-NAC's ability to meet security needs in a dynamic network and business environment is revitalizing the market
MOUNTAIN VIEW, California, June 12, 2013 /PRNewswire/ -- Network access control (NAC) solutions – previously considered too complex, incomplete or inflexible – have evolved into a powerful and valuable security tool for enterprises globally. With its ability to address the security challenges stemming from rapidly changing network technologies and business practices, NAC installations will quickly gather pace. Financial organizations and federal government agencies will be chief adopters.
New analysis from Frost & Sullivan (http://www.networksecurity.frost.com), Analysis of the Global Network Access Control Market, finds that the NAC market earned revenues of $235.5 million in 2012 and estimates this to reach $670.7 million in 2017.
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Enterprise policies such as the bring-your-own-device (BYOD), which allows employees to use personal smartphones, laptops and tablets on the corporate network, have heightened network security concerns. NAC solutions offer comprehensive visibility and control over all devices connected to the network, whether physical, virtual, cloud-based, wired, wireless or remote.
"Apart from resolving the immediate BYOD challenge, NAC provides comprehensive network management and policy enforcement capabilities that ensure the security of next-generation technology and business practices," said Frost & Sullivan Network Security Industry Analyst Chris Rodriguez. "The availability of advanced NAC solutions that can integrate with other technologies, such as intrusion prevention systems, next-generation firewalls, and security information event management tools, will add to market demand."
Since NAC vendors have invested heavily to address problems like product complexity and unmet endpoint requirements found in earlier versions, current products are ultra-scalable, flexible, easy-to-deploy, and offer excellent integration and support. While these features have given a boost to market revenues, lingering misconceptions that the technology retains previous limitations can rein in potential.
NAC providers must educate customers and partners on the value of next-generation systems to widen market scope. Creating a broad NAC value proposition will be a crucial differentiating factor for solution providers, mainly among midsize end-users.
"The next generation of NAC solutions will be expected to optimize and automate essential IT and security processes, including IT governance, risk management, compliance requirements, and guest management," asserted Rodriguez. "To gain market share, solution vendors must design and implement market strategies, product roadmaps, and acquisition plans immediately."
The NAC technology resurgence will invariably cause several large competitors to enter the market. These firms face high entry barriers and may need to scout for partnerships and acquisitions to be successful.
Analysis of the Global Network Access Control Market is part of the Network Security Technologies Growth Partnership Service program. Frost & Sullivan's related research services include:
- Analysis of the Global Intrusion Prevention System (IPS) Market
- Analysis of the Global Unified Threat Management (UTM) Market
- Analysis of the Global Mobile Endpoint Security Market
- Analysis of the Global Enterprise Firewall Market
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Analysis of the Global Network Access Control Market
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