In a Leadership Compass report by KuppingerCole Analysts, the author Alejandro Leal predicts the Zero Trust Network Access (ZTNA) market will reach a staggering $7.34 billion by 2025, with a Compound Annual Growth Rate (CAGR) of 17.4%. This significant growth is driven by the increasing adoption of remote work, cloud-based applications, and the ever-evolving landscape of cyber threats.
Key findings of the report
- Market growth: The ZTNA market is expected to experience explosive growth, reaching $7.34 billion by 2025, with a CAGR of 17.4%. North America currently holds the largest market share, representing 47.4% of the global revenue.
- Remote work: The shift towards remote work models has created a critical need for secure access to corporate resources regardless of location. ZTNA offers a solution by providing granular access control without the need for traditional VPNs.
- Cloud adoption: The rapid migration to cloud-based applications necessitates secure access solutions that extend beyond traditional network perimeters. ZTNA effectively addresses this challenge by providing secure connections directly to cloud resources.
- Cyber threats: The rising sophistication of cyberattacks demands a more robust security approach. ZTNA's zero-trust principles, which grant least privilege access and continuous verification, significantly enhance an organization's security posture.
Furthermore, the report compares 28 solutions in the Zero Trust Network access market, identifying twelve Overall Leaders, and awarding vendors in the leadership categories Product, Innovation, and Market. Finally, it identifies Market Champions, Technology Leaders, and Big Ones to help enterprise IT staff map the market in a concise and practical manner to enable decision-making processes.