July 6, 2024

Network Access Control Market is Estimated to Witness High Growth Owing to Growing Security Threats

Network access control (NAC) enables organizations to identify, authenticate and authorize devices and users trying to access business applications and resources over a network. NAC solutions offer enhanced visibility and control to network access for improved security and compliance. The increasing instances of cyberattacks such as malware infecting end-user devices have accelerated the adoption of NAC solutions by enterprises to patch vulnerabilities and restrict access to infected devices. NAC helps secure network perimeters by verifying endpoints and enforcing policies for access.

The Global Network Access Control Market is estimated to be valued at US$ 9,397.7 Mn in 2024 and is expected to exhibit a CAGR of 8.2% over the forecast period 2023 to 2030.

Key Takeaways

Key players operating in the Network Access Control are 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. The increasing mobility of endpoints and adoption of cloud and Internet of Things (IoT) technologies are fueling growth opportunities for NAC vendors. NAC solutions allow authorized access for personal devices connecting to internal networks through secure guest portals and on-boarding capabilities. Adoption of bring your own device (BYOD) policies by enterprises has increased the necessity for robust monitoring and access control of personal endpoints. Leading NAC providers are focusing on enhancing their solutions with advanced capabilities such as device and behavior profiling for continuous endpoint assessment and remediation.

Key players operating in the Network Access Control are focusing on developing integrated and scalable NAC solutions to secure large and complex networks. Key opportunities in the market include protecting cloud infrastructure from unauthenticated access and securing industrial control systems from cyberthreats. Emerging technologies such as software-defined networking (SDN) and network virtualization are enabling centralized control, automated provisioning, and dynamic policy adjustments for NAC systems.

Market drivers

One of the key drivers for the network access control market is the growing security threats from malware and ransomware attacks. As cybercriminals deploy sophisticated techniques to infiltrate networks, there is a rising need for robust access control and visibility mechanisms. NAC assists organizations in preventing the spread of infected devices by timely identifying and isolating compromised endpoints. This enhances the overall security posture of the network while safeguarding sensitive data and infrastructure from internal and external threats. The market is also spurred by the stringent compliance mandates worldwide for securing connectivity and monitoring device behaviors on business networks.

Current challenges in Network Access Control Market:
The Network Access Control market is currently facing challenges around growing security threats to networks and remote access points along with increasing demand for mobility and bring-your-own-device policies from organizations. More sophisticated cyber attacks and the frequency of data breaches have highlighted the need for stricter access control and visibility across networks. At the same time, supporting a diverse array of personal devices accessing internal systems over WiFi or VPNs has become crucial for business needs, bringing along device and identity management challenges. Integrating legacy security infrastructure with new NAC solutions is another hurdle that many organizations need to overcome as they look to modernize their access control architecture.

SWOT Analysis
Strength: Provides centralized visibility and control over all devices and users accessing organizational networks. Comprehensive policy enforcement capabilities help secure the network perimeter.
Weakness: On-premise NAC deployments require significant upfront investments and ongoing maintenance costs. Complex integrations with diverse authentication sources can reduce ease of deployment.
Opportunity: Rising mobile work trends and security threats are driving greater demand for robust access control and visibility. Cloud-managed NAC solutions offer cost-effective alternatives to traditional on-premise models.
Threats: Stiff competition exists from vendors providing overlapping secure access and policy control capabilities as part of unified endpoint management, firewall, and zero-trust solutions.

In terms of value, the North American region currently dominates the Network Access Control Market owing to rapid adoption of advanced authentication and access control architectures across sectors to secure hybrid workplace environments. Major enterprises and government organizations in United States and Canada are leading technology deployments. The Asia Pacific region is expected to be the fastest growing market during the forecast period due to growing digital transformations and increasing cyber attack surface across small- and medium-businesses in countries like India, Japan and China.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it