Network Attached Storage (NAS) Market records a CAGR of 9.03%, Emergence of Dell Technologies Inc. and Netapp Inc. as Key Market Contributors - Technavio

NEW YORK, Nov. 1, 2022 /PRNewswire/ -- There are various players in the global NAS market, with a few well-established and dominant manufacturers such as Dell Technologies Inc., Netapp Inc., Hitachi Ltd., NETGEAR Inc., Synology Inc., and Qnap Systems Inc. Major market players mainly focus on developing innovative products and they are constantly increasing their R and D investments. The market is highly competitive, and established vendors have started acquiring smaller and regional players to improve their global reach. The market will also witness the entry of several new players, which will intensify the level of competition among the existing players.

The "Network Attached Storage (NAS) Market by Deployment and Geography - Forecast and Analysis 2022-2026" has been added to Technavio's offerings. The market size is likely to grow by USD 18.61 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 9.03% during the forecast period, according to Technavio.

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• Based on segmentation by Deployment, which is the leading segment in the market?

The network-attached storage (NAS) market share growth by the on-premise segment will be significant during the forecast period. 

• What are the major trends in the market? 

An increase in key development and strategic alliances among vendors, rising demand for NAS among SMEs across end-users, and the explosion of unstructured data undefined are some of the major trends driving the market growth during the forecast period.

• At what rate is the market projected to grow?

The year-over-year growth rate of the market in 2022 is 8.01%.

• What are the key market drivers and challenges?

The rising need for data backup and redundancy with the surge in digital transformations is driving market growth. However, factors such as the increasing incidence of data breaches may challenge market growth.

•  How big is the APAC market

32% of the market's growth will originate from APAC during the forecast period.

The network-attached storage (NAS) market report covers the following areas:

• Network Attached Storage (NAS) Market Size
• Network Attached Storage (NAS) Market Trends
• Network Attached Storage (NAS) Market Industry Analysis

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Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., Infortrend Technology Inc., International Business Machines Corp., NetApp Inc., NETGEAR Inc., Panasas Inc., QNAP Systems Inc., Seagate Technology LLC, StorCentric Inc., Synology Inc., Thecus Technology Corp., Western Digital Corp., ASUSTeK Computer Inc., Buffalo Americas Inc., Buurst Inc., Cisco Systems Inc., D Link Corp., and Dell Technologies Inc. are some of the major market participants. The key offerings of some of these vendors are listed below:

• Hitachi.com - The company offers network-attached storage solutions such as TeraStation 3010 series, and TeraStation 6000 series.
• Netapp.com - The company offers network attached storage solution namely Isilon.
• Netgear.com - The company offers a network-attached storage solution namely StoreEasy Storage.

This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now for detailed vendor information

• Deployment 
• On-premise
• Cloud

The network-attached storage (NAS) market share growth by the on-premise segment will be significant during the forecast period. On-premises NAS solutions are majorly developed and used by large enterprises that have a global presence to gain more control and ownership over their security and the data generated and stored within the application. Organizations apply artificial intelligence (AI) and machine learning (ML) technologies to extract and analyze massive data sets that contain sensitive information. Hence, such organizations prefer to operate through on-premises deployment than in the cloud. Such increasing preference for on-premise deployment will drive the network-attached storage market growth during the forecast period.

• Geography 
• North America
• Europe
• APAC
• South America
• Middle East And Africa

32% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the network attached storage (NAS) market in APAC. The growing adoption of smart connected and IoT devices such as smartphones, tablets, and laptops will facilitate the network-attached storage (NAS) market growth in APAC over the forecast period.

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• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist network attached storage (NAS) market growth during the next five years
• Estimation of the network attached storage (NAS) market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the network attached storage (NAS) market across North America, Europe, APAC, South America, and Middle East and Africa
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of network attached storage (NAS) market vendors

Network Security Firewall Market by Deployment and Geography – Forecast and Analysis 2022-2026: The network security firewall market share is expected to increase by USD 3.04 billion from 2021 to 2026.

Zero Trust Network Access Market by Deployment and Geography – Forecast and Analysis 2022-2026: The zero-trust network access market share is expected to increase by USD 1.41 billion from 2021 to 2026.

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market Definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Deployment

• 5.1 Market segments 
• Exhibit 24: Chart on Deployment - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Deployment - Market share 2021-2026 (%)

• 5.2 Comparison by Deployment 
• Exhibit 26: Chart on Comparison by Deployment
• Exhibit 27: Data Table on Comparison by Deployment

• 5.3 On-premise - Market size and forecast 2021-2026
• Exhibit 28: Chart on On-premise - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on On-premise - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on On-premise - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on On-premise - Year-over-year growth 2021-2026 (%)

• 5.4 Cloud - Market size and forecast 2021-2026
• Exhibit 32: Chart on Cloud - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Cloud - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Cloud - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Cloud - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Deployment 
• Exhibit 36: Market opportunity by Deployment ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026
• Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 France - Market size and forecast 2021-2026
• Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Buffalo Americas Inc. 
• Exhibit 89: Buffalo Americas Inc. - Overview
• Exhibit 90: Buffalo Americas Inc. - Product / Service
• Exhibit 91: Buffalo Americas Inc. - Key offerings

• 10.4 Dell Technologies Inc. 
• Exhibit 92: Dell Technologies Inc. - Overview
• Exhibit 93: Dell Technologies Inc. - Business segments
• Exhibit 94: Dell Technologies Inc. - Key news
• Exhibit 95: Dell Technologies Inc. - Key offerings
• Exhibit 96: Dell Technologies Inc. - Segment focus

• 10.5 Hewlett Packard Enterprise Co. 
• Exhibit 97: Hewlett Packard Enterprise Co. - Overview
• Exhibit 98: Hewlett Packard Enterprise Co. - Business segments
• Exhibit 99: Hewlett Packard Enterprise Co. - Key news
• Exhibit 100: Hewlett Packard Enterprise Co. - Key offerings
• Exhibit 101: Hewlett Packard Enterprise Co. - Segment focus

• 10.6 Hitachi Ltd. 
• Exhibit 102: Hitachi Ltd. - Overview
• Exhibit 103: Hitachi Ltd. - Business segments
• Exhibit 104: Hitachi Ltd. - Key news
• Exhibit 105: Hitachi Ltd. - Key offerings
• Exhibit 106: Hitachi Ltd. - Segment focus

• 10.7 NetApp Inc. 
• Exhibit 107: NetApp Inc. - Overview
• Exhibit 108: NetApp Inc. - Business segments
• Exhibit 109: NetApp Inc. - Key news
• Exhibit 110: NetApp Inc. - Key offerings
• Exhibit 111: NetApp Inc. - Segment focus

• 10.8 NETGEAR Inc. 
• Exhibit 112: NETGEAR Inc. - Overview
• Exhibit 113: NETGEAR Inc. - Business segments
• Exhibit 114: NETGEAR Inc. - Key offerings
• Exhibit 115: NETGEAR Inc. - Segment focus

• 10.9 QNAP Systems Inc. 
• Exhibit 116: QNAP Systems Inc. - Overview
• Exhibit 117: QNAP Systems Inc. - Product / Service
• Exhibit 118: QNAP Systems Inc. - Key offerings

• 10.10 Seagate Technology LLC 
• Exhibit 119: Seagate Technology LLC - Overview
• Exhibit 120: Seagate Technology LLC - Business segments
• Exhibit 121: Seagate Technology LLC - Key news
• Exhibit 122: Seagate Technology LLC - Key offerings
• Exhibit 123: Seagate Technology LLC - Segment focus

• 10.11 Synology Inc. 
• Exhibit 124: Synology Inc. - Overview
• Exhibit 125: Synology Inc. - Product / Service
• Exhibit 126: Synology Inc. - Key offerings

• 10.12 Western Digital Corp. 
• Exhibit 127: Western Digital Corp. - Overview
• Exhibit 128: Western Digital Corp. - Business segments
• Exhibit 129: Western Digital Corp. - Key news
• Exhibit 130: Western Digital Corp. - Key offerings
• Exhibit 131: Western Digital Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 132: Inclusions checklist
• Exhibit 133: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 134: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 135: Research methodology
• Exhibit 136: Validation techniques employed for market sizing
• Exhibit 137: Information sources

• 11.5 List of abbreviations 
• Exhibit 138: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
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Website: www.technavio.com/

SOURCE Technavio

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