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NETWORK ACCESS CONTROL MARKET ANALYSIS

Network Access Control Market, By Offerings (Hardware, Software, and Services), By Deployment Type (On-Premises and Cloud), By End-use Industry (BFSI, Healthcare & Life Sciences, Government, Education, IT & Telecom, and Othes), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Market Challenges: High initial cost

As more employees become mobile and work from various devices both corporate-owned and personal, it is difficult for organizations to maintain visibility and control over all endpoints on their network. Additionally, the rise of cloud applications and infrastructure brings new devices onto networks that need to be secured. Legacy network access control solutions also struggle to keep up with rapid adoption of new technologies and the increasing sophistication of cyber threats.

Market Opportunities: Growing demand from SMEs

The need for security as networks expand provides the potential for continued growth. More employees working remotely due to the pandemic has heightened the need for robust access management. New technologies like zero trust network access open opportunities for vendors to provide innovative solutions. Additionally, migration to the cloud and integration with software-defined perimeter security creates demand for products that ensure only authorized users and devices can access business-critical applications.

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