Homomorphic Encryption Market

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.

Homomorphic Encryption Market contains market size and forecasts of Homomorphic Encryption in Global, including the following market information:

Global Homomorphic Encryption Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Homomorphic Encryption market was valued at 154.7 million in 2021 and is projected to reach US$ 512.3 million by 2028, at a CAGR of 18.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Partially Homomorphism Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Homomorphic Encryption include Microsoft, IBM Corporation, Galois, CryptoExperts, Enveil, Duality Technologies, ShieldIO and Huawei, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Homomorphic Encryption companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Homomorphic Encryption Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Homomorphic Encryption Market Segment Percentages, by Type, 2021 (%)

Partially Homomorphism

Fully Homomorphism

Global Homomorphic Encryption Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Homomorphic Encryption Market Segment Percentages, by Application, 2021 (%)

Government

Finance and Insurance

Health Care

Industry

Others

Global Homomorphic Encryption Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Homomorphic Encryption Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Homomorphic Encryption revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Homomorphic Encryption revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Microsoft

IBM Corporation

Galois

CryptoExperts

Enveil

Duality Technologies

ShieldIO

Huawei