
North America Zero Trust Security Market Size, Share & Trends Analysis Report By Authentication (Single-factor, and Multi-factor), By Deployment (Cloud, and On-Premises), By Enterprise Size, By Type, By End Use, By Country and Growth Forecast, 2024 - 2031
Description
The North America Zero Trust Security Market would witness market growth of 15.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Zero Trust Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $25,249.2 million by 2031. The Canada market is experiencing a CAGR of 17.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 16.8% during (2024 - 2031).
The zero trust security market is rapidly evolving as organizations recognize the increasing need for robust cybersecurity frameworks. The rise in sophisticated cyber threats, hybrid work environments, and reliance on cloud-based infrastructures have driven enterprises to adopt these models. Unlike traditional security models that assume everything within the network is trusted, zero trust operates on the principle of “never trust, always verify.”
Zero-trust security is applicable across various industries and use cases, making it a fundamental approach to modern cybersecurity. Large enterprises use Zero-Trust models to protect their sensitive data and intellectual property from external and internal threats. Companies ensure that only authorized users and devices can access critical systems by implementing multi-factor authentication (MFA), endpoint security, and micro-segmentation.
With large-scale investments, healthcare institutions in Canada are expanding their electronic health records (EHRs), telemedicine, and cloud-based health services, requiring zero trust frameworks to secure sensitive medical data. The healthcare sector remains a prime target for ransomware attacks, data breaches, and identity theft. Zero trust security ensures continuous monitoring and authentication, reducing vulnerabilities in hospitals and clinics. In addition, Mexico’s healthcare sector is increasingly adopting telemedicine platforms and cloud-based medical record systems, necessitating zero-trust security to ensure data integrity and prevent cyber threats. The increase in ransomware attacks on hospitals and healthcare providers pushes the demand for zero-trust frameworks to secure medical records and digital transactions. Mexico is advancing e-health initiatives, prompting the adoption of strong cybersecurity frameworks to protect patient information. Hence, across Canada, Mexico, and the USA, the expansion of digital healthcare services, increasing cyber threats, and strict data privacy regulations are fuelling the demand for zero-trust security solutions.
Based on Authentication, the market is segmented into Single-factor, and Multi-factor. Based on Deployment, the market is segmented into Cloud, and On-Premises. Based on Enterprise Size, the market is segmented into Large Enterprises, and SMEs. Based on Type, the market is segmented into Network Security, Data Security, Endpoint Security, On-premises Security, and Other Type. Based on End Use, the market is segmented into BFSI, IT & Telecom, Retail, Healthcare, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
By Authentication
The US market dominated the North America Zero Trust Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $25,249.2 million by 2031. The Canada market is experiencing a CAGR of 17.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 16.8% during (2024 - 2031).
The zero trust security market is rapidly evolving as organizations recognize the increasing need for robust cybersecurity frameworks. The rise in sophisticated cyber threats, hybrid work environments, and reliance on cloud-based infrastructures have driven enterprises to adopt these models. Unlike traditional security models that assume everything within the network is trusted, zero trust operates on the principle of “never trust, always verify.”
Zero-trust security is applicable across various industries and use cases, making it a fundamental approach to modern cybersecurity. Large enterprises use Zero-Trust models to protect their sensitive data and intellectual property from external and internal threats. Companies ensure that only authorized users and devices can access critical systems by implementing multi-factor authentication (MFA), endpoint security, and micro-segmentation.
With large-scale investments, healthcare institutions in Canada are expanding their electronic health records (EHRs), telemedicine, and cloud-based health services, requiring zero trust frameworks to secure sensitive medical data. The healthcare sector remains a prime target for ransomware attacks, data breaches, and identity theft. Zero trust security ensures continuous monitoring and authentication, reducing vulnerabilities in hospitals and clinics. In addition, Mexico’s healthcare sector is increasingly adopting telemedicine platforms and cloud-based medical record systems, necessitating zero-trust security to ensure data integrity and prevent cyber threats. The increase in ransomware attacks on hospitals and healthcare providers pushes the demand for zero-trust frameworks to secure medical records and digital transactions. Mexico is advancing e-health initiatives, prompting the adoption of strong cybersecurity frameworks to protect patient information. Hence, across Canada, Mexico, and the USA, the expansion of digital healthcare services, increasing cyber threats, and strict data privacy regulations are fuelling the demand for zero-trust security solutions.
Based on Authentication, the market is segmented into Single-factor, and Multi-factor. Based on Deployment, the market is segmented into Cloud, and On-Premises. Based on Enterprise Size, the market is segmented into Large Enterprises, and SMEs. Based on Type, the market is segmented into Network Security, Data Security, Endpoint Security, On-premises Security, and Other Type. Based on End Use, the market is segmented into BFSI, IT & Telecom, Retail, Healthcare, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Broadcom, Inc.
- Microsoft Corporation
- Fortinet, Inc.
- Palo Alto Networks, Inc.
- IBM Corporation
- Cisco Systems, Inc.
- Cloudflare, Inc.
- Check Point Software Technologies Ltd.
- CrowdStrike Holdings, Inc.
- Forcepoint LLC (Francisco Partners)
By Authentication
- Single-factor
- Multi-factor
- Cloud
- On-Premises
- Large Enterprises
- SMEs
- Network Security
- Data Security
- Endpoint Security
- On-premises Security
- Other Type
- BFSI
- IT & Telecom
- Retail
- Healthcare
- Other End Use
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
149 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Zero Trust Security Market, by Authentication
- 1.4.2 North America Zero Trust Security Market, by Deployment
- 1.4.3 North America Zero Trust Security Market, by Enterprise Size
- 1.4.4 North America Zero Trust Security Market, by Type
- 1.4.5 North America Zero Trust Security Market, by End Use
- 1.4.6 North America Zero Trust Security Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, Aug – 2025, Feb) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Zero Trust Security Market by Authentication
- 5.1 North America Single-factor Market by Region
- 5.2 North America Multi-factor Market by Region
- Chapter 6. North America Zero Trust Security Market by Deployment
- 6.1 North America Cloud Market by Country
- 6.2 North America On-Premises Market by Country
- Chapter 7. North America Zero Trust Security Market by Enterprise Size
- 7.1 North America Large Enterprises Market by Country
- 7.2 North America SMEs Market by Country
- Chapter 8. North America Zero Trust Security Market by Type
- 8.1 North America Network Security Market by Country
- 8.2 North America Data Security Market by Country
- 8.3 North America Endpoint Security Market by Country
- 8.4 North America On-premises Security Market by Country
- 8.5 North America Other Type Market by Country
- Chapter 9. North America Zero Trust Security Market by End Use
- 9.1 North America BFSI Market by Country
- 9.2 North America IT & Telecom Market by Country
- 9.3 North America Retail Market by Country
- 9.4 North America Healthcare Market by Country
- 9.5 North America Other End Use Market by Country
- Chapter 10. North America Zero Trust Security Market by Country
- 10.1 US Zero Trust Security Market
- 10.1.1 US Zero Trust Security Market by Authentication
- 10.1.2 US Zero Trust Security Market by Deployment
- 10.1.3 US Zero Trust Security Market by Enterprise Size
- 10.1.4 US Zero Trust Security Market by Type
- 10.1.5 US Zero Trust Security Market by End Use
- 10.2 Canada Zero Trust Security Market
- 10.2.1 Canada Zero Trust Security Market by Authentication
- 10.2.2 Canada Zero Trust Security Market by Deployment
- 10.2.3 Canada Zero Trust Security Market by Enterprise Size
- 10.2.4 Canada Zero Trust Security Market by Type
- 10.2.5 Canada Zero Trust Security Market by End Use
- 10.3 Mexico Zero Trust Security Market
- 10.3.1 Mexico Zero Trust Security Market by Authentication
- 10.3.2 Mexico Zero Trust Security Market by Deployment
- 10.3.3 Mexico Zero Trust Security Market by Enterprise Size
- 10.3.4 Mexico Zero Trust Security Market by Type
- 10.3.5 Mexico Zero Trust Security Market by End Use
- 10.4 Rest of North America Zero Trust Security Market
- 10.4.1 Rest of North America Zero Trust Security Market by Authentication
- 10.4.2 Rest of North America Zero Trust Security Market by Deployment
- 10.4.3 Rest of North America Zero Trust Security Market by Enterprise Size
- 10.4.4 Rest of North America Zero Trust Security Market by Type
- 10.4.5 Rest of North America Zero Trust Security Market by End Use
- Chapter 11. Company Profiles
- 11.1 Broadcom, Inc.
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Acquisition and Mergers:
- 11.1.6 SWOT Analysis
- 11.2 Microsoft Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.5.2 Product Launches and Product Expansions:
- 11.2.6 SWOT Analysis
- 11.3 Fortinet, Inc.
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Regional Analysis
- 11.3.4 Research & Development Expenses
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Partnerships, Collaborations, and Agreements:
- 11.3.5.2 Acquisition and Mergers:
- 11.3.6 SWOT Analysis
- 11.4 Palo Alto Networks, Inc.
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Regional Analysis
- 11.4.4 Research & Development Expense
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Partnerships, Collaborations, and Agreements:
- 11.4.5.2 Product Launches and Product Expansions:
- 11.4.6 SWOT Analysis
- 11.5 IBM Corporation
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Regional & Segmental Analysis
- 11.5.4 Research & Development Expenses
- 11.5.5 Recent strategies and developments:
- 11.5.5.1 Partnerships, Collaborations, and Agreements:
- 11.5.5.2 Acquisition and Mergers:
- 11.5.6 SWOT Analysis
- 11.6 Cisco Systems, Inc.
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Regional Analysis
- 11.6.4 Research & Development Expense
- 11.6.5 Recent strategies and developments:
- 11.6.5.1 Partnerships, Collaborations, and Agreements:
- 11.6.6 SWOT Analysis
- 11.7 Cloudflare, Inc.
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Regional Analysis
- 11.7.4 Research & Development Expense
- 11.7.5 SWOT Analysis
- 11.8 Check Point Software Technologies Ltd.
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Regional Analysis
- 11.8.4 Research & Development Expenses
- 11.8.5 Recent strategies and developments:
- 11.8.5.1 Partnerships, Collaborations, and Agreements:
- 11.8.6 SWOT Analysis
- 11.9 Crowdstrike Holdings, Inc.
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Regional Analysis
- 11.9.4 Research & Development Expenses
- 11.9.5 Recent strategies and developments:
- 11.9.5.1 Partnerships, Collaborations, and Agreements:
- 11.9.6 SWOT Analysis
- 11.10. Forcepoint LLC (Francisco Partners)
- 11.10.1 Company Overview
- 11.10.2 SWOT Analysis
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