Europe Secure Multiparty Computation (SMPC) Market Size, Share & Trends Analysis Report By Offering (Solution, and Services), By Deployment Mode (Cloud, and On-Premises), By Vertical, By Country and Growth Forecast, 2024 - 2031

The Europe Secure Multiparty Computation (SMPC) Market would witness market growth of 10.8% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Secure Multiparty Computation (SMPC) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $113 million by 2031. The UK market is exhibiting a CAGR of 9.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.7% during (2024 - 2031).

The proliferation of data in the digital age has been accompanied by an equally significant increase in data breaches and cyber threats. Increasingly, organizations in a variety of sectors, such as finance, healthcare, and government, acknowledge the necessity of safeguarding their data during processing, in transit, and at rest.

Moreover, Traditional encryption methods have effectively safeguarded data when it is stored or transmitted, but they fall short when data needs to be actively used in computations. This gap in data security is where SMPC demonstrates its unparalleled value.

The Europe segment is a significant contributor to the market, driven by the region's stringent data protection regulations and a strong emphasis on privacy. The General Data Protection Regulation (GDPR), enacted in May 2018, is considered one of the most comprehensive data privacy laws. Non-compliance with GDPR can result in substantial fines of up to €20 million or 4% of the annual turnover, whichever is higher.

Free Valuable Insights: The Global Secure Multiparty Computation (SMPC) Market will Hit USD 1.7 Billion by 2031, at a CAGR of 11%

Based on Offering, the market is segmented into Solution, and Services. Based on Deployment Mode, the market is segmented into Cloud, and On-Premises. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Government, Retail & eCommerce, Healthcare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Microsoft Corporation
• IBM Corporation
• Google LLC (Alphabet Inc.)
• Fireblocks Inc.
• Blockdaemon
• Qredo Services Ltd.
• Penta Security Inc.
• Zengo Ltd.
• Inpher
• CYBAVO Pte. Ltd.

Europe Secure Multiparty Computation (SMPC) Market Report Segmentation

By Offering

• Solution
• Services

By Deployment Mode

• Cloud
• On-Premises

By Vertical

• BFSI
• IT & ITeS
• Government
• Retail & eCommerce
• Healthcare
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Secure Multiparty Computation (SMPC) Market, by Offering
1.4.2 Europe Secure Multiparty Computation (SMPC) Market, by Deployment Mode
1.4.3 Europe Secure Multiparty Computation (SMPC) Market, by Vertical
1.4.4 Europe Secure Multiparty Computation (SMPC) Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis

Chapter 5. Europe Secure Multiparty Computation (SMPC) Market by Offering
5.1 Europe Solution Market by Country
5.2 Europe Services Market by Country

Chapter 6. Europe Secure Multiparty Computation (SMPC) Market by Deployment Mode
6.1 Europe Cloud Market by Country
6.2 Europe On-Premises Market by Country

Chapter 7. Europe Secure Multiparty Computation (SMPC) Market by Vertical
7.1 Europe BFSI Market by Country
7.2 Europe IT & ITeS Market by Country
7.3 Europe Government Market by Country
7.4 Europe Retail & eCommerce Market by Country
7.5 Europe Healthcare Market by Country
7.6 Europe Others Market by Country

Chapter 8. Europe Secure Multiparty Computation (SMPC) Market by Country
8.1 Germany Secure Multiparty Computation (SMPC) Market
8.1.1 Germany Secure Multiparty Computation (SMPC) Market by Offering
8.1.2 Germany Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.1.3 Germany Secure Multiparty Computation (SMPC) Market by Vertical
8.2 UK Secure Multiparty Computation (SMPC) Market
8.2.1 UK Secure Multiparty Computation (SMPC) Market by Offering
8.2.2 UK Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.2.3 UK Secure Multiparty Computation (SMPC) Market by Vertical
8.3 France Secure Multiparty Computation (SMPC) Market
8.3.1 France Secure Multiparty Computation (SMPC) Market by Offering
8.3.2 France Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.3.3 France Secure Multiparty Computation (SMPC) Market by Vertical
8.4 Russia Secure Multiparty Computation (SMPC) Market
8.4.1 Russia Secure Multiparty Computation (SMPC) Market by Offering
8.4.2 Russia Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.4.3 Russia Secure Multiparty Computation (SMPC) Market by Vertical
8.5 Spain Secure Multiparty Computation (SMPC) Market
8.5.1 Spain Secure Multiparty Computation (SMPC) Market by Offering
8.5.2 Spain Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.5.3 Spain Secure Multiparty Computation (SMPC) Market by Vertical
8.6 Italy Secure Multiparty Computation (SMPC) Market
8.6.1 Italy Secure Multiparty Computation (SMPC) Market by Offering
8.6.2 Italy Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.6.3 Italy Secure Multiparty Computation (SMPC) Market by Vertical
8.7 Rest of Europe Secure Multiparty Computation (SMPC) Market
8.7.1 Rest of Europe Secure Multiparty Computation (SMPC) Market by Offering
8.7.2 Rest of Europe Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.7.3 Rest of Europe Secure Multiparty Computation (SMPC) Market by Vertical

Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 SWOT Analysis
9.3 Google LLC (Alphabet Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Fireblocks Inc.
9.4.1 Company Overview
9.4.2 SWOT Analysis
9.5 Blockdaemon
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.2.2 Acquisition and Mergers:
9.5.3 SWOT Analysis
9.6 Qredo Services Ltd.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Product Launches and Product Expansions:
9.6.2.2 Acquisition and Mergers:
9.6.3 SWOT Analysis
9.7 Penta Security Inc.
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 Zengo Ltd.
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Inpher
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. CYBAVO Pte. Ltd.
9.10.1 Company Overview
9.10.2 SWOT Analysis

TABLE 1 Europe Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 2 Europe Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 3 Europe Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 4 Europe Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 5 Europe Solution Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Solution Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Services Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Services Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 10 Europe Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 11 Europe Cloud Market by Country, 2020 - 2023, USD Million
TABLE 12 Europe Cloud Market by Country, 2024 - 2031, USD Million
TABLE 13 Europe On-Premises Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe On-Premises Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 16 Europe Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 17 Europe BFSI Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe BFSI Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe IT & ITeS Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe IT & ITeS Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Government Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Government Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Retail & eCommerce Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe Retail & eCommerce Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 28 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 29 Europe Secure Multiparty Computation (SMPC) Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Secure Multiparty Computation (SMPC) Market by Country, 2024 - 2031, USD Million
TABLE 31 Germany Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 32 Germany Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 33 Germany Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 34 Germany Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 35 Germany Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 36 Germany Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 37 Germany Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 38 Germany Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 39 UK Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 40 UK Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 41 UK Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 42 UK Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 43 UK Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 44 UK Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 45 UK Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 46 UK Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 47 France Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 48 France Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 49 France Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 50 France Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 51 France Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 52 France Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 53 France Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 54 France Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 55 Russia Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 56 Russia Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 57 Russia Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 58 Russia Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 59 Russia Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 60 Russia Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 61 Russia Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 62 Russia Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 63 Spain Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 64 Spain Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 65 Spain Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 66 Spain Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 67 Spain Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 68 Spain Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 69 Spain Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 70 Spain Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 71 Italy Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 72 Italy Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 73 Italy Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 74 Italy Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 75 Italy Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 76 Italy Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 77 Italy Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 78 Italy Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 79 Rest of Europe Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 80 Rest of Europe Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 81 Rest of Europe Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 82 Rest of Europe Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 83 Rest of Europe Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 84 Rest of Europe Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 85 Rest of Europe Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 86 Rest of Europe Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 87 Key Information – Microsoft Corporation
TABLE 88 Key Information – IBM Corporation
TABLE 89 Key Information – Google LLC
TABLE 90 Key Information – Fireblocks Inc.
TABLE 91 Key Information – Blockdaemon
TABLE 92 Key Information – Qredo Services Ltd.
TABLE 93 Key Information – Penta Security Inc.
TABLE 94 Key Information – Zengo Ltd.
TABLE 95 Key Information – Inpher
TABLE 96 Key Information – CYBAVO Pte. Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Secure Multiparty Computation (SMPC) Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Secure Multiparty Computation (SMPC) Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Secure multiparty computation (smpc) market
FIG 6 Europe Secure Multiparty Computation (SMPC) Market share by Offering, 2023
FIG 7 Europe Secure Multiparty Computation (SMPC) Market share by Offering, 2031
FIG 8 Europe Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2031, USD Million
FIG 9 Europe Secure Multiparty Computation (SMPC) Market share by Deployment Mode, 2023
FIG 10 Europe Secure Multiparty Computation (SMPC) Market share by Deployment Mode, 2031
FIG 11 Europe Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2031, USD Million
FIG 12 Europe Secure Multiparty Computation (SMPC) Market share by Vertical, 2023
FIG 13 Europe Secure Multiparty Computation (SMPC) Market share by Vertical, 2031
FIG 14 Europe Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2031, USD Million
FIG 15 Europe Secure Multiparty Computation (SMPC) Market share by Country, 2023
FIG 16 Europe Secure Multiparty Computation (SMPC) Market share by Country, 2031
FIG 17 Europe Secure Multiparty Computation (SMPC) Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: Microsoft Corporation
FIG 19 SWOT Analysis: IBM Corporation
FIG 20 SWOT Analysis: Google LLC
FIG 21 SWOT analysis: Fireblocks Inc.
FIG 22 Recent strategies and developments: Blockdaemon
FIG 23 SWOT analysis: Blockdaemon
FIG 24 Recent strategies and developments: Qredo Services Ltd.
FIG 25 SWOT analysis: Qredo Services Ltd.
FIG 26 SWOT analysis: Penta Security Inc.
FIG 27 SWOT analysis: Zengo Ltd.
FIG 28 SWOT analysis: Inpher
FIG 29 SWOT analysis: CYBAVO Pte. Ltd.