Global Scale-Out Network Attached Storage (NAS) Market, By Component (Software and Service), Storage Technology (File Storage, Block Storage and Object Storage), Deployment Type (On-Premises and Cloud), Organization Size (Large Enterprises and Small and Medium Enterprises), Vertical (Banking Financial Services and Insurance, Consumer Goods and Retail, IT and Telecom, Energy, Healthcare, Government, Manufacturing, Education and Academics), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Scale-Out Network Attached Storage (NAS) Market
Increase in the volume of organizational data, growing adoption of scale-out network attached storage (NAS) solutions by small and medium scale organisations and surge in the use of big data analytics are the major factors attributable to the growth of the scale-out network attached storage (NAS) market. Data Bridge Market Research analyses that the scale-out network attached storage (NAS) market will exhibit a CAGR of 21.01% for the forecast period of 2021-2028. This means that the scale-out network attached storage (NAS) market would stand tall at a market value of USD 60.14 billion by 2028.
Scale-out network attached storage (NAS) is a storage structure. In other words, scale-out network attached storage (NAS) is an advanced structure that is used to enhance the storage capacity of disk spaces. This is done by adding and configuring the scale-out network attached storage (NAS) whenever required.
Increased demand for high throughput rate will emerge as the major market growth driving factor. High costs and downtime associated with traditional solutions will further aggravate the growth of the market. Growth in the adoption of cloud based solutions by banking financial services and insurance (BFSI) enterprises, growing demand for latest and improved financial products and services and rise in the demand for operation excellence are some other factors bolstering the growth of market.
However, scale-out network attached storage (NAS) only deals with storage capacity for protecting the data and this will act as a growth restraint for the market. Dearth of skilled personnel or trained expertise and adequate IT infrastructure in developing and underdeveloped economies will yet again hamper the market growth rate.
This scale-out network attached storage (NAS) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on scale-out network attached storage (NAS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Scale-Out Network Attached Storage (NAS) Market Scope and Market Size
The scale-out network attached storage (NAS) market is segmented on the basis of component, storage technology, deployment type, organization size and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- By the component, the scale-out network attached storage (NAS) market is segmented into software and service. Software segment is sub-segmented into high performance computing, data management and integration, data protection, big data and in-memory data grid. Service segment is sub-segmented into professional services and system integration.
- Based on storage technology, the scale-out network attached storage (NAS) market is segmented into file storage, block storage and object storage.
- On the basis of deployment type, the scale-out network attached storage (NAS) market is segmented into on-premises and cloud.
- On the basis of organization size, the scale-out network attached storage (NAS) market has been segmented into large enterprises and small and medium enterprises.
- On the basis of vertical, the scale-out network attached storage (NAS) market is segmented into banking financial services and insurance, consumer goods and retail, IT and telecom, energy, healthcare, government, manufacturing, education and academics.
Global Scale-Out Network attached storage (NAS) Market Country Level Analysis
The scale-out network attached storage (NAS) market is analysed and market size, volume information is provided by country, component, storage technology, deployment type, organization size and vertical as referenced above.
The countries covered in the scale-out network attached storage (NAS) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the scale-out network attached storage (NAS) market and will continue to flourish its trend of dominance during the forecast period owing to the rising adoption of cloud based solutions by small and medium scale enterprises. Asia-Pacific will however, register the highest CAGR for this period. This is because of the increased penetration of big data analytics technology and growing adoption of progressive storage technologies in the region.
The country section of the scale-out network attached storage (NAS) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Scale-Out Network Attached Storage (NAS) Market Share Analysis
The scale-out network attached storage (NAS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to scale-out network attached storage (NAS) market.
The major players covered in the scale-out network attached storage (NAS) market report are Dell, IBM, Nasuni Corporation., Hewlett Packard Enterprise Development LP, NetApp, Hitachi Vantara Corporation, Panasas, Pure Storage, Inc., Tintri by DDN, Inc., Scality Inc., Nexenta by DDN, Inc., Quantum Corporation., Cisco Systems, Inc., SPACE MONKEY MEDIA PROJECT PVT. LTD., QNAP Systems, Inc., Buffalo Americas, Inc., Synology Inc., NETGEAR, Western Digital Corporation and Seagate Technology LLC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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