Zero Trust Security Market Scope, Growth, Size and Share by 2030
Zero Trust Security Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 28.89 Billion |
Market Size by 2030 | US$ 109.59 Billion |
Global CAGR (2022 - 2030) | 18.1% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Zero Trust Security Market Key Player Analysis:
Akamai Technologies Inc, Cato Networks Ltd, Check Point Software Technologies Ltd, Cisco Systems Inc, Fortinet Inc, Microsoft Corporation, Okta Inc, Palo Alto Networks Inc, VMWare Inc, and Zscaler Inc are among the key zero trust security market players operating in the market. Several other major companies have been analyzed during this research study to get a holistic view of the zero trust security market ecosystem.
Zero Trust Security Market Recent Developments:
The zero trust security market players highly adopt inorganic and organic strategies. A few major zero trust security market developments are listed below:
- In August 2023, Check Point Software, a leading cybersecurity company, announced the acquisition of secure access service edge (SASE) and network security vendor, Perimeter 81, for US$ 490 million to enhance its offerings for security beyond the network perimeter. The former company plans to integrate the latter’s zero trust network access and rapid deployment technology into its existing Infinity product architecture.
- In March 2023, Hewlett Packard Enterprise announced its plan to acquire Israeli cyber startup, Axis Security. The latter company offers cloud-based Security Services Edge (SSE) solutions that enable access to corporate and public cloud resources.