The Asia Pacific Confidential Computing Market is expected to witness market growth of 57.9% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 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 $16.08 billion by 2031. The Japan market is registering a CAGR of 56.9% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 58.9% during 2024-2031.
The primary driver for the growth of confidential computing is the rising need for enhanced data security due to increasing cyber threats and data breaches. Many industries, such as finance, healthcare, and government, are subject to strict regulatory requirements for data protection.
Moreover, by guaranteeing the protection of sensitive data throughout its lifecycle, including during processing, confidential computing assists in complying with these regulations. This is especially advantageous for sectors that handle sensitive information, including financial data and personally identifiable information (PII).
The Asia-Pacific region has been witnessing rapid growth in cloud adoption, driven by increased digital transformation initiatives, expanding internet penetration, and the rise of data-driven businesses. Organizations across various sectors, such as finance, healthcare, and retail, are increasingly migrating their operations to the cloud to enhance scalability, efficiency, and cost-effectiveness. According to the Asia Cloud Computing Association (ACCA), artificial intelligence (AI) is anticipated to play a big part in the impending transformation of the cloud sector.
The China market dominated the Asia Pacific 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 $16.08 billion by 2031. The Japan market is registering a CAGR of 56.9% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 58.9% during 2024-2031.
The primary driver for the growth of confidential computing is the rising need for enhanced data security due to increasing cyber threats and data breaches. Many industries, such as finance, healthcare, and government, are subject to strict regulatory requirements for data protection.
Moreover, by guaranteeing the protection of sensitive data throughout its lifecycle, including during processing, confidential computing assists in complying with these regulations. This is especially advantageous for sectors that handle sensitive information, including financial data and personally identifiable information (PII).
The Asia-Pacific region has been witnessing rapid growth in cloud adoption, driven by increased digital transformation initiatives, expanding internet penetration, and the rise of data-driven businesses. Organizations across various sectors, such as finance, healthcare, and retail, are increasingly migrating their operations to the cloud to enhance scalability, efficiency, and cost-effectiveness. According to the Asia Cloud Computing Association (ACCA), artificial intelligence (AI) is anticipated to play a big part in the impending transformation of the cloud sector.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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. Asia Pacific Confidential Computing Market by Component
Chapter 6. Asia Pacific Confidential Computing Market by Application
Chapter 7. Asia Pacific Confidential Computing Market by Deployment Mode
Chapter 8. Asia Pacific Confidential Computing Market by Vertical
Chapter 9. Asia Pacific Confidential Computing Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Asia Pacific 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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