According to IMARC Group’s latest report, titled “Consumer Network Attached Storage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 24.5 Billion in 2021. A consumer network-attached storage (NAS) refers to a device that provides networks a single access point for storing and retrieving data from the central location to the computer systems. It depends on hardware, software and file-based protocols, such as Network File System (NFS) or Common Internet File System (CIFS), with built-in security, management and fault-tolerant capabilities.
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The global consumer NAS market is primarily driven by the significant shift toward data-centric models. NAS is used to enable home theater systems and functions as a file server with remote access to multiple media players and personal computers. Besides this, NAS is gaining traction as it provides centralized storage to computers with large amounts of data. It also functions as a print and media server, temporary storage, and backup and archive system for Internet downloads or video-on-demand (VOD) services. Moreover, rapid urbanization and the emerging trend of connected homes are impelling the market growth. Looking forward, IMARC Group expects the global consumer network attached storage market to reach US$ 58.8 Billion by 2027, exhibiting a CAGR of 16.2% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- YesBuffalo Americas Inc. (Melco Holdings Inc.)
- D-Link Corporation
- Drobo Inc. (Storcentric Inc.)
- Netgear Inc.
- QNAP Systems Inc.
- Synology Inc.
- Thecus Technology Corporation (Ennoconn)
- Western Digital Corporation
- Zyxel Communications Corp. (Unizyx Holding Corporation).
Consumer Network Attached Storage Market Segmentation:
Breakup by Design:
- 1-Bay
- 2-Bays
- 4-Bays
- 5-Bays
- 6-Bays
- Above 6 Bays
Breakup by End User:
- Home Users
- Businesses
Breakup by Deployment Type:
- On-Premises
- Cloud-Based
- Hybrid
Breakup by Region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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