Network Access Control (NAC) Market Analysis by Growth Drivers and Current Trends till 2027

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Network Access Control (NAC) Market Analysis by
Growth Drivers and Current Trends till 2027

• The global network access control market has
  witnessed two-fold growth owing to the growing
  adoption of BYOD policies along with the need to
  simplify network security management. The
  growing demand from enterprises to offer secure
  and authorized access to the corporate network
  infrastructure is driving the trends in the
  global NAC industry.
• As per reports, the global network access control
  market is expected to cross USD 12 billion in
  terms of valuation through 2027. With respect to
  the deployment model, cloud deployment has gained
  considerable demand over the last couple of years
  as many companies are transitioning to the
  cloud-based infrastructure from on-premise.

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• An escalating penetration of mobile phones and
  constantly rising security concerns is
  encouraging enterprises to use robust network
  access control solutions. This technology helps
  the companies in gaining visibility across
  various devices that are connected to both
  wireless and wired networks. It also allows the
  companies to develop effective access controls
  that are based on parameters like location, type
  of the devices, resources, and many others.

• The proliferation of BYOD, cloud services, and
  mobile hotspot trends along with the need to
  administrate the overall network ecosystem will
  complement the adoption of cloud-native NAC
  technology. The companies like Celestix Networks,
  Inc., Genians Inc., and many others provide
  cloud-native NAC solutions along with improved
  flexibility and scalability.

• Large enterprises have showcased widespread
  demand for a reliable NAC market and accounted
  for more than 70 of the total market share in
  the year 2020. The enterprises are required to
  manage their network infrastructure in order to
  offer uninterrupted services to the corporate
  resources.

• NAC solutions find integral demand across the
  healthcare sector. This is primarily due to the
  need to secure large volumes of electronic
  medical records and remove any risk linked with
  ransomware attacks that may affect the data of
  the patients. Moreover, network access control
  technology allows hospitals to ensure compliance
  with HIPPA rules throughout the infrastructure.

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• Regional Analysis

• In regions such as Europe, the development in the
  telecom industry along with the growing adoption
  of IoT devices has broadened the regional network
  access control market. Moreover, many regional
  companies are constantly aiming at developing
  advanced network access technology. For example,
  in March 2020, Partnox- a network security
  solution provider with operations in London
  introduced Zero Trust remote access-as-a-service
  offering. This solution helped in-network access
  management, especially in virtual desktop
  infrastructures.

• Competitive Analysis

• A few of the many NAC providing enterprises
  include Juniper Networks Inc., Cisco Systems
  Inc., Hewlett Packard Enterprises, Fortinet Inc.,
  and Extreme Networks Inc.

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