Outlook of the global network access control market
Technavio’s market research analyst predicts the global network access control (NAC) market to grow profoundly at a CAGR of nearly 32% by 2020. The recent rise in malware attacks on enterprise networks has forced companies to invest in NAC solutions to ensure authorized access to data. Moreover, a number of operating systems, such as iOS, Android, and Windows, have also improved their compatibility with NAC as it helps to ensure the security of the end users’ data. This growing adoption of the data protection solutions will result in this market’s strong growth during the forecast period.
Geographically, it is anticipated that the Americas will experience the highest adoption of NAC solutions during the forecast period. The augmented focus on web-based businesses in the BFSI, healthcare, and e-commerce sectors will lead to the steady growth of the NAC market in the Americas. Also, the growing adoption of Internet-of-Things (IoT) and M2M networks will result in this region’s impressive market share of more than 55% by 2020.
Product-based segmentation of the NAC market
Technavio Announces the Publication of its Research Report – Global Network Access Control (NAC) Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Network Access Control (NAC) Market: Aruba Networks, Bradford Networks, Cisco, ForeScout and Pulse Secure
Other Prominent Vendors in the market are: Auconet, Check Point Software Technologies, CloudGuard, Extreme Networks, Impulse Point, InfoExpress, Intel, Nellsoft, PacketFence, Palo Alto Networks, Portnox, ScanSource Communications, Sophos, and StillSecure.
Commenting on the report, an analyst from Technavio’s team said: “Enterprises in developing countries are becoming more aware of the vulnerability of sensitive organizational data to cyberattacks and are focusing on adopting security solutions, such as NAC, to prevent the occurrence of such attacks. This is particularly true in key sectors such as education, transportation, BFSI, retail, and government. Companies like Cisco are implementing programs such as the Security Education Program to help increase awareness among customers regarding security solutions, including NAC.”
According to the report, cloud-based solutions include managed services, authentication processes, video management systems, and biometric data storage. Large volumes of confidential data, such as login credentials of employees, can be stored on the cloud, as there are no constraints in terms of storage space. Also, these solutions are cost-effective, as well as scalable and flexible.
Further, the report states that the presence of multiple vendors of NAC solutions in the market has increased the chances of price wars, which can affect the profit margins of vendors and the overall market revenue.
Aruba Networks, Bradford Networks, Cisco, ForeScout, Pulse Secure, Auconet, Check Point Software Technologies, CloudGuard, Extreme Networks, Impulse Point, InfoExpress, Intel, Nellsoft, PacketFence, Palo Alto Networks, Portnox, ScanSource Communications, Sophos, StillSecure.
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