Global Network Access Control Market Size study & Forecast, by Type (Hardware, Software, Services), by Deployment (On-premise, Cloud), by Enterprise Size (Large Enterprise, Small & Medium Enterprises), by Vertical (BFSI, IT and Telecom, Retail & E-commerc

Global Network Access Control Market Size study & Forecast, by Type (Hardware, Software, Services), by Deployment (On-premise, Cloud), by Enterprise Size (Large Enterprise, Small & Medium Enterprises), by Vertical (BFSI, IT and Telecom, Retail & E-commerce, Healthcare, Manufacturing, Government, Education, Manufacturing, Others) and Regional Analysis, 2023-2030

Global Network Access Control Market is valued at approximately USD 2.51 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 27.2% over the forecast period 2023-2030. The Network Access Control encompasses the development, deployment, and management of solutions and technologies that ensure secure and authorized access to network resources. It involves the implementation of policies, protocols, and software tools to authenticate, authorize, and enforce access controls for devices seeking to connect to a network, whether wired or wireless. The network access control solutions aim to protect networks from unauthorized access, enforce compliance with security policies, and safeguard against potential threats and vulnerabilities, enhancing overall network security and reducing the risk of data breaches or unauthorized activities. The Network Access Control Market is being driven by factors such as an increasing number of cyber attacks and an increasing hybrid work culture.

The rising frequency and sophistication of cyberattacks have highlighted the need for robust security measures, including network access control. Organizations are actively seeking solutions to protect their networks from unauthorized access, malware, data breaches, and other cyber threats. According to IDTheft Center, ITRC annual data breach report 2022, Cyberattacks cases recorded in 2020 were 878 and increased to 1613 in year 2021. Thus, the rise in cyberattack cases fuels the growth of the market. In addition, increasing adoption of zero trust security and integration with Identity and Access Management (IAM) creates lucrative opportunities for the market. However, the high cost of implementation and maintenance hinders the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Network Access Control Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. According to the growing demand for network security solutions among key end-use industries like healthcare, government, education, IT and telecom, and BFSI, North America dominated the market in 2022. Due to the rapid adoption of cutting-edge technologies like IoT in a variety of end-use industries like IT and telecom, BFSI, healthcare, manufacturing, retail, and others, as well as the growing security compliances and regulatory policies to protect customer data in the BFSI and IT sectors, Asia Pacific is regarded as the region with the fastest growth over the forecasted period.

Major market player included in this report are:
Extreme Networks
Check Point Software Technology
Microsoft Corporation
Hewlett Packard Enterprises (HPE)
Juniper Networks, Inc.
International Business Machines Corporation
Broadcom, Inc.
ManageEngine
Forescout Technologies Inc.
Aruba Networks

Recent Developments in the Market:
 ASIC-based FortiSP5 was introduced in February 2023 by cybersecurity solution and service company Fortinet, making substantial advancements in securing distributed networks. The FortiSP5 provides extremely reliable processing at a cheaper cost and with less power usage. Additionally, it supports edge computing, 5G, operational technologies, secure infrastructure throughout the campus, branches, and other areas.

Global Network Access Control Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered –Type, Deployment, Enterprise Size, Vertical, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Hardware
Software
Services

By Deployment:
On-premise
Cloud

By Enterprise size:
Large Enterprise
Small & Medium Enterprises

By Vertical:
BFSI
IT and Telecom
Retail & E-commerce
Healthcare
Manufacturing
Government
Education
Manufacturing
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Extreme Networks
Check Point Software Technology
Microsoft Corporation
Hewlett Packard Enterprises (HPE)
Juniper Networks, Inc.
International Business Machines Corporation
Broadcom, Inc.
ManageEngine
Forescout Technologies Inc.
Aruba Networks

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