1. Homomorphic Encryption Market To Hit USD 300 Mn By 2030

2.  Industry Insights

3.  Rising demand in the BFSI sector  Considering the staggering time and cost savings of banks upon implementing cloud computing strategies, the widespread adoption of cloud has grown crucial for the security and protection of data. In this regard, fully homomorphic encryption (FHE) has garnered immense traction. The thriving need for financial crime prevention, detection, and investigation has also led to the higher deployment of encryption methods. FHE further helps financial institutions in leveraging intelligent insights from data assets for delivering better products, and policies to offer services across credit card partners, mergers, loans, and acquisitions without disclosing confidential information.  Thriving application scope in the IT & telecom industry  To preserve the privacy of sensitive data across multiple applications of cloud computing, homomorphic encryption is a popular technique used for data security and privacy in the IT space. On the other hand, the telecom sector deploys this technology for securing large volumes of privacy relevant as well as highly confidential data from hacking.  Rising demand in the BFSI sector  Considering the staggering time and cost savings of banks upon implementing cloud computing strategies, the widespread adoption of cloud has grown crucial for the security and protection of data. In this regard, fully homomorphic encryption (FHE) has garnered immense traction. The thriving need for financial crime prevention, detection, and investigation has also led to the higher deployment of encryption methods. FHE further helps financial institutions in leveraging intelligent insights from data assets for delivering better products, and policies to offer services across credit card partners, mergers, loans, and acquisitions without disclosing confidential information.  Thriving application scope in the IT & telecom industry  To preserve the privacy of sensitive data across multiple applications of cloud computing, homomorphic encryption is a popular technique used for data security and privacy in the IT space. On the other hand, the telecom sector deploys this technology for securing large volumes of privacy relevant as well as highly confidential data from hacking.

4.  Regional Analysis  Increasing deployment in healthcare  Homomorphic encryption has emerged as a strong contender in medical imaging as it is designed for processing data that remains encrypted. With the increasing demand for handling electronic health records for improved data accessibility, and allowing e-messaging between providers, the efficient homomorphic medical image encryption algorithm is increasingly used for cloud storage security. The rising demand for supporting real-time learning in personalized cancer medicine will also play an ideal role in the homomorphic encryption market expansion.  Increasing deployment in healthcare  Homomorphic encryption has emerged as a strong contender in medical imaging as it is designed for processing data that remains encrypted. With the increasing demand for handling electronic health records for improved data accessibility, and allowing e-messaging between providers, the efficient homomorphic medical image encryption algorithm is increasingly used for cloud storage security. The rising demand for supporting real-time learning in personalized cancer medicine will also play an ideal role in the homomorphic encryption market expansion.  Competitive Analysis  Cosmian Tech, Desilo Inc., Duality Technologies Inc., Galois, Inc, Google LLC, IBM Corporation, Intel Corporation, Microsoft Corporation, Netskope, Inc

5. Homomorphic Encryption Market @ https://www.gminsights.com/industry- analysis/homomorphic-encryption-markethttps://www.gminsights.com/industry- analysis/homomorphic-encryption-market Homomorphic Encryption Market @ https://www.gminsights.com/industry- analysis/homomorphic-encryption-markethttps://www.gminsights.com/industry- analysis/homomorphic-encryption-market Request for sample of this research report @ https://www.gminsights.com/request- sample/detail/5309https://www.gminsights.com/request- sample/detail/5309 Request for sample of this research report @ https://www.gminsights.com/request- sample/detail/5309https://www.gminsights.com/request- sample/detail/5309 Request for customization: https://www.gminsights.com/roc/5309https://www.gminsights.com/roc/5309 Request for customization: https://www.gminsights.com/roc/5309https://www.gminsights.com/roc/5309

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