Press release
Network Attached Storage Market Top Key Players: Zyxel, Cisco, D-Link, Asustor, Infortrend, Avere Systems, SoftNas, Pansas, Western digital, QNAP, Netgear, Thecus, Synology, Buffalo Americas, Seagate, DELL EMC, Hitachi
Global Market Insights, Inc.
North America, being a major technological hub stands poised to hold significant share in the global NAS industry. The region moreover retains the presence of large scale enterprises that have adopted the cloud platforms and big data analytics – a factor further expected to garner high demand for NAS solutions in the coming years. The rapid adoption of consumer and home network attached storage systems in U.S. and Canada across various end-use sectors such as the BFSI and IT & Telecom market have significantly driven North America network attached storage industry share. The United States NAS industry share is forecast to record a y-o-y growth rate of 20% over 2018-2024.
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Elaborating further on the geographical landscape, Europe is projected to procure second largest share in the NAS industry. The growth is mainly attributed to the rapid adoption of this technology by the SMEs in tandem with the massively growing data center developments in the region. Add to it, the continent, over the recent years, has been one of the top-notch spots for the industry players adopting regional expansion as their chief growth strategy.
The commercialization of global network attached storage market has indeed taken up a remarkable pace in the recent years, courtesy – the increasing number of enterprises diving into big data analytics & data mining. The rapid adoption of NAS solutions in home and consumer applications to offer storage that can be accessed by multiple devices have provided significant impetus to the growth statistics of network attached storage industry share. With NAS gaining considerable traction across SMEs and other businesses incorporating cloud-based network, analysts speculate the network attached storage architectural layout to witness a revolution of sorts in the coming years. Not to mention, technology interventions are deemed to remain the focal point of this transition.
Toshiba, for instance, has recently launched its next-generation 3.5″ NAS N300 HDD and 2.5″ L200 HDD that can be now used in laptops as well. The technology, as claimed by Toshiba works perfectly with any network attached storage devices that are used for personal, home office or small businesses. The NAS device has been designed to support around eight drive bays in a multi-RAID NAS and features rotational vibration sensors that automatically detect & compensate for transient vibrations, thereby delivering prompt performance in multi-bay storage enclosures.
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Partial Chapter of the Table of Content
Chapter 3. NAS Industry Insights
3.1. Introduction
3.2. Evolution of NAS
3.3. SAN vs NAS storage
3.4. Scale-up vs Scale-out NAS
3.5. NAS architecture analysis
3.6. Industry segmentation
3.7. NAS industry landscape, 2013 - 2024
3.8. NAS industry ecosystem analysis
3.9. Regulatory landscape
3.10. Technology & innovation landscape
3.10.1. Multi-protocol or unified storage
3.11. NAS industry impact forces
3.11.1. Growth drivers
3.11.1.1. Increase in Big Data analytics and data mining applications
3.11.1.2. Growing popularity of NAS for home/consumer applications
3.11.1.3. Rising adoption of Cloud NAS file storage as a service
3.11.2. Industry pitfalls & challenges
3.11.2.1. Concerns regarding data security
3.11.2.2. Concerns regarding bandwidth performance for remotely hosted NAS
3.12. Porter's analysis
3.13. PESTEL analysis
Chapter 4. Competitive Landscape, 2017
4.1. Introduction
4.2. Competitive analysis of key market players
4.2.1. NetApp
4.2.2. Netgear
4.2.3. Dell EMC
4.2.4. Cisco
4.2.5. Western Digital
4.3. Competitive analysis of other prominent players
4.3.1. Synology
4.3.2. Thecus Technology
4.3.3. QNAP
4.3.4. ASUSTOR
4.3.5. Seagate
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In yet another significant instance, the Taiwanese technology company Synology has recently announced the availability of its “18-series” NAS servers in India. Reportedly, the servers are designed to serve as personal cloud storage with features such as media streaming, data backup, file sharing, photo management, and more. The instance further emphasizes another vital strategy undertaken by NAS market players – exploiting the enormous potential in the untapped economies. The increasing technologically advanced and aware consumer base is one of the chief regions drawing the stakeholders’ attention toward these emerging countries. Speaking along similar lines, the APAC region, as forecast by Global Market Insights, Inc. is slated to register the fastest growth rate over 2018-2024. The rapidly proliferating trends of digitization coupled with the rising demand for cost effective & scalable data storage solutions are overt to further sway the regional industry outlook.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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