Market Revenue Network Access Control Market Strategy Framework

Network Access Control Market Strategy Framework, Competitive
Landscape, Vendor, Trends Till 2022
“Network Access Control (NAC) Industry was estimated over USD 551.6 million
in 2014 and is anticipated to be worth USD 4.39 billion by 2022, with a CAGR
at 30.2%. Increasing rate of data thefts and cyber-attacks have resulted in the
development of Network Access Control that provide solution to combat these
problems.”
Global Network Access Control (NAC) Industry was estimated over USD 551.6 million in 2014 and is anticipated
to be worth USD 4.39 billion by 2022, with a CAGR at 30.2%. Increasing rate of data thefts and cyber-attacks
have resulted in the development of Network Access Control that provide solution to combat these problems.
NAC solutions have been accepted on a large scale at a rapid pace in order to ensure safety from malware
attacks, hackers and malicious software thereby leading to a need for secure network infrastructure.
Extensive adoption of Machine to Machine (M2M) networks and Internet-of-Things (IoT) has added significantly
in upholding the industry prospects. It is capable of efficiently facilitating the changing enterprise network and
regulatory scenario. The Bring Your Own Device (BYOD) trend plays a major role in accelerating the demand for
Network Access Control solutions. Improved ease of deployment, reduced system complexity and enhanced
effectiveness of these products has further steered the market growth. Improvements in technological
proliferation, Network Access Control platforms, endpoint visibility remediation along with configuration
assessment have resulted in market expansion. In an attempt to improve the efficacy of perimeter network
defenses, Network Access Control is being widely implemented into security platforms. NAC software is used in
BFSI and government sectors. Regulatory compliance requirements such as Payment Card Industry Data Security
Standard (PCI DSS) and Control Objectives for Information and Related Technology (COBIT) are forcing
organizations to adopt the network access control solutions. Growing emphasis on web-based business services
in these sectors is expected to compel growth over the review period.
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