The global Network Access Control (NAC) market size was valued at USD 551.6 million in 2014. Network Access Control serves as a solution to combat cyber attacks and data theft. To ensure safety from hackers and malicious software & malware attacks, NAC solutions are being adopted increasingly. The need for developing safe and secure network infrastructure has triggered the demand for these products.
The Bring Your Own Device (BYOD) trend is instrumental in escalating the demand for Network Access Control solutions. Improved effectiveness coupled with increased ease of deployment and reduced system complexity of these products has further led to the expansion. Large-scale adoption of Internet-of-Things (IoT) and Machine to Machine (M2M) networks have contributed significantly in maintaining the industry prospects upbeat. It is being identified as capable of effectively addressing the changing enterprise network and regulatory scenario.
Improvements in Network Access Control platforms, technological proliferation, remediation, and endpoint visibility along with configuration assessment have led to market expansion. Network Access Control is being incorporated into security platforms to improve the efficacy of NAC and perimeter network defenses.
NAC software is widely used in BFSI and government sectors. Increased focus on web-based business services in these sectors is anticipated to impel growth in coming years. Government agencies have strict security requirements, and they often invest in Network Access Control solutions to filter unauthorized networks, device connections, and users.
These solutions help in ensuring business continuity and managing security risks and threats. Regulatory compliance requirements such as Control Objectives for Information and Related Technology (COBIT) and Payment Card Industry Data Security Standard (PCI DSS) are pushing enterprises to adopt the network access control solutions.
IT enterprises, financial institutions and other SMBs units have accentuated risk management efforts and endpoint intelligence. It has subsequently fueled the demand for Network Access Control products and has led to market augmentation. However, lack of scalability among the products is hampering the growth.
The Network Access Control market, on the basis of type, has been classified into two types; hardware, and software. The hardware segment accounted for 58% of the overall revenue in 2014 and is expected to remain the leading solution vertical throughout the forecast period. This segment includes of Network Access Servers (NAS), gateway routers and Small Form-Factor Pluggable (SFP) trans-receiver modules. NAS enables an independent service provider (ISP) to provide the user with internet access post authentication of the user. The gateways consist of Unified Threat Management (UTM) content security gateways and multi-homing VPN security gateways, which help in providing secure network connections.
The software segment accounted for 42% of the overall revenue in 2014 and is expected to reach 45%by 2022. The growth in software solutions can be attributed to a rise cyber crimes and malware attacks.
The services have been classified into the integration, training, support, & maintenance, and professional services. The integration services segment is expected to remain the leading services segment over the next seven years, which accounted for over 47% of the overall market in 2014. Integration services enhance the network access capabilities by synchronously providing diverse services such as video conferencing, content caching and intrusion prevention.
North America market revenue by end-use, 2012 - 2022 (USD Million)
The training, support and maintenance services segment is expected to grow momentously owing to the constant need of skilled and accomplished experts that facilitate in installing, troubleshooting, managing and selling video, voice, and data networks.
On the basis of end-use, has been classified into the BFSI, government, academia, healthcare, manufacturing, IT and telecommunications, and others. The other segment includes retail, media and entertainment, and transportation.
The BFSI sector is expected to remain the leading end-user vertical over the next seven years, which accounted for over 29% of the overall revenue in 2014. The increasing need for carrying out secure transactions has prompted banks and financial institutions to use network security solutions. Government institutions are potential targets for hackers for gaining classified information and political gains. These solutions have helped governmental organizations in curtailing data theft activities and securing confidential files and data from hackers.
By providing secure network access for a wide range of devices, it can help academia vertical to protect its confidential data such as research papers, test, thesis, and student records and support the compliance efforts with mandated policies and regulations.
There exists a high demand for these solutions in the healthcare sector. It helps in protecting patient data by tactical and proactive prevention from unauthorized users, vulnerable systems, and compromised endpoints.
Network Access Control facilitates in effectively balancing security and availability of users, contractors, and guests, and addressing supervisory compliance requirements. It acts as a complete solution that features both physical and virtual appliances and enables a fine-grained network control and flexibility through policy configuration options of network access control.
The market is expected to gain prominence in the North America. NAC is foreseen as a highly lucrative and several players have emphasized on investing in the solutions. This has escalated its growth prospects in the regional market.
Resolving network security challenges by providing comprehensive software and hardware solutions to customers has bolstered the growth in the region. It offers identity-driven LAN security solutions and provides wide-ranging functionality.
Asia Pacific is anticipated to surface as a profitable region for the industry. High adoption of mobile, social, and cloud technologies has contributed significantly to the growth in the region.
Key industry participants include Aruba Networks, Bradford Networks, Check Point Software Technologies, Cisco, Forescout, Juniper Networks, Portnox, Pulse Secure, StillSecure, Sophos, and Trustwave. Vendors are progressively focusing on incorporating additional functionality and clearing the loopholes in the adoption of Network Access Control solutions.
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