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Global Network Access Control (NAC) Market (2018-2022) Projected to Grow at a CAGR of 27.23% - Key Vendors are Cisco, ForeScout Technologies, and HPE - ResearchAndMarkets.com

[April 18, 2018]

Global Network Access Control (NAC) Market (2018-2022) Projected to Grow at a CAGR of 27.23% - Key Vendors are Cisco, ForeScout Technologies, and HPE - ResearchAndMarkets.com

The "Global Network Access Control (NAC) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global network access control (NAC) market to grow at a CAGR of 27.23% during the period 2018-2022.

One trend in the market is commoditization of NAC solutions. With gradual evolution in its features and development of the end-consumer demand, NAC is expected to be moderately commoditized in the forthcoming years. This is a trend that is expected to affect the market across and beyond the forecast period. While it is premature to state if NAC is going to be completely replaced, it cannot be denied that the scope of NAC is continually evolving.

According to the report, one driver in the market is growing awareness of sophisticated data safety issues and threats. At present, with rising technological improvements, there is an increase threat to data security and privacy, as more businesses are coming online. Any data breach leads to system downtime, which can hamper the organizational brand equity. In addition to damages to the brand name, there are costs related to legal actions and insurance claims following a data breach.

For every technological advance in the world, there is an imminent challenge of lack of technological awareness. As such, one of the major challenges for the NAC market is the lack of technological awareness for the solution across industries and businesses. This results in a low rate of adoption and implementation of NAC across the world, and more so in emerging economies.

Key Vendors