOLOGIES 48
5.7.1.1 Cryptography 48
5.7.2 COMPLEMENTARY TECHNOLOGIES 49
5.7.2.1 Cloud Computing 49
5.7.2.2 AI and ML 49
5.7.3 ADJACENT TECHNOLOGIES 49
5.7.3.1 Blockchain 49
5.8 PATENT ANALYSIS 50
FIGURE 19 NUMBER OF PATENTS GRANTED FOR SECURE MULTIPARTY COMPUTATION MARKET, 2014–2024 50
FIGURE 20 REGIONAL ANALYSIS OF PATENTS GRANTED FOR SECURE MULTIPARTY COMPUTATION MARKET 51
5.8.1 LIST OF TOP PATENTS IN SECURE MULTIPARTY COMPUTATION MARKET, 2023–2024 51
5.9 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 53
FIGURE 21 REVENUE SHIFT FOR SECURE MULTIPARTY COMPUTATION MARKET VENDORS 53
5.10 KEY STAKEHOLDERS & BUYING CRITERIA 53
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS 53
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 53
TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 54
5.10.2 BUYING CRITERIA 54
FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 54
TABLE 10 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 54
5.11 REGULATORY LANDSCAPE 54
5.11.1 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPPA) 55
5.11.2 FEDERAL TRADE COMMISSION (FTC) 55
5.11.3 GRAMM-LEACH-BLILEY ACT (GLBA) 55
5.11.4 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 56
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 56
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 56
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 57
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 57
5.12 KEY CONFERENCES & EVENTS IN 2024–2025 58
TABLE 15 SECURE MULTIPARTY COMPUTATION MARKET: DETAILED LIST OF CONFERENCES & EVENTS 58
5.13 BUSINESS MODEL ANALYSIS 58
TABLE 16 BUSINESS MODEL 58
5.14 INVESTMENT LANDSCAPE 59
FIGURE 24 LEADING GLOBAL SECURE MULTIPARTY COMPUTATION STARTUPS AND SMES, BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2023 59
6 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING 60
6.1 INTRODUCTION 61
FIGURE 25 SOLUTIONS TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 61
6.1.1 OFFERING: SECURE MULTIPARTY COMPUTATION MARKET DRIVERS 61
TABLE 17 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION) 61
TABLE 18 SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION) 62
6.2 SOLUTIONS 62
6.2.1 NEED FOR ENHANCED DATA PRIVACY AND SECURE COLLABORATION TO DRIVE SMPC ADOPTION 62
TABLE 19 SOLUTIONS: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 62
TABLE 20 SOLUTIONS: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 63
6.3 SERVICES 63
6.3.1 SERVICES TO FURNISH NECESSARY TOOLS AND RESOURCES FOR CONSTRUCTING CUSTOM SMPC SOLUTIONS 63
TABLE 21 SERVICES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 63
TABLE 22 SERVICES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 64
7 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE 65
7.1 INTRODUCTION 66
FIGURE 26 CLOUD SEGMENT TO ACCOUNT FOR LARGEST MARKET BY 2029 66
7.1.1 DEPLOYMENT MODE: SECURE MULTIPARTY COMPUTATION MARKET DRIVERS 66
TABLE 23 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION) 66
TABLE 24 SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 67
7.2 CLOUD 67
7.2.1 CLOUD-BASED SMPC TO OFFER POWERFUL AND COST-EFFECTIVE SOLUTIONS FOR SECURE DATA COLLABORATION 67
TABLE 25 CLOUD: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 67
TABLE 26 CLOUD: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 68
7.3 ON-PREMISES 68
7.3.1 ON-PREMISE SMPC TO OFFER MORE CONTROL AND SECURITY FOR SPECIFIC USE CASES 68
TABLE 27 ON-PREMISES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 68
TABLE 28 ON-PREMISES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 69
8 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL 70
8.1 INTRODUCTION 71
FIGURE 27 BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD 71
8.1.1 VERTICAL: SECURE MULTIPARTY COMPUTATION MARKET DRIVERS 71
TABLE 29 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 72
TABLE 30 SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 73
8.2 BFSI 73
8.2.1 SMPC TECHNOLOGY TO ENHANCE BANKS’ EXISTING PRACTICES FOR FRAUD DETECTION 73
TABLE 31 BFSI: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 73
TABLE 32 BFSI: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 74
8.3 IT & ITES 74
8.3.1 SMPC TO EMPOWER ORGANIZATIONS TO PERFORM ANALYTICS SECURELY ON COMBINED DATASETS FROM MULTIPLE CLIENTS 74
TABLE 33 IT & ITES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 74
TABLE 34 IT & ITES: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 75
8.4 GOVERNMENT 75
8.4.1 SMPC TO BE USED IN GOVERNMENT POLICYMAKING BY ENABLING SECURE AND CONFIDENTIAL ANALYSIS OF SENSITIVE DATA 75
TABLE 35 GOVERNMENT: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 75
TABLE 36 GOVERNMENT: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 76
8.5 HEALTHCARE 76
8.5.1 NEED FOR INTEGRATION IN HEALTHCARE VERTICAL TO DRIVE MARKET GROWTH 76
TABLE 37 HEALTHCARE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 76
TABLE 38 HEALTHCARE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 77
8.6 RETAIL & E-COMMERCE 77
8.6.1 SMPC TO PROTECT CONSUMER PRIVACY WHILE PROMOTING INNOVATION IN TARGETED MARKETING CAMPAIGNS AND PRODUCT DEVELOPMENT 77
TABLE 39 RETAIL & E-COMMERCE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 77
TABLE 40 RETAIL & E-COMMERCE: SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 78
9 SECURE MULTIPARTY COMPUTATION MARKET, BY REGION 79
9.1 INTRODUCTION 80
FIGURE 28 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 80
TABLE 41 SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2018–2023 (USD MILLION) 80
TABLE 42 SECURE MULTIPARTY COMPUTATION MARKET, BY REGION, 2024–2029 (USD MILLION) 81
9.2 NORTH AMERICA 81
9.2.1 NORTH AMERICA: MARKET DRIVERS 81
FIGURE 29 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET SNAPSHOT 82
TABLE 43 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION) 82
TABLE 44 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION) 83
TABLE 45 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION) 83
TABLE 46 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 83
TABLE 47 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 83
TABLE 48 NORTH AMERICA: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 84
9.2.2 US 84
9.2.2.1 Presence of several SMPC providers in US to drive market 84
9.2.3 CANADA 84
9.2.3.1 Rising cyber threats to drive adoption of SMPC solutions in US 84
9.3 EUROPE 85
9.3.1 EUROPE: MARKET DRIVERS 85
TABLE 49 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION) 85
TABLE 50 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION) 85
TABLE 51 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION) 86
TABLE 52 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 86
TABLE 53 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 86
TABLE 54 EUROPE: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 87
9.3.2 UK 87
9.3.2.1 Organizations recognizing importance of data privacy, security, and compliance to drive market growth 87
9.3.3 GERMANY 88
9.3.3.1 Increasing digitalization to fuel growth of secure computing technologies 88
9.3.4 ITALY 88
9.3.4.1 Various universities and companies focusing on SMPC research to drive market growth 88
9.3.5 REST OF EUROPE 88
9.4 ASIA PACIFIC 89
9.4.1 ASIA PACIFIC: MARKET DRIVERS 89
FIGURE 30 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET SNAPSHOT 90
TABLE 55 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION) 90
TABLE 56 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION) 91
TABLE 57 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION) 91
TABLE 58 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 91
TABLE 59 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 91
TABLE 60 ASIA PACIFIC: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 92
9.4.2 CHINA 92
9.4.2.1 Rapid digitalization of various industries to fuel market growth 92
9.4.3 JAPAN 92
9.4.3.1 Criticality of maintaining confidentiality of shared data to drive demand for SMPC solutions 92
9.4.4 INDIA 93
9.4.4.1 Advancements in cryptographic research and computational power to make SMPC more practical and efficient 93
9.4.5 REST OF ASIA PACIFIC 93
9.5 REST OF THE WORLD (ROW) 93
9.5.1 ROW: MARKET DRIVERS 94
TABLE 61 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2018–2023 (USD MILLION) 94
TABLE 62 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY OFFERING, 2024–2029 (USD MILLION) 94
TABLE 63 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION) 94
TABLE 64 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 95
TABLE 65 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 95
TABLE 66 ROW: SECURE MULTIPARTY COMPUTATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 95
10 COMPETITIVE LANDSCAPE 96
10.1 KEY PLAYER STRATEGIES/RIGHT TO WIN 96
10.2 BRAND COMPARISON 97
FIGURE 31 SECURE MULTIPARTY COMPUTATION MARKET: COMPARISON OF VENDORS’ BRANDS 97
10.3 COMPANY VALUATION AND FINANCIAL METRICS 98
FIGURE 32 SECURE MULTIPARTY COMPUTATION MARKET: COMPANY VALUATION AND FINANCIAL METRICS 98
10.4 REVENUE ANALYSIS 98
FIGURE 33 SEGMENTAL REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2020–2023 (USD MILLION) 99
10.5 MARKET SHARE ANALYSIS 99
FIGURE 34 SHARE OF LEADING COMPANIES IN SECURE MULTIPARTY COMPUTATION MARKET 99
TABLE 67 SECURE MULTIPARTY COMPUTATION MARKET: DEGREE OF COMPETITION 100
FIGURE 35 RANKING OF KEY PLAYERS 100
10.6 COMPANY EVALUATION MATRIX, 2023 101
10.6.1 STARS 101
10.6.2 EMERGING LEADERS 101
10.6.3 PERVASIVE PLAYERS 101
10.6.4 PARTICIPANTS 101
FIGURE 36 COMPANY EVALUATION MATRIX, 2023 102
10.6.5 COMPANY FOOTPRINT 103
10.6.5.1 Company footprint 103
FIGURE 37 SECURE MULTIPARTY COMPUTATION MARKET: COMPANY FOOTPRINT 103
10.6.5.2 Regional footprint 104
TABLE 68 SECURE MULTIPARTY COMPUTATION MARKET: REGIONAL FOOTPRINT 104
10.6.5.3 Offering footprint 105
TABLE 69 SECURE MULTIPARTY COMPUTATION MARKET: OFFERING FOOTPRINT 105
10.6.5.4 Deployment mode footprint 106
TABLE 70 SECURE MULTIPARTY COMPUTATION MARKET: DEPLOYMENT MODE FOOTPRINT 106
10.6.5.5 Vertical footprint 107
TABLE 71 SECURE MULTIPARTY COMPUTATION MARKET: VERTICAL FOOTPRINT 107
10.7 COMPETITIVE SCENARIO 108
10.7.1 PRODUCT LAUNCHES 108
TABLE 72 SECURE MULTIPARTY COMPUTATION MARKET: PRODUCT LAUNCHES, JANUARY 2021–MAY 2024 108
10.7.2 DEALS 108
TABLE 73 SECURE MULTIPARTY COMPUTATION MARKET: DEALS, JANUARY 2021–MAY 2024 108
11 COMPANY PROFILES 110
11.1 KEY PLAYERS 110
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
11.1.1 MICROSOFT 110
TABLE 74 MICROSOFT: COMPANY OVERVIEW 110
FIGURE 38 MICROSOFT: COMPANY SNAPSHOT 111
TABLE 75 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 111
11.1.2 IBM 113
TABLE 76 IBM: COMPANY OVERVIEW 113
FIGURE 39 IBM: COMPANY SNAPSHOT 114
TABLE 77 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 114
11.1.3 GOOGLE 116
TABLE 78 GOOGLE: COMPANY OVERVIEW 116
FIGURE 40 GOOGLE: COMPANY SNAPSHOT 117
TABLE 79 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 117
TABLE 80 GOOGLE: PRODUCT LAUNCHES 118
11.1.4 FIREBLOCKS 119
TABLE 81 FIREBLOCKS: COMPANY OVERVIEW 119
TABLE 82 FIREBLOCKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 119
11.1.5 BLOCKDAEMON 121
TABLE 83 BLOCKDAEMON: COMPANY OVERVIEW 121
TABLE 84 BLOCKDAEMON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 121
TABLE 85 BLOCKDAEMON: DEALS 122
11.1.6 QREDO 123
TABLE 86 QREDO: COMPANY OVERVIEW 123
TABLE 87 QREDO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 123
TABLE 88 QREDO: DEALS 124
11.1.7 PENTA SECURITY 125
TABLE 89 PENTA SECURITY: COMPANY OVERVIEW 125
TABLE 90 PENTA SECURITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 125
11.1.8 ZENGO 126
TABLE 91 ZENGO: COMPANY OVERVIEW 126
TABLE 92 ZENGO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 126
TABLE 93 ZENGO: DEALS 127
11.1.9 INPHER 128
TABLE 94 INPHER: BUSINESS OVERVIEW 128
TABLE 95 INPHER: PRODUCTS/SOLUTIONS/SERVICES OFFERED 128
11.1.10 CYBAVO 129
TABLE 96 CYBAVO: COMPANY OVERVIEW 129
TABLE 97 CYBAVO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 129
TABLE 98 CYBAVO: DEALS 130
11.1.11 LIMINAL CUSTODY 131
11.1.12 SPATIUM 132
11.1.13 SILENCE LABORATORIES 133
11.1.14 KRAYON DIGITAL 134
11.1.15 ATATO 135
11.1.16 WEB3AUTH 136
11.1.17 PARTISIA BLOCKCHAIN 137
11.1.18 OROCHI NETWORK 138
11.1.19 BINANCE 139
11.1.20 PYTE 140
11.1.21 ROSEMAN LABS 141
11.1.22 MPCVAULT 142
11.1.23 DUOKEY 142
11.1.24 LINKSIGHT 143
11.1.25 HYPERBC 143
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
12 ADJACENT MARKETS 144
12.1 INTRODUCTION 144
TABLE 99 ADJACENT MARKETS AND FORECASTS 144
12.2 LIMITATIONS 144
12.3 CONFIDENTIAL COMPUTING MARKET 145
TABLE 100 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 145
TABLE 101 CONFIDENTIAL COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 145
TABLE 102 CONFIDENTIAL COMPUTING MARKET, BY REGION, 2019–2022 (USD MILLION) 145
TABLE 103 CONFIDENTIAL COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION) 146
12.4 QUANTUM CRYPTOGRAPHY MARKET 146
TABLE 104 QUANTUM CRYPTOGRAPHY MARKET, BY OFFERING, 2017–2022 (USD MILLION) 146
TABLE 105 QUANTUM CRYPTOGRAPHY MARKET, BY OFFERING, 2023–2028 (USD MILLION) 146
TABLE 106 QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2017–2022 (USD MILLION) 147
TABLE 107 QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023–2028 (USD MILLION) 147
13 APPENDIX 148
13.1 DISCUSSION GUIDE 148
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 151
13.3 CUSTOMIZATION OPTIONS 153
13.4 RELATED REPORTS 153
13.5 AUTHOR DETAILS 154