Zero Trust Security Market Size, Share, Trends, Industry Analysis & Growth 2032

Zero Trust Security Market Insights

According to the report published by Zion Market Research, the global Zero Trust Security Market size was valued at USD 33.87 Billion in 2023 and is predicted to reach USD 92.07 Billion by the end of 2032. The market is expected to grow with a CAGR of 10.5% during the forecast period. The report analyzes the global Zero Trust Security Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Zero Trust Security industry.

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Global Zero Trust Security Market: Overview

Zero trust security is a kind of cybersecurity that works on the zero-assumed must principle. The security solutions need every outsider and insider to provide authentic verification for entering into the secure network. The principal is gaining immense popularity because of its exceptional capabilities in preventing security breaches. Also, it offers a cost-effective, reliable, and simple-to-use security mechanism. Traditional security systems trusted insiders by default making it difficult to oversee a communication transfer and also created several challenges as information can freely flow inside out in a cumbersome, complex, and extremely risky manner.

Global Zero Trust Security Market: Growth Factors

One of the major factors escalating the growth of the global zero trust security market is the increasing frequency of target-based cyber-attacks along with growing regulations for data protection and information security. Targeted attacks are increasingly being witnessed in recent years. Henceforth, the effective infiltration of target network infrastructure and maintenance of anonymity has become vital. The primary objective behind the targeted attack is to penetrate the targeted company and steal critical information.

As a result, organization operations are negatively affected along with the loss of intellectual property, critical & sensitive customer information, and financial assets. The surge in the IoT traffic among enterprises due to the high demand for improved visibility is likely to promulgate the growth of the global zero trust security market during the forecast period. Also, the prominent players are boosting their growing research and development activities to launch the innovative and advanced solution in the market to expand their customer base and strengthen their products portfolio.

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Global Zero Trust Security Market: Segmentation

The global zero trust security market can be segmented into vertical, authentication, development, solution, and region.

By vertical, the market can be segmented into utilities, retail trade, healthcare & social assistance, financial & insurance, IT & ITES, and others.

By organization size, the market can be segmented into large and small & medium enterprises. The large enterprise segment accounts for the largest share in the global zero trust security market due to the transforming policy framework and architecture of the organization to protect critical assets from cyber-attacks. However, the small & medium enterprises segment is expected to witness significant growth in the forthcoming years due to the growing number of startups and medium-sized enterprises all across the globe. Also, the growing willingness of people to invest in such solutions to protect confidential data and assets will further steer the growth of the segment.

By deployment, the market can be segmented into cloud and on-premise. The cloud segment holds the largest share in the global zero trust security market due to its growing adoption rate. The on-premise deployment segment is expected to witness significant growth in the coming years due to the fact that it enables more controls over zero-touch security solutions like next-generation intrusion prevention systems and next-generation firewall systems.

By solution, the market can be segmented into API security, security orchestration automation & response, endpoint security, data security, security policy management, and others.

Zero Trust Security Market: Report Scope

Global Zero Trust Security Market: Regional analysis

North America accounts for the largest share in the global zero trust security market due to the presence of prominent market players in the region. Moreover, the growing research and development activities along with growing funding from the key leaders to launch innovative solutions in the market will further steer the growth of the regional market during the forecast period.

Asia Pacific is expected to witness significant growth in the forthcoming years due to the growing number of startups and small & medium enterprises adopting these solutions to prevent data theft and financial loss to the organization.

Global Zero Trust Security Market: Competitive Players

Some of the significant players in the global zero trust security market are:

• Symantec
• Sophos Group PLC
• Pulse Secure, LLC
• Palo Alto Networks, Inc
• Okta, Inc
• Google
• Forcepoint
• Cisco Systems
• Centrify Corporation
• Akamai Technologies
• VMWare Inc.
• Cyxtera Technologies
• Trend Micro Inc.
• Check Point Software Technologies
• Akamai Technologies.

The Global Zero Trust Security Market is segmented as follows:

By vertical 

• utilities
• retail trade
• healthcare & social assistance
• financial & insurance
• IT & ITES 
• and others

By authentication 

• large
• small & medium enterprises 

By development 

• cloud 
• on-premise

By solution 

• API security
• security orchestration automation & response
• endpoint security 
• data security
• security policy management
• and others

Global Zero Trust Security Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.