Network Access Control Market trends research for 2018-2024 Network Access Control (NAC) Market | Page 2

NAC solutions can be deployed into on-premise and cloud-based models. The on-
premise is also known as infrastructure-based, which connects the user to a wired
network and allows access to its resources. The cloud-based model also known as
appliance-based model provides a role-based access control & authentication to its
users through LAN, VAN or other wireless connections.
NAC systems have been used in various industry verticals including financial services,
government, manufacturing, telecommunication, IT, healthcare, businesses,
insurance, entertainment, media, retail, and transportation sectors. Financial service
is estimated to account for the majority share in the market due to the increasing
adoption of NAC solutions across banks, insurance, and other financial institutes to
control security and access control from a centralized location. Furthermore, the
system also offers high scalability, flexibility, and local intelligence to protect against
communication failures.
North America region holds the largest market share in the NAC market. This is
attributed to the early adoption of smartphones and IoT technologies. The growing use
of IoT in manufacturing and retail coupled with the burgeoning connected car market
has driven the demand for endpoint security technologies using NAC platforms. Asia
Pacific and Latin America regions are estimated to grow substantially during the
forecast period due to the increasing adoption of cloud-based technologies and social
media platforms in developing countries including India, Brazil, and China.
The major vendors in the market are Key Innovator, Portnox, Pulse Secure, LLC.,
Auconet, Avaya, Bradford Networks, Hewlett Packard Enterprise Development LP,
Impulse Point, Cisco Systems, Extreme Networks, and ForeScout Technologies. The
companies operating in the market space focus on forming partnerships to gain a
competitive edge over their competitors. For instance, in January 2018, Portnox
launched its global partnership program Portnox Sphere. This program offers
Portnox’s network visibility & access control solutions to a wide range of businesses
and controlling access for more customers. Similarly, in December 2016, Bradford
Networks, a provider of network security solutions partnered with select Managed
Security Service Providers (MSSP) to deliver business-class security controls as a
managed offering that will accelerate the adoption of mobile and IoT endpoints.
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