Are you looking to add Zero Trust Networking to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Zero Trust Networking statistics of 2024.
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On this page, you’ll learn about the following:
Best Zero Trust Networking Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 45 Zero Trust Networking Statistics on this page 🙂Zero Trust Networking Market Statistics
- The global zero trust security market size was valued at USD 19.8 billion in 2020 and is expected to register a compound annual growth rate of 15.2% from 2021 to 2028. [0]
- The endpoint security segment dominated the market in 2020 accounting for a revenue share of more than 27%. [0]
- Authentication Insights The multi factor authentication segment led the market in 2020 with a revenue share of more than 75% and will expand at the fastest CAGR from 2021 to 2028. [0]
- Regional Insights North America dominated the global market in 2020accounting for a revenue share of over 37% and is expected to register a significant CAGR from 2021 to 2028. [0]
- The global zero trust security market size was estimated at USD 19.78 billion in 2020 and is expected to reach USD 22.06 billion in 2021. [0]
- The global zero trust security market is expected to grow at a compound annual growth rate of 15.2% from 2021 to 2028 to reach USD 59.43 billion by 2028. [0]
- The endpoint security segment dominated the zero trust security market and accounted for more than 25% of the global revenue share in 2020. [0]
Zero Trust Networking Adoption Statistics
- Familiarity and adoption are growing rapidly.90 percent of the security decision makers we surveyed are familiar with Zero Trust and 76 percent are in the process of implementation—an increase from the last year of 20 percent and 6 percent, respectively. [1]
- The shift to hybrid work, accelerated by COVID 19, is also driving the move towards broader adoption of Zero Trust with 81 percent of organizations having already begun the move toward a hybrid workplace. [1]
- say that they are ahead of where they planned to be in their Zero Trust adoption, and 57 percent believe they are ahead of other organizations. [1]
Zero Trust Networking Latest Statistics
- Survey Reveals 72% of Organizations Plan to Implement Zero Trust Capabilities in 2020, Yet Nearly Half of Cyber Security Professionals Lack Confidence Applying the Model San Jose, California, UNITED STATES SAN JOSE, Calif., Feb. 04, 2020. [2]
- The report also discovered nearly one third of organizations (30%). [2]
- Additionally, 53% of respondents plan to move Zero Trust access capabilities to a hybrid IT deployment. [2]
- While 45% are concerned with public cloud application access security and 43% of respondents expressed Bring Your Own Device enablement issues, more than 70% of organizations are looking to advance their identity and access management capabilities. [2]
- Of the respondents considering SDP, a majority (53%) would require a hybrid IT deployment and quarter (25%). [2]
- Key findings include Nearly equal confidence and lack of confidence in applying Zero Trust model in their Secure Access architecture (53% have confidence, 47% are not confident). [2]
- Study Reveals that 72% of Organizations Plan to Implement Zero Trust Capabilities in 2020 Despite Lack of Confidence #. [2]
- According to Pulse Secure and… SAN JOSE, Calif., Dec. 15, 2020 More than half of organizations (52%). [2]
- Highlights from our research include Zero Trust is now the top security priority.96 percent of security decision makers state that Zero Trust is critical to their organization’s success. [1]
- More than half believe they’re ahead of their peers.52 percent. [1]
- And not surprisingly, 73 percent expect their Zero Trust budget to increase. [1]
- The on premises deployment segment held the largest revenue share of more than 77% in 2020 and is also estimated to register the fastest CAGR from 2021 to 2028 due to a high preference for this type of deployment. [0]
- The large enterprise segment accounted for the maximum revenue share of over 76% in 2020. [0]
- In 2020, the IT and telecom segment accounted for the highest revenue share of more than 48% in 2020 and will retain the leading position throughout the forecast period. [0]
- According to a Fortinet Survey SUNNYVALE, Calif., Jan 12, 2024. [3]
- Respondents indicated they understand zero trust (77%) and ZTNA (75%). [3]
- Yet, over 50% indicated being unable to implement core zero. [3]
- Nearly 60% indicated they do not have the ability to authenticate users and devices on an ongoing basis and 54% struggle to monitor users post. [3]
- However, more than 80% of respondents indicated that it is challenging to implement a zero trust strategy across an extended network. [3]
- For organizations without a strategy in place or development, obstacles included a lack of skilled resources with 35% of organizations using other IT strategies to address zero trust. [3]
- It’s estimated that organized crime groups initiate 55% of attacks. [4]
- The following statistics highlight the reasons a ZeroTrust security architecture is needed 70% of breaches are from external sources. [4]
- 67% of data breaches are the result of stolen credentials or human error. [4]
- 37% of attacks use stolen or weak credentials. [4]
- 41% of people would stop using a company that suffered a security breach. [4]
- The latest estimate is that 2020 will result in over a 200% increase in cyber attempts. [4]
- Given that 30% of all data breaches involved authenticated users, predicting behaviors could help minimize unauthorized use. [4]
- The net benefit was an ~86% reduction in ConfigMgr traffic over the VPN towards the later stages of the migration. [5]
- According to Risk Based Security, 3,813 breaches were reported during the first six months of 2019, exposing over 4.1 billion records. [6]
- In fact, according to the 2021 Cost of a Data Breach report, organizations that have not deployed a zero trust program faced data breach costs averaging $5.04 million. [7]
- In short, zero trust can mitigate the impact of a breach, but with only 35% of organizations having deployed this framework, it is critical to understand what it is and how it helps. [7]
- According to 2019’s Internet Trends report, more data is now stored in the cloud than on private enterprise servers or consumer devices—but fewer than one in 10 cloud providers encrypt data that’s at rest within their service. [8]
- So, implementing a Zero Trust framework does more than increase security; it also aids your data management and accessibility efforts by providing the visibility into connected endpoints and networks that 40% of organizations lack. [8]
- The average cost of a single data breach incident has reached $4.24 million this year, according to a recent IBM report – the highest amount in the 17 year history of the report, and a 10 percent increase on 2020. [9]
- Costs rose 19 percent higher than the average for companies undertaking a cloud migration project when hit by a data breach, but the report also reveals a potential solution in the form of zero trust security. [9]
I know you want to use Zero Trust Networking Software, thus we made this list of best Zero Trust Networking Software. We also wrote about how to learn Zero Trust Networking Software and how to install Zero Trust Networking Software. Recently we wrote how to uninstall Zero Trust Networking Software for newbie users. Don’t forgot to check latest Zero Trust Networking statistics of 2024.
Reference
- grandviewresearch – https://www.grandviewresearch.com/industry-analysis/zero-trust-security-market-report.
- microsoft – https://www.microsoft.com/security/blog/2021/07/28/zero-trust-adoption-report-how-does-your-organization-compare/.
- globenewswire – https://www.globenewswire.com/news-release/2020/02/04/1979531/0/en/Survey-Reveals-72-of-Organizations-Plan-to-Implement-Zero-Trust-Capabilities-in-2020-Yet-Nearly-Half-of-Cyber-Security-Professionals-Lack-Confidence-Applying-the-Model.html.
- fortinet – https://www.fortinet.com/corporate/about-us/newsroom/press-releases/2024/more-half-organizations-face-gaps-zero-trust-implementations-fortinet-survey.
- electric – https://www.electric.ai/blog/what-is-zero-trust-architecture.
- microsoft – https://techcommunity.microsoft.com/t5/device-management-in-microsoft/zero-trust-networking-and-the-cloud-heavy-configmgr-part-1/ba-p/3039843.
- forbes – https://www.forbes.com/sites/forbestechcouncil/2020/01/31/why-zero-trust-should-be-the-top-security-initiative-for-2020/.
- securityintelligence – https://securityintelligence.com/posts/zero-trust-why-it-matters-data-security/.
- virtru – https://www.virtru.com/blog/zero-trust/.
- continuitycentral – https://www.continuitycentral.com/index.php/news/technology/6700-zero-trust-security-what-it-is-and-why-adoption-is-increasing.
How Useful is Zero Trust Networking
Zero Trust Networking operates under the premise that organizations should not automatically trust any entity, whether inside or outside their network perimeter. Traditional network security models relied heavily on the assumption that once an individual or device gained access, they were inherently trustworthy. This outdated approach, however, has proven to be ineffective in preventing data breaches and cyber attacks. Zero Trust Networking, on the other hand, adopts a “never trust, always verify” mentality, meaning that all traffic, devices, and users are constantly authenticated and authorized before being granted access to sensitive resources.
By implementing Zero Trust Networking principles, organizations can establish a more secure and robust security posture. This model limits the lateral movement of threats within a network, minimizing the potential damage that can be caused by a breach. With Zero Trust Networking, even if an initial breach occurs, attackers are deterred from advancing further due to the multiple layers of authentication and access controls in place.
One of the key benefits of Zero Trust Networking is its ability to adapt to the rapidly changing landscape of cybersecurity threats. As new vulnerabilities are discovered and attack vectors evolve, organizations can adjust their security controls and policies to mitigate potential risks. This flexibility allows for a proactive approach to cybersecurity, ensuring that networks remain secure in the face of emerging threats.
Furthermore, Zero Trust Networking promotes a culture of continuous monitoring and evaluation of network activity. By meticulously scrutinizing all traffic and user behavior, organizations can quickly detect and respond to suspicious activity before it escalates into a full-blown security incident. This real-time visibility is invaluable in identifying potential threats and neutralizing them before they can cause harm.
While the implementation of Zero Trust Networking may require a significant investment of time and resources, the long-term benefits far outweigh the costs. By proactively securing network access and strengthening defenses against potential cyber threats, organizations can safeguard their sensitive data and protect their reputation from the damaging effects of a data breach.
In conclusion, Zero Trust Networking represents a fundamental shift in the way organizations approach cybersecurity. By adopting a more cautious and skeptical mindset when it comes to granting access to resources, organizations can significantly reduce their susceptibility to cyber attacks. While no security measure is foolproof, Zero Trust Networking provides a valuable layer of defense that can help organizations stay one step ahead of cyber threats in today’s digital landscape.
In Conclusion
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