Network Access Control Market

Network Access Control Industry Overview (2022-2032)

The network access control market has garnered a market value of US$ 2.1 Bn in 2022, anticipated to register a positive CAGR of 22% in the forecast period 2022-2032 and reach a value of US$ 15.37 Bn.

Report Attributes	Details
Network Access Control Market Size (2022)	US$ 2.1 Bn
Sales Forecast for Network Access Control (2032)	US$ 15.37 Bn
Global Market Growth Rate (2022 to 2032)	22% CAGR
Key Companies Profiled	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 Gmb OPSWAT Inc. Portnox (Access Layers Ltd.) Pulse Secure Solarwinds Inc. Trustwave (Singtel) Venustech Group Inc.

Demand Analysis of Network Access Control from 2017-2021 Vs Future Outlook 2022-2032

From 2017 to 2021, the global network access control market registered significant gains, registering a CAGR of around 19%. The culture of Bring Your Own Device, commonly referred to as ‘BYOD’, has been long instilled across workplaces to encourage employee flexibility. With this culture of BYOD in place, companies are able to boost the ‘agility factor’ of their operational bases, which, in turn, helps them achieve long-term goals.

With Authentication, Authorization, and Accounting (AAA) being its traditional focus, the network access control market has been growing and rules to legitimate end-user devices have been further complementing the global market growth. An increasing number of endpoint devices and extensive diversification of the same continue to be two of the key factors spurring the deployment of NAC solutions in the next 5 years.

According to the Fact.MR analysis, the market is projected to show a promising growth rate for network access control growing at a CAGR of around 22% over the forecast period (2022 to 2032), surpassing US$ 15 Bn.

What is driving Market Growth of Network Access Control?

Enhancing Demand for Robust Virtual Security Solutions Widening Adoption

Commercial premises such as enterprises, data centers, banks, and financial centers stay at the forefront of the demand for network access control solutions to retain and update critical data. Alarming rates of cybercrimes and increasing geopolitical tensions have oiled the wheels for a growing number of network security breaches and unauthorized intrusions that have necessitated the deployment of efficient security solutions, with network access control being a prominent one.

With the increasing capabilities and technological advancements of upsetting cyberspace, the need for a proper network access control system has become inevitable, bringing new opportunities for the market players to reap benefits from. Cyber security crimes, as a resultant of an increasing number of diverse operating systems and endpoint devices, have become a major area of concern for enterprises to fend of the risk of potential losses, thereby boosting demand for network access control systems.

As several enterprise networks are vying to extend beyond secure walls, the investments in network access control solutions will continue unabated during the forecast period.

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.

Organizations are staying up to date with implementing network access control or are looking forward to implementing network access control, in order to protect their networks from the threats brought about by unmanaged devices.

How Will a Massive Shift toward Cloud Infrastructure Benefit Market Revenues?

Network administrators face umpteen several challenges in terms of multiple device locations and access points amid cloud systems. With a heterogeneous environment created with multiple vendors, managing becomes a tedious task requiring the righteous implementation of network access control.

It becomes increasingly important for cloud customers to manage the security of their cloud instances and network access control vendors provide solutions that support a hybrid IT implementation.

Network access control virtual appliances and network access control software-as-a-service are expanding rapidly as customers are turning towards the cloud for easy & rapid deployment as well as hardware maintenance.

Country-Wise Analysis

How attractive is the Network Access Control Market in the U.S?

Increased Vulnerability to Cyber Threats to Spur Adoption

The U.S. market will continue being the most lucrative market for network access control, with an ever-expanding growth of large and small & middle-sized enterprises. The region remains one of the earliest adopters of endpoint devices, some of the prominent ones being smartphones, laptops, and tablets, thereby laying the foundation of steadfast adoption of network access control solutions.

The US continues to be at the forefront of the demand for NAC, with an ever-increasing number of enterprises getting aware of the benefits of network access control with respect to business operations, finds Fact.MR. A revenue share worth 45% is projected for the U.S market.

In addition to this, in October 2020, according to the U.S. government, Iranian hackers attacked the state election website to access the voter registration information and conduct a voter intimidation campaign. These cyber threats are motivating the government authorities to enforce stringent regulations.

How is the Market Performing in China?

“Implementation of Network Access Control Best Practices Spurring Growth”

In China, the network access control systems are driven by the deployment of the cloud model is projected to witness high growth due to the surging adoption of cloud-based software platforms across enterprises.

The major enterprises are moving toward the cloud-based network infrastructure owing to the benefits such as scalability and reduced hardware maintenance cost. According to Fact.MR, the Chinese market is expected to capture around 55% revenue share through 2032.

Category-Wise Insights

Which Deployment Type is expected to dominate the Market?

Cloud-based Network Access Control to Reign Supreme

The cloud segment holds the largest market share owing to the increasing adoption of cloud-based technology across various industry verticals. Benefits such as high storage capacity, centralized access, high speed, and reliability are the main driving factors. A CAGR of 15% is anticipated for this segment.

Which Vertical of Primary Network Access Control?

Extensive applications anticipated in the IT & Telecom Sector

The IT and Telecom sector is the leading end-user of the network access control systems owing to the advancements taking place in the industry. According to Fact.MR, a market share worth 60% is projected for the IT & Telecom sector in the upcoming forecast period.

Competitive Landscape

The competitive landscape of the network access control market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies.

• 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.

Key Market Segments in Network Access Control Industry Research

• Component Type

  • Hardware
  • Software
  • Services

• Deployment Type

  • On-Premises
  • Cloud-based

• Buyer Type

  • Large Enterprises
  • Small and Medium Enterprises

• Vertical

  • Banking and Financial Services
  • Healthcare & Life Sciences
  • Government
  • Education
  • IT & Telecom
  • Other Verticals