The new report by Expert Market Research titled, ‘Global Zero Trust API Security Market Size, Share, Growth, Analysis, Report and Forecast 2022-2027’, gives an in-depth analysis of the global zero trust security market, assessing the market based on its segments like solution types, deployment types, authentication types, organisation sizes, verticals, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/zero-trust-security-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
- Historical Market Size (2021): USD 22.99 Billion
- Forecast CAGR (2022-2027): 30%
- Forecast Market Size (2027): USD 59.89 Billion
The growth in the global market for zero trust security is being driven by the rising frequency of cyber-threats across various industry verticals. Owing to the robust digitisation, the vulnerability of data to online scams is a leading factor shaping the growth of the market. In addition, advancements in digital technologies, like artificial intelligence and machine learning, along with the growing usage of cloud computing are factors further enhancing the growth of the global market. The rising need for network compliance, data from unauthorised access, and to get a centralised view on cyber threats, are some factors enhancing the growth of the market. With the extensive use of work from home trend, bring-your-own-device (BYOD), and internet saturation across the globe, the demand for zero-trust security is growing.
Industry Definition and Major Segments
Zero trust is a practical and realistic approach to security that revolves around the concept of removing trust from the network architecture of a company. A sophisticated data security solution is based on the “never trust, always verify” principle. Rather than assuming that everything is safe and secure inside the firewall, the security solution assumes a breach and checks each request, presuming that every network has been infiltrated. This promotes the security of data. Hence, the rising demand for zero-network security solutions to boost reliability is fuelling the growth of the market.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/zero-trust-security-market
By solution type, the market is divided into:
- Network Security
- Data Security
- Endpoint Security
- API Security
- Cloud Security
- Others
On the basis of deployment type, the market includes:
- Cloud
- On-Premises
On the basis of authentication type, the market can be classified into:
- Single-factor Authentication
- Multi-factor Authentication
Based on organisation size, the market is divided into:
- SMEs
- Large Enterprise
The market, based on industry vertical, can be distributed into:
- IT and Telecom
- BFSI
- Healthcare and Social Assistance
- Retail
- Utilities
- Others
On the basis of region, the industry is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The increasing need for cloud-based zero trust security solutions among SMEs is anticipated to provide opportunities for a zero-trust security market during the forecast period. High demand for better visibility due to the rising IoT traffic among enterprises provides opportunities for the market growth of zero-trust security globally. Rising digitalisation, increasing awareness and investment in zero-trust security solutions, and implementation of favourable government regulations are additional factors defining the growth of the market. Further, the willingness to adopt zero-trust security by leading organisations to prevent losses pertaining to finance, property, and sensitive information, are further enhancing the growth of the market.
Key Market Players
The major players in the market are Cisco Systems, Inc., Akamai Technologies, IBM Corporation, Broadcom Inc., and McAfee Enterprise, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact
Company Name: Claight Corporation
Contact Person: Shira Ellis Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
Read More Reports:
Global Non Ionizing Radiation EMF Detection Measurement and Safety Market - https://hightimbertimes.com/business/global-non-ionizing-radiation-emf-detection-measurement-and-safety-market-to-be-driven-by-growing-expansion-of-the-major-end-use-industries-in-the-forecast-period-of-2022-2027/137389/
Global Network Traffic Analyser Market - https://hightimbertimes.com/technology/global-network-traffic-analyser-market-to-be-driven-by-increasing-network-traffic-and-complexities-in-the-forecast-period-of-2022-2027/167422/
Global Humanised Mouse and Rat Model Market - https://hightimbertimes.com/business/global-humanised-mouse-and-rat-model-market-to-be-driven-by-rising-demand-for-personalised-medicine-in-the-forecast-period-of-2022-2027/138361/
India Electric Passenger Cars Market - https://hightimbertimes.com/business/india-electric-passenger-cars-market-to-be-driven-by-the-improvements-in-the-automotive-ecosystem-in-the-country-in-the-forecast-period-of-2022-2027/138442/
Global Water Heater Market - https://hightimbertimes.com/business/global-water-heater-market-to-be-driven-by-the-emerging-e-commerce-industry-in-the-forecast-period-of-2022-2027/138502/
Fragrance Industry Market Analysis — https://www.expertmarketresearch.com/reports/perfume-market
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
