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Zero Trust Security Market Precise Outlook- Cisco Systems Inc., Palo Alto Networks Inc., Vmware, Inc., Broadcom Inc. (Symantec Corporation), Microsoft Corporation

07-15-2021 10:28 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

The Zero Trust Security market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers a detailed market analysis to provide a 360-degree research study on the global Zero Trust Security market. Some of the tools used for this are SWOT, PESTEL, and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Zero Trust Security from 2021 till 2026.

The Zero Trust Security Market market is expected to register a CAGR of 18% over the forecast period from 2020 to 2025. Cloud applications and the mobile workforce are redefining the security perimeter where employees are bringing their own devices and working remotely. Data is being accessed outside the corporate network and shared with external collaborators such as partners and vendors. Corporate applications and data are moving from on-premises to hybrid and cloud environments, and organizations need a new security model that more effectively adapts to the complexity of the modern context, embraces the mobile workforce and protects people, devices, applications, and data wherever they are located which the core of the zero-trust security.

Top leading Manufacturers Profiled in Zero Trust Security Market Report are: Cisco Systems Inc., Palo Alto Networks Inc., Vmware, Inc., Broadcom Inc. (Symantec Corporation), Microsoft Corporation, IBM Corporation, Google Inc., Check Point Software Technologies Ltd., Blackberry Limited, Akamai Technologies Inc, Centrify Corporation, Okta, Inc., Fortinet Inc., Sophos Group PLC, Cyxtera Technologies, Inc.

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Regional Analysis for Zero Trust Security Market:

For a comprehensive understanding of market dynamics, the global Zero Trust Security market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

North America is Expected to Hold Major Share

- North America is a primary hub for all the major organizations across the world. The expansion of the various end-user industries and the increasing security perimeter are driving the demand for zero-trust security in the region. The risks of attacks that can impact the market vary from individuals and corporates to the governments. Thus, securing the data has become a priority in the region. Moreover, cyberattacks in the North American region, especially in the United States, are rising rapidly. They have reached an all-time high, primarily owing to the rapidly increasing number of connected devices in the region.

- Now more than ever, the U.S. government has focused on proactive cybersecurity measures. The country's proposed budget for the fiscal year 2020, the federal cybersecurity budget would increase to USD 17.4 billion, up from USD 16.6 billion in 2019. Within cybersecurity spending, one of the areas the federal government is eyeing is the concept of zero trust security due in part to recent reports from the Defense Innovation Board and the American Council for Technology-Industry Advisory Council. Federal I.T. environments are complicated, and as the government takes a closer look, they will see in many cases they're already notionally on a path to Zero Trust Security.

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https://www.marketinsightsreports.com/reports/10192358057/zero-trust-security-market-growth-trends-and-forecasts-2020-2025/discount?Mode=S21

- April 2020 - Google made available BeyondCorp Remote Access, marking its first commercial product based on the zero-trust approach to network security that Google pioneered and has used internally for almost a decade. The cloud-based service lets employees access internal web apps from most devices, and any location, without a traditional remote-access virtual private network (VPN).

- February 2020 - BlackBerry Limited launched the BlackBerry Spark platform with the addition of a unified endpoint security layer, which can simultaneously work with the company's centralized endpoint management to deliver zero trust security. BlackBerry Spark platform leverages AI, machine learning, and automation to offer improved cyber threat prevention and remediation and provides visibility across desktop, mobile, server, and IoT endpoints.

What is the Impact of Covid-19 Outbreak on the Zero Trust Security?

- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Zero Trust Security.
- Zero Trust Security Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.

Frequently Asked Questions about the Zero Trust Security market:

- What are the recent developments and government policies?
- What are the top trends in the Zero Trust Security market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Zero Trust Security market?
- Which region would offer high growth for vendors in the market?

Purchase this Report at-

https://www.marketinsightsreports.com/report/purchase/10192358057?mode=su?Mode=S21

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

We Offer Customization On Report Based On Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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