Today, enterprises are looking for ways to keep their data secure in the cloud. With the global pandemic spurring the adoption of public and hybrid cloud services, data privacy has become more important than ever. And this is where confidential computing has a role to play, providing greater assurance to the companies and leaders that their data in the cloud is protected and is confidential.
With cyber security issues on the rise, especially in the wake of the pandemic, Everest Group predicts the confidential computing market to grow at a CAGR of 90-95% to reach US$54 billion in 2026.