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Zero-Trust Security Market Size, Competitive Analysis, Share, Forecast- 2020-2026
Zero-Trust Security Market
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Data loss is a major concern for businesses of all sizes as it results in losing money and time to recover information which is vital for every business. It can disrupt the everyday operations of any business. Zero trust security signifies that no one on the network will be trusted by default whether it is accessing the content from inside or outside of the network. This added layer of security has been demonstrating properly in preventing data breaches by completely blocking access of the individual to the content.
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According to Identity Theft Resource Center (ITRC), data breaches are an ever-increasing threat to every industry, with the number of the US data breach incidents tracked in 2017 hitting a new record of 1,579 breaches. It is a 44.7% increase over 2016’s record-breaking numbers. Of the data breaches reported in 2017, 8.5% involved the financial sector, such as banks, credit unions, financial services, credit card companies, investment firms, mortgage and loan brokers, payday lenders and pension funds. According to the recent study done by IBM Corp, the average cost of a single data breach is over $3 million. Owing to such factors, various industry verticals such as BFSI, manufacturing, IT & telecomm, energy & utilities, retail, and so on are adopting zero-trust security solutions; thereby, propelling the growth of the global zero-trust security model market.
Global Zero-Trust Security Market Segmentation
By Deployment Type
Cloud-Based
On-Premises
By Industry
Banking, Financial Services, and Insurance (BFSI)
Government and Defense
IT and Telecommunications
Retail and Ecommerce
Energy and Utilities
Healthcare
Others
Global Zero-Trust Security Market – Segment by Region
North America
The US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Akamai Technologies, Inc.
Blackberry, Ltd.
Broadcom, Inc. (Symantec Corp.)
Centrify Corp.
Check Point Software Technologies, Ltd.
Cisco Systems, Inc.
Cloudflare, Inc.
Cyxtera Technologies, Inc.
Forcepoint
Fortinet, Inc.
Google,LLC
Heimdal Security A/S
IBM Corp.
Microsoft Corp.
Okta, Inc.
Palo Alto Networks, Inc.
Secret Double Octopus
Sophos Group, PLC
VmWare, Inc.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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