Network Access Control Market Growth Report, Size & Forecast-2030

The network access control market is anticipated to grow from US$ 2.78 billion in 2022 to US$ 16.64 billion by 2030; it is projected to grow at a CAGR of 25.1% from 2022 to 2030. 

Analyst Perspective:

The network access control market has witnessed significant growth over the past few years, positively impacted by the surging hybrid work culture and a growing distributed workforce across different verticals. Network access control offers several advantages that enhance network security and management. Firstly, it enforces strict access policies, ensuring that only permitted devices and users can connect to the network and thus enhances network security. Secondly, it assesses the security posture of the connecting devices, verifying factors such as up-to-date antivirus software, operating systems (OS) patches, and firewall settings. It helps to protect against vulnerable or compromised devices. Thirdly, network access control facilitates secure guest access by isolating guest devices from the internal network, limiting their access and potential threats while offering internet connectivity. Network access control also enforces security policies dynamically, quarantines or restricts non-conforming devices, detects unusual network behavior, provides deep insights into network activity, and can integrate with other varied security solutions such as intrusion detection systems (IDS). Additionally, it aids enterprises in meeting regulatory requirements by providing audit trails, reporting, and documentation of network access and security measures.

Market Overview:

Network access control is a security measure developed to regulate and secure access to a computer network. It guarantees that only authorized users and devices can connect to the network, reducing the risk of unauthorized access, data breaches, and malware infiltration. Network access control typically consists of a combination of hardware, software, and policies.

First, it identifies and authenticates users and devices seeking access. This can involve username and password verification, multi-factor authentication, or device certificates. Next, it evaluates the security posture of the connecting device, checking for antivirus software, updated OS, and other security requirements. If a device meets the predetermined criteria, it is granted access. Otherwise, it may be quarantined, restricted to a limited network segment, or denied access altogether. Network access control not only enhances network security but also aids in compliance with regulatory requirements and safeguards against potential threats by enforcing security policies at the network entry points.

Strategic Insights

Market Driver:

Surging Usage of Internet-of-Things (IoT) Devices to Drive Growth of the Network Access Control Market

The ascent of business process automation, cloud computing, artificial intelligence (AI), smart consumer devices, and the Internet of Things (IoT) has led to the development of smart workplaces. The adoption of advanced technologies is leading to unprecedented competition rise across different verticals. Companies are attempting to find solutions that support them to achieve high operational efficiency at lower costs. The proliferation of IoT devices has witnessed remarkable growth in recent years, reshaping the landscape of technology, connectivity, and data-driven decision-making. The relentless advancement of technology has played a pivotal role in fostering the growth of IoT devices. Miniaturization, coupled with increasing computational power, has led to the development of smaller, more efficient sensors and devices. These technological advancements have made it feasible to embed IoT capabilities into an array of objects, from household appliances to industrial machinery.

Additionally, the cost of IoT hardware has witnessed a steady decline over the past decade. This cost reduction is partly due to leverage provided by economies of scale. Such price decline has reduced barriers to technology adoption, and smaller and mid-sized businesses have proactively integrated IoT solutions into their daily operations.

Furthermore, IoT devices have found applications in diverse sectors. For instance, the healthcare sector utilizes these devices for remote patient monitoring while manufacturing processes are being optimized through industrial IoT (IIoT). Such advantages and trends are strongly boosting the demand for the network access control market globally.

Segmental Analysis:

The network access control market is segmented on the basis of component, organization size, and vertical. Based on component, the network access control market is segmented into hardware, software, and services. By organization size, the network access control market is bifurcated into SMEs and large enterprises. Based on vertical, the network access control market is segregated into academic & public institutions, BFSI, healthcare, IT & telecom, manufacturing, retail & e-commerce, and others.

The large enterprises segment acquired the largest market share in 2022 and is expected to continue its domination throughout the forecast period. However, the SME segment is anticipated to witness a faster growth rate, buoyed by the rise in digital transformation and wide adoption of network access control solutions among such companies. Additionally, several network access control market players are tailoring their products to serve the SMEs specifically. It is leading to better acceptance of these solutions amongst SMEs, boosting the segment's growth rate.

Regional Analysis:

North America holds a substantial share of the network access control market. The region has a high penetration of IoT devices and a higher acceptance of advanced technology. Additionally, the region is a pioneer in the development and deployment of such technologies. Countries such as the US and Canada have been witnessing a significant rise in digital transformation amongst enterprises across various verticals. In the present era of connected workplaces, the influx of digital electronics, such as tablets, smartphones, and wearables, is expanding at an unprecedented rate across all key verticals, such as IT & telecom, BFSI, e-commerce, and healthcare. In addition, the growing number of IoT use cases in workplaces across different verticals is further driving the adoption of IoT-connected devices in enterprises. Moreover, rising dependence on advanced technology, growing need for information and asset security, and growing spending by SMEs on enterprise cybersecurity are key factors promoting enterprises to invest heavily in data security. VMware's "Global Security Insights Report" states that most businesses in Canada suffered cyberattacks in 2020 as many employees were working from home.

Similarly, according to VMware's analysis, 86% of firms in the country experienced a breach in 2020, 78% reported increased attack volumes, and 79% reported that assaults had become sophisticated. Hence, many security administrators are enhancing their cybersecurity policies to combat advanced cyberattacks. Thus, the increasing cyberattacks and rising awareness toward network security are anticipated to fuel the network access security market growth during the forecast period.

Network Access Control Market Key Player Analysis:

The network access control market landscape consists of players such as Broadcom Inc, Cisco Systems Inc, Checkpoint Software Technology, Forcepoint LLC, Fortinet Inc, Huawei Technologies, IBM Corporation, SAP SE, Sophos Group plc, and VMware Inc. The market is fragmented, with several solution providers from the North American region dominating the network access control market.

Network Access Control Market Recent Developments: 

Companies in the network access control market adopt several inorganic and organic strategies, such as product innovation and partnership. Broadcom Inc., Cisco Systems Inc., Checkpoint Software Technology, Forcepoint LLC, and IBM Corporation are key players in the network access control market. With the strong growth in demand for network access control, numerous companies have developed cutting-edge solutions to expand their offerings and improve network access control market share. A few recent key network access control market developments are listed below: 

• October 2023 - IDEMIA announced the development of a secure, standards-based converged access card for the network access control market in collaboration with HYPR and Wavelynx. The smart credential is expected to aid organizations in complying with regulatory requirements and enforce security best practices. The converged access card serves as one badge for both physical and network access based on open and interoperable standards, using secure phishing-resistant technologies for authentication of the credentials. The card has a FIPS-certified PIV applet, a FIDO Certified passkey with MIFARE DESFire support to interface with next-gen access control readers based on the LEAF protocol, and a Prox interface to support legacy access control readers.
• July 2023 - Cato Networks launched Zero Trust Network Access (ZTNA) Secure Access Service Edge (SASE) to defend against insider threats. Internal risks come from insiders within the organization who intentionally or unintentionally leak data, download malicious files, or take other actions that put their organizations at risk. The new capabilities from Cato include an approach the company is calling RBAC+ that extends role-based access control (RBAC).
• April 2023 – Cisco launched the Cisco XDR service, an extended detection and response SaaS package. The service is expected to collect threat data from ~200 million enterprise endpoint customers and also from third-party security gear to quickly detect and remediate threats. The offering gathers six telemetry sources that Security Operations Center (SOC) operators view as critical for an XDR solution: DNS, email, endpoint, firewall, identity, and network.
• March 2023 - Johnson Controls launched the intelligent DCM200 door control module and further reinforced its CEM Systems range of access control solutions. The DCM200 is a two-door controller devised to be substantially secure and to directly pair with CEM System’s AC2000 access control software versions (10.2 or higher). It is capable of supporting a combination of up to four Wiegand or CEM Systems-approved Open Supervised Device Protocol [OSDP v2 (a control system protocol standard developed by the Security Industry Association for secure access to peripheral devices)] smart card readers. It provides bi-directional communications for connecting OSDPv2-compliant readers to DCM200 control panels, supported by secure AES 128 encryption, and eliminates the threat of Wiegand signal cloning through inherent advanced security features.

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REGIONAL FRAMEWORK MARKET PLAYERS

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