Zero Trust Security Market Size - By Network Type, Security Type, Authentication, Enterprise Size, Deployment, End User & Forecast 2023

Description

List of Tables

Zero trust security market size is predicted to record over 17.5% CAGR from 2023 to 2032 driven by the escalating frequency and sophistication of cyber threats. The evolution of remote work practices, the proliferation of cloud services, and the expanding attack surface necessitate a paradigm shift in cybersecurity strategies. According to a recent study by AAG, nearly 236 million ransomware attacks occurred across the globe in the first half of 2022. Such cybersecurity issues are expected to influence the market growth.

Organizations are embracing zero trust security models to authenticate and verify every user and device accessing their network, regardless of their location. The integration of artificial intelligence and machine learning algorithms further enhances threat detection capabilities, ensuring a proactive defense against potential security breaches.

The zero trust security industry is classified based on network type, security type, authentication, enterprise size, deployment, end-user, and region.

Small and Medium-sized Enterprises (SMEs) segment is expected to witness substantial growth through 2032. Recognizing the importance of robust cybersecurity measures, SMEs are increasingly investing in zero trust solutions to protect their sensitive data and intellectual property. The scalability and flexibility offered by these solutions cater to the specific needs of SMEs, enabling them to implement comprehensive security measures without compromising operational efficiency. As the threat landscape evolves, SMEs are leveraging zero trust security to fortify their digital infrastructure and secure their place in the competitive business landscape.

The data security segment is anticipated to grow significantly through 2032. As data is becoming a critical asset for organizations across industries, the protection of sensitive information is paramount. Zero trust security solutions provide a holistic approach to data security by implementing stringent access controls, encryption, and continuous monitoring. As data breaches continue to make headlines, organizations are prioritizing investments in advanced security measures to safeguard their valuable data assets, ensuring compliance with regulatory requirements and maintaining customer trust.

Europe zero trust security market will generate massive revenues over 2023 and 2032. The stringent regulatory landscape, including GDPR (General Data Protection Regulation), is compelling businesses to implement robust security measures to protect customer data and avoid severe penalties. Governments and enterprises alike are investing in these solutions to fortify their networks and mitigate the risks associated with cyber threats. The focus among organizations to prioritize cybersecurity as a strategic imperative will augment the regional market growth.

Product Code: 6923

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Zero trust security market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Component trends
2.5 Deployment trends
2.6 Enterprise size trends
2.7 Security type trends
2.8 Authentication trends
2.9 End-user trends

Chapter 3 Zero Trust Security Market Industry Insights

3.1 Impact on COVID-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Deployment innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Rising cyberattacks and security breaches
  - 3.10.1.2 The proliferation of remote work
  - 3.10.1.3 Rising need for identity verification
  - 3.10.1.4 Increasing regulations and data protection laws
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Complex implementation
  - 3.10.2.2 Continuous verification processes may affect user experience
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Akamai Technologies Inc.
- 4.3.2 Broadcom
- 4.3.3 Centrify Corporation
- 4.3.4 Cisco Systems Inc.
- 4.3.5 Okta Inc.
- 4.3.6 Palo Alto Networks Inc.
- 4.3.7 VMware Inc.
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Zero Trust Security Market Estimates & Forecast, by Component (Revenue)

5.1 Key trends, by component
5.2 Solution
5.3 Services

Chapter 6 Zero Trust Security Market Estimates & Forecast, By Deployment (Revenue)

6.1 Key trends, by deployment
6.2 Cloud
6.3 On-premises

Chapter 7 Zero Trust Security Market Estimates & Forecast, by Enterprise Size (Revenue)

7.1 Key trends, by enterprise size
7.2 Large enterprises
7.3 SMEs

Chapter 8 Zero Trust Security Market Estimates & Forecast, By Security Type (Revenue)

8.1 Key trends, by security type
8.2 Network Security
8.3 Data Security
8.4 Endpoint Security
8.5 Cloud Security
8.6 Others

Chapter 9 Zero Trust Security Market Estimates & Forecast, By Authentication (Revenue)

9.1 Key trends, by authentication
9.2 Single-factor Authentication
9.3 Multi-factor Authentication

Chapter 10 Zero Trust Security Market Estimates & Forecast, By End-user (Revenue)

10.1 Key trends, by end-user
10.2 BFSI
10.3 IT & Telecom
10.4 Healthcare
10.5 Retail
10.6 Government & Defense
10.7 Others

Chapter 11 Zero Trust Security Market Estimates & Forecast, By Region (Revenue)

11.1 Key trends, by region
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Russia
- 11.3.7 Nordics
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 ANZ
- 11.4.6 Southeast Asia
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Argentina
11.6 MEA
- 11.6.1 South Africa
- 11.6.2 Saudi Arabia
- 11.6.3 UAE

Chapter 12 Company Profiles

12.1 Akamai Technologies Inc.
12.2 Appgate
12.3 Broadcom
12.4 Centrify Corporation
12.5 Cisco Systems Inc.
12.6 GoodAccess
12.7 Google LLC
12.8 IBM Corporation
12.9 Illumio
12.10 Microsoft Corporation
12.11 NordLayer
12.12 Okta Inc.
12.13 Palo Alto Networks Inc.
12.14 Perimeter 81
12.15 ThreatLocker
12.16 Twingate
12.17 VMware Inc.
12.18 Zscaler