North America 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 North America Secure Multiparty Computation (SMPC) Market would witness market growth of 10.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America 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 $443.2 million by 2031. The Canada market is experiencing a CAGR of 12.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 11.8% during (2024 - 2031).

Government agencies and public sector organizations also need secure data processing. National security, law enforcement, and public policy decision-making often require sensitive data analysis across multiple agencies and jurisdictions. SMPC enables secure inter-agency collaboration, ensuring that sensitive information remains protected even when used for critical analyses.

Moreover, intelligence agencies can use SMPC to share and analyse threat information without risking the exposure of classified data. This secure sharing and analysis capability can significantly enhance national security efforts and improve the effectiveness of public sector operations.

North America boasts a dense network of leading technology companies and prominent financial institutions. These entities actively seek secure solutions for data collaboration, and SMPC offers a compelling option that facilitates data sharing while preserving privacy. Finance and insurance comprised 8.3 percent (or $1.7 trillion) of the United States' gross domestic product in 2020. The provision of financial services and products contributes to the facilitation and financing of the export of manufactured commodities and agricultural products from the United States.

Free Valuable Insights: The Secure Multiparty Computation (SMPC) Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.

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.

North America 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

• US
• Canada
• Mexico
• Rest of North America

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

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

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

Chapter 8. North America Secure Multiparty Computation (SMPC) Market by Country
8.1 US Secure Multiparty Computation (SMPC) Market
8.1.1 US Secure Multiparty Computation (SMPC) Market by Offering
8.1.2 US Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.1.3 US Secure Multiparty Computation (SMPC) Market by Vertical
8.2 Canada Secure Multiparty Computation (SMPC) Market
8.2.1 Canada Secure Multiparty Computation (SMPC) Market by Offering
8.2.2 Canada Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.2.3 Canada Secure Multiparty Computation (SMPC) Market by Vertical
8.3 Mexico Secure Multiparty Computation (SMPC) Market
8.3.1 Mexico Secure Multiparty Computation (SMPC) Market by Offering
8.3.2 Mexico Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.3.3 Mexico Secure Multiparty Computation (SMPC) Market by Vertical
8.4 Rest of North America Secure Multiparty Computation (SMPC) Market
8.4.1 Rest of North America Secure Multiparty Computation (SMPC) Market by Offering
8.4.2 Rest of North America Secure Multiparty Computation (SMPC) Market by Deployment Mode
8.4.3 Rest of North America 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 North America Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 2 North America Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 3 North America Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 4 North America Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 5 North America Solution Market by Region, 2020 - 2023, USD Million
TABLE 6 North America Solution Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Services Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Services Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 10 North America Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 11 North America Cloud Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Cloud Market by Country, 2024 - 2031, USD Million
TABLE 13 North America On-Premises Market by Country, 2020 - 2023, USD Million
TABLE 14 North America On-Premises Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 16 North America Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 17 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 18 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 19 North America IT & ITeS Market by Country, 2020 - 2023, USD Million
TABLE 20 North America IT & ITeS Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Government Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Government Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Retail & eCommerce Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Retail & eCommerce Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Secure Multiparty Computation (SMPC) Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Secure Multiparty Computation (SMPC) Market by Country, 2024 - 2031, USD Million
TABLE 31 US Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 32 US Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 33 US Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 34 US Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 35 US Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 36 US Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 37 US Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 38 US Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 39 Canada Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 40 Canada Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 41 Canada Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 42 Canada Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 43 Canada Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 44 Canada Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 45 Canada Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 46 Canada Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 47 Mexico Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 48 Mexico Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 49 Mexico Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 50 Mexico Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 51 Mexico Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 52 Mexico Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 53 Mexico Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 54 Mexico Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 55 Rest of North America Secure Multiparty Computation (SMPC) Market, 2020 - 2023, USD Million
TABLE 56 Rest of North America Secure Multiparty Computation (SMPC) Market, 2024 - 2031, USD Million
TABLE 57 Rest of North America Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2023, USD Million
TABLE 58 Rest of North America Secure Multiparty Computation (SMPC) Market by Offering, 2024 - 2031, USD Million
TABLE 59 Rest of North America Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 60 Rest of North America Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 61 Rest of North America Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2023, USD Million
TABLE 62 Rest of North America Secure Multiparty Computation (SMPC) Market by Vertical, 2024 - 2031, USD Million
TABLE 63 Key Information – Microsoft Corporation
TABLE 64 Key Information – IBM Corporation
TABLE 65 Key Information – Google LLC
TABLE 66 Key Information – Fireblocks Inc.
TABLE 67 Key Information – Blockdaemon
TABLE 68 Key Information – Qredo Services Ltd.
TABLE 69 Key Information – Penta Security Inc.
TABLE 70 Key Information – Zengo Ltd.
TABLE 71 Key Information – Inpher
TABLE 72 Key Information – CYBAVO Pte. Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Secure Multiparty Computation (SMPC) Market share by Offering, 2023
FIG 7 North America Secure Multiparty Computation (SMPC) Market share by Offering, 2031
FIG 8 North America Secure Multiparty Computation (SMPC) Market by Offering, 2020 - 2031, USD Million
FIG 9 North America Secure Multiparty Computation (SMPC) Market share by Deployment Mode, 2023
FIG 10 North America Secure Multiparty Computation (SMPC) Market share by Deployment Mode, 2031
FIG 11 North America Secure Multiparty Computation (SMPC) Market by Deployment Mode, 2020 - 2031, USD Million
FIG 12 North America Secure Multiparty Computation (SMPC) Market share by Vertical, 2023
FIG 13 North America Secure Multiparty Computation (SMPC) Market share by Vertical, 2031
FIG 14 North America Secure Multiparty Computation (SMPC) Market by Vertical, 2020 - 2031, USD Million
FIG 15 North America Secure Multiparty Computation (SMPC) Market share by Country, 2023
FIG 16 North America Secure Multiparty Computation (SMPC) Market share by Country, 2031
FIG 17 North America 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.