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Network Attached Storage Market by Design (1-8 Bays, 8-12 Bays, 12-20 Bays, more than 20 Bays), Product (Enterprise, Mid-market), Storage Solution (Scale-up NAS, Scale-out NAS), Deployment Type, End-user Industry & Region - Global Forecast to 2028

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    Report

  • 349 Pages
  • November 2022
  • Region: Global
  • Markets and Markets
  • ID: 5118096
Description Jump to:

The NAS market is projected to grow from USD 25.7 billion in 2022 and is projected to reach USD 51.0 billion by 2028; it is expected to grow at a CAGR of 12.1% from 2022 to 2028.

The growth of this market is driven by factors such as the growing use of 5G technology, the surging adoption of Internet of Things (IoT) technologies and connected devices, and rising data generation with surge in use of mobile computing devices. 

The market for more than 20 bays segment to grow at a high CAGR during the forecast period.

The more than 20 bays segment of the NAS market is projected to record the highest CAGR during the forecast period. The availability of more bays in the NAS system enables storing of more data generated through daily business activities. The generation of increased data across all industries in the world is creating a need for NAS solutions with improved storage capacity. NAS solutions with more than 20 bays are customized products offered by NAS providers to the end-user industries in this market. Large-scale organizations mostly use these solutions requiring huge data storage, processing, and recovery capacity. With the advent of a large IT industry, technological advancements, and initiatives by the governments of developing countries, including India, Malaysia, and China, toward the digitalization of data and records on a large scale, the demand for these systems is expected to rise during the forecast period. 

The scale-up NAS segment held high market share in 2021.

The scale-up NAS segment held a high market share in 2021. The high market share is credited to the growing adoption of these solutions across educational institutions, homes, mid-sized offices, hotels, and retail stores, where a moderate level of data is generated, and the only requirement is to store this data. A scale-up NAS is a conventional standalone type of NAS system with limited storage and memory. The solution offers low-cost benefits compared to the scale-out solution. These features increase its adoption across NAS market over the forecast timeframe.  

Asia Pacific will be the fastest-growing region in NAS market during the forecast period.

Asia Pacific is expected to be the fastest-growing region in the NAS market during the forecast period. Rapid urbanization and increased investments in R&D by NAS solution providers in Asia Pacific contribute significantly to the increasing demand for NAS systems in the region. To remain competitive in increasing operational efficiency, operational outcomes, and financial profitability, companies in this region are investing a lot in upgrading their IT capabilities. Also, a few major players offering NAS products and services, such as Synology, Inc. (Taiwan) and QNAP Systems, Inc. (Taiwan), are headquartered in this region. The market in this region is expected to grow at a significant pace, mainly led by the growing economies and an increasing number of small and medium-scale businesses, along with mandatory regulations pertaining to digital transformation imposed by the government.
 
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the NAS space. 

The break-up of primary participants for the report has been shown below:

  • By Company Type: Tier 1 - 50%, Tier 2 - 20%, and Tier 3 - 30%
  • By Designation: C-level Executives - 10%, Directors -20%, and Others - 70%
  • By Region: North America -20%, Europe - 15%, Asia Pacific- 55%, and RoW - 10% 

The report profiles key players in the NAS market with their respective market ranking analysis. Prominent players profiled in this report are include Dell Technologies Inc. (US), NetApp, Inc. (US), Hewlett Packard Enterprise Company (US), Hitachi, Ltd. (Japan), Western Digital Corporation (US), Seagate Technology Holdings Public Limited Company (US), NETGEAR, Inc. (US), Synology Inc. (Taiwan), Buffalo Americas, Inc. (US), Pure Storage, Inc. (US), and QNAP Systems, Inc. (Taiwan). Apart from these, Infortrend Technology Inc. (Taiwan), iXsystems, Inc. (US), Spectra Logic Corporation (US), Thecus Technology Corp. (Taiwan), D-Link Corporation (Taiwan), and Panasas (US) are among a few emerging companies in the NAS market.

Research Coverage:

This research report categorizes the NAS market on the basis of design, product, storage solution, deployment type, end-user industry and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the NAS market and forecasts the same till 2028. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the NAS ecosystem.

Key Benefits of Buying the Report

The report would help leaders/new entrants in this market in the following ways:

1. This report segments the NAS market comprehensively and provides the closest market size projection for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product developments and launches, partnerships, and mergers and acquisitions. 
4. The analysis of the top 25 companies, based on the market rank as well as the product footprint will help stakeholders visualize the market positioning of these key players.
5. Patent analysis, trade data, and technological trends that will shape the market in the coming years has also been covered in this report.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions and Exclusions
1.4 Study Scope
1.4.1 Markets Covered
Figure 1 NAS Market: Segmentation
1.4.2 Regional Scope
1.4.3 Years Considered
1.5 Currency Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes

2 Research Methodology
2.1 Research Data
Figure 2 NAS Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews with Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data from Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Supply-Side Analysis
Figure 3 Market Size Estimation Methodology (Supply Side): Revenue of Market Players
2.2.2 Demand-Side Analysis
Figure 4 Estimation Methodology (Demand Side): Demand for Nas, by Product
Figure 5 Estimation Methodology (Demand Side): Demand for NAS for Bfsi End-User Industry Vertical
2.2.3 Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
2.2.3.1 Approach to Derive Market Size Using Bottom-Up Analysis (Demand Side)
2.2.4 Top-Down Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
2.2.4.1 Approach to Derive Market Size Using Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
Figure 8 Data Triangulation
2.4 Research Assumptions
Figure 9 Assumptions
2.5 Risk Assessment
Table 1 NAS Market: Risk Assessment
2.6 Research Limitations

3 Executive Summary
3.1 Growth Rate Assumptions/Forecast
Figure 10 1-8 Bays Segment to Dominate Market During Forecast Period
Figure 11 Midmarket NAS Solutions Segment to Hold Larger Market Share During Forecast Period
Figure 12 Scale-Out NAS Segment to Grow at Higher CAGR During Forecast Period
Figure 13 On-Premises Segment to Account for Largest Market Share During Forecast Period
Figure 14 Healthcare Segment to Exhibit Highest CAGR from 2022 to 2028
Figure 15 North America to Account for Largest Share of NAS Market During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities for Players Operating in NAS Market
Figure 16 Increasing Generation of Unstructured Data from Mobile Computing Devices
4.2 NAS Market, by Design
Figure 17 1-8 Bays Segment to Dominate NAS Market During Forecast Period
4.3 NAS Market, by Product
Figure 18 Midmarket NAS Solutions Segment to Dominate NAS Market During Forecast Period
4.4 NAS Market, by Storage Solution and Deployment Type
Figure 19 Scale-Up NAS and On-Premises Segments to Hold Largest Shares of the NAS Market in 2022
4.5 NAS Market, by End-User Industry
Figure 20 Telecommunications & Ites to Lead NAS Market During Forecast Period
4.6 NAS Market, by Region
Figure 21 North America to Hold the Largest Share of NAS Market in 2022
4.7 NAS Market, by Country
Figure 22 China NAS Market to Register Highest CAGR from 2022 to 2028

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 23 NAS Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Rising Data Generation with Surge in Use of Mobile Computing Devices
5.2.1.2 Surging Adoption of Internet of Things (Iot) Technologies and Connected Devices
5.2.1.3 Growing Use of 5G Technology
Figure 24 NAS Market: Drivers and Their Impact
5.2.2 Restraints
5.2.2.1 Performance-Related Issues Associated with Network-Attached Storage (Nas) Systems
5.2.2.2 Data Security Concerns
Figure 25 NAS Market: Restraints and Their Impact
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of Hybrid Cloud Storage
5.2.3.2 Growing Requirement for Real-Time Data
Figure 26 NAS Market: Opportunities and Their Impact
5.2.4 Challenges
5.2.4.1 Lack of Proper Infrastructure to Secure Data
5.2.4.2 High-Latency Issues Associated with Connecting Storage Devices Over Internet
Figure 27 NAS Market: Challenges and Their Impact
5.3 Technology Analysis
5.3.1 Adjacent Technologies
5.3.1.1 Storage Area Network (San)
5.3.1.2 Direct-Attached Storage (Das)
Table 2 Comparison Between Das, Nas, and San
5.3.2 Developments in Linux and Windows-Based NAS Solutions
5.4 Value Chain Analysis
Figure 28 Global NAS Market: Value Chain Analysis
5.5 Ecosystem Analysis
Figure 29 NAS Market: Ecosystem Analysis
Table 3 Companies and Their Role in NAS Ecosystem
5.6 Trends and Disruptions Impacting Customers’ Businesses
Figure 30 Trends and Disruptions Impacting Customers in NAS Market
5.7 Porter's Five Forces Analysis
Table 4 NAS Market: Porter's Five Forces Analysis
5.7.1 Intensity of Competitive Rivalry
5.7.2 Bargaining Power of Suppliers
5.7.3 Bargaining Power of Buyers
5.7.4 Threat of Substitutes
5.7.5 Threat of New Entrants
5.8 Average Selling Price Analysis
Table 5 Price Range of NAS Offered by Key Players
5.8.1 Average Selling Price of NAS Systems Offered by Key Market Players to Top Three End-User Industries
Figure 31 Average Selling Price of NAS Systems Offered by Key Market Players to Top Three End-User Industries
Table 6 Average Selling Price of NAS Offered by Key Market Players to Top Three End-User Industries (USD)
5.9 Case Study Analyses
5.9.1 Maghub Selected Buurst to Expand Its Cloud Storage Capabilities and Eliminate Costly Rewrite in Publishing Application
5.9.2 Great Barrier Reef Legacy Deploys Qnap NAS on Research Vessel to Protect Marine Research Data
5.9.3 Korean Government Selected Infortrend for Surveillance Projects to Reduce Hardware Footprint by 75%
5.9.4 Itce Systemhaus GmbH Uses Terastation NAS Offered by Buffalo Americas as Storage Target for Private Cloud Backup Service
5.9.5 Huawei Technologies Helped Puregold Enhance Storage Reliability and Performance
5.10 Trade Analysis
Figure 32 Import Data for Hs Code 847170, by Country, 2017-2021 (USD Million)
Figure 33 Export Data for Hs Code 847170, by Country, 2017-2021
5.11 Patent Analysis
Figure 34 Number of Patents Granted, 2012-2021
Figure 35 Top 10 Companies with Highest Number of Patent Applications in Last 10 Years
Table 7 List of Top Patent Owners in Last 10 Years
5.11.1 NAS Market: List of Major Patents
Table 8 NAS Market: List of Major Patents
5.12 Key Conferences and Events, 2022-2023
Table 9 NAS Market: Detailed List of Conferences and Events
5.13 Tariff Analysis
Table 10 Mfn Tariff for Hs Code 847170 Exported by US
Table 11 Mfn Tariff for Hs Code 847170 Exported by China
5.14 Standards and Regulations
5.14.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 RoW: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.14.2 Regulatory Standards
5.14.2.1 Nist Special Publication 800-53
5.14.2.2 Critical Infrastructure Protection Standards
5.14.2.3 Iso/Iec 24775
5.14.2.4 Iso 14001:2015
5.14.3 Government Regulations
5.14.3.1 US
5.14.3.2 Europe
5.14.3.3 China
5.14.3.4 Japan
5.15 Key Stakeholders and Buying Criteria
5.15.1 Key Stakeholders in Buying Process
Figure 36 Influence of Stakeholders on Buying Process for Top Three End-User Industries
Table 16 Influence of Stakeholders on Buying Process for Top Three End-User Industries (%)
5.15.2 Buying Criteria
Figure 37 Key Buying Criteria for Top Three End-User Industries
Table 17 Key Buying Criteria for Top Three End-User Industries

6 NAS Market, by Design
6.1 Introduction
Figure 38 More Than 20 Bays Segment to Register Highest CAGR During Forecast Period
Table 18 NAS Market, by Design, 2018-2021 (USD Million)
Table 19 NAS Market, by Design, 2022-2028 (USD Million)
6.2 1-8 Bays
6.2.1 Growing Adoption of 1-8-Bay NAS Solutions in Small and Medium-Sized Enterprises
6.3 8-12 Bays
6.3.1 Rising Number of Enterprises Using 8-12-Bay NAS Solutions
6.4 12-20 Bays
6.4.1 Rising Demand for 12-20-Bay NAS Solutions from Large Enterprises
6.5 More Than 20 Bays
6.5.1 Rising Demand for NAS Solutions with More Than 20 Bays with Generation of Large Volumes of Data by Large-Scale Businesses

7 NAS Market, by Product
7.1 Introduction
Figure 39 Midmarket NAS Solutions Segment to Register Higher CAGR During Forecast Period
Table 20 NAS Market, by Product, 2018-2021 (USD Million)
Table 21 NAS Market, by Product, 2022-2028 (USD Million)
Table 22 NAS Market, by Product, 2018-2021 (Thousand Units)
Table 23 NAS Market, by Product, 2022-2028 (Thousand Units)
7.2 Enterprise NAS Solutions
7.2.1 Increased Digital Content with Rising Use of Internet
7.3 Midmarket NAS Solutions
7.3.1 Growing Adoption of Midmarket NAS Solutions by Small and Medium-Sized Businesses

8 NAS Market, by Storage Solution
8.1 Introduction
Figure 40 Scale-Out NAS Segment to Register Higher CAGR During Forecast Period
Table 24 NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 25 NAS Market, by Storage Solution, 2022-2028 (USD Million)
8.2 Scale-Up Nas
8.2.1 Low-Cost Architecture of Scale-Up NAS Systems
Table 26 Scale-Up Nas: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 27 Scale-Up Nas: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 28 Scale-Up Nas: NAS Market for On-Premises Deployment, by End-User Industry, 2018-2021 (USD Million)
Table 29 Scale-Up Nas: NAS Market for On-Premises Deployment, by End-User Industry, 2022-2028 (USD Million)
Table 30 Scale-Up Nas: NAS Market for Remote/Cloud Deployment, by End-User Industry, 2018-2021 (USD Million)
Table 31 Scale-Up Nas: NAS Market for Remote/Cloud Deployment, by End-User Industry, 2022-2028 (USD Million)
Table 32 Scale-Up Nas: NAS Market for Hybrid Deployment, by End-User Industry, 2018-2021 (USD Million)
Table 33 Scale-Up Nas: NAS Market for Hybrid Deployment, by End-User Industry, 2022-2028 (USD Million)
Table 34 Scale-Up Nas: NAS Market for Bfsi, by Region, 2018-2021 (USD Million)
Table 35 Scale-Up Nas: NAS Market for Bfsi, by Region, 2022-2028 (USD Million)
Table 36 Scale-Up Nas: NAS Market for Consumer Goods & Retail, by Region, 2018-2021 (USD Million)
Table 37 Scale-Up Nas: NAS Market for Consumer Goods & Retail, by Region, 2022-2028 (USD Million)
Table 38 Scale-Up Nas: NAS Market for Telecommunications & Ites, by Region, 2018-2021 (USD Million)
Table 39 Scale-Up Nas: NAS Market for Telecommunications & Ites, by Region, 2022-2028 (USD Million)
Table 40 Scale-Up Nas: NAS Market for Healthcare, by Region, 2018-2021 (USD Million)
Table 41 Scale-Up Nas: NAS Market for Healthcare, by Region, 2022-2028 (USD Million)
Table 42 Scale-Up Nas: NAS Market for Energy, by Region, 2018-2021 (USD Million)
Table 43 Scale-Up Nas: NAS Market for Energy, by Region, 2022-2028 (USD Million)
Table 44 Scale-Up Nas: NAS Market for Government, by Region, 2018-2021 (USD Million)
Table 45 Scale-Up Nas: NAS Market for Government, by Region, 2022-2028 (USD Million)
Table 46 Scale-Up Nas: NAS Market for Education & Research, by Region, 2018-2021 (USD Million)
Table 47 Scale-Up Nas: NAS Market for Education & Research, by Region, 2022-2028 (USD Million)
Table 48 Scale-Up Nas: NAS Market for Media & Entertainment, by Region, 2018-2021 (USD Million)
Table 49 Scale-Up Nas: NAS Market for Media & Entertainment, by Region, 2022-2028 (USD Million)
Table 50 Scale-Up Nas: NAS Market for Manufacturing, by Region, 2018-2021 (USD Million)
Table 51 Scale-Up Nas: NAS Market for Manufacturing, by Region, 2022-2028 (USD Million)
Table 52 Scale-Up Nas: NAS Market for Business & Consulting, by Region, 2018-2021 (USD Million)
Table 53 Scale-Up Nas: NAS Market for Business & Consulting, by Region, 2022-2028 (USD Million)
Table 54 Scale-Up Nas: NAS Market for Others, by Region, 2018-2021 (USD Million)
Table 55 Scale-Up Nas: NAS Market for Others, by Region, 2022-2028 (USD Million)
Table 56 Scale-Up Nas: North America NAS Market, by Country, 2018-2021 (USD Million)
Table 57 Scale-Up Nas: North America NAS Market, by Country, 2022-2028 (USD Million)
Table 58 Scale-Up Nas: Europe NAS Market, by Country, 2018-2021 (USD Million)
Table 59 Scale-Up Nas: Europe NAS Market, by Country, 2022-2028 (USD Million)
Table 60 Scale-Up Nas: Asia-Pacific NAS Market, by Country, 2018-2021 (USD Million)
Table 61 Scale-Up Nas: Asia-Pacific NAS Market, by Country, 2022-2028 (USD Million)
Table 62 Scale-Up Nas: Row NAS Market, by Region, 2018-2021 (USD Million)
Table 63 Scale-Up Nas: Row NAS Market, by Region, 2022-2028 (USD Million)
8.3 Scale-Out Nas
8.3.1 Growing Demand for Seamless and Scalable Storage Space Over Enterprise Networks
Table 64 Scale-Out Nas: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 65 Scale-Out Nas: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 66 Scale-Out Nas: NAS Market for On-Premises Deployment, by End-User Industry, 2018-2021 (USD Million)
Table 67 Scale-Out Nas: NAS Market for On-Premises Deployment, by End-User Industry, 2022-2028 (USD Million)
Table 68 Scale-Out Nas: NAS Market for Remote/Cloud Deployment, by End-User Industry, 2018-2021 (USD Million)
Table 69 Scale-Out Nas: NAS Market for Remote/Cloud Deployment, by End-User Industry, 2022-2028 (USD Million)
Table 70 Scale-Out Nas: NAS Market for Hybrid Deployment, by End-User Industry, 2018-2021 (USD Million)
Table 71 Scale-Out Nas: NAS Market for Hybrid Deployment, by End-User Industry, 2022-2028 (USD Million)
Table 72 Scale-Out Nas: NAS Market for Bfsi, by Region, 2018-2021 (USD Million)
Table 73 Scale-Out Nas: NAS Market for Bfsi, by Region, 2022-2028 (USD Million)
Table 74 Scale-Out Nas: NAS Market for Consumer Goods & Retail, by Region, 2018-2021 (USD Million)
Table 75 Scale-Out Nas: NAS Market for Consumer Goods & Retail, by Region, 2022-2028 (USD Million)
Table 76 Scale-Out Nas: NAS Market for Telecommunications & Ites, by Region, 2018-2021 (USD Million)
Table 77 Scale-Out Nas: NAS Market for Telecommunications & Ites, by Region, 2022-2028 (USD Million)
Table 78 Scale-Out Nas: NAS Market for Healthcare, by Region, 2018-2021 (USD Million)
Table 79 Scale-Out Nas: NAS Market for Healthcare, by Region, 2022-2028 (USD Million)
Table 80 Scale-Out Nas: NAS Market for Energy, by Region, 2018-2021 (USD Million)
Table 81 Scale-Out Nas: NAS Market for Energy, by Region, 2022-2028 (USD Million)
Table 82 Scale-Out Nas: NAS Market for Government, by Region, 2018-2021 (USD Million)
Table 83 Scale-Out Nas: NAS Market for Government, by Region, 2022-2028 (USD Million)
Table 84 Scale-Out Nas: NAS Market for Education & Research, by Region, 2018-2021 (USD Million)
Table 85 Scale-Out Nas: NAS Market for Education & Research, by Region, 2022-2028 (USD Million)
Table 86 Scale-Out Nas: NAS Market for Media & Entertainment, by Region, 2018-2021 (USD Million)
Table 87 Scale-Out Nas: NAS Market for Media & Entertainment, by Region, 2022-2028 (USD Million)
Table 88 Scale-Out Nas: NAS Market for Manufacturing, by Region, 2018-2021 (USD Million)
Table 89 Scale-Out Nas: NAS Market for Manufacturing, by Region, 2022-2028 (USD Million)
Table 90 Scale-Out Nas: NAS Market for Business & Consulting, by Region, 2018-2021 (USD Million)
Table 91 Scale-Out Nas: NAS Market for Business & Consulting, by Region, 2022-2028 (USD Million)
Table 92 Scale-Out Nas: NAS Market for Others, by Region, 2018-2021 (USD Million)
Table 93 Scale-Out Nas: NAS Market for Others, by Region, 2022-2028 (USD Million)
Table 94 Scale-Out Nas: North America NAS Market, by Country, 2018-2021 (USD Million)
Table 95 Scale-Out Nas: North America NAS Market, by Country, 2022-2028 (USD Million)
Table 96 Scale-Out Nas: Europe NAS Market, by Country, 2018-2021 (USD Million)
Table 97 Scale-Out Nas: Europe NAS Market, by Country, 2022-2028 (USD Million)
Table 98 Scale-Out Nas: Asia-Pacific NAS Market, by Country, 2018-2021 (USD Million)
Table 99 Scale-Out Nas: Asia-Pacific NAS Market, by Country, 2022-2028 (USD Million)
Table 100 Scale-Out Nas: Row NAS Market, by Region, 2018-2021 (USD Million)
Table 101 Scale-Out Nas: Row NAS Market, by Region, 2022-2028 (USD Million)

9 NAS Market, by Deployment Type
9.1 Introduction
Figure 41 Hybrid Segment to Register Highest CAGR in NAS Market from 2022 to 2028
Table 102 NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 103 NAS Market, by Deployment Type, 2022-2028 (USD Million)
9.2 On-Premises
9.2.1 Reduction in Internet Costs and High Security
Table 104 On-Premises: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 105 On-Premises: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 106 On-Premises: NAS Market, by End-User Industry, 2018-2021 (USD Million)
Table 107 On-Premises: NAS Market, by End-User Industry, 2022-2028 (USD Million)
9.3 Remote/Cloud
9.3.1 Low Cost of Ownership Associated with Remote/Cloud Deployment Type
Table 108 Remote/Cloud: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 109 Remote/Cloud: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 110 Remote/Cloud: NAS Market, by End-User Industry, 2018-2021 (USD Million)
Table 111 Remote/Cloud: NAS Market, by End-User Industry, 2022-2028 (USD Million)
9.4 Hybrid
9.4.1 High Agility and Scalability Features of Hybrid Deployment Type
Table 112 Hybrid: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 113 Hybrid: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 114 Hybrid: NAS Market, by End-User Industry, 2018-2021 (USD Million)
Table 115 Hybrid: NAS Market, by End-User Industry, 2022-2028 (USD Million)

10 NAS Market, by End-User Industry
10.1 Introduction
Figure 42 Healthcare Segment to Register Highest CAGR During Forecast Period
Table 116 NAS Market, by End-User Industry, 2018-2021 (USD Million)
Table 117 NAS Market, by End-User Industry, 2022-2028 (USD Million)
10.2 Banking, Financial Services, and Insurance (Bfsi)
10.2.1 Increasing Deployment of NAS Systems in Bfsi Sector with Rise in Data Breaches
Table 118 Bfsi: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 119 Bfsi: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 120 Bfsi: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 121 Bfsi: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 122 Bfsi: NAS Market, by Region, 2018-2021 (USD Million)
Table 123 Bfsi: NAS Market, by Region, 2022-2028 (USD Million)
10.3 Consumer Goods & Retail
10.3.1 Rising Demand for NAS Solutions in Expanding Retail and E-Commerce Industries
Table 124 Consumer Goods & Retail: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 125 Consumer Goods & Retail: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 126 Consumer Goods & Retail: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 127 Consumer Goods & Retail: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 128 Consumer Goods & Retail: NAS Market, by Region, 2018-2021 (USD Million)
Table 129 Consumer Goods & Retail: NAS Market, by Region, 2022-2028 (USD Million)
10.4 Telecommunications & Ites
10.4.1 Surging Demand for Storage Solutions Having High Data Storage Capacity
Table 130 Telecommunications & Ites: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 131 Telecommunications & Ites: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 132 Telecommunications & Ites: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 133 Telecommunications & Ites: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 134 Telecommunications & Ites: NAS Market, by Region, 2018-2021 (USD Million)
Table 135 Telecommunications & Ites: NAS Market, by Region, 2022-2028 (USD Million)
10.5 Healthcare
10.5.1 Rising Demand for NAS Solutions for Effective Data Storage and Management
Table 136 Healthcare: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 137 Healthcare: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 138 Healthcare: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 139 Healthcare: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 140 Healthcare: NAS Market, by Region, 2018-2021 (USD Million)
Table 141 Healthcare: NAS Market, by Region, 2022-2028 (USD Million)
10.6 Energy
10.6.1 Increased Deployment of NAS Solutions in Energy Industry to Ensure High-Speed Data Transfer
Table 142 Energy: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 143 Energy: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 144 Energy: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 145 Energy: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 146 Energy: NAS Market, by Region, 2018-2021 (USD Million)
Table 147 Energy: NAS Market, by Region, 2022-2028 (USD Million)
10.7 Government
10.7.1 Increased Demand for NAS Systems with Growing Need for Robust, Secure, and Low-Cost Storage Infrastructures
Table 148 Government: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 149 Government: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 150 Government: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 151 Government: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 152 Government: NAS Market, by Region, 2018-2021 (USD Million)
Table 153 Government: NAS Market, by Region, 2022-2028 (USD Million)
10.8 Education & Research
10.8.1 Rising Need for NAS Solutions to Ensure Easy and Secure Access to Research Documents, Presentations, and Project Files from Multiple Locations
Table 154 Education & Research: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 155 Education & Research: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 156 Education & Research: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 157 Education & Research: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 158 Education & Research: NAS Market, by Region, 2018-2021 (USD Million)
Table 159 Education & Research: NAS Market, by Region, 2022-2028 (USD Million)
10.9 Media & Entertainment
10.9.1 Increased Adoption of NAS Solutions for Smooth Content Delivery Across Media & Entertainment Industry
Table 160 Media & Entertainment: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 161 Media & Entertainment: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 162 Media & Entertainment: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 163 Media & Entertainment: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 164 Media & Entertainment: NAS Market, by Region, 2018-2021 (USD Million)
Table 165 Media & Entertainment: NAS Market, by Region, 2022-2028 (USD Million)
10.10 Manufacturing
10.10.1 Rising Demand for Advanced NAS Solutions to Track Historical Data Related to Manufacturing and Supply Chain Management
Table 166 Manufacturing: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 167 Manufacturing: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 168 Manufacturing: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 169 Manufacturing: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 170 Manufacturing: NAS Market, by Region, 2018-2021 (USD Million)
Table 171 Manufacturing: NAS Market, by Region, 2022-2028 (USD Million)
10.11 Business & Consulting
10.11.1 Rise in Installation of NAS Systems to Protect Data from Unauthorized Entities
Table 172 Business & Consulting: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 173 Business & Consulting: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 174 Business & Consulting: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 175 Business & Consulting: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 176 Business & Consulting: NAS Market, by Region, 2018-2021 (USD Million)
Table 177 Business & Consulting: NAS Market, by Region, 2022-2028 (USD Million)
10.12 Others
Table 178 Others: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 179 Others: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 180 Others: NAS Market, by Deployment Type, 2018-2021 (USD Million)
Table 181 Others: NAS Market, by Deployment Type, 2022-2028 (USD Million)
Table 182 Others: NAS Market, by Region, 2018-2021 (USD Million)
Table 183 Others: NAS Market, by Region, 2022-2028 (USD Million)

11 Essential Components of NAS Solutions
11.1 Introduction
Figure 43 Essential Components of NAS Solution
Figure 44 NAS Architecture
11.2 Hardware
11.3 Software

12 NAS Market, by Region
12.1 Introduction
Figure 45 Asia-Pacific NAS Market to Register Highest CAGR During Review Period
Table 184 NAS Market, by Region, 2018-2021 (USD Million)
Table 185 NAS Market, by Region, 2022-2028 (USD Million)
12.2 North America
Figure 46 North America: Snapshot of NAS Market
Table 186 North America: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 187 North America: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 188 North America: NAS Market, by End-User Industry, 2018-2021 (USD Million)
Table 189 North America: NAS Market, by End-User Industry, 2022-2028 (USD Million)
Figure 47 Us to Record Highest CAGR in North American NAS Market During Forecast Period
Table 190 North America: NAS Market, by Country, 2018-2021 (USD Million)
Table 191 North America: NAS Market, by Country, 2022-2028 (USD Million)
Table 192 US: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 193 US: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 194 Canada: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 195 Canada: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 196 Mexico: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 197 Mexico: NAS Market, by Storage Solution, 2022-2028 (USD Million)
12.2.1 US
12.2.1.1 Growing Retail and Telecommunications Industries
12.2.2 Canada
12.2.2.1 Increasing Investments in Data Center Infrastructure Development
12.2.3 Mexico
12.2.3.1 Favorable Government Policies to Promote Manufacturing Activities
12.3 Europe
Figure 48 Europe: Snapshot of NAS Market
Table 198 Europe: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 199 Europe: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 200 Europe: NAS Market, by End-User Industry, 2018-2021 (USD Million)
Table 201 Europe: NAS Market, by End-User Industry, 2022-2028 (USD Million)
Figure 49 Germany to Register Highest CAGR in European NAS Market During Forecast Period
Table 202 Europe: NAS Market, by Country, 2018-2021 (USD Million)
Table 203 Europe: NAS Market, by Country, 2022-2028 (USD Million)
Table 204 UK: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 205 UK: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 206 Germany: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 207 Germany: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 208 France: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 209 France: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 210 Rest of Europe: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 211 Rest of Europe: NAS Market, by Storage Solution, 2022-2028 (USD Million)
12.3.1 UK
12.3.1.1 High Demand for Hybrid Storage Solutions in Bfsi Sector and Retail and Telecommunications Industries
12.3.2 Germany
12.3.2.1 Increasing Unstructured Data Generation with Technological Advancements in Automotive Industry
12.3.3 France
12.3.3.1 Government-Led Support to Develop It Infrastructure in Healthcare Sector
12.3.4 Rest of Europe
12.4 Asia-Pacific
Figure 50 Asia-Pacific: Snapshot of NAS Market
Table 212 Asia-Pacific: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 213 Asia-Pacific: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 214 Asia-Pacific: NAS Market, by End-User Industry, 2018-2021 (USD Million)
Table 215 Asia-Pacific: NAS Market, by End-User Industry, 2022-2028 (USD Million)
Figure 51 China to Register Highest CAGR in Asia-Pacific NAS Market During Forecast Period
Table 216 Asia-Pacific: NAS Market, by Country, 2018-2021 (USD Million)
Table 217 Asia-Pacific: NAS Market, by Country, 2022-2028 (USD Million)
Table 218 China: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 219 China: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 220 Japan: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 221 Japan: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 222 India: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 223 India: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 224 South Korea: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 225 South Korea: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 226 Rest of Asia-Pacific: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 227 Rest of Asia-Pacific: NAS Market, by Storage Solution, 2022-2028 (USD Million)
12.4.1 China
12.4.1.1 Increasing Investments by Chinese Telecom Operators in Commercialization of 5G Technology
12.4.2 Japan
12.4.2.1 Favorable Government Initiatives to Increase Adoption of Next-Generation Data Storage Solutions
12.4.3 India
12.4.3.1 Rise in Number of SMEs
12.4.4 South Korea
12.4.4.1 Rising Implementation of IoT Technologies and Big Data Analytics
12.4.5 Rest of Asia-Pacific
12.5 Row
Table 228 RoW: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 229 RoW: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 230 RoW: NAS Market, by End-User Industry, 2018-2021 (USD Million)
Table 231 RoW: NAS Market, by End-User Industry, 2022-2028 (USD Million)
Table 232 RoW: NAS Market, by Region, 2018-2021 (USD Million)
Table 233 RoW: NAS Market, by Region, 2022-2028 (USD Million)
Table 234 Middle East & Africa: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 235 Middle East & Africa: NAS Market, by Storage Solution, 2022-2028 (USD Million)
Table 236 South America: NAS Market, by Storage Solution, 2018-2021 (USD Million)
Table 237 South America: NAS Market, by Storage Solution, 2022-2028 (USD Million)
12.5.1 Middle East & Africa
12.5.1.1 Increasing Investments by Governments in the Development of Healthcare Infrastructure
12.5.2 South America
12.5.2.1 Rising Number of Data Centers

13 Competitive Landscape
13.1 Overview
13.1.1 Overview of Key Growth Strategies Adopted by Major Market Players
Table 238 Overview of Key Growth Strategies Adopted by Major Market Players
13.2 Revenue Analysis
Figure 52 Revenue Analysis of Top 5 Companies in Last 3 Years
13.3 Market Share Analysis (2021)
Table 239 NAS Market: Degree of Competition
13.4 Company Evaluation Matrix
13.4.1 Stars
13.4.2 Emerging Leaders
13.4.3 Pervasive Players
13.4.4 Participants
Figure 53 NAS Market, Company Evaluation Matrix, 2021
13.5 Startup/SME Evaluation Matrix
Table 240 Startups in NAS Market
13.5.1 Progressive Companies
13.5.2 Responsive Companies
13.5.3 Dynamic Companies
13.5.4 Starting Blocks
Figure 54 Startup/SME Evaluation Matrix, 2021
Table 241 Startup/SME Matrix: Detailed List of Key Startups
13.6 Competitive Benchmarking
Table 242 NAS Market: Competitive Benchmarking of Key Startups/SME by End-User Industry
Table 243 NAS Market: Competitive Benchmarking of Key Startups/SME by Region
13.7 NAS Market: Company Footprint
Table 244 Company Footprint
Table 245 Company Design Footprint
Table 246 Company Product Footprint
Table 247 Company Storage Solution Footprint
Table 248 Company Deployment Type Footprint
Table 249 Company End-User Industry Footprint
Table 250 Company Regional Footprint
13.8 Competitive Scenario and Trends
13.8.1 Product Launches
Table 251 Product Launches, 2018-2021
13.8.2 Deals
Table 252 Deals, 2018-2021

14 Company Profiles
14.1 Key Players
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View)*
14.1.1 Dell Technologies Inc.
Table 253 Dell Technologies Inc.: Company Overview
Figure 55 Dell Technologies Inc.: Company Snapshot
Table 254 Dell Technologies Inc.: Product/Solution/Service Offerings
Table 255 Dell Technologies Inc.: Deals
Table 256 Dell Technologies Inc.: Product Launches
14.1.2 Netapp, Inc.
Table 257 Netapp, Inc.: Company Overview
Figure 56 Netapp, Inc.: Company Snapshot
Table 258 Netapp, Inc.: Product/Solution/Service Offerings
Table 259 Netapp, Inc: Deals
Table 260 Netapp, Inc.: Product Launches
14.1.3 Hewlett Packard Enterprise Company
Table 261 Hewlett Packard Enterprise Company (Hpe): Company Overview
Figure 57 Hewlett Packard Enterprise Company: Company Snapshot
Table 262 Hewlett Packard Enterprise Company: Product/Solution/Service Offerings
Table 263 Hewlett Packard Enterprise Company: Deals
Table 264 Hewlett Packard Enterprise Company: Product Launches
14.1.4 Hitachi, Ltd.
Table 265 Hitachi, Ltd.: Company Overview
Figure 58 Hitachi, Ltd.: Company Snapshot
Table 266 Hitachi, Ltd.: Product/Solution/Service Offerings
Table 267 Hitachi, Ltd.: Deals
Table 268 Hitachi, Ltd.: Product Launches
14.1.5 Western Digital Corporation
Table 269 Western Digital Corporation: Company Overview
Figure 59 Western Digital Corporation: Company Snapshot
Table 270 Western Digital Corporation: Product/Solution/Service Offerings
Table 271 Western Digital Corporation: Deals
Table 272 Western Digital Corporation: Product Launches
14.1.6 Seagate Technology Holdings Public Limited Company
Table 273 Seagate Technology Holdings Public Limited Company: Company Overview
Figure 60 Seagate Technology Holdings Public Limited Company: Company Snapshot
Table 274 Seagate Technology Holdings Public Limited Company: Product/Solution/ Service Offerings
Table 275 Seagate Technology Holdings Public Limited Company: Deals
Table 276 Seagate Technology Holdings Public Limited Company: Product Launches
14.1.7 Netgear, Inc.
Table 277 Netgear, Inc.: Company Overview
Figure 61 Netgear, Inc.: Company Snapshot
Table 278 Netgear, Inc.: Product/Solution/Service Offerings
Table 279 Netgear, Inc.: Product Launches
Table 280 Netgear, Inc.: Deals
14.1.8 Synology Inc.
Table 281 Synology Inc.: Company Overview
Table 282 Synology Inc.: Product/Solution/Service Offerings
Table 283 Synology Inc.: Deals
Table 284 Synology Inc.: Product Launches
Table 285 Synology Inc.: Others
14.1.9 Buffalo Americas, Inc.
Table 286 Buffalo Americas, Inc.: Company Overview
Table 287 Buffalo Americas, Inc.: Product/Solution/Service Offerings
Table 288 Buffalo Americas, Inc.: Product Launches
14.1.10 Pure Storage, Inc.
Table 289 Pure Storage, Inc.: Company Overview
Figure 62 Pure Storage, Inc.: Company Snapshot
Table 290 Pure Storage, Inc.: Product/Solution/Service Offerings
Table 291 Pure Storage, Inc.: Deals
Table 292 Pure Storage, Inc.: Product Launches
14.1.11 Qnap Systems, Inc.
Table 293 Qnap Systems, Inc.: Company Overview
Table 294 Qnap Systems, Inc.: Product/Solution/Service Offerings
Table 295 Qnap Systems Inc.: Deals
Table 296 Qnap Systems, Inc.: Product Launches
14.1.12 Drobo, Inc.
Table 297 Drobo, Inc.: Company Overview
Table 298 Drobo, Inc.: Product/Solution/Service Offerings
Table 299 Drobo, Inc.: Deals
14.1.13 Asuator Inc.
Table 300 Asustor Inc.: Company Overview
Table 301 Asustor Inc.: Product/Solution/Service Offerings
Table 302 Asustor Inc.: Deals
Table 303 Asustor Inc.: Product Launches
14.1.14 IBM Corporation
Table 304 IBM Corporation: Company Overview
Figure 63 IBM Corporation: Company Snapshot
Table 305 IBM Corporation: Product/Solution/Service Offerings
Table 306 IBM Corporation: Deals
Table 307 IBM Corporation: Product Launches
14.1.15 Huawei Technologies Co., Ltd.
Table 308 Huawei Technologies Co., Ltd.: Company Overview
Figure 64 Huawei Technologies Co., Ltd.: Company Snapshot
Table 309 Huawei Technologies Co., Ltd.: Product/Solution/Service Offerings
Table 310 Huawei Technologies Co., Ltd.: Product Launches
* Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View Might Not be Captured in Case of Unlisted Companies.
14.2 Other Players
14.2.1 Microsoft Corporation
14.2.2 D-Link Corporation
14.2.3 Thecus Technology Corp.
14.2.4 Infortrend Technology Inc.
14.2.5 Panasas
14.2.6 Buurst Inc.
14.2.7 Nasuni Corporation
14.2.8 Promise Technology Inc.
14.2.9 Spectra Logic Corporation
14.2.10 Ixsystems, Inc.

15 Appendix
15.1 Discussion Guide
15.2 Knowledgestore: The Subscription Portal
15.3 Customization Options

Executive Summary

Companies Mentioned

  • Asuator Inc.
  • Buffalo Americas, Inc.
  • Buurst Inc.
  • D-Link Corporation
  • Dell Technologies Inc.
  • Drobo, Inc.
  • Hewlett Packard Enterprise Company
  • Hitachi, Ltd.
  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Infortrend Technology Inc.
  • Ixsystems, Inc.
  • Microsoft Corporation
  • Nasuni Corporation
  • Netapp, Inc.
  • Netgear, Inc.
  • Panasas
  • Promise Technology Inc.
  • Pure Storage, Inc.
  • Qnap Systems, Inc.
  • Seagate Technology Holdings Public Limited Company
  • Spectra Logic Corporation
  • Synology Inc.
  • Thecus Technology Corp.
  • Western Digital Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages349
PublishedNovember 2022
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 25.7 Billion
Forecasted Market Value ( USD ) by 2028 $ 51 Billion
Compound Annual Growth Rate12.1%
Regions CoveredGlobal
No. of Companies Mentioned25

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