
Zero-trust is a security model that follows the principle of maintaining strict access controls. Businesses that follow a Zero-trust security model require their users to be authenticated, authorized and validated before they can access the corporate network. Whether the users are working within the organization, or outside, every user is authenticated and has access enabled just-in-time to the corporate network and resources.
The global Zero Trust Security Model market is projected to reach US$ 51080 million in 2029, increasing from US$ 23610 million in 2022, with the CAGR of 11.6% during the period of 2023 to 2029.
The global Zero Trust Security Model market refers to the market for security solutions and services that are based on the zero trust security model. Zero Trust is an approach to cybersecurity that assumes no trust in any user or device, regardless of whether they are inside or outside the organization’s network perimeter. It requires verifying and authenticating every request, regardless of the user’s location or the network they are accessing.
Key factors driving the growth of the global Zero Trust Security Model market include:
Rising Cyber Threats: With the increasing frequency and sophistication of cyber threats, traditional security models that rely on perimeter-based defenses are no longer sufficient. Zero Trust provides a more proactive and granular approach to security, focusing on continuous verification and authentication to mitigate the risk of data breaches and unauthorized access.
Bring Your Own Device (BYOD) Trend: BYOD policies are becoming more prevalent in organizations, allowing employees to use their personal devices for work purposes. This trend increases the complexity of network security, as devices are accessing corporate resources from different locations and networks. Zero Trust security helps ensure that only authorized and secure devices can access sensitive data and applications.
Cloud Adoption: The migration to cloud-based environments and the increasing use of Software-as-a-Service (SaaS) applications create new security challenges. Zero Trust helps organizations secure their cloud environments by implementing strict access controls, authentication mechanisms, and continuous monitoring to prevent unauthorized access and data exfiltration.
Compliance Requirements: Organizations across various industries face regulatory requirements regarding data protection and privacy. Zero Trust security assists in meeting these compliance standards by providing a layered security approach that focuses on access controls, user authentication, and data encryption.
Insider Threats: Insider threats, whether accidental or intentional, pose a significant risk to organizations’ data security. Zero Trust focuses on verifying every user and device, regardless of their position within the organization, reducing the risk of insider threats by implementing strict access controls and behavior-based monitoring.
Increased Remote Workforce: The COVID-19 pandemic has accelerated the shift to remote work arrangements. With employees accessing corporate resources from various locations and networks, traditional perimeter-based security models are insufficient. Zero Trust security provides a framework for securing remote access and ensuring that only authorized users and devices can connect to the corporate network.
In summary, the global Zero Trust Security Model market is driven by the need for a proactive and granular approach to cybersecurity, rising cyber threats, the BYOD trend, cloud adoption, compliance requirements, insider threats, and an increased remote workforce. As organizations strive to secure their networks and protect sensitive data, the demand for Zero Trust security solutions and services is expected to grow in various sectors.The global Zero Trust Security Model market refers to the market for security solutions and services that are based on the zero trust security model. Zero Trust is an approach to cybersecurity that assumes no trust in any user or device, regardless of whether they are inside or outside the organization’s network perimeter. It requires verifying and authenticating every request, regardless of the user’s location or the network they are accessing.
Key factors driving the growth of the global Zero Trust Security Model market include:
Rising Cyber Threats: With the increasing frequency and sophistication of cyber threats, traditional security models that rely on perimeter-based defenses are no longer sufficient. Zero Trust provides a more proactive and granular approach to security, focusing on continuous verification and authentication to mitigate the risk of data breaches and unauthorized access.
Bring Your Own Device (BYOD) Trend: BYOD policies are becoming more prevalent in organizations, allowing employees to use their personal devices for work purposes. This trend increases the complexity of network security, as devices are accessing corporate resources from different locations and networks. Zero Trust security helps ensure that only authorized and secure devices can access sensitive data and applications.
Cloud Adoption: The migration to cloud-based environments and the increasing use of Software-as-a-Service (SaaS) applications create new security challenges. Zero Trust helps organizations secure their cloud environments by implementing strict access controls, authentication mechanisms, and continuous monitoring to prevent unauthorized access and data exfiltration.
Compliance Requirements: Organizations across various industries face regulatory requirements regarding data protection and privacy. Zero Trust security assists in meeting these compliance standards by providing a layered security approach that focuses on access controls, user authentication, and data encryption.
Insider Threats: Insider threats, whether accidental or intentional, pose a significant risk to organizations’ data security. Zero Trust focuses on verifying every user and device, regardless of their position within the organization, reducing the risk of insider threats by implementing strict access controls and behavior-based monitoring.
Increased Remote Workforce: The COVID-19 pandemic has accelerated the shift to remote work arrangements. With employees accessing corporate resources from various locations and networks, traditional perimeter-based security models are insufficient. Zero Trust security provides a framework for securing remote access and ensuring that only authorized users and devices can connect to the corporate network.
In summary, the global Zero Trust Security Model market is driven by the need for a proactive and granular approach to cybersecurity, rising cyber threats, the BYOD trend, cloud adoption, compliance requirements, insider threats, and an increased remote workforce. As organizations strive to secure their networks and protect sensitive data, the demand for Zero Trust security solutions and services is expected to grow in various sectors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Zero Trust Security Model market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Cisco
Akamai Technologies
Okta
Trend Micro
IBM
Check Point Software Technologies
Broadcom
Trellix
McAfee
RSA Security
Forcepoint
Centrify Corporation
Cyxtera Technologies
Illumio
Sophos
Qnext Corp
Google
Microsoft
CloudFlare
VMware
Segment by Type
Single-Factor Authentication
Multi-Factor Authentication
Segment by Application
Banking
Financial Services and Insurance
IT & Telecom
Government & Defense
Energy & Utilities
Healthcare
Retail & E-commerce
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Zero Trust Security Model report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Zero Trust Security Model Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Single-Factor Authentication
1.2.3 Multi-Factor Authentication
1.3 Market by Application
1.3.1 Global Zero Trust Security Model Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Banking
1.3.3 Financial Services and Insurance
1.3.4 IT & Telecom
1.3.5 Government & Defense
1.3.6 Energy & Utilities
1.3.7 Healthcare
1.3.8 Retail & E-commerce
1.3.9 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Zero Trust Security Model Market Perspective (2018-2029)
2.2 Zero Trust Security Model Growth Trends by Region
2.2.1 Global Zero Trust Security Model Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Zero Trust Security Model Historic Market Size by Region (2018-2023)
2.2.3 Zero Trust Security Model Forecasted Market Size by Region (2024-2029)
2.3 Zero Trust Security Model Market Dynamics
2.3.1 Zero Trust Security Model Industry Trends
2.3.2 Zero Trust Security Model Market Drivers
2.3.3 Zero Trust Security Model Market Challenges
2.3.4 Zero Trust Security Model Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Zero Trust Security Model Players by Revenue
3.1.1 Global Top Zero Trust Security Model Players by Revenue (2018-2023)
3.1.2 Global Zero Trust Security Model Revenue Market Share by Players (2018-2023)
3.2 Global Zero Trust Security Model Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Zero Trust Security Model Revenue
3.4 Global Zero Trust Security Model Market Concentration Ratio
3.4.1 Global Zero Trust Security Model Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Zero Trust Security Model Revenue in 2022
3.5 Zero Trust Security Model Key Players Head office and Area Served
3.6 Key Players Zero Trust Security Model Product Solution and Service
3.7 Date of Enter into Zero Trust Security Model Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Zero Trust Security Model Breakdown Data by Type
4.1 Global Zero Trust Security Model Historic Market Size by Type (2018-2023)
4.2 Global Zero Trust Security Model Forecasted Market Size by Type (2024-2029)
5 Zero Trust Security Model Breakdown Data by Application
5.1 Global Zero Trust Security Model Historic Market Size by Application (2018-2023)
5.2 Global Zero Trust Security Model Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Zero Trust Security Model Market Size (2018-2029)
6.2 North America Zero Trust Security Model Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Zero Trust Security Model Market Size by Country (2018-2023)
6.4 North America Zero Trust Security Model Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Zero Trust Security Model Market Size (2018-2029)
7.2 Europe Zero Trust Security Model Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Zero Trust Security Model Market Size by Country (2018-2023)
7.4 Europe Zero Trust Security Model Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Zero Trust Security Model Market Size (2018-2029)
8.2 Asia-Pacific Zero Trust Security Model Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Zero Trust Security Model Market Size by Region (2018-2023)
8.4 Asia-Pacific Zero Trust Security Model Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Zero Trust Security Model Market Size (2018-2029)
9.2 Latin America Zero Trust Security Model Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Zero Trust Security Model Market Size by Country (2018-2023)
9.4 Latin America Zero Trust Security Model Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Zero Trust Security Model Market Size (2018-2029)
10.2 Middle East & Africa Zero Trust Security Model Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Zero Trust Security Model Market Size by Country (2018-2023)
10.4 Middle East & Africa Zero Trust Security Model Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Cisco
11.1.1 Cisco Company Detail
11.1.2 Cisco Business Overview
11.1.3 Cisco Zero Trust Security Model Introduction
11.1.4 Cisco Revenue in Zero Trust Security Model Business (2018-2023)
11.1.5 Cisco Recent Development
11.2 Akamai Technologies
11.2.1 Akamai Technologies Company Detail
11.2.2 Akamai Technologies Business Overview
11.2.3 Akamai Technologies Zero Trust Security Model Introduction
11.2.4 Akamai Technologies Revenue in Zero Trust Security Model Business (2018-2023)
11.2.5 Akamai Technologies Recent Development
11.3 Okta
11.3.1 Okta Company Detail
11.3.2 Okta Business Overview
11.3.3 Okta Zero Trust Security Model Introduction
11.3.4 Okta Revenue in Zero Trust Security Model Business (2018-2023)
11.3.5 Okta Recent Development
11.4 Trend Micro
11.4.1 Trend Micro Company Detail
11.4.2 Trend Micro Business Overview
11.4.3 Trend Micro Zero Trust Security Model Introduction
11.4.4 Trend Micro Revenue in Zero Trust Security Model Business (2018-2023)
11.4.5 Trend Micro Recent Development
11.5 IBM
11.5.1 IBM Company Detail
11.5.2 IBM Business Overview
11.5.3 IBM Zero Trust Security Model Introduction
11.5.4 IBM Revenue in Zero Trust Security Model Business (2018-2023)
11.5.5 IBM Recent Development
11.6 Check Point Software Technologies
11.6.1 Check Point Software Technologies Company Detail
11.6.2 Check Point Software Technologies Business Overview
11.6.3 Check Point Software Technologies Zero Trust Security Model Introduction
11.6.4 Check Point Software Technologies Revenue in Zero Trust Security Model Business (2018-2023)
11.6.5 Check Point Software Technologies Recent Development
11.7 Broadcom
11.7.1 Broadcom Company Detail
11.7.2 Broadcom Business Overview
11.7.3 Broadcom Zero Trust Security Model Introduction
11.7.4 Broadcom Revenue in Zero Trust Security Model Business (2018-2023)
11.7.5 Broadcom Recent Development
11.8 Trellix
11.8.1 Trellix Company Detail
11.8.2 Trellix Business Overview
11.8.3 Trellix Zero Trust Security Model Introduction
11.8.4 Trellix Revenue in Zero Trust Security Model Business (2018-2023)
11.8.5 Trellix Recent Development
11.9 McAfee
11.9.1 McAfee Company Detail
11.9.2 McAfee Business Overview
11.9.3 McAfee Zero Trust Security Model Introduction
11.9.4 McAfee Revenue in Zero Trust Security Model Business (2018-2023)
11.9.5 McAfee Recent Development
11.10 RSA Security
11.10.1 RSA Security Company Detail
11.10.2 RSA Security Business Overview
11.10.3 RSA Security Zero Trust Security Model Introduction
11.10.4 RSA Security Revenue in Zero Trust Security Model Business (2018-2023)
11.10.5 RSA Security Recent Development
11.11 Forcepoint
11.11.1 Forcepoint Company Detail
11.11.2 Forcepoint Business Overview
11.11.3 Forcepoint Zero Trust Security Model Introduction
11.11.4 Forcepoint Revenue in Zero Trust Security Model Business (2018-2023)
11.11.5 Forcepoint Recent Development
11.12 Centrify Corporation
11.12.1 Centrify Corporation Company Detail
11.12.2 Centrify Corporation Business Overview
11.12.3 Centrify Corporation Zero Trust Security Model Introduction
11.12.4 Centrify Corporation Revenue in Zero Trust Security Model Business (2018-2023)
11.12.5 Centrify Corporation Recent Development
11.13 Cyxtera Technologies
11.13.1 Cyxtera Technologies Company Detail
11.13.2 Cyxtera Technologies Business Overview
11.13.3 Cyxtera Technologies Zero Trust Security Model Introduction
11.13.4 Cyxtera Technologies Revenue in Zero Trust Security Model Business (2018-2023)
11.13.5 Cyxtera Technologies Recent Development
11.14 Illumio
11.14.1 Illumio Company Detail
11.14.2 Illumio Business Overview
11.14.3 Illumio Zero Trust Security Model Introduction
11.14.4 Illumio Revenue in Zero Trust Security Model Business (2018-2023)
11.14.5 Illumio Recent Development
11.15 Sophos
11.15.1 Sophos Company Detail
11.15.2 Sophos Business Overview
11.15.3 Sophos Zero Trust Security Model Introduction
11.15.4 Sophos Revenue in Zero Trust Security Model Business (2018-2023)
11.15.5 Sophos Recent Development
11.16 Qnext Corp
11.16.1 Qnext Corp Company Detail
11.16.2 Qnext Corp Business Overview
11.16.3 Qnext Corp Zero Trust Security Model Introduction
11.16.4 Qnext Corp Revenue in Zero Trust Security Model Business (2018-2023)
11.16.5 Qnext Corp Recent Development
11.17 Google
11.17.1 Google Company Detail
11.17.2 Google Business Overview
11.17.3 Google Zero Trust Security Model Introduction
11.17.4 Google Revenue in Zero Trust Security Model Business (2018-2023)
11.17.5 Google Recent Development
11.18 Microsoft
11.18.1 Microsoft Company Detail
11.18.2 Microsoft Business Overview
11.18.3 Microsoft Zero Trust Security Model Introduction
11.18.4 Microsoft Revenue in Zero Trust Security Model Business (2018-2023)
11.18.5 Microsoft Recent Development
11.19 CloudFlare
11.19.1 CloudFlare Company Detail
11.19.2 CloudFlare Business Overview
11.19.3 CloudFlare Zero Trust Security Model Introduction
11.19.4 CloudFlare Revenue in Zero Trust Security Model Business (2018-2023)
11.19.5 CloudFlare Recent Development
11.20 VMware
11.20.1 VMware Company Detail
11.20.2 VMware Business Overview
11.20.3 VMware Zero Trust Security Model Introduction
11.20.4 VMware Revenue in Zero Trust Security Model Business (2018-2023)
11.20.5 VMware Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Cisco
Akamai Technologies
Okta
Trend Micro
IBM
Check Point Software Technologies
Broadcom
Trellix
McAfee
RSA Security
Forcepoint
Centrify Corporation
Cyxtera Technologies
Illumio
Sophos
Qnext Corp
Google
Microsoft
CloudFlare
VMware
Ěý
Ěý
*If Applicable.
