How big is the Zero Trust Security Market?

The Zero Trust Security Market size is expected to reach USD 32.61 billion in 2024 and grow at a CAGR of 17.67% to reach USD 73.57 billion by 2029. Read More

What is the current Zero Trust Security Market size?

In 2024, the Zero Trust Security Market size is expected to reach USD 32.61 billion. Read More

Who are the key players in Zero Trust Security Market?

Cisco Systems Inc., Palo Alto Networks, Inc., Broadcom Inc. (Symantec Corporation), Microsoft Corporation and IBM Corporation are the major companies operating in the Zero Trust Security Market. Read More

Which is the fastest growing region in Zero Trust Security Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Zero Trust Security Market?

In 2024, the North America accounts for the largest market share in Zero Trust Security Market. Read More

What years does this Zero Trust Security Market cover, and what was the market size in 2023?

In 2023, the Zero Trust Security Market size was estimated at USD 26.85 billion. The report covers the Zero Trust Security Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Zero Trust Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Zero Trust Security Market Share

Statistics for the 2023 & 2024 Zero Trust Security market share, created by Mordor Intelligence™ Industry Reports. Zero Trust Security share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Zero Trust Security Industry

The zero trust security market is fragmented with the presence of global and regional players such as Cisco Systems Inc., Palo Alto Networks Inc., IBM Corporation Inc., Broadcom Inc. (Symantec Corporation), and Microsoft Corporation. Moderate to high product differentiation, growing levels of product penetration, and high levels of competition characterize the market. Generally, the solutions are offered as a package solution, making the consolidated offering look like a part of the product's service.

In September 2023, Broadcom acquired Vmware. With its potential VMware acquisition, Broadcom can meld Symantec's security portfolio with VMware's SD-WAN capabilities. By integrating Symantec, VMware SD-WAN, and some of Carbon Black's security capabilities, Broadcom could enter the single-vendor secure access service edge (SASE) industry and boost its overall SASE industry share and revenue if executed well. Broadcom's current Symantec SASE and security service edge (SSE) portfolio includes components such as secure web gateway (SWG), data loss prevention (DLP), cloud access security brokers (CASB), zero-trust network access (ZTNA), SSL inspection, and web isolation.
In July 2023, Accenture teamed with Palo Alto Networks to bolster Zero Trust Security. In order to enable enterprises to improve their cybersecurity posture and speed up the implementation of business transformation initiatives, they have joined forces to deliver jointly secure access service edge solutions using a SASE solution. Palo Alto Networks and Accenture provide a comprehensive managed SASE solution that tackles organizations' challenges. Enterprises worldwide can accelerate their business transformation by combining the strength of the largest global systems integrator with the SASE solution, benefiting from improved network performance and a consistent security policy and implementation.