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 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.
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 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.