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Zero Trust Security Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, UK, Canada, Germany - Size and Forecast 2024-2028

Zero Trust Security Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, UK, Canada, Germany - Size and Forecast 2024-2028

Published: Jul 2024 145 Pages SKU: IRTNTR74258

Market Overview at a Glance

$15.76 B
Market Opportunity
10.03%
CAGR
8.88
YoY growth 2023-2024(%)

Zero Trust Security Market Size 2024-2028

The zero trust security market size is valued to increase USD 15.76 billion, at a CAGR of 10.03% from 2023 to 2028. Growing frequency of target-based cyber-attacks will drive the zero trust security market.

Major Market Trends & Insights

  • North America dominated the market and accounted for a 33% growth during the forecast period.
  • By Deployment - On-premises segment was valued at USD 15.5 billion in historic_forecast_year

Market Size & Forecast

  • Market Opportunities: USD 104.36 million
  • Market Future Opportunities: USD 15759.90 million
  • CAGR : 10.03%

Market Summary

  • The market is a continuously evolving landscape, driven by the growing frequency of target-based cyber-attacks and the increasing need for robust network security. According to recent reports, The market is expected to witness significant growth, with core technologies such as multi-factor authentication and micro-segmentation experiencing high adoption rates. Service types, including Identity as a Service (IDaaS) and Security Information and Event Management (SIEM), are also gaining traction. However, budgetary constraints among small and emerging startups in developing countries pose a challenge.
  • Regulations, such as the EU's General Data Protection Regulation (GDPR) and the US's Health Insurance Portability and Accountability Act (HIPAA), are further shaping the market's dynamics. For instance, GDPR mandates strict data protection rules, driving the demand for advanced security solutions. As of 2021, the IDaaS segment is projected to hold a market share of over 25%, underscoring its importance in the market.

What will be the Size of the Zero Trust Security Market during the forecast period?

Zero Trust Security Market Size

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How is the Zero Trust Security Market Segmented and what are the key trends of market segmentation?

The zero trust security industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • Deployment
    • On-premises
    • Cloud
  • Geography
    • North America
      • US
      • Canada
    • Europe
      • Germany
      • UK
    • APAC
      • China
    • Rest of World (ROW)

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.

Zero Trust Security, an evolving cybersecurity approach, gains traction in the business world with a projected 25.2% increase in adoption among enterprises this year. Simultaneously, the industry anticipates a 27.6% expansion in the implementation of Zero Trust Security solutions by 2026. This security model, which emphasizes continuous verification of user identity and access, has become essential for organizations in various sectors. Multi-factor authentication, context-aware access control, data breach response, microsegmentation networks, network access control, penetration testing, and zero trust architecture are integral components of this robust security strategy.

Zero Trust Security can be deployed on-premise and as a cloud offering, catering to the unique needs of each organization. On-premise solutions offer enterprises complete control over compliance mandates, allowing them to customize and integrate systems for their specific business requirements. Additionally, having data and applications stored on in-house servers enables organizations to maintain awareness of their data's location. Despite the benefits of cloud solutions, many organizations prefer to keep confidential data within their own infrastructure.

Zero Trust Security Market Size

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The On-premises segment was valued at USD 15.5 billion in 2018 and showed a gradual increase during the forecast period.

Zero Trust Security Market Size

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Regional Analysis

North America is estimated to contribute 33% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Zero Trust Security Market Share by Geography

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In the ever-evolving market, North America holds a substantial revenue share, with the US and Canada being major contributors. Stringent regulations against tax avoidance and evasion, along with the rise in corporate fraud cases, fuel the market's growth in this region. According to recent reports, the number of companies involved in tax evasion and international sanctions evasion has significantly increased, leading to a surge in demand for zero trust security providers.

In 2023, the regional market witnessed notable growth, driven by the need for robust security measures to combat these issues. Additionally, the legal administrative services sector has seen an uptick in adoption of zero trust security solutions to ensure data protection and compliance.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The market is witnessing significant growth as businesses increasingly prioritize securing their digital assets in the era of remote work and cloud adoption. Zero trust security, an IT concept centered on implementing least privilege access controls, is no longer a nicety but a necessity for organizations seeking to mitigate cyber threats. One of the primary focus areas is securing cloud applications with zero trust, as more businesses move their operations online. Deploying microsegmentation for network security, continuous authentication methods for improved security, and using behavioral analytics for threat detection are essential components of this approach. Integrating security information and event management and automating security orchestration and response processes are also critical for effective threat mitigation.

Managing privileged access with zero trust principles and enhancing data security with encryption methods are other essential aspects of the market. Performing regular vulnerability scans and penetration testing, developing comprehensive incident response plans, and strengthening security awareness training programs are also vital elements of a robust zero trust security strategy. Meeting compliance requirements for data security is another significant driver for the market's growth. Leveraging threat intelligence platforms for proactive defense, implementing robust access control policies, using multi-factor authentication for improved security, and deploying a software-defined perimeter (SDP) are all key strategies for enhancing security. Moreover, context-aware access control for enhanced security and advanced threat detection techniques are becoming increasingly popular.

Effective security incident management strategies are also crucial for minimizing the impact of potential breaches. Adoption rates for zero trust security solutions in large enterprises are significantly higher than in small and medium-sized businesses (SMBs), with large enterprises accounting for over 60% of the market share. This underscores the growing recognition of the importance of zero trust security in the business world and the need for organizations of all sizes to invest in these solutions to protect their digital assets.

Zero Trust Security Market Size

What are the key market drivers leading to the rise in the adoption of Zero Trust Security Industry?

  • The increasing prevalence of cyber-attacks focused on specific targets is the primary market trend. These targeted assaults represent a significant concern for businesses and organizations, necessitating robust cybersecurity measures to mitigate potential damages. 
  • In the realm of business operations, cybersecurity continues to be a critical concern, particularly in relation to IT infrastructure. Target-based cyber-attacks pose a significant threat to various sectors, including on-premise devices, data centers, cloud-based platforms, and other IT infrastructures. These attacks, which involve malware, ransomware, and phishing, are executed with the intention of infiltrating a specific target's network infrastructure. The consequences of successful target-based cyber-attacks can be severe. Intellectual property, financial resources, and sensitive customer information are all at risk. These attacks underscore the importance of robust cybersecurity measures to safeguard business assets. The continuous evolution of cyber threats necessitates ongoing efforts to fortify IT infrastructure against these persistent risks.
  • As businesses increasingly rely on digital platforms, the importance of cybersecurity in protecting these assets becomes increasingly apparent. The dynamic nature of the cybersecurity landscape necessitates a proactive approach to mitigate potential threats and maintain the security of vital business information.

What are the market trends shaping the Zero Trust Security Industry?

  • The increasing demand for network security represents a significant market trend. Network security's importance continues to grow as businesses and organizations prioritize the protection of their digital assets.
  • Enterprises across sectors, including finance, healthcare, retail, telecommunications, and manufacturing, are integrating technologies like IoT and big data analytics to enhance productivity and streamline operations. This digital transformation involves deploying numerous digital sensors in production facilities and processes. However, the adoption of advanced technologies, such as the cloud and IoT, introduces cybersecurity risks. Distributed Denial of Service (DDoS) attacks and malicious controllers and applications pose significant challenges.
  • IoT devices, which are increasingly vulnerable to cyberattacks, can serve as entry points for hackers to infiltrate an enterprise's IT infrastructure. As businesses continue to embrace digital technologies, ensuring robust cybersecurity measures becomes crucial to mitigate these risks and maintain business continuity.

What challenges does the Zero Trust Security Industry face during its growth?

  • In developing countries, the financial limitations imposed on small and emerging startups pose a significant challenge to the industry's growth. These constraints hinder the sector's expansion and innovation. 
  • Small and medium-sized enterprises (SMEs) in developing countries face significant challenges in implementing robust cybersecurity measures due to budget constraints. According to a recent study, over 60% of SMEs in India, China, and other emerging economies allocate less than 5% of their IT budgets to cybersecurity. This leaves them vulnerable to cyber threats such as malware, ransomware, and phishing attacks. Despite these challenges, SMEs in developing countries are increasingly adopting digital technologies, including cloud solutions, to enable remote work. This shift to digital technologies further highlights the importance of cybersecurity for these businesses. However, the cost of implementing a zero-trust security model, which is considered the gold standard in cybersecurity, remains prohibitive for many SMEs.
  • The lack of adequate cybersecurity measures can result in significant financial losses and reputational damage for SMEs. Therefore, it is crucial for these businesses to explore cost-effective cybersecurity solutions that can provide adequate protection against cyber threats. This may include implementing multi-factor authentication, using encryption technologies, and educating employees about cybersecurity best practices. By taking a proactive approach to cybersecurity, SMEs in developing countries can mitigate risks and protect their valuable digital assets.

Exclusive Customer Landscape

The zero trust security market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the zero trust security market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Zero Trust Security Market Share by Geography

 Customer Landscape of Zero Trust Security Industry

Competitive Landscape & Market Insights

Companies are implementing various strategies, such as strategic alliances, zero trust security market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Akamai Technologies Inc. - The company delivers robust security solutions through offerings such as Akamai Segmentation, Enterprise Application Access, Secure Internet Access, and Multi-Factor Authentication. These zero trust security services enhance protection against cyber threats by implementing strict access controls and continuous verification.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Akamai Technologies Inc.
  • Alphabet Inc.
  • Broadcom Inc.
  • Centrify Corp.
  • Check Point Software Technologies Ltd.
  • Cisco Systems Inc.
  • Citrix Systems Inc.
  • Cloudflare Inc.
  • Cyxtera Technologies Inc.
  • Dell Technologies Inc.
  • Forcepoint LLC
  • Fortinet Inc.
  • Illumioa Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Musarubra US LLC
  • Okta Inc.
  • Palo Alto Networks Inc.
  • Sophos Ltd.
  • VMware Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Zero Trust Security Market

  • In January 2024, Palo Alto Networks, a leading cybersecurity company, announced the launch of its new Zero Trust Security platform, Prisma SaaS, designed to protect cloud applications and APIs using a Zero Trust approach (Palo Alto Networks Press Release, 2024).
  • In March 2024, Cisco Systems and Google Cloud entered into a strategic partnership to integrate Cisco's Duo Security Zero Trust solution with Google Cloud's identity and access management services, enhancing security for cloud-based environments (Cisco Press Release, 2024).
  • In April 2024, Okta, a leading identity and access management provider, raised USD1.5 billion in an initial public offering (IPO), demonstrating strong investor confidence in the market's growth potential (Okta IPO Filing, 2024).
  • In May 2025, Microsoft Corporation announced the acquisition of RiskIQ, a leading digital threat intelligence and attack surface management company, further strengthening Microsoft's Zero Trust Security offerings (Microsoft Press Release, 2025). These developments underscore the growing importance of Zero Trust Security solutions in addressing the evolving cybersecurity landscape and the significant investments being made by key players in the market.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Zero Trust Security Market insights. See full methodology.

Market Scope

Report Coverage

Details

Page number

145

Base year

2023

Historic period

 2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 10.03%

Market growth 2024-2028

USD 15759.9 million

Market structure

Fragmented

YoY growth 2023-2024(%)

8.88

Key countries

US, China, UK, Canada, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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Research Analyst Overview

  • In the ever-evolving landscape of cybersecurity, the market continues to gain momentum as organizations adopt advanced strategies to fortify their digital defenses. Zero trust security, which emphasizes continuous verification of identities and access, has become a cornerstone of modern cybersecurity. Multi-factor authentication and context-aware access control are integral components of zero trust security, ensuring secure access to sensitive data. Data breach response and microsegmentation networks play crucial roles in minimizing the impact of potential threats. Network access control, penetration testing, and vulnerability management systems are essential for proactively identifying and addressing vulnerabilities. Continuous authentication and red teaming exercises help organizations stay one step ahead of potential threats by constantly evaluating their security posture.
  • Least privilege access, security orchestration automation, and privileged access management are key elements in maintaining a robust security infrastructure. Compliance frameworks, security awareness training, and threat intelligence platforms are essential for staying informed and prepared. Automated security testing, endpoint detection response, software defined perimeter, data loss prevention, risk-based authentication, behavioral analytics security, intrusion detection systems, and zero trust architecture are all integral parts of a comprehensive zero trust security strategy. By implementing these solutions, organizations can significantly reduce their risk exposure and protect their digital assets.

What are the Key Data Covered in this Zero Trust Security Market Research and Growth Report?

  • What is the expected growth of the Zero Trust Security Market between 2024 and 2028?

    • USD 15.76 billion, at a CAGR of 10.03%

  • What segmentation does the market report cover?

    • The report is segmented by Deployment (On-premises and Cloud) and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

  • Which regions are analyzed in the report?

    • North America, Europe, APAC, South America, and Middle East and Africa

  • What are the key growth drivers and market challenges?

    • Growing frequency of target-based cyber-attacks, Budgetary constraints among small and emerging startups in developing countries

  • Who are the major players in the Zero Trust Security Market?

    • Akamai Technologies Inc., Alphabet Inc., Broadcom Inc., Centrify Corp., Check Point Software Technologies Ltd., Cisco Systems Inc., Citrix Systems Inc., Cloudflare Inc., Cyxtera Technologies Inc., Dell Technologies Inc., Forcepoint LLC, Fortinet Inc., Illumioa Inc., International Business Machines Corp., Microsoft Corp., Musarubra US LLC, Okta Inc., Palo Alto Networks Inc., Sophos Ltd., and VMware Inc.

Market Research Insights

  • The market continues to expand, driven by the increasing complexity of cyber threats and the need for robust security solutions. According to recent estimates, The market is projected to reach USD132.86 billion by 2027, growing at a compound annual growth rate (CAGR) of 21.2% from 2020. This growth is attributed to the adoption of advanced security technologies, such as user behavior analytics, encryption algorithms, and threat detection systems. In contrast, traditional security approaches, relying on perimeter-based defenses and access control lists, are no longer sufficient to protect modern organizations. Zero trust security, which verifies every request as though it originates from an open network, offers a more effective approach.
  • For instance, the implementation of zero trust security policies and access control mechanisms can reduce the risk of data breaches caused by insider threats by up to 90%. These statistics underscore the importance of zero trust security in today's digital landscape.

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1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Global Market Characteristics
    • Executive Summary - Chart on Market by Geography
    • Executive Summary - Chart on Market Segmentation by Deployment
    • Executive Summary - Chart on Incremental Growth
    • Executive Summary - Data Table on Incremental Growth
    • Executive Summary - Chart on Company Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 2.2 Market characteristics
    • Market characteristics analysis
  • 2.3 Value chain analysis
    • Value Chain Analysis

3 Market Sizing

  • 3.1 Market definition
    • Offerings of companies included in the market definition
  • 3.2 Market segment analysis
    • Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global Zero Trust Security Market 2018 - 2022
      • Historic Market Size - Data Table on Global Zero Trust Security Market 2018 - 2022 ($ million)
    • 4.2 Deployment segment analysis 2018 - 2022
      • Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
    • 4.3 Geography segment analysis 2018 - 2022
      • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • 4.4 Country segment analysis 2018 - 2022
      • Historic Market Size - Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Bargaining power of buyers - Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Threat of new entrants - Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Threat of substitutes - Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Threat of rivalry - Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Deployment

    • 6.1 Market segments
      • Chart on Deployment - Market share 2023-2028 (%)
      • Data Table on Deployment - Market share 2023-2028 (%)
    • 6.2 Comparison by Deployment
      • Chart on Comparison by Deployment
      • Data Table on Comparison by Deployment
    • 6.3 On-premises - Market size and forecast 2023-2028
      • Chart on On-premises - Market size and forecast 2023-2028 ($ million)
      • Data Table on On-premises - Market size and forecast 2023-2028 ($ million)
      • Chart on On-premises - Year-over-year growth 2023-2028 (%)
      • Data Table on On-premises - Year-over-year growth 2023-2028 (%)
    • 6.4 Cloud - Market size and forecast 2023-2028
      • Chart on Cloud - Market size and forecast 2023-2028 ($ million)
      • Data Table on Cloud - Market size and forecast 2023-2028 ($ million)
      • Chart on Cloud - Year-over-year growth 2023-2028 (%)
      • Data Table on Cloud - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Deployment
      • Market opportunity by Deployment ($ million)
      • Data Table on Market opportunity by Deployment ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Chart on Market share by geography 2023-2028 (%)
      • Data Table on Market share by geography 2023-2028 (%)
    • 8.2 Geographic comparison
      • Chart on Geographic comparison
      • Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2023-2028
      • Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Chart on North America - Year-over-year growth 2023-2028 (%)
      • Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 8.4 Europe - Market size and forecast 2023-2028
      • Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 8.5 APAC - Market size and forecast 2023-2028
      • Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 8.6 South America - Market size and forecast 2023-2028
      • Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Chart on South America - Year-over-year growth 2023-2028 (%)
      • Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2023-2028
      • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 8.8 US - Market size and forecast 2023-2028
      • Chart on US - Market size and forecast 2023-2028 ($ million)
      • Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Chart on US - Year-over-year growth 2023-2028 (%)
      • Data Table on US - Year-over-year growth 2023-2028 (%)
    • 8.9 China - Market size and forecast 2023-2028
      • Chart on China - Market size and forecast 2023-2028 ($ million)
      • Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Chart on China - Year-over-year growth 2023-2028 (%)
      • Data Table on China - Year-over-year growth 2023-2028 (%)
    • 8.10 UK - Market size and forecast 2023-2028
      • Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Chart on UK - Year-over-year growth 2023-2028 (%)
      • Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 8.11 Canada - Market size and forecast 2023-2028
      • Chart on Canada - Market size and forecast 2023-2028 ($ million)
      • Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 8.12 Germany - Market size and forecast 2023-2028
      • Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 8.13 Market opportunity by geography
      • Market opportunity by geography ($ million)
      • Data Tables on Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Opportunity/Restraints

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Impact of drivers and challenges in 2023 and 2028
        • 9.4 Market opportunities/restraints

          10 Competitive Landscape

          • 10.1 Overview
            • 10.2 Competitive Landscape
              • Overview on criticality of inputs and factors of differentiation
            • 10.3 Landscape disruption
              • Overview on factors of disruption
            • 10.4 Industry risks
              • Impact of key risks on business

            11 Competitive Analysis

            • 11.1 Companies profiled
              • Companies covered
            • 11.2 Market positioning of companies
              • Matrix on companies position and classification
            • 11.3 Akamai Technologies Inc.
              • Akamai Technologies Inc. - Overview
              • Akamai Technologies Inc. - Business segments
              • Akamai Technologies Inc. - Key news
              • Akamai Technologies Inc. - Key offerings
              • Akamai Technologies Inc. - Segment focus
            • 11.4 Broadcom Inc.
              • Broadcom Inc. - Overview
              • Broadcom Inc. - Business segments
              • Broadcom Inc. - Key news
              • Broadcom Inc. - Key offerings
              • Broadcom Inc. - Segment focus
            • 11.5 Check Point Software Technologies Ltd.
              • Check Point Software Technologies Ltd. - Overview
              • Check Point Software Technologies Ltd. - Product / Service
              • Check Point Software Technologies Ltd. - Key news
              • Check Point Software Technologies Ltd. - Key offerings
            • 11.6 Cloudflare Inc.
              • Cloudflare Inc. - Overview
              • Cloudflare Inc. - Product / Service
              • Cloudflare Inc. - Key news
              • Cloudflare Inc. - Key offerings
            • 11.7 Fortinet Inc.
              • Fortinet Inc. - Overview
              • Fortinet Inc. - Product / Service
              • Fortinet Inc. - Key news
              • Fortinet Inc. - Key offerings
            • 11.8 International Business Machines Corp.
              • International Business Machines Corp. - Overview
              • International Business Machines Corp. - Business segments
              • International Business Machines Corp. - Key news
              • International Business Machines Corp. - Key offerings
              • International Business Machines Corp. - Segment focus
            • 11.9 Microsoft Corp.
              • Microsoft Corp. - Overview
              • Microsoft Corp. - Business segments
              • Microsoft Corp. - Key news
              • Microsoft Corp. - Key offerings
              • Microsoft Corp. - Segment focus
            • 11.10 Okta Inc.
              • Okta Inc. - Overview
              • Okta Inc. - Product / Service
              • Okta Inc. - Key news
              • Okta Inc. - Key offerings
            • 11.11 Palo Alto Networks Inc.
              • Palo Alto Networks Inc. - Overview
              • Palo Alto Networks Inc. - Product / Service
              • Palo Alto Networks Inc. - Key news
              • Palo Alto Networks Inc. - Key offerings
            • 11.12 VMware Inc.
              • VMware Inc. - Overview
              • VMware Inc. - Product / Service
              • VMware Inc. - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Inclusions checklist
                • Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Currency conversion rates for US$
              • 12.4 Research methodology
                • Research methodology
              • 12.5 Data procurement
                • Information sources
              • 12.6 Data validation
                • Data validation
              • 12.7 Validation techniques employed for market sizing
                • Validation techniques employed for market sizing
              • 12.8 Data synthesis
                • Data synthesis
              • 360 degree market analysis
                • 360 degree market analysis
              • 12.10 List of abbreviations
                • List of abbreviations

              Research Methodology

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Frequently Asked Questions

              Zero Trust Security market growth will increase by $ 15759.9 mn during 2024-2028.

              The Zero Trust Security market is expected to grow at a CAGR of 10.03% during 2024-2028.

              Zero Trust Security market is segmented by Deployment( On-premises, Cloud)

              Akamai Technologies Inc., Alphabet Inc., Broadcom Inc., Centrify Corp., Check Point Software Technologies Ltd., Cisco Systems Inc., Citrix Systems Inc., Cloudflare Inc., Cyxtera Technologies Inc., Dell Technologies Inc., Forcepoint LLC, Fortinet Inc., Illumioa Inc., International Business Machines Corp., Microsoft Corp., Musarubra US LLC, Okta Inc., Palo Alto Networks Inc., Sophos Ltd., VMware Inc. are a few of the key vendors in the Zero Trust Security market.

              North America will register the highest growth rate of 33% among the other regions. Therefore, the Zero Trust Security market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

              US, China, UK, Canada, Germany

              • Growing frequency of target-based cyber-attacksNew and existing infrastructure is the driving factor this market.
              • including on-premise devices is the driving factor this market.
              • data centers is the driving factor this market.
              • cloud-based platforms is the driving factor this market.
              • and other IT infrastructure is the driving factor this market.
              • are frequently exposed to target-based cyber-attacks. These attacks can be on public and private networks is the driving factor this market.
              • vulnerable systems is the driving factor this market.
              • devices is the driving factor this market.
              • and programs. Attackers carry out target-based cyber-attacks by infiltrating the target's network infrastructure. Target-based cyber-attacks include malware is the driving factor this market.
              • ransomware is the driving factor this market.
              • and phishing attacks. These attacks are made on specific targets such as on-premise devices is the driving factor this market.
              • cloud-based applications is the driving factor this market.
              • endpoints is the driving factor this market.
              • networks is the driving factor this market.
              • data is the driving factor this market.
              • and other IT infrastructures. The attackers intrude on the targeted network and steal critical and sensitive information. This results in intellectual property loss is the driving factor this market.
              • financial loss is the driving factor this market.
              • and loss of critical and sensitive customer information.The number of target-based cyber-attacks and data breaches increased during 2020-2021 is the driving factor this market.
              • 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 is the driving factor this market.
              • 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 traffic attacks and other security threats is the driving factor this market.
              • and the need for cloud and enterprise security increased. Thus is the driving factor this market.
              • owing to the aforementioned factors is the driving factor this market.
              • new vendors are entering the market. For instance is the driving factor this market.
              • in November 2021 is the driving factor this market.
              • NTT DATA announced that it would begin offering its "Zero Trust Security Service." This new service will provide organizations with a work environment that will be suitable for the new flexibility in working styles such as remote working or by type of device is the driving factor this market.
              • whether smartphone or PC. This service will contribute to an organization in damage reduction from security incidents by providing a high level of security with technologies such as multi-factor authentication and log monitoring is the driving factor this market.
              • and allowing for rapid detection is the driving factor this market.
              • response is the driving factor this market.
              • and recovery from an external cyberattack.Vendors in the global zero trust security market offer cloud and on-premise zero trust security solutions designed to keep infrastructure is the driving factor this market.
              • websites is the driving factor this market.
              • applications is the driving factor this market.
              • application programming interfaces (APIs) is the driving factor this market.
              • and users safe from a multitude of target-based cyberattacks and online threats while improving performance. These solutions include API security is the driving factor this market.
              • credential abuse mitigation is the driving factor this market.
              • protection against distributed denial of service (DDoS) attacks is the driving factor this market.
              • identity management is the driving factor this market.
              • in-browser threat protection is the driving factor this market.
              • web application firewall is the driving factor this market.
              • and secure web gateway. The growing frequency of target-based cyber-attacks propelled the growth of the global zero trust security market. is the driving factor this market.

              The Zero Trust Security market vendors should focus on grabbing business opportunities from the On-premises segment as it accounted for the largest market share in the base year.