Wednesday, July 30, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

Secure Multiparty Computation (SMPC) Market Key Players Analysis – Microsoft, IBM, Google, Fireblocks, Blockdaemon.

December 6, 2024
in Artificial Intelligence, Blockchain, Cryptocurrencies, Decentralized Finance, OpenPR, Web3
Reading Time: 8 mins read
5
SHARES
245
VIEWS
Share on TwitterShare on LinkedInShare on Facebook
Secure Multiparty Computation (SMPC) Market

Secure Multiparty Computation (SMPC) Market

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Secure Multiparty Computation (SMPC) Market – (By Offering (Solution, Services), By Deployment Mode (Cloud, On-Premises), By Vertical (Banking, Financial Services, and Insurance (BFSI), IT & ITeS, Government, Healthcare, Retail and eCommerce)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031.”

According to the latest research by InsightAce Analytic, the Global Secure Multiparty Computation (SMPC) Market is valued at US$ 766.9 Mn in 2023, and it is expected to reach US$ 1,642.8 Mn by 2031, with a CAGR of xx% during the forecast period of 2024-2031.

Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/2572

Secure Multiparty Computation (SMPC) is a cryptographic method that enables multiple entities to collaboratively perform a computation on their respective inputs while ensuring the privacy of those inputs. Each participant possesses a specific set of facts, and Secure Multi-participant Computation (SMPC) allows them to work together on calculations without disclosing their distinct inputs to each other.

The expansion of secure multiparty computation is propelled by the demand for private key security with SMPC and increased compliance with data privacy regulations. Additionally, the necessity for data security and enhanced situational awareness for secure computation drives the adoption of SMPC, enabling organizations to address evolving security challenges proactively. The emergence of AI, ML, and blockchain technologies into SMPC solutions drives significant growth by securing computation and enhancing data security.

Advances in AI and cryptographic techniques make SMPC more efficient, enabling scalable solutions that can handle large datasets and complex computations. The combination of AI and SMPC enhances scalability and accessibility, allowing organizations of all sizes to benefit from these technologies. The secure multiparty computation (SMPC) market revolves around technologies enabling multiple parties to compute a function collaboratively without revealing their private inputs. The growing demand for privacy-preserving computations in sectors like finance, healthcare, and government propels this market. SMPC solutions offer a way to balance data utility with privacy, addressing concerns in an era of increasing data breaches and privacy regulations. However, the market faces challenges such as performance optimization, user adoption, and the need for standardized protocols.

List of Prominent Players in the Secure Multiparty Computation (SMPC) Market:
• Microsoft
• IBM
• Google
• Fireblocks
• Blockdaemon
• Qredo
• Penta Security
• Zengo
• CYBAVO
• Liminal Custody
• Spatium
• Sharemind
• Atato
• Web3Auth
• Patricia Blockchain
• Orochi Network
• Binance
• Pyte
• Roseman Labs
• MPCVault
• DuoKey
• Linksight
• HyperBC

Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2024-02

Market Dynamics:
Drivers-
Increasing data privacy concerns, regulatory compliance requirements, and the growing need for secure data collaboration drive the secure multiparty computation (SMPC) market. As organizations handle sensitive information, SMPC offers a way to perform computations without revealing individual data inputs, enhancing security. The rise in cyber threats & data breaches further fuels demand for SMPC solutions. Additionally, advancements in cryptographic techniques and the expanding use of SMPC in sectors like finance, healthcare, and research contribute to market growth, ensuring secure and private data processing across various applications.

Challenges:
The SMPC market, which encompasses methods for parties to collaboratively determine a function over their inputs while maintaining input privacy, has numerous problems. One major challenge is the trade-off between computational efficiency and security, as more secure protocols can be significantly slower. It can deter potential users who require quick results for time-sensitive applications. Additionally, the complexity of SMPC protocols can be a barrier to entry for non-experts, limiting the market’s reach. Interoperability between different SMPC systems and protocols is another issue, as it can be difficult to ensure compatibility and security when combining different technologies. Furthermore, the market must contend with the evolving threat landscape, where new attacks and vulnerabilities require continuous protocol updates and improvements.

Regional Trends:
The Asia-Pacific secure multiparty computation (SMPC) market is experiencing growth due to increasing digitalization and a rising need for data privacy and security across various sectors. The market is driven by the adoption of SMPC solutions in finance, healthcare, and government for secure data sharing and analysis. However, challenges such as technical complexity, scalability, and the need for skilled professionals may impact its expansion. The region’s diverse regulatory environment also requires tailored solutions, adding to the complexity of market development. Besides, Europe had a remarkable share in the market due to the developed economy and the adoption of new strategies by the major players in the secure multiparty computation (SMPC) market. The global secure multiparty computation (SMPC) market has the potential for growth due to the existence of influential industry players and the growing collaboration among them to expand their market share in the region.

Recent Developments:
• In Apr 2024, Fireblocks added two new security features to its DeFi suite: dApp Protection and Transaction Simulation. Given the remarkable expansion of the DeFi industry, it has become increasingly crucial to implement proactive security measures. Fireblocks introduced new security enhancements in response to attackers leveraging the technical and opaque properties of DeFi. These features enhance the capabilities of institutional firms by offering real-time identification of threats, providing clear understanding of contract calls, and implementing preventive actions against hostile activity.
• In October 2022, an enterprise-ready privacy-enhanced data collaboration platform was released by Duality Technologies, the industry leader in secure data collaboration for businesses. It allows businesses to exchange and collaboratively analyze sensitive data while maintaining privacy and regulatory compliance. To calculate data without revealing it, Duality easily interacts with OpenFHE, the top open-source fully homomorphic encryption library. These consist of differential privacy, federated learning, multiparty computation, completely homomorphic encryption, and more.

Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/2572

Segmentation of Secure Multiparty Computation (SMPC) Market-

By Offering:
• Solution
• Services
By Deployment Mode:
• Cloud
• On-Premises
By Vertical:
• Banking, Financial Services, and Insurance (BFSI)
• IT & ITeS
• Government
• Healthcare
• Retail and eCommerce
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

Empower Your Decision-Making with 180 Pages Full Report @ https://www.insightaceanalytic.com/buy-report/2572

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: http://www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com

This release was published on openPR.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

Mobile Edge Computing Market Set to Grow at 49.7% CAGR to US$ 58.4 Bn by 2032

Next Post

United States Autonomous Cars Market: 2024, Share & Size Analysis, Growth, Trends, Report Forecast by 2031 | Tesla Inc., General Motors, Ford

Related Posts

North Pole Security Raises $4M to Bring Scalable, Proactive Endpoint Protection to the Enterprise

NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- North Pole Security today announced it has raised $4 million in seed funding to deliver the first scalable, enterprise-grade endpoint protection platform for macOS, designed for proactive malware prevention. Led by Andreessen Horowitz, this infusion of capital will enable North Pole Security...

Read moreDetails

Regula and Indicio Partner to Transform Identity Verification With Verifiable Credentials

RESTON, Va., July 30, 2025 (GLOBE NEWSWIRE) -- Regula, a global developer of identity verification (IDV) solutions and forensic devices, enters a strategic technology partnership with Indicio, a market leader in Verifiable Credential technology and decentralized identity solutions. Together, the two companies will deliver a breakthrough in portable digital trust...

Read moreDetails

happn unveils AI-powered tool to redefine date planning

PARIS, July 30, 2025 (GLOBE NEWSWIRE) -- Real-life dating app happn, has launched Perfect Date — a world-first generative AI feature powered by large language models (LLMs). It helps users move from chatting to meeting-up through tailored location suggestions based on their habits, favorite spots, interests, and geolocation. Emotional AI...

Read moreDetails

Retab raises $3.5M and launches most powerful document AI platform on the market

San Francisco, July 30, 2025 (GLOBE NEWSWIRE) -- AI agents are poised to change the world, but they can't read the documents that run it. Retab, a San Francisco-based startup founded by engineers frustrated by the broken state of document AI, is fixing that. Today, the company announces $3.5 million in...

Read moreDetails

BigCommerce and Feedonomics Deepen Partnership with Google Cloud, Empowering Merchants with Enhanced Discovery, Agentic Search Experiences and AI-Powered Data Enrichment

AUSTIN, Texas, July 30, 2025 (GLOBE NEWSWIRE) -- BigCommerce (Nasdaq: BIGC), a leading open SaaS ecommerce platform for B2C and B2B businesses, and Feedonomics, a leading data feed management solution, today announced a deepened partnership with Google Cloud to accelerate merchant performance using Google Cloud's next-generation AI tools. The collaboration...

Read moreDetails

Portable Bluetooth Speaker Market Outlook 2024 to 2034: Growth Insights with Sony, JBL, Bose, Anker, Ultimate Ears, Marshall, Sonos, B&O Play, Huawei, Creative

The global portable Bluetooth speaker market, valued at US$ 7,521.6 million in 2024, is projected to reach US$ 20,521 million by 2034, expanding at a CAGR of 10.6%, according to a comprehensive report by Fact.MR. This press release highlights key trends, market dynamics, and competitive developments shaping the global portable...

Read moreDetails

Internet of Things (IoT) Market Outlook 2024 to 2034: Growth Insights with Amazon Web Services, AT&T, Cisco Systems, Google, Oracle, Dell, Microsoft

The global Internet of Things (IoT) market, valued at US$ 190,180.8 million in 2024, is projected to reach US$ 883,156.2 million by 2034, expanding at a robust CAGR of 16.6%, according to a comprehensive report by Fact.MR. This press release highlights key trends, market dynamics, and competitive developments shaping the...

Read moreDetails

2025-2034 Mobile Virtual Network Operator (MVNO) Market Roadmap: Insights for Competitive Advantage

Mobile Virtual Network Operator MVNO Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsHow Large Will the Mobile Virtual Network Operator (MVNO) Market Size By 2025?In recent years, the size of the Mobile Virtual Network Operator...

Read moreDetails

Global Whistleblowing Software Market Size 2025 Emerging Demands, Share, Trends, Futuristic Opportunity, Share and Forecast To 2032 | EQS Group AG, Ethicontrol, OU, Expolink Europe Ltd

Whistleblowing Software Market The global whistleblowing software market was valued at US$ 213.2 Mn in 2022 and is expected to reach US$ 381.1 Mn by 2030 at a CAGR of 7.6% between 2023 and 2030.Latest Report, titled "Whistleblowing Software Market" Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent...

Read moreDetails

Transformative Trends Impacting the Mobile Robotics Software Market Landscape: Introducing Technologically Advanced Platforms For Enhanced Efficiency

Mobile Robotics Software Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsHow Large Will the Mobile Robotics Software Market Size By 2025?In recent times, there has been remarkable growth in the mobile robotics software market size....

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    81 shares
    Share 32 Tweet 20
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    45 shares
    Share 18 Tweet 11
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    42 shares
    Share 17 Tweet 11
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    64 shares
    Share 26 Tweet 16
  • 10 Must-Watch Undervalued Cryptos Primed for 2025 Surge

    13 shares
    Share 5 Tweet 3
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • North Pole Security Raises $4M to Bring Scalable, Proactive Endpoint Protection to the Enterprise
  • Regula and Indicio Partner to Transform Identity Verification With Verifiable Credentials
  • happn unveils AI-powered tool to redefine date planning
  • Retab raises $3.5M and launches most powerful document AI platform on the market
  • BigCommerce and Feedonomics Deepen Partnership with Google Cloud, Empowering Merchants with Enhanced Discovery, Agentic Search Experiences and AI-Powered Data Enrichment

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.