Network Access Control Market Analysis by Component (Network Access Control Hardware, Softare, Services), by Deployment (On-Premises and Cloud), by Buyer Type (Large Enterprises and SMEs), by Vertical and Region - Global Forecast 2022-2032

ROCKVILLE, Md., March 14, 2022 (GLOBE NEWSWIRE) -- According to a recently published Fact.MR report, the global Network Access Control market is projected to grow at a compound annual rate (CAGR) of 22% between 2022 and 2032. The market is expected to reach US$ 15.37 Bn by the end of 2032.

The demand for Network Access Control is expected to rise over the forecast period and the market is projected to gain a global market size worth of US$ 2.1 Bn by the end of 2022.

From 2017 to 2021, the network access control industry registered stellar uptake, registering a CAGR worth 19%. Prospects further heightened during the COVID-19 pandemic, as entities looking to leverage personal and corporate data for malicious purposes spawned tremendously. This was an outcome of increased amounts of time spent on the virtual landscape, in the wake of stringent lockdowns.

For Critical Insights on This Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=4061

With the parade of technological advances, growth in new security solutions for data protection against malicious attacks is imminent and is likely to unfold on various fronts. Network access control (NAC) has come a long way and a cohort of leading companies has come up with solutions to further underpin its evolution over these many years.

How do IoT and BYOD Lay Solid Foundations for the Market Growth?

Onboarding devices in the case of large enterprises have been a major issue and nullifying the same with the help of access management tools, such as network access control, has been gaining significant momentum. As the new-age employees try to interweave their routines into mobile devices, IoT and BYOD (bring your own devices) are creating new profit pools for the market players to dive in.

The combined proliferation of mobile technologies, Internet of Things (IoT) is BYOD culture is bringing in new growth avenues for the market, however, a number of security challenges with such devices have hard-pressed enterprises to invest in NAC solutions.

With the number of connected devices growing rapidly, endpoints involved in network access control have become highly mobile than ever. Being capable of integrating with third-party systems for device validation, in addition to device profiling, is increasingly important for network access control systems to define IoT devices.

To learn more about Network Access Control Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=4061

Key Segments Covered in the Network Access Control Industry Survey

Component Type

• Network Access Control Hardware
• Network Access Control Software
• Network Access Control Services
  

Deployment Type

• On-Premises Network Access Control
• Cloud-based Network Access Control

Buyer Type

• Network Access Control for Large Enterprises
• Network Access Control for Small and Medium Enterprises

Vertical

• Network Access Control for Banking and Financial Services
• Network Access Control for Healthcare & Life Sciences
• Network Access Control for Government
• Network Access Control for Education
• Network Access Control for IT & Telecom
• Network Access Control for Other Verticals

Competitive Landscape
The competitive landscape of the network access control market is shaped by product innovation and strategic mergers & acquisitions. Auconet Inc., Cisco Systems Inc., CommScope Inc., CyberCyte, Extreme Networks Inc., Forescout Technologies Inc., and Fortinet Inc. are some prominent manufacturers of network access control.

• In March 2020, Portnox announced the release of its Zero-Trust Remote Access-as-a-Service solution. Purpose-built to be layered over enterprise VPNs or virtual desktop infrastructure (VDI), the new cloud-delivered solution strengthens the security of remote access through VPN or VDI. The new solution helped the company to increase the remote access security for scaled-up remote users during the COVID-19 pandemic.
• In November 2021, Cisco Canada and STEM Fellowship announced the launch of Canada’s widest-reaching cybersecurity education program for high school students – the Cybersecurity Classroom Training Program (CCTP). The CCTP addresses the growing need for cybersecurity awareness and education and provides early exposure to the various tools, technologies, and career paths available in the IT and digital industries.

Get Customization on this Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=4061

Key players in the Network Access Control Market

• 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
  

Key Takeaways from the Market Study

• Global network access control market to surpass US$ 2 Bn by the end of 2022
• U.S to be an opportunistic market for network access control, securing a 45% market share
• China to be the dominant market, accumulating a share of 55% from 2022-2032
• By deployment, cloud-based network access control software to expand at a CAGR of 15%
• 3 out of 5 network access control software applications abound across the IT & Telecom sector
  

Explore Fact.MR's Coverage on the Technology Domain-

Computer Aided Engineering Market Forecast – Cloud computing's flexibility and cost-effectiveness are key factors in the increasing adoption of computer-aided engineering. For computer aided engineering systems, cloud computing avoids the significant expenses of hardware procurement, installation, and support infrastructure.

Computer Aided Detection Market Trends - Computer-assisted detections allow for the early detection of diseases that can be devastating, such as cancer. Patients have been encouraged to choose for random tests and check-ups as a result of this. As a result of these factors, the global computer-aided detection market is expected to experience rapid expansion.

Network Access Control Market Analysis - Network access control (NAC) has gone a long way, and a number of industry leaders have developed solutions to help it continue to evolve throughout the years. With an ever-increasing number of major and small and medium-sized businesses, North America will continue to be the most attractive market for network access control.

Big Data Technology and Services Market Scope - The growing importance of big data technology in Internet of Things is the most recent trend gaining pace in the big data and service business (IoT). As a result, several industries are adopting big data services in order to handle enormous amounts of data and generate useful insights.

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Tel: +1 (628) 251-1583