Global Consumer Network Attached Storage (NAS) Market by End-user (Home, and Business), Design Types (1-bay, 2-bays, 4-bays, 5-bays, 6-bays, and Above 6-bays), and Regions (Asia Pacific, Europe, North America, Middle East & Africa, and Latin America)

The global consumer network attached storage (NAS) market is expected to expand at a substantial CAGR during the forecast period, 2020 – 2026. Network Attached Storage (NAS) are hard disk storage devices which you can connect to any network, and allow multiple computers in a network to share same storage space simultaneously. NAS devices are assigned with an IP address and are accessed by clients (PCs or laptops) via a server that acts as a gateway to data. Network attached storage generally uses multiple disks to store data and provides file level storage and access to data. Globally growing demand for speedy data transfer, cost-effective storage systems, and efficient data backup systems are the drivers for the growth of consumer network attached storage (NAS) market. The deployment of network attached storage in small and medium businesses is expected to drive the Consumer NAS industry. The demand for this industry has increased due to easy installation, and low cost of the product.

Government across the globe are taking initiatives and focusing on digitization of data and this has increased the adoption of NAS architecture across the globe and this trend is expected to continue during the forecast period. IT enterprises are focusing on cloud, big data and artificial intelligence and this is considered to drive the global consumer network attached storage (NAS) market during the forecast period. Large enterprises and SMEs have huge data to be stored and due to this the demand for consumer network attached storage (NAS) market has increased in recent times. The usage of mobile has increased across the globe and the data in it needs to be stored this, in turn will drive the NAS market in coming future. The global consumer network attached storage (NAS) market is segmented into end-user, design types and regions. Get Free Sample Before Purchasing

Market Trends, Drivers, Restraints, and Opportunities:

  • Rise in adoption of cost-effective storage solution due to its benefits such as low cost of ownership and high return on information is estimated to boost the market during the forecast period.
  • NAS reduces overall storage cost as this architecture removes the the potential disk failure and this, in turn will drive the global consumer network attached storage (NAS) market during the forecast period.
  • Lack of security, risk of hacking, and data affected due to viruses are expected to restrain the growth of the consumer network attached storage (NAS) market during the forecast period.
  • Governments across the globe are focusing on digitization of data and this, in turn has increased the demand and adoption of NAS systems and good broadband speed across the globe are considered as an opportunity to boost the market during the forecast period.
  • Countries across the globe are investing in cloud and big data due to rise in demand for automation in analytics and business processes to improve the business and public cloud service providers are investing on network infrastructure to avoid problem such as low average broadband connection speed faced by IT enterprises.

Scope of the Report

The report on the global consumer network attached storage (NAS) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report. Attributes

Details

Base Year

2019

Historic Data

2015–2018

Forecast Period

2020–2026

Regional Scope

Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Global Consumer Network Attached Storage (NAS) Market Segment Insights:

On the basis of end-user, the global consumer network attached storage (NAS) market is bifurcated into home and business. The business segment is anticipated to expand during the forecast period due to increase in utilization of network attached storage systems in multiple enterprises. The home segment is estimated to dominate the market during the forecast period due to rise in mobile users and increase in data speed. Based on design types, the global consumer network attached storage (NAS) market is split into 1-bay, 2-bays, 4-bays, 5-bays, 6-bays, and Above 6-bays.The 4-bays design segment has held the largest share and expected to dominate the market during the forecast period. The other segments are considered to drive and contribute for the growth of the consumer network attached storage (NAS) market during the forecast period. On the basis of regions, the global consumer network attached storage (NAS) market is segmented into Asia Pacific, Europe, North America, Middle East & Africa, and Latin America. Asia Pacific is estimated to expand at a highest CAGR during the forecast period due to major developments in the developing economies across this region. North America is expected to have a positive growth during the forecast period due to hiring of new workforce and investments in services by multiple enterprises in this region.

Competitive Landscape:

The world leading players in the global consumer network attached storage (NAS) market include D-Link Corporation, Seagate Technology Public Limited Company, Synology Inc., Netgear, Inc., Drobo Inc., Western Digital Corporation, QNAP Systems, Inc., NEC Corporation, ASUSTOR Inc., and EMC Corporation.

The global consumer network attached storage (NAS) market has been segmented on the basis of

End-user

  • Home
  • Business

Design Types

  • 1-Bay
  • 2-Bays
  • 4-Bays
  • 5-Bays
  • 6-Bays
  • Above 6 Bays

Regions

  • Asia Pacific
  • Europe
  • North America
  • Middle East & Africa
  • Latin America