North America Confidential Computing Market Size, Share & Industry Trends Analysis Report

North America Confidential Computing Market Size, Share & Industry Trends Analysis Report By Component (Software, Hardware, and Services), By Application, By Deployment Mode (Cloud and On-premise), By Vertical, By Country and Growth Forecast, 2023 - 2030

The North America Confidential Computing Market would witness market growth of 55.5% CAGR during the forecast period (2023-2030).

The cloud computing technique known as confidential computing protects sensitive data through a secure CPU enclave. The data and processing methods are concealed and unavailable to any other entity, including the cloud provider since only approved programming code can access the enclave. Cloud data privacy is more important as corporate leaders rely more on public and hybrid cloud services. Confidential computing's primary goal is to provide executives with more assurance about the security and confidentiality of their cloud-stored data.

This guarantee aims to motivate executives to move more of their sensitive data and computing workloads to public cloud services. In the current environment, data is pervasive and expanding exponentially. Nearly all enterprises use cloud technology to speed up their digital transformation efforts and manage the growing volume of cloud-based data. However, more than depending exclusively on cloud infrastructure is required to ensure the security and protection of sensitive data as the amount of data in the cloud increases.

The local eCommerce industry was valued at USD 19.7 billion in 2021, up 27% from 2020, the Mexican Online Sales Association reports. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. For ongoing product and service improvement and user-specific customization, trade firms and only online retailers both depend on consumer data collection. Massive amounts of data are often dispersed over several platforms, including websites, mobile applications, and payment gateways. This significant adoption of cloud computing in the retail industry and the volume of sensitive data present growth opportunities for confidential computing in North America as a confidential cloud environment offers a promising chance to enhance security and privacy in the e-commerce sector.

The US market dominated the North America Confidential Computing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $35,207.6 million by 2030. The Canada market is poised to grow at a CAGR of 59% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 57.6% during (2023 - 2030).

Based on Component, the market is segmented into Software, Hardware, and Services. Based on Application, the market is segmented into Data Security, Secure Enclaves, Pellucidity Between Users, and Others. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Vertical, the market is segmented into BFSI, Healthcare, IT & Telecom, Government & Defense, Manufacturing, Retail & Consumer Goods and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report 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. and Alibaba Cloud (Alibaba Group Holding Limited)

Scope of the Study

Market Segments covered in the Report:

By Component

• Software
• Hardware
• Services

By Application

• Data Security
• Secure Enclaves
• Pellucidity Between Users
• Others

By Deployment Mode

• Cloud
• On-premise

By Vertical

• BFSI
• Healthcare
• IT & Telecom
• Government & Defense
• Manufacturing
• Retail & Consumer Goods
• Others

By Country

• US
• Canada
• Mexico
• Rest of North America

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)

Unique Offerings from KBV Research

• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free