Global Zero Trust security market value 2027

The most important Zero Trust principle is “Never trust, always verify”. In other words, a Zero Trust framework does not trust any user, device, or credentials, requiring each user to comply with a strict verification and authentication procedure before being allowed to access the company's network. In 2021, the global Zero Trust security market amounted to nearly 23 billion U.S. dollars and was forecast to increase to almost 60 billion U.S. dollars by 2027.

Identity Access Management (IAM)

The user’s identity lies at the core of a Zero Trust security strategy. Simply put, companies must be aware of the identity of every user prior to being granted access to the company’s network. In this regard, IAM is a framework of policies and technologies that ensures that the right users have access to the right data. In 2021, the global security spending on IAM was estimated at nearly 14 billion U.S. dollars. Asian-Pacific companies reported the highest IAM ownership, compared to Europe, the Middle East, and Africa. The main tool integrated within companies’ IAM system was endpoint protection.

Micro-segmentation

Micro-segmentation is a method to logically create network segments and completely control traffic within and between the segments. Specifically, it controls workloads in data centers and multi-cloud environments while restricting the spread of lateral threats in the data centers. Companies’ most preferred method to enable Zero Trust segmentation in 2021 was Zero Trust Network Access. Despite the benefits of adopting micro-segmentation, companies worldwide still struggle with identifying and designing the most appropriate pilot.