Network Access Control Market Share, Size and Analysis to 2022

The global NAC market size is expected to reach USD 4.39 billion by 2022, according to a new report by Grand View Research, Inc. Technological proliferation and demand for endpoint intelligence& risk mitigation have led to high demand for NAC solutions. A significant rise in the use of Internet-of-Things (IoT) and Machine to Machine (M2M) networks is expected to trigger growth in the industry. Network Access Control is being perceived as a solution proficient of addressing the dynamic enterprise and regulatory scenario.

The market is anticipated to gain traction in North America as several vendors are keen on investing in the network access control solutions. It is perceived to be a highly lucrative business which leads to several large-scale investments contributing to significant growth in the region.

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Presence of developing countries such as India and China presents several opportunities for growth in the Asia Pacific region. Cloud-based social and mobile technologies are being adopted extensively in the region. Hence, the NAC solutions are expected to gain traction in the Asia Pacific region.

Online frauds, cyber attacks, and malwares can immensely affect organizational functioning; hence, web-based businesses are widely implementing security solutions to manage network security risks to ensure business continuity.

Governmental organizations and agencies are increasingly adopting Network Access Control solutions to filter unauthorized device connections, networks, and users. Regulatory compliance requirements such as Payment Card Industry Data Security Standard (PCI DSS) and Control Objectives for Information and Related Technology (COBIT) are driving market growth.

The ever-increasing demand for secure network infrastructure is anticipated to drive the need for effective NAC solutions to provide real-time network security. Web-based businesses are...