Zero Trust Security Market: Post COVID Growth Opportunity Analysis, Key Players | Cisco Systems Inc, Akamai Technologies Inc, Microsoft, IBM

According to the report, the global zero-trust security market size was valued at $19.9 billion in 2020 and is expected to reach $78.0 Billion by 2028 growing at the CAGR of 18.15% from 2021 to 2028. This growth is attributed to be aided by an increase in cyber vulnerabilities as a result of the adoption of cloud-based services and more digitalization. Along with this, government legislation such as the European Union's General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) in the United States are likely to open up new growth avenues for the zero-trust security market. Furthermore, due to the financial limits of small and medium businesses, the market's growth is to be hampered. Companies in the business domain are aiming for cutting-edge technology to offer solutions that will open up new market growth opportunities.

Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005475

The recently published research report on Global Zero Trust Security Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Zero Trust Security market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Zero Trust Security market report also includes the following data points:
• COVID19 Impact on Zero Trust Security market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Zero Trust Security market

Buy Latest Copy of Report Now at Higher Discount: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005475

Key Players
Some of the major Zero Trust Security players holding high market share include Cisco Systems Inc, Akamai Technologies Inc, Microsoft, IBM. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Palo alto networks Inc
• Symantec corporation
• Okta Inc
• Cisco Systems Inc
• Akamai technologies Inc
• Microsoft
• IBM
• Sophos group
• Centrify corporation
• Cyxtera technologies

Segmental Analysis
Market Segment By Deployment Type with focus on market share, consumption trend, and growth rate of Zero Trust Security Market:
o On-Premises
o Cloud

Market Segment By Solution Type with focus on market share, consumption trend, and growth rate of Zero Trust Security Market:
o Network Security
o Data Security
o Endpoint Security
o API Security
o Security Analysis
o Others

Market Segment By Authentication Type with a focus on market share, consumption trend, and growth rate of Zero Trust Security Market:
o Single-factor Authentication
o Multi-factor Authentication

Market Segment By Vertical Industry with a focus on market share, consumption trend, and growth rate of Zero Trust Security Market:
o IT and ITES
o Financial and Insurance
o Healthcare and Social Assistance
o Retail Trade
o Utilities
o Others

For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005475

Global Zero Trust Security Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

North America is predicted to have the highest share of the zero-trust security industry. The regional market will be driven by rising demand for solutions relevant to the zero-trust security model as a result of increased security spending by the government and public entities.

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Contact: +1 773 644 5507 / +91 635 396 3987
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

This release was published on openPR.