NAS (Network Attached Storage) Devices Market Scope
Rapid digitalisation, and Increase internet penetration drives the market growth. NAS provides a way for different clients, authorised network users, and network consumers to access and store data from a central location. The network-attached storage (NAS) unitís store and share data that may be accessed remotely for a number of PCs. NAS, or network-attached storage, has developed into a vital part of many sectors. The technology helps expand storage capacity across available networks. NAS was primarily created for large-scale network systems that handle millions of transactions per minute.
|Unit||Value (USD Million)|
|Key Companies Profiled||Accusys Storage Ltd. (China), Asustor (China), Buffalo Americas Inc. (United States), Buurst (United States), ClearSky Data (United States), Dell EMC (United States), Fujitsu (Japan), Hitachi Vantara (United States), Huawei (China), IBM (United States), Infinidat (Israel), IXSystems Inc. (United States), Microsoft Avere Systems (United States), NetApp Inc. (United States) and Netgear (United States)|
The market for the NAS (Network Attached Storage) Devices is highly competitive and dominated by few key player. The market has a vendor landscape that is extremely competitive. A number of businesses are also taking part in significant mergers and acquisitions as part of crucial plans to increase their market share globally. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global NAS (Network Attached Storage) Devices market throughout the predicted period.
Accusys Storage Ltd. (China), Asustor (China), Buffalo Americas Inc. (United States), Buurst (United States), ClearSky Data (United States), Dell EMC (United States), Fujitsu (Japan), Hitachi Vantara (United States), Huawei (China), IBM (United States), Infinidat (Israel), IXSystems Inc. (United States), Microsoft Avere Systems (United States), NetApp Inc. (United States) and Netgear (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Nexenta (United States), Nexsan (Canada), Panasas (United States), QNAP Systems Inc. (China) and Quantum Corp. (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
The study have segmented the market of Global NAS (Network Attached Storage) Devices market by Type , by Application (Home Use, Government and Commercial Use) and Region with country level break-up.
On the basis of geography, the market of NAS (Network Attached Storage) Devices 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). region held largest market share in the year 2022.
Market Leaders and their expansionary development strategiesOn May 2022, Jungle disk a Texas based company provider of data backup and recovery has announced the acquisition of Elephant Drive the provider of consumer solution for long term storage of photos and videos documents
On June 2022, StorCentric a provider of data centric company offering a portfolio of secure data management solution launched the Nexsan EZ-NAS, network attached storage (NAS). Featuring an easy to configure 1U form factor and four drives with up to 72 TB of raw capacity and 1.5 GB/s of throughput.
Influencing Trend:Adoption of cloud based solution is the key trend driving the market growth and The rise of AI and Deep learning
Market Growth Drivers:The rise in digitalisation and government initiative toward adoption of digitalisation drives the market growth and The increase use of internet and internet penetration across emerging economies fuels the market growth
Challenges:Increase case of cyberattacks negatively influence the market growth and Concern regarding data security and privacy restrict the market growth
Restraints:Lack of skilled workforce hampers the market growth and Lack of infrastructure in the underdeveloped countries stymies the market growth
Opportunities:Adoption of hybrid cloud storage raises demand for cutting-edge NAS solutions creates lucrative growth opportunities for the market
Key Target AudienceNew Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others