May 21, 2024

The global “Network Attached Storage Market” size is poised for significant growth, The network attached storage market size was valued at USD 29.72 billion in 2022 and is projected to grow from USD 34.62 billion in 2023 to USD 100.83 billion by 2030, exhibiting a CAGR of 16.5% during 2023-2030. North America dominated the global market with a share of 42.73% in 2022..

The latest global forecast report provides a comprehensive outlook on Network Attached Storage Market share, offering invaluable insights into emerging trends in 2024, market dynamics, and growth opportunities on a global scale. This researched report delves into the intricate details of various sectors, providing stakeholders with a roadmap to navigate the ever-evolving landscape of the global economy.

Network Attached Storage Market Statistics:

The network attached storage market size was valued at USD 29.72 billion in 2022 and is projected to grow from USD 34.62 billion in 2023 to USD 100.83 billion by 2030, exhibiting a CAGR of 16.5% during 2023-2030. North America dominated the global market with a share of 42.73% in 2022.

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Factors Driving Demand in the Global Network Attached Storage Market

Several telecommunication service providers such as T-Mobile US, Inc., Nokia Corporation, AT&T, Telefonaktiebolaget LM Ericsson, and Telefonica S.A. have invested in the 5G services deployments. Increasing investment in 5G and the surge in the sale of millions of devices drive the demand for market growth and the development of smart cities, factories, and smart agriculture. Also, there is a rising demand for several smart applications such as smart city projects and smart homes to be connected to the cloud that generates a massive amount of data. The increasing sale of connected smart devices around the globe with the surge in internet penetration has propelled the market growth. For instance, According to the IDC report, in 2020, the connected devices sale reached around 41 billion devices and is projected to reach approximately 75 billion devices by 2025. Such an increase in the sale of connected devices could generate about 79.4 zettabytes of data by 2025. Such an increase in massive data creates an enormous opportunity for market growth.

Global Analysis of Market Segments:

Network Attached Storage Market Size, Share & COVID-19 Impact Analysis, By Product Type (High-end/Enterprise, Midmarket, and Low-end), By Storage Solution (Scale-up NAS, and Scale-out NAS), By End-user (BFSI, Healthcare, Retail & e-commerce, IT & Telecomm, Automotive, and Others) and Regional Forecasts, 2021-2028

Who is the largest manufactures of Network Attached Storage Market worldwide?

  • Dell Technologies Inc. (U.S.)
  • Western Digital Corporation (U.S.)
  • Synology, Inc.  (Taiwan)
  • QNAP Systems, Inc. (Taiwan)
  • NetApp, Inc. (U.S.)
  • Hewlett Packard Enterprise Company (HPE) (U.S.)
  • Hitachi, Ltd.  (Japan)
  • Seagate Technology Public Limited Company (PLC) (U.S.)
  • NETGEAR, Inc. (U.S.)
  • Buffalo Americas, Inc. (U.S.)

Fortune Business Insights’ comprehensive business report delves deep into these trends, offering valuable data and industry statistics. By leveraging this knowledge, businesses can develop informed strategies. Whether it’s partnering with established players, targeting specific niches, or investing in innovative technologies, the key lies in aligning strategies with the evolving Network Attached Storage Market size dynamics.

Some of the Key Questions Answered in This Report:

  • Detailed Overview of Network Attached Storage Market will help customers and businesses to strategize.
  • Emerging demand and factors influencing the latest trends in the market.
  • Network Attached Storage Market forecast for global market by region, product, applications, end user, technology etc. divided into segments.
  • What trends, challenges, and obstacles will influence the development and sizing of the Global Network Attached Storage Market?
  • SWOT Analysis with profile of each key player identified and five forces analysis to complement Porter’s same.
  • What is the Network Attached Storage Market growth momentum or is the market overflowing during the forecast period?
  • Which region may have the highest market share in the coming period?
  • Which application/end user category or Product Type may be looking for increased growth prospects?
  • Focused approach and constraints Network Attached Storage Market demand?

Network Attached Storage Market Industry Competitive Analysis:

The Network Attached Storage Market report examines competitive scenario by analysing key players in the market. The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

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Regional Analysis of Network Attached Storage Market :

The Regional Analysis section of the Network Attached Storage Market share report provides a nuanced understanding of how geographical factors impact market dynamics and industry growth in 2024. By dissecting data on a regional level, stakeholders gain valuable insights into the unique challenges and opportunities specific to different areas. This in-depth examination of the Network Attached Storage Market size allows businesses to tailor strategies that are not only globally informed but also regionally relevant, ensuring a more targeted and effective approach.

  1. North America:
    • United States: Home to Silicon Valley and numerous tech hubs, the U.S. is a global leader in IT. Companies like Apple, Microsoft, Google, and Amazon are headquartered here. The U.S. has a strong ecosystem for startups, research institutions, and venture capital.
  2. Europe:
    • United Kingdom, Germany, and Scandinavia: These countries have well-developed IT sectors. London and Berlin are notable tech hubs. The European Union focuses on digital transformation, fostering innovation through policies and investments in research and development.
  3. Asia-Pacific:
    • China: A major player in hardware manufacturing, e-commerce, and mobile technology. Cities like Beijing and Shenzhen are tech hubs.
    • India: Known for IT services, software development, and business process outsourcing (BPO). Cities like Bangalore and Hyderabad are prominent IT centers.
    • Japan and South Korea: Known for electronics, robotics, and advancements in technology. Tokyo and Seoul are key technology hubs.
  4. Latin America:
    • Brazil: Developing a strong IT sector, with a focus on software development and IT services. São Paulo is a major tech hub.
    • Mexico: Attracting IT investments, especially in software development and manufacturing. Mexico City and Guadalajara are emerging as tech centers.
  5. Middle East and Africa:
    • Israel: A tech hub known for cybersecurity, software development, and innovation.
    • United Arab Emirates: Dubai is positioning itself as a technology hub, with a focus on smart cities and innovation.
  6. Oceania:
    • Australia and New Zealand: Home to vibrant tech ecosystems, with strengths in software development, telecommunications, and IT services. Sydney and Melbourne are key hubs.

Key Contents for Network Attached Storage Market Research Report:

1. Executive Summary

1.1 Overview

1.2 Key Findings

2. Introduction

2.1 Background

2.2 Scope and Objectives

2.3 Methodology

3. Product Life Cycle Management Market Growth Overview

3.1 Definition and Classification

3.2 Product Life Cycle Management Market Share Drivers

3.3 Market Restraints

3.4 Market Opportunities

3.5 Industry Challenges

4. Global Trends and Forecast

4.1 Overview

4.2 Product Life Cycle Management Industry Share Trends

4.3 Industry Share and Future Outlook

4.4 Growth Prospects

5. Product Life Cycle Management Industry Size Regional Analysis

5.1 North America

5.2 Europe

5.3 Asia-Pacific

5.4 Latin America

5.5 Middle East and Africa

6. Product Life Cycle Management Industry Analysis

6.1 Product Life Cycle Management Market Key Players

6.2 Market Concentration

6.3 Competitive Landscape

6.4 SWOT Analysis

7. Market Segmentation

8. Conclusion

9. Recommendations

10. Appendix

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