Zero Trust Security Market Size, Growth Analysis, Share, Demand, Top Key Players And Forecast To 2028

Zero Trust Security Market is valued at USD 15.61 Billion in 2020 and expected to reach USD 94.35 Billion by 2027 with a CAGR of 19.71% over the forecast period. Frequent cyber-threats, emerging technologies like artificial intelligence and machine learning, increasing adoption of cloud-security in BFSI and Defense sector are some of the major factors driving the growth of Global Zero Trust Security Market.

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Zero trust is a realistic and pragmatic approach towards security that centers on the concept of eliminating trust from an organization’s network architecture. An advance data security solution which works on the principal of “never trust and always verify” protocol. Instead of assuming everything is safe and secure behind the firewall, the security solution assumes breach and verifies every request originated assuming every single network is probably compromised. It draws on solid authentication, orchestration, analytics, encryption, scoring, and file-system consents.

News: Francisco Partners Firm Completed Acquisition of Forcepoint

January 11th, 2021; Francisco Partners, a leading global investment firm that specializes in partnering with technology and technology-enabled businesses, has closed on the previously announced acquisition of Forcepoint from Raytheon Technologies. Forcepoint is a leading provider of cybersecurity solutions that protects the critical data and networks of thousands of customers throughout the world.

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Global Zero Trust Security Market Segmentation:

By Solution Type:

• Network Security
• API Security
• Zero Trust Security
• Data Security
• End Point Security
• Security Analytics
• Security Policy Management
• Others

By Authentication Type:

• Single-Factor Authentication
• Multi-Factor Authentication

By Organization Type:

• Small & Medium scale Enterprise
• Large scale Enterprise

By Deployment Type:

• Cloud
• On-Premises

By End-Users Type:

• Retail & E-commerce
• BFSI
• Gaming
• Healthcare
• Travel & Hospitality
• Government
• Telecommunication
• Information Technology
• Others

Zero Trust Security Market Key Players:

• IBM Corp.
• Google LLC
• VMware Inc.
• Symantec Corp.
• Sophos Group Plc.
• Trend Micro Incorporated
• Amazon Web Services
• Microsoft Corp.
• Cyxtera Technologies
• Palo Alto Networks Inc.
• Illumio
• Others

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Key Benefits for Global Zero Trust Security Market Report:

• Global Zero Trust Security Market report covers in-depth historical and forecast analysis.
• Global Zero Trust Security Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
• Global Zero Trust Security Market report helps to identify opportunities in marketplace.
• Global Zero Trust Security Market report covers extensive analysis of emerging trends and competitive landscape.

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