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Network Attached Storage Market worth $178.10 billion by 2030, growing at a CAGR of 17.11% - Exclusive Report by 360iResearch
Network Attached Storage Market | 360iResearch
The Global Network Attached Storage Market to grow from USD 58.93 billion in 2023 to USD 178.10 billion by 2030, at a CAGR of 17.11%.
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Network Attached Storage (NAS) is a devoted file storage device that provides local area network (LAN) users with centralized, compact disk storage through a standard Ethernet connection. NAS is a self-contained solution for sharing files over the network and is designed to enable multiple users and heterogeneous client devices to retrieve data from centralized disk capacity. NAS systems are commonly used for data backup, archiving, and as file servers. They are widely popular due to their simplicity of installation and operation, offering an efficient way to consolidate storage resources and share data across a network. NAS devices cater to various market segments, including home users, small and medium businesses (SMBs), and enterprise-level deployments. Prominent end-use industries include banking, financial services and insurance (BFSI), IT and telecommunications, healthcare, government, education, and the media and entertainment sectors. Escalating data volumes, cost-efficiency of NAS for SMBs, scalable performance capabilities, cloud connectivity advances, and stringent regulatory mandates for data safety propel the development trajectory. However, hurdles such as security vulnerabilities, limited computing and network resources, and competition from cloud alternatives hamper growth. Innovation is crucial to address these challenges, emphasizing fortified security measures and hardware advancements such as solid-state drive (SSD) integration, AI-driven data management, and synergistic cloud collaborations. Research into network optimization, software-defined storage, and eco-friendly solutions is critical to sustained development and market competitiveness in the dynamic landscape of NAS technologies.
Market Segmentation & Coverage:
This research report categorizes the Network Attached Storage Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Storage Solution, market is studied across Scale-Out NAS and Scale-Up NAS. The Scale-Out NAS is projected to witness significant market share during forecast period.
Based on Depolyment, market is studied across On-Cloud and On-Premise. The On-Cloud is projected to witness significant market share during forecast period.
Based on End-User Industry, market is studied across BFSI, Consumer Goods & Retail, Education & Research, Energy, Government, Healthcare, IT & Telecom, Manufacturing, and Media & Entertainment. The Energy is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Network Attached Storage Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Network Attached Storage Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Network Attached Storage Market, highlighting leading vendors and their innovative profiles. These include Asustor Inc., Buffalo Americas, Inc., Cisco Systems, Inc., Dell Inc., Drobo, Inc., Hewlett Packard Enterprise Development LP, Hitachi, Ltd., International Business Machines Corporation, Microsoft Corporation, Netapp, Inc., Netgear, Inc., QNAP Systems, Inc., Seagate Technology LLC, Synology Inc., and VMware, Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Network Attached Storage Market, by Storage Solution
7. Network Attached Storage Market, by Depolyment
8. Network Attached Storage Market, by End-User Industry
9. Americas Network Attached Storage Market
10. Asia-Pacific Network Attached Storage Market
11. Europe, Middle East & Africa Network Attached Storage Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Network Attached Storage Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Network Attached Storage Market?
3. What is the competitive strategic window for opportunities in the Network Attached Storage Market?
4. What are the technology trends and regulatory frameworks in the Network Attached Storage Market?
5. What is the market share of the leading vendors in the Network Attached Storage Market?
6. What modes and strategic moves are considered suitable for entering the Network Attached Storage Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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