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Network access control (NAC) help organizations by enforcing policies to control devices and user access, thereby increasing network visibility. NAC offers policy control over guest network access, location-based access, profiling and visibility, among others. The implementation of bring your own devices policy is likely to drive the network access control market. Increasing mobile or personal devices accessing the network has forced enterprises to secure their network infrastructure. The increasing demand for the internet of things across industries such as manufacturing, healthcare, BFSI, and more provides various entry points for the attackers. The network access control can be integrated with different security solutions to provide advanced protection. This is likely to drive the demand for network security control.
The demand for NAC is likely to gain traction across small and medium enterprises. The increasing cyberattacks in SMEs are driving the demand for NAC. Similarly, the increasing adoption of smart technologies across large enterprises is likely to boost the NAC market size. The industries with critical data such as BFSI, healthcare, government, and more are witnessing increasing malware and endpoint attacks. This is likely to boost the adoption of NAC solution that offers secured connection across the network.
Key Market Driver -
• Growing adoption of internet of things, cloud services, machine to machine network, and more to drive the demand for network access control • Increasing implementation of Bring Your Own Device policy to propel the market growth
Key Market Restraint -
• High cost of investment is likely to challenge the market growth
Some of the key players in the global network access control market are Cisco Systems, Inc., Portnox, Extreme Networks, Inc., Hewlett Packard Enterprise LP, Genians, Inc., Avaya, Inc., Forescout Technologies, Inc., Auconet, Inc., Pulse Secure, LLC., OPSWAT, Inc (Impulse Point), Key Innovator, Check Point Software Technology, Sophos, among others. These companies are collaborating with other security providers to offer enhanced cybersecurity solutions. The growing adoption of the technologies such as internet of things, artificial intelligence, and cloud-based services among organizations has forced the companies to focus on providing network security. The companies are also aiming to provide affordable and efficient NAC solutions for small and medium enterprises across the industries.
North America is expected to dominate the market share during the forecast period. The increasing cyberattacks in the region are driving vast investments in the network access control solutions. The US is likely to show rapid growth owing to increasing demand for BYOD policy across industries. A significant number of key companies has its headquarters based in the US. According to the Symantec Corporation’s ISTR march 2018 report, the US ranked top with 18.2% of ransomware attacks in the year 2018. According to the Council of Economic Advisers 2018, malicious cyber activity cost the US economy between USD 56-109 billion in 2016.
Europe to showcase steady growth during the forecast period owing to increasing awareness regarding network attacks. In 2018, the European Union launched the General Data Protection Regulation (GDPR) to regulate data protection law. Asia Pacific is expected to gain traction during forecast period owing to the increasing adoption of technologies such as IoT, artificial intelligence, cloud infrastructure and more. China is expected to lead the market during the forecast period. India is likely to grow steadily owing to the increasing breaches across the industries. This is expected to drive the demand for secured NAC solutions. According to the EY global security survey 2016-17, 69% of companies in India increased their security budget over the last twelve months.
Similarly, Latin America and Middle East & Africa are expected show moderate growth during the forecast period. The increasing investment by GCC government in the internet of things, smart healthcare, and cloud are expected to drive growth.
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