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Zero Trust Security Market: By Component, By Deployment Model, By Enterprise Size, By Authentication, By Industry Vertical, and Geography
Zero Trust Security Market size was valued at US$ 21,673.9 million in 2023 and is poised to grow at a significant CAGR of 19.5% from 2024-2030. Zero-trust security is a new sort of cyber-security that operates on the zero-trust concept. Before joining the secure network, each insider and outsider is required to give valid authentication. The rising frequency of targeted cyber-attacks, as well as increased laws for data protection and information security, are some of the primary factors driving the zero-trust security industry. During the forecast period, the growing demand for cloud-based zero-trust security solutions among SMEs would present possibilities for the zero-trust security market. Based on the deployment model the zero-trust security market is segmented into on-premises and cloud.
The cloud segment is anticipated to grow at a significant CAGR over the forecast years owing to the growing usage of cloud technology across businesses drives the demand for zero-trust cloud security. The retail, information technology, telecommunications, healthcare, and industrial industries are increasingly transitioning to cloud infrastructure because it enables more agility and scalability while being less expensive to operate. However, the threat to data presented by unauthorized access to the public cloud has influenced the rate of cloud infrastructure adoption. To achieve a smooth transition and multi-layered protection, organizations going to the cloud with security use zero-trust security. This is likely to fuel segment expansion throughout the projection period. The rise in cybercrime, internal data breaches, the proliferation of endpoint devices, and the increased usage of cloud technologies are key drivers driving the growth of the zero-trust security market.
Study Period
2024-2030Base Year
2023CAGR
19.5%Largest Market
Asia PacificFastest Growing Market
North America
The increasing use of cloud technologies and endpoint devices in companies has increased the demand for a zero-trust security architecture. As company IT infrastructures become more complex, the potential of internal breaches and external assaults due to illegal access has grown over time. To address this risk, market security suppliers focus on providing zero trust security principles through the combination of security solutions and services in a model, hence adding several tiers of authentication to access a device or network. With the emergence of Artificial Intelligence (AI), Machine Learning (ML), IoT, blockchain, and BYOD, the number of devices that use the cloud for data transit and storage has skyrocketed.
Furthermore, IoT and AI-enabled linked devices continually capture and store data on the cloud, making them vulnerable to hackers. As a result, security companies have begun to emphasise the use of zero trust models for a robust and holistically safe IT system. Many suppliers are also concentrating on increasing endpoint security in preparation for the digital revenue model. Over 160 organisations claim to offer specific solutions or the entire framework for implementing the zero-trust security paradigm as cyber security players transform into zero trust security vendors.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 21,673.9 million |
Market CAGR |
19.5% |
By Component |
|
By Deployment Model |
|
By Enterprise Size |
|
By Authentication |
|
By Industry Vertical |
|
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The zero trust security market size was valued at US$ 21,673.9 million in 2023 and is expected to grow at a significant CAGR of 19.5% from 2024 to 2030.
Cisco Systems Inc. (US), Akamai Technologies (US), Palo Alto Networks (US), Okta Inc. (US), Check Point Software Technologies (US), Trend Micro Inc. (Japan), IBM Corporation (US), Symantec Corporation (US)
North America is the fastest-growing region for zero trust security market
1.Executive Summary |
2.Global Zero Trust Security Market Introduction |
2.1.Global Zero Trust Security Market - Taxonomy |
2.2.Global Zero Trust Security Market - Definitions |
2.2.1.Product Type |
2.2.2.Deployment Model |
2.2.3.End User |
2.2.4.Authentication |
2.2.5.Industry Vertical |
2.2.6.Region |
3.Global Zero Trust Security Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Zero Trust Security Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Zero Trust Security Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Solution |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Services |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6.Global Zero Trust Security Market By Deployment Model, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. On-premises |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Cloud |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7.Global Zero Trust Security Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Large Enterprises |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. SMEs |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8.Global Zero Trust Security Market By Authentication, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Single-factor Authentication, |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Multi-factor Authentication |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
9.Global Zero Trust Security Market By Industry Vertical, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Manufacturing, |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Healthcare |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Retail, |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Energy and Utilities |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2022 - 2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. BFSI |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2022 - 2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
9.6. Government |
9.6.1. Market Analysis, 2019 - 2023 and Forecast, 2022 - 2030, (Sales Value USD Million) |
9.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.6.3. Market Opportunity Analysis |
9.7. IT and Telecom |
9.7.1. Market Analysis, 2019 - 2023 and Forecast, 2022 - 2030, (Sales Value USD Million) |
9.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.7.3. Market Opportunity Analysis |
10.Global Zero Trust Security Market By Region, 20110 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. North America |
10.1.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
10.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.1.3. Market Opportunity Analysis |
10.2. Europe |
10.2.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
10.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.2.3. Market Opportunity Analysis |
10.3. Asia Pacific (APAC) |
10.3.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
10.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.3.3. Market Opportunity Analysis |
10.4. Middle East and Africa (MEA) |
10.4.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
10.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.4.3. Market Opportunity Analysis |
10.5. Latin America |
10.5.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
10.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.5.3. Market Opportunity Analysis |
11.North America Zero Trust Security Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Solution |
11.1.2.Services |
11.2. Deployment Model Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.On-premises |
11.2.2.Cloud |
11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Large Enterprises |
11.3.2.SMEs |
11.4. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Single-factor Authentication, |
11.4.2.Multi-factor Authentication |
11.5. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Manufacturing, |
11.5.2.Healthcare, |
11.5.3.Retail, |
11.5.4.Energy and Utilities, |
11.5.5.BFSI, |
11.5.6.Government, |
11.5.7.IT and Telecom, |
11.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.6.1.United States of America (USA) |
11.6.2.Canada |
12.Europe Zero Trust Security Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Solution |
12.1.2.Services |
12.2. Deployment Model Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.On-premises |
12.2.2.Cloud |
12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Large Enterprises |
12.3.2.SMEs |
12.4. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Single-factor Authentication, |
12.4.2.Multi-factor Authentication |
12.5. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.Manufacturing, |
12.5.2.Healthcare, |
12.5.3.Retail, |
12.5.4.Energy and Utilities, |
12.5.5.BFSI, |
12.5.6.Government, |
12.5.7.IT and Telecom, |
12.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.6.1.Germany |
12.6.2.France |
12.6.3.Italy |
12.6.4.United Kingdom (UK) |
12.6.5.Spain |
13.Asia Pacific (APAC) Zero Trust Security Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Solution |
13.1.2.Services |
13.2. Deployment Model Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.On-premises |
13.2.2.Cloud |
13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Large Enterprises |
13.3.2.SMEs |
13.4. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Single-factor Authentication, |
13.4.2.Multi-factor Authentication |
13.5. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.Manufacturing, |
13.5.2.Healthcare, |
13.5.3.Retail, |
13.5.4.Energy and Utilities, |
13.5.5.BFSI, |
13.5.6.Government, |
13.5.7.IT and Telecom, |
13.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.6.1.China |
13.6.2.India |
13.6.3.Australia and New Zealand (ANZ) |
13.6.4.Japan |
13.6.5.Rest of APAC |
14.Middle East and Africa (MEA) Zero Trust Security Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Solution |
14.1.2.Services |
14.2. Deployment Model Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.On-premises |
14.2.2.Cloud |
14.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Large Enterprises |
14.3.2.SMEs |
14.4. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Single-factor Authentication, |
14.4.2.Multi-factor Authentication |
14.5. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Manufacturing, |
14.5.2.Healthcare, |
14.5.3.Retail, |
14.5.4.Energy and Utilities, |
14.5.5.BFSI, |
14.5.6.Government, |
14.5.7.IT and Telecom, |
14.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.6.1.GCC Countries |
14.6.2.South Africa |
14.6.3.Rest of MEA |
15.Latin America Zero Trust Security Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
15.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
15.1.1.Solution |
15.1.2.Services |
15.2. Deployment Model Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
15.2.1.On-premises |
15.2.2.Cloud |
15.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
15.3.1.Large Enterprises |
15.3.2.SMEs |
15.4. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
15.4.1.Single-factor Authentication, |
15.4.2.Multi-factor Authentication |
15.5. Authentication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
15.5.1.Manufacturing, |
15.5.2.Healthcare, |
15.5.3.Retail, |
15.5.4.Energy and Utilities, |
15.5.5.BFSI, |
15.5.6.Government, |
15.5.7.IT and Telecom, |
15.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
15.6.1.Brazil |
15.6.2.Mexico |
15.6.3.Rest of LA |
16. Competition Landscape |
16.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
16.2.1.Cisco Systems Inc. (US) |
16.2.2.Akamai Technologies (US) |
16.2.3.Palo Alto Networks (US) |
16.2.4.Okta Inc. (US) |
16.2.5.Check Point Software Technologies (US) |
16.2.6.Trend Micro Inc. (Japan) |
16.2.7.IBM Corporation (US) |
16.2.8.Symantec Corporation (US) |
16.2.9.FireEye Inc. (US) |
16.2.10.McAfee Corporation (US) |
17. Research Methodology |
18. Appendix and Abbreviations |
Key Market Players