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Global Network-Attached Storage Market Trends and Forecast to 2024

Semiconductors & Equipment

Updated on May 31, 2018

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The Network-Attached Storage (NAS) Market is expected to be worth USD 45.21 Billion by 2023, growing at a CAGR of 20.1% from 2017 to 2023. The base year used for this study is 2016, and the forecast period is from 2017 to 2023. This report provides a detailed analysis of the NAS market on the basis of storage solution, deployment type, end-user industry, and geography. NAS is a dedicated storage device with multiple racks of storage media and is set up onto a dedicated network for storing the data. 


To estimate the size of the NAS market, top-down and bottom-up approaches have been followed in the study. This entire research methodology includes the study of annual and financial reports of top players, presentations, press releases; journals and association articles such as Storage Networking Industry Association India (SNIA India), The Data Storage Technical Committee (DSTC), The Cloud Computing Association (CCA), The Asia Cloud Computing Association (ACCA), The Legal Cloud Computing Association (LCCA), Networking, Architecture, and Storage Conference (NAS); paid databases such as Factiva (By Dow Jones & Company), and Google Finance, Yahoo Finance; and interviews with industry experts. Also, the average revenue generated by the companies according to the region was used to arrive at the NAS market size. This overall market size was used in the top-down procedure to estimate the size of other individual markets via percentage splits from secondary and primary research.

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Global Network-Attached Storage (NAS)  Market Definition:

 A Network-Attached Storage (NAS) is a type of device that provides local-area network with file-based shared storage through a standard Ethernet connection. It permits additional hard disk storage space to be included to a network that previously utilized servers, devoid of closing them down for upgrades and maintenance. The current trends are the increasing consumption of storage by the users and companies. There is demand for these devices are increasing due to the large acceptance of cloud system, which provides easy connectivity to storage without investing money on hardware and other related products.

Key Questions Answered in Global Network-Attached Storage (NAS) Market Report:- 

Our Report offers:-

What will the market growth rate, Overview and Analysis by Type of Global Network-Attached Storage (NAS) Market in 2024?
What are the key factors driving, Analysis by Applications and Countries Global Network-Attached Storage (NAS) Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Network-Attached Storage (NAS) Market?
Who are Opportunities, Risk and Driving Force of Global Network-Attached Storage (NAS) Market?
Who are the opportunities and threats faced by the vendors in Global Network-Attached Storage (NAS) Market? Business Overview by Type, Applications, Gross Margin and Market Share
What are the Global Network-Attached Storage (NAS) Market opportunities, market risk and market overview of the Market?
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Top Key Players:

ZyXEL Communications Corporation
ASUSTOR Inc.
Dell Inc.
Hewlett-Packard Development Company
Buffalo Technology Inc.
Hitachi Data Systems
International Business Machines (IBM) Corp.
NetApp Inc.
Seagate Technology plc,
Synology Inc.
QNAP Systems Inc
Netgear, Inc.
Drobo, Inc.
Thecus Corporation
among others. 
Major market Drivers and Restraints:

Increasing adoption of video surveillance services
Rising demand Network Attached Storage
Acceptance of Cloud Storage
Complex Operating System
Lack of technical knowledge 
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Market Segmentations:

Global Network-Attached Storage (NAS)  Market is segmented on the basis of  

Solution
Storage Solution
Application
End-User
Geography
Market Segmentations in Details:

On the basis of Solution the Network-Attached Storage (NAS) Market is segmented into Analytics, Hadoop. The Hadoop market is expected to grow in the forecasted period.

On the basis of Storage Solution the Network-Attached Storage (NAS) Market is segmented into On-Premise, Remote, Hybrid. The hybrid market is expected to grow in the forecasted period.

On the basis of Application the Network-Attached Storage (NAS) Market is segmented into Industrial Sector, IT, Data Processing Component, Government and Defense, Cloud Processing Component. The Industrial sector market is expected to grow in the forecasted period.

On the basis of End-User the Network-Attached Storage (NAS) Market is segmented into small enterprise and large enterprise. The large enterprise market is expected to grow in the forecasted period.

On the basis of Geography,

North America
South America
Europe
Asia-Pacific
Middle East & Africa
Competitive Landscape: Global Network-Attached Storage (NAS) Market

Network-Attached Storage (NAS) Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.

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