slide 1: Network Access Control Market forecasted to obtain 2645.5
Million by 2020
According to new market research report "Network Access Control Market by
Product Type Software and Hardware Services Consulting Installation and
Maintenance and Support User Type Deployment Type Vertical and Region -
Global Forecast to 2020" is expected to grow from USD 681.3 Million in 2015 to
USD 2645.5 Million by 2020 at a high Compound Annual Growth Rate CAGR of
31.17.
Browse 65 tables and 35 figures spread through 124 Pages and in-depth TOC on
"Network Access Control Market - Global Forecast to 2020"
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The NAC market size is estimated to grow at a high Compound Annual Growth
Rate CAGR of 31.17 from 2015 to 2020. The global NAC market is witnessing a
rapid growth with growing new modes of user interactions in enterprises. These
modes need to be secured to prevent any leakage of information. NAC solutions
help in avoiding security vulnerabilities and securing a network from any risk.
Also the growing Bring Your Own Device BYOD trend calls for highly secured
network solutions. Thus NAC solution has become the most significant part of
security value chain and is being implemented by most of the organizations
globally.
“NAC product by type to gain market prominence by the next five years”
The NAC hardware solution by product type is expected to hold the largest
market share during the forecast period. More than half of the total NAC market
revenue is contributed by hardware solution type and the trend is expected to
continue during the entire forecast period. The software solution shows great
slide 2: growth opportunities with a high CAGR in the next five years. The increasing
demand for easily scalable devices and associated security controls within the
enterprise budget is driving the NAC software solution market.
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“The APAC NAC market is expected to be the fastest growing regional market”
Considering the regional trends of the NAC market North America is projected to
hold the largest market size. The market in APAC is in the growth phase and is the
fastest growing regional NAC market. This is mainly attributed to the growing
focus of the market players to the great opportunities in the NAC market due to
the presence of many developing countries and infrastructure in this region. The
Latin America and MEA regions also depict great potentials in terms of adoption
of NAC solutions.
There are various companies that are coming up with innovative and efficient
NAC solutions and services in this market due to the need for improved network
security and business operations globally. The major players offering NAC
solutions and services are Cisco Systems ForeScout Technologies Extreme
Networks HPE Bradford Networks and Avaya among others. Moreover there
are various key innovators in the market such as SnoopWall which is providing
innovative NAC solutions.
The market is segmented based on product types that include hardware and
software and services which include consulting installation and support and
maintenance. Further the NAC market is also segmented based on deployment
types user types industrial verticals and regions. The scope of the report covers
detailed information regarding the major factors influencing the growth of the
NAC market such as drivers restraints opportunities and challenges. A detailed
analysis of the key industry players has been done to provide insights into their
slide 3: business overview products and services key strategies new product launches
partnerships collaborations expansions and competitive landscape associated
with the NAC market.
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