Zero Trust Network Access Market by Deployement and Geography - Forecast and Analysis 2022-2026

The zero trust network access market share is expected to increase by USD 1.41 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 24.8%.

This zero-trust network access market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers zero trust network access market segmentations by deployment (on-premises and cloud) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The zero trust network access (ZTNA) market report also offers information on several market vendors, including Akamai Technologies Inc., Amazon.com Inc., Cisco Systems Inc., Citrix Systems Inc., Cloudflare Inc, Fortinet Inc., InstaSafe Technologies Pvt. Ltd., International Business Machines Corp., Ivanti Software Inc., Jamf Software LLC, JumpCloud Inc., Microsoft Corp, Netskope Inc., Palo Alto Networks Inc., Progress Software Corp., SonicWall Inc., The Carlyle Group Inc., Thoma Bravo LP, Unisys Corp., and VMware Inc. among others.

What will the Zero Trust Network Access Market Size be During the Forecast Period?

Download Report Sample to Unlock the Zero Trust Network Access Market Size for the Forecast Period and Other Important Statistics

 

Zero Trust Network Access Market: Key Drivers, Trends, and Challenges

The growing frequency of target-based cyber-attacks is notably driving the zero trust network access market growth, although factors such as budgetary constraints among small and emerging startups in developing countries may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the zero-trust network access industry. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.

Key Zero Trust Network Access Market Driver

The growing frequency of target-based cyber-attacks is one of the major drivers impacting the zero-trust network access market growth. The number of target-based cyber-attacks and data breaches increased during 2020, which can be attributed to the increased vulnerability that enterprises faced during the pandemic. In response to governmental directives and recommended safety measures to reduce COVID-19 cases, enterprises modified their workplace practices globally. The digital ways of doing business became the new business continuity plan (BCP) for various organizations. Organizations made use of remote access to continue their business operations. This resulted in many employees working remotely for extended periods. Employees made use of digital technologies such as cloud solutions to work remotely. This accelerated attack traffic and other security threats, and the need for cloud and enterprise security increased.

Key Zero Trust Network Access Market Trend

High demand for improved visibility due to the rise in IoT traffic among enterprises is one of the major trends influencing the zero-trust network access (ZTNA) market growth. Many IoT devices are vulnerable to compromise and could serve as a means for an attacker to hack into an enterprise's IT infrastructure. Often, these devices are mass-produced and identical, which allows the attacker to learn how to infiltrate them. A hacker could hack into an IoT device with a default or weak password from a list of common default passwords. IoT devices that are not routinely updated could be compromised by a hacker exploiting a known flaw in the software. Compromised IoT devices could then be used to disrupt enterprise networks. Malware could be loaded onto an unsecured enterprise network through a connected IoT device that has been compromised. For instance, in January 2020, Telnet credentials of more than 515,000 servers, routers, and IoT devices were compromised as they were leaked by a hacker on a hacking forum. IoT security attacks also include using botnets by cybercriminals to attack IoT devices connected to several other devices, such as laptops, desktops, and smartphones.

Key Zero Trust Network Access Market Challenge

Budgetary constraints among small and emerging startups in developing countries are one of the major challenges impeding the zero-trust network access market growth. Design and implementation challenges to deploying zero trust network access solutions Small firms and emerging startups, especially in developing countries, such as India and China, have budgetary constraints to deploy cybersecurity solutions due to the lack of capital. These enterprises have high cybersecurity requirements to safeguard their network and IT infrastructure from various cyber security attacks. However, the budget planned by these enterprises to address these requirements is not sufficient. Due to their limited capital funding, many emerging startups, and small- and medium-sized companies in developing countries fail to adopt the zero trust security model. As a result, they are vulnerable to cybersecurity attacks such as malware, ransomware, and phishing attacks.

This zero-trust network access market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the zero-trust network access market as a part of the global software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the ZTNA market during the forecast period.

Who are the Major Zero Trust Network Access Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• Akamai Technologies Inc.
• Amazon.com Inc.
• Cisco Systems Inc.
• Citrix Systems Inc.
• Cloudflare Inc
• Fortinet Inc.
• InstaSafe Technologies Pvt. Ltd.
• International Business Machines Corp.
• Ivanti Software Inc.
• Jamf Software LLC
• JumpCloud Inc.
• Microsoft Corp
• Netskope Inc.
• Palo Alto Networks Inc.
• Progress Software Corp.
• SonicWall Inc.
• The Carlyle Group Inc.
• Thoma Bravo LP
• Unisys Corp.
• VMware Inc.

 

This statistical study of the ZTNA market encompasses successful business strategies deployed by the key vendors. The zero trust network access (ZTNA) market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The zero trust network access market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Zero Trust Network Access Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the ZTNA market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Zero Trust Network Access Market?

For more insights on the market share of various regions Request PDF Sample now!

38% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for the zero-trust network access market in North America. Market growth in this region will be faster than the growth of the market in other regions.

Significant research and development (R&D) activities in the region will facilitate the zero trust network access market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, governments in countries such as the US and Canada imposed lockdowns and other COVID-19-related restrictions such as social distancing. The pandemic compelled the organizations in this region to shift to the remote workforce. Owing to this, the remote access to the networks and security systems of organizations increased substantially. As a result, organizations became more vulnerable to successful cyber-attack and information security incidents, while the workforce of these organizations worked remotely. The COVID-19 pandemic propelled the growth of the ZTNA market in the region, with enterprises investing in securing their networks, endpoints, and IT infrastructure with a zero trust security framework.

What are the Revenue-generating Deployment Segments in the Zero Trust Network Access Market?

To gain further insights on the market contribution of various segments Request a PDF Sample

The zero trust network access market share growth by the on-premises segment will be significant during the forecast period. Organizations prefer to keep confidential data in-house rather than turning it over to a cloud provider. Additionally, on-premise solutions allow ownership and control of security monitoring, which offers a flexible and adaptive security program. This is expected to increase the demand for on-premises deployment during the forecast period. The increasing activities of cyber criminals who are successfully penetrating and moving laterally within the security perimeter are expected to drive the on-premise implementation of zero trust network access in organizations during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the zero trust network access (ZTNA) market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Zero Trust Network Access Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 24.8%
Market growth 2022-2026	$ 1.41 billion
Market structure	Fragmented
YoY growth (%)	15.0
Regional analysis	North America, Europe, APAC, South America, and the Middle East and Africa
Performing market contribution	North America at 38%
Key consumer countries	US, Canada, China, UK, and Germany
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Akamai Technologies Inc., Amazon.com Inc., Cisco Systems Inc., Citrix Systems Inc., Cloudflare Inc, Fortinet Inc., InstaSafe Technologies Pvt. Ltd., International Business Machines Corp., Ivanti Software Inc., Jamf Software LLC, JumpCloud Inc., Microsoft Corp, Netskope Inc., Palo Alto Networks Inc., Progress Software Corp., SonicWall Inc., The Carlyle Group Inc., Thoma Bravo LP, Unisys Corp., and VMware Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Zero Trust Network Access Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive zero trust network access market growth during the next five years
• Precise estimation of the zero trust network access market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the zero trust network access industry across North America, Europe, APAC, South America, the Middle East, and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of zero trust network access market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch