ZERO TRUST ARCHITECTURE MARKET ANALYSIS

Zero Trust Architecture Market, By Component (Identity and Access Management (IAM), Multi-Factor Authentication (MFA), Network Security Solutions, Endpoint Security Solutions, Security Analytics and Automation, Data Security Solutions, Security Policy and Enforcement), By Deployment Type (On-Premises, Cloud-based), By Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises), By Application (Network Security, Data Security, Application Security, Endpoint Security, Cloud Security), By End-use Industry (IT and Telecommunications, Banking, Financial Services, and Insurance (BFSI), Healthcare, Government and Defense, Retail and eCommerce, Manufacturing, Energy and Utilities, Others), By Service (Consulting and Advisory Services, Implementation and Integration Services, Managed Services, Training and Support Services), By Security Layer (User/Application Authentication, Device/Endpoint Authentication, Network Segmentation and Micro-Segmentation, Data Encryption and Protection, Threat Detection and Response), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global Zero Trust Architecture Market- Recent Developments

New Product Launches

In January 2023, Trend Micro Incorporated is a company that specializes in cybersecurity solutions introduced a new subsidiary named "CTOne," dedicated to providing comprehensive 5G network security solutions. CTOne's mission is to enhance the digital resilience of vertical application sectors, and to ensure the security of applications within a private 5G network environment, from inception to operation.
In May 2021, Palo Alto Networks, a prominent figure in The forrester wave zero trust extended ecosystem platform providers, launched five significant advancements aimed at simplifying the implementation of zero trust principles throughout its network security infrastructure for their customers
In February 2023, Palo Alto Networks is a prominent cybersecurity company known for its advanced security platforms launched an innovative zero trust security solution specifically crafted to safeguard the operational technology (OT) ecosystems within industrial entities

Acquisition and Partnerships

In January 2023, Xcitium, a cybersecurity provider, announced partnership with Carrier SI, a communication solutions provider. The primary objective of this partnership is to provide improved and cost-effective endpoint security solutions. The customers of Carrier SI will gain access to cutting-edge endpoint cybersecurity technology that has the capacity to detect and mitigate both known and unknown cyberattacks.
In September 2021, Fortinet, a prominent provider of comprehensive, automated cybersecurity solutions on a global scale, partnered with Linksys, a leading manufacturer of wireless networking products worldwide, to launch a collaborative solution designed to empower enterprise organizations in bolstering the security and support of remote work networks
In October 2023, Kyndryl announced partnership with Palo Alto Networks, aiming to deliver top-tier network and cybersecurity services