Network Attached Storage Market Scope, High Demand, Size, Share, Trends & Forecast

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Increasing data generation with rising utilization of mobile computing devices is a key factor driving Network Attached Storage (NAS) market revenue growth

According to the most recent analysis by Emergen Research, the size of the worldwide Network Attached Storage (NAS) market reached USD 22.48 billion in 2021 and is projected to grow at a revenue CAGR of 12.2% over the forecast period. The expansion of the mobile computing device industry is primarily being driven by increased data generation and usage. NAS systems are quickly becoming recognised by both large and small businesses across a variety of industries as an effective, scalable, and cost-effective storage alternative. Because NAS is faster, more cost-effective, and capable of delivering all the benefits of a public cloud on-premises, it gives customers total control.

The Network Attached Storage market report additionally covers an inside examination of the vital contenders of the market alongside their development systems and business extension plans. In particular, the archive engages entrepreneurs to look for data about possible shoppers and where they can track down them. With a selective inclusion of the top sellers, the review empowers entrepreneurs to find out about the neighborhood market and find expected shoppers.

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Competitive Terrain:

The global Network Attached Storage industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

NetApp, Hewlett Packard Enterprise Development LP, Western Digital, Dell Inc., Hitachi, Ltd., NETGEAR,  Synology Inc., Seagate Technology LLC, QNAP Systems, Inc., and IBM

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Overview:

The report bifurcates the Network Attached Storage Market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Product Outlook (Revenue, USD Billion; 2019-2030)

    • Enterprise
    • Mid-market
    • Low-end
  • Storage Outlook (Revenue, USD Billion; 2019-2030)

    • Scale-out
    • Scale-in
  • Industry Outlook (Revenue, USD Billion; 2019-2030)

    • Banking, Financial Services and Insurance (BFSI)
    • Government
    • Retail
    • IT Telecommunications
    • Automotive
    • Healthcare
    • Others

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

Key Objectives of the Report:

  • Analysis and estimation of the Network Attached Storage Market size and share for the projected period of 2020-2027
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Network Attached Storage Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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