Network Access Control Market is projected to expand at a 20.98% CAGR, attaining USD 11.358 billion by 2030 from USD 4.382 billion in 2025.
Network access control refers to the utilization of a system of procedures, applications, and instructions to administer and control access permissions to a computer network. The network access control solutions were predominantly consumed by large enterprises initially however, their consumption across small and medium-sized enterprises has gradually expanded over the last decade. The use of network access control solutions prevents the entry of unauthorized devices into a network and enforces network security measures. The network access control policies and methods implemented by consuming companies enable them to authenticate their users and improve network visibility. Therefore, the expansion of network-based technology and the increasing rates of digitalization across several industries can be anticipated to significantly grow the network access control market over the forecast period.
The rise in hacking and other cyber threat incidents is stimulating the demand for network access control solutions and other cybersecurity features. The unauthorized access to corporate and defined network establishments has the probability of resulting in data breaches which could have legal implications and monetary penalties due to consumer confidentiality violations to companies. For instance, Zoetop Business Company was demanded to pay US$1.9 million in October 2022, by the New York State Government due to its failure to disclose a hacking incident related to its Shein brand which breached the data of 39 million customers. In addition, BidenCash, an ill-reputed carding marketplace released the details of 1.2 million credit cards free of cost in October 2022. Therefore, the expansion of virtual networks is accompanied by increasing cyber threats to companies and organizations. The leak in customers’ data could be inappropriately used by hackers and therefore, the companies should implement a strong integration of network access control solutions and other cybersecurity tools like firewalls to prevent such incidents. Hence, the rising rates of cybercrime and cyber threats are promoting the consumption of different security and management tools including network access control services.
The demand for transparency of business operations and the widespread reach of virtual presence is leading to the digitalization of all industries including private and public sectors. Further, the adoption of hybrid and remote working models is expanding the operation network of companies. The adoption of network access control solutions assists in providing varying levels of network access depending on the designation of the employee. The application of an efficient network access control system establishes checkpoints at critical areas to enhance security and manage the access control of networks. This could help in the efficient division of workload and enhances the workplace hierarchy in computer-based networks. For instance, Accenture Security provides an integrated role-based network access solution called ForgeRock Autonomous Identity by collaborating with ForgeRock to provide companies with the allocation of an appropriate amount of entitlements and access to different employees. The company further reported that companies in the banking, financial services, and energy sectors are the leading consumers of this product. Hence, the enlargement of business operations and networks in the virtual space is expected to drive the demand for the network access control market over the forecast period.
The increase in the workforce in networks due to the employment of freelancers and the involvement of other third parties creates difficulty and complications in the working of network access control solutions. The frequent entry and exit of external stakeholders such as freelancing employees and consultants require constant administration of access permissions and has the probability of resulting in an overload of network access control solutions. The Harvard Business School established that approximately 60% of entrepreneurs prefer employing on-demand and freelancing employees to reduce their core workforce. In addition, the adoption of BYOD policies by companies that permit employees to utilize their personal devices would result in the constant generation of working policies for different user gadgets. Therefore, the complications associated with the changes in the corporate workforce could result in an inefficient network access control system which restrains the growth of the network access control market.
North America holds a prominent share of the network access control market and is expected to grow in the forecast period.
The abundance of IT infrastructure and the constant evolution in network and computer technology driven by the presence of leading technology companies such as Google, Amazon, and IBM provides a market opportunity for the growth of the network access control market in North America. In addition, the increasing adoption of cloud-based services across companies in different sectors of North American countries promote the installation and application of network access control and management software applications to ensure the smooth functioning of virtual operations and network in the US. Hence, the network access control market in North America is anticipated to significantly expand over the forecast period.
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