Global Network Access Control Industry

Global Network Access Control Industry

  • September 2020 •
  • 190 pages •
  • Report ID: 5957491 •
  • Format: PDF
Global Network Access Control Market to Reach US$11.4 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Network Access Control estimated at US$2 Billion in the year 2020, is projected to reach a revised size of US$11.4 Billion by 2027, growing at a CAGR of 28.6% over the period 2020-2027.Software, one of the segments analyzed in the report, is projected to grow at a 31% CAGR to reach US$8.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hardware segment is readjusted to a revised 23.7% CAGR for the next 7-year period. This segment currently accounts for a 36.8% share of the global Network Access Control market.

The U.S. Accounts for Over 30% of Global Market Size in 2020, While China is Forecast to Grow at a 27.6% CAGR for the Period of 2020-2027

The Network Access Control market in the U.S. is estimated at US$588.4 Million in the year 2020. The country currently accounts for a 30.04% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.9 Billion in the year 2027 trailing a CAGR of 27.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 26.1% and 24.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 19.7% CAGR while Rest of European market (as defined in the study) will reach US$1.9 Billion by the year 2027.We bring years of research experience to this 7th edition of our report. The 190-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Auconet, Inc.
  • Avaya, Inc.
  • Bradford Networks
  • Cisco Systems, Inc.
  • Extreme Networks, Inc.
  • ForeScout Technologies, Inc.
  • Hewlett Packard Enterprise Development LP (HPE)
  • Impulse
  • Portnox
  • Pulse Secure LLC