openPR Logo
Press release

Consumer Network Attached Storage (NAS) Market to Partake Significant Development During 2016 to 2024

06-14-2018 04:03 PM CET | IT, New Media & Software

Press release from: Persistence Market Research pvt ltd

Consumer Network Attached Storage (NAS) Market to Partake

The ineffectiveness of traditional storage solutions has paved way for adoption of advanced storage options, particularly to record crucial consumer-centric data. Handling greater volumes of data transference has also necessitated the need for enclosing such data storage systems within a network. As opposed to single computer storage, individuals, as well as entrepreneurs, are growing more inclined towards setting network attached storage (NAS) servers. Remote access to such servers becomes more convenient for consumers, especially when improving operational efficiency and minimizing storage costs is a must. Persistence Market Research’s recent study explores the opportunities for adoption of such consumer-based NAS systems, predicting that by the end of 2024, the global market for consumer network attached storage will be valued at US$ 4,088.7 Mn.

To Get Sample Copy of Report Visit at: https://www.persistencemarketresearch.com/samples/6460

Apropos the report, titled “Consumer Network Attached Storage (NAS) Market: Global Industry Analysis and Forecast, 2016-2024,” the global consumer NAS market is presently valued a little over US$ 1,545 Mn, and will exhibit a healthy 11.6% CAGR during the forecast period. Factors such as rising demand for speedy transference of bulk data, growing need for efficient data backup plans, and increasing implementation of cost-effective storage options have been identified as the key drivers for the global consumer network attached storage market. Nevertheless, a steadfast adoption of consumer NAS systems across the globe is facing challenges such as competitive advantage of cloud-based storage services, and complex nature of expensive consumer network attached storage systems.

Higher Demand for Consumer NAS in Middle East & Africa

Even though a majority of global consumer NAS revenues emanate from North America, the Middle East & Africa region is being perceived as highly lucrative. Adoption of consumer network attached storage systems is expected to be rapid in this region. The MEA consumer NAS market is also being projected to exhibit the highest value CAGR – 14.2%. With North America at the forefront, the global consumer network attached storage market will also witness substantial growth across Europe and Latin America. Meanwhile, the Asia-Pacific consumer network attached storage market will expand at 10.6% CAGR through 2024.

Rising Adoption of Standalone Consumer NAS Solutions among SMEs

Based on the report findings, the global market for consumer network attached storage will be showcasing a greater contribution from small & medium enterprises (SMEs). In 2017 and beyond, SMEs will remain as the largest end-users of consumer network attached storage systems in the world. The demand for consumer NAS is also expected to remain substantial among residential end-uses, revenues from which are likely to reach US$ 1,315.2 Mn by 2024-end. Likewise, these end-users are actively adopting standalone consumer network attached storage system, as opposed to rackmount.

Access Report with Table of Contents @ https://www.persistencemarketresearch.com/methodology/6460

The design of consumer NAS will continue to play a pivotal role in growth of the global market. By the end of 2024, more than US$ 2,700 Mn worth of standalone consumer NAS systems will be sold in the world. And, leading tech companies that will be catering to such surging global demands include, D-Link Corporation, NEC Corporation, Seagate Technology PLC, Netgear Inc., Western Digital Corporation, Synology Inc., EMC Corporation, ASUSTOR Inc., QNAP Systems, Inc., and Drobo Inc.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

Telephone - +1-646-568-7751

USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Consumer Network Attached Storage (NAS) Market to Partake Significant Development During 2016 to 2024 here

News-ID: 1083267 • Views: 246

More Releases from Persistence Market Research pvt ltd

Osteoarthritis Treatment Market Analysis By 2025 | Top Key Players are Johnson & …
Persistence Market Research (PMR) has published a new research report on the osteoarthritis treatment market titled “Osteoarthritis Treatment Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).” An alarming rise in the number of osteoarthritis cases is the result of a growing geriatric population worldwide. In order to cater to the needs of the rapidly increasing geriatric population as well as the female population – given that osteoarthritis prevails mostly among
Soft Tissue Repair Market Opportunity By 2024 | Top Key Players are Baxter, B. B …
Soft tissue repair is a process of replacement of destroyed or injured tissue by healthy tissue. One of the key factors driving the market is the rise in a number of accidents and accidental injuries. This is leading to the soft tissue injuries in ligaments, muscle, and tendons. Soft tissue injuries are being treated with soft tissue fixation devices and scaffolds. Increasing number of sports injuries is also driving the
Biosensor Market Forecast By 2020 | Top Key Players are Abbott Laboratories, Inc …
According to a new market report published by Persistence Market Research “Global Market Study on Biosensor: Asia-Pacific to Witness Highest Growth by 2020,” the global biosensor market was valued at USD 12,963.6 million in 2014 and is expected to grow at a CAGR of 9.7% from 2014 to 2020, to reach an estimated value of USD 22,551.2 million in 2020. To know key findings Request Sample Report @: https://www.persistencemarketresearch.com/samples/3589 Globally, the
Growing Usage in Non-medical Sectors to Create Promising Prospects for Medical & …
Persistence Market Research has estimated the global market for medical & industrial gloves at US$ 12,868.6 Mn by the end of 2026, exhibiting robust expansion at a CAGR of 7.9% over 2018–2026. According to the latest market outlook released by the company, the global Medical & Industrial Gloves Market holds promising growth prospects over the next eight years. The market will benefit from multiple innovations through intense research and

All 5 Releases


More Releases for NAS

Consumer NAS and SMB NAS Market - Global Outlook and Forecast 2018-2023 | Arizto …
The global consumer and SMB NAS market size is expected to reach values of approximately $12 billion by 2023, growing at a CAGR of more than 9% 2018–2023, states latest report by Arizton The global consumer and SMB NAS market is driven by the growing demand for efficient, reliable and affordable solutions to store the data. The introduction of enhancing systems that enable remote access to the file, secure storage to
Enterprise NAS
NAS is a storage system that enables file sharing among enterprise users. It is an independent network node in the local area network (LAN) that consists of individual Internet protocol (IP) addresses. File transfer is achieved through an Ethernet connection between users and NAS systems. NAS allows multiple users access to the same file in a network. In an enterprise environment, NAS systems are used for backup, archiving, and disaster recovery
Global Enterprise NAS Market 2015-2019
NAS systems create a shared file based storage between enterprise users. NAS exists as an independent network node on the LAN and comprises individual IP addresses. File transfer is achieved through Ethernet connections between users and NAS. It facilitates simultaneous access to multiple users. NAS systems can be used as backup storage in enterprises for archiving and disaster recovery purposes. NAS systems with server mode can also function as a
Global Enterprise NAS Market 2015-2019
NAS systems create a shared file based storage between enterprise users. NAS exists as an independent network node on the LAN and comprises individual IP addresses. File transfer is achieved through Ethernet connections between users and NAS. It facilitates simultaneous access to multiple users. NAS systems can be used as backup storage in enterprises for archiving and disaster recovery purposes. NAS systems with server mode can also function as a
ASUSTOR Releases Enterprise-Level Rackmount NAS
An optimal storage solution for businesses that features the Intel® Atom™ 2.13 GHz dual core processor and support for VMware, Citrix and Hyper-V virtual environments Taipei, Taiwan, January 29th, 2013 –ASUSTOR Inc., a leading innovator and provider of network storage solutions, today announced the release of four new enterprise-level 1U and 2U rackmount NAS devices. These new devices consist of the four drive bay AS-604RS and AS-604RD models and the nine
ASUSTOR Launches AS 6 Series NAS
New App-based NAS powered by the Intel® Atom™ 2.13 GHz Dual-Core Processor features System Sleep Mode (S3) and local display Taipei, Taiwan, Novemeber 6th, 2012 – ASUSTOR Inc., a leading innovator and provider of network storage solutions, has announced the launch of its all new AS 6 Series Network Attached Storage (NAS). The AS 6 Series NAS devices come in two, four, six and eight-bay models and feature System Sleep Mode