Industry: Service & Software
Published Date: 2024-01-06
Pages: 94 Pages
Report ld: 2162775
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Homomorphic Encryption Market Size(US$)

CAGR 2024-2030
19.5%
Market Size,2030
USD 530.3
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Homomorphic Encryption (HE, homomorphic encryption) is a special encryption mode in cryptography. Homomorphic Encryption allows users to send the encrypted cipher text to any third party for calculation, and does not need to be decrypted before calculation. Calculate on the cipher text. Although the concept of homomorphic encryption first appeared 30 years ago, the first fully homomorphic encryption framework that supports arbitrary operations on cipher text appeared late, and was proposed by Craig Gentry in 2009.
Homomorphic Encryption is a form of encryption that allows an encrypted file to be calculated to generate an encrypted result that matches the result of the operation performed on the plaintext after decryption. The purpose of Homomorphic Encryption is to allow calculations on encrypted data.
The global market for Homomorphic Encryption was estimated to be worth US$ 150.3 million in 2023 and is forecast to a readjusted size of US$ 530.3 million by 2030 with a CAGR of 19.5% during the forecast period 2024-2030
The Homomorphic Encryption is mainly classified into the following types: Partially Homomorphism and Fully Homomorphism. And Fully Homomorphism is the most widely used type which took up about 92% of the global in 2019.
Homomorphic Encryption is mainly used in Government, Financial & Insurance, Health Care, Industrial and Others. And Financial & Insurance is the most widely used area which took up about 30% of the global in 2019.
North America is the largest countries of Homomorphic Encryption in the world in the past few years and it will keep increasing in the next few years. North America market took up about 68% the global market in 2019, while Europe and Asia-Pacific were about 15%, 12%.
Market barriers of Homomorphic Encryption are high, the main players are Microsoft, IBM, Galois and CryptoExperts, Enveil, Duality Technologies, ShieldIO, HUAWEI among those, IBM mastered the most advanced technology, Microsoft made great progress in the healthcare and biotechnology area; Galois got strong support from DARPA; CryptoExperts, Enveil, Duality Technologies, ShieldIO, HUAWEI are young start-up companies with a huge future, and now, they are cooperating to standardize homomorphic encryption.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Homomorphic Encryption, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Homomorphic Encryption by region & country, by Type, and by Application.
The Homomorphic Encryption market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Homomorphic Encryption.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Homomorphic Encryption manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Homomorphic Encryption in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Homomorphic Encryption in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
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TABLE OF CONTENTS
1 Market Overview
1.1 Homomorphic Encryption Product Introduction
1.2 Global Homomorphic Encryption Market Size Forecast
1.3 Homomorphic Encryption Market Trends & Drivers
1.3.1 Homomorphic Encryption Industry Trends
1.3.2 Homomorphic Encryption Market Drivers & Opportunity
1.3.3 Homomorphic Encryption Market Challenges
1.3.4 Homomorphic Encryption Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Homomorphic Encryption Players Revenue Ranking (2023)
2.2 Global Homomorphic Encryption Revenue by Company (2019-2024)
2.3 Key Companies Homomorphic Encryption Manufacturing Base Distribution and Headquarters
2.4 Key Companies Homomorphic Encryption Product Offered
2.5 Key Companies Time to Begin Mass Production of Homomorphic Encryption
2.6 Homomorphic Encryption Market Competitive Analysis
2.6.1 Homomorphic Encryption Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Homomorphic Encryption Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Homomorphic Encryption as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Partially Homomorphism
3.1.2 Fully Homomorphism
3.2 Global Homomorphic Encryption Sales Value by Type
3.2.1 Global Homomorphic Encryption Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Homomorphic Encryption Sales Value, by Type (2019-2030)
3.2.3 Global Homomorphic Encryption Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Government
4.1.2 Finance and Insurance
4.1.3 Health Care
4.1.4 Industry
4.1.5 Others
4.2 Global Homomorphic Encryption Sales Value by Application
4.2.1 Global Homomorphic Encryption Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Homomorphic Encryption Sales Value, by Application (2019-2030)
4.2.3 Global Homomorphic Encryption Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Homomorphic Encryption Sales Value by Region
5.1.1 Global Homomorphic Encryption Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Homomorphic Encryption Sales Value by Region (2019-2024)
5.1.3 Global Homomorphic Encryption Sales Value by Region (2025-2030)
5.1.4 Global Homomorphic Encryption Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Homomorphic Encryption Sales Value, 2019-2030
5.2.2 North America Homomorphic Encryption Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Homomorphic Encryption Sales Value, 2019-2030
5.3.2 Europe Homomorphic Encryption Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Homomorphic Encryption Sales Value, 2019-2030
5.4.2 Asia Pacific Homomorphic Encryption Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Homomorphic Encryption Sales Value, 2019-2030
5.5.2 South America Homomorphic Encryption Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Homomorphic Encryption Sales Value, 2019-2030
5.6.2 Middle East & Africa Homomorphic Encryption Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Homomorphic Encryption Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Homomorphic Encryption Sales Value
6.3 United States
6.3.1 United States Homomorphic Encryption Sales Value, 2019-2030
6.3.2 United States Homomorphic Encryption Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Homomorphic Encryption Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Homomorphic Encryption Sales Value, 2019-2030
6.4.2 Europe Homomorphic Encryption Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Homomorphic Encryption Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Homomorphic Encryption Sales Value, 2019-2030
6.5.2 China Homomorphic Encryption Sales Value by Type (%), 2023 VS 2030
6.5.3 China Homomorphic Encryption Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Homomorphic Encryption Sales Value, 2019-2030
6.6.2 Japan Homomorphic Encryption Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Homomorphic Encryption Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Homomorphic Encryption Sales Value, 2019-2030
6.7.2 South Korea Homomorphic Encryption Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Homomorphic Encryption Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Homomorphic Encryption Sales Value, 2019-2030
6.8.2 Southeast Asia Homomorphic Encryption Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Homomorphic Encryption Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Homomorphic Encryption Sales Value, 2019-2030
6.9.2 India Homomorphic Encryption Sales Value by Type (%), 2023 VS 2030
6.9.3 India Homomorphic Encryption Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Microsoft
7.1.1 Microsoft Profile
7.1.2 Microsoft Main Business
7.1.3 Microsoft Homomorphic Encryption Products, Services and Solutions
7.1.4 Microsoft Homomorphic Encryption Revenue (US$ Million) & (2019-2024)
7.1.5 Microsoft Recent Developments
7.2 IBM Corporation
7.2.1 IBM Corporation Profile
7.2.2 IBM Corporation Main Business
7.2.3 IBM Corporation Homomorphic Encryption Products, Services and Solutions
7.2.4 IBM Corporation Homomorphic Encryption Revenue (US$ Million) & (2019-2024)
7.2.5 IBM Corporation Recent Developments
7.3 Galois
7.3.1 Galois Profile
7.3.2 Galois Main Business
7.3.3 Galois Homomorphic Encryption Products, Services and Solutions
7.3.4 Galois Homomorphic Encryption Revenue (US$ Million) & (2019-2024)
7.3.5 CryptoExperts Recent Developments
7.4 CryptoExperts
7.4.1 CryptoExperts Profile
7.4.2 CryptoExperts Main Business
7.4.3 CryptoExperts Homomorphic Encryption Products, Services and Solutions
7.4.4 CryptoExperts Homomorphic Encryption Revenue (US$ Million) & (2019-2024)
7.4.5 CryptoExperts Recent Developments
7.5 Enveil
7.5.1 Enveil Profile
7.5.2 Enveil Main Business
7.5.3 Enveil Homomorphic Encryption Products, Services and Solutions
7.5.4 Enveil Homomorphic Encryption Revenue (US$ Million) & (2019-2024)
7.5.5 Enveil Recent Developments
7.6 Duality Technologies
7.6.1 Duality Technologies Profile
7.6.2 Duality Technologies Main Business
7.6.3 Duality Technologies Homomorphic Encryption Products, Services and Solutions
7.6.4 Duality Technologies Homomorphic Encryption Revenue (US$ Million) & (2019-2024)
7.6.5 Duality Technologies Recent Developments
7.7 ShieldIO
7.7.1 ShieldIO Profile
7.7.2 ShieldIO Main Business
7.7.3 ShieldIO Homomorphic Encryption Products, Services and Solutions
7.7.4 ShieldIO Homomorphic Encryption Revenue (US$ Million) & (2019-2024)
7.7.5 ShieldIO Recent Developments
7.8 Huawei
7.8.1 Huawei Profile
7.8.2 Huawei Main Business
7.8.3 Huawei Homomorphic Encryption Products, Services and Solutions
7.8.4 Huawei Homomorphic Encryption Revenue (US$ Million) & (2019-2024)
7.8.5 Huawei Recent Developments
8 Industry Chain Analysis
8.1 Homomorphic Encryption Industrial Chain
8.2 Homomorphic Encryption Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Homomorphic Encryption Sales Model
8.5.2 Sales Channel
8.5.3 Homomorphic Encryption Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Homomorphic Encryption (HE, homomorphic encryption) is a special encryption mode in cryptography. Homomorphic Encryption allows users to send the encrypted cipher text to any third party for calculation, and does not need to be decrypted before calculation. Calculate on the cipher text. Although the concept of homomorphic encryption first appeared 30 years ago, the first fully homomorphic encryption framework that supports arbitrary operations on cipher text appeared late, and was proposed by Craig Gentry in 2009.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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