Network Access Control Market, By Type (Hardware, Software, and Services), By Deployment Type (On-Premises and Cloud), By End-use Industry (Banking and Financial Services, Healthcare & Life Sciences, Government, Education, IT & Telecom, and Other), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Network access control is a network solution which allows organizations to restrict unauthorized access of end users. Large organizations, banks, universities, are constantly under threat from unauthorized users as these institutes witness high amount of traffic from employees, students, clients, partners, and others. To provide security to companies systems and networks from malware attacks, large organization, banks, universities are adopting network access control.
The Global Network Access Control Market is estimated to account for US$ 19,222.6 Mn in terms of value by the end of 2030.
Market Dynamics
The Global Network Access Control Market is expected to grow significantly during the forecast period owing to the adoption of cloud technology in network access control. Many companies/organization are shifting toward cloud computing due to its various benefits such as ease of operation, reduced IT costs, flexibility, ease of business, and others. To capture this market trend, key players are also providing software for cloud computing. For instance, Portnox is a U.S based network access control solution providing company, which provides a cloud-based NAC solution known as Portnox Clear which delivers on features such as Continuous Device Monitoring (AgentP), Risk Aware Access Control, Support for IoT and other non-agent devices, Groups and Dynamic VLAN, Cloud Based Wireless & Radius Management, and others. Thus, adoption of cloud technology is expected to benefit the Global Network Access Control Market during the forecast period 2022-30.
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