The global zero-trust security market is projected to grow at a considerable CAGR of 20% during the forecast period (2020-2026). Zero-trust security is a technology that requires strict identity verification for every person and device accessing critical content including those within and outside the network. The growing concern for data theft and data breaches is one of the major factors creating the demand for zero-trust security which is a high-end security solution. BFSI, retail & e-commerce, and IT & Telecom industry are actively implementing this technology to maintain their diverse security systems which in turn is further anticipated to flourish the growth of this market across the globe.
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Furthermore, the presence of stringent government regulations such as the Sarbanes Oxley Act of 2002 (SOX) and Gramm-Leach-Bliley (GLB) Act plays a significant role in promoting the adoption of zero-trust security across the globe. All such acts mandate securities firms and financial institutions to implement stringent regulations to protect the privacy of consumer data by establishing a program, which assessed risks pertaining to the data and offers protection against threats. Therefore, the presence of such stringent government regulations across the globe is expected to promote the market growth of the global zero trust security market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Zero-Trust Security Market by Deployment Type
- Cloud-Based
- On-Premise
Global Zero-Trust Security Market by Industry
- Banking, Financial Services, and Insurance(BFSI)
- Government and Defense
- IT and Telecommunications
- Retail and Ecommerce
- Energy and Utilities
- Healthcare
- Others
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Akamai Technologies, Inc.
- Blackberry, Ltd.
- Broadcom, Inc. (Symantec Corp.)
- Centrify Corp.
- Check Point Software Technologies, Ltd.
- Cisco Systems, Inc.
- Cloudflare, Inc.
- Cyxtera Technologies, Inc.
- Forcepoint
- Fortinet, Inc.
- Google,LLC
- Heimdal Security A/S
- IBM Corp.
- Microsoft Corp.
- Okta, Inc.
- Palo Alto Networks, Inc.
- Secret Double Octopus
- Sophos Group, PLC
- VmWare, Inc.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global zero-trust security market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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