Network attached storage market is anticipated to grow at a significant CAGR during the forecast period. Network Attached Storage ( NAS) provides centralised data for heterogeneous clients approved network users and authorised network users. Due to features such as flexibility and scale-out, ease of setup, and low installation and maintenance costs, the global network-attached storage market is predicted to increase significantly throughout the forecast period. Connected devices, such as computers, can be used to conveniently configure the NAS.
The key drivers of the global network-attached storage market are the growing demand for data availability at any time and from any location within a company’s network and on the internet. The demand for NAS technology is being fueled by the growing acceptance of remote and virtual office settings, business continuity planning, and the inescapable requirement to provide remote access to corporate networks to employees.
NAS devices are ideal for keeping the backup of secret data in business operations. Because of these backup targets and files to keep copies of data, the use of this technology is increasing. The capacity of NAS devices to compress data and store a duplicate copy of data will promote NAS device adoption. Data deduplication on the NAS network replaces duplicate files with tags relating to the original file, reducing the number of duplicate entries and improving the efficiency of the searching capabilities.
Small and medium businesses are projected to continue to be in high demand, as NAS devices provide a cost-effective option for these businesses, which are sometimes plagued by challenges such as restricted access to IT and financial resources. The global network-attached storage market is steadily shifting away from small and medium business-focused solutions and toward more advanced large enterprise-focused solutions. SMBs utilise NAS for relevant data storage and sharing applications; large enterprises use NAS for regular data sharing, as well as for specific workgroups, departments, and remote offices.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Design
- By Products
- By End-User
- By Storage Solution
- By Deployment
- By End-User Industry
Competitive Landscape: Dell Technologies Inc., NetApp, Inc., HP, Hitachi, Ltd. and Western Digital Corp.
Network Attached Storage Market by Segments
By Design:
- 1Bay to 8 Bays
- 8 Bays to 12 Bays
- 12 Bays to 20 Bays
- More than 20-bays
By Product:
- Enterprise NAS Solutions
- Midmarket NAS Solutions
By Storage Solution:
- Scale-up NAS
- Scale-out NAS
By Deployment Type:
- On-premises
- Remote
- Hybrid
By End-user Industry:
- Banking, Financial Services, and Insurance (BFSI)
- Consumer goods and retail
- Telecommunications and ITES
- Healthcare
- Energy
- Government
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Network Attached Storage Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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