The confidential computing market is expected to reach $54 billion by 2026, according to a new market study from the Linux Foundation and the Confidential Computing Consortium.
Conducted by Everest Group, the study claims the confidential computing market is expected to grow at a CAGR of 90%-95% in the best case scenario, and 40%-45% even in the worst case scenario until 2026. The researchers used proprietary datasets, consultations with key market stakeholders and contributions from the members of the Confidential Computing Consortium to compile the study.
Accenture, ANT Group, Arm, Facebook, Google, Huawei, Intel, Microsoft and Red Hat are all members of the Confidential Computing Consortium.
“Confidential computing protects data in use by performing computation in a hardware-based Trusted Execution Environment (TEE),” the researchers explained.
Abhishek Mundra, practice director at Everest Research, said that while the adoption of Confidential Computing is in the relatively nascent stage, the organization’s research “reveals growth potential not only for enterprises consuming it, but also for the technology and service providers enabling it.”
The study found that industries facing heavily regulation — like banking, finance, insurance, healthcare, life sciences, public sector and defense — are most interested in the technology and will “dominate” the rollout.
The market will be driven by