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North American Network Access Control Market revenue to reach $10 Bn by 2028
Published Date: 2022-07-18
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North American Network Access Control Market size is predicted to cross USD 10 billion by 2028, according to a latest forecast report by Graphical Research.
The market growth is attributed to the rising government focus on enhancing & improving the security infrastructure. Government regulations & standards are proactively monitoring network infrastructures across geographies. For instance, in September 2020, the U.S. National Security Agency established a Center for Cybersecurity Standards. Through this facility, the agency is focused on improving the national security infrastructure and the security framework.
The North America network access control market from managed services segment will grow at 40% CAGR through 2028. These services are provided over the cloud infrastructure by software vendors. They eliminate the requirement of deploying additional software components and reduce operational expenditure. As the services are provided either as Software-as-a-Service (SaaS) or Platform-as-a-Service (PaaS), they reduce the responsibility to manage & maintain operational efficiency.
The on-premise deployment model segment will surpass USD 6.5 billion by 2028. The model consists of deployment over an in-house enterprise network or system infrastructure and provides enterprises more control over network monitoring compared to the cloud. On-premise network monitoring software helps the IT staff to personally configure solutions to meet their exact needs and monitor in real-time.
The rising trend of digital transformation across large enterprises is driving market growth. The growing demand for NAC in large organizations is due to distinctive enterprise demands, concerning the number of employees and providing access to contractors, visitors & third-party suppliers. NAC solutions & services also help IT teams in large enterprises to keep a close eye on the overall infrastructure and make changes as needed to meet business needs.
Browse detailed statistical insights from the report, “North America Network Access Control (NAC) Market Forecast 2028 By Deployment Model (On-premise, Cloud), By Component (Software, Hardware, Services [Consulting, Integration and Maintenance, Managed Service]), By Organization Size (SMEs, Large Enterprises), By Application (IT & Telecom, BFSI, Healthcare, Retail, Manufacturing, Government, Education), Research Report, Country Outlook (U.S, Canada), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
Government institutions require a reliable and secure network to achieve their missions. NAC assists governments to achieve greater network visibility and provide wide coverage for deploying mission-crucial applications. NAC prevents the spread of malware and other threats from inside of a network, which can harm the infrastructure.
Canada network access control market will generate a revenue of over USD 2 billion by 2028. During the COVID-19 pandemic, the Canadian government & organizations witnessed a rapid rise in cyberattacks and investment scams, creating a need for security solutions in Canada. To overcome this issue, the Canadian government is investing heavily to support cyber security. For instance, in May 2021, the Canadian government invested USD 80 million in R&D under the Cyber Security Network Program due to increasing cyber-attacks in the Canadian region.
The North American network access control market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2017 to 2028 for the following segments:
North America Market, By Component
- Integration and Maintenance
- Managed Service
North America Market, By Deployment
North America Market, By Organization Size
- Large Enterprise
North America Market, By Application
- IT & Telecom
The above information has been provided for the following countries:
- North America