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Global Homomorphic Encryption Supply, Demand and Key Producers, 2026-2032

Publisher GlobalInfoResearch
Published Jan 05, 2026
Length 96 Pages
SKU # GFSH20813050

Description

The global Homomorphic Encryption market size is expected to reach $ 760 million by 2032, rising at a market growth of 13.6% CAGR during the forecast period (2026-2032).

Homomorphic Encryption (HE, homomorphic encryption) is a special encryption mode in cryptography. Homomorphic Encryption allows users to send the encrypted cipher text to any third party for calculation, and does not need to be decrypted before calculation. Calculate on the cipher text. Although the concept of homomorphic encryption first appeared 30 years ago, the first fully homomorphic encryption framework that supports arbitrary operations on cipher text appeared late, and was proposed by Craig Gentry in 2009. Homomorphic Encryption is a form of encryption that allows an encrypted file to be calculated to generate an encrypted result that matches the result of the operation performed on the plaintext after decryption. The purpose of Homomorphic Encryption is to allow calculations on encrypted data.

The Homomorphic Encryption is mainly classified into the following types: Partially Homomorphism and Fully Homomorphism. And Fully Homomorphism is the most widely used type which took up about 92% of the global.

Homomorphic Encryption is mainly used in Government, Financial & Insurance, Health Care, Industrial and Others. And Financial & Insurance is the most widely used area which took up about 30% of the global.

North America is the largest countries of Homomorphic Encryption in the world in the past few years and it will keep increasing in the next few years. North America market took up about 68% the global market, while Europe and Asia-Pacific were about 15%, 12%.

Market barriers of Homomorphic Encryption are high, the main players are Microsoft, IBM, Galois and CryptoExperts, Enveil, Duality Technologies, ShieldIO, HUAWEI among those, IBM mastered the most advanced technology, Microsoft made great progress in the healthcare and biotechnology area; Galois got strong support from DARPA; CryptoExperts, Enveil, Duality Technologies, ShieldIO, HUAWEI are young start-up companies with a huge future, and now, they are cooperating to standardize homomorphic encryption.

This report studies the global Homomorphic Encryption demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Homomorphic Encryption, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Homomorphic Encryption that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Homomorphic Encryption total market, 2021-2032, (USD Million)

Global Homomorphic Encryption total market by region & country, CAGR, 2021-2032, (USD Million)

U.S. VS China: Homomorphic Encryption total market, key domestic companies, and share, (USD Million)

Global Homomorphic Encryption revenue by player, revenue and market share 2021-2026, (USD Million)

Global Homomorphic Encryption total market by Type, CAGR, 2021-2032, (USD Million)

Global Homomorphic Encryption total market by Application, CAGR, 2021-2032, (USD Million)

This report profiles major players in the global Homomorphic Encryption market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Microsoft, IBM Corporation, Galois, CryptoExperts, Enveil, Duality Technologies, ShieldIO, Huawei, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Homomorphic Encryption market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Homomorphic Encryption Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Homomorphic Encryption Market, Segmentation by Type:
Partially Homomorphism
Fully Homomorphism

Global Homomorphic Encryption Market, Segmentation by Application:
Government
Finance and Insurance
Health Care
Industry
Others

Companies Profiled:
Microsoft
IBM Corporation
Galois
CryptoExperts
Enveil
Duality Technologies
ShieldIO
Huawei

Key Questions Answered

1. How big is the global Homomorphic Encryption market?

2. What is the demand of the global Homomorphic Encryption market?

3. What is the year over year growth of the global Homomorphic Encryption market?

4. What is the total value of the global Homomorphic Encryption market?

5. Who are the Major Players in the global Homomorphic Encryption market?

6. What are the growth factors driving the market demand?

Table of Contents

96 Pages
1 Supply Summary
2 Demand Summary
3 World Homomorphic Encryption Companies Competitive Analysis
4 United States VS China VS Rest of World (by Headquarter Location)
5 Market Analysis by Type
6 Market Analysis by Application
7 Company Profiles
8 Industry Chain Analysis
9 Research Findings and Conclusion
10 Appendix
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