Global Consumer and Enterprise NAS Market Expected to cross US$ 44 billion till 2021

Published on : Dec 20, 2016

Albany, New York, December 20, 2016: Market Research Hub (MRH) has recently added a new report by Beige Market Intelligence to its database titled “Global Consumer and Enterprise NAS Market - Strategic Assessment and Forecast Till 2021”. This study focuses on the present scenario and growth aspects of the global market including market segmentation, size, drivers, restraints and trends for the next five years. Recently, Market research analysts at Beige Market Intelligence estimated that worldwide consumer and enterprise NAS market is expected to grow at a CAGR closed to 24% and to reach US$ 44 billion during the period 2015-2021.

Geographically, in terms of revenue and shipment the report segments the market by key regions such as North America, Europe, APAC, Latin America, Middle-East and Africa. Also, top countries highlighted in the report are U.S., U.K., China and Japan. Network attached storage (NAS) has for many years been an important part of small businesses needing reliable storage without protocol or connection restrictions. It has been observed that demand for collaborative working environment between enterprises is one of the key drivers that is gaining momentum in the market. Through the geographical analysis, the report reveals that the North American market has shown significant growth in shipment of NAS products than other geographies. The reason being increasing use of NAS by the individual consumer, SOHO and SMBs. Also, APAC is the most emerging geography which is going to witness a high CAGR.

NAS systems benefit enterprises by providing a central location for storing business data and also grant users remote access to files stored on devices. Enterprises can back up their data from off-site locations by logging in and uploading files to the NAS system. However, for enterprise organizations this is the most preferred choice for all their storage needs. Individual users can also operate and use NAS for their storage requirement.

Furthermore, it has been segmented on the basis of user type which involves:

  • Consumer NAS
  • Large Enterprise NAS

The report includes a precise cost analysis of NAS for each user segment and in terms of revenue, all the user segments are going to witness a remarkable growth in the coming years. In the consumer environment, NAS devices also support in storing and sharing files such as music along with movies between different users which are driving the market growth. It also facilitates access to these files through mobile devices connected to the NAS appliances. Additionally, one of the key drivers of the market is home automation & smart home.

The major players profiled in the report are as follows:

  • Apple
  • Buffalo Technology
  • Dell
  • Hitachi Data System
  • HP
  • Seagate
  • Dell EMC
  • NetApp
  • Synology
  • QNAP
  • Western Digital

Click here to get more info with TOC in a PDF Format:

Some other vendors are- Asustor, LieCie Group S.A., Oracle, Lenovo EMC, Overland Storage, Zyxel etc.

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