North America Network Access Control Market size exceeded USD 1 billion in 2021 and is expected to witness 35% CAGR from 2022 to 2028.
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The market growth is attributed to the rising adoption of IoT devices by enterprises across various industries including healthcare, utilities, manufacturing, and other verticals. IoT devices transmit industrial data that results in complexities and affects network infrastructure management. NAC solutions help enterprises in ensuring scalable protection against compromised IoT devices and secure remote access.
The services segment accounted for 20% market share in 2021. NAC services include consultation, integration & maintenance, and managed services. NAC service providers manage the installation and functional testing of hardware & software solutions to ensure comprehensive integration across all the required network components.
The cloud deployment model segment is estimated to grow at a rapid pace during the forecast period, due to its rising popularity. The cloud deployment model provides cost benefits by reducing additional component integrations. Major companies in the market are focusing on launching cloud-based network access control solutions to develop networks.
The U.S. network access control market revenue will surpass USD 8 billion by 2028, attributed to the increasing adoption of trending technologies, such as cloud, IoT, mobility, and Unified Communication (UC), across enterprises in the U.S. is fueling the need for security solutions to protect data and operational disruptions in enterprises.
Growing SMEs across multiple industry verticals are projected to drive the market growth. SMEs are focused on using cost-effective solutions and limited capital expenditure. SMEs are deprived of dedicated IT teams to monitor their infrastructures and functional processes owing to which there is an increasing demand for cloud-based NAC solutions.
Growing data breaches in healthcare organizations are expected to support the adoption of NAC solutions & services. NAC solutions help healthcare organizations with real-time reporting capabilities. The solutions protect patient data by preventing unauthorized users, vulnerable systems, and compromised endpoints with proactive measures.
Some of the leading companies operating in the North America network access control industry are Auconet, Inc., Cisco Systems, Inc., CommScope, Inc., CyberCyte, Extreme Networks, Forescout Technologies, Inc., Hewlett Packard Enterprise, InfoExpress, Inc., Juniper Networks, Inc., Pulse Secure, SolarWinds Worldwide, LLC, and Trustwave Holdings, Inc.
Major companies are focusing on upgrading their network security capabilities. For instance, in April 2022, Fortinet upgraded its core FortiOS 7.2 software that has 300 new features such as AI support to stop threats related to the network, improved SD-WAN, edge orchestration, and sandboxing to stop ransomware threats. This upgrade will help the company in enhancing its network security capabilities.