Consumer Network Attached Storage (NAS) market size will grow from XX Million in 2018 to XX Million by 2024, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
Deployment of network attached storage systems can facilitate the reduction in total cost of ownership for enterprises and small business owners. Management of a centralized storage location is more cost-effective than managing traditional client/server storage models. Additionally, network attached storage system architecture eliminates the possibility of disk space going unused or disk failure, as storage devices are now consolidated. This further lowers the overall storage costs. Benefits such as lower cost of ownership and a higher Return on Information Management offered by network attached storage devices are expected to further drive the growth of the small and medium enterprises segment. With the integration of high performance backup and restore capability and device sharing, several performance issues can be alleviated. These issues include performance degradation, shrinking backup windows, and extended downtime periods. However, increase in the overall backup operation efficiency with server-less backup offered by network attached storage systems architecture is fueling the growth of the residential segment of the global network attached storage market.
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By Market Players:
Seagate Technology Public Limited Company, Western Digital Corporation, NEC Corporation, EMC Corporation, D-Link Corporation, ASUSTOR Inc., QNAP Systems, Inc., Drobo Inc., Synology Inc., Netgear, Inc.
Rackmount, Standalone ,
By End User
Residential, Small & Medium Enterprises, Large Enterprises
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