North American Market Forecasts
The North America zero trust architecture market is projected to gather the highest revenue share of about 40% during the coming years. This growth of the market in this region is estimated to be encouraged by the rise in the presence of various key market players. Furthermore, the developed economy in this region, led by the United States, is notable for its propensity to adopt and embrace cutting-edge technology, network automation, and the proliferation of cloud-based services, all of which have fueled the market for zero trust security. Moreover, the government in this region is also initiating various efforts in order to encourage the adoption of zero trust architecture which might also boost the market growth.
European Market Analysis
The zero trust architecture market is set to have notable growth during the forecast period. The growth of this region’s market is poised to be influenced by the growing adoption of zero trust infrastructure. Compared to about 24% in 2020, over two-thirds of European organizations have started creating a zero trust strategy. Furthermore, Europe nations highly prioritize data privacy which is why their interest in zero infrastructure is predicted to grow in the coming years. Additionally, Europe has launched one of the strictest laws including GDPR in order to reduce cyber-attacks which also influence market demand.
Author Credits: Abhishek Verma
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