North America Confidential Computing Market Size, Share & Trends Analysis Report By Component (Software, Hardware, and Services), By Application, By Deployment Mode, By Vertical, By Country and Growth Forecast, 2024 - 2031
North America Confidential Computing Market Size, Share & Trends Analysis Report By Component (Software, Hardware, and Services), By Application, By Deployment Mode, By Vertical, By Country and Growth Forecast, 2024 - 2031
The North America Confidential Computing Market would witness market growth of 54.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Confidential Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $58,653.2 million by 2031. The Canada market is experiencing a CAGR of 56.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 56.2% during (2024 - 2031).
Confidential computing is a cloud computing technology designed to protect data while it is being processed. Traditionally, data can be encrypted while at rest (in storage) and in transit (during transfer) but protecting it while in use has been a challenge.
Additionally, confidential computing addresses this using specialized hardware called Trusted Execution Environments (TEEs) to create a secure area within a processor. This ensures that data is encrypted and inaccessible to unauthorized entities, even during processing.
Across North America, the adoption of confidential computing is rising as businesses seek to mitigate security risks associated with the growing e-commerce industry. Customers in the region spend much more time shopping online since they want to spend less time in retail locations. According to the International Trade Association, Canadians have embraced internet shopping in the face of a significant disruption in retail channels. In 2022, eCommerce was utilized by more than 27 million Canadians, which accounted for more than 75% of the nation's population.
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.
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)
North America Confidential Computing Market Report Segmentation
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Confidential Computing Market, by Component
1.4.2 North America Confidential Computing Market, by Application
1.4.3 North America Confidential Computing Market, by Deployment Mode
1.4.4 North America Confidential Computing Market, by Vertical
1.4.5 North America Confidential Computing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Oct – 2024, Oct) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Confidential Computing Market by Component
5.1 North America Software Market by Country
5.2 North America Hardware Market by Country
5.3 North America Services Market by Country
Chapter 6. North America Confidential Computing Market by Application
6.1 North America Data Security Market by Country
6.2 North America Secure Enclaves Market by Country
6.3 North America Pellucidity Between Users Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Confidential Computing Market by Deployment Mode
7.1 North America Cloud Market by Country
7.2 North America On-premise Market by Country
Chapter 8. North America Confidential Computing Market by Vertical
8.1 North America BFSI Market by Country
8.2 North America Healthcare Market by Country
8.3 North America IT & Telecom Market by Country
8.4 North America Government & Defense Market by Country
8.5 North America Manufacturing Market by Country
8.6 North America Retail & Consumer Goods Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Confidential Computing Market by Country
9.1 US Confidential Computing Market
9.1.1 US Confidential Computing Market by Component
9.1.2 US Confidential Computing Market by Application
9.1.3 US Confidential Computing Market by Deployment Mode
9.1.4 US Confidential Computing Market by Vertical
9.2 Canada Confidential Computing Market
9.2.1 Canada Confidential Computing Market by Component
9.2.2 Canada Confidential Computing Market by Application
9.2.3 Canada Confidential Computing Market by Deployment Mode
9.2.4 Canada Confidential Computing Market by Vertical
9.3 Mexico Confidential Computing Market
9.3.1 Mexico Confidential Computing Market by Component
9.3.2 Mexico Confidential Computing Market by Application
9.3.3 Mexico Confidential Computing Market by Deployment Mode
9.3.4 Mexico Confidential Computing Market by Vertical
9.4 Rest of North America Confidential Computing Market
9.4.1 Rest of North America Confidential Computing Market by Component
9.4.2 Rest of North America Confidential Computing Market by Application
9.4.3 Rest of North America Confidential Computing Market by Deployment Mode
9.4.4 Rest of North America Confidential Computing Market by Vertical
Chapter 10. Company Profiles
10.1 Swisscom Ltd
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 SWOT Analysis
10.2 OVH Groupe S.A
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Arm Limited (SoftBank Group Corp.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Recent strategies and developments:
10.3.3.1 Product Launches and Product Expansions:
10.3.4 SWOT Analysis
10.4 Microsoft Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 IBM Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional & Segmental Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.5.3 Acquisition and Mergers:
10.5.6 SWOT Analysis
10.6 Google LLC (Alphabet Inc.)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental Analysis
10.7.4 SWOT Analysis
10.8 Intel Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.5.2 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 Advanced Micro Devices, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. Alibaba Cloud (Alibaba Group Holding Limited)