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Global Homomorphic Encryption Market Research Report 2024

Global Homomorphic Encryption Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1705687

No of Pages : 77

Synopsis

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 Homomorphic Encryption market was valued at US$ 150.3 million in 2023 and is anticipated to reach US$ 530.3 million by 2030, witnessing 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.

This report aims to provide a comprehensive presentation of the global market for Homomorphic Encryption, 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.

Report Scope

The Homomorphic Encryption market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Homomorphic Encryption market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Homomorphic Encryption companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Company

  • Microsoft
  • IBM Corporation
  • Galois
  • CryptoExperts
  • Enveil
  • Duality Technologies
  • ShieldIO
  • Huawei

Segment by Type

  • Partially Homomorphism
  • Fully Homomorphism

Segment by Application

  • Government
  • Finance and Insurance
  • Health Care
  • Industry
  • Others

By Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Homomorphic Encryption companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

Index

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Homomorphic Encryption Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Partially Homomorphism
1.2.3 Fully Homomorphism
1.3 Market by Application
1.3.1 Global Homomorphic Encryption Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Government
1.3.3 Finance and Insurance
1.3.4 Health Care
1.3.5 Industry
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Homomorphic Encryption Market Perspective (2019-2030)
2.2 Homomorphic Encryption Growth Trends by Region
2.2.1 Global Homomorphic Encryption Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Homomorphic Encryption Historic Market Size by Region (2019-2024)
2.2.3 Homomorphic Encryption Forecasted Market Size by Region (2025-2030)
2.3 Homomorphic Encryption Market Dynamics
2.3.1 Homomorphic Encryption Industry Trends
2.3.2 Homomorphic Encryption Market Drivers
2.3.3 Homomorphic Encryption Market Challenges
2.3.4 Homomorphic Encryption Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Homomorphic Encryption Players by Revenue
3.1.1 Global Top Homomorphic Encryption Players by Revenue (2019-2024)
3.1.2 Global Homomorphic Encryption Revenue Market Share by Players (2019-2024)
3.2 Global Homomorphic Encryption Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Homomorphic Encryption Revenue
3.4 Global Homomorphic Encryption Market Concentration Ratio
3.4.1 Global Homomorphic Encryption Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Homomorphic Encryption Revenue in 2023
3.5 Homomorphic Encryption Key Players Head office and Area Served
3.6 Key Players Homomorphic Encryption Product Solution and Service
3.7 Date of Enter into Homomorphic Encryption Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Homomorphic Encryption Breakdown Data by Type
4.1 Global Homomorphic Encryption Historic Market Size by Type (2019-2024)
4.2 Global Homomorphic Encryption Forecasted Market Size by Type (2025-2030)
5 Homomorphic Encryption Breakdown Data by Application
5.1 Global Homomorphic Encryption Historic Market Size by Application (2019-2024)
5.2 Global Homomorphic Encryption Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Homomorphic Encryption Market Size (2019-2030)
6.2 North America Homomorphic Encryption Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Homomorphic Encryption Market Size by Country (2019-2024)
6.4 North America Homomorphic Encryption Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Homomorphic Encryption Market Size (2019-2030)
7.2 Europe Homomorphic Encryption Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Homomorphic Encryption Market Size by Country (2019-2024)
7.4 Europe Homomorphic Encryption Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Homomorphic Encryption Market Size (2019-2030)
8.2 Asia-Pacific Homomorphic Encryption Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Homomorphic Encryption Market Size by Region (2019-2024)
8.4 Asia-Pacific Homomorphic Encryption Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Homomorphic Encryption Market Size (2019-2030)
9.2 Latin America Homomorphic Encryption Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Homomorphic Encryption Market Size by Country (2019-2024)
9.4 Latin America Homomorphic Encryption Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Homomorphic Encryption Market Size (2019-2030)
10.2 Middle East & Africa Homomorphic Encryption Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Homomorphic Encryption Market Size by Country (2019-2024)
10.4 Middle East & Africa Homomorphic Encryption Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Microsoft
11.1.1 Microsoft Company Detail
11.1.2 Microsoft Business Overview
11.1.3 Microsoft Homomorphic Encryption Introduction
11.1.4 Microsoft Revenue in Homomorphic Encryption Business (2019-2024)
11.1.5 Microsoft Recent Development
11.2 IBM Corporation
11.2.1 IBM Corporation Company Detail
11.2.2 IBM Corporation Business Overview
11.2.3 IBM Corporation Homomorphic Encryption Introduction
11.2.4 IBM Corporation Revenue in Homomorphic Encryption Business (2019-2024)
11.2.5 IBM Corporation Recent Development
11.3 Galois
11.3.1 Galois Company Detail
11.3.2 Galois Business Overview
11.3.3 Galois Homomorphic Encryption Introduction
11.3.4 Galois Revenue in Homomorphic Encryption Business (2019-2024)
11.3.5 Galois Recent Development
11.4 CryptoExperts
11.4.1 CryptoExperts Company Detail
11.4.2 CryptoExperts Business Overview
11.4.3 CryptoExperts Homomorphic Encryption Introduction
11.4.4 CryptoExperts Revenue in Homomorphic Encryption Business (2019-2024)
11.4.5 CryptoExperts Recent Development
11.5 Enveil
11.5.1 Enveil Company Detail
11.5.2 Enveil Business Overview
11.5.3 Enveil Homomorphic Encryption Introduction
11.5.4 Enveil Revenue in Homomorphic Encryption Business (2019-2024)
11.5.5 Enveil Recent Development
11.6 Duality Technologies
11.6.1 Duality Technologies Company Detail
11.6.2 Duality Technologies Business Overview
11.6.3 Duality Technologies Homomorphic Encryption Introduction
11.6.4 Duality Technologies Revenue in Homomorphic Encryption Business (2019-2024)
11.6.5 Duality Technologies Recent Development
11.7 ShieldIO
11.7.1 ShieldIO Company Detail
11.7.2 ShieldIO Business Overview
11.7.3 ShieldIO Homomorphic Encryption Introduction
11.7.4 ShieldIO Revenue in Homomorphic Encryption Business (2019-2024)
11.7.5 ShieldIO Recent Development
11.8 Huawei
11.8.1 Huawei Company Detail
11.8.2 Huawei Business Overview
11.8.3 Huawei Homomorphic Encryption Introduction
11.8.4 Huawei Revenue in Homomorphic Encryption Business (2019-2024)
11.8.5 Huawei Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Published By : QY Research

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