penetration of wireless network infrastructure is driving the Network Access Control (NAC) Market
Technavio analyzes that the Network Access Control (NAC) Market is expected to grow at a CAGR of 39.04% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 47441.7 million.There are various factors that contribute to the growth of the market. The Network Access Control (NAC) market has witnessed significant growth due to the increasing penetration of wireless network infrastructure in both enterprise and consumer environments. NAC solutions ensure secure access to these networks by implementing policies that control and monitor devices attempting to connect. By enforcing security policies, NAC systems help mitigate risks associated with unsecured wireless networks and safeguard against potential threats.
In the global Network Access Control (NAC) market, the on-premises segment dominates, accounting for the largest market share in 2022. On-premises NAC deployment refers to the integration of NAC solutions over an enterprise's in-house network infrastructure. This setup offers customization to align with enterprise infrastructure and unique business needs. Key advantages include no reliance on external network connections, enhanced intrinsic security due to internal access management, faster accessibility, and complete control over servers and infrastructure. The ongoing digital transformation trend in large corporations is fueling market expansion. System integrators, value-added service providers, government & defense, healthcare, educational institutions, industrial manufacturing, IT & telecom sectors increasingly recognize the importance of robust network access control solutions to secure their critical data and systems.
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Network Access Control (NAC) Market Segmentation
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Network Access Control (NAC) market is witnessing significant growth due to increasing security concerns in large enterprises, government & defense, healthcare, educational institutions, and business organizations. NAC solutions ensure authentication, endpoint configuration, and user role/identity management for IoT devices and traditional endpoints. Cloud-based security solutions and system integrators offer value-added services. The hardware segment dominates, but cybersecurity concerns drive the adoption of software-based NAC. Long-term recovery plans prioritize NAC in the security value chain, addressing IoT technologies and ensuring security and privacy.
The Network Access Control (NAC) market is a significant segment of the larger IT consulting and other services market. This market caters to the needs of businesses integrating IoT devices, implementing authentication and endpoint configuration, managing user roles and identities, and deploying cloud-based security solutions. Driven by the increasing adoption of these technologies in large enterprises, as well as in Operational Technology (OT) and IT systems, the NAC market is poised for growth. Additionally, the growing importance of securing IT infrastructure in both the public and private sectors is fueling demand for NAC solutions. Government investments in modernizing IT infrastructure and enhancing cybersecurity capabilities further bolster market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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