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CAMPBELL, California, December 17, 2008—After double-digit quarterly growth since early 2006, the network access control (NAC) enforcement appliance market is slowing its pace, posting 9% growth in 3Q08 over 2Q08 to hit $76.4 million, according to a new report from market research firm Infonetics Research.
The biannual report, NAC Enforcement Appliances, indicates that while much of the security market has been insulated from the current economic turmoil thus far (and may remain insulated), the NAC market will be directly affected, mostly due to the hard-hit financial services market. As a result, Infonetics has adjusted its NAC forecasts, and now expects the worldwide NAC enforcement appliance market to hit $534 million in 2011.
“The government, healthcare, and education sectors have been solid early adopters of NAC technology, and vendors tell us these verticals have not curbed their NAC purchases or plans due to the economic slowdown. Many NAC vendors found early success selling into the heavily regulated financial services market as well, which has all but imploded, of course, which will have a significant impact on the NAC market. The retail sector is being hit hard, too, forcing many retailers to postpone NAC investments. This effect will be temporary, though, as many financial firms invest in NAC for compliance purposes and will need to continue investing once their larger business issues are sorted out,” said Jeff Wilson, principal analyst for network security at Infonetics Research.
Other report highlights:
- In-line NAC appliance revenue is up 14% in 3Q08 over 2Q08
- Ethernet switch-based NAC products make up a small but fast growing portion of the market
- North America accounts for over half of all NAC enforcement appliance revenue in 3Q08
- The primary drivers for security spending, which will sustain the NAC market through the economic downturn, include regulation and compliance, security investment as a cost-saving measure, service provider spending on security, and the explosive growth in the number, variety, and volume of security threats
Infonetics’ report provides worldwide and regional market size and forecasts through 2011 for revenue and unit shipments of out-of-band, in-line, and Ethernet switch NAC enforcement appliances in North America, Europe/Middle East/Africa (EMEA), Asia Pacific, Central and Latin America (CALA), and worldwide. The report includes top player analysis, market drivers, technology roadmaps, and more.
Download report highlights from our online portal by logging in above (See Network Security). For sales, contact Larry Howard, vice president, at larry@infonetics.com or +1 (408) 583-3335.
Infonetics Research (www.infonetics.com) is an international market research and consulting firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients plan, strategize, and compete more effectively.
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