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Zero Trust Architecture Market Share

Report ID: GMI7685
Published Date: Dec 2023
Report Format: PDF

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Zero Trust Architecture Market Share

Cisco Systems, Inc. and Palo Alto Networks, Inc. dominate the zero trust architecture industry. Major companies employ various strategies to bolster their presence. This includes investing in research and development for innovative solutions, forming strategic partnerships, acquiring key technologies, and continuously adapting offerings to align with evolving cybersecurity challenges, ensuring a competitive edge in the dynamic market landscape.

Zero Trust Architecture Market Companies

Major players operating in the zero trust architecture industry are:

Cisco Systems, Inc.
Palo Alto Networks, Inc.
Akamai Technologies, Inc.
VMware, Inc.
Microsoft Corporation
Zscaler, Inc.
IBM Corporation
Okta, Inc.
Citrix
Trellix

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of zero trust architecture was worth USD 16.9 billion in 2023 and is expected to register over 16.5% CAGR from 2024 to 2032, due to the rising frequency and sophistication of cyber threats and attacks worldwide.

The solutions platform segment held over 60% share of the zero trust architecture industry in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, owing to evolving cybersecurity landscape and the need for more robust defenses against sophisticated threats.

North America held 35% share of the zero trust architecture industry in 2023 and is expected to register commendable CAGR from 2024 to 2032, due to the high frequency of sophisticated cyber threats, prompting organizations to prioritize advanced security measures in the region.

Cisco Systems, Inc., Palo Alto Networks, Inc., Akamai Technologies, Inc., VMware, Inc., Microsoft Corporation, Zscaler, Inc., IBM Corporation, Okta, Inc., Citrix, and Trellix are some of the major zero trust architecture companies worldwide.