The global network access control market is expected to be worth USD 4.39 billion by 2022. Rising demand for endpoint intelligence and risk mitigation have led to a high demand for NAC solution. Also, technological proliferation is also expected to augment the demand for NAC solution. Rising use of Internet of Things (IoT) and machine to machine networks is projected to fuel growth over the next seven years. Network access control is capable of addressing dynamic enterprise and regulatory scenario.
Several vendors in North America are investing in network access control solution due to which the market is likely to gain traction. The market is expected to present a lucrative opportunity for manufacturers as it attracts several large-scale investments. These investments are likely to contribute significantly to the industry growth in the region.
Countries in Asia Pacific including India and China have a tremendous potential for growth. Growing demand for cloud-based social and mobile technologies are extensively being used in the region which in turn is expected to propel demand over the forecast period. As a result, NAC solutions are projected to witness substantial growth over the forecast period.
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Further key findings from the study suggest:
·
Web-based businesses are implementing security
solution to save themselves from malware, cyber-attack and online fraud which
affect organizational functioning and hamper business continuity.
·
Government run organization and agencies are
adopting NAC solution to filter unauthorized users, networks and device
connections. Regulatory compliance policies including Payment Card Industry
Data Security Standard (PCI DSS) and Control Objectives for Information and
Related Technology (COBIT) are likely to propel market growth.
·
The growing demand for secure network
infrastructure is expected to drive NAC solutions growth primarily due to its
ability to provide real-time tracking. Moreover, the substantial growth
experienced by web based businesses and e-commerce websites, have led to
increasing demand for secure infrastructure for carrying out e-transactions.
·
The online banking system is expected to present
positive growth opportunities for BFSI vertical. The constant demand for
high-end technology to combat hackers and malware by these institutions would
augment the growth of NAC industry in this vertical. IT, financial institution
and telecommunication companies have emphasized on endpoint intelligence and
risk management efforts.
·
Vendors are focussing on adding functionalities
such as post-connect and pre-connect to these solutions. Major steps are being
taken in resolving the interoperability issues of NAC and making it more
reliable. Key industry players include StillSecure, Portnox, Juniper Networks,
Bradford Networks, Check Point Software Technologies, Aruba Networks,
ForeScout, Cisco, Sophos, Bradford Networks, Aruba Networks, Pulse Secure, and
Trustwave.
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Grand View Research has segmented the global Network Access Control market on the basis of type, service, end-use, and region:
Network Access Control Type Outlook (Revenue, USD Million, 2012 – 2022)
·
Hardware
·
Software
Network Access Control Service Outlook (Revenue, USD Million, 2012 –
2022)
·
Integration
·
Training, support, and maintenance
·
Professional
Network Access Control End-Use Outlook (Revenue, USD Million, 2012 –
2022)
·
BFSI
·
Government
·
Academia
·
Healthcare
·
Manufacturing
·
IT and telecommunications
·
Others
Network Access Control Regional Outlook (Revenue, USD Million, 2012
– 2022)
·
North America
·
Europe
·
Asia Pacific
·
MEA
·
Latin America
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