While so many orgs shift their bytes off prem, here's why you may want to repatriate your information
Analysis The concept of cloud repatriation – shifting systems back in house from the cloud – is nothing new.
The past few years have served up some high-profile cases: file storage and sharing specialist Dropbox took hundreds of petabytes of customer data off AWS’ and back into its data centers in 2017.
The company saved almost US$75m in infrastructure costs over two years according to an S-1 filing.
Accurate comparisons also require a thorough understanding of owning and maintaining on-premises infrastructure – both direct (hardware, software licenses) and indirect (power supplies, connectivity, air-conditioning, staff salaries etc) costs, which can be equally hard to add up.
Figures compiled by the Active Archive Alliance calculated the relative cost of storing one petabyte of archival data on a flash storage system as $3.5m, network attached storage (NAS) box $2.6m, and Amazon S3 at $1.5m.
The global Network-Attached Storage Market is expected to be worth USD 45.21 Billion by 2023, growing at a CAGR of 20.1% from 2017 to 2023.For secure data storage and features such as file-based storage and multiple client access are the reason for the adoption of NAS devices across various end-user industries and hence propelling the growth of the NAS market.
Following to this, increasing dependence on digital content being stored in the cloud environment by SMBs, the proliferation of social media content along with high-speed data transfer technologies such as 4G & 5G and the need for a large amount of secure data storage devices for video surveillance application is further driving the growth of the network-attached storage market.Request Free Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=35395533Scale-out NAS is expected to hold the largest market share in 2023The network-attached storage market for scale-out storage solution is expected to hold the largest market share in 2023.
With additional features to upgrade the storage capacity, scale-out storage solution–based NAS devices have been considered as an alternative to scale-up storage solution based–NAS devices.Network-attached storage market for the healthcare sector to witness the highest growth rate from 2017 to 2023The NAS market for the healthcare end-user industry is expected to grow at the highest rate during the forecast period.
The healthcare industry comprises healthcare services and facilities, medical devices suppliers and manufacturers, medical insurance, and pharmaceuticals.
These organizations need to keep the record of the patients.
These devices enable the organizations to keep records and to analyze and keep track of patients’ history.North America leads the network-attached storage market in terms of market sizeNorth America, being the early adopter of advanced data storage technologies, held the largest share of the NAS market in 2016, followed by Europe and APAC.
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.
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.
It also provides high performance storage anywhere from 500GB to 4TB and faster access to stored data.
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.
Based on end users the market is classified into large enterprises and small/medium office or home office (SOHO).
