Network Access Control (NAC) is a cyber-security and data-theft prevention system. Hackers, malicious software, and malware attacks are increasingly being protected by NAC solutions. The requirement for these commodities stems from the need to provide safe and secure network infrastructure.
As a result of the growing number of wireless devices accessing workplace network infrastructure, the market is predicted to grow due to escalating cyberthreats. NAC systems, which add an extra layer of security to regular network firewalls, are becoming increasingly popular among businesses as a way to protect their networks from external threats. The growing demand for IoT devices that link to wireless network infrastructure is another factor driving market expansion. Because of the expansion of IoT devices, businesses can improve network security by integrating advanced access control solutions.
Network access control (NAC) is a security solution that prohibits unauthorised access to a company's network infrastructure by enforcing various network security policies and compliances. To protect their networks from external threats, NAC supports enterprises in implementing network security policies and compliances. Only trusted and authenticated endpoint devices and nodes have access to enterprise network resources thanks to its solutions.
The number of remote devices accessing the company network infrastructure rose as a result of the COVID-19 outbreak. Businesses have been able to apply cybersecurity solutions to boost network security throughout the pandemic because to the evolution of work-from-home practises. The recent COVID-19 outbreak raised market demand for NAC solutions by drastically increasing the number of endpoint devices accessing companies.
The report also emphasizes several distinctiveness of the global network access control industry by valuing the market from value chain breakdown. Moreover, the report encompasses numerous qualitative features of the network access control 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 network access control market has tough competition among the new emerging and pre-established market vendors. Besides, the network access control 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.
The market is divided into BFSI, IT & telecom, retail, government and public sector, healthcare and life sciences, manufacturing, and education, depending on the industry vertical. Over the forecast period, the BFSI sector is predicted to be the leading end-use vertical. To perform safe transactions, banks and financial institutions are increasingly resorting to network security solutions. Hackers may attack government agencies in the hopes of obtaining classified information or gaining political leverage. Government agencies have benefited from these technologies in terms of decreasing data theft and securing confidential files and data from hackers.
Due to an increase in the number of cyberattacks in the region, North America is expected to hold the majority of the market share by 2020. For example, in October 2020, the US government claimed that Iranian hackers targeted the state election website in order to get access to voter registration information and engage in voter intimidation. As a result of these cyberthreats, numerous governments in the region have enacted stringent network security legislation.
The major players of the global Network access control 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, and others. Renowned companies are offering new and modern Network access control software 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
- Integration and Maintenance
- Managed Service
Deployment Model Overview, 2019-2028 (USD Billion)
Organization Size Overview, 2019-2028 (USD Billion)
- Large Enterprises
- Small and Medium Enterprises (SMEs)
Industry Vertical Overview, 2019-2028 (USD Billion)
- IT & Telecom
- Government and Public Sector
- Healthcare and Life Sciences
Regional Overview, 2019-2028 (USD Billion)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America