openPR Logo
Press release

Strong Growth Ahead: Network Attached Storage Market Size To Grow At Arecord 19.4% Cagr By 2029

04-22-2025 08:20 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Network Attached Storage

Network Attached Storage

The Network Attached Storage Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Network Attached Storage Market?
In recent times, the network attached storage market has witnessed substantial growth. The market size is projected to increase from $38.92 billion in 2024 to $45.08 billion in 2025, marking a compound annual growth rate (CAGR) of 15.8%. This significant market expansion during the historic period is credited to factors such as business continuity planning, the integration of cloud and hybrid solutions, the augmenting demands in the home and personal segment, the rising necessity for security and compliance, as well as an increase in demand from the media and entertainment industry.

The network attached storage market is anticipated to experience a swift expansion in the upcoming years, with its value projected to reach $91.52 billion by 2029, expanding at a CAGR of 19.4%. The key factors driving this growth during the prognosis period are data explosion and big data, remote operations and cooperation, safeguarding and data safety, an upsurge in media and entertainment usage and the adoption by small and medium businesses (SMEs). Significant tendencies during the prognosis period encompass disaster recovery and backup solutions, utilization by SMEs and homes, demands from media and entertainment industry, workloads related to AI and analytics, and integration of edge computing.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8999

What Are the Emerging Segments Within the Network Attached Storage Market?
The network attached storage market covered in this report is segmented -

1) By Product Type: High-End Or Enterprise, Mid market, Low-End
2) By Storage Solution: Scale-Out, Scale-Up, Other Solutions
3) By Deployment Model: On-Premise, Cloud, Hybrid
4) By Application: Home Or Consumer, Business
5) By End User: BFSI, Healthcare, Retail And E-Commerce, IT And Telecom, Automotive, Other End-Users

Subsegments:
1) By High-End Or Enterprise: Multi-Protocol Support NAS, Scalable Storage Solutions, High Availability Systems
2) By Mid market: RAID-Based Systems, Virtualized Storage Solutions, Hybrid Cloud NAS
3) By Low-End: Personal Cloud Storage, Home Media Servers, Entry-Level NAS Devices

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8999&type=smp

What Long-Term Drivers Are Shaping Network Attached Storage Market Trends?
The network-attached storage sector is being propelled forward due to the escalating adoption of 5G technology. The newest version of cellular technology, fifth-generation wireless (5G), has been created to amplify the speed and reactivity of wireless networks substantially. The surge in the use of 5G leads to vast data production, which is managed and stowed by network-attached storage, thereby escalating demand. For example, a study by Global Wireless Solutions, a telecommunications firm based in the United States, showed that in 2022, the proportion of consumers who used 5G networks rose from a mere 43% in 2021 to 61% in 2022 in the United States. This signifies that there was a 42% rise in 5G users in 2022 compared to 2021, a significant jump compared to the previous year's single-digit rise in 5G availability (2020-2021) by 7%. Therefore, the ongoing surge in data production fuels the growth of the network-attached storage market.

Who Are the Top Competitors in Key Network Attached Storage Market Segments?
Major companies operating in the network attached storage market include Dell Technologies Inc., Western Digital Corporation, Synology Inc., QNAP Systems Inc., NetApp Inc., Hewlett Packard Enterprise Company, Hitachi Ltd., Seagate Technology Holdings Public Limited Company, NETGEAR Inc., Buffalo Americas Inc., ASUSTeK Computer Inc., International Business Machines Corporation (IBM), Huawei Technologies Co. Ltd., Drobo Inc., Zyxel Communications Corporation, D-Link Corporation, Nasuni Corporation, SoftNAS Inc., Panasas Inc., Infortrend Technology Inc., Thecus Technology Corp., Promise Technology Inc., LenovoEMC, Open-E Inc., Syneto S.R.L., Overland Storage Inc., Nexsan Corporation., Super Micro Computer Inc., Oracle Corporation, NEC Corporation, Fujitsu Limited

What Network Attached Storage Market Trends Are Gaining Traction Across Different Segments?
One notable movement in the network-attached storage market is product innovation. Major players in this market are keen on introducing new NAS technologies to solidify their standing. For instance, StorCentric, a data-centric security firm based in the US, rolled out Nexsan EZ-NAS for edge deployments in large firms and small-to-medium businesses in June 2022. This platform includes notable characteristics such as in-line compression, AD support, and data-at-rest encryption, giving it an edge over other products in its category due to its user-friendliness, functionality, and price.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/network-attached-storage-global-market-report

Which Regions Are Becoming Hubs for Network Attached Storage Market Innovation?
North America was the largest region in the network attached storage market in 2024. The regions covered in the network attached storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Network Attached Storage Market?
2. What is the CAGR expected in the Network Attached Storage Market?
3. What Are the Key Innovations Transforming the Network Attached Storage Industry?
4. Which Region Is Leading the Network Attached Storage Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Strong Growth Ahead: Network Attached Storage Market Size To Grow At Arecord 19.4% Cagr By 2029 here

News-ID: 3980635 • Views:

More Releases from The Business Research Company

Emerging Trends Influencing The Growth Of The Tuberculosis Diagnostics Market: Tech Advancements Transforming Tuberculosis Diagnostics Market
Emerging Trends Influencing The Growth Of The Tuberculosis Diagnostics Market: T …
The Tuberculosis Diagnostics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. How Big Is the Tuberculosis Diagnostics Market Size Expected to Be by 2034? The market size for tuberculosis diagnostics has significantly expanded in the recent past. The market value is forecasted to increase from $2.21
Tourism's Impact On The Growth Of The Travel Insurance Market: A Key Driver Powering Travel Insurance Market Growth In 2025
Tourism's Impact On The Growth Of The Travel Insurance Market: A Key Driver Powe …
The Travel Insurance Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Current Travel Insurance Market Size and Its Estimated Growth Rate? In the preceding years, the travel insurance sector has seen robust expansion. It's forecasted to increase from $26.36 billion in 2024 to
Global Traffic Signals Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Global Traffic Signals Market Outlook 2025-2034: Trends, Innovations, And Future …
The Traffic Signals Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Traffic Signals Market Size and Projected Growth Rate? The market size of traffic signals has experienced significant growth in the past few years. Its size is projected to expand from $27.35 billion
Third-Party Logistics (3PL) Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Third-Party Logistics (3PL) Market Forecast 2025-2034: Comprehensive Analysis An …
The Third-Party Logistics (3PL) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Projected Growth of the Third-Party Logistics (3PL) Market? The market size of third-party logistics (3PL) has seen significant growth over the past few years. The industry is predicted to expand from

All 5 Releases


More Releases for Storage

United States Self-Storage Market 2022 Strategic Assessment- Metro Storage LLC, …
The United States Self-Storage Market provides a unique tool for evaluating the market highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the United States Self-Storage Market
Video Surveillance Storage Market Growing Up By Storage Technology: Network atta …
Acumen Research and Consulting has announced the addition of the "Video Surveillance Storage Market” report to their offering. The Video Surveillance Storage Market Report 2018 is an in depth study analyzing the current state of the Video Surveillance Storage Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Video Surveillance Storage Market provides analysis of China market covering
Global Self Storage Market Data Analysis 2020-2026 : Loq Storage Mini Bodegas, M …
Global Self Storage Market Report Covers Market Dynamics, Market Size, And Latest Trends Amid The COVID-19 Pandemic For acquiring a whole outline of the Self Storage Market, each of the ones needs to do is to peruse everything about in the report to get a handle on a portion of the essential cutting edge and present imaginative patterns referenced in the record. The Self Storage market has all the components
Self-Storage Software Market Trends, Developments, Future Prospects and Prominen …
The Self-Storage Software Market is a category of management software. It has user-friendly and bendable functions to meet the needs of small to large facilities. Some of the leading self-storage software programs offer structures, such as facility maps, specialized payment options, online access for customers, and gate access integration as well. You can get a sample copy of this report @ https://www.orianresearch.com/request-sample/1498463 Emergence of cloud-based self-storage software and mobile applications are
Self Storage Market Flourishing Rapidly with Top Prominent Players like AECOM, C …
Self Storage Industry Forecast to 2027 delivering Key Insights and providing Competitive Advantage to clients through a Detailed Report. The study is a perfect balance bridging both Qualitative and Quantitative information of Self Storage market. The self storage refers to the storage space rented to tenants often on a short-term basis. The industry is a sub-division of the commercial real-estate market. The rapid urbanization and migration of people to different metropolitan
Self Storage Market 2019: Emerging Top Key Player Like AECOM, CubeSmart, Life St …
The Self Storage Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years. Get Sample Copy