Zero Trust Security Market 2022 Strategic Assessment- Cisco Systems Inc., Palo Alto Networks Inc., Vmware Inc., Broadcom Inc. (Symantec Corporation), Microsoft Corporation, IBM Corporation

The report considers the present scenario of the Zero Trust Security Market and its dynamics for the forecast period 2022-2026. Zero Trust Security Market covers a detailed overview of several growth enablers, restraints, and trends in the market. The research report highlights the market’s current and potential key opportunities along with crucial insights.              

The zero trust security market is expected to register a CAGR of 18% during the forecast period (2021 - 2026).

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The Zero Trust Security market is highly competitive and consists of a number of major players. Companies like 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. Amongst Others.

Key Developments:

- 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.

Key Market Trends:

BFSI is Expected to Hold Significant Share
- The BFSI industry is frequently faced with sophisticated and persistent attacks, including malware, ransomware, social engineering and phishing attacks, fileless malware, rootkits, and injection attacks. Accen-ture estimates an average loss of USD 18 million per year at financial services institutions. Both zero-day attacks and ransomware are on the rise. Ransomware especially can negatively affect financial workflows, inflicting costly downtime, and further damaging business reputations. However, financial institutions are moving from zero trust security solutions to strengthen their security posture.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools:  Zero Trust Security Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, Zero Trust Security Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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