Network Access Control Market (NAC) to See 31.17% CAGR to 2020
PUNE, India, March 21, 2016 /PRNewswire/ --
The Network Access Control (NAC) market is expected to grow from USD 681.3 million in 2015 to USD 2,645.5 million by 2020, at a high Compound Annual Growth Rate (CAGR) of 31.17%. Secured operations and business automation is driving the Network Access Control (NAC) market. The market in Asia-Pacific (APAC) is expected to witness the highest market growth.
Complete report on global network access control (NAC) market spread across 180 pages, profiling 10 companies and supported with 182 tables and 53 figures is now available at http://www.reportsnreports.com/reports/511444-network-access-control-market-by-product-type-software-and-hardware-services-consulting-installation-and-maintenance-and-support-user-type-deployment-type-vertical-and-region-global-forecast-to-2020.html .
The Network Access Control (NAC) market is projected to be USD 2.65 billion by 2020 and grow at a high Compound Annual Growth Rate (CAGR) of 31.17% during 2015-2020. NAC can profitably reduce cost as it automates business operations by providing a complete visibility of all the devices connecting to the network. Also, the increasing Bring Your Own Device (BYOD) trend, without any security solution, poses a huge security threat and also increases the workload of IT administrations to support the growing number of devices connecting to the network. NAC's ability to address security threats protects business processes and also acts as one of the drivers of this market.
The market in APAC is in the growth phase and is the fastest growing region for the global Network Access Control (NAC) market. This is mainly attributed to the growing focus of the market players to address the demands of highly secured network solutions in the region. On the other hand, Middle East and Africa (MEA) is aiming toward the growth phase and Latin America as well shows great prospects in this space.
Prominent vendors in the Network Access Control (NAC) market space include Cisco Systems, Fore Scout Technologies, Extreme Networks, HPE, Bradford Networks, and Avaya, among various others. With the rapid development of new technologies, new vendors are emerging in the market, especially in the area of next-generation Network Access Control (NAC) solutions. This latest trend is gaining significant traction and is seen growing progressively. Order a copy of Network Access Control Market by Product Type (Software and Hardware), Services (Consulting, Installation, and Maintenance and Support), User Type, Deployment Type, Vertical, and Region - Global Forecast to 2020 research report at http://www.reportsnreports.com/purchase.aspx?name=511444 .
From an insight perspective, this research report focuses on various levels of analysis-industry analysis, analysis of top players, their offered products and services, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the Network Access Control (NAC) market, high-growth regions, drivers, restraints, and opportunities.
On a related note, another research on Network Analytics Market Global Forecast to 2020 says, the network analytics market size is estimated to grow USD 768.2 million in 2015 to USD 2.32 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 24.7% from 2015 to 2020. The network analytics market is driven by factors, such as the need to have customer data enrichment for better understand their needs, automation and virtualization, and quality of experience (QOE) maintenance. Network intelligence solutions expected to show growth positive trends during the forecast period. Companies like Accenture Plc., Alcatel-Lucent, Bradford Networks, Brocade Communication Systems, Cisco Systems, IBM Corporation, Juniper Networks, SAS Institute, Tibco Software and Sandvine Inc. have been profiled in this 131 pages research report available at http://www.reportsnreports.com/reports/268231-network-analytics-market-on-premise-on-demand-by-applications-mobile-voip-and-fixed-line-unified-communications-by-end-users-cloud-service-providers-telecommunications-enterprises-global-advancements-forecast-analysis-2013-2018-.html .
Explore more reports on IT & Telecommunication market at http://www.reportsnreports.com/market-research/information-technology/.
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