Press release
Trusted by None, Protected by All: [Cisco Systems, Inc]'s Zero Trust Security Paradigm Fortifies Enterprise Networks
![Trusted by None, Protected by All: [Cisco Systems, Inc]'s Zero](https://cdn.open-pr.com/L/3/L314781728_g.jpg)
Zero Trust Security has emerged as a game-changer. This holistic approach to cybersecurity is designed to protect modern, distributed networks by eliminating the notion of inherent trust and continuously verifying every user, device, and application before granting access.
Market Overview
The global Zero Trust Security market is experiencing rapid growth, fueled by the increasing sophistication of cyber-attacks, the rise of remote work, and the adoption of cloud computing and Internet of Things (IoT) technologies. According to a report by Market Research Future, Zero Trust Security Market Size was valued at USD 11.78 Billion in 2021. The Zero Trust Security market industry is projected to grow from USD 23.65 Billion in 2022 to USD 89.54 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.9% during the forecast period (2023 - 2032).
Request To Free Sample of This Strategic Report -
https://www.marketresearchfuture.com/sample_request/8642
Key Market Segments
The Zero Trust Security market can be segmented based on various factors, including component, deployment mode, organization size, industry vertical, and security type.
Component: The market is divided into solutions and services. Solutions include data security, endpoint security, API security, security analytics, and others. Services encompass professional services (consulting, implementation, and support) and managed services.
Deployment Mode: Zero Trust Security solutions can be deployed on-premises, in the cloud, or through hybrid models, with the cloud segment expected to experience significant growth due to its scalability and cost-effectiveness.
Organization Size: The market is segmented into small and medium-sized enterprises (SMEs) and large enterprises, with the latter segment holding a larger share due to their extensive IT infrastructure and stringent security requirements.
Industry Vertical: The Zero Trust Security market serves a wide range of industries, including banking, financial services, and insurance (BFSI), healthcare, government, retail, and others.
Security Type: The market is segmented based on various security types, such as data security, network security, endpoint security, and application security.
Industry Latest News
The Zero Trust Security market has witnessed several notable developments in recent times:
In May 2023, Microsoft announced the acquisition of CloudKnox Security, a leader in Zero Trust Cloud Infrastructure Entitlement Management (CIEM), to enhance its Zero Trust capabilities and strengthen its cloud security offerings.
Palo Alto Networks introduced its Next-Generation Zero Trust Network Access (ZTNA) solution, Prisma Access, in April 2023, enabling secure access to applications and data from anywhere.
Google unveiled its Zero Trust Architecture framework, BeyondCorp Enterprise, in March 2023, aimed at helping organizations implement a comprehensive Zero Trust security strategy.
Buy Now Premium Research Report -
https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=8642
Key Companies
The Zero Trust Security market is highly competitive, with several key players vying for market dominance. Some of the major companies operating in this space include:
Cisco Systems, Inc.
IBM
Akamai Technologies
Google LLC
Check Point Software Technologies Ltd.
Pulse Secure, LLC.
Palo Alto Networks.
Zscaler, Inc.
Deloitte Touche Tohmatsu Limited
Tata Consultancy Service Limited
Microsoft Corporation
KPMG
These companies are continuously investing in research and development to enhance their product offerings and stay ahead of the competition.
Browse In-depth Market Research Report (111 Pages, Charts, Tables, Figures) on Zero Trust Security -
https://www.marketresearchfuture.com/reports/zero-trust-security-market-8642
Market Drivers
Several factors are driving the growth of the Zero Trust Security market:
Increasing Cyber Threats: The rise in sophisticated cyber attacks, such as ransomware, advanced persistent threats (APTs), and data breaches, is prompting organizations to adopt a Zero Trust approach to enhance their security posture.
Distributed Workforce: The COVID-19 pandemic has accelerated the adoption of remote work and brought attention to the need for secure access to corporate resources from anywhere, driving the demand for Zero Trust solutions.
Cloud Migration: As organizations embrace cloud computing, they require robust security solutions that can protect their data and applications across multi-cloud environments, aligning with the Zero Trust principles.
Regulatory Compliance: Various industries, such as healthcare and finance, are subject to stringent regulations regarding data protection and privacy, necessitating the implementation of Zero Trust Security solutions.
Internet of Things (IoT): The proliferation of IoT devices and their integration with corporate networks has increased attack surfaces, highlighting the need for a Zero Trust approach to secure these connected devices.
Ask for Customization -
https://www.marketresearchfuture.com/ask_for_customize/8642
Regional Insights
The Zero Trust Security market is witnessing growth across various regions, with North America and Europe being the early adopters. However, the Asia-Pacific region is expected to experience the highest growth rate during the forecast period, driven by the rapid adoption of digital technologies, the increasing number of cyber threats, and the presence of major technology companies in countries like China, India, and Japan.
Additionally, the Middle East and Africa, as well as Latin America, are emerging as promising markets for Zero Trust Security solutions, as organizations in these regions prioritize cybersecurity and strive to protect their digital assets from evolving threats.
Other Exclusive MRFR's Regional Reports:
US Blockchain in Insurance Market -
https://www.marketresearchfuture.com/reports/us-blockchain-insurance-market-16456
US High Altitude Long Endurance (Pseudo Satellite) Market -
https://www.marketresearchfuture.com/reports/us-high-altitude-long-endurance-market-13488
US Embedded Hypervisor Software Market -
https://www.marketresearchfuture.com/reports/us-embedded-hypervisor-software-market-14373
US IoT Gateways Market -
https://www.marketresearchfuture.com/reports/us-iot-gateways-market-13847
US CAS9 Technology Market -
https://www.marketresearchfuture.com/reports/us-cas9-technology-market-13615
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Also, we are launching "Wantstats" the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.
Contact Us:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Trusted by None, Protected by All: [Cisco Systems, Inc]'s Zero Trust Security Paradigm Fortifies Enterprise Networks here
News-ID: 3429746 • Views: …
More Releases from market research future
Gigabit Internet Market 2024-2032: Comprehensive Growth Analysis, USD 57.8 Billi …
✿➤ Market Overview
The Gigabit Internet Market Industry is expected to grow from USD 15.63 Billion in 2024 to USD 57.8 Billion by 2032. The Gigabit Internet Market CAGR growth rate is expected to be around 17.76% during the forecast period 2024 - 2032.
Gigabit Internet refers to broadband internet service that provides speeds of 1 gigabit per second (Gbps) or higher, enabling faster downloads, uploads, and smoother streaming experiences. It supports…
Pigment Black Market to Witness Robust Expansion by 2032
The pigment black market encompasses a range of black pigments used across various industries, including automotive, construction, plastics, and coatings. These pigments are essential for providing deep black coloration and enhancing the visual appeal and performance of products. The market is characterized by a variety of black pigments, including carbon black, iron oxide black, and others, each with distinct properties and applications.
Overview of Pigment Black Market
Pigment Black Market Size was…
Vegetable Fatty Acids Market Global Industry Report, 2032
The vegetable fatty acids market has been experiencing notable growth, driven by increasing consumer demand for natural and sustainable products. These fatty acids, derived from various vegetable sources such as palm oil, soybean oil, coconut oil, and sunflower oil, are essential ingredients in numerous industrial applications. Their versatility and biodegradability make them attractive alternatives to synthetic chemicals, aligning with the global trend towards sustainability and environmentally friendly products.
Vegetable Fatty Acids…
Pigment Red 166 Market to Reach $2.5 Billion, Globally, by 2032
The global market for Pigment Red 166 (PR 166), a high-performance pigment known for its excellent lightfastness, heat resistance, and color strength, is experiencing robust growth. PR 166 is widely used in various applications, including plastics, coatings, inks, and textiles, due to its vibrant red hue and superior properties. This pigment is part of the azo pigment group and is valued for its stability and versatility, making it a preferred…
More Releases for Trust
Trust and Corporate Service Market 2022 Key Country Analysis | Intertrust, Wilmi …
Trust and Corporate Service Market research report offers an in-depth analysis of the global Trust and Corporate Service Market by presenting the details about the latest product launches and recent innovations in the market. It also provides data about the impact on the market growth due to covid-19. The competitive landscape has also been incorporated into the market so as to understand the market's current scenarios and trends. Moreover, the…
Trust Administration Service Market 2022 Key Players Opportunities Assessment an …
The "Global Trust Administration Service Market" research report represents major insights on the current growth dynamics as well as the primary revenue generation elements that are available in the Trust Administration Service industry along with various other factors over the predicted period 2022-2028. The report on the Trust Administration Service market is focusing on a series of parameters including top manufacturing strategies, industry share, prime opportunities, industrial channel, profit margin,…
Working Together, Reinstating Trust
This year at Zenesys, dialogs are focused on the subject of "working together, reinstating trust".
It's a fair topic as the world is often changing at a good pace. We must join hands and work together to maintain that pace. But, to work together needs trust, and what is often found missing is how building trust needs working together.
So, what do we mean by here exactly?…
Family Office Market May Set New Growth Story | HSBC Bank, Northern Trust, Besse …
This intelligence report provides a comprehensive analysis of the "Global Family Office Market. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It’s a 360-degree overview of the global market's competitive landscape. The report further predicts the size and valuation of the global market during the forecast…
North Florida Land Trust is applying for accreditation from the Land Trust Accre …
Jacksonville, Fla., March 6, 2017 – North Florida Land Trust is pleased to announce it is applying for accreditation from the Land Trust Accreditation Commission, an independent program of the Land Trust Alliance. A public comment period is now open and the commission is asking anyone who wishes to send in their comments to please do so by May 26, 2017.
The Land Trust Accreditation Commission conducts an extensive review…
Digital trust
How the company CryptoTec is contributing to the creation of a new world
Cologne, 07 March 2016
Digitalisation is spreading to more and more areas of our lives. Take photography as an example: within a decade, it underwent a complete digital transformation. And, as Telekom has announced, landlines will be phased out by 2018 as well and will be fully replaced by IP telephone services. Digitalisation and the Internet are changing…
