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Confidential Computing Market Could Reach US$54 Billion in 2026SAN FRANCISCO, Oct. 27, 2021 /PRNewswire/ -- The Linux Foundation, the nonprofit organization enabling mass innovation through open source, along with the Confidential Computing Consortium today released findings from a market study by Everest Group which shows the Confidential Computing market is projected to grow at a CAGR of 90%-95% to reach US$ 54 billion in 2026. Confidential Computing protects data in use by performing computation in a hardware-based Trusted Execution Environment (TEE). These secure and isolated environments prevent unauthorized access or modification of applications and data while it is in use in memory, thereby increasing the security level of organizations that manage sensitive and regulated data, such as Personally Identifiable Information (PII), health information or financial data. Some of the key findings of the market study titled "Confidential Computing – The Next Frontier in Data Security" are:
"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. "While the adoption of ConfidentialComputing is in the relatively nascent stage, our research reveals growth potential not only for enterprises consuming it, but also for the technology and service providers enabling it," said Abhishek Mundra, Practice Director, Everest Research. The Confidential Computing Consortium brings together vendors, cloud providers and developers to accelerate the adoption of TEE technologies and standards. Premier members of the consortium include Accenture, ANT Group, Arm, Facebook, Google, Huawei, Intel, Microsoft and Red Hat. Additional information about the CCC and a full list of member companies is available at: https://confidentialcomputing.io Download the market study: https://next-frontier-in-data-security.confidentialcomputing.io About the Linux Foundation The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds. About the Confidential Computing Consortium About Everest Group The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds. Media Contact View original content to download multimedia:https://www.prnewswire.com/news-releases/confidential-computing-market-could-reach-us54-billion-in-2026-301407273.html SOURCE Confidential Computing Consortium |