Global Network Attached Storage Market Report 2022 to 2028
Dublin, Dec. 14, 2022 (GLOBE NEWSWIRE) — The “Network Attached Storage Market by Design (1-8 bays, 8-12 bays, 12-20 bays, more than 20 bays), Product (enterprise, mid-market ), Storage Solution (Scale Up NAS, Scale Out NAS), Deployment Type, End User Industry and Region – Global Forecast to 2028” report was added to ResearchAndMarkets.com’s sacrifice.
The NAS market is expected to grow from USD 25.7 billion in 2022 and is projected to reach USD 51.0 billion by 2028; it is expected to grow at a CAGR of 12.1% from 2022 to 2028.
The market for more than 20 bays segment to grow at a high CAGR during the forecast period.
The more than 20 bay segment of the NAS market is expected to register the highest CAGR during the forecast period. The availability of more bays in the NAS system makes it possible to store more data generated by daily business activities.
The generation of increased data across all industries in the world creates a need for NAS solutions with enhanced storage capacity. NAS solutions with more than 20 bays are customized products offered by NAS vendors to the end-user industries in this market. Large-scale organizations mostly use these solutions that require large data storage, processing and recovery capacity.
With the advent of a large IT industry, technological advancements and initiatives by the governments of developing countries, including India, Malaysia and China, towards the digitization of data and records on a large scale, the demand for these systems will expectation rises during the forecast period.
The larger NAS segment had a high market share in 2021.
The larger NAS segment had a high market share in 2021. The high market share is attributed to the growing adoption of these solutions across educational institutions, homes, mid-sized offices, hotels and retail stores, where a moderate level of data is generated, and the only requirement is to store this data.
A scale-out NAS is a conventional stand-alone type of NAS system with limited storage and memory. The solution offers low-cost advantages compared to the scale-out solution. These features increase its adoption across the NAS market over the forecast timeframe.
Asia Pacific will be the fastest growing region in the NAS market during the forecast period.
Asia Pacific is expected to be the fastest growing region in the NAS market during the forecast period. Rapid urbanization and increased investments in R&D by NAS solution providers in Asia Pacific are contributing significantly to the increasing demand for NAS systems in the region. To remain competitive in increasing operational efficiency, operational outcomes and financial profitability, companies in this region are investing heavily in upgrading their IT capabilities.
Also some major players offering NAS products and services such as Synology, Inc. (Taiwan) and QNAP Systems, Inc. (Taiwan), is headquartered in this region.
The market in this region is expected to grow at a significant rate, mainly driven by the growing economies and increasing number of small and medium scale enterprises along with mandatory regulations regarding digital transformation imposed by the government.
Key topics covered:
2 Research methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive opportunities for players operating in NAS market
4.2 NAS Market, by Design
4.3 NAS Market, by Product
4.4 NAS Market, by Storage Solution and Deployment Type
4.5 NAS Market, by End User Industry
4.6 NAS Market, by Region
4.7 NAS market, by country
5 Market overview
5.2 Market dynamics
184.108.40.206 Increasing data generation with increase in use of mobile computing devices
220.127.116.11 Increasing adoption of Internet of Things (IoT) technologies and connected devices
18.104.22.168 Increasing use of 5G technology
22.214.171.124 Performance related issues associated with network attached storage systems (NAS).
126.96.36.199 Data security concerns
188.8.131.52 Increasing adoption of hybrid cloud storage
184.108.40.206 Increasing requirement for real-time data
220.127.116.11 Lack of proper infrastructure to secure data
18.104.22.168 High-latency issues related to connecting storage devices over the Internet
5.3 Technology Analysis
5.3.1 Adjacent technologies
22.214.171.124 Storage Area Network (SAN)
126.96.36.199 Direct-attached storage (Das)
5.3.2 Developments in Linux and Windows-based NAS solutions
5.4 Value chain analysis
5.5 Ecosystem Analysis
5.6 Trends and disruptions affecting customers’ businesses
5.7 Porter’s Five Forces Analysis
5.8 Average selling price analysis
5.8.1 Average selling price of NAS systems offered by key market players to top three end-user industries
5.9 Case study analyses
5.9.1 Maghub chose Buurst to expand its cloud storage capabilities and eliminate costly rewrites in publishing program
5.9.2 Great Barrier Reef Legacy deploys Qnap NAS on research vessel to protect marine research data
5.9.3 Korean government selected Infortrend for surveillance projects to reduce hardware footprint by 75%
5.9.4 Itce Systemhaus GmbH uses Terastation NAS offered by Buffalo Americas as storage target for private cloud backup service
5.9.5 Huawei technologies helped Puregold improve storage reliability and performance
5.10 Trade Analysis
5.11 Patent Analysis
5.11.1 NAS market: List of major patents
5.12 Key conferences and events, 2022-2023
5.13 Rate Analysis
5.14 Standards and Regulations
5.15 Key stakeholders and purchase criteria
5.15.1 Key stakeholders in the buying process
5.15.2 Purchase criteria
6 NAS market, by design
6.2 1-8 Bays
6.2.1 Increasing adoption of 1-8 bay NAS solutions in small and medium-sized enterprises
6.3 8-12 Bays
6.3.1 Increasing number of enterprises using 8-12 bay NAS solutions
6.4 12-20 Bays
6.4.1 Increasing demand for 12-20-bay NAS solutions from large enterprises
6.5 More than 20 bays
6.5.1 Increasing demand for NAS solutions with more than 20 bays with the generation of large volumes of data by large-scale businesses
7 NAS market, by product
7.2 Enterprise NAS Solutions
7.2.1 Increased digital content with increasing use of the Internet
7.3 Midmarket NAS Solutions
7.3.1 Increasing adoption of Midmarket NAS solutions by small and medium-sized enterprises
8 NAS Market, by Storage Solution
8.2 Scale Up Nas
8.2.1 Low-cost architecture of NAS systems at scale
8.3 Scaling Out Nas
8.3.1 Growing demand for seamless and scalable storage space across enterprise networks
9 NAS Market, by Deployment Type
9.2 On the premises
9.2.1 Reduction in internet costs and high security
9.3.1 Low cost of ownership associated with remote/cloud deployment
9.4.1 High agility and scalability characteristics of hybrid deployment type
10 NAS Market, by End User Industry
10.2 Banking, Financial Services and Insurance (Bfsi)
10.2.1 Increasing deployment of NAS systems in Bfsi sector with increase in data breaches
10.3 Consumer Goods & Retail
10.3.1 Increasing demand for NAS solutions in expanding retail and e-commerce industries
10.4 Telecommunications and items
10.4.1 Increasing demand for storage solutions with high data storage capacity
10.5 Health Care
10.5.1 Increasing demand for NAS solutions for efficient data storage and management
10.6.1 Increased deployment of NAS solutions in the energy industry to ensure high-speed data transfer
10.7.1 Increased demand for NAS systems with a growing need for robust, secure and low-cost storage infrastructure
10.8 Education and research
10.8.1 Increasing need for NAS solutions to ensure easy and secure access to research documents, presentations and project files from multiple locations
10.9 Media and entertainment
10.9.1 Increasing adoption of NAS solutions for smooth content delivery by media and entertainment industry
10.10.1 Increasing demand for advanced NAS solutions to track historical data related to manufacturing and supply chain management
10.11 Business & Consulting
10.11.1 Increase in installation of NAS systems to protect data from unauthorized entities
11 essential components of NAS solutions
12 NAS market, by region
13 Competitive landscape
13.1.1 Overview of key growth strategies adopted by major market players
13.2 Revenue Analysis
13.3 Market Share Analysis (2021)
13.4 Company Evaluation Matrix
13.4.2 Emerging leaders
13.4.3 Continuous players
13.5 Start-up/SME Evaluation Matrix
13.5.1 Progressive Companies
13.5.2 Responsive Companies
13.5.3 Dynamic Companies
13.5.4 Starting blocks
13.6 Competitive Benchmarking
13.7 NAS Market: Company Footprint
13.8 Competitive scenario and trends
13.8.1 Product Launches
14 Company Profiles
14.1 Key Players
14.1.1 Dell Technologies Inc.
14.1.2 Netapp, Inc.
14.1.3 Hewlett Packard Enterprise Company
14.1.4 Hitachi, Ltd.
14.1.5 Western Digital Corporation
14.1.6 Seagate Technology Holdings Public Limited Company
14.1.7 Netgear, Inc.
14.1.8 Synology Inc.
14.1.9 Buffalo Americas, Inc.
14.1.10 Pure Storage, Inc.
14.1.11 Qnap Systems, Inc.
14.1.12 Drobo, Inc.
14.1.13 Asuator Inc.
14.1.14 IBM Corporation
14.1.15 Huawei Technologies Co., Ltd.
14.2 Other players
14.2.1 Microsoft Corporation
14.2.2 D-Link Corporation
14.2.3 Thecus Technology Corp.
14.2.4 Infortrend Technology Inc.
14.2.6 Burst Inc.
14.2.7 Nasuni Corporation
14.2.8 Promise Technology Inc.
14.2.9 Spectra Logic Corporation
14.2.10 Ixsystems, Inc.
For more information on this report visit https://www.researchandmarkets.com/r/gebncb
Global network attached storage (NAS) market