Zero Trust Architecture Market Size - By Component, By Organization Size, By Deployment Model, Application, End-user, Forecast 2024

Description

List of Tables

The global zero trust architecture market is anticipated to register a growth rate of 16.5% during 2024-2032, driven by an evolving cyber threat landscape, remote work & digital transformation, and cloud computing & IoT integration.

According to data published by Cobalt in 2023, cyberattacks are on the rise, noted by 75% of security professionals (CFO). The global cost of data breaches hit $4.45 million in 2023, marking a 15% increase in three years (IBM). The proliferation of cyber threats and the increasing sophistication of attacks have become major catalysts for the adoption of zero trust architecture. The increase in remote work, Internet of Things (IoT) and cloud computing, has further increased attack instances, making traditional perimeter-based security insufficient. Organizations are recognizing the limitations of traditional security models and are embracing zero trust solutions to protect their digital assets comprehensively.

Zero trust architecture market is classified based on component, organization size, deployment model, application, end-user, and region.

The services component segment is set for a surge until 2032 driven by an increase in the demand for professional services, including consulting and support services. Service providers are offering tailored solutions to meet the unique security needs of each organization, ensuring seamless integration and effective deployment. Moreover, with cybersecurity evolving continuously, organizations are recognizing the importance of ongoing support leading to further demand for professional services.

The on-premises deployment segment is poised to register unprecedented growth during the forecast period, driven by the demand for in-house solutions. On-premises deployments offer organizations the flexibility to customize their security measures according to specific requirements, ensuring a tailored approach to safeguarding sensitive data and critical systems. Additionally, industries with regulatory constraints or those handling highly confidential information, such as finance and healthcare, are particularly inclined towards on-premises deployments.

Asia Pacific zero trust architecture market is anticipated to grow rapidly through 2032, favored by an increasing digitization of economies, coupled with the growing frequency & sophistication of cyber threats. Countries such as China, India, Japan, and South Korea are at the forefront of this trend, with a significant number of enterprises investing in robust cybersecurity solutions. Moreover, regulatory initiatives promoting data protection and privacy, along with the rising awareness of the importance of cybersecurity, are further stimulating the regional market growth.

Product Code: 7685

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Zero trust architecture market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total addressable market (TAM), 2024 - 2032
2.3 Regional trends
2.4 Component trends
2.5 Organization size trends
2.6 Deployment model trends
2.7 Application trends
2.8 end-user trends

Chapter 3 Zero Trust Architecture Industry Insights

3.1 Industry ecosystem analysis
3.2 Technology & innovation landscape
3.3 Patent analysis
3.4 Key news and initiatives
- 3.4.1 Partnership/Collaboration
- 3.4.2 Merger/Acquisition
- 3.4.3 Investment
- 3.4.4 Product launch & innovation
3.5 Regulatory landscape
3.6 Impact forces
- 3.6.1 Growth drivers
  - 3.6.1.1 Increasing cybersecurity threats
  - 3.6.1.2 Compliance of data breach prevention policies
  - 3.6.1.3 Increasing proliferation of remote work
  - 3.6.1.4 Rise in adoption of cloud-based solutions
- 3.6.2 Industry pitfalls & challenges
  - 3.6.2.1 Implementation complexity
3.7 Growth potential analysis
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
- 4.3.1 Cisco Systems, Inc.
- 4.3.2 Palo Alto Networks, Inc.
- 4.3.3 Akamai Technologies, Inc.
- 4.3.4 VMware, Inc.
- 4.3.5 Microsoft Corporation
- 4.3.6 Zscaler, Inc.
- 4.3.7 IBM Corporation
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023

Chapter 5 Zero Trust Architecture Market Estimates & Forecast, By Component (Revenue)

5.1 Key trends, by component
5.2 solution
5.3 Services

Chapter 6 Zero Trust Architecture Market Estimates & Forecast, By Organization size (Revenue)

6.1 Key trends, by organization size
6.2 Large organization
6.3 SMEs

Chapter 7 Zero Trust Architecture Market Estimates & Forecast, By Deployment Model (Revenue)

7.1 Key trends, by deployment model
7.2 On-premises
7.3 Cloud

Chapter 8 Zero Trust Architecture Market Estimates & Forecast, By Application (Revenue)

8.1 Key trends, by application
8.2 Network security
8.3 Data security
8.4 Endpoint security
8.5 Cloud security
8.6 Application security

Chapter 9 Zero Trust Architecture Market Estimates & Forecast, By End-user (Revenue)

9.1 Key trends, by end-user
9.2 BFSI
9.3 Healthcare
9.4 IT and Telecom
9.5 Government and defense
9.6 Retail & E-commerce
9.7 Others

Chapter 10 Zero Trust Architecture Market Estimates & Forecast, By Region (Revenue)

10.1 Key trends, by region
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Russia
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Southeast Asia
- 10.4.6 ANZ
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Argentina
10.6 MEA
- 10.6.1 UAE
- 10.6.2 Saudi Arabia
- 10.6.3 South Africa

Chapter 11 Company Profiles

11.1 Akamai Technologies, Inc.
11.2 Check Point Software Technologies Ltd.
11.3 Cisco Systems, Inc.
11.4 Citrix
11.5 Cloud Strike
11.6 Cloudflare
11.7 CyberArk Software Ltd.
11.8 Forcepoint, LLC
11.9 Fortinet
11.10 IBM Corporation
11.11 Microsoft Corporation
11.12 Netskope, Inc.
11.13 Okta, Inc.
11.14 Palo Alto Networks, Inc.
11.15 Proofpoint, Inc.
11.16 SailPoint Technologies, Inc.
11.17 Trellix
11.18 Trend Micro Incorporated
11.19 VMware, Inc.
11.20 Zscaler, Inc.