Global Homomorphic Encryption Market: By Type (Fully, Additive, Partial and Multiplicative), By Application (Banking and Finance, Healthcare, Government, Industrial and others) - Forecast till 2030
ID: MRFR/ICT/0638-CR | February 2020 | Region: Global | 60 pages
Impact of COVID-19 on the Global Homomorphic Encryption Market
COVID-19 has spread across the world. The declaration of COVID-19 as a pandemic in March 2020 by the world health organization has drastically impacted businesses worldwide. The governments of various countries have imposed lockdowns and forced people to stay at home. The increasing number of people staying at home has boosted the use of digital transactions through mobile devices for bill payments, recharges, and online shopping to prevent the spread of the pandemic. During these transactions, people share their personal information on a third-party forum, which increases the issue of the privacy of personal data. The security of data becomes an essential factor. Here, homomorphic encryption plays a vital role. Homomorphic encryption is a form of encryption that helps to perform computations via ciphertext to produce an encrypted result. On the flip side, the lockdowns in various countries have halted manufacturing plants and delayed production activities. The primary factor driving the growth of the market is the increasing usage of smartphones and mobility solutions. However, the COVID-19 pandemic has delayed the production and, thus, the sales of smartphones, which is hampering the growth of the market.
Homomorphic encryption is widely implemented in the banking and finance sector, which is expected to drive the growth of the market. According to MRF analysis, the North American region dominated the market owing to the increasing number of SMEs, rising investments in the private sector, and stable growth rate, among other factors. However, SMEs are facing tremendous revenue losses, owing to which, the market is expected to face challenges after the COVID-19 pandemic. The increasing need for the security of personal data across the globe is expected to drive the growth of the market over the forecast period.
1 Introduction
1.1 Definition
1.2 Scope Of The Study
1.3 Assumptions
1.4 Market Structure
2 Research Methodologies
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Dynamics
3.1 Introduction
3.2 Drivers
3.2.1 Growing Demand For Secured Data Transmission
3.2.2 High Investment In Cloud-Based Industries
3.2.3 Growing E-Governance Initiative
3.2.4 Growing Usage Of Mobility Solutions
3.3 Restraints
3.3.1 Complexity Of Systems
3.3.2 Vulnerability Of Malware
3.3.3 Lack Of Upgradation
3.4 Porter’s Five Forces Analysis
3.4.1 Introduction
3.5 Supply Chain Analysis
4 Homomorphic Encryption Market, By Type
4.1 Introduction
4.1.1 Fully
4.1.2 Additive
4.1.3 Partial
4.1.4 Multiplicative
5 Homomorphic Encryption Market, By Application
5.1 Introduction
5.1.1 Banking And Finance
5.1.2 Healthcare
5.1.3 Government
5.1.4 Industrial
5.1.5 Others
6 Homomorphic Encryption Market, By Regions
6.1 Introduction
6.1.1 North America
6.1.2 Europe
6.1.3 Asia-Pacific
6.1.4 Rest Of The World
7 Company Profile
7.1 Key Players Ranking
7.2 Gemalto
7.2.1 Company Overview
7.2.2 Product/Solution Portfolio
7.2.3 Strategy
7.2.4 SWOT Analysis
7.3 Oracle Corporation
7.3.1 Company Overview
7.3.2 Product/Solution Portfolio
7.3.3 Strategy
7.3.4 SWOT Analysis
7.4 Microsoft
7.4.1 Company Overview
7.4.2 Product/Solution Portfolio
7.4.3 Strategy
7.4.4 SWOT Analysis
7.5 IBM Corporation
7.5.1 Company Overview
7.5.2 Product/Solution Portfolio
7.5.3 SWOT Analysis
7.6 Galois Inc.
7.6.1 Company Overview
7.6.2 Product/Solution Portfolio
7.6.3 Strategy
7.6.4 Key Development
7.7 CryptoExperts
7.7.1 Company Overview
7.7.2 Product/Solution Portfolio
7.8 Netskope (US)
7.8.1 Company Overview
7.8.2 Product/Solution Portfolio
8 List Of Tables
TABLE 1 MARKET FACTOR ANALYSIS
TABLE 2 GLOBAL HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
TABLE 3 GLOBAL HOMOMORPHIC ENCRYPTION, FULLY SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 4 GLOBAL HOMOMORPHIC ENCRYPTION, ADDITIVE SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 5 GLOBAL HOMOMORPHIC ENCRYPTION, PARTIAL SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 6 GLOBAL HOMOMORPHIC ENCRYPTION, MULTIPLICATIVE SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 7 GLOBAL HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)
TABLE 8 GLOBAL HOMOMORPHIC ENCRYPTION, BANKING AND FINANCE SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 9 GLOBAL HOMOMORPHIC ENCRYPTION, HEALTHCARE SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 10 GLOBAL HOMOMORPHIC ENCRYPTION, GOVERNMENT SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 11 GLOBAL HOMOMORPHIC ENCRYPTION, INDUSTRIAL SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 12 GLOBAL HOMOMORPHIC ENCRYPTION, OTHERS SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 13 GLOBAL HOMOMORPHIC ENCRYPTION MARKET, BY REGION (USD MILLION) (2020–2027)
TABLE 14 NORTH AMERICA HOMOMORPHIC ENCRYPTION MARKET, BY COUNTRY (USD MILLION) (2020–2027)
TABLE 15 NORTH AMERICA HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
TABLE 16 NORTH AMERICA HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)
TABLE 17 EUROPE HOMOMORPHIC ENCRYPTION MARKET, BY COUNTRY (USD MILLION) (2020–2027)
TABLE 18 EUROPE HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
TABLE 19 EUROPE HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)
TABLE 20 ASIA-PACIFIC HOMOMORPHIC ENCRYPTION MARKET, BY COUNTRY (USD MILLION) (2020–2027)
TABLE 21 ASIA-PACIFIC HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
TABLE 22 ASIA-PACIFIC HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)
TABLE 23 REST OF THE WORLD HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
TABLE 24 REST OF THE WORLD HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)
9 List Of Figures
FIGURE 1 MRFR RESEARH PROCESS
FIGURE 2 DRIVERS & CHALLENGES IMPACT ANALYSIS OF GLOBAL HOMOMORPHIC ENCRYPTION MARKET
FIGURE 3 PUBLIC CLOUD COMPUTING MARKET 2010–2020 (USD BILLION)
FIGURE 4 DIGITAL BANKINB PENETRATION IN ASIA PACIFIC
FIGURE 5 GLOBAL HOMOMORPHIC ENCRYPTION MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 6 GLOBAL HOMOMORPHIC ENCRYPTION MARKET: SUPPLY CHAIN PROCESS
FIGURE 7 GLOBAL HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
FIGURE 8 GLOBAL HOMOMORPHIC ENCRYPTION, FULLY SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 9 GLOBAL HOMOMORPHIC ENCRYPTION, ADDITIVE SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 10 GLOBAL HOMOMORPHIC ENCRYPTION, PARTIAL SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 11 GLOBAL HOMOMORPHIC ENCRYPTION, MULTIPLICATIVE SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 12 GLOBAL HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)
FIGURE 13 GLOBAL HOMOMORPHIC ENCRYPTION, BANKING AND FINANCE SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 14 GLOBAL HOMOMORPHIC ENCRYPTION, HEALTHCARE SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 15 GLOBAL HOMOMORPHIC ENCRYPTION, GOVERNMENT SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 16 GLOBAL HOMOMORPHIC ENCRYPTION, INDUSTRIAL SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 17 GLOBAL HOMOMORPHIC ENCRYPTION, OTHERS SEGMENT MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 18 GLOBAL HOMOMORPHIC ENCRYPTION MARKET, BY REGION (USD MILLION) (2020–2027)
FIGURE 19 NORTH AMERICA HOMOMORPHIC ENCRYPTION MARKET, BY COUNTRY (USD MILLION) (2020–2027)
FIGURE 20 NORTH AMERICA HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
FIGURE 21 NORTH AMERICA HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)
FIGURE 22 EUROPE HOMOMORPHIC ENCRYPTION MARKET, BY COUNTRY (USD MILLION) (2020–2027)
FIGURE 23 EUROPE HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
FIGURE 24 EUROPE HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)
FIGURE 25 ASIA-PACIFIC HOMOMORPHIC ENCRYPTION MARKET, BY COUNTRY (USD MILLION) (2020–2027)
FIGURE 26 ASIA-PACIFIC HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
FIGURE 27 ASIA-PACIFIC HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)
FIGURE 28 REST OF THE WORLD HOMOMORPHIC ENCRYPTION MARKET, BY TYPE (USD MILLION) (2020–2027)
FIGURE 29 REST OF THE WORLD HOMOMORPHIC ENCRYPTION MARKET, BY APPLICATION (USD MILLION) (2020–2027)