Consumer Network Attached Storage NAS Market 2022

Apropos the report, titled “Consumer Network Attached Storage (NAS) Market: Global Industry Analysis and Forecast, 2016-2026,” the global consumer NAS market is presently valued a little over US$ 1,545 Mn, and will exhibit a healthy 11.6% CAGR during the forecast period.

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The ineffectiveness of traditional storage solutions has paved way for adoption of advanced storage options, particularly to record crucial consumer-centric data. Handling greater volumes of data transference has also necessitated the need for enclosing such data storage systems within a network. As opposed to single computer storage, individuals, as well as entrepreneurs, are growing more inclined towards setting network attached storage (NAS) servers. Remote access to such servers becomes more convenient for consumers, especially when improving operational efficiency and minimizing storage costs is a must. Persistence Market Research’s recent study explores the opportunities for adoption of such consumer-based NAS systems, predicting that by the end of 2026, the global market for consumer network attached storage will be valued at US$ 4,088.7 Mn.

Factors such as rising demand for speedy transference of bulk data, growing need for efficient data backup plans, and increasing implementation of cost-effective storage options have been identified as the key drivers for the global consumer network attached storage market. Nevertheless, a steadfast adoption of consumer NAS systems across the globe is facing challenges such as competitive advantage of cloud-based storage services, and complex nature of expensive consumer network attached storage systems.

 Key Players:

The report has profiled some of the Important players prevalent in the global like – D-Link Corporation, NEC Corporation, Seagate Technology PLC, Netgear Inc., Western Digital Corporation, Synology Inc., EMC Corporation, ASUSTOR Inc., QNAP Systems, Inc., and Drobo Inc .and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Consumer Network Attached Storage NAS.   

                          

Higher Demand for Consumer NAS in Middle East & Africa 

Even though a majority of global consumer NAS revenues emanate from North America, the Middle East & Africa region is being perceived as highly lucrative. Adoption of consumer network attached storage systems is expected to be rapid in this region. The MEA consumer NAS market is also being projected to exhibit the highest value CAGR – 14.2%. With North America at the forefront, the global consumer network attached storage market will also witness substantial growth across Europe and Latin America. Meanwhile, the Asia-Pacific consumer network attached storage market will expand at 10.6% CAGR through 2026.

Rising Adoption of Standalone Consumer NAS Solutions among SMEs 

Based on the report findings, the global market for consumer network attached storage will be showcasing a greater contribution from small & medium enterprises (SMEs). In 2017 and beyond, SMEs will remain as the largest end-users of consumer network attached storage systems in the world. The demand for consumer NAS is also expected to remain substantial among residential end-uses, revenues from which are likely to reach US$ 1,315.2 Mn by 2026-end. Likewise, these end-users are actively adopting standalone consumer network attached storage system, as opposed to rackmount. The design of consumer NAS will continue to play a pivotal role in growth of the global market. By the end of 2026, more than US$ 2,700 Mn worth of standalone consumer NAS systems will be sold in the world. And, leading tech companies that will be catering to such surging global demands include, D-Link Corporation, NEC Corporation, Seagate Technology PLC, Netgear Inc., Western Digital Corporation, Synology Inc., EMC Corporation, ASUSTOR Inc., QNAP Systems, Inc., and Drobo Inc.

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)

Key Stakeholders
Consumer Network Attached Storage NAS Market Manufacturers
Consumer Network Attached Storage NAS Market Distributors/Traders/Wholesalers
Consumer Network Attached Storage NAS Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Consumer Network Attached Storage NAS Market – Report Highlights

A detailed overview of parent market of Consumer Network Attached Storage NAS Market
Changing Consumer Network Attached Storage NAS Market dynamics in the industry
In-depth segmentation of the Consumer Network Attached Storage NAS Market
Historical, current, and projected Consumer Network Attached Storage NAS Market size regarding volume and value
Recent industry trends and developments in Consumer Network Attached Storage NAS Market
Competitive landscape of the Consumer Network Attached Storage NAS Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Consumer Network Attached Storage NAS Market performance
Must-have information for Consumer Network Attached Storage NAS Market players to sustain and enhance their market footprint

Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?

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