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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How much of an impact will Zero Trust Networking have on your day-to-day? or the day-to-day of your business? Should you invest in Zero Trust Networking? We will answer all your Zero Trust Networking related questions here.
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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
One of the key features of Zero Trust Networking is the principle of least privilege, which means that users and devices are granted access to only the resources they absolutely need to perform their jobs. This minimizes the potential attack surface and reduces the impact of a breach by limiting the capabilities of an attacker who manages to gain access to the network. By implementing strict access controls, organizations can significantly reduce the risk of insider threats and ensure that only authorized users have access to critical data.
Another important aspect of Zero Trust Networking is continuous authentication and monitoring. Instead of relying solely on static credentials like usernames and passwords, Zero Trust Networking utilizes multifactor authentication and behavioral analysis to constantly verify the identity of users and devices. This approach ensures that even if credentials are compromised, unauthorized access can be quickly detected and mitigated. Furthermore, continuous monitoring allows security teams to quickly identify and respond to suspicious activity, minimizing the impact of potential security incidents.
In addition, Zero Trust Networking emphasizes the importance of encryption and secure communication protocols to protect data both in transit and at rest. By encrypting data end-to-end and implementing secure protocols, organizations can ensure that sensitive information remains confidential and maintains its integrity throughout its lifecycle. This is particularly important in an era where data breaches are becoming increasingly common and costly, as organizations strive to protect their reputation and maintain the trust of their customers.
Moreover, Zero Trust Networking takes a holistic approach to security by integrating various tools and technologies to create a unified security framework. By combining network segmentation, endpoint security, threat intelligence, and other security controls, organizations can create a robust defense-in-depth strategy that covers all aspects of their IT infrastructure. This multi-layered approach makes it more difficult for attackers to penetrate the network or move laterally within it, increasing the likelihood of detecting and thwarting potential threats before they can cause significant harm.
Overall, Zero Trust Networking is a proactive and adaptive approach to cybersecurity that empowers organizations to stay ahead of emerging threats and protect their critical assets. By implementing strict access controls, continuous authentication and monitoring, encryption, and a multi-layered security strategy, organizations can significantly reduce their risk exposure and mitigate the impact of potential security incidents. While no security measure is foolproof, Zero Trust Networking provides a solid foundation for organizations to strengthen their security posture and defend against the evolving threat landscape.
In Conclusion
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