The global zero trust security market is expected to reach a value of USD 58.15 billion by 2030 as a result of the increasing cyber threats and data breaches faced by organizations worldwide. The market is segmented based on authentication type, deployment, and end-user. The multi-factor authentication segment is projected to experience significant growth due to the demand for more secure authentication methods. Meanwhile, the single-factor authentication segment is expected to dominate the market as it reduces user inconvenience. North America currently dominates the market, driven by major industry players and a strong awareness of the need for robust security measures. The Asia-Pacific region is anticipated to experience rapid growth in the market due to an uptick in the adoption of cloud technology and a proliferation of endpoint devices.
Global Zero Trust Security Market: USD 5815 Billion by 2030
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