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From 2024–2031, the global consumer network attached storage (NAS) market is expected to expand from a value of USD 85.69B in 2023 to USD 131.32B in 2031, a compound annual growth rate (CAGR) of 6.9%.
There is a direct correlation between the increasing need for more data storage capacity and better network sharing capabilities and the meteoric rise in the industry. As an alternative to bulky external drives, consumer Network Attached Storage (NAS) systems allow users to easily access their data from any computer or mobile device. The convenience component is a major reason why NAS devices have become so popular in both residential and business networks.
Enhanced data storage capacity and network-sharing capabilities are anticipated to fuel the market's expansion. A network attached storage (NAS) device connects to a user's or company's network, allowing remote access to data stored on the device from computers and mobile devices, eliminating the need to physically plug the device in. Market demand is anticipated to be driven by innovative products that improve the customer experience, such as providing access to high-quality data content and storing data for usage on any computerized system or mobile device.
A person's ability to spend money has grown as their disposable income has risen. The consumer network attached storage market is anticipated to experience an uptick as a result. People in the modern day are increasingly comfortable with and adept at using technologically sophisticated goods. In addition, the consumer network attached storage (NAS) industry is experiencing development due in large part to the rising need for surveillance.
The three main components of a consumer-grade network connected storage system are the operating system, memory, and central processing unit (CPU). There are several varieties to choose from, including diskless NAS, network attached storage (NAS) with preloaded drives, and more. Additionally, it provides a sophisticated method of accessing the saved data without the requirement of a tangible device. Consumer network attached storage (NAS) has seen an uptick in popularity due to the rising regulatory requirement for organizations to store and transfer data securely, thanks to the higher level of security.
A person's ability to spend money has grown as their disposable income has risen. The consumer network attached storage market is anticipated to experience an uptick as a result. People in the modern day are increasingly comfortable with and adept at using technologically sophisticated goods. In addition, the consumer network attached storage (NAS) industry is experiencing development due in large part to the rising need for surveillance.
The three main components of a consumer-grade network connected storage system are the operating system, memory, and central processing unit (CPU). There are several varieties to choose from, including diskless NAS, network attached storage (NAS) with preloaded drives, and more. Additionally, it provides a sophisticated method of accessing the saved data without the requirement of a tangible device. Consumer network attached storage (NAS) has seen an uptick in popularity due to the rising regulatory requirement for organizations to store and transfer data securely, thanks to the higher level of security.
Video surveillance systems for both commercial and residential organizations are in high demand due to the rising number of security concerns. The introduction of IP cameras and the increasing preference for video monitoring over physical security are driving forces behind the demand for video surveillance solutions. When it comes to preventing thefts and collecting evidence for court proceedings, video monitoring is invaluable. However, video surveillance is used by government organizations, regulatory bodies, and law enforcement for a variety of public safety projects, including traffic management. In keeping with technological developments, video surveillance systems are also including body cameras and drones. If the video surveillance material could be saved securely and easily, though, a dependable storage system would be of the utmost importance.
A major challenge to the NAS market is the increasing demand for services hosted in the cloud. Because of the increased security, adaptability of application design, and resilience that cloud-based solutions offer, more enterprises have begun to choose them as their data storage solution. Businesses that are open to moving their operations to the cloud also have their pick of numerous service providers offering affordable cloud computing. Free storage space for limited usage and free trials for up to a year are just two examples of the customized and adaptable alternatives that cloud service providers are offering in response to the increasing competition. Because of this, more and more businesses are choosing to use cloud services.
Report Coverage
Global Consumer Network Attached Storage (NAS) research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Consumer Network Attached Storage (NAS) report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Consumer Network Attached Storage (NAS) competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Consumer Network Attached Storage (NAS) market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Consumer Network Attached Storage (NAS) market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Consumer Network Attached Storage (NAS) market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ASUSTOR, Inc., D-Link Corporation, Drobo, Inc., EMC Corporation, NEC Corporation, NETGEAR, Inc., QNAP Systems, Inc., Seagate Technology PLC, Synology Inc., Western Digital Corporation, Dell Technologies Inc., Hewlett Packard Enterprise Company (HPE), Hitachi, Ltd., Buffalo Americas, Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Consumer Network Attached Storage (NAS) market based on the below-mentioned segments:
Global Consumer Network Attached Storage (NAS) Market, By Design
1-Bay
2-Bays
4-Bays
5-Bays
6-Bays
Above 6 Bays
Global Consumer Network Attached Storage (NAS) Market, By End User
Home
Business
Information Technology (IT)
Telecommunications sector
etail and E-commerce
Global Consumer Network Attached Storage (NAS) market, Regional Analysis
There is a direct correlation between the increasing need for more data storage capacity and better network sharing capabilities and the meteoric rise in the industry. As an alternative to bulky external drives, consumer Network Attached Storage (NAS) systems allow users to easily access their data from any computer or mobile device. The convenience component is a major reason why NAS devices have become so popular in both residential and business networks.
Enhanced data storage capacity and network-sharing capabilities are anticipated to fuel the market's expansion. A network attached storage (NAS) device connects to a user's or company's network, allowing remote access to data stored on the device from computers and mobile devices, eliminating the need to physically plug the device in. Market demand is anticipated to be driven by innovative products that improve the customer experience, such as providing access to high-quality data content and storing data for usage on any computerized system or mobile device.
A person's ability to spend money has grown as their disposable income has risen. The consumer network attached storage market is anticipated to experience an uptick as a result. People in the modern day are increasingly comfortable with and adept at using technologically sophisticated goods. In addition, the consumer network attached storage (NAS) industry is experiencing development due in large part to the rising need for surveillance.
The three main components of a consumer-grade network connected storage system are the operating system, memory, and central processing unit (CPU). There are several varieties to choose from, including diskless NAS, network attached storage (NAS) with preloaded drives, and more. Additionally, it provides a sophisticated method of accessing the saved data without the requirement of a tangible device. Consumer network attached storage (NAS) has seen an uptick in popularity due to the rising regulatory requirement for organizations to store and transfer data securely, thanks to the higher level of security.
A person's ability to spend money has grown as their disposable income has risen. The consumer network attached storage market is anticipated to experience an uptick as a result. People in the modern day are increasingly comfortable with and adept at using technologically sophisticated goods. In addition, the consumer network attached storage (NAS) industry is experiencing development due in large part to the rising need for surveillance.
The three main components of a consumer-grade network connected storage system are the operating system, memory, and central processing unit (CPU). There are several varieties to choose from, including diskless NAS, network attached storage (NAS) with preloaded drives, and more. Additionally, it provides a sophisticated method of accessing the saved data without the requirement of a tangible device. Consumer network attached storage (NAS) has seen an uptick in popularity due to the rising regulatory requirement for organizations to store and transfer data securely, thanks to the higher level of security.
Video surveillance systems for both commercial and residential organizations are in high demand due to the rising number of security concerns. The introduction of IP cameras and the increasing preference for video monitoring over physical security are driving forces behind the demand for video surveillance solutions. When it comes to preventing thefts and collecting evidence for court proceedings, video monitoring is invaluable. However, video surveillance is used by government organizations, regulatory bodies, and law enforcement for a variety of public safety projects, including traffic management. In keeping with technological developments, video surveillance systems are also including body cameras and drones. If the video surveillance material could be saved securely and easily, though, a dependable storage system would be of the utmost importance.
A major challenge to the NAS market is the increasing demand for services hosted in the cloud. Because of the increased security, adaptability of application design, and resilience that cloud-based solutions offer, more enterprises have begun to choose them as their data storage solution. Businesses that are open to moving their operations to the cloud also have their pick of numerous service providers offering affordable cloud computing. Free storage space for limited usage and free trials for up to a year are just two examples of the customized and adaptable alternatives that cloud service providers are offering in response to the increasing competition. Because of this, more and more businesses are choosing to use cloud services.
Report Coverage
Global Consumer Network Attached Storage (NAS) research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Consumer Network Attached Storage (NAS) report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Consumer Network Attached Storage (NAS) competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Consumer Network Attached Storage (NAS) market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | ASUSTOR, Inc., D-Link Corporation, Drobo, Inc., EMC Corporation, NEC Corporation, NETGEAR, Inc., QNAP Systems, Inc., Seagate Technology PLC, Synology Inc., Western Digital Corporation, Dell Technologies Inc., Hewlett Packard Enterprise Company (HPE), Hitachi, Ltd., Buffalo Americas, Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Consumer Network Attached Storage (NAS) Market from 2021 to 2031.
- Market Forecast for Consumer Network Attached Storage (NAS) Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Consumer Network Attached Storage (NAS) competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Consumer Network Attached Storage (NAS)
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Consumer Network Attached Storage (NAS) market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Consumer Network Attached Storage (NAS) market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ASUSTOR, Inc., D-Link Corporation, Drobo, Inc., EMC Corporation, NEC Corporation, NETGEAR, Inc., QNAP Systems, Inc., Seagate Technology PLC, Synology Inc., Western Digital Corporation, Dell Technologies Inc., Hewlett Packard Enterprise Company (HPE), Hitachi, Ltd., Buffalo Americas, Inc.
Primary Target Market
- Market Players of Consumer Network Attached Storage (NAS)
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Consumer Network Attached Storage (NAS) market based on the below-mentioned segments:
Global Consumer Network Attached Storage (NAS) Market, By Design
1-Bay
2-Bays
4-Bays
5-Bays
6-Bays
Above 6 Bays
Global Consumer Network Attached Storage (NAS) Market, By End User
Home
Business
Information Technology (IT)
Telecommunications sector
etail and E-commerce
Global Consumer Network Attached Storage (NAS) market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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