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Network Access Control (NAC) Market is expected to witness rapid escalation globally by 2027
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Network Access Control (NAC) Market Analysis by Growth Drivers and Current Trends till 2027 • The global network access control market has witnessed two-fold growth owing to the growing adoption of BYOD policies along with the need to simplify network security management. The growing demand from enterprises to offer secure and authorized access to the corporate network infrastructure is driving the trends in the global NAC industry. • As per reports, the global network access control market is expected to cross USD 12 billion in terms of valuation through 2027. With respect to the deployment model, cloud deployment has gained considerable demand over the last couple of years as many companies are transitioning to the cloud-based infrastructure from on-premise. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
An escalating penetration of mobile phones and constantly rising security concerns is encouraging enterprises to use robust network access control solutions. This technology helps the companies in gaining visibility across various devices that are connected to both wireless and wired networks. It also allows the companies to develop effective access controls that are based on parameters like location, type of the devices, resources, and many others. • The proliferation of BYOD, cloud services, and mobile hotspot trends along with the need to administrate the overall network ecosystem will complement the adoption of cloud-native NAC technology. The companies like Celestix Networks, Inc., Genians Inc., and many others provide cloud-native NAC solutions along with improved flexibility and scalability. • Large enterprises have showcased widespread demand for a reliable NAC market and accounted for more than 70% of the total market share in the year 2020. The enterprises are required to manage their network infrastructure in order to offer uninterrupted services to the corporate resources. • NAC solutions find integral demand across the healthcare sector. This is primarily due to the need to secure large volumes of electronic medical records and remove any risk linked with ransomware attacks that may affect the data of the patients. Moreover, network access control technology allows hospitals to ensure compliance with HIPPA rules throughout the infrastructure. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Regional Analysis • In regions such as Europe, the development in the telecom industry along with the growing adoption of IoT devices has broadened the regional network access control market. Moreover, many regional companies are constantly aiming at developing advanced network access technology. For example, in March 2020, Partnox- a network security solution provider with operations in London introduced Zero Trust remote access-as-a-service offering. This solution helped in-network access management, especially in virtual desktop infrastructures. • Competitive Analysis • A few of the many NAC providing enterprises include Juniper Networks Inc., Cisco Systems Inc., Hewlett Packard Enterprises, Fortinet Inc., and Extreme Networks Inc. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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