Network Attached Storage Market Research Report, Demand, Industry Analysis, Share, Growth, Applications, Types and Forec

Network Attached Storage Market Size – USD 22.48 Billion in 2021, Market Growth – at a CAGR of 12.2%, Market Trends – Cost-effective and reduced Total Cost of Ownership (TCO)

The Network Attached Storage market drivers and restraints Market report covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

According to the most recent analysis by Emergen Research, the size of the worldwide Network Attached Storage (NAS) market reached USD 22.48 billion in 2021 and is projected to grow at a revenue CAGR of 12.2% over the forecast period. The expansion of the mobile computing device industry is primarily being driven by increased data generation and usage. NAS systems are quickly becoming recognised by both large and small businesses across a variety of industries as an effective, scalable, and cost-effective storage alternative. Because NAS is faster, more cost-effective, and capable of delivering all the benefits of a public cloud on-premises, it gives customers total control.

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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Network Attached Storage market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

Key Players Profiled in the Report are:

NetApp, Hewlett Packard Enterprise Development LP, Western Digital, Dell Inc., Hitachi, Ltd., NETGEAR,  Synology Inc., Seagate Technology LLC, QNAP Systems, Inc., and IBM

The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.

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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Network Attached Storage market expected to boost the growth of the industry in the coming years.

Network Attached Storage Market Segmentation:

  • Product Outlook (Revenue, USD Billion; 2019-2030)

    • Enterprise
    • Mid-market
    • Low-end
  • Storage Outlook (Revenue, USD Billion; 2019-2030)

    • Scale-out
    • Scale-in
  • Industry Outlook (Revenue, USD Billion; 2019-2030)

    • Banking, Financial Services and Insurance (BFSI)
    • Government
    • Retail
    • IT Telecommunications
    • Automotive
    • Healthcare
    • Others

Key Questions Answered in the Report:

What is the growth rate of the Network Attached Storage market? What is the anticipated market valuation of Network Attached Storage industry by 2027?

What are the key growth driving and restraining factors of the Network Attached Storage market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Network Attached Storage industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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