Customers are migrating to the cloud at a very rapid pace and demanding more from the Network Access Control market. Such is the conclusion of a recent study made by Frost and Sullivan.
The estimations are that the sector will see a rise from USD 1.35 billion in 2019 to USD 2.21 in 2024. This accounts for a no less than 10.4 percent annual growth rate increase. North America will retain its position as the largest market for NAC solutions for at least until 2024.
The severe economic slowdown the COVID-19 pandemic is causing worldwide is actually expected to also cause a very substantial growth for the NAC market as the organizations are preparing for the new “work from home” reality.
The transition to WFH is not always as smooth as it seems and requires the cooperation between customers and security vendors to ensure business continuity. The pandemic has also emphasized the value of security solutions and the need for their use on remote devices.
A study conducted by Frost & Sullivan also underlines the importance of cloud security innovations and the fact that security vendors should closely cooperate with tech vendors such as Microsoft Azure, AWS and Google Cloud. As enterprises expand their operations beyond their secure premises, network access control solutions are also adapting to an increasingly mobile environment.
The transition to remote work will not be very smooth because of the large diversity of mobile devices, the large cost of NAC solutions and the difficulty of deploying 802.1X – one of the most prominent authentication solutions for large enterprises. Growth opportunities in the sector will see a further boost because of the network vendors’ transition to remote work solutions and will be accomplished in the following ways:
⏤The utilization of SaaS and virtual appliances for ensuring the quick migration of customers to private and public clouds.
⏤The improvement of security tools through NAC incorporation.
⏤The Incorporation of the ZTN (zero trust networking) principle into network solutions so that NAC and other security vendors can demonstrate the capabilities and reliabilities of their portfolio products.
With major work environment shifts taking place, let us know how your company has been adjusting to the new challenges.