Zero Trust Architecture Market

Zero Trust Architecture Market, By Component (Identity and Access Management (IAM), Multi-Factor Authentication (MFA), Network Security Solutions, Endpoint Security Solutions, Security Analytics and Automation, Data Security Solutions, Security Policy and Enforcement), By Deployment Type (On-Premises, Cloud-based), By Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises), By Application (Network Security, Data Security, Application Security, Endpoint Security, Cloud Security), By End-Use Industry (IT and Telecommunications, Banking, Financial Services, and Insurance (BFSI), Healthcare, Government and Defense, Retail and eCommerce, Manufacturing, Energy and Utilities, Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

A zero trust architecture (ZTA) is an enterprise's cyber security plan that utilizes zero trust concepts and encompasses component relationships, workflow planning, and access policies. Zero trust is a strategic approach to cybersecurity that secures an organization by eliminating implicit trust and continuously validating every stage of a digital interaction. A Zero Trust Architecture is a security architecture built to reduce the network's attack surface, prevent lateral movement of threats, and lower the risk of a data breach based on the core tenets of the zero trust security model.

Market Dynamics:

Increasing number of data breaches, increasing number of cyber-attacks, strict rules & regulations concerning cybersecurity, increasing popularity of Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD), and growing demand for zero-trust security solutions across the globe are major factors expected to drive growth of the global zero trust architecture market.

For instance, in June 2022, to enhance cybersecurity across the U.S., Microsoft Corp. announced the expansion of Tenable’s collaboration with Microsoft Intelligent Security Association (MISA). Both Microsoft and Tenable will help enhance the United States government’s ability to quickly identify, investigate, prioritize, and remediate threats, and help raise the country’s security posture by developing zero trust architectures and other tools for cybersecurity.

Key features of the study:

This report provides in-depth analysis of the global zero trust architecture market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.

It profiles key players in the global zero trust architecture market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.

Key companies covered as a part of this study include Forcepoint LLC, FireEye, Inc., Proofpoint, Inc., Cyxtera Technologies, Inc., CrowdStrike Holdings, Inc., VMware, Inc., Okta, Inc., Zscaler, Inc., Fortinet, Inc., Akamai Technologies, Inc., Symantec Corporation, Palo Alto Networks, Inc., Microsoft Corporation, Cisco Systems, Inc., and Check Point Software Technologies Ltd., among others.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.

The global zero trust architecture market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global zero trust architecture market.

Detailed Segmentation:

Global Zero Trust Architecture Market, By Component:

Identity and Access Management (IAM)

Multi-Factor Authentication (MFA)

Network Security Solutions

Endpoint Security Solutions

Security Analytics and Automation

Data Security Solutions

Security Policy and Enforcement

Global Zero Trust Architecture Market, By Deployment Type:

On-Premises

Cloud-based

Global Zero Trust Architecture Market, By Organization Size:

Small and Medium Enterprises (SMEs)

Large Enterprises

Global Zero Trust Architecture Market, By Application:

Network Security

Data Security

Application Security

Endpoint Security

Cloud Security

Global Zero Trust Architecture Market, By End-Use Industry:

IT and Telecommunications

Banking, Financial Services, and Insurance (BFSI)

Healthcare

Government and Defense

Retail and eCommerce

Manufacturing

Energy and Utilities Others

Global Zero Trust Architecture Market, By Service:

Consulting and Advisory Services

Implementation and Integration Services

Managed Services

Training and Support Services

Global Zero Trust Architecture Market, By Security Layer:

User/Application Authentication

Device/Endpoint Authentication

Network Segmentation and Micro-Segmentation

Data Encryption and Protection

Threat Detection and Response

Global Zero Trust Architecture Market, By Region:

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Company Profiles:

Forcepoint LLC

FireEye, Inc.

Proofpoint, Inc.

Cyxtera Technologies, Inc.

CrowdStrike Holdings, Inc.

VMware, Inc.

Okta, Inc.

Zscaler, Inc.

Fortinet, Inc.

Akamai Technologies, Inc.

Symantec Corporation

Palo Alto Networks, Inc.

Microsoft Corporation

Cisco Systems, Inc.

Check Point Software Technologies Ltd.