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Zero Trust Security Market Forecast to 2035: The Necessity for Robust Security Solutions Fuels Market Growth as Digital Transformation Accelerates - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Zero Trust Security Market, Till 2035: Distribution by Type of Authentication, Type of Solution, Type of Deployment, Type of Offering, Type of Service, Type of Security Feature, Type of End User, Company Size, and Key Geographical Regions: Industry Trends and Global Forecasts" has been added to ResearchAndMarkets.com's offering.

The global zero trust security market is projected to expand from USD 35.24 billion in the current year to USD 190.27 billion by 2035, registering a CAGR of 16.57% over the forecast period. This significant growth is driven by increasing demand for comprehensive cybersecurity frameworks that emphasize rigorous verification of users and devices, both within and beyond organizational perimeters.

Key Market Segments

  • Authentication Types: The market divides into single and multi-factor authentication segments. Presently, multi-factor authentication dominates due to its higher security feature set, and this segment is poised for robust growth, responding to compliance and security demands.
  • Solutions: Network security leads the current market share, with increasing focus on micro-segmentation and continuous monitoring. However, the data security segment is anticipated to outpace in growth rates due to rising data breach concerns.
  • Deployment Models: Cloud-based deployments currently hold the majority share for their scalability and seamless integration capabilities. Yet, on-premises deployments are expected to grow significantly, driven by regulatory compliance needs and data control mandates.
  • Offerings: Integrated platforms dominate as comprehensive security solutions are in demand, but services offering expertise and managed security solutions exhibit strong growth potential.
  • End User Segments: BFSI maintains the largest market share, reflecting its vulnerability to cyber threats. However, IT and telecoms are growth frontrunners, necessitating protection against industrial espionage and infrastructure-related attacks.

Regional Insights

North America holds the largest market share due to proactive cyber threat mitigation and early adoption of advanced technologies. Meanwhile, Asia is projected to exhibit the highest CAGR, driven by rapid digital transformation and a surge in governmental zero trust initiatives.

Report Coverage

  • In-depth analysis of market sizing, opportunity, and trend dynamics across authentication, solution, deployment, offering, service, security feature, end user, company size, and regions.
  • Competitive landscape insights comparing market participants on size, establishment, and strategic parameters.
  • Detailed profiles of leading market players, including operational, financial, and strategic outlines.
  • SWOT and value chain analysis providing insights into market strengths and dynamics.

Benefits of the Report

  • Detailed revenue projections for market sub-segments aiding market leaders and entrants.
  • Market dynamic insights for informed strategic positioning.
  • Awareness of the competitive landscape and emerging opportunities.
  • Additional perks include Excel data packs, customization options, report walkthrough sessions, and report updates.

Key Attributes

Report Attribute Details
No. of Pages 248
Forecast Period 2025-2035
Estimated Market Value (USD) in 2025 $35.24 Billion
Forecasted Market Value (USD) by 2035 $190.27 Billion
Compound Annual Growth Rate 16.5%
Regions Covered Global

A selection of companies mentioned in this report includes, but is not limited to:

  • Akamai Technologies
  • Broadcom
  • Centrify Corporation
  • Check Point Software Technologies
  • Cisco Systems
  • CyberArk Software
  • F5 Networks
  • Fortinet
  • Google
  • Illumio
  • Microsoft
  • Okta
  • Palo Alto Networks
  • Proofpoint
  • Pulse Secure
  • SailPoint Technologies Holdings
  • Sophos Group
  • Symantec Corporation
  • Trend Micro
  • VMware

For more information about this report visit https://www.researchandmarkets.com/r/g887vc

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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