The Asia Pacific Consumer Network Attached Storage Market would witness market growth of 13.2% CAGR during the forecast period (2023-2030).
Manufacturers are responding by introducing high-capacity NAS models that cater to users with extensive storage needs, such as content creators and multimedia enthusiasts. There is a growing trend of integrating solid-state drives (SSDs) into NAS systems to address the need for faster data access and transfer speeds. This hybrid approach, combining HDDs for storage capacity with SSDs for speed, enhances overall system performance. Furthermore, security concerns continue to drive innovation in consumer NAS. Manufacturers are incorporating advanced security features, including encryption, secure access protocols, and built-in antivirus solutions, to safeguard user data against evolving threats.
Manufacturers are incorporating disk hibernation, low-power modes, and efficient cooling mechanisms to reduce energy consumption and environmental impact. Recognizing the symbiotic relationship between local and cloud storage, manufacturers are integrating hybrid solutions that seamlessly bridge the gap between consumer NAS and cloud services. This trend enables users to enjoy the benefits of both local and cloud storage, including increased redundancy and accessibility. Likewise, some manufacturers are exploring subscription-based models, offering additional services, software features, or cloud storage as part of a bundled subscription.
Increased demand for multimedia content, such as high-definition videos and streaming services, characterizes the trend of smart homes in China. Consumer NAS provides an ideal solution for storing and streaming multimedia content within smart homes, ensuring seamless access across multiple devices. The government restructured the credit guarantee scheme for micro, small, and medium enterprises (MSMEs) in Budget 2023-24, with an infusion of Rs 9,000 crore ($1.09 billion) into the corpus, effective April 1, 2023. Thus, the growing smart homes and MSME sectors in the Asia Pacific will help expand the regional market.
The China market dominated the Asia Pacific Consumer Network Attached Storage Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $868.4 million by 2030. The Japan market is registering a CAGR of 12.4% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 13.8% during (2023 - 2030).
Based on Mount Type, the market is segmented into Standalone, and Rackmount. Based on Storage Type, the market is segmented into Hard Disk Drive (HDD), Flash Storage, and Hybrid. Based on Storage Capacity, the market is segmented into 1 TB to 20 TB, More than 20 TB, and Less than 1 TB. Based on Deployment, the market is segmented into Cloud/Remote, On-Premise, and Others. Based on End-user, the market is segmented into Business, and Residential. Based on Design, the market is segmented into 4-Bays, 2-Bays, 6-Bays, 1-Bay, 5-Bays, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ASUSTeK Computer Inc., D-link Corporation, Dell Technologies, Inc., NEC Corporation, Netgear, Inc., QNAP Systems, Inc., Seagate Technology LLC, Synology Inc., Western Digital Corporation, and Zyxel Communications Corp.
Manufacturers are responding by introducing high-capacity NAS models that cater to users with extensive storage needs, such as content creators and multimedia enthusiasts. There is a growing trend of integrating solid-state drives (SSDs) into NAS systems to address the need for faster data access and transfer speeds. This hybrid approach, combining HDDs for storage capacity with SSDs for speed, enhances overall system performance. Furthermore, security concerns continue to drive innovation in consumer NAS. Manufacturers are incorporating advanced security features, including encryption, secure access protocols, and built-in antivirus solutions, to safeguard user data against evolving threats.
Manufacturers are incorporating disk hibernation, low-power modes, and efficient cooling mechanisms to reduce energy consumption and environmental impact. Recognizing the symbiotic relationship between local and cloud storage, manufacturers are integrating hybrid solutions that seamlessly bridge the gap between consumer NAS and cloud services. This trend enables users to enjoy the benefits of both local and cloud storage, including increased redundancy and accessibility. Likewise, some manufacturers are exploring subscription-based models, offering additional services, software features, or cloud storage as part of a bundled subscription.
Increased demand for multimedia content, such as high-definition videos and streaming services, characterizes the trend of smart homes in China. Consumer NAS provides an ideal solution for storing and streaming multimedia content within smart homes, ensuring seamless access across multiple devices. The government restructured the credit guarantee scheme for micro, small, and medium enterprises (MSMEs) in Budget 2023-24, with an infusion of Rs 9,000 crore ($1.09 billion) into the corpus, effective April 1, 2023. Thus, the growing smart homes and MSME sectors in the Asia Pacific will help expand the regional market.
The China market dominated the Asia Pacific Consumer Network Attached Storage Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $868.4 million by 2030. The Japan market is registering a CAGR of 12.4% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 13.8% during (2023 - 2030).
Based on Mount Type, the market is segmented into Standalone, and Rackmount. Based on Storage Type, the market is segmented into Hard Disk Drive (HDD), Flash Storage, and Hybrid. Based on Storage Capacity, the market is segmented into 1 TB to 20 TB, More than 20 TB, and Less than 1 TB. Based on Deployment, the market is segmented into Cloud/Remote, On-Premise, and Others. Based on End-user, the market is segmented into Business, and Residential. Based on Design, the market is segmented into 4-Bays, 2-Bays, 6-Bays, 1-Bay, 5-Bays, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ASUSTeK Computer Inc., D-link Corporation, Dell Technologies, Inc., NEC Corporation, Netgear, Inc., QNAP Systems, Inc., Seagate Technology LLC, Synology Inc., Western Digital Corporation, and Zyxel Communications Corp.
Scope of the Study
Market Segments Covered in the Report:
By Mount Type- Standalone
- Rackmount
- Hard Disk Drive (HDD)
- Flash Storage
- Hybrid
- 1 TB to 20 TB
- More than 20 TB
- Less than 1 TB
- Cloud/Remote
- On-Premise
- Others
- Business
- Residential
- 4-Bays
- 2-Bays
- 6-Bays
- 1-Bay
- 5-Bays
- Others
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- ASUSTeK Computer Inc.
- D-link Corporation
- Dell Technologies, Inc.
- NEC Corporation
- Netgear, Inc.
- QNAP Systems, Inc.
- Seagate Technology LLC
- Synology Inc.
- Western Digital Corporation
- Zyxel Communications Corp.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Asia Pacific Consumer Network Attached Storage Market by Mount Type
Chapter 6. Asia Pacific Consumer Network Attached Storage Market by Storage Type
Chapter 7. Asia Pacific Consumer Network Attached Storage Market by Storage Capacity
Chapter 8. Asia Pacific Consumer Network Attached Storage Market by Deployment
Chapter 9. Asia Pacific Consumer Network Attached Storage Market by End-user
Chapter 10. Asia Pacific Consumer Network Attached Storage Market by Design
Chapter 11. Asia Pacific Consumer Network Attached Storage Market by Country
Chapter 12. Company Profiles
Companies Mentioned
- ASUSTeK Computer Inc.
- D-link Corporation
- Dell Technologies, Inc.
- NEC Corporation
- Netgear, Inc.
- QNAP Systems, Inc.
- Seagate Technology LLC
- Synology Inc.
- Western Digital Corporation
- Zyxel Communications Corp.
Methodology
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