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Network Access Control Market Anticipated To Register A Positive CAGR Of 22% In The Forecast Period 2022-2032

Fact.MR expects the global network access control market to reach US$ 15.37 Bn by the end of the 2022-2032 forecast period, registering a value CAGR of over 22%. Extensive reliance on virtual platforms by key industry verticals and the resultant vulnerability to cybersecurity threats has heightened uptake in recent years.

From 2017 to 2021, the network access control industry registered stellar uptake, registering a CAGR worth 19%. Prospects further heightened during the COVID-19 pandemic, as entities looking to leverage personal and corporate data for malicious purposes spawned tremendously. This was an outcome of increased amounts of time spent on the virtual landscape, in the wake of stringent lockdowns.

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Key Market Segments in Network Access Control Industry Research

Competitive Landscape

The competitive landscape of the network access control market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies.

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