09-15-2018 08:43 AM CET - IT, New Media & Software
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Consumer Network Attached Storage (NAS) Market Comprehensive Analysis | Key Players - Western Digital Corporation, Netgear Inc., Synology Inc., ASUSTOR Inc., QNAP Systems, Inc., ZyXEL Communications Inc.

Press release from: Polaris Market Research & Consulting



The global consumer network attached storage market is anticipated to reach USD 10.2 billion by 2026. The demand for consumer network attached storage globally is driven by increasing demand for cost-effective storage systems, efficient data backup systems, and speedy data transfer. Further, the market is also bolstering due to easy installation and low-cost of product, coupled with network sharing of data that improves the accessibility of users’ to data, among the office or in-house network. Furthermore, innovative offerings including cloud backup that is capable of integrating with consumer network attached storage system, is also driving the market growth for consumer network attached storage.

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The market by end-user is dominated by SMEs segment. The demand is highly attributed to the cost-effectiveness as well rising awareness for consumer network attached storage system. Also, by regions, Asia Pacific is expected to notice the highest growth. Further, region Middle East & Africa is also expected to notice considerable growth during the forecast period. Rising awareness among people and their increasing spending capability are the major factors driving the market growth in these regions.

The North America region is expected to dominate the market, with US being the major contributor. The market in US is driven by presence of several start-ups in the country also, US in one of the hub for start-ups and a major location of several large technology companies. By design, the market is segmented into 1-Bay, 2-Bays, 4-Bays, 5-Bays, 6-Bays, and 6-Bays & above. The 4-Bays segment is dominating the market by design however, 2-Bay segment is expected to grow at a highest CAGR during the projected period.

Consumer Network Attached Storage (NAS) Market, By Design

1-Bay
2-Bays
4-Bays
5-Bays
6-Bays
6Bays.

Consumer Network Attached Storage (NAS) Market, By Type

Rackmount and Standalone

Consumer Network Attached Storage (NAS) Market, By End-user

Residential, SMEs, and Large Enterprises.

Consumer Network Attached Storage (NAS) Market, By Regions

- North America - U.S., Canada
- Europe - Germany, UK, France, Italy
- Asia-Pacific - China, South Korea, Japan, India
- Latin America - Brazil, Mexico; Middle East & Africa.

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Top Key Player:-

Western Digital Corporation
Netgear Inc.
Synology Inc.
ASUSTOR Inc.
QNAP Systems, Inc.
ZyXEL Communications Inc.
Buffalo America Inc.
Drobo Inc.,
D-Link Corporation.

The North America market for Consumer NAS is currently leading with the largest market share among geographies, followed by Europe. The presence of huge number of technology firms in the region coupled with their considerable investments in R&D is driving the growth in North American market. Further, the demand in European region is influenced by increasing awareness among constantly increasing SMEs in the region. Moreover, US being one of the hub for start-ups has propelled the market demand in the country.

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About us Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.

Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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