Zero Trust Security Market: The global market is expected to grow at a CAGR of 17.65% during the forecasted period.

As per the study initiated by Evolve Business Intelligence, the global Zero Trust Security market size accounted for USD 13,121.5 Million in 2022, growing at a CAGR of 17.65% from 2023 to 2033. The Zero Trust Security market has experienced rapid growth as organizations prioritize enhanced security measures to protect against cyber threats. Zero Trust Security frameworks operate on the principle of not trusting any user or device by default, requiring continuous verification and authentication. The market's expansion is driven by rising incidents of data breaches, increasing adoption of cloud computing, and the need for robust security solutions that provide granular control and visibility across networks, devices, and applications. As cyber security concerns continue to grow, the Zero Trust Security market is expected to witness sustained growth.
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Key Highlights:
• The global Zero Trust Security Market size was valued at USD 13,121.5 Million in 2022 growing at a CAGR of 17.65% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Zero Trust Security Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
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
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Key Players
Some of the major Zero Trust Security players holding high market share include Cisco Systems, Inc., IBM, Akamai Technologies and Google LLC. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
o Cisco Systems, Inc.
o IBM
o Akamai Technologies
o Google LLC
o Check Point Software Technologies Ltd.
o Pulse Secure, LLC.
o Palo Alto Networks.
o Zscaler, Inc.
o Deloitte Touche Tohmatsu Limited
o PWC
o Tata Consultancy Service Limited
o Microsoft Corporation
o Amazon.Com
o EY
o KPMG
o Boston Consultancy Group
o Forcepoint and McKinsey & Company
Segmental Analysis
Market Segment By Deployment with focus on market share, consumption trend, and growth rate of Zero Trust Security Market:
• Cloud
• On-Premises
Market Segment By Type with focus on market share, consumption trend, and growth rate of Zero Trust Security Market:
• Network Security
• Data Security
• Endpoint Security
• Cloud Security
• Others
Market Segment By Application with focus on market share, consumption trend, and growth rate of Zero Trust Security Market:
• IT & Telecom
• BFSI
• Healthcare
• Retail
• Others
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Global Zero Trust Security Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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