Increasing number of false cyber-attack alerts is expected to drive the growth of United States zero trust security market
According to TechSci Research report, “United States Zero Trust Security Market By Authentication Type, By Deployment Mode, By Solution Type, By Organization Size, By End User Industry, By Region, Forecast & Opportunities, 2025”, the United States zero trust security market is expected to grow at a formidable rate through 2025 on account of increase in cyber-attacks, privacy & data protection and rising threats from hackers. Additionally, growing need for zero trust security solutions among SMEs is further expected to supplement the growth of market during the forecast years. However, the budgetary constraints among SMEs and design & implementation challenges to deploy zero trust security solutions can hamper the growth of market during forecast period.
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States Zero Trust Security Market”
The United States zero trust security market
is segmented based on authentication type, deployment mode, solution type,
organization size, end user industry, company and region. Based on solution
type, the market can be categorized into network security, data security,
endpoint security, API security, security analytics, security policy management
and others. The data security segment is expected to dominate the market during
forecast years since zero trust data security solutions fortify an
organization’s data security by confining the risks from user privileges and
access, restricting the lateral movement of threats within a company’s
infrastructure. Based on organization size, the market can be bifurcated into
large enterprises and SMEs. Large enterprises are expected to dominate the
market since they are using zero trust security solution to safeguard the
network, endpoints, data centers, devices, users, and applications from
unauthorized usage and malicious ransomware attacks. Additionally, increasing
penetration of multi-factor authentication among large organizations to
facilitate privileged access to servers and web applications is also promoting United
States zero trust security market growth. Based on end user industry, the
market can be fragmented into BFSI, IT & telecom, government & defense,
retail & ecommerce and others. The government & defense segment is anticipated
to register the highest growth during forecast period on account of the fact
that government bodies are shifting focus towards zero trust security solutions
to enhance government network security, data security, risk & security
analytics, endpoint security, and application security.
Market Players :
Cisco Systems Inc., Akamai Technologies,
Inc., Palo Alto Networks, Inc., Symantec Corporation, Okta, Inc., Forcepoint,
LLC, Centrify Corporation, Cyxtera Technologies, Google LLC, VMware Inc. and others are some of the
leading players operating in United States zero trust security market. The companies
are developing advanced technologies and launching new services in order to
stay competitive in the market. For instance, in April 2019, Cyxtera
Technologies announced the launch of Risk Orchestrator to enhance the power,
scale and reach of its Total Fraud Protection platform.
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States zero trust security market is expected to witness significant growth
during the forecast period, owing to the early adoption of advanced
technologies, such as cloud, helping zero trust security service providers to
implement efficient zero trust security solutions in the country. Additionally, the presence of
leading players such as Palo Alto Networks, Inc., Symantec Corporation, Okta,
Inc., Cisco Systems Inc, among others in the country are further expected to give
significant boost to the market through 2025.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“United States Zero Trust Security Market By Authentication Type, By Deployment Mode, By Solution Type, By Organization Size, By End User Industry, By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States zero trust security market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United States zero trust security market.
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