Market Highlights

The growing usage of smartphones and mobility solution is driving the homomorphic encryption market as mobile cloud computing can be described as an infrastructure where both data storage and data computing happens outside the device. Mobile cloud applications move the computing power and data storage away from mobile phones and into the cloud. Nowadays, due to digital transmission people use smartphones in their daily life for bill payments, shopping and mobile banking among others. Due to this people share their personal information with a third-party forum which raises the concern over privacy of an individual’s personal information. Internet users are sharing lot of information with each other through a third-party forum. Hence, security of data becomes an important factor which is boosting the growth of homomorphic encryption market.

The global Homomorphic Encryption Market is expected to reach USD 268.3 million by the end of 2027 with 7.55% CAGR during forecast period 2017-2027.

Taste the market data and market information presented through more than 50 market data tables and figures spread over 60 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Homomorphic Encryption Market Research Report -Forecast to 2027”.

Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/1144

Key Players

The prominent players in the market of Homomorphic Encryption market are – Gemalto (Netherlands), Oracle Corporation (U.S.), Microsoft (U.S.), IBM Corporation (U.S.), Galois Inc (U.S.), CryptoExperts (France), Netskope (U.S.) among others.

Global Homomorphic Encryption Market Structure

By Type

Fully
Additive
Partial
Multiplicative
By Application

Banking and Finance
Healthcare
Government
Industrial
Others
By Region

North America
Europe
Asia Pacific
Row
Intended Audience

Manufacturing Companies
Software Developers
Technology Providers
Distributors
Research firms
Consultancy firms
Stakeholders
End-user sectors
Technology Investors
Market Research Future Analysis

Cloud computing provides better solutions for e-governance and it also offers lot of financial benefits in many aspects. Therefore, the implementation of homomorphic encryption in the government sector is growing due to better storage solutions. Also, electronic governance has become an important tool for the government to provide the services to the citizens in more proficient and transparent manner. The increasing usage of homomorphic encryption in this context help to serve better services to citizens, improved interactions with business and industry, citizen empowerment and more efficient government management. Therefore, increases transparency, increased growth of the nation and cost reductions.

The banking and finance sector across the world is adopting homomorphic encryption. Nowadays, the use of online banking system has been increasing drastically. The various government initiatives such as government schemes and transparency in the payment system majority of the population are motivated to have their own bank accounts. Therefore, these are the reasons which lead to enormous computing and storage requirements in the current banking system. Also, the cloud computing system has offered promising prospects in this scenario. The financial inability of banks to procure and maintain private infrastructure and other factors is leading the existing bankers to switch to cloud computing model for their businesses. Also, the main concern is IT security associated with cloud computing services. The security problem is not only with outsourcing but also from internal resources in the organization.

Intended Audience

Manufacturing Companies
Software Developers
Technology Providers
Distributors
Research firms
Consultancy firms
Stakeholders
End-user sectors
Technology Investors
Get Complete Report @ https://www.marketresearchfuture.com/reports/homomorphic-encryption-market-1144

TABLE OF CONTENTS

1 Introduction

1.1 Definition 8

1.2 Scope Of The Study 8

1.3 Assumptions 8

1.4 Market Structure 8

2 Research Methodologies

2.1 Research Process 10

2.2 Primary Research 11

2.3 Secondary Research 11

2.4 Market Size Estimation 11

2.5 Forecast Model 12

3 Market Dynamics

3.1 Introduction 13

3.2 Drivers 13

3.2.1 Growing Demand For Secured Data Transmission 13

3.2.2 High Investment In Cloud-Based Industries 14

3.2.3 Growing E-Governance Initiative 15

3.2.4 Growing Usage Of Mobility Solutions 15

3.3 Restraints 16

3.3.1 Complexity Of Systems 16

3.3.2 Vulnerability Of Malware 16

3.3.3 Lack Of Upgradation 16

3.4 Porter’s Five Forces Analysis 17

3.4.1 Introduction 17

3.5 Supply Chain Analysis 19

Continued…

Know More about this Report @ https://www.marketwatch.com/press-release/homomorphic-encryption-market-size-global-overview-business-strategy-key-players-analysis-opportunity-assessment-sales-revenue-future-plans-and-regional-forecast-to-2027-2019-04-05

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]