Global Homomorphic Encryption Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Homomorphic Encryption Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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Published Date: 02 Jan 2024

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  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
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Description

According to our (Global Info Research) latest study, the global Homomorphic Encryption market size was valued at USD 154.7 million in 2023 and is forecast to a readjusted size of USD 512.3 million by 2030 with a CAGR of 18.7% during review period.

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 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.

The Global Info Research report includes an overview of the development of the Homomorphic Encryption industry chain, the market status of Government (Partially Homomorphism, Fully Homomorphism), Finance and Insurance (Partially Homomorphism, Fully Homomorphism), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Homomorphic Encryption.

Regionally, the report analyzes the Homomorphic Encryption markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Homomorphic Encryption market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Homomorphic Encryption market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Homomorphic Encryption industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Partially Homomorphism, Fully Homomorphism).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Homomorphic Encryption market.

Regional Analysis: The report involves examining the Homomorphic Encryption market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Homomorphic Encryption market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Homomorphic Encryption:
Company Analysis: Report covers individual Homomorphic Encryption players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Homomorphic Encryption This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Government, Finance and Insurance).

Technology Analysis: Report covers specific technologies relevant to Homomorphic Encryption. It assesses the current state, advancements, and potential future developments in Homomorphic Encryption areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Homomorphic Encryption market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
Homomorphic Encryption market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Partially Homomorphism
Fully Homomorphism

Market segment by Application
Government
Finance and Insurance
Health Care
Industry
Others

Market segment by players, this report covers
Microsoft
IBM Corporation
Galois
CryptoExperts
Enveil
Duality Technologies
ShieldIO
Huawei

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Homomorphic Encryption product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Homomorphic Encryption, with revenue, gross margin and global market share of Homomorphic Encryption from 2019 to 2024.
Chapter 3, the Homomorphic Encryption competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Homomorphic Encryption market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Homomorphic Encryption.
Chapter 13, to describe Homomorphic Encryption research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Homomorphic Encryption
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Homomorphic Encryption by Type
1.3.1 Overview: Global Homomorphic Encryption Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Homomorphic Encryption Consumption Value Market Share by Type in 2023
1.3.3 Partially Homomorphism
1.3.4 Fully Homomorphism
1.4 Global Homomorphic Encryption Market by Application
1.4.1 Overview: Global Homomorphic Encryption Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Government
1.4.3 Finance and Insurance
1.4.4 Health Care
1.4.5 Industry
1.4.6 Others
1.5 Global Homomorphic Encryption Market Size & Forecast
1.6 Global Homomorphic Encryption Market Size and Forecast by Region
1.6.1 Global Homomorphic Encryption Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Homomorphic Encryption Market Size by Region, (2019-2030)
1.6.3 North America Homomorphic Encryption Market Size and Prospect (2019-2030)
1.6.4 Europe Homomorphic Encryption Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Homomorphic Encryption Market Size and Prospect (2019-2030)
1.6.6 South America Homomorphic Encryption Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Homomorphic Encryption Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Microsoft
2.1.1 Microsoft Details
2.1.2 Microsoft Major Business
2.1.3 Microsoft Homomorphic Encryption Product and Solutions
2.1.4 Microsoft Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Microsoft Recent Developments and Future Plans
2.2 IBM Corporation
2.2.1 IBM Corporation Details
2.2.2 IBM Corporation Major Business
2.2.3 IBM Corporation Homomorphic Encryption Product and Solutions
2.2.4 IBM Corporation Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 IBM Corporation Recent Developments and Future Plans
2.3 Galois
2.3.1 Galois Details
2.3.2 Galois Major Business
2.3.3 Galois Homomorphic Encryption Product and Solutions
2.3.4 Galois Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Galois Recent Developments and Future Plans
2.4 CryptoExperts
2.4.1 CryptoExperts Details
2.4.2 CryptoExperts Major Business
2.4.3 CryptoExperts Homomorphic Encryption Product and Solutions
2.4.4 CryptoExperts Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 CryptoExperts Recent Developments and Future Plans
2.5 Enveil
2.5.1 Enveil Details
2.5.2 Enveil Major Business
2.5.3 Enveil Homomorphic Encryption Product and Solutions
2.5.4 Enveil Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Enveil Recent Developments and Future Plans
2.6 Duality Technologies
2.6.1 Duality Technologies Details
2.6.2 Duality Technologies Major Business
2.6.3 Duality Technologies Homomorphic Encryption Product and Solutions
2.6.4 Duality Technologies Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Duality Technologies Recent Developments and Future Plans
2.7 ShieldIO
2.7.1 ShieldIO Details
2.7.2 ShieldIO Major Business
2.7.3 ShieldIO Homomorphic Encryption Product and Solutions
2.7.4 ShieldIO Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 ShieldIO Recent Developments and Future Plans
2.8 Huawei
2.8.1 Huawei Details
2.8.2 Huawei Major Business
2.8.3 Huawei Homomorphic Encryption Product and Solutions
2.8.4 Huawei Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Huawei Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Homomorphic Encryption Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Homomorphic Encryption by Company Revenue
3.2.2 Top 3 Homomorphic Encryption Players Market Share in 2023
3.2.3 Top 6 Homomorphic Encryption Players Market Share in 2023
3.3 Homomorphic Encryption Market: Overall Company Footprint Analysis
3.3.1 Homomorphic Encryption Market: Region Footprint
3.3.2 Homomorphic Encryption Market: Company Product Type Footprint
3.3.3 Homomorphic Encryption Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Homomorphic Encryption Consumption Value and Market Share by Type (2019-2024)
4.2 Global Homomorphic Encryption Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global Homomorphic Encryption Consumption Value Market Share by Application (2019-2024)
5.2 Global Homomorphic Encryption Market Forecast by Application (2025-2030)

6 North America
6.1 North America Homomorphic Encryption Consumption Value by Type (2019-2030)
6.2 North America Homomorphic Encryption Consumption Value by Application (2019-2030)
6.3 North America Homomorphic Encryption Market Size by Country
6.3.1 North America Homomorphic Encryption Consumption Value by Country (2019-2030)
6.3.2 United States Homomorphic Encryption Market Size and Forecast (2019-2030)
6.3.3 Canada Homomorphic Encryption Market Size and Forecast (2019-2030)
6.3.4 Mexico Homomorphic Encryption Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe Homomorphic Encryption Consumption Value by Type (2019-2030)
7.2 Europe Homomorphic Encryption Consumption Value by Application (2019-2030)
7.3 Europe Homomorphic Encryption Market Size by Country
7.3.1 Europe Homomorphic Encryption Consumption Value by Country (2019-2030)
7.3.2 Germany Homomorphic Encryption Market Size and Forecast (2019-2030)
7.3.3 France Homomorphic Encryption Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Homomorphic Encryption Market Size and Forecast (2019-2030)
7.3.5 Russia Homomorphic Encryption Market Size and Forecast (2019-2030)
7.3.6 Italy Homomorphic Encryption Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific Homomorphic Encryption Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Homomorphic Encryption Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Homomorphic Encryption Market Size by Region
8.3.1 Asia-Pacific Homomorphic Encryption Consumption Value by Region (2019-2030)
8.3.2 China Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.3 Japan Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.4 South Korea Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.5 India Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.7 Australia Homomorphic Encryption Market Size and Forecast (2019-2030)

9 South America
9.1 South America Homomorphic Encryption Consumption Value by Type (2019-2030)
9.2 South America Homomorphic Encryption Consumption Value by Application (2019-2030)
9.3 South America Homomorphic Encryption Market Size by Country
9.3.1 South America Homomorphic Encryption Consumption Value by Country (2019-2030)
9.3.2 Brazil Homomorphic Encryption Market Size and Forecast (2019-2030)
9.3.3 Argentina Homomorphic Encryption Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa Homomorphic Encryption Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Homomorphic Encryption Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Homomorphic Encryption Market Size by Country
10.3.1 Middle East & Africa Homomorphic Encryption Consumption Value by Country (2019-2030)
10.3.2 Turkey Homomorphic Encryption Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Homomorphic Encryption Market Size and Forecast (2019-2030)
10.3.4 UAE Homomorphic Encryption Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 Homomorphic Encryption Market Drivers
11.2 Homomorphic Encryption Market Restraints
11.3 Homomorphic Encryption Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Homomorphic Encryption Industry Chain
12.2 Homomorphic Encryption Upstream Analysis
12.3 Homomorphic Encryption Midstream Analysis
12.4 Homomorphic Encryption Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Homomorphic Encryption Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Homomorphic Encryption Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Homomorphic Encryption Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Homomorphic Encryption Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Microsoft Company Information, Head Office, and Major Competitors
Table 6. Microsoft Major Business
Table 7. Microsoft Homomorphic Encryption Product and Solutions
Table 8. Microsoft Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Microsoft Recent Developments and Future Plans
Table 10. IBM Corporation Company Information, Head Office, and Major Competitors
Table 11. IBM Corporation Major Business
Table 12. IBM Corporation Homomorphic Encryption Product and Solutions
Table 13. IBM Corporation Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. IBM Corporation Recent Developments and Future Plans
Table 15. Galois Company Information, Head Office, and Major Competitors
Table 16. Galois Major Business
Table 17. Galois Homomorphic Encryption Product and Solutions
Table 18. Galois Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. Galois Recent Developments and Future Plans
Table 20. CryptoExperts Company Information, Head Office, and Major Competitors
Table 21. CryptoExperts Major Business
Table 22. CryptoExperts Homomorphic Encryption Product and Solutions
Table 23. CryptoExperts Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 24. CryptoExperts Recent Developments and Future Plans
Table 25. Enveil Company Information, Head Office, and Major Competitors
Table 26. Enveil Major Business
Table 27. Enveil Homomorphic Encryption Product and Solutions
Table 28. Enveil Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 29. Enveil Recent Developments and Future Plans
Table 30. Duality Technologies Company Information, Head Office, and Major Competitors
Table 31. Duality Technologies Major Business
Table 32. Duality Technologies Homomorphic Encryption Product and Solutions
Table 33. Duality Technologies Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 34. Duality Technologies Recent Developments and Future Plans
Table 35. ShieldIO Company Information, Head Office, and Major Competitors
Table 36. ShieldIO Major Business
Table 37. ShieldIO Homomorphic Encryption Product and Solutions
Table 38. ShieldIO Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 39. ShieldIO Recent Developments and Future Plans
Table 40. Huawei Company Information, Head Office, and Major Competitors
Table 41. Huawei Major Business
Table 42. Huawei Homomorphic Encryption Product and Solutions
Table 43. Huawei Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 44. Huawei Recent Developments and Future Plans
Table 45. Global Homomorphic Encryption Revenue (USD Million) by Players (2019-2024)
Table 46. Global Homomorphic Encryption Revenue Share by Players (2019-2024)
Table 47. Breakdown of Homomorphic Encryption by Company Type (Tier 1, Tier 2, and Tier 3)
Table 48. Market Position of Players in Homomorphic Encryption, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 49. Head Office of Key Homomorphic Encryption Players
Table 50. Homomorphic Encryption Market: Company Product Type Footprint
Table 51. Homomorphic Encryption Market: Company Product Application Footprint
Table 52. Homomorphic Encryption New Market Entrants and Barriers to Market Entry
Table 53. Homomorphic Encryption Mergers, Acquisition, Agreements, and Collaborations
Table 54. Global Homomorphic Encryption Consumption Value (USD Million) by Type (2019-2024)
Table 55. Global Homomorphic Encryption Consumption Value Share by Type (2019-2024)
Table 56. Global Homomorphic Encryption Consumption Value Forecast by Type (2025-2030)
Table 57. Global Homomorphic Encryption Consumption Value by Application (2019-2024)
Table 58. Global Homomorphic Encryption Consumption Value Forecast by Application (2025-2030)
Table 59. North America Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 60. North America Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 61. North America Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 62. North America Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 63. North America Homomorphic Encryption Consumption Value by Country (2019-2024) & (USD Million)
Table 64. North America Homomorphic Encryption Consumption Value by Country (2025-2030) & (USD Million)
Table 65. Europe Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 66. Europe Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 67. Europe Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 68. Europe Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 69. Europe Homomorphic Encryption Consumption Value by Country (2019-2024) & (USD Million)
Table 70. Europe Homomorphic Encryption Consumption Value by Country (2025-2030) & (USD Million)
Table 71. Asia-Pacific Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 72. Asia-Pacific Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 73. Asia-Pacific Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 74. Asia-Pacific Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 75. Asia-Pacific Homomorphic Encryption Consumption Value by Region (2019-2024) & (USD Million)
Table 76. Asia-Pacific Homomorphic Encryption Consumption Value by Region (2025-2030) & (USD Million)
Table 77. South America Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 78. South America Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 79. South America Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 80. South America Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 81. South America Homomorphic Encryption Consumption Value by Country (2019-2024) & (USD Million)
Table 82. South America Homomorphic Encryption Consumption Value by Country (2025-2030) & (USD Million)
Table 83. Middle East & Africa Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 84. Middle East & Africa Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 85. Middle East & Africa Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 86. Middle East & Africa Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 87. Middle East & Africa Homomorphic Encryption Consumption Value by Country (2019-2024) & (USD Million)
Table 88. Middle East & Africa Homomorphic Encryption Consumption Value by Country (2025-2030) & (USD Million)
Table 89. Homomorphic Encryption Raw Material
Table 90. Key Suppliers of Homomorphic Encryption Raw Materials
List of Figures
Figure 1. Homomorphic Encryption Picture
Figure 2. Global Homomorphic Encryption Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Homomorphic Encryption Consumption Value Market Share by Type in 2023
Figure 4. Partially Homomorphism
Figure 5. Fully Homomorphism
Figure 6. Global Homomorphic Encryption Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 7. Homomorphic Encryption Consumption Value Market Share by Application in 2023
Figure 8. Government Picture
Figure 9. Finance and Insurance Picture
Figure 10. Health Care Picture
Figure 11. Industry Picture
Figure 12. Others Picture
Figure 13. Global Homomorphic Encryption Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 14. Global Homomorphic Encryption Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 15. Global Market Homomorphic Encryption Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 16. Global Homomorphic Encryption Consumption Value Market Share by Region (2019-2030)
Figure 17. Global Homomorphic Encryption Consumption Value Market Share by Region in 2023
Figure 18. North America Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 20. Asia-Pacific Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 21. South America Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 22. Middle East and Africa Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 23. Global Homomorphic Encryption Revenue Share by Players in 2023
Figure 24. Homomorphic Encryption Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 25. Global Top 3 Players Homomorphic Encryption Market Share in 2023
Figure 26. Global Top 6 Players Homomorphic Encryption Market Share in 2023
Figure 27. Global Homomorphic Encryption Consumption Value Share by Type (2019-2024)
Figure 28. Global Homomorphic Encryption Market Share Forecast by Type (2025-2030)
Figure 29. Global Homomorphic Encryption Consumption Value Share by Application (2019-2024)
Figure 30. Global Homomorphic Encryption Market Share Forecast by Application (2025-2030)
Figure 31. North America Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 32. North America Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 33. North America Homomorphic Encryption Consumption Value Market Share by Country (2019-2030)
Figure 34. United States Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 35. Canada Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 36. Mexico Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 37. Europe Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 38. Europe Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 39. Europe Homomorphic Encryption Consumption Value Market Share by Country (2019-2030)
Figure 40. Germany Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 41. France Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 42. United Kingdom Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 43. Russia Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 44. Italy Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 45. Asia-Pacific Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 46. Asia-Pacific Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 47. Asia-Pacific Homomorphic Encryption Consumption Value Market Share by Region (2019-2030)
Figure 48. China Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 49. Japan Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 50. South Korea Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 51. India Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 52. Southeast Asia Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 53. Australia Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 54. South America Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 55. South America Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 56. South America Homomorphic Encryption Consumption Value Market Share by Country (2019-2030)
Figure 57. Brazil Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 58. Argentina Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 59. Middle East and Africa Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 60. Middle East and Africa Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 61. Middle East and Africa Homomorphic Encryption Consumption Value Market Share by Country (2019-2030)
Figure 62. Turkey Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 63. Saudi Arabia Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 64. UAE Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 65. Homomorphic Encryption Market Drivers
Figure 66. Homomorphic Encryption Market Restraints
Figure 67. Homomorphic Encryption Market Trends
Figure 68. Porters Five Forces Analysis
Figure 69. Manufacturing Cost Structure Analysis of Homomorphic Encryption in 2023
Figure 70. Manufacturing Process Analysis of Homomorphic Encryption
Figure 71. Homomorphic Encryption Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

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Collection of data

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Companies Mentioned

Microsoft
IBM Corporation
Galois
CryptoExperts
Enveil
Duality Technologies
ShieldIO
Huawei
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Global Homomorphic Encryption Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Homomorphic Encryption Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Page: 97

Published Date: 02 Jan 2024

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Description

According to our (Global Info Research) latest study, the global Homomorphic Encryption market size was valued at USD 154.7 million in 2023 and is forecast to a readjusted size of USD 512.3 million by 2030 with a CAGR of 18.7% during review period.

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 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.

The Global Info Research report includes an overview of the development of the Homomorphic Encryption industry chain, the market status of Government (Partially Homomorphism, Fully Homomorphism), Finance and Insurance (Partially Homomorphism, Fully Homomorphism), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Homomorphic Encryption.

Regionally, the report analyzes the Homomorphic Encryption markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Homomorphic Encryption market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Homomorphic Encryption market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Homomorphic Encryption industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Partially Homomorphism, Fully Homomorphism).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Homomorphic Encryption market.

Regional Analysis: The report involves examining the Homomorphic Encryption market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Homomorphic Encryption market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Homomorphic Encryption:
Company Analysis: Report covers individual Homomorphic Encryption players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Homomorphic Encryption This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Government, Finance and Insurance).

Technology Analysis: Report covers specific technologies relevant to Homomorphic Encryption. It assesses the current state, advancements, and potential future developments in Homomorphic Encryption areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Homomorphic Encryption market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
Homomorphic Encryption market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Partially Homomorphism
Fully Homomorphism

Market segment by Application
Government
Finance and Insurance
Health Care
Industry
Others

Market segment by players, this report covers
Microsoft
IBM Corporation
Galois
CryptoExperts
Enveil
Duality Technologies
ShieldIO
Huawei

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Homomorphic Encryption product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Homomorphic Encryption, with revenue, gross margin and global market share of Homomorphic Encryption from 2019 to 2024.
Chapter 3, the Homomorphic Encryption competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Homomorphic Encryption market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Homomorphic Encryption.
Chapter 13, to describe Homomorphic Encryption research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Homomorphic Encryption
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Homomorphic Encryption by Type
1.3.1 Overview: Global Homomorphic Encryption Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Homomorphic Encryption Consumption Value Market Share by Type in 2023
1.3.3 Partially Homomorphism
1.3.4 Fully Homomorphism
1.4 Global Homomorphic Encryption Market by Application
1.4.1 Overview: Global Homomorphic Encryption Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Government
1.4.3 Finance and Insurance
1.4.4 Health Care
1.4.5 Industry
1.4.6 Others
1.5 Global Homomorphic Encryption Market Size & Forecast
1.6 Global Homomorphic Encryption Market Size and Forecast by Region
1.6.1 Global Homomorphic Encryption Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Homomorphic Encryption Market Size by Region, (2019-2030)
1.6.3 North America Homomorphic Encryption Market Size and Prospect (2019-2030)
1.6.4 Europe Homomorphic Encryption Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Homomorphic Encryption Market Size and Prospect (2019-2030)
1.6.6 South America Homomorphic Encryption Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Homomorphic Encryption Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Microsoft
2.1.1 Microsoft Details
2.1.2 Microsoft Major Business
2.1.3 Microsoft Homomorphic Encryption Product and Solutions
2.1.4 Microsoft Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Microsoft Recent Developments and Future Plans
2.2 IBM Corporation
2.2.1 IBM Corporation Details
2.2.2 IBM Corporation Major Business
2.2.3 IBM Corporation Homomorphic Encryption Product and Solutions
2.2.4 IBM Corporation Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 IBM Corporation Recent Developments and Future Plans
2.3 Galois
2.3.1 Galois Details
2.3.2 Galois Major Business
2.3.3 Galois Homomorphic Encryption Product and Solutions
2.3.4 Galois Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Galois Recent Developments and Future Plans
2.4 CryptoExperts
2.4.1 CryptoExperts Details
2.4.2 CryptoExperts Major Business
2.4.3 CryptoExperts Homomorphic Encryption Product and Solutions
2.4.4 CryptoExperts Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 CryptoExperts Recent Developments and Future Plans
2.5 Enveil
2.5.1 Enveil Details
2.5.2 Enveil Major Business
2.5.3 Enveil Homomorphic Encryption Product and Solutions
2.5.4 Enveil Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Enveil Recent Developments and Future Plans
2.6 Duality Technologies
2.6.1 Duality Technologies Details
2.6.2 Duality Technologies Major Business
2.6.3 Duality Technologies Homomorphic Encryption Product and Solutions
2.6.4 Duality Technologies Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Duality Technologies Recent Developments and Future Plans
2.7 ShieldIO
2.7.1 ShieldIO Details
2.7.2 ShieldIO Major Business
2.7.3 ShieldIO Homomorphic Encryption Product and Solutions
2.7.4 ShieldIO Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 ShieldIO Recent Developments and Future Plans
2.8 Huawei
2.8.1 Huawei Details
2.8.2 Huawei Major Business
2.8.3 Huawei Homomorphic Encryption Product and Solutions
2.8.4 Huawei Homomorphic Encryption Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Huawei Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Homomorphic Encryption Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Homomorphic Encryption by Company Revenue
3.2.2 Top 3 Homomorphic Encryption Players Market Share in 2023
3.2.3 Top 6 Homomorphic Encryption Players Market Share in 2023
3.3 Homomorphic Encryption Market: Overall Company Footprint Analysis
3.3.1 Homomorphic Encryption Market: Region Footprint
3.3.2 Homomorphic Encryption Market: Company Product Type Footprint
3.3.3 Homomorphic Encryption Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Homomorphic Encryption Consumption Value and Market Share by Type (2019-2024)
4.2 Global Homomorphic Encryption Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global Homomorphic Encryption Consumption Value Market Share by Application (2019-2024)
5.2 Global Homomorphic Encryption Market Forecast by Application (2025-2030)

6 North America
6.1 North America Homomorphic Encryption Consumption Value by Type (2019-2030)
6.2 North America Homomorphic Encryption Consumption Value by Application (2019-2030)
6.3 North America Homomorphic Encryption Market Size by Country
6.3.1 North America Homomorphic Encryption Consumption Value by Country (2019-2030)
6.3.2 United States Homomorphic Encryption Market Size and Forecast (2019-2030)
6.3.3 Canada Homomorphic Encryption Market Size and Forecast (2019-2030)
6.3.4 Mexico Homomorphic Encryption Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe Homomorphic Encryption Consumption Value by Type (2019-2030)
7.2 Europe Homomorphic Encryption Consumption Value by Application (2019-2030)
7.3 Europe Homomorphic Encryption Market Size by Country
7.3.1 Europe Homomorphic Encryption Consumption Value by Country (2019-2030)
7.3.2 Germany Homomorphic Encryption Market Size and Forecast (2019-2030)
7.3.3 France Homomorphic Encryption Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Homomorphic Encryption Market Size and Forecast (2019-2030)
7.3.5 Russia Homomorphic Encryption Market Size and Forecast (2019-2030)
7.3.6 Italy Homomorphic Encryption Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific Homomorphic Encryption Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Homomorphic Encryption Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Homomorphic Encryption Market Size by Region
8.3.1 Asia-Pacific Homomorphic Encryption Consumption Value by Region (2019-2030)
8.3.2 China Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.3 Japan Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.4 South Korea Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.5 India Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Homomorphic Encryption Market Size and Forecast (2019-2030)
8.3.7 Australia Homomorphic Encryption Market Size and Forecast (2019-2030)

9 South America
9.1 South America Homomorphic Encryption Consumption Value by Type (2019-2030)
9.2 South America Homomorphic Encryption Consumption Value by Application (2019-2030)
9.3 South America Homomorphic Encryption Market Size by Country
9.3.1 South America Homomorphic Encryption Consumption Value by Country (2019-2030)
9.3.2 Brazil Homomorphic Encryption Market Size and Forecast (2019-2030)
9.3.3 Argentina Homomorphic Encryption Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa Homomorphic Encryption Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Homomorphic Encryption Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Homomorphic Encryption Market Size by Country
10.3.1 Middle East & Africa Homomorphic Encryption Consumption Value by Country (2019-2030)
10.3.2 Turkey Homomorphic Encryption Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Homomorphic Encryption Market Size and Forecast (2019-2030)
10.3.4 UAE Homomorphic Encryption Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 Homomorphic Encryption Market Drivers
11.2 Homomorphic Encryption Market Restraints
11.3 Homomorphic Encryption Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Homomorphic Encryption Industry Chain
12.2 Homomorphic Encryption Upstream Analysis
12.3 Homomorphic Encryption Midstream Analysis
12.4 Homomorphic Encryption Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Homomorphic Encryption Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Homomorphic Encryption Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Homomorphic Encryption Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Homomorphic Encryption Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Microsoft Company Information, Head Office, and Major Competitors
Table 6. Microsoft Major Business
Table 7. Microsoft Homomorphic Encryption Product and Solutions
Table 8. Microsoft Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Microsoft Recent Developments and Future Plans
Table 10. IBM Corporation Company Information, Head Office, and Major Competitors
Table 11. IBM Corporation Major Business
Table 12. IBM Corporation Homomorphic Encryption Product and Solutions
Table 13. IBM Corporation Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. IBM Corporation Recent Developments and Future Plans
Table 15. Galois Company Information, Head Office, and Major Competitors
Table 16. Galois Major Business
Table 17. Galois Homomorphic Encryption Product and Solutions
Table 18. Galois Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. Galois Recent Developments and Future Plans
Table 20. CryptoExperts Company Information, Head Office, and Major Competitors
Table 21. CryptoExperts Major Business
Table 22. CryptoExperts Homomorphic Encryption Product and Solutions
Table 23. CryptoExperts Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 24. CryptoExperts Recent Developments and Future Plans
Table 25. Enveil Company Information, Head Office, and Major Competitors
Table 26. Enveil Major Business
Table 27. Enveil Homomorphic Encryption Product and Solutions
Table 28. Enveil Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 29. Enveil Recent Developments and Future Plans
Table 30. Duality Technologies Company Information, Head Office, and Major Competitors
Table 31. Duality Technologies Major Business
Table 32. Duality Technologies Homomorphic Encryption Product and Solutions
Table 33. Duality Technologies Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 34. Duality Technologies Recent Developments and Future Plans
Table 35. ShieldIO Company Information, Head Office, and Major Competitors
Table 36. ShieldIO Major Business
Table 37. ShieldIO Homomorphic Encryption Product and Solutions
Table 38. ShieldIO Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 39. ShieldIO Recent Developments and Future Plans
Table 40. Huawei Company Information, Head Office, and Major Competitors
Table 41. Huawei Major Business
Table 42. Huawei Homomorphic Encryption Product and Solutions
Table 43. Huawei Homomorphic Encryption Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 44. Huawei Recent Developments and Future Plans
Table 45. Global Homomorphic Encryption Revenue (USD Million) by Players (2019-2024)
Table 46. Global Homomorphic Encryption Revenue Share by Players (2019-2024)
Table 47. Breakdown of Homomorphic Encryption by Company Type (Tier 1, Tier 2, and Tier 3)
Table 48. Market Position of Players in Homomorphic Encryption, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 49. Head Office of Key Homomorphic Encryption Players
Table 50. Homomorphic Encryption Market: Company Product Type Footprint
Table 51. Homomorphic Encryption Market: Company Product Application Footprint
Table 52. Homomorphic Encryption New Market Entrants and Barriers to Market Entry
Table 53. Homomorphic Encryption Mergers, Acquisition, Agreements, and Collaborations
Table 54. Global Homomorphic Encryption Consumption Value (USD Million) by Type (2019-2024)
Table 55. Global Homomorphic Encryption Consumption Value Share by Type (2019-2024)
Table 56. Global Homomorphic Encryption Consumption Value Forecast by Type (2025-2030)
Table 57. Global Homomorphic Encryption Consumption Value by Application (2019-2024)
Table 58. Global Homomorphic Encryption Consumption Value Forecast by Application (2025-2030)
Table 59. North America Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 60. North America Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 61. North America Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 62. North America Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 63. North America Homomorphic Encryption Consumption Value by Country (2019-2024) & (USD Million)
Table 64. North America Homomorphic Encryption Consumption Value by Country (2025-2030) & (USD Million)
Table 65. Europe Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 66. Europe Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 67. Europe Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 68. Europe Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 69. Europe Homomorphic Encryption Consumption Value by Country (2019-2024) & (USD Million)
Table 70. Europe Homomorphic Encryption Consumption Value by Country (2025-2030) & (USD Million)
Table 71. Asia-Pacific Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 72. Asia-Pacific Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 73. Asia-Pacific Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 74. Asia-Pacific Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 75. Asia-Pacific Homomorphic Encryption Consumption Value by Region (2019-2024) & (USD Million)
Table 76. Asia-Pacific Homomorphic Encryption Consumption Value by Region (2025-2030) & (USD Million)
Table 77. South America Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 78. South America Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 79. South America Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 80. South America Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 81. South America Homomorphic Encryption Consumption Value by Country (2019-2024) & (USD Million)
Table 82. South America Homomorphic Encryption Consumption Value by Country (2025-2030) & (USD Million)
Table 83. Middle East & Africa Homomorphic Encryption Consumption Value by Type (2019-2024) & (USD Million)
Table 84. Middle East & Africa Homomorphic Encryption Consumption Value by Type (2025-2030) & (USD Million)
Table 85. Middle East & Africa Homomorphic Encryption Consumption Value by Application (2019-2024) & (USD Million)
Table 86. Middle East & Africa Homomorphic Encryption Consumption Value by Application (2025-2030) & (USD Million)
Table 87. Middle East & Africa Homomorphic Encryption Consumption Value by Country (2019-2024) & (USD Million)
Table 88. Middle East & Africa Homomorphic Encryption Consumption Value by Country (2025-2030) & (USD Million)
Table 89. Homomorphic Encryption Raw Material
Table 90. Key Suppliers of Homomorphic Encryption Raw Materials
List of Figures
Figure 1. Homomorphic Encryption Picture
Figure 2. Global Homomorphic Encryption Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Homomorphic Encryption Consumption Value Market Share by Type in 2023
Figure 4. Partially Homomorphism
Figure 5. Fully Homomorphism
Figure 6. Global Homomorphic Encryption Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 7. Homomorphic Encryption Consumption Value Market Share by Application in 2023
Figure 8. Government Picture
Figure 9. Finance and Insurance Picture
Figure 10. Health Care Picture
Figure 11. Industry Picture
Figure 12. Others Picture
Figure 13. Global Homomorphic Encryption Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 14. Global Homomorphic Encryption Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 15. Global Market Homomorphic Encryption Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 16. Global Homomorphic Encryption Consumption Value Market Share by Region (2019-2030)
Figure 17. Global Homomorphic Encryption Consumption Value Market Share by Region in 2023
Figure 18. North America Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 20. Asia-Pacific Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 21. South America Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 22. Middle East and Africa Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 23. Global Homomorphic Encryption Revenue Share by Players in 2023
Figure 24. Homomorphic Encryption Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 25. Global Top 3 Players Homomorphic Encryption Market Share in 2023
Figure 26. Global Top 6 Players Homomorphic Encryption Market Share in 2023
Figure 27. Global Homomorphic Encryption Consumption Value Share by Type (2019-2024)
Figure 28. Global Homomorphic Encryption Market Share Forecast by Type (2025-2030)
Figure 29. Global Homomorphic Encryption Consumption Value Share by Application (2019-2024)
Figure 30. Global Homomorphic Encryption Market Share Forecast by Application (2025-2030)
Figure 31. North America Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 32. North America Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 33. North America Homomorphic Encryption Consumption Value Market Share by Country (2019-2030)
Figure 34. United States Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 35. Canada Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 36. Mexico Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 37. Europe Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 38. Europe Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 39. Europe Homomorphic Encryption Consumption Value Market Share by Country (2019-2030)
Figure 40. Germany Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 41. France Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 42. United Kingdom Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 43. Russia Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 44. Italy Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 45. Asia-Pacific Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 46. Asia-Pacific Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 47. Asia-Pacific Homomorphic Encryption Consumption Value Market Share by Region (2019-2030)
Figure 48. China Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 49. Japan Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 50. South Korea Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 51. India Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 52. Southeast Asia Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 53. Australia Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 54. South America Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 55. South America Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 56. South America Homomorphic Encryption Consumption Value Market Share by Country (2019-2030)
Figure 57. Brazil Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 58. Argentina Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 59. Middle East and Africa Homomorphic Encryption Consumption Value Market Share by Type (2019-2030)
Figure 60. Middle East and Africa Homomorphic Encryption Consumption Value Market Share by Application (2019-2030)
Figure 61. Middle East and Africa Homomorphic Encryption Consumption Value Market Share by Country (2019-2030)
Figure 62. Turkey Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 63. Saudi Arabia Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 64. UAE Homomorphic Encryption Consumption Value (2019-2030) & (USD Million)
Figure 65. Homomorphic Encryption Market Drivers
Figure 66. Homomorphic Encryption Market Restraints
Figure 67. Homomorphic Encryption Market Trends
Figure 68. Porters Five Forces Analysis
Figure 69. Manufacturing Cost Structure Analysis of Homomorphic Encryption in 2023
Figure 70. Manufacturing Process Analysis of Homomorphic Encryption
Figure 71. Homomorphic Encryption Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Microsoft
IBM Corporation
Galois
CryptoExperts
Enveil
Duality Technologies
ShieldIO
Huawei
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