-NAC's ability to meet security needs in a dynamic network and business environment is revitalizing the market
MOUNTAIN VIEW, Calif., June 13, 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.
If you are interested in more information on this research, please send an e-mail to Mireya Espinoza, Corporate Communications, at mireya.espinoza@frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.
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," saidFrost & 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:
All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
Analysis of the Global Network Access Control Market
NC91-74
Contact:
Mireya Espinoza
Corporate Communications – North America
P: 210. 247.3870
F: 210.348.1003
E: mireya.espinoza@frost.com
