Digital trust market is anticipated to grow at a significant CAGR of 14.4% during the forecast period (2024-2031). Digital trust refers to the confidence and reliability established between individuals, organizations, and entities in the digital realm. It comprises cybersecurity, data protection, privacy, and identity management to address the growing demand for trust in the digital realm.
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Zero trust security demands verifying every access request, with continuous verification of digital identities through authentication methods such as public key infrastructure (PKI), single sign-on (SSO), multi-factor authentication (MFA), and others. With data breach incidents emerging, zero trust solutions effectively mitigate security risks. In January 2022, the US federal government introduced direct orders for implementing zero trust approaches. This memorandum outlines a Federal zero trust architecture (ZTA) strategy, mandating agencies to meet cyber security standards by the end of Fiscal Year (FY) 2024 to strengthen Government defenses against sophisticated threats targeting Federal technology infrastructure.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Digital Trust Market by Deployment Mode
- Cloud-Based
- On-Premises
Global Digital Trust Market by Solution
- Identity and Access Management
- Data Privacy and Protection
- Risk and Compliance Management
- Fraud Detection and Prevention
Global Digital Trust Market by End-User Industry
- BFSI
- Healthcare
- Retail and E-Commerce
- Government and Defense
- Telecom and IT
- Energy and Utilities
- Manufacturing
- Others (Education, Transportation)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Akamai Technologies, Inc.
- Barracuda Networks, Inc.
- Check Point Software Technologies Ltd.
- Cisco Systems, Inc.
- CrowdStrike Holdings, Inc.
- DigiCert, Inc.
- F5 Inc.
- ForgeRock, Inc.
- Fortinet, Inc.
- McAfee Corp.,
- Okta, Inc.
- Palo Alto Networks, Inc.
- Proofpoint Inc.
- Rapid7, Inc.
- RSA Security (Dell Technologies)
- SentinelOne, Inc.
- Thales Group
- Trend Micro Inc.
- Zscaler, Inc.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital trust market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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