Zero Trust Security Solutions Market Size, Top Trends in 2021 - Global Industry Revenue, Forecast to 2030

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Market Size – USD 19.49 Billion in 2020, Market Growth – at a CAGR of 17.2%, Market Trend –Increasing adoption of IoT-based devices

The latest research report, titled ‘Global Zero Trust Security Solutions Market’, can be considered a profound analysis of the global Zero Trust Security Solutions Industry that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Zero Trust Security Solutions market. The report offers a holistic coverage of the Zero Trust Security Solutions market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets.

The global zero trust security solutions market size is expected to reach USD 69.85 Billion in 2028 and register a steady revenue CAGR of 17.2% over the forecast period, according to latest analysis by Emergen Research. Major factors driving market revenue growth are increasing numbers of cyberattacks, presence of stringent regulations for information security and data protection, and increasing digitalization in developing countries. Zero trust security is an IT security framework that requires authentic verification from every single device, user, or machine that attempts to connect or access a private network.

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Emergen Research’s latest market research report focuses on the global Zero Trust Security Solutions market, and the report provides in-depth analysis of each of its major segments. Reports about the global Zero Trust Security Solutions market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfoliosZero Trust Security Solutions industry projections and qualitative and quantitative assessments have been provided by the report's authors. The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. A detailed analysis of the global Zero Trust Security Solutions market is presented in the report, including North America, Europe, Latin America, Asia Pacific, and Middle East Africa. Aside from revenue growth drivers restraints, production consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets.

Recent years have seen rapid developments in the information and communication technology sector, with the industry projected to grow substantially in revenue over the next five years. ICT industry technology advancements, increasing adoption of advanced and latest devices, an increasing number of consumers using these devices, and high internet penetration worldwide are expected to drive global market revenue growth throughout the forecast period. The global market is expected to grow as a result of factors such as a growing risk of data leakage, an increasing use of advanced technologies like artificial intelligence (AI), the Internet of Things, and cloud services to manage large amounts of data, as well as a growing investment in research and development activities for developing advanced devices and solutions.

Key Companies Profiled in the Report are:

Cisco Systems Inc., Akamai Technologies, Inc., Palo Alto Networks, Inc., Symantec Corporation, Okta, Inc., Forcepoint, LLC., Centrify Corporation, Cyxtera Technologies, Illumio, and Sophos Group Plc., Others

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Research Report on the Zero Trust Security Solutions Market Addresses the Following Key Questions:

  • Who are the dominant players of the Zero Trust Security Solutions market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Zero Trust Security Solutions market?
  • What are the key growth drivers and restraining factors of the Zero Trust Security Solutions market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Zero Trust Security Solutions market and its key segments?

Market Overview:

The report bifurcates the Zero Trust Security Solutions market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Type Outlook (Revenue, USD Billion; 2018–2028)

  • Data Security
  • API Security
  • Endpoint Security
  • Security Policy Management
  • Security Analytics

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Deployment Mode Outlook (Revenue: USD Billion; 2018–2028)

  • On-Premises
  • Cloud

End-Use Outlook (Revenue: USD Billion; 2018–2028)

  • BFSI
  • IT Telecommunication
  • Retail E-commerce
  • Healthcare
  • Energy and Utility
  • Others

Regional Landscape section of the Zero Trust Security Solutions report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Zero Trust Security Solutions market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

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Thank you for reading our report. To know more about the customization feature, please get in touch with us, and our team will ensure the report is customized to meet your requirements.  

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