Increase in the use of portable devices such as laptops and mobiles is likely to augment the market at a healthy CAGR of ~22% during the forecasted period

The latest study published by Evolve Business Intelligence on the global Network-Attached Storage Market provides a next-gen performance analysis of the overall scenario in the current and years to come. The study covers a detailed analysis of market trends, market dynamics, and segmentation at regional and country level with deep dive competitor analysis. The global Network-Attached Storage market size is expected to reach $ Billion by 2028 growing at the CAGR of 22% from 2021 to 2028.

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Key players analyzed in the Global Network-Attached Storage Market and Approach
• Nasuni Corporation
• SoftNAS, Inc
• Panasas
• Infortrend Technology Inc
• Thecus Technology Corp
• D-Link Corporation
• Cisco Systems, Inc
• Microsoft Corporation
• Huawei Technologies Co. Ltd
• IBM

The market leaders are involved in different strategic approach which includes partnership, merger and acquisitions, ventures, and new product development to gain an extra edge over their competitors. The players are also adopting post-COVID strategies to tackle the impact of the COVID-19 on their businesses.

COVID-19 scenario:
• The economic slowdown has led to supply chain disruption and has impacted almost every sector.
• The businesses operating in the Network-Attached Storage market have been positively obstructed due to the COVID-19 pandemic increased in the development of the market for 2020 and 2021.
• The government across the world is taking different initiatives to cope up with the slowdown of the economy by taking various relaxation measures.

IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.

Segmentation and Scope Covered:
The global Network-Attached Storage market is based on design, product, storage solution, deployment type, end-user, and component analysis.
• The global Network-Attached Storage market is based on the design, the market is segmented as 1Bay to 8 Bays, 8 Bays to 12 Bays, 12 Bays to 20 Bays and More than 20-bays.
• The global Network-Attached Storage market is based on product, the market is segmented as Enterprise NAS Solutions and Midmarket NAS Solutions.
• The global Network-Attached Storage market is based on the storage solution, the market is analyzed across the Scale-up NAS and Scale-out NAS.
• The global Network-Attached Storage market is based on the deployment type, the market is segmented as On-premises, Remote, and Hybrid.
• The global Network-Attached Storage market is based on end-user, the market is segmented as Banking, Financial Services, Insurance (BFSI), Consumer Goods and Retail, Telecommunications and ITES, Healthcare, Energy, Government, Education and Research, Media and Entertainment, Manufacturing, Business and Consulting, Aerospace and Defense, Automotive, Food Processing, and Logistics.
• The global Network-Attached Storage market is based on the component analysis, the market is analyzed across the Hardware and Software.

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Global Network-Attached Storage Market Geographic Coverage:
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Middle East & Africa (GCC Countries, South Africa, Isreal, Turkey, Rest of Middle East & Africa)
• South America (Brazil, Argentina, Chile, Colombia, and Rest of South America)

North America to account for the largest market size at a significant pace in the Global Network-Attached Storage Market
Based on region, North America accounts for the market share in 2020 while Asia Pacific is expected to grow at the highest CAGR during the forecast period. This has been majorly due to an increase in the use of portable devices such as laptops and mobiles to access the data.

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Identifying the Growth Opportunities of the Market:
In this competitive scenario, the businesses are focusing on creating a value-added impact in the market to sustain in the environment. The study published by Evolve Business Intelligence will provide a detailed analysis of the growth opportunities and identifying products/ services through which the companies can expand and create a value-added results in the market.

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This release was published on openPR.