Consumer Network Attached Storage Market Research 2020-2025 Report by Growth Factors, Drivers by Top Manufacturers, Upcoming Trends

13 February 2020 - 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.

Rapid growth in digital content is expected to drive the network attached storage market over the forecast period.

For example if a consumer wants to connect multiple devices like gaming system, a huge music & entertainment system or a network security camera, to stream out to variety of devices, NAS helps in sharing files among all these devices without the need to connect to a computer since they are all connected through a network.

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.

Based on end users the market is classified into large enterprises and small/medium office or home office (SOHO).

Large enterprises are expected to represent fastest growing segment since they contain Big data and also need larger storage capacity.

The global network-attached storage market is expected to be worth USD 45.2 billion by 2023 from USD 15.1 billion in 2017.Market DynamicsThe Network-Attached Storage market for hybrid deployment type is expected to grow at the highest rate from 2017 to 2023.

Hybrid storage solutions have advantages and disadvantages over both on-premise and remote storage.

These are virtually transparent and possess mechanisms that keep active and frequently used data on-premise and move inactive data to the remote location-based systems.BFSI held the largest share in Network-Attached Storage market in terms of value.BFSI sector, a highly customer-centric sector, is transforming and adopting new processes to make its customers avail easy solutions such as mobile applications, online transactions, and others.

A large amount of data is generated every day with day-to-day financial transactions getting done worldwide.

These data from the customers are very crucial.

Network-attached storage devices offer secure data storage at a lower cost with several scalability options.Download Free PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=35395533Network-Attached Storage Market in APAC is expected to grow at the second-highest CAGR from 2017 to 2023.

ReportCrux Market Research has published a new report titled “Consumer IoT Market by Component (Software [Real-Time Streaming Analytics, Data Management, Remote Monitoring, Security Solution, and Network Bandwidth Management], Hardware [Application Management, Device Management, and Network Management], and Services [Professional Services, and Managed Services]); by Offering (Node Component [Memory Device, Processor, Sensor, and Others], Network Infrastructure [Ethernet Switch and Routing, Server, and Gateway], and Others); by End User (Consumer Electronics, Wearable Devices, Home Automation, Healthcare, Automotives, and Others); and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027”.Consumer IoT Market SizeConsumer IoT Market is estimated to grow from USD 52.76 Billion in 2019 to USD 188.24 Billion by 2027, at a CAGR of 17.2% during 2020-2027Consumer IoT is a broad term used to refer to a variety of personal devices like wearables, smart phones, fashion products, and home appliances that are connected to the internet.

Consumer IoT differs from the Internet of Things primarily in terms of the type of computer used and its applications.The growth of the IoT consumer market can be attributed to the increased awareness about health, rising number of Internet users, the adoption of smart devices, increased disposable incomes in emerging economies, and increased customer demand for convenience and healthier lifestyles, raising value of remote home surveillance, and government safety regulations.The growing number of interconnected devices monitoring physical infrastructure and rising networking, which makes these networks and their devices more susceptible to data breaching, thus contributing to an increase in demand for highly advanced security solutions in the IoT industry.In addition, with the increase in the number of connected devices, the volume of data is also increasing.

By introducing the IoT data management platform, businesses are trying to achieve a competitive advantage with predictive analytics and to improve their business operations thus boosting consume IoT market.Segmentation AnalysisThe global market for the consumer IoT is segmented into offering, end user, component, and region.By OfferingBased on offering, the market is categorized into node component, network infrastructure, and others.

The node component segment held major share of the market in 2019.

The software market is further divided into real-time streaming analytics, data management, remote monitoring, security solution, and network bandwidth management.

By introducing IoT data management tools, businesses seek to gain a competitive advantage with predictive analytics as well as to improve their business operations.Moreover, the growing number of interconnected devices that control the increasing networking and physical infrastructure has made these networks and their devices more susceptible to cyber attacks, thus contributing to an increase in demand for highly sophisticated security solutions in the consumer IoT industry.By End-UserHome automation segment accounted for almost 27% share of the Consumer IoT Market in 2019On the basis of end user, the global market for consumer IoT is segmented into consumer electronics, wearable devices, home automation, healthcare, automotives, and others.

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.

Market Highlights:The Global Network-Attached Storage Market is growing rapidly mainly due to the efficient, cost-effective solutions NAS provides for data storage & retrieval.

The increase in adoption of NAS by small and medium enterprises is another key driving force escalating the market on the global heights.Acknowledging the exponential growth, this market perceives currently Market Research Future (MRFR) in its recently published study report asserts that the global network-attached storage market is projected to reach approximately 44.96 BN USD by 2023, registering a striking double0digit CAGR over 20% between 2017 and 2023.The Network-Attached Storage systems provide users with cost-effective solutions for increased control over data and the greater flexibility to accommodate changing business conditions.

The need to meet regulations & compliance and to improve & sustain strategic risk management have fuelled the growth of the network attached storage systems market.The augmenting demand to capture and analyze the rapidly increasing data in the digital technologies such as the Internet of Things (IoT), cloud computing, and the big data analytics are generating the demand for the network attached storage systems.Additionally, factors such as the growing volume of business data, increasing regulatory pressure, increasing usages of external data sources, and the need for improvement of the performance of data are substantiating the growth of the market.On the flip side, factors such as lack of awareness and security issues are estimated to obstruct the growth of the market.

Nevertheless, factors like the increasing demand for data access functions in big data, and the evolving artificial intelligence are expected to boost the growth of the network-attached storage market over the forecast period, 2017-2023.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/3814Segments:The MRFR analysis is segmented into five key dynamics for the convenience of understanding;By Types : Small-medium business-level NAS, Enterprise NAS storage, and Consumer Level NAS among others.By Storage Solution : Scale-up and Scale-out among others.By Deployment Type : Remote, On-premise, and Hybrid among others.By End-user : Healthcare, Government, BFSI Telecommunication, and IT among others.By Regions : North America, Europe, APAC, and the Rest-of-the-World.Regional Analysis:North America region is the largest market in terms of the market share in the global network-attached storage market owing to the presence of many industries.

The study signifies that network-attached storage is trending among the small and medium enterprises and its market is projected to be the most attractive markets in the region.Factors substantiating market growth include the unparalleled expansion of data, increasing the adoption of the Internet of Things (IoT), and stringent data related to regulatory compliances.

Moreover, the factors such as the early adoption of emerging technologies, substantial investments in cloud-based solutions, and the presence of a huge number of players present in this region are supporting the market growth.The European region will be the second largest market share for network-attached storage solutions during the forecast period.

As per the report published by the experts, the global Consumer Electronics Market is estimated to reach US$ 838.85 billion by the completion of the prediction period.

The consumer electronics are an electronic apparatuses intended for routine usage characteristically in the sectors of office throughput, communications and entertaining.

Ranging from conventional consumer electronic goods for example tablets, digital cameras, computers, printers, DVDs video recorders, laptops, GPS navigators, equipment for playback and smartphones to cutting-edge products for example wearable electronic devices, phablets, smart televisions, and camcorders.

It comprises technical resolutions extending from commercially practicable and mass-produced apparatuses to new equipment that are in the initial phases of being transported from private and theoretical research organizations and groups to practical profit pursuing enterprises.

Various governments all over the world are more and more backing up for the digitalization, ultimately encouraging the usage of several electronic apparatuses among consumers.

Rising alertness regarding the paybacks of wireless connectivity of a numeral electronic apparat uses is additional aspect recognized to foster acceptance.

This report presents the worldwide NAS (Network Attached Storage) Devices market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.The NAS (Network Attached Storage) Devices market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period.

In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for NAS (Network Attached Storage) Devices.Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2288127The following manufacturers are covered in this report:QNAPBuffaloSynologyWestern DigitalAsustorSeagateAppleHPNAS (Network Attached Storage) Devices Breakdown Data by TypeBy PlatformWindowsLinuxAppleBy ImplementationCIFSNFSAppletalkNAS (Network Attached Storage) Devices Breakdown Data by ApplicationHome UseGovernmentCommercial UseNAS (Network Attached Storage) Devices Production by RegionUnited StatesEuropeChinaJapanOther RegionsOther RegionsBrowse the complete report @ http://www.orbisresearch.com/reports/index/global-nas-network-attached-storage-devices-market-insights-forecast-to-2025NAS (Network Attached Storage) Devices Consumption by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaMalaysiaPhilippinesThailandVietnamEuropeGermanyFranceUKItalyRussiaRest of EuropeCentral & South AmericaBrazilRest of South AmericaMiddle East & AfricaGCC CountriesTurkeyEgyptSouth AfricaRest of Middle East & AfricaThe study objectives are:To analyze and research the global NAS (Network Attached Storage) Devices status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key NAS (Network Attached Storage) Devices manufacturers, production, revenue, market share, and recent development.To split the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.This report includes the estimation of market size for value (million USD) and volume (K Units).

Both top-down and bottom-up approaches have been used to estimate and validate the market size of NAS (Network Attached Storage) Devices market, to estimate the size of various other dependent submarkets in the overall market.

Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.For the data information by region, company, type and application, 2017 is considered as the base year.

Whenever data information was unavailable for the base year, the prior year has been considered.Place a purchase order of this report @ http://www.orbisresearch.com/contact/purchase/2288127About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.

Market Research Future (MRFR) Announces the Publication of its Cooked Research Report — Global Network-Attached Storage (NAS) Market, 2018–2023.A Network-Attached Storage Market (NAS) is a file-level storage architecture where the users can access, share, and store data across a network through a centralized disk capacity.

The files stored in these devices can be accessed through LAN over Ethernet connections through SMB, CIFS, NCP, FTP, HTTP, and NFS protocols depending upon the clients’ operating system.

Moreover, increasing BYOD trend among enterprises is expected to boost the growth of the market in the coming years.

However, security issues associated with remotely stored data might impact the growth of the market adversely.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/3814 Competitive Outlook: Some of the prominent players in the global network-attached storage are Dell EMC (US), HPE (US), IBM Corporation (US), Hitachi Vantara Corporation (US), Netapp Inc. (US), Seagate Technology Public Limited Company (Ireland), Cisco Systems Inc. (US), Western Digital Corp. (US), Netgear Inc. (US), QNAP Systems Inc. (Taiwan), Synology Inc. (Taiwan), Buffalo Americas Inc. (Japan), and Space Monkey (US).

In the IT and telecommunication vertical, NAS devices help in reducing the management costs and data center equipment footprint, thereby reducing the floor space, and power and cooling costs.

Network Attached Storage Nas Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Network Attached Storage Nas industry with a focus on the Chinese market.

The report provides key statistics on the market status of the Network Attached Storage Nas manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Network Attached Storage Nas market covering all important parameters.The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.

In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Network Attached Storage Nas industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019-2024 market development trends of Network Attached Storage Nas industry.

Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Network Attached Storage Nas Industry before evaluating its feasibility.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-network-attached-storage-nas-2019-2024-490There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Network Attached Storage Nas as well as some small players.

At least 9 companies are included: Dell Synology Lenovo Net AppTo know more competitorThe information for each competitor includes: Company Profile Main Business Information SWOT Analysis Sales, Revenue, Price and Gross Margin Market ShareFor product type segment, this report listed main product type of Network Attached Storage Nas market in gloabal and china.

Computer Based NAS Embedded System Based NAS ASIC Based NASFor end use/application segment, this report focuses on the status and outlook for key applications.

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