CHICAGO, Sept. 27, 2023 /PRNewswire/ — The ability of the Zero Trust Security Market to change with emerging threats and technology will define it in the future. It will still be a crucial strategy for businesses trying to safeguard their networks, data, and digital assets in a threat environment that is always shifting.
The global Zero Trust Security Market size is projected to grow from USD 31.1 billion in 2023 to USD 67.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period, according to a new report by MarketsandMarkets™. The expansion of the Zero Trust Security Market is propelled by the relentless evolution of cyber threats, necessitating advanced security measures. The surge in digital transformation and cloud adoption has also created a complex IT landscape, demanding robust security solutions. Moreover, rising regulatory compliance demands are compelling businesses to embrace zero trust security, enhancing overall cybersecurity resilience. Furthermore, the diminishing effectiveness of traditional perimeter security in the face of modern challenges is paving the way for the widespread adoption of zero trust security, further contributing to market growth.
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