LAMEA 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 Latin America, Middle East and Africa Secure Multiparty Computation (SMPC) Market would witness market growth of 12.8% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA 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 $31.8 million by 2031. The Argentina market is registering a CAGR of 13.7% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 12.4% during (2024 - 2031).

The financial sector, especially, is poised to reap substantial advantages from SMPC. Financial institutions are custodians of highly sensitive information, including personal identifiable information (PII), financial transactions, and proprietary trading algorithms.

Additionally, it is invaluable to perform secure computations on such data without exposing it to potential threats. For instance, banks and financial service providers can use SMPC to conduct fraud detection and risk assessment collaboratively without compromising the confidentiality of their respective datasets.

The LAMEA region demonstrates significant potential in the market. In the Middle East, countries such as the United Arab Emirates (UAE) and Saudi Arabia are investing substantially in digital infrastructure and cybersecurity to support their ambitious economic diversification plans. For instance, Saudi Arabia's Vision 2030 aims to diversify the economy away from oil dependency, emphasizing the development of a robust digital economy.

Free Valuable Insights: The Worldwide Secure Multiparty Computation (SMPC) Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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.

LAMEA 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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Secure Multiparty Computation (SMPC) Market, by Offering
1.4.2 LAMEA Secure Multiparty Computation (SMPC) Market, by Deployment Mode
1.4.3 LAMEA Secure Multiparty Computation (SMPC) Market, by Vertical
1.4.4 LAMEA 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. LAMEA Secure Multiparty Computation (SMPC) Market by Offering
5.1 LAMEA Solution Market by Country
5.2 LAMEA Services Market by Country

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

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

Chapter 8. LAMEA Secure Multiparty Computation (SMPC) Market by Country
8.1 Brazil Secure Multiparty Computation (SMPC) Market
8.1.1 Brazil Secure Multiparty Computation (SMPC) Market by Offering
8.1.2 Brazil Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.1.3 Brazil Secure Multiparty Computation (SMPC) Market by Vertical
8.2 Argentina Secure Multiparty Computation (SMPC) Market
8.2.1 Argentina Secure Multiparty Computation (SMPC) Market by Offering
8.2.2 Argentina Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.2.3 Argentina Secure Multiparty Computation (SMPC) Market by Vertical
8.3 UAE Secure Multiparty Computation (SMPC) Market
8.3.1 UAE Secure Multiparty Computation (SMPC) Market by Offering
8.3.2 UAE Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.3.3 UAE Secure Multiparty Computation (SMPC) Market by Vertical
8.4 Saudi Arabia Secure Multiparty Computation (SMPC) Market
8.4.1 Saudi Arabia Secure Multiparty Computation (SMPC) Market by Offering
8.4.2 Saudi Arabia Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.4.3 Saudi Arabia Secure Multiparty Computation (SMPC) Market by Vertical
8.5 South Africa Secure Multiparty Computation (SMPC) Market
8.5.1 South Africa Secure Multiparty Computation (SMPC) Market by Offering
8.5.2 South Africa Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.5.3 South Africa Secure Multiparty Computation (SMPC) Market by Vertical
8.6 Nigeria Secure Multiparty Computation (SMPC) Market
8.6.1 Nigeria Secure Multiparty Computation (SMPC) Market by Offering
8.6.2 Nigeria Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.6.3 Nigeria Secure Multiparty Computation (SMPC) Market by Vertical
8.7 Rest of LAMEA Secure Multiparty Computation (SMPC) Market
8.7.1 Rest of LAMEA Secure Multiparty Computation (SMPC) Market by Offering
8.7.2 Rest of LAMEA Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.7.3 Rest of LAMEA 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 LAMEA Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 4 LAMEA Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 5 LAMEA Solution Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Solution Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Services Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Services Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 10 LAMEA Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 11 LAMEA Cloud Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Cloud Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA On-Premises Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA On-Premises Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 16 LAMEA Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 17 LAMEA BFSI Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA BFSI Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA IT & ITeS Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA IT & ITeS Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Government Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Government Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Retail & eCommerce Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Retail & eCommerce Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Secure Multiparty Computation (SMPC) Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Secure Multiparty Computation (SMPC) Market by Country, 2024 - 2031, USD Million
TABLE 31 Brazil Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 32 Brazil Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 33 Brazil Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 34 Brazil Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 35 Brazil Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 36 Brazil Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 37 Brazil Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 38 Brazil Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 39 Argentina Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 40 Argentina Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 41 Argentina Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 42 Argentina Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 43 Argentina Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 44 Argentina Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 45 Argentina Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 46 Argentina Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 47 UAE Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 48 UAE Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 49 UAE Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 50 UAE Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 51 UAE Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 52 UAE Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 53 UAE Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 54 UAE Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 55 Saudi Arabia Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 56 Saudi Arabia Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 57 Saudi Arabia Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 58 Saudi Arabia Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 59 Saudi Arabia Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 60 Saudi Arabia Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 61 Saudi Arabia Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 62 Saudi Arabia Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 63 South Africa Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 64 South Africa Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 65 South Africa Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 66 South Africa Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 67 South Africa Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 68 South Africa Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 69 South Africa Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 70 South Africa Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 71 Nigeria Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 72 Nigeria Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 73 Nigeria Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 74 Nigeria Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 75 Nigeria Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 76 Nigeria Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 77 Nigeria Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 78 Nigeria Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 79 Rest of LAMEA Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 80 Rest of LAMEA Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 81 Rest of LAMEA Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 82 Rest of LAMEA Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 83 Rest of LAMEA Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 84 Rest of LAMEA Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 85 Rest of LAMEA Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 86 Rest of LAMEA 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 LAMEA 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 LAMEA Secure Multiparty Computation (SMPC) Market share by Offering, 2023
FIG 7 LAMEA Secure Multiparty Computation (SMPC) Market share by Offering, 2031
FIG 8 LAMEA Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2031, USD Million
FIG 9 LAMEA Secure Multiparty Computation (SMPC) Market share by Deployment Mode, 2023
FIG 10 LAMEA Secure Multiparty Computation (SMPC) Market share by Deployment Mode, 2031
FIG 11 LAMEA Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2031, USD Million
FIG 12 LAMEA Secure Multiparty Computation (SMPC) Market share by Vertical, 2023
FIG 13 LAMEA Secure Multiparty Computation (SMPC) Market share by Vertical, 2031
FIG 14 LAMEA Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2031, USD Million
FIG 15 LAMEA Secure Multiparty Computation (SMPC) Market share by Country, 2023
FIG 16 LAMEA Secure Multiparty Computation (SMPC) Market share by Country, 2031
FIG 17 LAMEA 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.