ResearchMoz added Latest Research Report titled " Global Network Access Control market 2016-2020: World Market Research, Analysis, Shares, Size, Trends, Growth, Survey, Forecast " to it's Large Report database.
Albany, NY -- (SBWIRE) -- 12/21/2015 -- The global network access control (NAC) market to grow profoundly at a CAGR of nearly 32% by 2020. The recent rise in malware attacks on enterprise networks has forced companies to invest in NAC solutions to ensure authorized access to data. Moreover, a number of operating systems, such as iOS, Android, and Windows, have also improved their compatibility with NAC as it helps to ensure the security of the end users data. This growing adoption of the data protection solutions will result in this markets strong growth during the forecast period.
Geographically, it is anticipated that the Americas will experience the highest adoption of NAC solutions during the forecast period. The augmented focus on web-based businesses in the BFSI, healthcare, and e-commerce sectors will lead to the steady growth of the NAC market in the Americas. Also, the growing adoption of Internet-of-Things (IoT) and M2M networks will result in this regions impressive market share of more than 55% by 2020.
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Product-based segmentation of the NAC market
Technavio market research analysts have estimated the hardware segment to account for more than 69% of the total market share by 2020. The rising demand for NAC hardware in developing regions such as Latin America and APAC will help in the growth of this market segment during the forecast period.
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The global network access control market is highly fragmented because of the presence of numerous small and large suppliers. The providers in this market compete on the basis of price, quality, innovation, service, reputation, distribution, and promotion to gain a competitive edge over their peers. The level of competition in this market has increased the number of mergers and acquisitions, wherein smaller entities are being acquired by or are being merged with, major players.
Leading vendors in the market are -
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