Global Zero Trust Security Market 2022-2026

Global Zero Trust Security Market 2022-2026

Technavio has been monitoring the zero trust security market and it is poised to grow by $ 2.87 bn during 2022-2026, accelerating at a CAGR of 16.15% during the forecast period. Our report on the zero trust security market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing frequency of target-based cyber-attacks, the need to adhere to regulatory requirements, and an increase in regulations for data protection.

The zero trust security market analysis includes the deployment segment and geographic landscape.

Technavio's zero trust security market is segmented as below:

By Deployment

• On-premises
• Cloud

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the growing need for network security as one of the prime reasons driving the zero trust security market growth during the next few years. Also, an increase in the need for cloud-based zero trust security solutions among SMEs and an increase in M&A activities will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the zero trust security market covers the following areas:

• Zero trust security market sizing
• Zero trust security market forecast
• Zero trust security market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading zero trust security market vendors that include Akamai Technologies Inc., Alphabet Inc., Broadcom Inc., Centrify Corp., Check Point Software Technologies Ltd., Cisco Systems Inc., Citrix Systems Inc., Cloudflare Inc, Cyxtera Technologies Inc., Dell Inc., Forcepoint LLC, Fortinet Inc., Illumioa Inc., International Business Machines Corp., Microsoft Corp, Musarubra US LLC, Okta Inc., Palo Alto Networks Inc., Sophos Ltd., and VMware Inc. Also, the zero trust security market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.