Global Zero-Trust Security Market to 2024 - Increasing Need for Cloud-Based Zero Trust Security Solutions Among SMEs

DUBLIN, Oct. 30, 2019 /PRNewswire/ -- The "Zero-Trust Security Market by Solution Type (Data Security, Endpoint Security, API Security, Security Analytics, Security Policy Management), Deployment Type, Authentication Type, Organization Size, Vertical, and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The global zero trust security market size is estimated to grow from USD 15,617 million in 2019 to USD 38,631 million by 2024, at a Compound Annual Growth Rate (CAGR) of 19.9% from 2019 to 2024.

Network and data are vital assets for businesses that are involved in transactions and communications. Zero trust security combines multiple layers of defences to protect the IT infrastructure from advanced threats by collecting and analyzing different types of security event information.

To ensure usability, reliability, integrity, and safety of data from unauthorized access, data leakages, data modifications, and other threats, zero trust security software solutions play a major role in combating evolving security-related challenges. Zero trust security solutions are of various types, which include network security, data security, endpoint security, Security Orchestration Automation and Response (SOAR), API security, security analytics, and security policy management.

Such growth in the market can be attributed to increasing awareness and investment in zero trust security solutions across global organizations operating across industry verticals.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Zero-Trust Security Market
4.2 Market Share of Top 3 Verticals and Regions, 2019
4.3 Market Top 3 Solutions, 2019-2024
4.4 Market By Deployment Type, 2019-2024
4.5 Market By Organization Size, 2019

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Frequency of Target-Based Cyberattacks
5.2.1.2 Increasing Regulations for Data Protection and Information Security
5.2.2 Restraints
5.2.2.1 Budgetary Constraints Among Small and Emerging Start-Ups in Developing Economies
5.2.3 Opportunities
5.2.3.1 High Demand for Better Visibility Due to the Rising IoT Traffic Among Enterprises
5.2.3.2 Increasing Need for Cloud-Based Zero Trust Security Solutions Among SMEs
5.2.4 Challenge
5.2.4.1 Design and Implementation Challenges to Deploy Zero Trust Security Solutions
5.3 use Cases
5.4 Industry Trends

6 Zero-Trust Security Market By Solution Type
6.1 Introduction
6.2 Network Security
6.2.1 Network Security Enables Detection, Monitoring, and Prevention of Network Malfunction
6.3 Data Security
6.3.1 Data Security Prevents Data Leakages Through Database Auditing and Reporting, Encryption and Tokenization, Data Masking and Redaction, and Access Control Management
6.4 Endpoint Security
6.4.1 Increasing Number of Connected Devices to Drive Adoption of Endpoint Security
6.5 Security Orchestration Automation and Response
6.5.1 Soar Enables Organizations to Automatically Detect and Respond to Security Operations From a Single Console
6.6 API Security
6.6.1 API Security Offers Optimal Defense Solution for Mitigating Cyber Threats
6.7 Security Analytics
6.7.1 Security Analytics Complements Traditional Security Measures Offering Real-Time Analytics to Organizations
6.8 Security Policy Management
6.8.1 Security Policy Management Facilitates Easy Compliance Management and Reduces Reliance on Manual Process
6.9 Others

7 Zero-Trust Security Market By Deployment Type
7.1 Introduction
7.2 On-Premises
7.2.1 On-Premises Zero Trust Security Solutions Offer Complete Control Over Security Policies
7.3 Cloud
7.3.1 Cloud Zero Trust Security Solutions Offer Cost-Effectiveness and Ease of Customization

8 Zero-Trust Security Market By Authentication Type
8.1 Introduction
8.2 Single-Factor Authentication
8.2.1 Single-Factor Authentication Simplifies Access to the Network System
8.3 Multi-Factor Authentication
8.3.1 Multi-Factor Authentication Provides Additional Security Through Multiple Protection Layers

9 Zero-Trust Security Market By Organization Size
9.1 Introduction
9.2 Small and Medium-Sized Enterprises
9.2.1 Small and Medium-Sized Enterprises to Manage Unawared Various Cyber Risks Through Zero Trust Security Solutions
9.3 Large Enterprises
9.3.1 Large Enterprises Leverage Zero Trust Security Capabilities to Tackle Cyber Risks Occurred From Malware and Human Errors

10 Zero-Trust Security Market By Vertical
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.2.1 Banking, Financial Services, and Insurance to Reduce Risk of Using Digital Banking Applications
10.3 IT and Telecommunications
10.3.1 IT and Telecommunications Prefer Business Models Enabled With Zero Trust Security Solutions to Prevent Large Amounts of Sensitive Data
10.4 Government and Defense
10.4.1 Government and Defense to Continuously Invest in Cyber Security-Related Solutions
10.5 Retail and Ecommerce
10.5.1 Retail and Ecommerce Companies to Prevent Endpoint Access
10.6 Healthcare
10.6.1 Healthcare Companies Focus on Securing Large Repository of Patient Information
10.7 Energy and Power
10.7.1 Energy and Power Companies Adopting Zero Trust Security Solutions to Safeguard Operational Technologies
10.8 Others

11 Zero-Trust Security Market By Region

Company Profiles

• Akamai
• Centrify
• Check Point Software Technologies
• Cisco
• Cloudflare
• Cyxtera Technologies
• Forcepoint
• Fortinet
• Google
• IBM
• Illumio
• Microsoft
• OKTa
• ON2IT
• Palo Alto Networks
• Pulse Secure
• Sophos Group PLC
• Symantec
• Trend Micro
• VMware

For more information about this report visit https://www.researchandmarkets.com/r/kh1lmn

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