Network Attached Storage (NAS) Market

Network Attached Storage (NAS) Market Analysis by Solution (Hardware, Software), by Product (Enterprise NAS Solutions, Midmarket NAS Solutions), by Storage Solution (Scale-up, Scale-out), by Design, by Deployment Type, by End-User Industry - Global Forecast 2022 to 2032

Analysis of Network Attached Storage (NAS) market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Network Attached Storage (NAS) Market Outlook 2022 to 2032

Global network attached storage (NAS) industry revenue stood at US$ 26.9 Billion in FY 2021, and is forecast to reach US$ 31.1 Billion, registering a Y-o-Y expansion rate worth 15.61% in 2022. The market is poised to embark on a positive trajectory, documenting a 14% value CAGR from 2022 to 2032. The market is projected to reach US$ 115.2 Billion by 2032.

Report Attributes Details
Anticipated Base Year Value (2021) US$ 26.9 Billion
Expected Current Market Value (2022) US$ 31.1 Billion
Projected Forecast Value (2032) US$ 115.2 Billion
Global Growth Rate (2022 to 2032) 14% CAGR
Growth Rate of the U.S Market (2022 to 2032) 13.8% CAGR
Anticipated Market Value of China (2032) US$ 13.3 Billion
Dollar Opportunity in the U.K Market (2022 to 2032) US$ 3.4 Billion
Key Companies Profiled in the Global Network Attached Storage (NAS) Market Dell Technologies Inc.; NetApp, Inc.; HEWLETT PACKARD ENTERPRISE COMPANY; Hitachi, Ltd; WESTERN DIGITAL CORPORATION; SEAGATE TECHNOLOGY PUBLIC LIMITED COMPANY; NETGEAR, Inc.; Synology, Inc.; Buffalo Americas, Inc.; QNAP Systems, Inc.; Drobo, Inc.; ASUSTOR Inc.

Overall, the NAS landscape is poised to yield an absolute dollar opportunity worthUS$ 84.1 Billionuntil 2032. Sales of NAS for software will continue to flourish, with a documented CAGR of15.2%from 2015 to 2021. By deployment type, on-premises network attached storage (NAS) registered high growth, documenting a CAGR of14.8%from 2015 to 2021.

Market demand for network attached storage (NAS) is expected to remain the highest in the U.S, reaching a value ofUS$ 39.8 Billionin 2032. North America will continue to lead the market, with opportunities worthUS$ 46.31 Billionduring the forecast period.

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Network Attached Storage (NAS) Revenue Analysis 2015 to 2021 vs. Market Outlook 2022 to 2032

According to market research and competitive intelligence provider Fact.MR, the network attached storage industry grew at a CAGR of 15.7% from 2015 to 2021. The mainstream use of IoT and smart connected devices such as smartphones, tablets, and laptops has grown the demand for network attached storage (NAS) solutions from 2015 to 2021.

Network attached storage is an ideal solution for offices that need to share data effectively between multiple workstations or departments. Mobile data drives efficiency and productivity within a company and team and empowers all processes in an organization. NSA offers a solution that supports sharing data among multiple systems, enabling multiple clients to access data from the same NAS storage facility at the same time.

Various companies have implemented remote working practices in response to COVID-19. This resulted in the need for cloud-based solutions in various organizations. On top of this, the outbreak had a significant effect on the use of the internet and data. To accommodate the increasing demand for network attached storage (NAS) around the world, manufacturers focused on building new types of storage facilities to meet this demand in the market.

A shortage of raw materials has also led to businesses increasing their production costs since the business activities were suspended. The rising need for data storage is causing network attached storage sales to grow after the COVID-19 pandemic.

Prominent Growth Drivers Influencing Network Attached Storage (NAS) Market Growth

Small and Mid-Size Business Prevalence Increase Growth of NAS across Different Industries

Due to the highly competitive business environment, organizations are working on various ways to differentiate their products and stand out in the market. With the rapid progress of technology, enterprises find themselves constantly under pressure to make improvements to their existing products and services, which is why they need to provide dependable and effective post-sales support in the market. Moreover, the importance of building strong storage spaces for data storage becomes imperative as new markets emerge.

For companies to prosper faster, they reach out to indirect channels to stay ahead of the competition. NAS manufacturers provide branded solutions and announce new market opportunities in order to improve security and expand the capacities of data storage. The cost-effectiveness of NAS in smaller offices has made them popular among small and medium-sized businesses. NAS can store data directly on hard drives and is designed for using external hard drives for data storage.

Increasing backup demand and digital transformations are driving competition in the market

The increasing reliance of small and medium enterprises (SMEs) on cloud-based storage is increasing the demand for NAS in the market. Significant demand for digitization along with the presence of digital content, the proliferation of social media, a growing number of high-speed data transmission technologies like 4G and 5G, and the need for a large number of secure devices to support video surveillance applications, can further drive the growth of the NAS market. Due to the increasing adoption of NAS systems in enterprise environments, organizations are increasingly implementing customized NAS solutions as standalone data management solutions in the market.

Furthermore, the network attached storage market is predicted to grow significantly over the forecast period due to its attributes, such as versatility, ease of use, and relatively low operating costs, compared with conventional storage methods. NAS demand is expected to grow in the market due to the increasing demand for advanced technologies and the adoption of next-generation wireless internet technologies in the market.

Growing demand for remote work and virtual offices, data resiliency plan implementations, and increasing demand for employees requiring remote access to network resources are fuelling the growth of NAS technology. In addition to data retrieval and storage, NAS allows clients and users to access their files from a centralized location. With the increasing demand for big data analytics and data mining applications in the market, the NAS market has witnessed significant growth over the past few years.

Furthermore, use of 5G technology and the sales of electronic gadgets on the market have been driving the demand for NAS in the market. Increasing demand for the development of smart cities, agriculture, and manufacturing are likely to boost the market for NAS in the future.

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Key Challenges Impacting Network Attached Storage (NAS) Industry Growth

Risks of Data Breaches and Data Security may Deter Adoption

As NAS provides file-sharing services through a network connection, making it vulnerable to cyber-attacks, thus making it a potential cybersecurity threat. The security implications restrain the market growth of network attached storage as a result of their inherent vulnerabilities. This is expected to hamper the growth of the network attached storage market during the forecast period.

The rising costs of storage and heavy use of NAS are likely to clog up shared networks and negatively affect users. Backup requirements for clients, cannot be met directly. Clients have to use the installed operating system to obtain the data backup which might be a major reason for the market to decline in the future.

NAS may face barriers to the market growth due to bandwidth concerns for remotely hosted NAS systems. NAS appliances are limited by their resources, and as more users request access, performance degrades, leaving the users frustrated. As a result, there will be a slowdown in the economic growth of the sector.

Comparative View of Adjacent Network Attached Storage (NAS) Markets

Attributes Network Attached Storage (NAS)
CAGR (2022 to 2032) 14%
Growth Factor Growing demand for cutting-edge networking solutions, and an increased focus on digital transformation.
Opportunity Cloud storage services are being combined with existing NAS systems to provide storage provisioning for a variety of suppliers which will provide opportunity for the growth of the market.
Trend Network attached storage (NAS) and software-as-a-service (SaaS) deployment based on pay-as-you-go to grow in future.
Attributes Consumer Network Attached Storage (NAS) Market
CAGR (2022 to 2032) 13%
Growth Factor Network-attached storage is rapidly gaining popularity as a means to achieve cost-effective data storage solutions.
Opportunity A NAS system can lower the total cost of ownership for small and medium sized companies.
Trend As server-less backups become more efficient with network attached storage, the market for backup systems will continue to grow in future.
Attributes Multiprotocol Storage Market
CAGR (2022 to 2032) 11.51%
Growth Factor With the growing number of technological advancements and innovations occurring around the globe, the industry is expected to grow.
Opportunity Growing investment in R&D activities by telecom sector can be attributed to the digital transformation that has been driven by both the private and public sectors provide opportunities for the manufacturers in the market.
Trend The emergence of 5G as well as other technologies such as VR, AR, MR, and the increasing popularity of the Internet of Things (IoT) are some of the upcoming trends expected in the near future.

Know thy Competitors

Competitive landscape highlights only certain players
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Country-wise Analysis

How will the Demand for Network Attached Storage Grow in the U.S Market?

Streamlining Operations by Implementing Best Business Practices to Further Grow Market

Due to its early implementation of advanced analytics solutions requiring huge storage requirements, the United States enjoys the largest market share in the market. This is expected to continue in future years. Industry services, retail, and transportation sectors account for the majority of the 13.8% CAGR of digital transformation market share in the United States. The report predicts that the region will generate revenue of US$ 39.8 Billion by 2032 while generating a dollar opportunity of US$ 28.9 Billion during the said assessment period.

Additionally, the expansion of the number of small and medium businesses (SMBs) in this region is expected to contribute to the development of the network attached storage (NAS) market during the forecast period. Due to the increased use of big data, cloud services and mobile devices, revenue has increased for IT companies, allowing them to develop new business models. In the near future, the market will continue to grow in the region as server costs decline and cloud computing tools gain acceptance.

Will China Offer Adequate Growth Opportunities for Networks in the Future?

Widespread Digitalization of Business Networks Encourages the Adoption of Network Attached Storage

Business in China has experienced significant digitization over the years, as major business giants provide services and solutions that aid in the simplification of business processes. China has emerged as one of the top digital transformation leaders globally.

The NAS market in China is predicted to grow at a CAGR of 13.3%, which provides promising market growth prospects. The growing use of smartphones and other devices is attributed to the fact that they have become more and more prevalent in this region. The growth of the regional market is primarily driven by the growth of 5G networks and the Internet of Things.

In response to the improvement of the infrastructure within the network, an increase in the use of electronic gadgets for accessing the data has significantly increased market demand for NAS in the market. Consumers are increasingly seeking ways to share media files that are fast, easy, and cost-effective. As a result of the increased use of social media platforms for video surveillance, the NAS market has grown significantly in this region.

What are the Growth Prospects for Network Attached Storage in the U.K?

Demand for high-capacity storage devices to magnify NAS uptake

The presence of big tech companies and massive R&D investments are some of the driving factors in this region. With increasing consumer demand and the benefits offered by the consumer, the UK holds a significant market share in network attached storage solutions in this region.

The market for the UK is expected to grow at a CAGR of 12.9% during the forecast period. As per Fact.MR’s report, the U.K market is expected to reach US$ 4.8 Billion in 2032, generating a dollar opportunity worth US$ 3.4 Billion during the said period of assessment.

Technology start-ups, particularly in the UK, are increasingly deploying NAS as a means of saving data. As a result, the NAS market in the UK will continue to grow significantly in the coming years. Due to an increase in disposable income, coupled with the increase in purchasing power of individuals, the U.K. NAS market is expected to grow at a rapid speed. In addition to the government initiatives to protect data centers and data space, the use of NAS products has also seen an increase in demand for NAS in the region.

Country-wise Forecast CAGRs in the Network Attached Storage Market

U.S

13.8%

U.K

12.9%

China

13.3%

Japan

12.3%

South Korea

11.6%

Category-wise Insights

By Component, which Segment is expected to post Maximum Gains?

NAS Software to remain most Sought After

Based on the solution the market is segmented into hardware and software solutions in the market. As far as software solutions are concerned, the market is anticipated to hold the largest share during the forecasted period. The market for software solutions is expected to grow at a CAGR of 13.6% during the forecast period.

NAS is becoming a key component of enterprise IT systems, and growing network automation and software-defined NAS are the major factors driving the market. The increasing demand for high-bandwidth environments combined with self-repairing software to minimize data loss and a low file corruption rate in the NAS market will drive the growth. Cloud services, which provide users with remote access and even synchronization of data on devices connected to the Internet, are in high demand.

Based on Deployment, which Category is Likely to Prevail?

On-Premises Network Attached Storage to be Most Widely Deployed

On-premises is expected to experience significant growth, documenting a 13.3% value CAGR from 2022 to 2032, concludes Fact.MR’s report. NAS on-premises is well-positioned to become increasingly popular in the coming years as a way of giving users total access to their data, along with cloud-based backup and archiving methods.

On-premise deployments solve problems such as data archiving that many organizations struggle with. The on-premise NAS systems are one of the most commonly used solutions in the world for small-and medium-sized IT businesses. Market players are turning their attention towards improving the security of these systems in order to provide a more secure data storage and accessibility solution. The cost of storing data is a sunk cost that is independent of the level of usage.

Network Attached Storage Market - Competitive Landscape

Prominent network attached storage service providers are reliant on offering new and enhanced services to potential clients, as well as forging partnership agreements, acquiring small to medium-sized players, and filing of patents or other regulatory approvals to remain afloat in the market. Some prominent developments in this field are as follows:

  • In October 2021, Dell Technologies unveiled new additions to its PowerScale portfolio. In addition to eliminating data silos and helping to make better use of unstructured data, Dell's NAS solution improves flexible consumption, data management, and security capabilities. PowerScale and Archive nodes are among the new features, Dell added that the changes will improve performance by 75%.
  • In October 2021, Hitachi Vantara capitalized on the medium-sized business segment with its NVMe flash systems. Hitachi has added 2u E590 and E790 models to its Virtual Storage Platform (VSP) E Series lineup. Hitachi's new storage arrays support raw NVMe flash capacities of 360 TB each. Its main difference is in the number of cores: E790 comes with 64, and E590 comes with 24.

Key Segments Covered in Network Attached Storage (NAS) Market Report

  • By Solution :

    • Hardware
    • Software
  • By Design :

    • NAS from 1 to 8 Bays
    • NAS from 8 to 12 Bays
    • NAS from 12 to 20 Bays
    • NAS of more than 20-Bays
  • By Product :

    • Enterprise NAS
    • MidmarketNAS
  • By Storage Solution :

    • Scale-upNAS
    • Scale-outNAS
  • By Deployment Type :

    • On-premisesNAS
    • RemoteNAS
    • Hybrid NAS
  • By End-User Industry :

    • Banking, Financial Services, and Insurance (BFSI)
    • Consumer Goods and Retail
    • Telecommunications and ITES
    • Healthcare
    • Energy
    • Government
    • Education and Research
    • Media and Entertainment
    • Manufacturing
    • Business and Consulting
    • Other End-User Industries (Aerospace & Defense, Automotive, Food Processing, and Logistics)
  • By Region :

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Risks and Trends Assessment
  • 4. Market Background
  • 5. Key Success Factors
  • 6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032
  • 7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
  • 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Solution
    • 8.1. Hardware
    • 8.2. Software
  • 9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Design
    • 9.1. 1 to 8 Bays
    • 9.2. 8 to 12 Bays
    • 9.3. 12 to 20 Bays
    • 9.4. More than 20 Bays
  • 10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Product
    • 10.1. Enterprise NAS Solutions
    • 10.2. Midmarket NAS Solutions
  • 11. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Storage Solution
    • 11.1. Scale-up NAS
    • 11.2. Scale-out NAS
  • 12. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By End-User Industry
    • 12.1. Banking, Financial Services, and Insurance (BFSI)
    • 12.2. Consumer Goods and Retail
    • 12.3. Telecommunications and ITES
    • 12.4. Healthcare
    • 12.5. Energy
    • 12.6. Government
    • 12.7. Education and Research
    • 12.8. Media and Entertainment
    • 12.9. Manufacturing
    • 12.10. Business and Consulting
    • 12.11. Others (Aerospace & Defense, Automotive, Food Processing, and Logistics)
  • 13. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Deployment Type
    • 13.1. On-premises
    • 13.2. Remote
    • 13.3. Hybrid
  • 14. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
    • 14.1. North America
    • 14.2. Latin America
    • 14.3. Europe
    • 14.4. Asia Pacific
    • 14.5. Middle East and Africa (MEA)
  • 15. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 16. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 17. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 18. Asia Pacific Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 19. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 20. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 21. Market Structure Analysis
  • 22. Competition Analysis
    • 22.1. Dell Technologies Inc.
    • 22.2. NetApp, Inc.
    • 22.3. Hewlett Packard Enterprise Company
    • 22.4. Hitachi, Ltd
    • 22.5. Western Digital Corporation
    • 22.6. Seagate Technology Public Limited Company
    • 22.7. NETGEAR, Inc.
    • 22.8. Synology, Inc.
    • 22.9. Buffalo Americas, Inc.
    • 22.10. QNAP Systems, Inc.
    • 22.11. Drobo, Inc.
    • 22.12. ASUSTOR Inc.
  • 23. Assumptions and Acronyms Used
  • 24. Research Methodology

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List Of Table

Table 1: Global Market Value (US$ Mn),By Deployment Type , 2015 to 2021

Table 2: Global Market Value (US$ Mn),By Deployment Type , 2022 to 2032

Table 3: Global Market Value (US$ Mn), By Solution , 2015 to 2021

Table 4: Global Market Value (US$ Mn), By Solution , 2022 to 2032

Table 5: Global Market Value (US$ Mn), By Product, 2015 to 2021

Table 6: Global Market Value (US$ Mn), By Product, 2022 to 2032

Table 7: Global Market Value (US$ Mn), By Design , 2015 to 2021

Table 8: Global Market Value (US$ Mn), By Design , 2022 to 2032

Table 9: Global Market Value (US$ Mn), By Storage Solution , 2015 to 2021

Table 10: Global Market Value (US$ Mn), By Storage Solution , 2022 to 2032

Table 11: Global Market Value (US$ Mn), By End-User Industry , 2015 to 2021

Table 12: Global Market Value (US$ Mn), By End-User Industry , 2022 to 2032

Table 13: Global Market, By Region, 2015 to 2021

Table 14: Global Market, By Region, 2022 to 2032

Table 15: North America Market Value (US$ Mn),By Deployment Type , 2015 to 2021

Table 16: North America Market Value (US$ Mn),By Deployment Type , 2022 to 2032

Table 17: North America Market Value (US$ Mn), By Solution , 2015 to 2021

Table 18: North America Market Value (US$ Mn), By Solution , 2022 to 2032

Table 19: North America Market Value (US$ Mn), By Product, 2015 to 2021

Table 20: North America Market Value (US$ Mn), By Product, 2022 to 2032

Table 21: North America Market Value (US$ Mn), By Design , 2015 to 2021

Table 22: North America Market Value (US$ Mn), By Design , 2022 to 2032

Table 23: North America Market Value (US$ Mn), By Storage Solution , 2015 to 2021

Table 24: North America Market Value (US$ Mn), By Storage Solution , 2022 to 2032

Table 25: North America Market Value (US$ Mn), By End-User Industry , 2015 to 2021

Table 26: North America Market Value (US$ Mn), By End-User Industry , 2022 to 2032

Table 27: North America Market, By Country, 2015 to 2021

Table 28: North America Market, By Country, 2022 to 2032

Table 29: Latin America Market Value (US$ Mn),By Deployment Type , 2015 to 2021

Table 30: Latin America Market Value (US$ Mn),By Deployment Type , 2022 to 2032

Table 31: Latin America Market Value (US$ Mn), By Solution , 2015 to 2021

Table 32: Latin America Market Value (US$ Mn), By Solution , 2022 to 2032

Table 33: Latin America Market Value (US$ Mn), By Product, 2015 to 2021

Table 34: Latin America Market Value (US$ Mn), By Product, 2022 to 2032

Table 35: Latin America Market Value (US$ Mn), By Design , 2015 to 2021

Table 36: Latin America Market Value (US$ Mn), By Design , 2022 to 2032

Table 37: Latin America Market Value (US$ Mn), By Storage Solution , 2015 to 2021

Table 38: Latin America Market Value (US$ Mn), By Storage Solution , 2022 to 2032

Table 39: Latin America Market Value (US$ Mn), By End-User Industry , 2015 to 2021

Table 40: Latin America Market Value (US$ Mn), By End-User Industry , 2022 to 2032

Table 41: Latin America Market, By Country, 2015 to 2021

Table 42: Latin America Market, By Country, 2022 to 2032

Table 43: Europe Market Value (US$ Mn),By Deployment Type , 2015 to 2021

Table 44: Europe Market Value (US$ Mn),By Deployment Type , 2022 to 2032

Table 45: Europe Market Value (US$ Mn), By Solution , 2015 to 2021

Table 46: Europe Market Value (US$ Mn), By Solution , 2022 to 2032

Table 47: Europe Market Value (US$ Mn), By Product, 2015 to 2021

Table 48: Europe Market Value (US$ Mn), By Product, 2022 to 2032

Table 49: Europe Market Value (US$ Mn), By Design , 2015 to 2021

Table 50: Europe Market Value (US$ Mn), By Design , 2022 to 2032

Table 51: Europe Market Value (US$ Mn), By Storage Solution , 2015 to 2021

Table 52: Europe Market Value (US$ Mn), By Storage Solution , 2022 to 2032

Table 53: Europe Market Value (US$ Mn), By End-User Industry , 2015 to 2021

Table 54: Europe Market Value (US$ Mn), By End-User Industry , 2022 to 2032

Table 55: Europe Market, By Country, 2015 to 2021

Table 56: Europe Market, By Country, 2022 to 2032

Table 57: Asia Pacific Market Value (US$ Mn),By Deployment Type , 2015 to 2021

Table 58: Asia Pacific Market Value (US$ Mn),By Deployment Type , 2022 to 2032

Table 59: Asia Pacific Market Value (US$ Mn), By Solution , 2015 to 2021

Table 60: Asia Pacific Market Value (US$ Mn), By Solution , 2022 to 2032

Table 61: Asia Pacific Market Value (US$ Mn), By Product, 2015 to 2021

Table 62: Asia Pacific Market Value (US$ Mn), By Product, 2022 to 2032

Table 63: Asia Pacific Market Value (US$ Mn), By Design , 2015 to 2021

Table 64: Asia Pacific Market Value (US$ Mn), By Design , 2022 to 2032

Table 65: Asia Pacific Market Value (US$ Mn), By Storage Solution , 2015 to 2021

Table 66: Asia Pacific Market Value (US$ Mn), By Storage Solution , 2022 to 2032

Table 67: Asia Pacific Market Value (US$ Mn), By End-User Industry , 2015 to 2021

Table 68: Asia Pacific Market Value (US$ Mn), By End-User Industry , 2022 to 2032

Table 69: Asia Pacific Market, By Country, 2015 to 2021

Table 70: Asia Pacific Market, By Country, 2022 to 2032

Table 71: MEA Market Value (US$ Mn),By Deployment Type , 2015 to 2021

Table 72: MEA Market Value (US$ Mn),By Deployment Type , 2022 to 2032

Table 73: MEA Market Value (US$ Mn), By Solution , 2015 to 2021

Table 74: MEA Market Value (US$ Mn), By Solution , 2022 to 2032

Table 75: MEA Market Value (US$ Mn), By Product, 2015 to 2021

Table 76: MEA Market Value (US$ Mn), By Product, 2022 to 2032

Table 77: MEA Market Value (US$ Mn), By Design , 2015 to 2021

Table 78: MEA Market Value (US$ Mn), By Design , 2022 to 2032

Table 79: MEA Market Value (US$ Mn), By Storage Solution , 2015 to 2021

Table 80: MEA Market Value (US$ Mn), By Storage Solution , 2022 to 2032

Table 81: MEA Market Value (US$ Mn), By End-User Industry , 2015 to 2021

Table 82: MEA Market Value (US$ Mn), By End-User Industry , 2022 to 2032

Table 83: MEA Market, By Country, 2015 to 2021

Table 84: MEA Market, By Country, 2022 to 2032

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List Of Figures

Figure 1: Global Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 2: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn

Figure 3: Global Market Share, By Deployment Type , 2022 & 2032

Figure 4: Global Market Y-o-Y Growth Projections, By Deployment Type – 2022 to 2032

Figure 5: Global Market Attractiveness Index, By Deployment Type – 2022 to 2032

Figure 6: Global Market Share, By Solution , 2022 & 2032

Figure 7: Global Market Y-o-Y Growth Projections, By Solution – 2022 to 2032

Figure 8: Global Market Attractiveness Index, By Solution – 2022 to 2032

Figure 9: Global Market Share, By Design , 2022 & 2032

Figure 10: Global Market Y-o-Y Growth Projections, By Design – 2022 to 2032

Figure 11: Global Market Attractiveness Index, By Design – 2022 to 2032

Figure 12: Global Market Share, By End-User Industry , 2022 & 2032

Figure 13: Global Market Y-o-Y Growth Projections, By End-User Industry – 2022 to 2032

Figure 14: Global Market Attractiveness Index, By End-User Industry – 2022 to 2032

Figure 15: Global Market Share, By Product, 2022 & 2032

Figure 16: Global Market Y-o-Y Growth Projections, By Product – 2022 to 2032

Figure 17: Global Market Attractiveness Index, By Product – 2022 to 2032

Figure 18: Global Market Share, By Storage Solution , 2022 & 2032

Figure 19: Global Market Y-o-Y Growth Projections, By Storage Solution – 2022 to 2032

Figure 20: Global Market Attractiveness Index, By Storage Solution – 2022 to 2032

Figure 21: Global Market Share, By Region, 2022 & 2032

Figure 22: Global Market Y-o-Y Growth Projections, By Region – 2022 to 2032

Figure 23: Global Market Attractiveness Index, By Region – 2022 to 2032

Figure 24: North America Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 25: North America Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn

Figure 26: North America Market Share, By Deployment Type , 2022 & 2032

Figure 27: North America Market Y-o-Y Growth Projections, By Deployment Type – 2022 to 2032

Figure 28: North America Market Attractiveness Index, By Deployment Type – 2022 to 2032

Figure 29: North America Market Share, By Solution , 2022 & 2032

Figure 30: North America Market Y-o-Y Growth Projections, By Solution – 2022 to 2032

Figure 31: North America Market Attractiveness Index, By Solution – 2022 to 2032

Figure 32: North America Market Share, By Design , 2022 & 2032

Figure 33: North America Market Y-o-Y Growth Projections, By Design – 2022 to 2032

Figure 34: North America Market Attractiveness Index, By Design – 2022 to 2032

Figure 35: North America Market Share, By Product, 2022 & 2032

Figure 36: North America Market Y-o-Y Growth Projections, By Product – 2022 to 2032

Figure 37: North America Market Attractiveness Index, By Product – 2022 to 2032

Figure 38: North America Market Share, By Storage Solution , 2022 & 2032

Figure 39: North America Market Y-o-Y Growth Projections, By Storage Solution – 2022 to 2032

Figure 40: North America Market Attractiveness Index, By Storage Solution – 2022 to 2032

Figure 41: North America Market Share, By End-User Industry , 2022 & 2032

Figure 42: North America Market Y-o-Y Growth Projections, By End-User Industry – 2022 to 2032

Figure 43: North America Market Attractiveness Index, By End-User Industry – 2022 to 2032

Figure 44: North America Market Share, By Country, 2022 & 2032

Figure 45: North America Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 46: North America Market Attractiveness Index, By Country – 2022 to 2032

Figure 47: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 48: Latin America Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn

Figure 49: Latin America Market Share, By Deployment Type , 2022 & 2032

Figure 50: Latin America Market Y-o-Y Growth Projections, By Deployment Type – 2022 to 2032

Figure 51: Latin America Market Attractiveness Index, By Deployment Type – 2022 to 2032

Figure 52: Latin America Market Share, By Solution , 2022 & 2032

Figure 53: Latin America Market Y-o-Y Growth Projections, By Solution – 2022 to 2032

Figure 54: Latin America Market Attractiveness Index, By Solution – 2022 to 2032

Figure 55: Latin America Market Share, By Design , 2022 & 2032

Figure 56: Latin America Market Y-o-Y Growth Projections, By Design – 2022 to 2032

Figure 57: Latin America Market Attractiveness Index, By Design – 2022 to 2032

Figure 58: Latin America Market Share, By Product, 2022 & 2032

Figure 59: Latin America Market Y-o-Y Growth Projections, By Product – 2022 to 2032

Figure 60: Latin America Market Attractiveness Index, By Product – 2022 to 2032

Figure 61: Latin America Market Share, By Storage Solution , 2022 & 2032

Figure 62: Latin America Market Y-o-Y Growth Projections, By Storage Solution – 2022 to 2032

Figure 63: Latin America Market Attractiveness Index, By Storage Solution – 2022 to 2032

Figure 64: Latin America Market Share, By End-User Industry , 2022 & 2032

Figure 65: Latin America Market Y-o-Y Growth Projections, By End-User Industry – 2022 to 2032

Figure 66: Latin America Market Attractiveness Index, By End-User Industry – 2022 to 2032

Figure 67: Latin America Market Share, By Country, 2022 & 2032

Figure 68: Latin America Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 69: Latin America Market Attractiveness Index, By Country – 2022 to 2032

Figure 70: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 71: Europe Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn

Figure 72: Europe Market Share, By Deployment Type , 2022 & 2032

Figure 73: Europe Market Y-o-Y Growth Projections, By Deployment Type – 2022 to 2032

Figure 74: Europe Market Attractiveness Index, By Deployment Type – 2022 to 2032

Figure 75: Europe Market Share, By Solution , 2022 & 2032

Figure 76: Europe Market Y-o-Y Growth Projections, By Solution – 2022 to 2032

Figure 77: Europe Market Attractiveness Index, By Solution – 2022 to 2032

Figure 78: Europe Market Share, By Design , 2022 & 2032

Figure 79: Europe Market Y-o-Y Growth Projections, By Design – 2022 to 2032

Figure 80: Europe Market Attractiveness Index, By Design – 2022 to 2032

Figure 81: Europe Market Share, By Product, 2022 & 2032

Figure 82: Europe Market Y-o-Y Growth Projections, By Product – 2022 to 2032

Figure 83: Europe Market Attractiveness Index, By Product – 2022 to 2032

Figure 84: Europe Market Share, By Storage Solution , 2022 & 2032

Figure 85: Europe Market Y-o-Y Growth Projections, By Storage Solution – 2022 to 2032

Figure 86: Europe Market Attractiveness Index, By Storage Solution – 2022 to 2032

Figure 87: Europe Market Share, By End-User Industry , 2022 & 2032

Figure 88: Europe Market Y-o-Y Growth Projections, By End-User Industry – 2022 to 2032

Figure 89: Europe Market Attractiveness Index, By End-User Industry – 2022 to 2032

Figure 90: Europe Market Share, By Country, 2022 & 2032

Figure 91: Europe Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 92: Europe Market Attractiveness Index, By Country – 2022 to 2032

Figure 93: Asia Pacific Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 94: Asia Pacific Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn

Figure 95: Asia Pacific Market Share, By Deployment Type , 2022 & 2032

Figure 96: Asia Pacific Market Y-o-Y Growth Projections, By Deployment Type – 2022 to 2032

Figure 97: Asia Pacific Market Attractiveness Index, By Deployment Type – 2022 to 2032

Figure 98: Asia Pacific Market Share, By Solution , 2022 & 2032

Figure 99: Asia Pacific Market Y-o-Y Growth Projections, By Solution – 2022 to 2032

Figure 100: Asia Pacific Market Attractiveness Index, By Solution – 2022 to 2032

Figure 101: Asia Pacific Market Share, By Design , 2022 & 2032

Figure 102: Asia Pacific Market Y-o-Y Growth Projections, By Design – 2022 to 2032

Figure 103: Asia Pacific Market Attractiveness Index, By Design – 2022 to 2032

Figure 104: Asia Pacific Market Share, By Product, 2022 & 2032

Figure 105: Asia Pacific Market Y-o-Y Growth Projections, By Product – 2022 to 2032

Figure 106: Asia Pacific Market Attractiveness Index, By Product – 2022 to 2032

Figure 107: Asia Pacific Market Share, By Storage Solution , 2022 & 2032

Figure 108: Asia Pacific Market Y-o-Y Growth Projections, By Storage Solution – 2022 to 2032

Figure 109: Asia Pacific Market Attractiveness Index, By Storage Solution – 2022 to 2032

Figure 110: Asia Pacific Market Share, By End-User Industry , 2022 & 2032

Figure 111: Asia Pacific Market Y-o-Y Growth Projections, By End-User Industry – 2022 to 2032

Figure 112: Asia Pacific Market Attractiveness Index, By End-User Industry – 2022 to 2032

Figure 113: Asia Pacific Market Share, By Country, 2022 & 2032

Figure 114: Asia Pacific Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 115: Asia Pacific Market Attractiveness Index, By Country – 2022 to 2032

Figure 116: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 117: MEA Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn

Figure 118: MEA Market Share, By Deployment Type , 2022 & 2032

Figure 119: MEA Market Y-o-Y Growth Projections, By Deployment Type – 2022 to 2032

Figure 120: MEA Market Attractiveness Index, By Deployment Type – 2022 to 2032

Figure 121: MEA Market Share, By Solution , 2022 & 2032

Figure 122: MEA Market Y-o-Y Growth Projections, By Solution – 2022 to 2032

Figure 123: MEA Market Attractiveness Index, By Solution – 2022 to 2032

Figure 124: MEA Market Share, By Design , 2022 & 2032

Figure 125: MEA Market Y-o-Y Growth Projections, By Design – 2022 to 2032

Figure 126: MEA Market Attractiveness Index, By Design – 2022 to 2032

Figure 127: MEA Market Share, By Product, 2022 & 2032

Figure 128: MEA Market Y-o-Y Growth Projections, By Product – 2022 to 2032

Figure 129: MEA Market Attractiveness Index, By Product – 2022 to 2032

Figure 130: MEA Market Share, By Storage Solution , 2022 & 2032

Figure 131: MEA Market Y-o-Y Growth Projections, By Storage Solution – 2022 to 2032

Figure 132: MEA Market Attractiveness Index, By Storage Solution – 2022 to 2032

Figure 133: MEA Market Share, By End-User Industry , 2022 & 2032

Figure 134: MEA Market Y-o-Y Growth Projections, By End-User Industry – 2022 to 2032

Figure 135: MEA Market Attractiveness Index, By End-User Industry – 2022 to 2032

Figure 136: MEA Market Share, By Country, 2022 & 2032

Figure 137: MEA Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 138: MEA Market Attractiveness Index, By Country – 2022 to 2032

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the growth outlook for the network attached storage (NAS) market until 2032?

The network attached storage (NAS) market is expected to flourish at a 14% CAGR from 2022-2032

At what value will the network attached storage (NAS) industry close in 2032?

Fact.MR expects the market for network attached storage (NAS) to reach US$ 115.2 Billion by 2032

Which component is likely to benefit the most in the global network attached storage (NAS) market?

Network attached storage (NAS) for software will likely dominate, registering an 13.6% CAGR

How will the Chinese market perform in the network attached storage (NAS) domain?

China is anticipated to generate dollar growth opportunity worth US$ 8.4 Billion, with respect to network attached storage

What is the expected growth rate for the network attached storage (NAS) industry in U.S.?

According to Fact.MR, the U.S is expected to experience a CAGR of 13.8% until 2032

What are the opportunities for network attached storage (NAS) in the U.K?

The U.K market for network attached storage (NAS) is forecast to reach US$ 4.8 Billion by 2032

By deployment, which category will account for maximum revenue expansion?

On-premises network attached storage (NAS) will experience maximum growth, at a CAGR of 13.3%

By 2022-end, what is the expected market value for partner relationship management software?

As of 2022, the network attached storage (NAS) market is forecast to reach a valuation of US$ 31.1 Billion

What was the documented value CAGR for the market from 2015-2021?

From 2015-2021, network attached storage (NAS) uptake surged at a 15.7% CAGR

What's the market value for network attached storage (NAS) in 2021?

As of 2021, network attached storage (NAS) market value reached US$ 26.9 Billion

Network Attached Storage (NAS) Market

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