Posts

Showing posts with the label Zero Trust Security Market

Zero Trust Security Market Will Grow Rapidly In Coming Years

  The global zero trust security market is gaining significant momentum as organizations move away from traditional perimeter-based cybersecurity models and adopt security architectures centered on continuous verification. The expansion of cloud computing, hybrid work, remote access, connected devices, and SaaS applications has increased the number of users, endpoints, and applications that organizations must protect. Zero trust security follows a continuous verification approach for users, devices, applications, and network activity, helping organizations control access and reduce exposure to unauthorized activity. Rising ransomware incidents, insider threats, data breaches, and stricter data privacy requirements are encouraging enterprises and government agencies to strengthen identity-centric security frameworks. At the same time, artificial intelligence, behavioral analytics, multi-factor authentication, micro-segmentation, and Zero Trust Network Access are becoming increasing...

Zero Trust Security Market Is Expected To Exhibit CAGR 16.6% From 2023 To 2030

  Zero Trust Security Industry Overview The global zero trust security market size was estimated to be USD 24.84 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 16.6% from 2023 to 2030. The growth of the zero trust security industry can be attributed to various factors, such as the growing trend in CYOD and BYOD concepts, increasing the number of cyber attacks, and improving regulation concerning cybersecurity, among others. The popularity of Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) trends is increasing significantly across organizations. Major Advantage, such as cost reduction on the endpoint infrastructure procurement front, has been driving the growth of zero-trust security. Moreover, the improvements in employee productivity ensured by allowing them to work on familiar devices drive the popularity of such concepts. The BYOD concept attained a reputation during the COVID-19 pandemic as organizations embraced the remote ...

Zero Trust Security Market Worth $59.43 Billion By 2028 | CAGR: 15.2%

Zero Trust Security Industry Overview The global zero trust security market size was valued at USD 19.8 billion in 2020 and is expected to register a compound annual growth rate (CAGR) of 15.2% from 2021 to 2028.  The proliferation of endpoint devices, coupled with the rising adoption of cloud technology, has triggered the need for implementing a zero-trust security framework. Lately, businesses are thriving on networking technology and computerized systems, which are prone to attack and vulnerable to unauthorized access. Moreover, the remote working policies, due to the COVID-19 pandemic, have further raised the need for a secured architecture framework that would enforce multi-factor authentication for accessing crucial data. Thereby, the need to secure complex networks, increase network administration visibility, and combat the internal and external threat from unauthorized access is driving the demand for security solutions and is expected to boost the market growth over the ...