The North America Zero Trust Architecture Market would witness market growth of 14.5% CAGR during the forecast period (2023-2030).
The increasing interconnectedness of devices on the Internet of Things (IoT) ecosystem also contributes to the relevance and demand for ZTA. As organizations deploy many IoT devices to enhance operational efficiency, the attack surface expands, presenting new opportunities for cyber adversaries. ZTA, focusing on continuous verification, helps mitigate the risks associated with IoT devices by ensuring that only authorized and authenticated devices can access critical resources.
The necessity for a security paradigm transcending traditional boundaries has driven the development and innovation within the zero-trust space. The adoption of continuous verification, least privilege access, and the integration of advanced technologies positions ZTA as a cornerstone of modern cybersecurity. As organizations navigate the evolving threat landscape, zero trust principles will likely play an increasingly pivotal role in ensuring the resilience and integrity of digital assets.
The region has a robust and dynamic cybersecurity landscape characterized by evolving cyber threats and a heightened awareness of the importance of stringent security measures. the region has proliferating retail and eCommerce sectors. According to the International Trade Administration, in 2021, 3.9% of all Canadian retail purchases were made online. This percentage increased to 6.2% in 2022. The revenue generated by the sector is projected to amount to USD 40.3 billion by 2025. Therefore, North America's proactive stance on cybersecurity, technological innovation, and regulatory landscape have fueled the growth and adoption of ZTA as a leading security framework in the region.
The US market dominated the North America Zero Trust Architecture Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $12.9 billion by 2030. The Canada market is experiencing a CAGR of 17.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 16.1% during (2023 - 2030).
Based on Component, the market is segmented into Solution, and Services. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into On-premise, and Cloud. Based on Vertical, the market is segmented into IT & ITeS, Energy & Utilities, Healthcare, Government & Defense, Retail & Ecommerce, BFSI, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Zero Trust Architecture Market is Predict to reach $49.6 Billion by 2030, at a CAGR of 15.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Palo Alto Networks, Inc., VMware, Inc., Zscaler, Inc., Akamai Technologies, Inc., Microsoft Corporation, Cisco Systems, Inc., IBM Corporation, Citrix Systems, Inc. (Cloud Software Group, Inc.), Check Point Software Technologies Ltd. and Forcepoint LLC (Francisco Partners).
By Component
By Organization Size
By Deployment Type
By Vertical
By Country
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