Published Market Report | Consumer Network Attached Storage Market Size, Share, Industry Trends & Forecast 2023-2030

The global consumer network attached storage market is expected to reach US$ 12.1 Billion by 2030, with an annual growth rate of more than 4.9%.

According to RationalStat's recent industry analysis, the Global Consumer Network Attached Storage Market value is estimated at US$ 5.4 Billion in 2023 and is expected to rise at a strong CAGR of over 4.9% over the forecast period of 2023-2030.

Market Definition, Market Scope, and Report Overview

Consumers generate and accumulate a significant amount of data, including photos, videos, documents, and more. NAS provides a centralized and scalable solution for storing and managing this ever-growing data.

With the rise of high-definition content and the popularity of streaming services, consumers want easy access to their media files. NAS allows users to store and stream multimedia content to various devices within their home network, providing a convenient and efficient way to manage their entertainment libraries.

According to a deep-dive market assessment by RationalStat, the global consumer network attached storage market has been analyzed on the basis of market segments, including design, mount type, storage type, storage capacity, deployment, end user, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

• Market intelligence for the global Consumer Network Attached Storage market covers market sizes on the basis of market value (US$/EUR Million), volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

• In addition, the long-term sector and products/services 10-year outlook and its implications on the global Consumer Network Attached Storage market. It also includes the industry's current state - Production levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Consumer Network Attached Storage Market: Segmental and Market Share Analysis

• On the basis of design, 4-bays segment dominated the market with a revenue share of over 28% in 2022. It is expected to grow at a CAGR of 12.6% from 2023 to 2030.

• Based on mount type, standalone segment dominated the market with a revenue share of more than 6% in 2022. It is expected to grow at the fastest over the forecast period.

Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 5.4 Billion
Market Size Forecast US$ 12.1 Billion
Growth Rate 4.85%
Dominant Segment 4-bays
Dominant Region North America

Key Market Drivers
• Increasing demand for centralized and accessible storage
• Advancements in technology and user-friendly interfaces

Companies Profiled
• ASUSTOR Inc.
• D-Link Corp
• Dell Inc
• NEC Corp
• NETGEAR
• QNAP Systems Inc.
• Seagate Technology LC
• Synology Inc
• Western Digital Corporation
• Zyxel
• TerraMaster
• Buffalo Inc

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Competition Analysis and Market Structure

Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players.

• In June 2022: QNAP Systems, Inc. opened a new location in Willich, Germany. It includes training rooms, modern office space, a service area, and a warehouse.

Some of the prominent players and suppliers operating and contributing significantly to the global Consumer Network Attached Storage market growth include ASUSTOR Inc., D-Link Corp, Dell Inc, NEC Corp, NETGEAR, QNAP Systems Inc., Seagate Technology LC, Synology Inc, Western Digital Corporation, Zyxel, TerraMaster, and Buffalo Inc., among others.

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RationalStat has segmented the global consumer network attached storage market based on design, mount type, storage type, storage capacity, deployment, end user and region

• Global Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Design
o 1-Bays
o 2-Bays
o 4-Bays
o 5-Bays
o 6-Bays
o Above 6-Bays
• Global Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Mount Type
o Standalone
o Rackmount
• Global Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Storage Type
o Hard Disk Drive (HDD)
o Flash Storage
o Hybrid
• Global Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Storage Capacity
o Less than 1 TB
o 1 TB to 20 TB
o More than 20 TB
• Global Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Deployment
o On-premise
o Cloud/Remote
o Hybrid
• Global Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by End User
o Residential
o Business
• Global Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Region
o North America Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 US
 Canada
o Latin America Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Consumer Network Attached Storage Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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