Zero-Trust Security Market Report 2020 Competitive Landscape, Trends, Opportunities & Forecast to 2025

1
Zero-Trust Security Market

• by Authentication Type (Single-Factor
  Authentication and Multi-Factor Authentication),
  Solution (Endpoint Security, Data Security, API
  Security, Network Security, Security Analytics,
  and Others), Industry Vertical (BFSI, Government
  Defense, Healthcare, Retail, Energy
  Utilities, and Others), and by Region (North
  America, Europe, Asia-Pacific, Middle East
  Africa, and South America), Global Forecast, 2018
  to 2025

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2
Zero-Trust Security Market Size and Share 2025

• The global zero-trust security market size is
  anticipated to reach nearly USD 38 billion by
  2025. In addition, it is expected to exhibit a
  CAGR of over 17 during the forecast years
  2018-2025. Based on the principle of always
  verify and never trust, zero-trust security is an
  advanced cyber-security solution of the modern
  environment. Before entering the network and
  getting access it demands authentic verification
  from an insider as well as an outsider. Moreover,
  it has numerous advantages such as it provides
  reliable security mechanisms, simple-to-use, and
  cost-effective. Hence, such factors driving the
  demand for zero-trust security among numerous
  enterprises and organizations.
• The current and future zero-trust security market
  advances are defined to state the attractiveness
  of the market. Key impacting aspects focus on the
  zero-trust security of market opportunities
  during the forecast period. Factors such as the
  increasing number of sophisticated cyber-attacks
  are driving the market growth. Also, the
  increasing strict government regulations and
  compliance related to security are also boosting
  the global zero-trust security market growth.
  However, less adoption among small medium
  enterprises due to budgetary constraints is
  expected to hamper the market growth.
  Furthermore, the growing IoT traffic and
  increasing need for better visibility of network
  infrastructure are anticipated to be
  opportunistic for the market.
• The report also highlights various aspects of the
  global zero-trust security industry by analyzing
  the market through value chain analysis. Besides,
  the zero-trust security market report covers
  different qualitative aspects of the zero-trust
  security industry in market drivers, key industry
  opportunities, and restraints. Furthermore, the
  report proposes a comprehensive valuation of the
  market competitiveness along with company
  profiling of residents as well as global vendors.

3
Zero-Trust Security Market Size and Share 2025

• In terms of industry vertical, the market is
  segmented into government defense, healthcare,
  BFSI, retail, energy utilities, and others. The
  government defense industry is projected to
  gather the highest growth during the forecast
  period. The increasing need to secure government
  data security, network security, endpoint
  security, and other infrastructure is driving the
  adoption of zero-trust security solutions in this
  industry. However, The BFSI industry captured the
  major market share in 2019 and it is expected to
  do so throughout the forecast period. The growth
  of this segment is mainly attributed to the
  increasing cyber-attacks on banks and the
  individuals accounts.
• The Asia-Pacific region is projected to
  experience the highest growth throughout the
  forecast period. The increasing adoption of
  digital payments and internet banking is
  anticipated to drive the market growth in this
  region. However, the North American region
  dominated the overall market in 2019 and it is
  expected to keep its position throughout the
  forecast period 2018-2025. The dominance of this
  region is mainly attributed to the existence of
  the majority of the zero-trust security solution
  and service providers in this region.
• The major players of the global zero-trust
  security market are Forcepoint, Akamai
  Technologies, Centrify, Symantec, Palo Alto
  Networks, Cisco Systems, Sophos Group, Microsoft,
  Fortinet, and IBM. Moreover, the other
  prospective players in the zero-trust security
  market are Check Point Software Technologies,
  Cyxtera Technologies, Okta, Trend Micro
  Incorporated, and Cloudflare. The zero-trust
  security market comprises well established local
  as well as global players. In addition, the
  already recognized market players are coming up
  with new innovative products and solutions to
  stay competitive in the global market.

4
Zero-Trust Security Market Size and Share 2025

• Authentication Type Overview, 2018-2025 (USD
  Billion)
• Single-Factor Authentication
• Multi-Factor Authentications
• Solution Overview, 2018-2025 (USD Billion)
• Endpoint Security
• Data Security
• API Security
• Network Security
• Security Analytics
• Others
• Industry Vertical Overview, 2018-2025 (USD
  Billion)
• BFSI
• Government Defense
• Healthcare
• Retail
• Energy Utilities
• Others

5
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