Zero Trust Network Access Market worth $138.82 billion by 2030, growing at a CAGR of 23.54% - Exclusive Report by 360iResearch

The "Zero Trust Network Access Market by Security (Cloud Security, Data Security, Endpoint Security), Authentication (Multi-Factor Authentication, Single-Factor Authentication), Deployment, Organization, Application Area - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Zero Trust Network Access Market to grow from USD 31.60 billion in 2023 to USD 138.82 billion by 2030, at a CAGR of 23.54%.

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Zero trust network access (ZTNA) refers to a security framework and solution that operates on the principle that no user or system should be automatically trusted, whether inside or outside the network perimeter. ZTNA requires verification and validation at every stage of digital interaction, providing access to applications and data on a strictly need-to-know basis. This approach reduces the risk of unauthorized access and data breaches by eliminating implicit trust and continuously monitoring and adjusting permissions. The rising incidences of cyber-attacks and data breaches, increasing remote workforce, and the shift toward cloud-based services are significant drivers of the zero trust network access. Additionally, the complexity of network infrastructure and the inadequacy of traditional security measures in the face of advanced threats further drive the adoption of zero-trust security frameworks. Implementing a zero-trust model can be complex and resource-intensive, with challenges including legacy system integration, the need for continuous monitoring, and policy management. Moreover, organizations might face resistance from employees due to changes in access controls and workflow disruptions during the transition to a zero-trust environment. The growing demand for enhanced security in Internet-of-Things (IoT) devices, increasing adoption of Software as a Service (SaaS) applications, and the evolution of artificial intelligence (AI) and Machine Learning (ML) in cybersecurity present significant opportunities for the ZTNA market. Furthermore, the expanding acceptance of Bring Your Own Device (BYOD) policies and the ongoing digital transformation across industries create a fertile environment for ZTNA solution providers to innovate and expand their offerings.

Market Segmentation & Coverage:

This research report categorizes the Zero Trust Network Access Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Security, market is studied across Cloud Security, Data Security, Endpoint Security, and Network Security. The Data Security is projected to witness significant market share during forecast period.

Based on Authentication, market is studied across Multi-Factor Authentication and Single-Factor Authentication. The Single-Factor Authentication is projected to witness significant market share during forecast period.

Based on Deployment, market is studied across Cloud and On-Premises. The On-Premises is projected to witness significant market share during forecast period.

Based on Organization, market is studied across Large Enterprise and SMEs. The Large Enterprise is projected to witness significant market share during forecast period.

Based on Application Area, market is studied across BFSI, Healthcare, IT & Telecom, and Retail & Consumer Goods. The BFSI is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Zero Trust Network Access Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Zero Trust Network Access Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Zero Trust Network Access Market, highlighting leading vendors and their innovative profiles. These include AppGate, Inc., Check Point Software Technologies, Cisco Systems, Inc., Cloudflare, Inc., Cyxtera Technologies, Inc., Google LLC, Illumio, Inc., International Business Machines Corporation, McAfee Corporation, NetMotion By Absolute Software, NordLayer, Perimeter 81, Sophos Group PLC, Twingate, and Zscaler, Inc..

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Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Zero Trust Network Access Market, by Security
7. Zero Trust Network Access Market, by Authentication
8. Zero Trust Network Access Market, by Deployment
9. Zero Trust Network Access Market, by Organization
10. Zero Trust Network Access Market, by Application Area
11. Americas Zero Trust Network Access Market
12. Asia-Pacific Zero Trust Network Access Market
13. Europe, Middle East & Africa Zero Trust Network Access Market
14. Competitive Landscape
15. Competitive Portfolio
16. Appendix

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Zero Trust Network Access Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Zero Trust Network Access Market?
3. What is the competitive strategic window for opportunities in the Zero Trust Network Access Market?
4. What are the technology trends and regulatory frameworks in the Zero Trust Network Access Market?
5. What is the market share of the leading vendors in the Zero Trust Network Access Market?
6. What modes and strategic moves are considered suitable for entering the Zero Trust Network Access Market?

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