Network Attached Storage (NAS) Market Is Expected To Exhibit Growth Over 2031

The global NAS market is anticipated to exhibit significant CAGR of 16.8% during the forecast period (2024-2031). The exponential rise in the data volume generation across the globe owing to rapid digitalization is a key factor driving the growth of the global NAS market. According to the World Economic Forum, in 2020, humans and computers generated more than 64 zettabytes of data that’s the equivalent of 6.4 trillion gigabytes. The considerable rise in craze for chia cryptocurrency is further contributing to the growth of the global NAS market.

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In August 2021, distributors of hard disk drives (HDD) across the Europe has noticed significant hike in demand for NAS. As per the available data, stats for the three months show sales to end users, via distributors and resellers, went up by 141% year-on-year to 454,512 – the biggest quarter in the regional channel ever. The tremendous Chia-driven demand for storage capacity has driven the growth of the global NAS market. Buffalo LinkStation 220, Synology DiskStation DS1621+, WD My Cloud Personal Network Attached Storage, Synology DiskStation DS220+, and TerraMaster F5-422 among others are the key NAS systems available in the market.

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Market Coverage

• Segment Covered-

o             By Storage Type

o             By End-User Industry

• Regions Covered- 

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

• Competitive Landscape- Intel Corp., Hewlett-Packard Development Company, Dell EMC, Synology Inc., Buffalo Technology Inc. and so on.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global NAS Market Report Segment

By Storage Type

• Scale-Up
• Scale-Out 

By End-User Industry

• BFSI
• IT & Telecom
• Healthcare
• Aviation
• Retail 
• Media & Entertainment
• Others 

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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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