Market World Network Access Control Market | Page 2

Growing emphasis on web-based business services in these sectors is expected to compel growth over the
review period. To satisfy the strict security requirements, government agencies often invest in Network Access
Control solutions to filter unauthorized networks and device connections. These services ensure continued
businesses while managing security threats. Risk management efforts and endpoint intelligence have been
accentuated to a great extent in financial institutions, SMBs units and IT enterprises. It has consequently
propelled demand for Network Access Control products and has led to market growth. However, the market is
expected to witness slowdown in growth due to lack of scalability among the products.
The services have been classified into training, integration, professional services and support, & maintenance.
Network access abilities are enhanced by utilizing integration services that provide various services including
content caching, intrusion prevention and video conferencing simultaneously. In 2014, the integration services
sector constituted for over 47% of the total market and is anticipated to be leading services segment over the
forecast period. The support, maintenance and training segment is anticipated to have a steady growth gaining
momentum over the forecast period on account of constant requirement for accomplished and skillful
professionals that enable in troubleshooting, managing and selling video, installing, data networks and voice
handling.
The Network Access Control market, based on the type, has been categorized into two types; software and
hardware. The software segment contributed to approximately 42.0% of the total market revenue in 2014. It is
projected to exceed 45% by 2022 owing to the growing demand for software solutions on account of increasing
malware attacks and cybercrime rate.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/network-access-control-nac-market-size
On the other, the hardware segment constituted nearly 58% of the total market revenue in 2014 and is
anticipated to be the primary solution vertical from 2015 to 2022. This segment comprises of gateway routers,
Small Form-Factor Pluggable trans-receiver modules (SFP) and Network Access Servers (NAS). The gateways
consist of multi-homing VPN security gateways and Unified Threat Management content security gateways
(UTM) that offer secure network connections. Users are provided with internet access post authentication
through an independent service providers (ISP) facilitated by NAS.
Based on the end-use, these solutions have been segmented into the government, BFSI, academia,
manufacturing, healthcare, telecommunications and IT. The other segment includes transportation, media and
entertainment, and retail. In 2014, the BFSI sector is anticipated to be the leading end-user over the forecast
period which constituted for nearly 29% of the total revenue. The rising need for carrying out safe and protected
transactions has impelled banks and financial institutions to make use of network security solutions.