Global Zero Trust Security Solutions Market to Reach USD 19.49 Billion in 2020, Expected to Grow at 17.2% CAGR

The global zero trust security solutions market was valued at USD 19.49 billion in 2020 and is projected to grow at a strong compound annual growth rate (CAGR) of 17.2% over the forecast period. This growth is being fueled by the rising number of cyberattacks, strict regulations around data protection, and increasing digital transformation across developing economies.

Zero trust security is a modern approach that operates on the principle of "never trust, always verify." Unlike traditional security models that assume everything inside a network is safe, zero trust requires every user, device, or system to be verified before accessing organizational resources. This approach helps businesses protect sensitive data and infrastructure in an increasingly digital and cloud-based world.

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The framework uses advanced security tools such as Multi-Factor Authentication (MFA), next-generation endpoint protection, and Identity and Access Management (IAM). MFA requires users or devices to provide at least two forms of verification before gaining access, typically based on knowledge, possession, or inherence. Next-generation endpoint security provides real-time behavioral analysis of users and systems, detecting threats such as registry infiltration and unauthorized access. IAM solutions allow businesses to manage access rights and digital identities effectively, reducing risks of internal and external breaches.

The demand for zero trust solutions is also being driven by ongoing advances in artificial intelligence (AI) and analytics, which improve the ability of organizations to detect suspicious activity quickly. Additionally, stringent government regulations such as Europe's General Data Protection Regulation (GDPR) are pushing businesses to adopt stronger security frameworks. With the rise of remote working, hybrid cloud environments, and increasing ransomware incidents, organizations are recognizing zero trust as an essential security measure.

The growth of Internet of Things (IoT) devices is another factor boosting the market. As more businesses adopt IoT to enhance efficiency and communications, the risk of cyberattacks has increased significantly. Zero trust solutions provide greater visibility into user activities, including where access is taking place, which applications are being used, and at what time. This visibility helps businesses minimize risks while maintaining operational efficiency.

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Some major players in the market are:
Cisco Systems Inc.

Akamai Technologies, Inc.

Palo Alto Networks, Inc.

Symantec Corporation

Okta, Inc.

Forcepoint, LLC

Centrify Corporation

Cyxtera Technologies

Illumio

Sophos Group Plc.

Cyberattacks today target endpoints, networks, cloud applications, and sensitive company data, causing disruptions, intellectual property theft, financial losses, and breaches of customer trust. By adopting zero trust security, organizations can address these challenges more effectively and ensure stronger protection against evolving threats.

Overall, zero trust security solutions are becoming a key part of modern IT security strategies, offering businesses the tools they need to secure data, protect remote workers, and safeguard hybrid cloud environments. As digitalization accelerates and cyber risks continue to grow, the market is expected to expand significantly in the years ahead.

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For the purpose of this report, Emergen Research has segmented the global zero trust security solutions market based on type, deployment mode, end-use, and region:

Type Outlook (Revenue, USD Billion; 2018-2028)
Data Security

API Security

Endpoint Security

Security Policy Management

Security Analytics

Deployment Mode Outlook (Revenue: USD Billion; 2018-2028)
On-Premises

Cloud

End-Use Outlook (Revenue: USD Billion; 2018-2028)
BFSI

IT & Telecommunication

Retail & E-commerce

Healthcare

Energy and Utility

Others

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