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- Regional Insights

North America held the largest market share of 32.8% in 2022. The region is home to a large number of organizations that are adopting zero trust architecture to protect their data and systems from cyber-attacks.
Asia Pacific is expected to be the fastest-growing region with a CAGR of 30.6% during the forecast period 2022 to 2022. The region is witnessing a rapid adoption of cloud computing and mobile devices that increases attack surface for cybercriminals.
Europe held third-largest market share of 19.9% in 2022. The region is home to a large number of organizations that are implementing zero trust architecture to comply with the general data protection regulation (GDPR).

Figure 1. Global Zero Trust Architecture Market Share (%), By Region, 2022

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East