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The global zero trust security market size is projected to grow from USD 31.1 billion in 2023 to USD 67.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. The growth of the zero trust security market is being fueled by rising trends in digital transformation and cloud adoption, which expand the attack surface and necessitate advanced security measures. Additionally, regulatory compliance requirements like GDPR and HIPAA push organizations to adopt zero trust security to ensure data protection and compliance.

Top Zero Trust Security Companies include

• Zscaler (US)
• Microsoft (US)
• VMware (US)
• Palo Alto Networks (US)
• Akamai (US) and many more....

These companies offer a variety of zero-trust security solutions, including zero-trust network access (ZTNA), identity and access management (IAM), and security information and event management (SIEM). The best company for your organization will depend on your specific needs and requirements.

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Traditional perimeter-based security is proving inadequate in the face of remote work and mobile devices, further driving the shift toward zero trust models. Moreover, the escalating sophistication of cyber threats, such as self-propagating malware and ransomware, makes zero trust security crucial for containing and mitigating potential breaches. Altogether, the convergence of these factors underscores the growing importance and adoption of zero trust security solutions.

What is zero trust security?

Zero trust architecture, as outlined in the latest draft of standards by the US National Institute of Standards and Technology (NIST), is characterized as a cybersecurity philosophy centered around safeguarding resources. It operates on the foundational principle that trust should never be assumed without ongoing scrutiny. Consequently, zero trust security isn't merely a single product or method; it encompasses a comprehensive network of interconnected policies, procedures, software, and hardware that collectively establish a zero-trust ecosystem.

Competitive overview:

The zero trust security market is led by some of the globally established players, such as Palo Alto Networks (US), VMware (US), Zscaler (US), Akamai (US), Microsoft (US), Cisco (US), IBM (US), Citrix (US), Check Point (US), Trellix (US), Forcepoint (US), CrowdStrike (US), Cloudflare (US), Fortinet (US), Google (US), and Qnext (Canada). Partnerships, agreements, collaborations, acquisitions, and product developments are some of the various growth strategies by these players to increase their market presence.

Zscaler (US)

Zscaler (US) is a prominent cloud security provider driving digital transformation by providing a cutting-edge Zero Trust Exchange platform. This platform securely connects users, devices, and applications across locations, protecting thousands of clients from cyber threats. Zscaler offers solutions like Zscaler Internet Access for external app security, Zscaler Private Access for internal apps, and Zscaler Digital Experience for user experience measurement. The company also offers a Posture Control solution that ensures robust security, while modules like Zscaler Central Authority and Enforcement Node enhance its offerings. Trusted by diverse industries, Zscaler collaborates with tech giants like Microsoft, Cisco, and AWS, headquartered in San Jose, California, pioneering modern-era cybersecurity.

Microsoft

Microsoft (US) Microsoft is a global tech company committed to empowering individuals and businesses with innovative solutions. It offers various products and services, including operating systems, productivity tools, cloud solutions, and consulting services. The company operates in three main segments: Productivity and Business Processes (including Office, Teams, and SharePoint), Intelligent Cloud (involving Azure and enterprise support), and More Personal Computing (including Windows licensing). Microsoft conducts extensive research and development to enhance personal and professional lives worldwide. Furthermore, it serves customers across various sectors and has a global presence spanning North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

VMware (US)

VMware, Inc., founded in 1998 and headquartered in Palo Alto, California, is a global leader in cloud infrastructure and digital workspace technology. Known for its pioneering role in virtualization technology, VMware allows businesses to run multiple virtual machines on a single physical server, significantly improving resource efficiency and reducing IT costs. The company's extensive product portfolio includes VMware vSphere, VMware NSX, and VMware vSAN, which collectively provide robust solutions for data center modernization, cloud integration, and network and security virtualization. VMware's innovations empower organizations to accelerate their digital transformation journeys, enhancing agility, productivity, and security across various IT environments.

Palo Alto Networks (US)

Palo Alto Networks, Inc., established in 2005 and headquartered in Santa Clara, California, is a renowned cybersecurity company dedicated to safeguarding digital infrastructures. The company is best known for its next-generation firewall solutions, which provide advanced threat prevention, secure access, and robust visibility across networks. Palo Alto Networks' comprehensive cybersecurity platform, which includes products like Prisma and Cortex, leverages machine learning and artificial intelligence to proactively detect and mitigate cyber threats. By offering integrated security solutions that protect cloud environments, endpoints, and networks, Palo Alto Networks helps enterprises prevent cyberattacks and ensure data security in an increasingly complex digital landscape.

Akamai (US)

Akamai Technologies, Inc., founded in 1998 and based in Cambridge, Massachusetts, is a leading provider of content delivery network (CDN) services and cloud security solutions. The company operates one of the world's largest distributed computing platforms, enabling rapid and reliable delivery of web content, applications, and streaming media. Akamai's services enhance user experiences by optimizing website performance and reducing latency. Additionally, Akamai offers robust security solutions, including web application firewalls and DDoS protection, to safeguard online assets from cyber threats. With a strong focus on innovation and scalability, Akamai supports businesses in improving their online presence and ensuring secure, high-performing digital experiences for their users.

Related Reports:

Zero Trust Security Market by Offering (Solution and Services), Security Type (Network Security, Application Security, Cloud Security, and Endpoint Security and IoT Security), Authentication Type, Vertical and Region - Global Forecast to 2028