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Zero Trust Security Market Share

Report ID: GMI6923
Published Date: Jul 2024
Report Format: PDF

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Zero Trust Security Market Share

Cisco Systems, Inc. and Palo Alto Networks Inc. are dominating the zero trust security industry. They are engaged in the enhancement of zero trust solutions, levitating the competitive grounds to garner market shares. Vendors are continuously innovating to offer advanced solutions that address evolving cybersecurity threats.

Zero Trust Security Market Companies

Major companies operating in the zero trust security industry are:

Akamai Technologies Inc.
Broadcom
Centrify Corporation
Cisco Systems, Inc.
Google LLC
IBM Corporation
Microsoft Corporation
Okta Inc.
Palo Alto Networks Inc.
VMware Inc.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of zero trust security reached USD 29.3 billion in 2023 and is set to witness 18% CAGR between 2024 and 2032, says this GMI report.

The network security segment held over USD 18 billion in 2023, owing to the proliferation of remote work culture which has elevated the importance of network security in the zero trust security framework.

North America market share was over 34% in 2023, due to the substantial IT spending by the U.S. government in advanced cybersecurity technologies.

Akamai Technologies Inc., Broadcom, Centrify Corporation, Cisco Systems, Inc., Google LLC, IBM Corporation, Microsoft Corporation, and VMware Inc.