Global Zero Trust Architecture Market Size, Share & Industry Trends Analysis Report By Component (Solution, and Services), By Organization Size, By Deployment Type (On-premise, and Cloud), By Vertical, By Regional Outlook and Forecast, 2023 - 2030

Analysis of Market Size & Trends

The Global Zero Trust Architecture Market size is expected to reach $49.6 billion by 2030, rising at a market growth of 15.8% CAGR during the forecast period.

The evolving and sophisticated nature of cyber threats requires a proactive security approach. Consequently, the IT & ITeS segment captured $4,654.2 million revenue in the market in 2022. The demand for ZTA tools is growing in this segment as the IT and ITeS sector is a prime target for cybercriminals due to the valuable information they handle. Additionally, in the IT and ITeS sector, handling sensitive data is commonplace. Ensuring adherence to industry standards and data protection regulations is paramount. By implementing stringent encryption, access controls, and continuous monitoring, zero trust tools aid compliance efforts by safeguarding sensitive data from unauthorized access and data breaches.

The major strategies followed by the market participants are Mergers & Acquisition as the key developmental strategy to keep pace with the changing demands of end users. For instance, In September, 2023, Palo Alto Networks, Inc. acquired Cider Security, aimed to integrate Cider's advanced capabilities into Palo Alto's Prisma cloud platform, enhancing customers' ability to prevent threats and vulnerabilities before applications enter production cloud environments. Additionally, In August, 2023, Check Point Software Technologies acquired Perimeter 81 to enhance its Security Service Edge (SSE) and Secure Access Service Edge (SASE) capabilities. Perimeter 81 also facilitated the adoption of secure access for Check Point customers across remote users, sites, cloud, data centers, and the internet.

KBV Cardinal Matrix - Market Competition Analysis

Based on the Analysis presented in the KBV Cardinal matrix; Microsoft Corporation is the forerunners in the Market. For Instance, In July, 2021, Microsoft Corporation acquired CloudKnox, a startup offering a multi-cloud permissions management platform, reinforcing Azure Active Directory with enhanced multi-cloud permissions management for increased visibility and automated remediation. The move aligns with Microsoft's zero-trust security approach, ensuring controlled access and data restriction based on continuous verification. Companies such as Akamai Technologies, Inc., Cisco Systems, Inc., IBM Corporation are some of the key innovators in Market.

Market Growth Factors

Increasing prevalence of cybersecurity threats

Cyber attackers are becoming more sophisticated, leveraging advanced techniques, tools, and strategies. Advanced persistent threats (APTs), zero-day exploits, and polymorphic malware make it challenging for traditional security measures to detect and mitigate these attacks. Supply chain attacks have become more prevalent, targeting third-party vendors, contractors, or service providers to gain access to the target organization. Compromising the supply chain can lead to widespread impacts, affecting multiple organizations through a single successful breach. ZTA solutions often leverage cutting-edge technologies such as behavioral analytics, automation, and encryption. Incorporating these technologies enhances organizations' security capabilities, contributing to the demand for ZTA solutions. Thus, as organizations prioritize implementing advanced security measures, the market experiences positive growth, positioning itself as a crucial component of modern cybersecurity strategies.

Rising demand for ZTA tools by SMEs

ZTA tools often prioritize simplicity and ease of implementation, allowing SMEs with limited IT resources to deploy and manage these solutions effectively. The streamlined deployment process reduces the complexity of adopting a zero-trust approach, making it more accessible for smaller organizations. SMEs often experience growth and expansion. ZTA tools are scalable and can adapt to the evolving needs of SMEs. Small and medium-sized enterprises (SMBs), or SMEs, comprise most businesses worldwide, creating employment opportunities and propelling the global economy forward. They comprise over 50% of employment and approximately 90% of businesses globally. Formal SME contributions to national income (GDP) in emerging economies can reach 40%. The aforementioned figures increase substantially when informal SMEs are incorporated. As SMEs recognize the importance of a proactive and comprehensive cybersecurity strategy, zZTA emerges as a viable and accessible solution to address their unique security challenges. Hence, the rapid growth of SMEs will aid in expanding the market in the coming years.

Market Restraining Factors

Challenges of integration with legacy systems

Organizations often grapple with the intricate nature of transitioning from conventional security models to the principles of ZTA. This intricate process demands meticulous planning, specialized expertise, and resource-intensive efforts. As a result, the perceived complexity of adopting ZTA can deter businesses, especially those with limited resources or stringent timelines, from embracing this advanced security framework. Many enterprises rely on legacy systems not designed with ZTA in mind. The inherent complexity of retrofitting or aligning these legacy systems with ZTA principles can result in prolonged implementation timelines, increased costs, and potential disruptions to ongoing operations. Consequently, organizations may face reluctance or reservations in fully embracing zero trust due to the complexities of reconciling legacy systems with modern security architectures. This integration challenge impedes the smooth adoption and market expansion of ZTA within diverse organizational landscapes.

The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are MERGERS & ACQUISITION.

Component Outlook

Based on component, the market is bifurcated into solution and services. The services segment procured a considerable growth rate in the market in 2022. Zero trust services offer the expertise of cybersecurity professionals who can assess an organization's specific needs, risks, and existing infrastructure. Consultants provide tailored recommendations and guidance on the most effective implementation of zero trust principles. Services often include training programs to educate employees and IT staff on zero trust principles and best practices. This helps create a security-aware culture within the organization and ensures that personnels are well-equipped to adhere to zero trust principles. Therefore, because of the vast use cases of services, the segment will grow rapidly.

Organization Size Outlook

On the basis of organization size, the market is classified into small & medium enterprises (SMEs) and large enterprises. The large enterprises segment acquired the largest revenue share in the market in 2022. Compound networking, programs, and endpoints of large organizations necessitate robust solutions to protect data through real-time authentication recording and validation. This is driving the segment's expansion. Organizations place a greater risk of an internal breach on authorized users who obey compliance requirements alone. A compliant network cannot solely assure a secure environment, as internal trusted sources may also pose a breach threat. With the bare minimum of privileges, the zero-trust security model instills no confidence in enterprise-authorized users.

Deployment Type Outlook

By deployment type, the market is divided into cloud and on-premise. The cloud segment garnered a remarkable growth rate in the market in 2022. Comfort and convenience provided by cloud-based deployment, including, but not limited to, reduced reliance on on-premises investments, continuous monitoring, adaptable options, automated backups, and efficient patch management, have contributed to the expansion of the cloud-based market segment. The scalability and adaptability offered by cloud-based deployment are among the most significant contributors to the expansion of the segment.

Vertical Outlook

Based on vertical, the market is segmented into BFSI, government & defense, IT & ITeS, healthcare, retail & ecommerce, energy & utilities, and others. The retail & ecommerce segment recorded a promising growth rate in the market in 2022. The adoption of ZTA is steadily increasing in retail and e-commerce due to several compelling factors. These encompass the management of valuable assets and data within the sector, including sensitive customer details and product specifications, which are particularly susceptible to cyberattacks. Zero trust provides a sturdy framework for these security protocols. Furthermore, retail and eCommerce organizations are becoming increasingly mindful of the advantages of protecting the data and systems propelling its implementation.

Zero Trust Architecture Market Report Coverage

Report Attribute	Details
Market size value in 2022	USD 15.6 Billion
Market size forecast in 2030	USD 49.6 Billion
Base Year	2022
Historical Period	2019 to 2021
Forecast Period	2023 to 2030
Revenue Growth Rate	CAGR of 15.8% from 2023 to 2030
Number of Pages	316
Number of Table	454
Report coverage	Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Market Share Analysis, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered	Component, Organization Size, Deployment Type, Vertical, Region
Country scope	North America (US, Canada, Mexico, and Rest of North America) Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe) Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific) LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included	Palo Alto Networks, Inc., VMware, Inc., Zscaler, Inc., Akamai Technologies, Inc., Microsoft Corporation, Cisco Systems, Inc., IBM Corporation, Citrix Systems, Inc. (Cloud Software Group, Inc.), Check Point Software Technologies Ltd. and Forcepoint LLC (Francisco Partners
Growth Drivers	Increasing prevalence of cybersecurity threats Rising demand for ZTA tools by SMEs
Restraints	Challenges of integration with legacy systems

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment garnered a considerable growth rate in the market in 2022. Regional market expansion is propelled by the concern for preventing unauthorized data breaches by monitoring secure network access in the financial, healthcare, public, and e-commerce sectors. The need for threat-hunting services has escalated due to the recurrence of numerous data breaches and the aftermath. An example of this is the May 2020 dark web publication of the private information of billions of voters, accompanied by a threat to sell the information of more voters.

Free Valuable Insights: Global Zero Trust Architecture Market size to reach USD 49.6 Billion by 2030

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Palo Alto Networks, Inc., VMware, Inc., Zscaler, Inc., Akamai Technologies, Inc., Microsoft Corporation, Cisco Systems, Inc., IBM Corporation, Citrix Systems, Inc. (Cloud Software Group, Inc.), Check Point Software Technologies Ltd. and Forcepoint LLC (Francisco Partners).

Strategies deployed in the Market

» Partnerships, Collaborations, and Agreements:

• Nov-2023: Akamai Technologies, Inc. and Deloitte, a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax, and related services, joined forces to offer Zero Trust services, combining Deloitte's cybersecurity expertise with Akamai's Guardicore Segmentation for immediate protection against ransomware attacks in Latin America and other regions.
• Sep-2023: Zscaler, Inc. partnered with CrowdStrike, a global cybersecurity leader with an advanced cloud-native platform, and Imprivata, solves complex workflow, security, and compliance challenges with a digital identity platform, to provide a tailored zero-trust cybersecurity solution for medical institutions. The integrated Zscaler and Imprivata Digital Identity Platform offered visibility, threat protection, and traceability for multi-user, shared device access control, meeting regulatory requirements such as HIPAA and HITECH.
• Aug-2023: Cisco Systems, Inc. expanded its technology partnership with Kyndryl, the world's largest IT infrastructure services provider, to deliver cyber resilience services. Kyndryl utilized Cisco's network software, hardware, and equipment alongside its own cyber resilience framework, enabling customers to proactively address and respond to cyber incidents.
• Jun-2023: Palo Alto Networks, Inc. partnered with Accenture, an Irish American professional services company based in Dublin, specializing in information technology services and consulting, to deliver joint Secure Access Service Edge (SASE) solutions, enhancing cybersecurity and accelerating business transformations. This collaboration provided enterprises with improved network performance and consistent security policies. Accenture introduced three services to expedite SASE adoption: Diagnostic and Advisory Services, Implementation Services, and SASE-as-a-Managed-Service, incorporating Prisma SASE, Zero Trust network access (ZTNA 2.0), and cloud-managed wide-area networking (WAN).
• May-2023: Zscaler, Inc. partnered with the Center for Internet Security, Inc. in CIS CyberMarket to enhance cybersecurity for SLTT governments, offering the Zero Trust Exchange platform at reduced rates for MS-ISAC and EI-ISAC members, encouraging collaboration and supporting election integrity.
• Jan-2023: Forcepoint LLC partnered with Kiteworks, an American technology company that secures sensitive content communications over channels, integrating Kiteworks Private Content Network (PCN) with Forcepoint Zero Trust Content Disarm and Reconstruction (CDR) and Data Loss Prevention (DLP) for demonstrable compliance and zero trust in high-threat environments.
• Dec-2022: Palo Alto Networks, Inc. collaborated with Google Cloud to provide a zero-trust network access (ZTNA) 2.0 solution, securing application access from any device. By combining Google Cloud's BeyondCorp Enterprise zero-trust solution with Palo Alto Networks' Prisma Access Security Service Edge (SSE), organizations enabled secure access to SaaS, cloud, and on-premises applications for hybrid users, irrespective of device management.
• Dec-2021: Zscaler, Inc. teamed up with Tech Data India, enabling direct purchase of security solutions and services from the Zscaler Zero Trust Exchange platform. This partnership enhanced Tech Data India's security portfolio, offering customers options for secure digital transformation and access in cloud-enabled architectures.

» Product Launches and Product Expansions:

• Nov-2023: Palo Alto Networks launched Strata Cloud Manager, the industry's initial AI-driven Zero Trust solution. With 4,400+ machine learning models, it showcased the efficacy of AI and Zero Trust in customer protection. The cybersecurity leader also unveiled advanced security features and five new Next-Generation Firewalls for modern enterprise use cases.
• Oct-2023: Check Point Software Technologies Ltd. released Quantum SASE, integrating technologies. The unified solution enhanced user experience, simplified SASE management, and provided fast, secure browsing. It reinforced Check Point's leadership in advanced cloud security with 2x faster internet security, full mesh Zero Trust Access, and Secured SD-WAN.
• Jun-2023: Akamai Technologies, Inc. launched Zero Trust Client (ZTC), combining EAA Client and ETP Client functionalities for streamlined access security and network threat protection. ZTC offered improved OTA updates and device inventory management.
• Mar-2023: Akamai Technologies, Inc. launched the Akamai Hunt security service, leveraging Akamai Guardicore Segmentation infrastructure, global attack visibility, and expert security researchers to hunt and address elusive threats and risks. Additionally, Agentless Segmentation was introduced to enable Akamai Guardicore Segmentation users to extend Zero Trust benefits to connected IoT and OT devices without the capacity to run host-based security software.
• Feb-2022: Forcepoint LLC launched Forcepoint ONE, a cloud platform integrated with zero trust and SASE technologies. It allowed security teams to manage a unified set of policies through a single console, covering technologies like Secure Web Gateway, Cloud Access Security Broker, and Zero Trust Network Access.
• Oct-2021: Citrix Systems Inc. introduced a new Secure Private Access Service in its SASE portfolio. It delivered a cloud based Zero Trust Network Access platform, ensuring user transparency and protection against unauthorized intrusion, regardless of the user's location. The emphasis on zero trust, limiting access to those with a verified need and understanding of the purpose, remained a focal point for Citrix.
• Aug-2021: IBM Security unveiled SASE services, in collaboration with Zscaler, leader in cybersecurity and zero trust digital transformation, to accelerate cloud-delivered security adoption. This approach, integral to a zero-trust security posture, involved cultural shifts and leveraged the IBM Security-Zscaler alliance for a streamlined transformation.
• May-2021: Palo Alto Networks unveiled five key innovations simplifying the adoption of Zero Trust in the network security stack. The focus was on empowering a hybrid workforce, allowing secure, unrestricted access to applications and data from any device, anywhere, both on and off the campus network—a fundamental pledge of a ZTA.
• Oct-2020: Citrix Systems, Inc. added Zero Trust solutions into its 'Ready Workspace Security Programme,' empowering customers to implement an intelligent, contextual approach to securing apps and devices. By collaborating with trusted and verified partners, companies could streamline vendor selection and maximize existing investments, creating a modern security framework with Zero Trust outcomes.

» Acquisitions and Mergers:

• Sep-2023: Palo Alto Networks, Inc. acquired Cider Security, a firm offering security solutions for end-to-end CI/CD security implementation. This move aimed to integrate Cider's advanced capabilities into Palo Alto's Prisma cloud platform, enhancing customers' ability to prevent threats and vulnerabilities before applications enter production cloud environments.
• Sep-2023: Cisco Systems, Inc. announced a definitive agreement to acquire Splunk, the cybersecurity and observability leader. After the acquisition's completion, Splunk's President and CEO Gary Steele joined Cisco’s Executive Leadership Team, reporting to Chair and CEO Chuck Robbins. This collaboration of two industry leaders with complementary AI, security, and observability capabilities aimed to enhance the value of data, fostering increased security and digital resilience for organizations of all sizes.
• Aug-2023: Check Point Software Technologies acquired Perimeter 81 to enhance its Security Service Edge (SSE) and Secure Access Service Edge (SASE) capabilities. The integration into Check Point Infinity architecture resulted in a unified security solution, safeguarding networks, clouds, and remote users. Perimeter 81 also facilitated the adoption of secure access for Check Point customers across remote users, sites, cloud, data centers, and the internet.
• May-2023: IBM Corporation has acquired automated cloud data security and compliance provider Polar Security for an undisclosed sum. With this integration, IBM Security Guardium will provide security teams with a data security platform that spans all data types across all storage locations - SaaS, on premise and in public cloud infrastructure.
• Sep-2022: Zscaler, Inc. Completed the acquisition of ShiftRight, a top player in closed-loop security workflow automation. ShiftRight's technology is now being incorporated into Zscaler's Zero Trust Exchange cloud security platform to automate security management, offering a streamlined solution to significantly reduce incident resolution time amidst the increasing risks and incidents faced by organizations.
• Nov-2021: IBM Security acquired ReaQta, Offers AI-powered & Automated Endpoint Security. The endpoint security solutions of ReaQta utilized AI to automatically detect and handle threats, maintaining stealthiness against adversaries. This acquisition aimed to broaden IBM's presence in the extended detection and response (XDR) market, aligning with the company's strategy of providing security with an open approach across various tools, data, and hybrid cloud environments.
• Sep-2021: Akamai Technologies, Inc. confirmed the acquisition of Guardicore, a Tel Aviv-based company, enhancing its Zero Trust security portfolio with Guardicore's micro-segmentation solution. This strategic move positioned Akamai to deliver comprehensive enterprise protection against threats, malware, and ransomware.
• Aug-2021: Microsoft Corporation acquired RiskIQ, a global threat intelligence leader, enhancing customer defenses with comprehensive insights into global threats, internet-facing vulnerabilities, and advanced threat intelligence. The integration enabled security teams to swiftly analyze and respond to digital attack surface threats.
• Jul-2021: Microsoft Corporation acquired CloudKnox, a startup offering a multi-cloud permissions management platform, reinforcing Azure Active Directory with enhanced multi-cloud permissions management for increased visibility and automated remediation. The move aligns with Microsoft's zero-trust security approach, ensuring controlled access and data restriction based on continuous verification.
• May-2021: Zscaler, Inc. finalized the acquisition of Smokescreen Technologies, a leader in active defense and deception technology, integrating advanced capabilities into the Zero Trust Exchange™ for precise detection of sophisticated attacks and enhanced threat intelligence.
• May-2021: Forcepoint LLC acquired Cyberinc, a Zero Trust security and remote browser isolation (RBI) technology provider. Integrating Cyberinc's technology into its secure access service edge (SASE) platform, Forcepoint aimed to deliver a data-first SASE platform, unifying security policy enforcement for organizations across employees, partners, and customers, as stated by Forcepoint CEO Manny Rivelo.
• May-2020: Zscaler, Inc. acquired Edgewise Networks, enhancing security for application-to-application communications in data centers and public clouds. This acquisition strengthened east-west communication security, establishing the identity of application software and processes for a zero-trust environment, reducing the attack surface and mitigating the risk of data breaches and application compromise.

» Geographical Expansions:

• Oct-2020: Microsoft Corporation expanded its geographical presence with the launch of the Zero Trust Deployment Center, serving as a resource hub to enhance Zero Trust readiness. It provided specific guidance for implementing Zero Trust principles across identities, endpoints, data, applications, networks, and infrastructure. The center simplified deployment guidance into straightforward objectives for each technology pillar, offering an actionable checklist for implementing Zero Trust principles in various environments.

Scope of the Study

Market Segments Covered in the Report:

By Component

• Solution
• Services

By Organization Size

• Large Enterprises
• Small & Medium Enterprises

By Deployment Type

• On-premise
• Cloud

By Vertical

• IT & ITeS
• Energy & Utilities
• Healthcare
• Government & Defense
• Retail & Ecommerce
• BFSI
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Palo Alto Networks, Inc.
• VMware, Inc.
• Zscaler, Inc.
• Akamai Technologies, Inc.
• Microsoft Corporation
• Cisco Systems, Inc.
• IBM Corporation
• Citrix Systems, Inc. (Cloud Software Group, Inc.)
• Check Point Software Technologies Ltd.
• Forcepoint LLC (Francisco Partners)