Upcoming Trends in the Network Attached Storage Market - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Upcoming Trends in the Network Attached Storage Market

Description:

The global network attached storage market (NAS) is projected to grow from USD 23.2 billion in 2020 to USD 48.0 billion by 2025, at a CAGR of 15.7%. The key factors fueling the growth of this market are the rapid adoption of 4G and 5G technologies, creating high-volume digital content and the increased use of smartphones, laptops, and tablets resulting in the generation of large volumes of data. – PowerPoint PPT presentation

Number of Views:6
Date added: 18 June 2020
Slides: 8
Provided by: ctom7000

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Upcoming Trends in the Network Attached Storage Market


1
MarketsandMarkets Presents

Upcoming Trends in the Network Attached Storage
Market Network Attached Storage (NAS) Market
with COVID-19 Impact Analysis, by Design (8 bays
to 12 bays, More than 20 bays), Product
(Enterprise, Midmarket), Storage Solution
(Scale-up, Scale-out), Deployment Type, End-user
Industry, Geography - Global Forecast to
2025 https//www.marketsandmarkets.com/Market-Rep
orts/network-attached-storage-market-35395533.html
2
The global network attached storage market (NAS)
is projected to grow from USD 23.2 billion in
2020 to USD 48.0 billion by 2025, at a CAGR of
15.7. The key factors fueling the growth of this
market are the rapid adoption of 4G and 5G
technologies, creating high-volume digital
content and the increased use of smartphones,
laptops, and tablets resulting in the generation
of large volumes of data. Browse 113 market data
Tables and 60 Figures spread through 197 Pages
and in-depth TOC on "Network Attached Storage
(NAS) Market with COVID-19 Impact Analysis -
Global Forecast to 2025"
3
1-bay to 8-bay NAS solutions accounted for
largest network attached storage market share in
2019 In 2019, NAS systems with 1 bay to 8 bays
held the largest market share, and a similar
trend is likely to be observed during the
forecast period owing to the growing adoption of
1-bay to 8-bay NAS solutions by small and
medium-sized businesses, homes, education and
research centers, media and entertainment
companies, and business and consulting service
providers. An increase in the volume of data
generated across these industries is leading to
the increased demand for 1-bay to 8-bay NAS
solutions. Ask PDF Brochure https//www.marketsa
ndmarkets.com/pdfdownloadNew.asp?id35395533 Netw
ork attached storage market of midmarket NAS
solutions captured larger market share than
enterprise NAS solutions in 2019 Midmarket NAS
solutions held a larger market share in 2019, and
a similar trend is likely to be observed in the
near future. The increased use of smart devices
such as smartphones and tablets led to the rise
of digital media. Consumers use NAS systems for
home surveillance solutions, backup systems, and
media streaming devices. Moreover, midmarket NAS
solutions are ideal and inexpensive solutions for
small- and mid-sized businesses.
4
Network attached storage market of scale-up NAS
solutions held larger market share than scale-out
NAS solutions in 2019 In 2019, scale-up NAS
solutions held a larger market share. These
solutions are usually deployed in small and
medium-sized offices, homes, educational
institutions, and hotels, wherein a moderate
volume of data is generated, and the only
requirement is to store this data. Also, these
solutions are available at a lower cost compared
to scale-out solutions. Hybrid segment is
expected to record highest CAGR in network
attached storage market during forecast
period The hybrid segment is expected to register
the highest CAGR in the network attached storage
market during the forecast period. The
inclination toward such deployment models is
increasing day by day as companies need to keep a
backup of the crucial data to avoid the loss of
critical information in the case of any disaster.
One of the benefits of hybrid cloud storage is
that it combines on-premises control over
infrastructure, security, and data with the
flexible nature of cloud technology.
5
Network attached storage market in APAC is
expected to grow at highest CAGR during forecast
period The network attached storage market in
APAC is expected to grow at the highest CAGR
during the forecast period owing to the presence
of numerous small and mid-scale companies in the
region. Also, the increasing investments by these
companies in the development of IT infrastructure
are driving the growth of the NAS market in these
countries. Request More Details
on https//www.marketsandmarkets.com/Enquiry_Befo
re_BuyingNew.asp?id35395533 Key Market
Players Dell Technologies Inc. (US), NetApp, Inc.
(US), HEWLETT PACKARD ENTERPRISE COMPANY (HPE)
(US), Hitachi, Ltd. (Japan), and WESTERN DIGITAL
CORPORATION (US) are a few major companies
operating in the NAS market. These companies have
adopted both organic and inorganic growth
strategies, such as product launches expansions,
partnerships, contracts, collaborations,
agreements, and acquisitions, to strengthen their
position in the network attached storage market.
6
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors. MarketsandMarkets now coming up
with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations early to the market
by providing them research ahead of the
curve. MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of markets.
7
Contact Us
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/network-attached-storage.asp
About PowerShow.com