The network access control market has garnered a market value of US$ 2.1 Bn in 2022, anticipated to register a positive CAGR of 22% in the forecast period 2022-2032 and reach a value of US$ 15.37 Bn.
The network access control market experienced excellent adoption from 2017 to 2021, recording a CAGR of 19%. The situation has gotten better throughout the COVID-19 pandemic as businesses have become more interested in using customer and corporate data for illicit purposes. This came about as a result of people spending more time online after strict lockdowns.
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Demand Analysis of Network Access Control
Network access control (NAC) is a technology that helps organizations protect their networks from unauthorized access. It is used to ensure that only authorized users and devices are allowed to access the network. NAC can be used to enforce security policies, detect and prevent malicious activity, and monitor user activity. Demand for NAC solutions is driven by the need to protect networks from cyber threats. As the number of cyber threats increases, organizations are increasingly turning to NAC solutions to protect their networks. Additionally, organizations are looking for ways to reduce costs associated with managing and securing their networks. NAC solutions can help organizations reduce costs by automating security processes and reducing manual labor. Organizations are also increasingly turning to NAC solutions as a way to comply with industry regulations and standards. Many industries have specific requirements for network security, and NAC solutions can help organizations meet these requirements. Finally, organizations are looking for ways to improve user experience on their networks, and NAC solutions can help them do this by providing better access control and monitoring user activity. Overall, demand for NAC solutions is expected to continue growing as organizations look for ways to protect their networks from cyber threats and comply with industry regulations.
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According to a recent study by Fact.MR, the global market for network access control is expected to expand exponentially between 2022 and 2032.
The study outlines the key trends that will affect the future of the global network access control market.
This recent report from Fact.MR highlights the key market dynamics that are anticipated to have a significant impact on the growth of the global network access control market up to 2032.
The Global Network Access Control Report is a comprehensive study that identifies major obstacles, factors influencing revenue growth, general trends, and significant opportunities that will ultimately affect the market for network access control.
Key Market Segments in the Network Access Control Industry Research
component type
- Network access control hardware
- network access control software
- Network Access Control Services
deployment type
- Local network access control
- Cloud-based network access control
purchase type
- Network access control for large companies
- Network access control for small and medium-sized businesses
Vertical
- Network access control for banking and financial services
- Network access control for healthcare and life sciences
- Network access control for government
- Network access control for education
- Network access control for IT and telecom
- Network access control for other industries
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