PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1425152
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1425152
The zero trust network access market is estimated to grow at a CAGR of 12.86% during the forecast period.
Zero Trust Network Access (ZTNA) is an information technology security solution that enables secure remote access to an organization's applications, information, and services based on explicit access control policies. ZTNA is used to safeguard cloud and on-premises assets, serve diverse and remote workforces, and mitigate the effects of a breach. It is also used to reduce company visibility on the public internet. The increasing adoption of cloud computing and security enhancements has emerged as a significant driving force behind the substantial growth of the zero-trust network access market.
Market Drivers
Cloud computing adoption has substantially contributed to the growth of the Zero Trust Network Access (ZTNA) market growth. Organizations are increasingly using ZTNA to safeguard remote access to applications as well as services based on defined rules for access control as they migrate to the cloud which has fuelled the demand for zero-trust network access. For instance, in November 2023, Alibaba Cloud announced the public availability of Salesforce Sales Cloud, Service Cloud, and Salesforce Platform. The launch of such platforms aims to assist companies, especially multinational corporations, in meeting evolving market demands, complying with the most recent data residency regulations and integrating with the unique local app ecological systems.
Zero Trust Network Access is an important component of a security framework due to the implementation of the concept of zero trust in the control of access to company resources at the network level. It enables tighter network and data security through micro-segmentation, which can limit lateral movement in the case of a breach. Due to this approach, the demand for zero-trust network access has significantly grown. For instance, in November 2023, Arista Networks, the global leader of cloud networking solutions, announced an expanded zero-trust networking architecture that leverages network infrastructure to break down security silos, streamline workflows, and allow an integrated zero-trust program. This approach leverages the network to account for more difficult-to-implement zero-trust controls across the domains of devices, workloads, identity, and data, using a combination of Arista-developed technologies
The increasing remote work has considerably transformed traditional network security approaches, encouraging the broad adoption of zero-trust network access. ZTNA improves security in remote work environments as it enables organizations to grant safe access based on changing circumstances, reducing the risks related to remote connections. This shift has accelerated zero trust network access adoption, making it an essential security solution for businesses.
North America is anticipated to hold a significant share of the zero-trust network access market.
North America is projected to account for a major share of the zero-trust network access market owing to the region's robust growth in the adoption of cloud computing and numerous government investments in cloud security. Additionally, the US government's recently released action plans to enhance their defense sector from cybersecurity has further stimulated the market growth. For instance, in January 2022, the U.S. government developed a multi-year zero trust strategy and action plan that mandates agencies to meet specific cybersecurity standards and objectives by the end of FY 2024 to strengthen the government's defenses against developing and permanent threat campaigns.
Market Challenges
The growth of the zero-trust network access market may be restrained by their implementation complexity. The adoption of zero-trust network access necessitates an important change in security ideas, from a perimeter-based trust model to one that relies on continuous verification and least-privilege access. Combining zero-trust network access into existing infrastructure can be difficult, and substantial changes to network construction, policies, and security controls may be required for businesses, especially those with large and legacy IT surroundings, this complexity can be a barrier to zero-trust network access market growth.
Market Developments
Company Products
Segmentation