The global zero trust security market is expected to grow at an impressive CAGR in the forecast period, 2023-2027. Increasing concerns about data privacy and security, digitalization of prominent industry verticals, and untapped growth potential in developing countries are the primary factors influencing the demand for the global zero trust security market in the next five years.

Zero trust security is a kind of cyber-security solution in which every user must provide authentication details before entering the secure network. These solutions are reliable, cost-effective, and are easy to use. Enterprises are moving from an on-premises model to hybrid and cloud environments. Organizations need to adopt advanced security solutions that are flexible to adapt according to the complexity of modern systems, which in turn paves the way for the global zero trust security market growth. 

The Rise in Adoption of IoT Devices Drives the Market Growth

The expected roll-out of 5G technology and the growing internet penetration in developing countries accelerate the demand for smart devices among consumers. Enterprises belonging to different industry verticals are adopting IoT devices to improve data connectivity and increasing stringency in standards and policies to maintain data security and privacy is bolstering the adoption of advanced data security solutions. IoT devices establish a real-time connection between the users, and the growing adoption of IoT devices is increasing the chances of cyberattacks on the devices. Zero trust security solution helps organizations deal with critical information and personal information by increasing the visibility of users accessing the network from different locations, times, and various applications. 

With the growing amount of data generated, the need to secure the data to prevent unauthorized access influences the demand for advanced security solutions. Ongoing digital transformation and increased adoption of cloud-based infrastructure by enterprises to optimize and streamline business operations are expected to be significant drivers for the global zero trust security market in the forecast period. 

Growing Frequency of Cyber-Attacks is Boosting the Market Demand

The adoption of digital platforms by major industry verticals and the growing number of internet users generates large volumes of confidential data. Access to this information may result in substantial financial losses. The ever-increasing cases of target cyber-attacks in which the attacker's attack device, network, endpoint, data, and other IT infrastructure steal the critical information raise security concerns. Organizations prefer to invest in advanced security solutions that would prevent the loss of intellectual property, critical and personal information, and financial losses. The growing focus on safeguarding the IT infrastructure of organizations is expected to fuel the demand for the global zero trust security market in the forecast period. 


Market Segmentation

The global zero trust security market is segmented based on solution type, authentication type, organization size, deployment type, vertical, company, and regional distribution. Based on the solution type, the market is divided into network security, data security, end point security, security orchestration automation & response, API security, and others. Based on the authentication type, the market is divided into single-factor authentication and multi-factor authentication. Based on the organization size, the market is divided into large enterprises and small & medium enterprises. Based on the deployment mode, the market is divided into cloud and on-premises. Based on the vertical, the market is divided into IT and ITES, BFSI, healthcare & social assistance, retail trade, utilities, and others. The market analysis also studies the regional segmentation based on the North American region, Asia-Pacific region, European region, South American region, and the Middle East & African region. 

Market Players

Cisco Systems Inc., Akamai Technologies, Check Point Software Technologies Ltd., Palo Alto Networks, McAfee Corporation, Cloudflare Inc., Trend Micro, Inc., Symantec Corporation, Inc., IBM Corporation, Microsoft Corporation, Google Inc. are the major market players leading the growth of global zero trust security market.

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Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Solution Type

·         Authentication Type

·         Organization Size

·         Deployment Type

·         Vertical

Regional scope

North America; Asia Pacific; Europe; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Singapore; Malaysia; Germany; United Kingdom; France; Italy; Spain; Poland; Denmark; Brazil; Argentina; Colombia; Poland; Denmark; Saudi Arabia; South Africa; UAE; Iraq; Turkey

Key companies profiled

Cisco Systems Inc., Akamai Technologies, Check Point Software Technologies Ltd., Palo Alto Networks, McAfee Corporation, Cloudflare Inc., Trend Micro, Inc., Symantec Corporation, Inc., IBM Corporation, Microsoft Corporation, Google Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global zero trust security market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Zero Trust Security Market, By Solution Type:
    • Network Security
    • Data Security
    • End Point Security
    • Security Orchestration Automation & Response
    • API Security
    • Others
  • Zero Trust Security Market, By Authentication Type:
    • Single-factor Authentication
    • Multi-factor Authentication
  • Zero Trust Security Market, By Organization Size:
    • Large Enterprises
    • Small & Medium Enterprises
  • Zero Trust Security Market, By Deployment Type:
    • Cloud
    • On-premises
  • Zero Trust Security Market, By Vertical:
    • IT and ITES
    • BFSI
    • Healthcare & Social Assistance
    • Retail Trade
    • Utilities
    • Others
  • Zero Trust Security Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Poland
      • Denmark
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile
    • Middle East & Africa

§  Saudi Arabia

§  South Africa

§  UAE

§  Iraq

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global zero trust security market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Zero Trust Security Market

4.    Executive Summary

5.    Voice of Customers

5.1.1.     Brand Awareness

5.1.2.     Factors Considered while Selecting Supplier

5.1.3.     Customer Satisfaction Level

5.1.4.     Major Challenges Faced

6.    Global Zero Trust Security Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Solution Type (Network Security, Data Security, End Point Security, Security Orchestration Automation & Response, API Security, Others)

6.2.2.     By Authentication Type (Single-factor Authentication and Multi-factor Authentication)

6.2.3.     By Organization Size (Large Enterprises and Small & Medium Enterprises)

6.2.4.     By Deployment Type (Cloud and On-premises)

6.2.5.     By Vertical (IT and ITES, BFSI, Healthcare & Social Assistance, Retail Trade, Utilities and Others)

6.2.6.     By Region

6.2.7.     By Company

6.3.  Product Market Map

7.    North America Zero Trust Security Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Solution Type

7.2.2.     By Authentication Type

7.2.3.     By Organization Size

7.2.4.     By Deployment Type

7.2.5.     By Vertical

7.2.6.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Zero Trust Security Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Solution Type

7.3.1.2.2.             By Authentication Type

7.3.1.2.3.             By Organization Size

7.3.1.2.4.             By Deployment Type

7.3.1.2.5.             By Vertical

7.3.2.     Canada Zero Trust Security Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Solution Type

7.3.2.2.2.             By Authentication Type

7.3.2.2.3.             By Organization Size

7.3.2.2.4.             By Deployment Type

7.3.2.2.5.             By Vertical

7.3.3.     Mexico Zero Trust Security Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Solution Type

7.3.3.2.2.             By Authentication Type

7.3.3.2.3.             By Organization Size

7.3.3.2.4.             By Deployment Type

7.3.3.2.5.             By Vertical

8.    Asia-Pacific Zero Trust Security Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Solution Type

8.2.2.     By Authentication Type

8.2.3.     By Organization Size

8.2.4.     By Deployment Type

8.2.5.     By Vertical

8.2.6.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Zero Trust Security Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Solution Type

8.3.1.2.2.             By Authentication Type

8.3.1.2.3.             By Organization Size

8.3.1.2.4.             By Deployment Type

8.3.1.2.5.             By Vertical

8.3.2.     India Zero Trust Security Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Solution Type

8.3.2.2.2.             By Authentication Type

8.3.2.2.3.             By Organization Size

8.3.2.2.4.             By Deployment Type

8.3.2.2.5.             By Vertical

8.3.3.     Japan Zero Trust Security Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Solution Type

8.3.3.2.2.             By Authentication Type

8.3.3.2.3.             By Organization Size

8.3.3.2.4.             By Deployment Type

8.3.3.2.5.             By Vertical

8.3.4.     South Korea Zero Trust Security Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Solution Type

8.3.4.2.2.             By Authentication Type

8.3.4.2.3.             By Organization Size

8.3.4.2.4.             By Deployment Type

8.3.4.2.5.             By Vertical

8.3.5.     Australia Zero Trust Security Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Solution Type

8.3.5.2.2.             By Authentication Type

8.3.5.2.3.             By Organization Size

8.3.5.2.4.             By Deployment Type

8.3.5.2.5.             By Vertical

8.3.6.     Singapore Zero Trust Security Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Solution Type

8.3.6.2.2.             By Authentication Type

8.3.6.2.3.             By Organization Size

8.3.6.2.4.             By Deployment Type

8.3.6.2.5.             By Vertical

8.3.7.     Malaysia Zero Trust Security Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Solution Type

8.3.7.2.2.             By Authentication Type

8.3.7.2.3.             By Organization Size

8.3.7.2.4.             By Deployment Type

8.3.7.2.5.             By Vertical

9.    Europe Zero Trust Security Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Solution Type

9.2.2.     By Authentication Type

9.2.3.     By Organization Size

9.2.4.     By Deployment Type

9.2.5.     By Vertical

9.2.6.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Zero Trust Security Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Solution Type

9.3.1.2.2.             By Authentication Type

9.3.1.2.3.             By Organization Size

9.3.1.2.4.             By Deployment Type

9.3.1.2.5.             By Vertical

9.3.2.     United Kingdom Zero Trust Security Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Solution Type

9.3.2.2.2.             By Authentication Type

9.3.2.2.3.             By Organization Size

9.3.2.2.4.             By Deployment Type

9.3.2.2.5.             By Vertical

9.3.3.     France Zero Trust Security Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Solution Type

9.3.3.2.2.             By Authentication Type

9.3.3.2.3.             By Organization Size

9.3.3.2.4.             By Deployment Type

9.3.3.2.5.             By Vertical

9.3.4.     Italy Zero Trust Security Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Solution Type

9.3.4.2.2.             By Authentication Type

9.3.4.2.3.             By Organization Size

9.3.4.2.4.   &nb