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Network-Attached Storage Market Report- Forecast 2023

Network-Attached Storage Market Report-Forecast 2023

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Network-Attached Storage Market Report- Forecast 2023

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Network-Attached Storage Market Report- Forecast 2023

Summary The Network Attached Storage (NAS) device is a storage device which when connected to a network allows storage and retrieval of data from a centralized database. The global network-attached storage (NAS) market is anticipated to grow at a CAGR of 20.2 % during the forecast period of 2017 and 2023. Market Dynamics: Drivers The drivers of the market are growing capacity and capabilities of storage devices such as storage volume, higher readability, robustness and data stability, greater reliability, speed, and resiliency. The growing need for backup and explosive expanse in data volume generation, growing menace of virus, shortened life cycle of software creating large backup needs, growing volume of larger file types such as media files, creating demand for streaming, rising demands for syncing, growing adoption of connected devices, and growing usage of internet are the prime drivers of the market. Government regulation for business to store and maintain a backup of data, benefits of centralization of data such as easy management, shared storage, centralized control, growing heterogeneity of usage, cost-effective solutions for data storage and increase in adoption of network attached storage systems by small and medium enterprises are other drivers of the market.

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Network-Attached Storage Market Report- Forecast 2023

Major Key Players: The key players in the Network-Attached Storage (NAS) Market are NETGEAR, Inc. (US), Hewlett-Packard Enterprise Company (US), Buffalo Americas (US), Seagate Technology PLC. (US), Western Digital Corporation (US), QNAP Systems, Inc. (Taiwan) Dell EMC (US), Hitachi Data Systems Corporation (US), Synology, Inc. (Taiwan), and NetApp, Inc. (US) and others.

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Network-Attached Storage Market Report- Forecast 2023

Segmentation: To generate a more detailed understanding of the global network-attached storage (NAS) system market the report has been segmented by types, storage solution, deployment type, end -users and region. Based on the types, the market has been sub segmented by small medium businesslevel NAS, consumer level NAS, enterprise NAS storage, others Based on the storage solution, the market has been sub segmented by scale-up, scaleout, others Based on the deployment type, the market has been sub segmented by on-premise, remote, hybrid, others Based on the end-user, the market has been sub segmented by government, entertainment, telecommunication and it, education & research, healthcare, energy, BFSI, consumer goods and retail, media & manufacturing, others Based on the regions, the market has been sub segmented by North America, Europe, Asia Pacific, rest of the World

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Network-Attached Storage Market Report- Forecast 2023

Regional Analysis: North America, dominates market for the global network-attached storage (NAS) market owing to large demand, presence of larger players, large information technology center and others. The small and medium enterprises segment is anticipated to be the fastest growing segment in the North America market. Europe accounts for the second largest market with Germany, France and the U.K. Generating most of the growth. However the market is expected to shift to Asia Pacific region led by China, Japan and India. However for the forecast period, small and medium enterprises segment is anticipated to account for more than 60% of the Asia Pacific consumer network attached storage market. Middle East and Africa region is expected to reflect moderate growth owing to poor economic conditions.

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Network-Attached Storage Market Report- Forecast 2023

(Germany) are focusing on the digital utilities transformation. P a g e |7

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Network attached storage 3  

Network-Attached Storage (NAS) Market, By Types (Enterprise NAS storage, Small medium business-level NAS, Consumer Level NAS), By Storage So...

Network attached storage 3  

Network-Attached Storage (NAS) Market, By Types (Enterprise NAS storage, Small medium business-level NAS, Consumer Level NAS), By Storage So...

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