Network Access Control Market
Network Access Control Market Study by Hardware, Software, and Services for Banking & Financial, Healthcare & Life Science, Government, Education, and IT & Telecom from 2024 to 2034
Analysis of Network Access Control Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Network Access Control Market Outlook (2024 to 2034)
With the proliferation of IoT and cloud infrastructure, worldwide revenue from the sales of network access control is set to reach US$ 3 billion in 2024 and has been evaluated increase more than 6X at a CAGR of 20.5% to reach US$ 19.7 billion by the end of 2034.
Network access control (NAC) is solution that is used to protect network from any external unauthorized access. Network access control technologies are effective in organization where managing and securing wide number of devices is important. Electronic access control systems protect the access by the use of electrically powered locks.
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 sales of network access control solutions are growing and rules to legitimate end-user devices are further boosting the global network access control 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.
North America is a large region with the presence of several large and medium size companies. Growing need for cyber security among these organizations is leading to the rising adoption of network access control solutions.
- North America is estimated to account for 33% of the global network access control market share in 2024.
East Asia is witnessing rapid digitalization across various industries. The growing adoption of cloud services, mobile technologies, and IoT devices is rising the complexity issues related to network security, which is further contributing to increasing sales of network access control technologies.
- The East Asian network access control market size is projected to reach US$ 5.1 billion by 2034.
| Report Attributes | Details |
|---|---|
| Network Access Control Market Size (2024E) | US$ 3 Billion |
| Forecasted Market Value (2034F) | US$ 19.7 Billion |
| Global Market Growth Rate (2024 to 2034) | 20.5% CAGR |
| South Korea Market Value (2034F) | US$ 1.2 Billion |
| Demand Growth for On-Premise Solutions (2024 to 2034) | 21.7% CAGR |
| Key Companies Profiled |
|
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Why is the Need for Network Access Control Technologies So High?
“Huge Demand for Robust Virtual Security Solutions Widening Adoption Scope of Network Access Control Technologies”
Commercial premises such as enterprises, data centers, banks, and financial centers are 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 increasing capabilities and technological advancements of upsetting cyberspace, the need for a proper network access control systems is becoming 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 is set to boost during the forecast period.
“IoT and BYOD Creating Profitable Opportunities for Network Access Control Solution Providers”
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, is 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.
Combined proliferation of mobile technologies, biometrics, block chain technology, Internet of Things (IoT), and BYOD culture some of the notable network access control market trends. 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, to protect their networks from the threats brought about by unmanaged devices.
“Shift toward Cloud Infrastructure Benefiting Network Access Control Service Providers”
Network administrators face umpteen several challenges in terms of multiple device locations and access points amid cloud access networks. 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.
What Can Hamper Adoption of Network Access Control Solutions?
“Complexity Associated with Implementation of Network Access Control Technologies”
Complexity associated with the integration of network access control solutions in large network environments are expected to pose as restraint for enterprises. Large enterprises have multiple devices such as mobile phones, laptops, and various end points. Every device has its unique operating systems. Thus, seamless integration of network access control solutions is with existing IT infrastructure is a significant barrier.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
How Can New Companies Succeed in This Highly Competitive Space?
“Focus on Introduction of NAC Solutions with Easy and Effective Integration Capability”
New companies should focus on introducing network access control solutions with rich-features. One of the major factors is easy compatibility with existing IT infrastructure. They should invest in the production of user-friendly NAC solutions. Easy-to-use interfaces aids in smoother adoption and attracts a wider consumer base.
Country-wise Analysis
What is the Demand Outlook for Network Access Control Systems in the United States?
“Increasing Vulnerability to Cyber Threats Spurring Adoption of Network Access Control Technologies”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 400 Million |
| Growth Rate (2024 to 2034) | 20.2% CAGR |
| Projected Value (2034F) | US$ 2.8 Billion |
The United States is the most lucrative marketplace for network access control providers, with an ever-expanding growth of large and small & middle-sized enterprises. The country is 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 country 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.
- In October 2020, according to the United States 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, driving sales of reliable network access control solutions.
Will Germany Be a Profitable Market for Network Access Control System Providers?
“Strict Data Protection Laws Necessitating Robust Network Access Control Solutions”
Germany places a strong emphasis on data privacy. The presence of strict data protection laws are expected to boost sales of NAC technologies in Germany during the coming decade. Organizations in Germany need to adopt effective data protection solutions followed by these strict rules.
Why are Network Access Control Service Providers Thriving in Japan?
“Adoption of Industry 4.0 Principles Increasing Application of Network Access Control Technologies”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 200 Million |
| Growth Rate (2024 to 2034) | 21.9% CAGR |
| Projected Value (2034F) | US$ 1.5 Billion |
Adoption of Industry 4.0 principles is increasing demand for network access control solutions in Japanese industrial landscape. Network access control technologies that support effective network access on global scale, complying cross-border data transfer rules are set to exhibit high demand in Japan.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Category-wise Analysis
Which Deployment is Widely Popular for Network Access Control Systems?
“Cloud-Based Network Access Control Technologies Popular for Reducing Infrastructure Costs”
| Attribute | Cloud-Based |
|---|---|
| Segment Value (2024E) | US$ 2.1 Billion |
| Growth Rate (2024 to 2034) | 20% CAGR |
| Projected Value (2034F) | US$ 13.2 Billion |
Demand for cloud-based NAC technologies is driven by its scalability and flexibility nature. The cloud-based technologies are also gaining traction due to their less infrastructure and space requirements compared to on-premises. These cloud-based technologies also reduce the costs associated with hardware and maintenance.
Who are the Prime Users of Network Access Control Solutions?
“Network Access Control Systems Widely Deployed in Banking and Finance”
| Attribute | Banking & Financial Services |
|---|---|
| Segment Value (2024E) | US$ 500 Million |
| Growth Rate (2024 to 2034) | 21.2% CAGR |
| Projected Value (2034F) | US$ 3.3 Billion |
The banking and financial services sector is often susceptible to cyber threats. network access control solutions help to reduce or mitigate such threats by monitoring and executing appropriate results. The financial sector deals with sensitive data of customers such as personal, financial, and account information. To protect such information and avoid any fraudulent activities, network access control technologies are widely employed.
Competitive Landscape
The competitive landscape of the market is being shaped by product innovation and strategic mergers & acquisitions. Key players in the network access control market are focusing on capacity enhancements and global expansion to leverage profitable opportunities in high-potential countries.
- In March 2020, Portnox announced the release of its Zero-Trust Remote Access-as-a-Service solution.
Key Segments of Network Access Control Market Research
-
By Component :
- Hardware
- Software
- Services
-
By Deployment :
- On-Premise
- Cloud-based
-
By Enterprise Size :
- Large Enterprises
- Small & Medium Enterprises
-
By Vertical :
- Banking & Financial Services
- Healthcare & Life Sciences
- Government
- Education
- IT & Telecom
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
- FAQs -
How big is the network access control market size?
The global network access control market is evaluated at US$ 3 billion in 2024.
What is the projected market value for network access control by 2034?
Sales of network access control technologies are forecasted to reach US$ 19.7 billion in 2034.
At what rate are network access control sales expected to rise?
Demand for network access control solutions is foreseen to rise at a CAGR of 20.5% from 2024 to 2034.
What is the estimated size of the South Korea market in 2024?
The South Korea market is calculated at a value of US$ 200 million in 2024.
Which sector is a key end user of network access control solutions?
Deployment of network access control solutions in banking & financial services is expected to increase at a CAGR of 21.2% through 2034.
Who are the leading providers of network access control technologies?
Some of the key market players include Auconet Inc., Cisco Systems Inc., and CommScope Inc.
Network Access Control Market