Security News > 2021 > November > Confidential computing market to reach $54 billion in 2026

The confidential computing market is projected to grow at a CAGR of 90%-95% to reach $54 billion in 2026, according to findings from a market study by Everest Group.

Confidential computing protects data in use by performing computation in a hardware-based Trusted Execution Environment.

Key findings of the confidential computing market study 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.

"Enterprises are rapidly moving data to the cloud which has dramatically altered their security needs to protect their sensitive data at rest, on the network, or in use in secure protected computation," said Stephen Walli, governing board chair of the Confidential Computing Consortium.

"The needs of protecting and managing sensitive data throughout the life cycle, coupled with industry regulations, and the proliferation of cyber risks, positions confidential computing to become a de facto technology for computational security."

The Everest Group leveraged multiple sources of data including proprietary datasets, consultations with key market stakeholders, and contributions from the members of the Confidential Computing Consortium to assess the market.

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