According to the most recent analysis by Emergen Research, the size of the worldwide Network Attached Storage (NAS) market reached USD 22.48 billion in 2021 and is projected to grow at a revenue CAGR of 12.2% over the forecast period. The expansion of the mobile computing device industry is primarily being driven by increased data generation and usage. NAS systems are quickly becoming recognised by both large and small businesses across a variety of industries as an effective, scalable, and cost-effective storage alternative. Because NAS is faster, more cost-effective, and capable of delivering all the benefits of a public cloud on-premises, it gives customers total control.
This study provides a comprehensive look at the Network Attached Storage market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. The research study provides historical data and offers forecasts. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.
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Competitive Terrain:
The global Network Attached Storage industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
NetApp, Hewlett Packard Enterprise Development LP, Western Digital, Dell Inc., Hitachi, Ltd., NETGEAR, Synology Inc., Seagate Technology LLC, QNAP Systems, Inc., and IBM
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Network Attached Storage market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Network Attached Storage market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Network Attached Storage market.
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Market Segmentations of the Network Attached Storage Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Network Attached Storage market on the basis of product, application, and region:
Segments Covered in this report are:
-
Product Outlook (Revenue, USD Billion; 2019-2030)
- Enterprise
- Mid-market
- Low-end
-
Storage Outlook (Revenue, USD Billion; 2019-2030)
- Scale-out
- Scale-in
-
Industry Outlook (Revenue, USD Billion; 2019-2030)
- Banking, Financial Services and Insurance (BFSI)
- Government
- Retail
- IT & Telecommunications
- Automotive
- Healthcare
- Others
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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