Table of Content


1 INTRODUCTION 61
1.1 INTRODUCTION TO COVID-19 61
1.2 COVID-19 HEALTH ASSESSMENT 61
FIGURE 1 COVID-19: GLOBAL PROPAGATION 61
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 62
1.3 COVID-19 ECONOMIC ASSESSMENT 63
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 63
1.3.1 COVID-19 ECONOMIC IMPACT?SCENARIO ASSESSMENT 64
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY 64
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 65
1.4 OBJECTIVES OF THE STUDY 66
1.5 MARKET DEFINITION 66
1.5.1 INCLUSIONS AND EXCLUSIONS 67
1.6 MARKET SCOPE 68
1.6.1 MARKET SEGMENTATION 68
1.6.2 YEARS CONSIDERED FOR THE STUDY 68
1.7 CURRENCY CONSIDERED 69
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2016–2018 69
1.8 STAKEHOLDERS 69
1.9 SUMMARY OF CHANGES 70

2 RESEARCH METHODOLOGY 71
2.1 RESEARCH DATA 71
FIGURE 6 ZERO TRUST SECURITY MARKET: RESEARCH DESIGN 72
2.1.1 SECONDARY DATA 72
2.1.1.1 Vendor selection and evaluation 73
TABLE 2 ZERO TRUST SECURITY MARKET ECOSYSTEM: VENDOR SELECTION AND EVALUATION CRITERIA (INDICATIVE SAMPLE) 73
TABLE 3 REVENUE AND SHARE ESTIMATES FOR SELECTED VENDORS IN THE ZERO TRUST SECURITY MARKET (INDICATIVE SAMPLE) 74
2.1.1.2 Geographic analysis 75
TABLE 4 SECONDARY DATA SAMPLE: COUNTRIES BEST PREPARED FOR CYBER ATTACKS 75
2.1.1.3 Analysis of industry trends 75
FIGURE 7 SECONDARY DATA SAMPLE: PERCENTAGE OF ORGANIZATIONS REPORTED RANSOM ATTACKS IN 2019 76
2.1.2 PRIMARY DATA 76
2.1.2.1 Key industry insights 77
2.2 MARKET BREAKUP AND DATA TRIANGULATION 77
2.3 MARKET SIZE ESTIMATION 78
2.3.1 REVENUE ESTIMATES 78
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY?APPROACH 1 (SUPPLY-SIDE): REVENUE OF ZERO TRUST SECURITY VENDORS 78
2.3.2 TOP-DOWN APPROACH 78
2.4 MARKET FORECAST 79
FIGURE 9 FACTOR ANALYSIS FOR MARKET TREND AND FORECAST 79
2.5 ASSUMPTIONS FOR THE STUDY 80
2.6 LIMITATIONS OF THE STUDY 80

3 EXECUTIVE SUMMARY 81
FIGURE 10 ZERO TRUST SECURITY MARKET IS LIKELY TO BE IMPACTED MODERATELY DUE TO COVID-19 PANDEMIC CRISIS DURING THE FORECAST PERIOD 82
TABLE 5 ZERO TRUST SECURITY MARKET SIZE AND GROWTH, 2014–2019 (USD MILLION) 82
TABLE 6 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE AND GROWTH, 2020–2026 (USD MILLION) 83
TABLE 7 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE AND GROWTH, 2020–2026 (USD MILLION) 83
FIGURE 11 NORTH AMERICA TO HOLD THE LARGEST MARKET SHARE IN 2020 84

4 PREMIUM INSIGHTS 85
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE ZERO TRUST SECURITY MARKET 85
FIGURE 12 CONSTANTLY EVOLVING AND INCREASING CYBER-ATTACKS ARE PROJECTED TO ENCOURAGE THE DEMAND FOR ZERO TRUST SECURITY SOLUTIONS 85
4.2 ZERO TRUST SECURITY MARKET, MARKET SHARE OF TOP THREE VERTICALS AND REGIONS, 2020 86
FIGURE 13 IT AND ITES SEGMENT AND THE NORTH AMERICAN REGION ARE ESTIMATED TO ACCOUNT FOR THE LARGEST MARKET SHARES IN 2020 86
4.3 ZERO TRUST SECURITY MARKET, TOP THREE SOLUTIONS, 2020-2026 86
FIGURE 14 DATA SECURITY SEGMENT IS ESTIMATED TO ACCOUNT FOR THE LARGEST MARKET SHARE IN 2020 86
4.4 ZERO TRUST SECURITY MARKET, BY DEPLOYMENT MODE, 2020-2026 87
FIGURE 15 CLOUD SEGMENT IS PROJECTED TO ACCOUNT FOR A LARGER MARKET SHARE DURING THE FORECAST PERIOD 87
4.5 ZERO TRUST SECURITY MARKET, BY ORGANIZATION SIZE, 2020 87
FIGURE 16 LARGE ENTERPRISES SEGMENT IS ESTIMATED TO ACCOUNT FOR THE LARGEST MARKET SHARE IN 2020 87
4.6 ZERO TRUST SECURITY MARKET, BY AUTHENTICATION TYPE, 2020 87
FIGURE 17 MULTI-FACTOR AUTHENTICATION SEGMENT IS ESTIMATED TO RECORD A HIGHER CAGR DURING THE FORECAST PERIOD 87

5 MARKET OVERVIEW AND INDUSTRY TRENDS 88
5.1 INTRODUCTION 88
5.2 MARKET DYNAMICS 88
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: ZERO TRUST SECURITY MARKET 88
5.2.1 DRIVERS 89
5.2.1.1 Growing frequency of target-based cyber-attacks 89
5.2.1.2 Increase in regulations for data protection and information security 89
TABLE 8 PROMINENT REGULATORY ACTS AND GOVERNING BODIES 89
5.2.2 RESTRAINTS 90
5.2.2.1 Budgetary constraints among small and emerging start-ups in developing countries 90
5.2.3 OPPORTUNITIES 90
5.2.3.1 High demand for improved visibility due to the rise in iot traffic among enterprises 90
5.2.3.2 Increase in need for cloud-based zero trust security solutions among smes 91
5.2.4 CHALLENGE 91
5.2.4.1 Design and implementation challenges to deploy zero trust security solutions 91
5.3 MARKET DYNAMICS DURING COVID-19 OUTBREAK 92
5.3.1 DRIVERS AND OPPORTUNITIES 92
5.3.2 RESTRAINTS AND CHALLENGES 93
5.4 VALUE CHAIN ANALYSIS 94
FIGURE 19 VALUE CHAIN ANALYSIS: ZERO TRUST SECURITY MARKET 95
5.5 USE CASES 95
TABLE 9 GLOBAL ZERO TRUST SECURITY MARKET USE CASES 95
5.6 ZERO TRUST SECURITY MARKET ECOSYSTEM 97
FIGURE 20 ZERO TRUST SECURITY MARKET ECOSYSTEM 97
TABLE 10 KEY COMPONENTS OF ZERO TRUST MODEL 98
5.7 PORTER’S FIVE FORCES MODEL ANALYSIS 99
FIGURE 21 PORTER’S FIVE FORCES ANALYSIS: ZERO TRUST SECURITY MARKET 99
5.7.1 THREAT FROM NEW ENTRANTS 99
5.7.2 THREAT OF SUBSTITUTES 100
5.7.3 BARGAINING POWER OF SUPPLIERS 100
5.7.4 BARGAINING POWER OF BUYERS 100
5.7.5 INTENSITY OF COMPETITIVE RIVALRY 101
5.8 TECHNOLOGY ANALYSIS 101
5.8.1 ARTIFICIAL INTELLIGENCE AND ZERO TRUST SECURITY FRAMEWORK 102
5.8.2 BLOCKCHAIN AND ZERO TRUST SECURITY FRAMEWORK 102
5.8.3 INTERNET OF THINGS AND ZERO TRUST SECURITY FRAMEWORK 103
5.9 PRICING MODEL ANALYSIS 104
5.10 REVENUE SHIFT – YC/YCC SHIFT FOR ZERO TRUST SECURITY MARKET 104
FIGURE 22 ZERO TRUST SECURITY MARKET: YC/YCC SHIFT 104
5.11 PATENT ANALYSIS 105
FIGURE 23 DOCUMENT COUNT, BY COUNTRY 105
FIGURE 24 DOCUMENT COUNT, BY INSTITUTION TYPE 106
FIGURE 25 DOCUMENT COUNT, BY TOP COMPANIES 106

6 ZERO TRUST SECURITY MARKET, BY SOLUTION TYPE 107
6.1 INTRODUCTION 108
FIGURE 26 DATA SECURITY SEGMENT TO HOLD THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD 108
6.1.1 MARKET ESTIMATES AND FORECASTS, BY SOLUTION TYPE, 2014–2026 108
TABLE 11 ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2014–2019 (USD MILLION) 108
TABLE 12 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2019–2026 (USD MILLION) 109
TABLE 13 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2019–2026 (USD MILLION) 109
6.2 NETWORK SECURITY 110
6.2.1 NETWORK SECURITY ENABLES DETECTION, MONITORING, AND PREVENTION OF NETWORK MALFUNCTION 110
6.2.2 NETWORK SECURITY: ZERO TRUST SECURITY MARKET DRIVERS 110
6.2.3 NETWORK SECURITY: COVID-19 IMPACT 110
6.2.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 111
TABLE 14 ZERO TRUST SECURITY MARKET SIZE FOR NETWORK SECURITY, BY REGION, 2014–2019 (USD MILLION) 111
TABLE 15 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR NETWORK SECURITY, BY REGION, 2019–2026 (USD MILLION) 111
TABLE 16 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR NETWORK SECURITY, BY REGION, 2019–2026 (USD MILLION) 111
6.3 DATA SECURITY 112
6.3.1 DATA SECURITY PREVENTS DATA LEAKAGES THROUGH DATABASE AUDITING AND REPORTING, ENCRYPTION AND TOKENIZATION, DATA MASKING AND REDACTION, AND ACCESS CONTROL MANAGEMENT 112
6.3.2 DATA SECURITY: ZERO TRUST SECURITY MARKET DRIVERS 112
6.3.3 DATA SECURITY: COVID-19 IMPACT 112
6.3.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 113
TABLE 17 ZERO TRUST SECURITY MARKET SIZE FOR DATA SECURITY, BY REGION, 2014–2019 (USD MILLION) 113
TABLE 18 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR DATA SECURITY, BY REGION, 2019–2026 (USD MILLION) 113
TABLE 19 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR DATA SECURITY, BY REGION, 2019–2026 (USD MILLION) 113
6.4 ENDPOINT SECURITY 114
6.4.1 INCREASE IN THE NUMBER OF CONNECTED DEVICES TO DRIVE ADOPTION OF ENDPOINT SECURITY SOLUTIONS 114
6.4.2 ENDPOINT SECURITY: ZERO TRUST SECURITY MARKET DRIVERS 114
6.4.3 ENDPOINT SECURITY: COVID-19 IMPACT 114
6.4.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 115
TABLE 20 ZERO TRUST SECURITY MARKET SIZE FOR ENDPOINT SECURITY, BY REGION, 2014–2019 (USD MILLION) 115
TABLE 21 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR ENDPOINT SECURITY, BY REGION, 2019–2026 (USD MILLION) 115
TABLE 22 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR ENDPOINT SECURITY, BY REGION, 2019–2026 (USD MILLION) 115
6.5 SECURITY ORCHESTRATION AUTOMATION AND RESPONSE (SOAR) 116
6.5.1 SOAR ENABLES ORGANIZATIONS TO AUTOMATICALLY DETECT AND RESPOND TO SECURITY OPERATIONS FROM A SINGLE CONSOLE 116
6.5.2 SOAR: ZERO TRUST SECURITY MARKET DRIVERS 116
6.5.3 SOAR: COVID-19 IMPACT 116
6.5.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 116
TABLE 23 ZERO TRUST SECURITY MARKET SIZE FOR SOAR, BY REGION, 2014–2019 (USD MILLION) 116
TABLE 24 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR SOAR, BY REGION, 2019–2026 (USD MILLION) 117
TABLE 25 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR SOAR, BY REGION, 2019–2026 (USD MILLION) 117
6.6 API SECURITY 117
6.6.1 API SECURITY OFFERS OPTIMAL DEFENSE SOLUTIONS FOR MITIGATING CYBER THREATS 117
6.6.2 API SECURITY: ZERO TRUST SECURITY MARKET DRIVERS 118
6.6.3 API SECURITY: COVID-19 IMPACT 118
6.6.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 118
TABLE 26 ZERO TRUST SECURITY MARKET SIZE FOR API SECURITY, BY REGION, 2014–2019 (USD MILLION) 118
TABLE 27 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR API SECURITY, BY REGION, 2019–2026 (USD MILLION) 119
TABLE 28 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR API SECURITY, BY REGION, 2019–2026 (USD MILLION) 119
6.7 SECURITY ANALYTICS 119
6.7.1 SECURITY ANALYTICS COMPLEMENT TRADITIONAL SECURITY MEASURES OFFERING REAL-TIME ANALYTICS TO ORGANIZATIONS 119
6.7.2 SECURITY ANALYTICS: ZERO TRUST SECURITY MARKET DRIVERS 120
6.7.3 SECURITY ANALYTICS: COVID-19 IMPACT 120
6.7.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 120
TABLE 29 ZERO TRUST SECURITY MARKET SIZE FOR SECURITY ANALYTICS, BY REGION, 2014–2019 (USD MILLION) 120
TABLE 30 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR SECURITY ANALYTICS, BY REGION, 2019–2026 (USD MILLION) 121
TABLE 31 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR SECURITY ANALYTICS, BY REGION, 2019–2026 (USD MILLION) 121
6.8 SECURITY POLICY MANAGEMENT 121
6.8.1 SECURITY POLICY MANAGEMENT FACILITATES EASY COMPLIANCE MANAGEMENT AND REDUCES RELIANCE ON MANUAL PROCESS 121
6.8.2 SECURITY POLICY MANAGEMENT: ZERO TRUST SECURITY MARKET DRIVERS 122
6.8.3 SECURITY POLICY MANAGEMENT: COVID-19 IMPACT 122
6.8.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 122
TABLE 32 ZERO TRUST SECURITY MARKET SIZE FOR SECURITY POLICY MANAGEMENT, BY REGION, 2014–2019 (USD MILLION) 122
TABLE 33 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR SECURITY POLICY MANAGEMENT, BY REGION, 2019–2026 (USD MILLION) 123
TABLE 34 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR SECURITY POLICY MANAGEMENT, BY REGION, 2019–2026 (USD MILLION) 123
6.9 OTHERS 123
6.9.1 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 124
TABLE 35 ZERO TRUST SECURITY MARKET SIZE FOR OTHERS, BY REGION, 2014–2019 (USD MILLION) 124
TABLE 36 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR OTHERS, BY REGION, 2019–2026 (USD MILLION) 124
TABLE 37 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR OTHERS, BY REGION, 2019–2026 (USD MILLION) 124

7 ZERO TRUST SECURITY MARKET, BY DEPLOYMENT MODE 125
7.1 INTRODUCTION 126
FIGURE 27 CLOUD SEGMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 126
7.1.1 MARKET ESTIMATES AND FORECASTS, BY DEPLOYMENT MODE, 2014–2026 126
TABLE 38 ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2014–2019 (USD MILLION) 126
TABLE 39 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2019–2026 (USD MILLION) 127
TABLE 40 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2019–2026 (USD MILLION) 127
7.2 ON-PREMISES 127
7.2.1 ON-PREMISES ZERO TRUST SECURITY SOLUTIONS OFFER COMPLETE CONTROL OVER SECURITY POLICIES 127
7.2.2 ON-PREMISES: ZERO TRUST SECURITY MARKET DRIVERS 128
7.2.3 ON-PREMISES: COVID-19 IMPACT 128
7.2.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 128
TABLE 41 ZERO TRUST SECURITY MARKET SIZE IN ON-PREMISES, BY REGION, 2014–2019 (USD MILLION) 128
TABLE 42 PRE-COVID-19 ZERO TRUST SECURITY MARKET SIZE IN ON-PREMISES, BY REGION, 2019–2026 (USD MILLION) 128
TABLE 43 POST-COVID-19 ZERO TRUST SECURITY MARKET SIZE IN ON-PREMISES, BY REGION, 2019–2026 (USD MILLION) 129
7.3 CLOUD 129
7.3.1 CLOUD ZERO TRUST SECURITY SOLUTIONS OFFER COST-EFFECTIVENESS AND EASE OF CUSTOMIZATION 129
7.3.2 CLOUD: ZERO TRUST SECURITY MARKET DRIVERS 129
7.3.3 CLOUD: COVID-19 IMPACT 130
7.3.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 130
TABLE 44 ZERO TRUST SECURITY MARKET SIZE IN CLOUD, BY REGION, 2014–2019 (USD MILLION) 130
TABLE 45 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE IN CLOUD, BY REGION, 2019–2026 (USD MILLION) 130
TABLE 46 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE IN CLOUD, BY REGION, 2019–2026 (USD MILLION) 131

8 ZERO TRUST SECURITY MARKET, BY AUTHENTICATION TYPE 132
8.1 INTRODUCTION 133
FIGURE 28 SINGLE-FACTOR AUTHENTICATION SEGMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 133
8.1.1 MARKET ESTIMATES AND FORECASTS, BY AUTHENTICATION TYPE, 2014–2026 133
TABLE 47 ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2014–2019 (USD MILLION) 133
TABLE 48 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2019–2026 (USD MILLION) 134
TABLE 49 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2019–2026 (USD MILLION) 134
8.2 SINGLE-FACTOR AUTHENTICATION 134
8.2.1 SINGLE-FACTOR AUTHENTICATION SIMPLIFIES ACCESS TO THE NETWORK SYSTEM 134
8.2.2 SINGLE-FACTOR AUTHENTICATION: ZERO TRUST SECURITY MARKET DRIVERS 135
8.2.3 SINGLE-FACTOR AUTHENTICATION: COVID-19 IMPACT 135
8.2.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 135
TABLE 50 SINGLE-FACTOR AUTHENTICATION ZERO TRUST SECURITY MARKET SIZE, BY REGION, 2014–2019 (USD MILLION) 135
TABLE 51 PRE-COVID-19: SINGLE-FACTOR AUTHENTICATION ZERO TRUST SECURITY MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 135
TABLE 52 POST-COVID-19: SINGLE-FACTOR AUTHENTICATION ZERO TRUST SECURITY MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 136
8.3 MULTI-FACTOR AUTHENTICATION 136
8.3.1 MULTI-FACTOR AUTHENTICATION PROVIDES ADDITIONAL SECURITY THROUGH MULTIPLE PROTECTION LAYERS 136
8.3.2 MULTI-FACTOR AUTHENTICATION: ZERO TRUST SECURITY MARKET DRIVERS 136
8.3.3 MULTI-FACTOR AUTHENTICATION: COVID-19 IMPACT 137
8.3.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 137
TABLE 53 ZERO TRUST SECURITY MARKET SIZE FOR MULTI-FACTOR AUTHENTICATION, BY REGION, 2014–2019 (USD MILLION) 137
TABLE 54 PRE-COVID-19: MULTI-FACTOR AUTHENTICATION ZERO TRUST SECURITY MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 137
TABLE 55 POST-COVID-19: MULTI-FACTOR AUTHENTICATION ZERO TRUST SECURITY MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 138

9 ZERO TRUST SECURITY MARKET, BY ORGANIZATION SIZE 139
9.1 INTRODUCTION 140
FIGURE 29 LARGE ENTERPRISES SEGMENT TO HOLD A LARGER MARKET SIZE DURING THE FORECAST PERIOD 140
9.1.1 MARKET ESTIMATES AND FORECASTS, BY ORGANIZATION SIZE, 2014–2026 140
TABLE 56 ZERO TRUST SECURITY MARKET SIZE, BY ORGANIZATION SIZE, 2014–2019 (USD MILLION) 140
TABLE 57 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY ORGANIZATION SIZE, 2019–2026 (USD MILLION) 141
TABLE 58 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY ORGANIZATION SIZE, 2019–2026 (USD MILLION) 141
9.2 SMALL- AND MEDIUM-SIZED ENTERPRISES 141
9.2.1 SMALL- AND MEDIUM-SIZED ENTERPRISES TO MANAGE CYBER RISKS THROUGH ZERO TRUST SECURITY SOLUTIONS 141
9.2.2 SMALL AND MEDIUM-SIZED ENTERPRISES: ZERO TRUST SECURITY MARKET DRIVERS 142
9.2.3 SMALL- AND MEDIUM-SIZED ENTERPRISES: COVID-19 IMPACT 142
9.2.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 142
TABLE 59 ZERO TRUST SECURITY MARKET SIZE IN SMALL- AND MEDIUM-SIZED ENTERPRISES, BY REGION, 2014–2019 (USD MILLION) 142
TABLE 60 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE IN SMALL AND MEDIUM-SIZED ENTERPRISES, BY REGION, 2019–2026 (USD MILLION) 143
TABLE 61 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE IN SMALL AND MEDIUM-SIZED ENTERPRISES, BY REGION, 2019–2026 (USD MILLION) 143
9.3 LARGE ENTERPRISES 143
9.3.1 LARGE ENTERPRISES LEVERAGE ZERO TRUST SECURITY CAPABILITIES TO TACKLE CYBER RISKS OCCURRED FROM MALWARE AND HUMAN ERRORS 143
9.3.2 LARGE ENTERPRISES: ZERO TRUST SECURITY MARKET DRIVERS 144
9.3.3 LARGE ENTERPRISES: COVID-19 IMPACT 144
9.3.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 144
TABLE 62 ZERO TRUST SECURITY MARKET SIZE IN LARGE ENTERPRISES, BY REGION, 2014–2019 (USD MILLION) 144
TABLE 63 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE IN LARGE ENTERPRISES, BY REGION, 2019–2026 (USD MILLION) 145
TABLE 64 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE IN LARGE ENTERPRISES, BY REGION, 2019–2026 (USD MILLION) 145

10 ZERO TRUST SECURITY MARKET, BY VERTICAL 146
10.1 INTRODUCTION 147
FIGURE 30 IT AND ITES VERTICAL TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 147
10.1.1 MARKET ESTIMATES AND FORECASTS, BY VERTICAL, 2014–2026 147
TABLE 65 ZERO TRUST SECURITY MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION) 147
TABLE 66 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION) 148
TABLE 67 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION) 148
10.2 IT AND ITES 148
10.2.1 IT AND ITES PREFER BUSINESS MODELS ENABLED WITH ZERO TRUST SECURITY SOLUTIONS TO PREVENT INCREASED AMOUNT OF SENSITIVE DATA 148
10.2.2 IT AND ITES: ZERO TRUST SECURITY MARKET DRIVERS 149
10.2.3 IT AND ITES: COVID-19 IMPACT 149
10.2.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 149
TABLE 68 ZERO TRUST SECURITY MARKET SIZE FOR IT AND ITES, BY REGION, 2014–2019 (USD MILLION) 149
TABLE 69 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR IT AND ITES, BY REGION, 2019–2026 (USD MILLION) 150
TABLE 70 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR IT AND ITES, BY REGION, 2019–2026 (USD MILLION) 150
10.3 FINANCE AND INSURANCE 150
10.3.1 FINANCE AND INSURANCE TO REDUCE THE RISK OF USING DIGITAL BANKING APPLICATIONS 150
10.3.2 FINANCE AND INSURANCE: ZERO TRUST SECURITY MARKET DRIVERS 151
10.3.3 FINANCE AND INSURANCE: COVID-19 IMPACT 151
10.3.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 151
TABLE 71 ZERO TRUST SECURITY MARKET SIZE FOR FINANCE AND INSURANCE, BY REGION, 2014–2019 (USD MILLION) 151
TABLE 72 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE IN FINANCE AND INSURANCE, BY REGION, 2019–2026 (USD MILLION) 152
TABLE 73 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR FINANCE AND INSURANCE, BY REGION, 2019–2026 (USD MILLION) 152
10.4 HEALTHCARE AND SOCIAL ASSISTANCE 152
10.4.1 HEALTHCARE AND SOCIAL ASSISTANCE COMPANIES FOCUS ON SECURING LARGE REPOSITORY OF PATIENT INFORMATION 152
10.4.2 HEALTHCARE AND SOCIAL ASSISTANCE: ZERO TRUST SECURITY MARKET DRIVERS 153
10.4.3 HEALTHCARE AND SOCIAL ASSISTANCE: COVID-19 IMPACT 153
10.4.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 153
TABLE 74 ZERO TRUST SECURITY MARKET SIZE FOR HEALTHCARE AND SOCIAL ASSISTANCE, BY REGION, 2014–2019 (USD MILLION) 153
TABLE 75 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR HEALTHCARE AND SOCIAL ASSISTANCE, BY REGION, 2019–2026 (USD MILLION) 154
TABLE 76 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR HEALTHCARE AND SOCIAL ASSISTANCE, BY REGION, 2019–2026 (USD MILLION) 154
10.5 RETAIL TRADE 154
10.5.1 RETAIL TRADE COMPANIES TO PREVENT ENDPOINT ACCESS 154
10.5.2 RETAIL TRADE: ZERO TRUST SECURITY MARKET DRIVERS 155
10.5.3 RETAIL TRADE: COVID-19 IMPACT 155
10.5.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 156
TABLE 77 ZERO TRUST SECURITY MARKET SIZE FOR RETAIL TRADE, BY REGION, 2014–2019 (USD MILLION) 156
TABLE 78 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR RETAIL TRADE, BY REGION, 2019–2026 (USD MILLION) 156
TABLE 79 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR RETAIL TRADE, BY REGION, 2019–2026 (USD MILLION) 156
10.6 UTILITIES 157
10.6.1 UTILITIES CONTINUOUSLY INVEST IN CYBER SECURITY-RELATED SOLUTIONS 157
10.6.2 UTILITIES: ZERO TRUST SECURITY MARKET DRIVERS 157
10.6.3 UTILITIES: COVID-19 IMPACT 157
10.6.4 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 158
TABLE 80 ZERO TRUST SECURITY MARKET SIZE FOR UTILITIES, BY REGION, 2014–2019 (USD MILLION) 158
TABLE 81 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR UTILITIES, BY REGION, 2019–2026 (USD MILLION) 158
TABLE 82 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR UTILITIES, BY REGION, 2019–2026 (USD MILLION) 158
10.7 OTHERS 159
10.7.1 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 159
TABLE 83 ZERO TRUST SECURITY MARKET SIZE FOR OTHERS, BY REGION, 2014–2019 (USD MILLION) 159
TABLE 84 PRE-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR OTHERS, BY REGION, 2019–2026 (USD MILLION) 160
TABLE 85 POST-COVID-19: ZERO TRUST SECURITY MARKET SIZE FOR OTHERS, BY REGION, 2019–2026 (USD MILLION) 160

11 ZERO TRUST SECURITY MARKET, BY REGION 161
11.1 INTRODUCTION 162
TABLE 86 GLOBAL ATTACK TYPES AND SOURCES 162
FIGURE 31 ZERO TRUST SECURITY MARKET, BY REGION, CAGR (2020–2026) (USD MILLION) 163
11.1.1 MARKET ESTIMATES AND FORECASTS, BY REGION, 2014–2026 163
TABLE 87 ZERO TRUST MARKET SIZE, BY REGION, 2014–2019 (USD MILLION) 163
TABLE 88 PRE-COVID-19, ZERO TRUST MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 163
TABLE 89 POST-COVID-19, ZERO TRUST MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 164
11.2 NORTH AMERICA 164
11.2.1 NORTH AMERICA: ZERO TRUST SECURITY MARKET DRIVERS 165
11.2.2 NORTH AMERICA: COVID-19 IMPACT 165
11.2.3 NORTH AMERICA: REGULATORY LANDSCAPE 165
FIGURE 32 NORTH AMERICA: MARKET SNAPSHOT 166
11.2.4 NORTH AMERICA: MARKET ESTIMATES AND FORECASTS, BY SOLUTION TYPE, 2014–2026 167
TABLE 90 NORTH AMERICA: ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2014–2019 (USD MILLION) 167
TABLE 91 NORTH AMERICA: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2019–2026 (USD MILLION) 167
TABLE 92 NORTH AMERICA: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2019–2026 (USD MILLION) 168
11.2.5 NORTH AMERICA: MARKET ESTIMATES AND FORECASTS, BY DEPLOYMENT MODE, 2014–2026 168
TABLE 93 NORTH AMERICA: ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2014–2019 (USD MILLION) 168
TABLE 94 NORTH AMERICA: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2019–2026 (USD MILLION) 168
TABLE 95 NORTH AMERICA: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2019–2026 (USD MILLION) 169
11.2.6 NORTH AMERICA: MARKET ESTIMATES AND FORECASTS, BY AUTHENTICATION TYPE, 2014–2026 169
TABLE 96 NORTH AMERICA: ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2014–2019 (USD MILLION) 169
TABLE 97 NORTH AMERICA: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2019–2026 (USD MILLION) 169
TABLE 98 NORTH AMERICA: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2019–2026 (USD MILLION) 170
11.2.7 NORTH AMERICA: MARKET ESTIMATES AND FORECASTS, BY ORGANIZATION SIZE, 2014–2026 170
TABLE 99 NORTH AMERICA: ZERO TRUST SECURITY MARKET SIZE, BY ORGANIZATION SIZE, 2014–2019 (USD MILLION) 170
TABLE 100 NORTH AMERICA: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY ORGANIZATION SIZE, 2019–2026 (USD MILLION) 170
TABLE 101 NORTH AMERICA: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY ORGANIZATION SIZE, 2019–2026 (USD MILLION) 171
11.2.8 NORTH AMERICA: MARKET ESTIMATES AND FORECASTS, BY VERTICAL, 2014–2026 171
TABLE 102 NORTH AMERICA: ZERO TRUST SECURITY MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION) 171
TABLE 103 NORTH AMERICA: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION) 171
TABLE 104 NORTH AMERICA: POST-COVID, ZERO TRUST SECURITY MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION) 172
11.2.9 NORTH AMERICA: MARKET ESTIMATES AND FORECASTS, BY COUNTRY, 2014–2026 172
TABLE 105 NORTH AMERICA: ZERO TRUST SECURITY MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION) 172
TABLE 106 NORTH AMERICA: PRE COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 172
TABLE 107 NORTH AMERICA: POST COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 173
11.2.10 UNITED STATES 173
11.2.10.1 US market to grow due to the presence of several security vendors 173
11.2.10.2 US: Market estimates and forecasts, by solution type, 2014–2026 174
TABLE 108 US: ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2014–2019 (USD MILLION) 174
TABLE 109 US: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2019–2026 (USD MILLION) 174
TABLE 110 US: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2019–2026 (USD MILLION) 175
11.2.10.3 US: Market estimates and forecasts, by deployment mode, 2014–2026 175
TABLE 111 US: ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2014–2019 (USD MILLION) 175
TABLE 112 US: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2019–2026 (USD MILLION) 175
TABLE 113 US: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2019–2026 (USD MILLION) 176
11.2.10.4 US: Market estimates and forecasts, by authentication type, 2014–2026 176
TABLE 114 US : ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2014–2019 (USD MILLION) 176
TABLE 115 US: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2019–2026 (USD MILLION) 176
TABLE 116 US: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2019–2026 (USD MILLION) 177
11.2.10.5 US: Market estimates and forecasts, by organization size, 2014–2026 177
TABLE 117 US: ZERO TRUST SECURITY MARKET SIZE, BY ORGANIZATION SIZE, 2014–2019 (USD MILLION) 177
TABLE 118 US: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY ORGANIZATION SIZE, 2019–2026 (USD MILLION) 177
TABLE 119 US: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY ORGANIZATION SIZE, 2019–2026 (USD MILLION) 178
11.2.10.6 US: Market estimates and forecasts, by vertical, 2014–2026 178
TABLE 120 US: ZERO TRUST SECURITY MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION) 178
TABLE 121 US: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION) 178
TABLE 122 US: POST-COVID, ZERO TRUST SECURITY MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION) 179
11.2.11 CANADA 179
11.2.11.1 Geographic expansions of security vendors to drive the growth of the canadian market 179
11.2.11.2 Canada: Market estimates and forecasts, by solution type, 2014–2026 180
TABLE 123 CANADA: ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2014–2019 (USD MILLION) 180
TABLE 124 CANADA: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2019–2026 (USD MILLION) 180
TABLE 125 CANADA: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY SOLUTION TYPE, 2019–2026 (USD MILLION) 181
11.2.11.3 Canada: Market estimates and forecasts, by deployment mode, 2014–2026 181
TABLE 126 CANADA: ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2014–2019 (USD MILLION) 181
TABLE 127 CANADA: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2019–2026 (USD MILLION) 181
TABLE 128 CANADA: POST-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY DEPLOYMENT MODE, 2019–2026 (USD MILLION) 182
11.2.11.4 Canada: Market estimates and forecasts, by authentication type, 2014–2026 182
TABLE 129 CANADA: ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2014–2019 (USD MILLION) 182
TABLE 130 CANADA: PRE-COVID-19, ZERO TRUST SECURITY MARKET SIZE, BY AUTHENTICATION TYPE, 2019–2026 (USD MILLION) 182
TABLE 13