Global "Consumer
network attached storage (NAS) Market" 2025 Industry research report covers the industry overview with
Marketplace Size, Share, Development, futuristic cost, earnings, demand and
distribution data. Its vast repository offers an analytical summary of the
marketplace that can help to the new and existing player to take a significant
decision.
In this report, we
thoroughly examine and analyse the Global market for Consumer network attached
storage (NAS) so that market participants can improve their business strategy
and ensure long-term success. This report provides players with useful
information and suggests result-based ideas to give them a competitive
advantage in the global Consumer network attached storage (NAS) industry. It
will show how other players compete in the global Consumer network attached
storage (NAS) Market and explain the strategies you use to differentiate
yourself from other participants.
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The global Consumer network
attached storage (NAS) market size was valued at USD 2.18 billion in 2016 and
is anticipated to reach USD 8.20 billion by 2025. Global Consumer Network
attached storage (NAS) market is expected to witness a significant increase in
the market over the forecast period. Rapid growth in digital content is
expected to drive the network attached storage market over the forecast period.
NAS is a file storage device which enables sharing files either by software,
hardware or through configuration between enterprise users. It is operated by
connecting data storage to a computer network providing data access to a group
of clients. In a consumer NAS market the software is used to store and share
files such as music, photos and multimedia among multiple devices. Requirement
of personal data backup by the consumers is anticipated to drive market growth.
Backup is essential because of its importance in preventing data loss and avoid
growing number of computer viruses which corrupt and damage the data.
Increase in mobile devices
market combined with high internet usage is expected to drive the market growth
since file sharing is commonly used in several devices such as tablets, smart
phones, laptops and computers globally. Various files can be accessed through
Mobile devices when connected to the NAS appliances. It also provides high
performance storage anywhere from 500GB to 4TB and faster access to stored
data. These appliances can also be connected to printers at workplace or
household.
Increasing demand for
multiple connections and multimedia streaming at households is expected to
drive the market growth. NAS compared to portable hard disks provide better
efficiency and can connect multiple computers to a router via Ethernet or wifi.
For example if a consumer wants to connect multiple devices like gaming system,
a huge music & entertainment system or a network security camera, to stream
out to variety of devices, NAS helps in sharing files among all these devices
without the need to connect to a computer since they are all connected through
a network. They can also manage torrent downloads even when the computer is
off.
NAS involves low
maintenance costs, are relatively easy to install and can also be operated
remotely increasing the convenient usage of the consumers. Once the NAS device
is connected to the network consumers can access the content through a web
browser or dedicated software. The devices can automatically record footage
from networked home security devices thereby increasing the safety and
accessibility through the smartphones. Compared to that of Direct attached
storage (DAS) and external hard drives these systems are expected to provide
high efficiency and performance storage.
Network attached storage
uses Linux operating system reducing the licensing cost of other operating
systems. The devices also support Network file system and common internet file
system and are compatible completely with MAC, windows and UNIX clients making
it globally functioning device. Reduced price of consumer Network attached
software is expected to increase the overall demand.
Lack of technical knowledge
among end users is restraining the market growth. The consumers cannot proceed
directly to back up data instead are expected to proceed only through an
installed operating system. Less awareness of the systems and specifications
owing to reduced number of consumers pose a threat to the market.
Based on the applications
the NAS market is segmented into cloud and data processing components. Cloud
processing is widely accepted for its high performance computing power.
According to different solutions the industry is segmented into and Hadoop and
analytics solutions, Hadoop market is expected to expand at a significant rate
because of its wide range of application in weather forecasting to analyzing
business trends. Based on end users the market is classified into large
enterprises and small/medium office or home office (SOHO). Large enterprises
are expected to represent fastest growing segment since they contain Big data
and also need larger storage capacity. Consumer NAS is significantly increasing
to provide large data power for immersive online computer games.
North America is expected
to be the fastest growing market on account of increased demand of home
networks as well as small businesses which would require efficient storage
capacity such as NAS along with various technological advances. Developing
economies such as India, china, Malaysia, Taiwan, Croatia are also expected to
have a steady growth rate owing to large IT service industry base, increase
number of internet users, availability of large data, digital media
applications, and growth in personal data.
Major players in network
attached system markets are apple, Seagate technologies, buffalo technology and
Netgear. Other players include Hewlett-Packard Development Company, Hitachi
data systems, IBM corporation, iomega, Asustor, Drobo, Transporter and Zyxel.
Apple is one of the largest company in terms of revenue. NAS uses file based
protocols such as AFP that has been used with Apple Macintosh Computers.
Buffalo technologies introduce cost effective NAS systems that are expected to
be compatible with all the operating systems.
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