What is NAS Network Memory Market?
NAS Network Memory is vast number of computers linked with a network of storage devices, which can be used to access a file located at a centralised location. It is also popularly known as private cloud. NAS provides both scale out and scale up storage solution. With the increasing improvement in connectivity technology, although with fear of data breach more and more firms are approaching a hybrid deployment model. The NAS network memory offers a significant benefit where the firms or users can increase the storage as and when you want to by adding additional NAS devices to the network. North America is expected to be the biggest market of NAS network memory.
The market study is being classified and major geographies with country level break-up.
Hewlett Packard Enterprise Company (United States), Dell (United States), Hitachi Data Systems (United States), Netapp Inc. (United States), Seagate Technology Holdings plc (United States), Western Digital Corporation (United States), Buffalo Americas Inc. (United States), Netgear Inc. (United States), QNAP Systems Inc. (Taiwan), Synology Inc. (Taiwan) and Netgear Inc. (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global NAS Network Memory market by Type, Application and Region.
On the basis of geography, the market of NAS Network Memory has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Digitisation of Businesses
- Cheaper Costs of Setup
- Integration with Cloud or Adoption of Hybrid Deployment Model is increasing in Popularity
- Emergence of New and Better Storage Mechanisms such as Block Storage and Object Storage
- Developing Countries with Poor Internet Connectivity has Huge Potential to Grow
- Interoperability with Different Systems may be Hurdle to the Growth of the NAS Network Memory
Market Leaders and some development strategies
In 2019, Western Digital Corporation, a US based multinational manufacturer of hard disk and provider of data storage solutions has announced acquisition of Kazan Networks which is a startup specialised in the development of the NVMe-oF technology. Western Digital is eyeing in using Kasanís expertise to upgrade its storage solutions both in terms of storage capacity and their performance.
In 2021, Lenovo Ltd., a China based global computer, storage and other related hardware manufacturer has announced launch of its new Personal Cloud T2 which offers 36TB storage. The T2 cloud is a NAS based file storage solution. It has been launched at price tag of USD 154.
Key Target AudienceNAS Network Memory Manufacturers, Suppliers and Distributors, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners and End-Use Industries
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the NAS Network Memory Market?
"Growing Digitisation of Businesses
" is seen as one of major growth factors of NAS Network Memory Market in years to come.
2. Can we have customized study for NAS Network Memory Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.