Zero Trust Security Market Share

On the basis of geographical analysis, the global zero trust security market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in Asia Pacific is poised to account for largest revenue share by 2036, on the back of increasing adoption of digital payments and internet banking services and growing penetration of internet in emerging economies. For instance, as of 2020, China has the highest internet penetration in the Asia Pacific. Approximately 940 million people in the nation are internet users, followed by India where the number is more than 620 million. Moreover, the market in North America is projected to grab the largest share during the forecast period, which can be ascribed to the rising research & development activities regarding zero trust security services, early adoption of technological advancements in the IT industry. Apart from these, increasing investments and strategic partnerships by the major industry players in the region is also expected to fuel the expansion of North America’s market in the upcoming years.