Global Zero Trust Network Access (ZTNA) Solution Market Trust No One, Connect Securely | Forecast 2023 to 2030 | Google, Cyxtera Technologies, Safe-T Data, Pulse Secure

PRESS RELEASE
Published October 26, 2023

From 2023 to 2030, the Zero Trust Network Access (ZTNA) Solution Market is anticipated to expand at a CAGR of 26.9%, reaching a value of USD 67.9 billion. Although the ZTNA industry is still in its infancy, it is expanding quickly. This is brought on by a variety of elements, such as the rising use of mobile devices, remote work, and cloud computing. A security concept called Zero Trust Network Access (ZTNA) makes no implicit assumptions about the reliability of a network. Before allowing access to any resources, it instead confirms the identity and context of each user, device, and application. 

The Zero Trust Network Access (ZTNA) Solution Market is still relatively young, but it is expanding quickly as a result of the rising popularity of cloud-based services and apps, the development of remote work, and the evolving threat landscape. ZTNA was initially announced in 2010 by Forrester Research, but it took until the middle of that year for it to become well known. ZTNA was one of the top 10 key technology trends for the year according to Gartner in 2018.

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The Key companies profiled in the Zero Trust Network Access (ZTNA) Solution Market:

The study examines the Zero Trust Network Access (ZTNA) Solution Market’s competitive landscape and includes data on Google, Cyxtera Technologies, Safe-T Data, Pulse Secure, Waverley Labs, Systancia, Unisys Security, Certes Networks, Banyan Security, BlackRidge Technology, Forcepoint, Citrix Systems, Hewlett Packard Enterprise, Zentera Systems & Others.

Global Zero Trust Network Access (ZTNA) Solution Market Split by Product Type and Applications

This report segments the Zero Trust Network Access (ZTNA) Solution Market on the basis of Types:
Cloud Based
On Premises

On the basis of Application, the Zero Trust Network Access (ZTNA) Solution Market is segmented into:
Large Enterprises
SMEs

ZTNA solutions that are hosted in the cloud are growing in popularity since they provide a number of benefits over on-premises solutions, including simplicity in implementation and maintenance. The integration of ZTNA with other security tools including firewalls, intrusion detection systems, and security information and event management (SIEM) systems is becoming commonplace among suppliers. This aids in giving firms a security posture that is more thorough and integrated.  ZTNA solutions are being used more often by large businesses to safeguard their spread and complicated networks.

The greatest Zero Trust Network Access (ZTNA) Solution Market is in North America, followed by Europe and Asia Pacific. Due to the region’s strong economic expansion and digital transformation, Asia Pacific is predicted to have the market’s quickest growth over the next several years. Throughout the forecast period, the North American region is anticipated to lead the ZTNA market. This is a result of the widespread use of cutting-edge technology and the existence of significant companies in this area. In the upcoming years, it is anticipated that both the European and Asia-Pacific areas would have substantial growth.

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Research Methodology: Research on ZTNA solutions encompassed primary research through discussions with cybersecurity experts and secondary research using security reports and market analysis. Market size estimation was based on software sales and subscription data, considering the evolving threat landscape and remote work trends.

Market Key Points: ZTNA solutions are crucial for modern cybersecurity. Key market points include the shift towards remote work and cloud-based services, the emphasis on zero trust principles in network security, and the need for comprehensive access control and authentication.

Cumulative Impact of COVID-19 on Market:
A few countries’ economies and territories have suffered as a result of the COVID-19 episode’s lockdowns, travel economic sanctions, and friend dismissals. Due to the pandemic, the global market is one of the primary organizations experiencing significant disruptions such as production network disruptions, innovation event abrogations, and work climate terminations. With its presence and substantial unprocessed material suppliers, China is a global contemporary major economic power.

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