Network Access Control (NAC) Market to grow by USD 21.53 billion from 2022 to 2027 | Market driven by penetration of wireless network infrastructure - Technavio
NEW YORK, Sept. 22, 2023 /PRNewswire/ -- The "Network Access Control (NAC) Market by Deployment (On-premises and Cloud), product (Hardware, Software, and Services), and Geography (North America, Europe, APAC, Middle East and Africa, and South America) - Forecast and Analysis 2023-2027" report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the network access control (NAC) market between 2022 and 2027 is USD 21.53 billion. Penetration of wireless network infrastructure is notable driving the growth of the market. The popularity of wireless Internet is constantly increasing in all areas as infrastructure and technology, such as 4G/5G and wireless broadband become cheaper. The emergence of wireless infrastructure is a very profitable proposition and has resulted in the amplification of software consumption across all verticals for an enterprise. As all business processes and activities are increasingly digitized, every business today is an information business. However, the entire digital system is developed in a way that encourages consumers to consume digital products and services. Additionally, with the rise of geographically distributed infrastructure, centralized access control and monitoring have become a necessity. These vertical business transformations underline complex NAC implementations, driving the market growth during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
Interoperability issues in a NAC solution are the challenge that limited the market growth. NAC solutions have to communicate and interact with a multitude of mobile devices and systems, mainly owing to the mobility phenomenon in the modern working environment. Consequently, they are needed to interact with all the various types of devices in an organization and manage them to accomplish the desired goal of the organization. As a result, data interoperability and integration issues often arise, which will become a loophole for data breaches. Similarly, the rising mobility phenomenon with the prevalence of BYOD, BYOT, and different systems working together across landscapes and management modes raises questions about interoperability and integration. Such integration issues in the NAC suite are a significant challenge impeding the growth of the global NAC market during the forecast period.
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The network access control (NAC) market is segmented by deployment (On-premises and Cloud), product (Hardware, Software, and Services), and geography (North America, Europe, APAC, Middle East and Africa, and South America).
View the Free Sample Report for insights into the contribution of all the segments and regional opportunities in the report.
Key Companies in the Network Access Control (NAC) market:
Auconet Inc., Belden Inc., Beyon Cyber, Check Point Software Technologies Ltd., Cisco Systems Inc., Extreme Networks Inc., Forescout Technologies Inc., Fortinet Inc., Hewlett Packard Enterprise Co., InfoExpress, Ivanti Software Inc., Juniper Networks Inc., Nevis Networks Pvt. Ltd., Nomios USA Inc., OPSWAT Inc., Palo Alto Networks Inc., Portnox Security LLC, SCAN IT Sp. z o. o., Sophos Ltd., and Singapore Telecommunications Ltd.
The Access Control as a Service (ACaaS) Market size is estimated to grow at a CAGR of 22.39% between 2022 and 2027. The market size is forecast to increase by USD 4,473.02 million. This report extensively covers market segmentation by end-user (government, healthcare, transportation, retail, and others), type (managed service and hosted service), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The increased adoption and implementation of the mobility phenomenon and bring-your-own-device (BYOD) is notably driving the access control as a service (ACaaS) market growth.
The zero trust network access market share is expected to increase by USD 1.41 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 24.8%. This report extensively covers zero trust network access market segmentations by deployment (on-premises and cloud) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The growing frequency of target-based cyber-attacks is one of the major drivers impacting the zero-trust network access market growth.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Deployment
Market Segmentation by Product
Drivers, Challenges, & Trends
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