Published Date: 23-Mar-2021
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According to a new report Global Zero Trust Security Market, published by KBV research, The Global Zero Trust Security Market size is expected to reach $54.6 billion by 2026, rising at a market growth of 18.8% CAGR during the forecast period.
The cloud deployment mode of zero-trust security models helps companies with cloud-based solutions capabilities that provide scalability, speed, & improved IT security. There is an increasing demand for cloud-based zero trust solutions in small & medium enterprises along with large companies due to the wide application of cloud-based solutions.
By vertical, the IT & ITES emerged as a dominating region of the market in 2019. The IT and ITES category is growing at an unparalleled rate in Europe, North America, and APAC. Despite, it is among the prime targets for cyber-attack criminals as IT & ITES enterprises are coping up with transfer & storage of huge volume of data and the employee data like addresses, names, & financial transactions. Increasing penetration of IoT devices, cloud computing, BYOD, and mobile & web applications has broadened the perimeter of cyber-attacks in the IT and ITES category.
Based on region, North America would emerge as a leading region during the forecast period. It is due to the presence of leading companies in the North American region, which offers enhanced solutions to all the sectors. However, the strategic investments, significant R&D activities, and partnerships are further fueling the adoption of zero-trust security solutions. These key companies are driving the growth of the market in this region during the forecast years.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cisco Systems, Inc., Akamai Technologies, Inc., Palo Alto Networks, Inc., Check Point Software Technologies Ltd., IBM Corporation, Microsoft Corporation, NortonLifeLock, Inc., Google, Inc., FireEye, Inc., and McAfee, LLC.
By Solution Type
By Authentication Type
By Organization Size
By Deployment Type
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