The Latin America, Middle East and Africa Confidential Computing Market is expected to witness market growth of 62.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $4.22 billion by 2031. The Argentina market is showcasing a CAGR of 63.9% during 2024-2031. Additionally, the UAE market would register a CAGR of 62.2% during 2024-2031.
Organizations are fast discovering that multi-party collaborative analytics and AI are necessary for some of the most significant use cases for confidential computing. Safe and scalable analytics and machine learning are provided directly on encrypted data inside enclaves by multi-party confidential AI and analytics solutions, simplifying the use of personal data.
Moreover, businesses will use these technologies to hasten the migration of delicate workloads to secure cloud computing enclaves to evaluate the encrypted data while assuring that it is never exposed during computation. To execute collaborative analytics or machine learning on their collective data while guaranteeing that each party is only privy to the data and insights they are permitted to access, several data teams inside and across businesses will utilize these platforms.
As more businesses in the region embrace cloud computing and digital solutions, protecting sensitive information has become critical, particularly in finance, healthcare, and government sectors. The regulatory landscape is also evolving, with several countries in LAMEA implementing data protection laws to safeguard personal and business information, further driving the adoption of confidential computing as a key security measure.
The Brazil market dominated the LAMEA 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 $4.22 billion by 2031. The Argentina market is showcasing a CAGR of 63.9% during 2024-2031. Additionally, the UAE market would register a CAGR of 62.2% during 2024-2031.
Organizations are fast discovering that multi-party collaborative analytics and AI are necessary for some of the most significant use cases for confidential computing. Safe and scalable analytics and machine learning are provided directly on encrypted data inside enclaves by multi-party confidential AI and analytics solutions, simplifying the use of personal data.
Moreover, businesses will use these technologies to hasten the migration of delicate workloads to secure cloud computing enclaves to evaluate the encrypted data while assuring that it is never exposed during computation. To execute collaborative analytics or machine learning on their collective data while guaranteeing that each party is only privy to the data and insights they are permitted to access, several data teams inside and across businesses will utilize these platforms.
As more businesses in the region embrace cloud computing and digital solutions, protecting sensitive information has become critical, particularly in finance, healthcare, and government sectors. The regulatory landscape is also evolving, with several countries in LAMEA implementing data protection laws to safeguard personal and business information, further driving the adoption of confidential computing as a key security measure.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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. LAMEA Confidential Computing Market by Component
Chapter 6. LAMEA Confidential Computing Market by Application
Chapter 7. LAMEA Confidential Computing Market by Deployment Mode
Chapter 8. LAMEA Confidential Computing Market by Vertical
Chapter 9. LAMEA Confidential Computing Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this LAMEA 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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