Network Access Control Software Market shall reach a value of $17,674,6 Million in 2027, growing with a CAGR of 31.17% during the forecast period of 2020 to 2027.
Network Access Control Software is a solution to security issues and secures network vulnerabilities. Recognition of individual users with their devices and their role in the whole network has driven the demand for the product tremendously. Further, visibility and integration with other security platforms increases network efficiency. Security infrastructure such as next-generation firewall sending notifications of invasion and blocking devices makes the workflow easy going leading to greater adoption of network access control software. The key driving factors of network access control market are increasing malware attacks in enterprise network and raising adoption of data protection solutions, internet, machine-to-machine networks, Bring Your Own Device (BYOD), cloud-based services and web-based applications.
With the onset of digitization automation of data collection and storage, network access control has led to widespread acceptance of the use of the product worldwide. A growing number of new modes of users interface for the elimination of leakage of information through such software to seal vulnerabilities puts the product at an upper level in the security value-chain and is being accepted by most of the corporates worldwide. Additionally, the growing use of network access control in banking, financial services and insurance due to their susceptibility to cybercrimes fuels the demand for network access control software further. The rising number of new devices and new employees and better compatibility with operating systems android and windows is further pushing the demand. Different services like training, installation, integration, professional services, support and maintenance in sectors such as government, IT and telecommunication, manufacturing, healthcare media and entertainment, transportation, retail and education is highly beneficial to the market growth.
However, limited scalability among network access control products is restraining the growth of the network access control market. Further, with the onset of COVID-19, disruption in the availability of skilled workers, logistics and distribution are going to negatively impact the demand-supply gap to a great extent. However, key players operating in the market are investing heavily in research and development activities to bring forth newer advancements in the development of network access control software.
Segmentation Analysis
Network Access Control Software Market Growth and Trends
Data security in a world completely shifting towards remote modes of operation requires very high levels of multi-layered security of data to prevent fraudulent practices and cyber crime across the globe. The functionality of network access control as a solution to combat cyber attacks and data theft to ensure safety from hackers and malware attacks triggers high demand for network access control software for developing safe and secure network infrastructure. The Bring Your Own Device trend is effective in escalating the demand for network access control solutions for its high utility coupled with enhanced ease of deployment and reduced system complexity. Adoption of Internet-of-Things and Machine to Machine on networks a large-scale basis has contributed significantly in maintaining positive industry prospects, capable of addressing the changing enterprise network and regulatory scenario. Improvements in network access control platforms, remediation, technological proliferation, and endpoint visibility along with configuration assessment have bolstered market expansion. Network Access Control software are being included in security platforms to improve the efficiency of perimeter network defenses. Network access control software is extensively used in government sectors, and rising focus on web-based business services in government sectors is expected to drive growth in the forthcoming years, because government agencies have strict security requirements and they use network access control solutions to filter unauthorized networks, users, and device connections. Regulatory compliance requirements and Payment Card Industry Data Security Standard are nudging enterprises to adopt the network access control solutions which enhances the demand for it and ensures steep market growth. Financial institutions, IT enterprises, and other SMB units have heightened endpoint intelligence and risk management efforts, which has consequently fuelled the demand for network access control products therefore leading to market augmentation.
However, lack of scalability among the network access control products is causing hindrance to the market growth.
Network Access Control Software Market Competition
Key companies operating in this industry are Cisco, Google, Micro Focus, Pulse Secure, Coveo Solutions, Hewlett Packard Enterprise Development, Auconet, Extreme Networks, Forescout Technologies, Softonic International, Juniper Networks, Access Layers, Impulse, Netshield and Secure Channels.
Coverage Highlights
• Network Access Control Software Market Revenue Estimation and Forecast (2020 – 2027)
• Production Estimation and Forecast (2020 – 2027)
• Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
• Breakdown of Revenue by Segments (2020 – 2027)
• Breakdown of Production by Segments (2020 – 2027)
• Breakdown of Sales Volume by Segments (2020 – 2027)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
Network Access Control Software Market Segmentation
Product Outlook (Revenue, USD Million, 2020 - 2027)
• On-premise
• Cloud-based
Application Outlook (Revenue, USD Million, 2020 - 2027)
• Individual
• Enterprise
• Others
Country (Revenue, USD Million, 2020 - 2027)
North America
• United States
• Canada
• Mexico
Asia-Pacific
• China
• Japan
• South Korea
• India
• Philippines
• Malaysia
• Australia
• Rest of Asia Pacific
Europe
• Italy
• Spain
• France
• UK
• Germany
• Belgium
• Netherlands
• Switzerland
• Russia
• Rest of Europe
South America
• Brazil
• Peru
• Chile
• Rest of South America
Middle East and Africa
• Iran
• Israel
• Saudi Arabia
• Turkey
• Africa
Network Access Control Software Market Companies
• Cisco
• Google
• Micro Focus
• Pulse Secure
• Coveo Solutions
• Hewlett Packard Enterprise Development
• Auconet
• Extreme Networks
• Forescout Technologies
• Softonic International
• Juniper Networks
• Access Layers
• Impulse
• Netshield
• Secure Channels
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