Zero Trust Security Market Trends

  • Report ID: 3206
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Zero Trust Security Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Incidences of Target-Based Cyberattacks
  • Rapid Digitization in Developing Nations

Challenges

  • Lack of Budget to Deploy Zero Trust Security Services in Startups in Developing Countries

Base Year

2024

Forecast Year

2025-2037

CAGR

16.8%

Base Year Market Size (2024)

USD 36.96 billion

Forecast Year Market Size (2037)

USD 278.28 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of zero trust security is estimated at USD 42.24 billion.

Zero Trust Security Market size was valued at USD 36.96 billion in 2024 and is likely to cross USD 278.28 billion by 2037, expanding at more than 16.8% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is predicted to hold largest revenue share by 2037, on the back of increasing adoption of digital payments and internet banking services and growing penetration of internet in emerging economies.

The major players in the market are Cisco Systems Inc., Palo Alto Networks, Trend Micro Inc., Akamai Technologies, IBM Corporation, and others.
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