The global zero trust security solutions market size is expected to reach USD 69.85 Billion in 2028 and register a steady revenue CAGR of 17.2% over the forecast period, according to latest analysis by Emergen Research. Major factors driving market revenue growth are increasing numbers of cyberattacks, presence of stringent regulations for information security and data protection, and increasing digitalization in developing countries. Zero trust security is an IT security framework that requires authentic verification from every single device, user, or machine that attempts to connect or access a private network.
Zero trust security solution uses advanced authentication technologies such as Multi-Factor Authentication (MFA), next-generation endpoint security technology, identity and access management (IAM), and identity protection. MFA is a type of verification method that requires a user or any device to provide two or more authentication values to provide access to a network or resource such as an online account, application, or VPN. North America accounted for largest revenue share in the global market in 2020. Increasing investment by private investors in network security infrastructure and robust presence of major companies are some key factors driving revenue growth of the market in this region.
The latest report on Zero Trust Security Solutions Market offers readers a deeper understanding of the potential target consumers to create a lucrative marketing strategy for the forecast duration from 2020 to 2028. It shall prove particularly helpful for entrepreneurs looking for information on potential customers. Selective public statements released by leading vendors will allow entrepreneurs to acquire a deeper understanding of the local market and prospective clients. The Global Zero Trust Security Solutions Market is growing rapidly and has witnessed significant advancement in recent years, with vital data becoming increasingly accessible and the shift from traditional analysis platforms to self-service analytics, which has dominated the market.
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To offer a more robust business perspective, this study on the global Zero Trust Security Solutions market involves key predictions to give the reader a deeper understanding of the sector. Analysts believe that this research report will be beneficial for financial experts, regulatory bodies, and policymakers. Independent research institutions, non-profit organizations, and corporate entities in the sectors can also leverage the insights offered by this report.
The market intelligence report on the Zero Trust Security Solutions Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Top key Companies in Zero Trust Security Solutions Market include are:
Cisco Systems Inc., Akamai Technologies, Inc., Palo Alto Networks, Inc., Symantec Corporation, Okta, Inc., Forcepoint, LLC., Centrify Corporation, Cyxtera Technologies, Illumio, and Sophos Group Plc.
While conducting primary research, the researchers observed that the rapid growth of the Zero Trust Security Solutions Market through the forecast duration is driven by the niche and emerging opportunities for the producers engaged in the worldwide Zero Trust Security Solutions market. The worldwide Zero Trust Security Solutions market has been categorized as product, end-user, and major geographic regions.
For the purpose of this report, Emergen Research has segmented the global zero trust security solutions market based on type, deployment mode, end-use and region:
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Data Security
- API Security
- Endpoint Security
- Security Policy Management
- Security Analytics
- Deployment Mode Outlook (Revenue: USD Billion; 2018–2028)
- End-Use Outlook (Revenue: USD Billion; 2018–2028)
- IT & Telecommunication
- Retail & E-commerce
- Energy and Utility
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Some Key Findings From the Report:
- In April 2020, Google launched zero-trust approach-based product BeyondCorp Remote Access. This product allows employees to access internal web applications from any device, and from any location, without virtual private network or VPN.
- Data security segment accounted for largest revenue share in the global market in 2020. This can be attributed to increasing volumes of digital data and rising concerns regarding data security.
- Asia Pacific is expected to register fastest revenue CAGR throughout the forecast period. Increasing number of SMEs and developments across the IT sector are key factors driving revenue growth of the market in this region.
Region wise performance of the Zero Trust Security Solutions industry
This report studies the global Zero Trust Security Solutions market status and forecast, categorizes the global Zero Trust Security Solutions market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Table of Content
Chapter 1. Methodology & Sources
1.1. Zero Trust Security Solutions Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Zero Trust Security Solutions Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Zero Trust Security Solutions Market Segmentation & Impact Analysis
4.1. Zero Trust Security Solutions Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Zero Trust Security Solutions Market indicators analysis
4.2.2. Zero Trust Security Solutions Market drivers analysis
184.108.40.206. Rapid urbanization and industrialization
220.127.116.11. Stringent government regulations regarding carbon emissions
18.104.22.168. Increasing prevalence of respiratory diseases
22.214.171.124. Rising need to enhance indoor air quality
4.2.3. Zero Trust Security Solutions Market restraints analysis
126.96.36.199. High cost associated with the maintenance of Zero Trust Security Solutions products
188.8.131.52. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Zero Trust Security Solutions Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/773
The Zero Trust Security Solutions research focuses on the possible strengths, drivers, restraints, challenges, threats, opportunities, which can impact the progress of the global Zero Trust Security Solutions market. The viability of new projects and launches has also been evaluated by analysts in this report.
Reasons to buy the report:
- This study segments the Zero Trust Security Solutions market and derives the precise valuation of the overall, as well as segment-based, market across different industry verticals, geographies, and products.
- The report will help participants understand the trajectory of the progress of the market and provide information on key drivers, restraints, challenges, threats, and opportunities for the growth of the Zero Trust Security Solutions sector.
- This report would allow readers to be well-versed with the existing competition and gain more insights to improve their standing in the worldwide business. The competitive landscape considers the dominant competitors, along with product launches and technological advancements, strategic expansions, mergers and acquisitions, and procurement strategies implemented by key players in the market.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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