The global network access control market size is likely to project a CAGR of nearly 24%during the forecast years 2021-2028. NAC market is driven by the need for automation and security for business processes and increasing privacy and security concern. The adoption of NAC solution helps companies in gaining visibility across diverse devices connected to both wired & wireless networks
The present and future NAC market progress is summarized to conclude the attractiveness of the entire market. Also, prime factors that influence the NAC market opportunities during the forecast year are factors such as increasing cyberthreat due to rising number of wireless devices accessing the enterprise network infrastructure and the growing demand for IoT devices that access the wireless network infrastructure are the key factor driving the market growth for NAC market.
Also, the proliferation of cloud services, BYOD, and mobile hotspots followed by the need to administrate the overall ecosystem is expected to drive the demand for cloud-native NAC solutions. Furthermore, the companies are deploying advanced NAC solutions to ensure resiliency throughput network operations. This also help in identifying potential threats and mitigating the risks that affect business productivity is likely to provide lucrative development opportunities for the NAC market in the forthcoming years.
The report also emphasizes several distinctiveness of the global NAC industry by valuing the market from value chain breakdown. Moreover, the report encompasses numerous qualitative features of the NAC industry which comprises market restraints, drivers, as well as key industry opportunities. Furthermore, the report offers an inclusive evaluation of the company profiling along with the market rivalry of local and global vendors.
The NAC market has tough competition among the new emerging and pre-established market vendors. Besides, the NAC industry vendors are trying to capture the prospective markets to grab a competitive advantage over the remaining industry vendors. To capture the market, market players are forming agreements, acquiring other companies & startups, mergers & acquisitions, partnerships & collaboration, and escalating their business existence.
In terms of deployment, the market is categorized cloud-based and on-premise. The cloud segment is predicted to achieve the largest growth during the forecast years 2021-2028. The cloud computing seized the maximum market share in 2020 and it is likely to maintain its place throughout the forecast years.
The North America is likely to gather noteworthy growth through the forecast years 2021-2028. The growth of the NAC market in this region is mostly ascribed to the resolving network security challenges by providing comprehensive software and hardware solutions to customers has bolstered the growth in the region. However, the Asia Pacific region is likely due to the high adoption of mobile, social, and cloud technologies has contributed significantly to the growth in the region that account for the maximum market contribution during the forecast years. The domination of this region is largely ascribed to the large number of growing ecenomies.
The major players of the global NAC market are Auconet Inc., Cisco Systems Inc., CommScope Inc., CyberCyte, Extreme Networks Inc., Forescout Technologies Inc., Fortinet Inc., Genians Inc., Hewlett Packard Enterprises (HPE), InfoExpress, IS Decisions, Juniper Networks Inc., Macmon Secure GmbH, OPSWAT, Portnox. Renowned companies are offering new and modern NAC solutions. In addition, the previously recognized as well as new market players are approaching the market with advanced and new strategic services and solutions and to remain competitive in the global market.
Segment Overview of Global Network Access Control Market
Component Overview, 2021-2028 (USD Million)
Deployment Overview, 2021-2028 (USD Million)
Organization Size Overview, 2021-2028 (USD Million)
- Large Enterprises
Application Overview, 2021-2028 (USD Million)
- IT & Telecom
Regional Overview, 2021-2028 (USD Million)
- North America
- Asia Pacific
- Australia & New Zealand
- South Korea
- Southeast Asia
- Middle East and Africa (MEA)
- South Africa
- Saudi Arab
- South America