Network Access Control Market Advancements Highlighted by Size, Share, Industry Growth, Trend, Drivers, Cha… – WhaTech

The network access control market is estimated to be valued at US$ 4.26 Bn in 2024 and is expected to reach US$ 16.96 Bn by 2031, growing at a compound annual growth rate (CAGR) of 21.8% from 2024 to 2031.

Market Overview:

Network access control (NAC) enables companies to control user and device access to their network resources and applications. It helps secure corporate networks from unauthorized or vulnerable devices.

Market Dynamics:

The network access control market is expected to witness significant growth over the forecast period owing to increasing usage of mobile devices and rise in concerns about network security. According to Coherent Market Insights, the market is estimated to surpass US$ 6 Billion by 2024. Mobile device usage in enterprises has grown tremendously in recent years. As these devices connect to corporate networks, they pose security risks for sensitive data and systems on the network. Network access control solutions help authenticate devices and apply security policies based on their identity, operating system, and applications to control network access. Additionally, the increasing number of internet-connected devices and bring your own device trend have also heightened security risks for corporate networks. NAC solutions enable IT teams to secure these diverse endpoints.

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Top Companies Covered In This Report:

Auconet, Inc., Avaya, Inc., Bradford Networks, Cisco Systems, Inc., Extreme Networks, Inc., Forescout Technologies, Inc., Hewlett Packard Enterprise Development LP, Impulse Point, Key Innovator, Portnox, and Pulse Secure, LLC.

Increasing Threats of Cybersecurity and Breaches are Driving Demand for Network Access Control Solutions

With the growing dependency on digital technologies and widespread internet connectivity, cyber threats and security breaches have proliferated vastly in recent years. Hackers and cybercriminals are finding innovative ways to carry out phishing attacks, data theft, and ransomware activities. This has severely compromised the security of private and sensitive organizational data. Network access control solutions play a crucial role in securing network perimeters and preventing unauthorized access. They authenticate and authorize users and devices attempting to connect to the network and install comprehensive security policies. The constant evolution of cyber threats and frequent occurrences of high-profile security breaches have made businesses acutely aware of their security vulnerabilities. There is increasing focus on strengthening network-level security controls and access management. This is a key factor fueling the demand for advanced NAC solutions globally.

Rise of Remote and Hybrid Work Models is Widening the Attack Surface and Bolstering Adoption of NAC

The COVID-19 pandemic accelerated the shift to remote and hybrid work models. Many employees are now accessing organizational applications, data, and resources from personal devices and home networks located outside the traditional office perimeter. This has significantly widened the potential attack surface for hackers. With no visibility and control over the diverse endpoints connecting to corporate networks, businesses face heightened security risks. Network access control delivers vital capabilities like device profiling, posture assessments, and dynamic segmentation that help gain visibility and enforce security policies for remote and BYOD devices. It prevents infected or non-compliant devices from accessing business-critical assets. The growth of remote and hybrid work styles is compelling more companies to leverage NAC for fortifying their cyber defenses and access governance in this new distributed working environment.

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Limited Security Skills and Resources Pose a Challenge for Effective NAC Deployment

While the need for advanced network access control solutions is compelling, many small and medium businesses face limitations when it comes to dedicated security skills and resources. Successful deployment, configuration, and management of NAC require technical expertise to integrate it with existing network and security infrastructure. It also involves ongoing maintenance, updates, and monitoring to ensure optimal effectiveness. The complexity of NAC and scarcity of cybersecurity talents pose challenges particularly for SMBs with lean IT teams. Limited funding allocation for security also restricts proper investment in NAC deployment and support. These resource constraints hamper smaller companies from maximizing the security benefits of advanced network access technologies. To address such restraints, NAC vendors focus on developing simplified solutions requiring minimal configuration and support. Cloud-managed NAC offerings also help alleviate on-premise resource requirements.

Shift to Cloud-delivered Security Models Presents Major Growth Prospects

The past few years have seen a significant surge in cloud adoption across industries for achieving business agility, scalability, and cost optimization. The popularity of the cloud paradigm is now shifting to the realm of security technologies. Vendors are increasingly offering NAC capabilities under cloud-based and as-a-service delivery models. This provides key advantages for businesses. Cloud NAC eliminates the need for hardware procurement and on-premise management. It offers affordable subscription-based pricing and dynamic scalability to adjust to changing network loads. The cloud delivery approach also ensures NAC solutions are always up to date with the latest security features and threats as vendors centrally manage updates and patches. For cost-conscious and asset-light businesses, cloud-delivered NAC is emerging as an attractive option compared to expensive on-premise deployments. This paradigm shift bodes well for the future prospects of the NAC market.

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The report answers a number of crucial questions, including:

1. Which companies dominate the global Network Access Control market?
2. What current trends will influence the market over the next few years?
3. What are the market’s opportunities, obstacles, and driving forces?
4. What predictions for the future can help with strategic decision-making?
5. What advantages does market research offer businesses?
6. Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
7. What is the anticipated growth rate for the Network Access Control market economy globally?

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