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Consumer NAS and SMB NAS Market - Global Outlook and Forecast 2018-2023 | Arizton

06-22-2018 02:47 PM CET | IT, New Media & Software

Press release from: Arizton Advisory & Intelligence

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 data, multimedia streaming, storing of video surveillance footages and more will propel the evolution of the global market. The market research report provides in-depth market analysis and segmental analysis of the global consumer and SMB NAS market by form factors, end-users, and geography.

Market Size:

Unit Shipment

Base Year: 2017

Forecast Year: 2018–2023

The report considers the present scenario of the global consumer and SMB NAS market and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the market.

Read full report details:

The growing need for end-users to store huge amount of data at a reduced cost compared to cloud-based storage is propelling the growth of the consumer and SMB NAS market. These innovative services provide remote access to data storage through internet or LAN connectivity at home and help small-scale business to access information at marginal costs in the global market. The vendors are offering multiple features with modern appliances that simplify user interaction with these devices at an affordable cost with higher reliability and security. The launch of such storage solutions will augment the development of the global market. The network attached storage drive vendors are focusing on innovation to improve the capacity of HDD and increase the usage of solid state drive (SSDs) for accelerated performance in various appliances in the global market. The companies are offering these advanced products through retail channels with diskless systems at an affordable cost that ranges based on form factors i.e., 1-bay to 12-bay to gain a larger market share. Each bay in these systems will accommodate one HDD of up to 12 TB. The reduced cost of these drives is expected to enable vendors to offer affordable solutions for end-users in the consumer and SMB NAS market.

The proliferation of internet connectivity is resulting in the use of various devices such as mobile phones, laptops, and desktop thereby, leading the growth of both personal and business data across end-user segments in the global market. The introduction of new devices that enable user-friendly storing, accessing, and sharing of files among end-users at an affordable cost will boost the demand for these appliances in the global market. The global consumer and SMB NAS market is estimated to reach values of around $12 billion by 2018, growing at a CAGR of more than 9% during 2018-2023. The report also includes market size in terms of shipment units across various form factors during the forecast period.

Major Vendors in the Consumer and SMB NAS Market

Buffalo Technology
QNAP Systems
Western Digital Corporation

Prominent Players in the Consumer and SMB NAS Market
Dell Technologies
Infortrend Technology
Promise Technology
Thecus Technology
Zyxel Communications

Market Segmentation by Form Factors

4-Bay and 5-Bay
6-Bay to 12-Bay

Market Segmentation by End-users


Market Segmentation by Geography

North America
Latin America

Order a report :

About Arizton Advisory & Intelligence
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Call: +1-312-465-7864

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