PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401412
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401412
Global Network Access Control Market is valued at approximately USD 2.51 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 27.2% over the forecast period 2023-2030. The Network Access Control encompasses the development, deployment, and management of solutions and technologies that ensure secure and authorized access to network resources. It involves the implementation of policies, protocols, and software tools to authenticate, authorize, and enforce access controls for devices seeking to connect to a network, whether wired or wireless. The network access control solutions aim to protect networks from unauthorized access, enforce compliance with security policies, and safeguard against potential threats and vulnerabilities, enhancing overall network security and reducing the risk of data breaches or unauthorized activities. The Network Access Control Market is being driven by factors such as an increasing number of cyber attacks and an increasing hybrid work culture.
The rising frequency and sophistication of cyberattacks have highlighted the need for robust security measures, including network access control. Organizations are actively seeking solutions to protect their networks from unauthorized access, malware, data breaches, and other cyber threats. According to IDTheft Center, ITRC annual data breach report 2022, Cyberattacks cases recorded in 2020 were 878 and increased to 1613 in year 2021. Thus, the rise in cyberattack cases fuels the growth of the market. In addition, increasing adoption of zero trust security and integration with Identity and Access Management (IAM) creates lucrative opportunities for the market. However, the high cost of implementation and maintenance hinders the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Network Access Control Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. According to the growing demand for network security solutions among key end-use industries like healthcare, government, education, IT and telecom, and BFSI, North America dominated the market in 2022. Due to the rapid adoption of cutting-edge technologies like IoT in a variety of end-use industries like IT and telecom, BFSI, healthcare, manufacturing, retail, and others, as well as the growing security compliances and regulatory policies to protect customer data in the BFSI and IT sectors, Asia Pacific is regarded as the region with the fastest growth over the forecasted period.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
List of tables and figures are dummy in nature, final lists may vary in the final deliverable