Hi All,
This report presents an analysis of the cryptography products and services market in the EU as it has evolved from the point of view of the cybersecurity market under the Cybersecurity Act.
The main conclusions of this analysis include that:
• cryptography-as-a-service is expected to grow over the next 2–3 years in spite of the perceived complexity on the demand side;
• regulatory compliance was assessed as the top business driver for the supply side;
• the adoption of digital identities by EU Member States is driving the crypto market in that specific area;
• there is a need to set up a centralised EU open-source software (OSS) repository for lightweight crypto libraries;
• there is a need to develop guidance to vendors concerning the integration of OSS components into products, notably internet of things (IoT) ones;
• at research level, privacy-enhancing cryptography (PEC) emerges as the most significant cryptography research theme.
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Michael Roza CPA, CISA, CIA, CC, CCSKv5, CCZTv1, MBA, EMBA, CSA
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