Canada Zero Trust Security Market

Canada Zero Trust Security Market Insights Forecasts to 2035

• The Canada Zero Trust Security Market Size was estimated at USD 2300.44 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 15.32% from 2025 to 2035
• The Canada Zero Trust Security Market Size is Expected to Reach USD 11030.55 Million by 2035

According to a research report published by Decision Advisors & Consulting, the Canada Zero Trust Security Market is anticipated to reach USD 11030.55 million by 2035, growing at a CAGR of 15.32% from 2025 to 2035. The demand for proactive security strategies like zero trust security is being driven by the rise in overall cyber threats, such as ransomware and data breaches. Additionally, wide adoption and investment in zero-trust security solutions are being driven by the growing popularity of cloud services and remote work.

Market Overview

This is a portion of the Canadian cybersecurity market dedicated to services, goods, and structures that are for the protection of data, networks, and devices from advanced malware. It puts an extreme priority on identity-driven, ongoing authorisation and rigorous access controls. The cybersecurity belief that never trust, always verify is the foundation of zero trust security. Network security models used to operate under the assumption that everything outside the network perimeter should be regarded as untrustworthy, while any entity inside could be regarded as trustworthy. The zero-trust security does away with the presumption of trust. Rather, it recognises the existence of both internal and external risks and promotes equal attention to and response to them. Every user, device, and application that wants to access network resources is verified and authenticated, regardless of where they are. Further, reducing the attack surface and minimising the possible repercussions of security breaches, zero-trust security aims to improve overall security.

A ZT security framework is being established by the Government of Canada (GC) to assist its departments and agencies in strengthening their overall security posture. The CISA and NIST references' pillars will be consistent with the GC ZT security framework. In the interim, here's an outline of all three widely used and reliable ZT frameworks/guidelines to assist organisations in choosing the one that best suits their networks and commercial requirements.

Report Coverage

This research report categorises the market for the Canada zero trust security market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada zero trust security market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada zero trust security market.

Driving Factors

The market for Canada's zero-trust security is growing rapidly due to increasing cyber threats, more individuals using cloud and remote work environments, and tighter regulations. The market for Zero Trust solutions is currently being stimulated by a rise in digitisation projects and government backing for security advancement. Furthermore, companies are investing in cutting-edge security technologies due to increased awareness brought on by high-profile cyberattacks and data breaches. These factors are hastening the adoption of zero-trust security in Canadian industries, as is the availability of cutting-edge goods and services from regional and international suppliers.

Restraining Factors

The Canadian zero trust security market includes a few big problems that are holding it back, like high costs of implementation, difficulty integrating, and resistance to change within organisations. Despite the high demand for sophisticated cybersecurity frameworks, these issues impede adoption.

Market Segmentation

The Canada zero trust security market share is classified into deployment and authentication.

• The cloud segment dominated the market in 2024 and is projected to grow at a significant CAGR during the forecast period.

The Canada zero trust security market is segmented by deployment into cloud, and on-premises. Among these, the cloud segment dominated the market in 2024 and is projected to grow at a significant CAGR during the forecast period. The expansion of the cloud-based market has been largely attributed to the flexibility and scalability of cloud-based deployment. Additionally, the comfort and convenience that cloud-based deployment provides, such as the reduced need for internal resources, lower upfront costs, and automatic backups, are responsible for the growth of the cloud-based segment.

• The multi-factor authentication segment held a significant share in 2024 and is expected to grow at a rapid pace over the forecast period.

The Canada zero trust security market is segmented by authentication into single factor authentication, and multi-factor authentication. Among these, the multi-factor authentication segment held a significant share in 2024 and is expected to grow at a rapid pace over the forecast period. It offers an extra degree of protection above and beyond, depending only on a login and password combination, which is easily compromised. Further, to reduce the likelihood of unauthorised access and lessen the effects of possible breaches, businesses can significantly strengthen their security posture by integrating zero trust principles into multi-factor authentication.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Canada zero trust security market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an in-depth analysis of the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for evaluating the overall competition in the market.

List of Key Companies

• Absolute Software
• Cyderes (Herjavec Group)
• eSentire
• BlackBerry
• Arctic Wolf Networks
• CyberArk
• Trustwave
• IBM Canada
• Resolver (Kroll Business)
• Hitachi ID Systems
• Layer0 Security Inc
• Cyphercor
• ISA Cybersecurity
• Bluink Ltd.
• Field Effect
• Prival ODC
• Callsign

• Others

Recent Developments:

• In May 2024, ThreatLocker announced the launch of a new data centre in Toronto, expanding its security footprint and strengthening its Zero Trust cybersecurity offerings for Canadian organisations. The business expands its presence in North America and advances Canada's more general objectives for digital resilience by aligning with Canadian cybersecurity frameworks.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Canada, regional, and country levels from 2020 to 2035. Decision Advisors has segmented the Canada zero trust security market based on the below-mentioned segments:

Canada Zero Trust Security Market, By Deployment

• Cloud
• On-Premises

Canada Zero Trust Security Market, By Authentication

• Single Factor Authentication
• Multi-Factor Authentication

FAQ

Q: What is the market size and growth forecast?

A: The Canada Zero Trust Security Market was valued at USD 2,300.44 million in 2024 and is projected to reach USD 11,030.55 million by 2035, growing at a CAGR of 15.32% from 2025-2035.

Q: What are the main market segments?

A: The market is segmented by deployment into cloud (dominant due to scalability and lower costs) and on-premises. Authentication includes single-factor and multi-factor authentication (MFA), with MFA holding a significant share for enhanced protection beyond passwords.?

Q: What drives market growth?

A: Key drivers include rising cyber threats like ransomware, cloud adoption, remote work trends, regulatory pressures, and government initiatives such as the GC Zero Trust Security Framework aligned with NIST/CISA. Digitisation projects and high-profile breaches boost demand for proactive "never trust, always verify" solutions.?

Q: What challenges exist?

A: High implementation costs, integration complexities with legacy systems, and organisational resistance to change hinder adoption despite strong demand.?

Q: Who are the key players?

A: Leading companies include Absolute Software, Cyderes (Herjavec Group), eSentire, BlackBerry, Arctic Wolf Networks, CyberArk, Trustwave, IBM Canada, Resolver (Kroll Business), Hitachi ID Systems, Layer0 Security Inc., Cyphercor, ISA Cybersecurity, Bluink Ltd., Field Effect, Prival ODC, and Callsign.

Q: What are recent developments?

A: In May 2024, ThreatLocker launched a new Toronto data centre to expand Zero Trust offerings, aligning with Canadian cybersecurity frameworks. Government efforts like Shared Services Canada's ZTA roadmap and NCC's $20.9 million in 2025 funding support ZT project