The Europe Confidential Computing Market is expected to witness market growth of 56.2% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Confidential Computing Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $13.88 billion by 2031. The UK market is exhibiting a CAGR of 55.2% during 2024-2031. Additionally, the France market would experience a CAGR of 57.4% during 2024-2031.
Data processing must occur in a safe, controlled environment if sensitive data is to be secured during its lifespan. In the upcoming years, organizations are anticipated to abandon conventional encryption methods and speed up the implementation of end-to-end confidentiality-ensuring solutions.
Additionally, the most rapid adoption rates will be observed in advanced AI and analytics, as well as usability and scalability solutions that are designed to accommodate a diverse array of use cases. Therefore, the market for confidential computing will expand.
The telecommunications sector in Europe has been expanding rapidly, driven by technological advancements like 5G, increased mobile internet usage, and growing demand for high-speed connectivity. This growth has led to a massive increase in the volume of data generated, transmitted, and processed by telecom companies across the region. Confidential computing safeguards sensitive data from unauthorized access and cyber threats by establishing a secure environment for its processing.
The Germany market dominated the Europe Confidential Computing Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $13.88 billion by 2031. The UK market is exhibiting a CAGR of 55.2% during 2024-2031. Additionally, the France market would experience a CAGR of 57.4% during 2024-2031.
Data processing must occur in a safe, controlled environment if sensitive data is to be secured during its lifespan. In the upcoming years, organizations are anticipated to abandon conventional encryption methods and speed up the implementation of end-to-end confidentiality-ensuring solutions.
Additionally, the most rapid adoption rates will be observed in advanced AI and analytics, as well as usability and scalability solutions that are designed to accommodate a diverse array of use cases. Therefore, the market for confidential computing will expand.
The telecommunications sector in Europe has been expanding rapidly, driven by technological advancements like 5G, increased mobile internet usage, and growing demand for high-speed connectivity. This growth has led to a massive increase in the volume of data generated, transmitted, and processed by telecom companies across the region. Confidential computing safeguards sensitive data from unauthorized access and cyber threats by establishing a secure environment for its processing.
List of Key Companies Profiled
- Swisscom Ltd.
- OVH Groupe S.A
- Arm Limited (SoftBank Group Corp.)
- Microsoft Corporation
- IBM Corporation
- Intel Corporation
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Advanced Micro Devices, Inc.
- Alibaba Cloud (Alibaba Group Holding Limited)
Market Report Segmentation
By Component- Software
- Hardware
- Services
- Data Security
- Secure Enclaves
- Pellucidity Between Users
- Others
- Cloud
- On-premise
- BFSI
- Healthcare
- IT & Telecom
- Government & Defense
- Manufacturing
- Retail & Consumer Goods
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Confidential Computing Market by Component
Chapter 6. Europe Confidential Computing Market by Application
Chapter 7. Europe Confidential Computing Market by Deployment Mode
Chapter 8. Europe Confidential Computing Market by Vertical
Chapter 9. Europe Confidential Computing Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Europe Confidential Computing Market include:- Swisscom Ltd.
- OVH Groupe S.A
- Arm Limited (SoftBank Group Corp.)
- Microsoft Corporation
- IBM Corporation
- Intel Corporation
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Advanced Micro Devices, Inc.
- Alibaba Cloud (Alibaba Group Holding Limited)
Methodology
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