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Network-Attached Storage (NAS) Market by Storage Solution (Scale-up, Scale-out), Deployment Type (On-Premise, Remote, Hybrid), End-User Industry (BFSI, Telecommunications & ITeS, Consumer Goods & Retail), and Geography - Global Forecast to 2023

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Date: 06-Jul-2017
No. of pages: 137
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“Network-attached storage (NAS) market projected to grow at a CAGR of 20.1%”

According to the new market research on network-attached storage, this market is expected to be worth USD 45.21 billion by 2023, growing at a CAGR of 20.1% from 2017 to 2023.The growth of the NAS market can be attributed to the increasing dependence on digital content being stored in the cloud environment by SMBs, the proliferation of social media content along with high-speed data transfer technologies such as 4G & 5G, and the need for a large amount of secure data storage devices for video surveillance application. However, the concern about the security of data is hindering the growth of the NAS market

“Hybrid deployment type is expected to grow at the highest rate from 2017 to 2023”

The market for hybrid NAS is expected to witness the highest CAGR from 2017 to 2023.The hybrid system consists of both on-premise and remote deployments where active data are stored in the on-premise system and inactive data are shifted to remote location-based systems. This is also known as disaster recovery management. Such deployment is increasing day-by-day as companies need to keep a backup of the crucial data in case any mishap happens onsite.

“NAS market for the BFSI sector held the largest market share in 2016”

The NAS market for the BFSI sector held the largest market share compared to other end-user industries in 2016.The security of such data is a big concern for the banking and financial sector. Network-attached storage devices offer secure data storage at a lower cost with several scalability options. These advantages ensure the growth and profitability in businesses with high operational efficiency. Thus, NAS devices are widely being used in the BFSI sector.

“NAS market in North America expected to hold the largest market share throughout the forecast period”

This report covers the NAS market in regions including North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is the largest contributor in the overall NAS market. Companies in this region are providing many data storage solutions to various industries. The US is the home to leading NAS manufacturers such as Dell EMC (US), Net App, Inc. (US), Hewlett-Packard Enterprise Company (US), Hitachi Data Systems Corporation (US), Western Digital Corporation (US), NETGEAR, Inc. (US), and others. As this region is an early adopter of technologies, it contributes a major portion of the revenue to the NAS market.

Breakdown of profile of primary participants:


  • By Company Type: Tier 1—65%, Tier 2—15%, and Tier 3—20%

  • By Designation: C-level Executives—55%, Directors—15%, and Others—30%

  • By Region: North America—20%, Europe—10%, APAC—40%, and RoW—30%


The companies that are profiled in the report are Dell EMC (US), NetApp, Inc. (US), Hewlett-Packard Enterprise Company (US), Hitachi Data Systems Corporation (US), Western Digital Corporation (US), NETGEAR, Inc. (US), Synology, Inc. (Taiwan), Buffalo Americas (US), Seagate Technology PLC. (US), and QNAP Systems, Inc. (Taiwan)

Research Coverage:

The report describes various storage types associated with the network-attached storage market and related developments in terms of product launches and product development across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as storage solution, deployment type, end-user industry, and geography. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, vendor DIVE, recent developments, and key market strategies.

Reasons to Buy the Report:


  • This report includes the market statistics pertaining to storage solution, deployment type, end-user industry, and geography along with their respective revenue.

  • Major drivers, restraints, challenges, and opportunities for the NAS market have been detailed in this report.

  • Illustrative segmentation, analysis, and forecast for NAS markets based on storage solution, deployment type, end-user industry, and geography have been provided to give an overall view of the NAS market.

  • A detailed competitive landscape has been provided including key players, in-depth analysis, and revenue of key players, along with the vendor DIVE matrix.

Network-Attached Storage (NAS) Market by Storage Solution (Scale-up, Scale-out), Deployment Type (On-Premise, Remote, Hybrid), End-User Industry (BFSI, Telecommunications & ITeS, Consumer Goods & Retail), and Geography - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary and Primary Research
2.1.1.1 Key Industry Insights
2.1.2 Secondary Data
2.1.2.1 Key Data From Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Interviews With Experts
2.1.3.2 Breakdown of Primaries
2.1.3.3 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the NAS Market
4.2 NAS Market, By End-User Industry and Country
4.3 NAS Market, By Storage Solution and Deployment Type
4.4 NAS Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Value Chain Analysis
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Dependence on Digital Content Being Stored in the Cloud Environment By Small and Mid-Sized Businesses (SMBS)
5.3.1.2 Proliferation of Social Media Content Along With High-Speed Data Transfer Technologies Such as 4g & 5g
5.3.1.3 Need for A Large Amount of Secure Data Storage Devices for Video Surveillance Application
5.3.2 Restraints
5.3.2.1 Security of Data is A Concern When the Data are Stored in A Remote Place
5.3.3 Opportunities
5.3.3.1 Government Initiatives of Increasing Digitization of Data Will Boost the Growth of the NAS Devices
5.3.3.2 Growth of the Internet of Things (IoT) and Big Data Market
5.3.4 Challenges
5.3.4.1 High Latency Involved in Connecting to Storage Devices Hampers the Overall Efficiency of NAS Devices

6 Network-Attached Storage Market, By Storage Solution
6.1 Introduction
6.2 Scale-Up NAS
6.3 Scale-Out NAS

7 Network-Attached Storage Market, By Deployment Type
7.1 Introduction
7.2 On-Premise
7.3 Remote
7.4 Hybrid

8 Network-Attached Storage Market, By End-User Industry
8.1 Introduction
8.2 Banking, Financial Services, and Insurance (BFSI)
8.3 Consumer Goods and Retail
8.4 Telecommunications and Ites
8.5 Healthcare
8.6 Energy
8.7 Government
8.8 Education & Research
8.9 Media & Entertainment
8.10 Manufacturing
8.11 Business & Consulting
8.12 Others

9 Network-Attached Storage Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 APAC
9.5 RoW

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis 2016: NAS Market
10.3 Network-Attached Storage Market (Global) Competitive Leadership Mapping, 2017
10.3.1 Visionary Leaders
10.3.2 Dynamic Differentiators
10.3.3 Innovators
10.3.4 Emerging Companies
10.4 Business Strategy Excellence
10.5 Strength of Product Portfolio

Top 25 Companies Analyzed for This Study are - Dell EMC, Netapp, Inc., HPE Company, Hitachi Data Systems, Western Digital Technologies, Seagate Technology LLC, Netgear, Inc., Synology, Inc., Buffalo Technologies, QNAP Systems, Fujitsu Ltd., IBM Corporation, Cisco, Systems, Lenovo Group Ltd., Oracle Corporation, Toshiba Corporation, Thecus Technology Corporation, Asustor Inc., Avere Systems, Drobo, Inc., D-Link Corporation, Zyxel Communications Corporation, Panasas, Overland Storage, Scality

11 Company Profiles
(Overview, Products Portfolio & Business Strategies, Key Relationships, Recent Developments)*
11.1 Introduction
11.2 Dell EMC
11.3 Netapp, Inc.
11.4 Hewlett Packard Enterprise Company
11.5 Hitachi Data Systems Corporation.
11.6 Western Digital Corporation
11.7 Seagate Technology Public Limited Company (PLC)
11.8 Netgear, Inc.
11.9 Synology, Inc.
11.10 Buffalo Americas, Inc.
11.11 QNAP Systems, Inc.

*Details on Overview, Products Portfolio & Business Strategies, Key Relationships, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables

Table 1 Currency Table
Table 2 List of Major Secondary Sources
Table 3 Global NAS Market, By Storage Solution, 2014–2023 (USD Million)
Table 4 NAS Market for Scale-Up Storage Solution, By Deployment Type, 2014–2023 (USD Million)
Table 5 NAS Market for Scale-Up Storage Solution, By End-User Industry, 2014–2023 (USD Million)
Table 6 NAS Market for Scale-Up Storage Solution, By Geography, 2014–2023 (USD Million)
Table 7 NAS Market for Scale-Out Storage Solution, By Deployment Type, 2014–2023 (USD Million)
Table 8 NAS Market for Scale-Out Storage Solution, By End-User Industry, 2014–2023 (USD Million)
Table 9 NAS Market for Scale-Out Storage Solution, By Geography, 2014–2023 (USD Million)
Table 10 Global NAS Market, By Deployment Type, 2014–2023 (USD Million)
Table 11 On-Premise NAS Market, By Storage Solution Type, 2014–2023 (USD Million)
Table 12 On-Premise NAS Market, By End-Use Industry, 2014–2023 (USD Million)
Table 13 NAS Market for Remote Deployment, By Storage Solution, 2014–2023 (USD Million)
Table 14 NAS Market for Remote Deployment, By End-User Industry, 2014–2023 (USD Million)
Table 15 NAS Market for Hybrid Deployment, By Storage Solution, 2014–2023 (USD Million)
Table 16 NAS Market for Hybrid Deployment, By End-User Industry, 2014–2023 (USD Million)
Table 17 Global NAS Market, By End-User Industry, 2014–2023 (USD Million)
Table 18 NAS Market for the BFSI Industry, By Deployment Type, 2014–2023 (USD Million)
Table 19 NAS Market for the BFSI Industry, By Storage Solution, 2014–2023 (USD Million)
Table 20 NAS Market for the BFSI Industry, By Region, 2014–2023 (USD Million)
Table 21 NAS Market for the Consumer Goods and Retail Industry, By Deployment Type, 2014–2023 (USD Million)
Table 22 NAS Market for the Consumer Goods and Retail Industry, By Storage Solution, 2014–2023 (USD Million)
Table 23 NAS Market for the Consumer Goods and Retail Industry, By Region, 2014–2023 (USD Million)
Table 24 NAS Market for the Telecommunications and Ites Industry, By Deployment Type, 2014–2023 (USD Million)
Table 25 NAS Market for the Telecommunications and Ites Industry, By Storage Solution, 2014–2023 (USD Million)
Table 26 NAS Market for the Telecommunications and Ites Industry, By Region, 2014–2023 (USD Million)
Table 27 NAS Market for the Healthcare Industry, By Deployment Type, 2014–2023 (USD Million)
Table 28 NAS Market for the Healthcare Industry, By Storage Solution, 2014–2023 (USD Million)
Table 29 NAS Market for the Healthcare Industry, By Region, 2014–2023 (USD Million)
Table 30 NAS Market for the Energy Industry, By Deployment Type, 2014–2023 (USD Million)
Table 31 NAS Market for the Energy Industry, By Storage Solution, 2014–2023 (USD Million)
Table 32 NAS Market for the Energy Industry, By Region, 2014–2023 (USD Million)
Table 33 NAS Market for the Government Industry, By Deployment Type, 2014–2023 (USD Million)
Table 34 NAS Market for the Government Industry, By Storage Solution, 2014–2023 (USD Million)
Table 35 NAS Market for the Government Industry, By Region, 2014–2023 (USD Million)
Table 36 NAS Market for the Education & Research Industry, By Deployment Type, 2014–2023 (USD Million)
Table 37 NAS Market for the Education & Research Industry, By Storage Solution, 2014–2023 (USD Million)
Table 38 NAS Market for the Education & Research Industry, By Region, 2014–2023 (USD Million)
Table 39 NAS Market for the Media & Entertainment Industry, By Deployment Type, 2014–2023 (USD Million)
Table 40 NAS Market for Media & Entertainment Industry, By Storage Solution, 2014–2023 (USD Million)
Table 41 NAS Market for the Media & Entertainment Industry, By Region, 2014–2023 (USD Million)
Table 42 NAS Market for the Manufacturing Industry, By Deployment Type, 2014–2023 (USD Million)
Table 43 NAS Market for the Manufacturing Industry, By Storage Solution, 2014–2023 (USD Million)
Table 44 NAS Market for the Manufacturing Industry, By Region, 2014–2023 (USD Million)
Table 45 NAS Market for the Business & Consulting Industry, By Deployment Type, 2014–2023 (USD Million)
Table 46 NAS Market for the Business & Consulting Industry, By Storage Solution, 2014–2023 (USD Million)
Table 47 NAS Market for the Business & Consulting Industry, By Region, 2014–2023 (USD Million)
Table 48 NAS Market for Other Industries, By Deployment Type, 2014–2023 (USD Million)
Table 49 NAS Market for Others Industry, By Storage Solution, 2014–2023 (USD Million)
Table 50 NAS Market for Other Industries, By Region, 2014–2023 (USD Million)
Table 51 NAS Market, By Geography, 2014–2023 (USD Million)
Table 52 NAS Market in North America, By Country, 2014–2023 (USD Million)
Table 53 NAS Market in North America, By Storage Solution, 2014–2023 (USD Million)
Table 54 North America NAS Market, By End-User Industry, 2014–2023 (USD Million)
Table 55 NAS Market in Europe, By Country, 2014–2023 (USD Million)
Table 56 Network-Attached Storage Market in Europe, By Storage Solution, 2014–2023 (USD Million)
Table 57 NAS Market in Europe, By End-User Industry, 2014–2023 (USD Million)
Table 58 NAS Market in APAC, By Country, 2014–2023 (USD Million)
Table 59 NAS Market in APAC, By Storage Solution, 2014–2023 (USD Million)
Table 60 NAS Market in APAC, By End-User Industry, 2014–2023 (USD Million)
Table 61 NAS Market in RoW, By Region, 2014–2023 (USD Million)
Table 62 NAS Market in RoW, By Storage Solution, 2014–2023 (USD Million)
Table 63 NAS Market in RoW, By End-User Industry, 2014–2023 (USD Million)
Table 64 Ranking of the Key Players in the Network Attached Storage (Nas) Market, 2016

List of Figures

Figure 1 Market Segmentation
Figure 2 Network-Attached Storage Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 NAS Market, By Storage Solution, 2017 and 2023 (USD Billion)
Figure 7 NAS Market, By Deployment Type, 2014–2023 (USD Billion)
Figure 8 NAS Market Share (In Terms of Value), By End-User Industry (2017 & 2023)
Figure 9 Global NAS Market, in Terms of Value, By Geography, 2016
Figure 10 Use of NAS Devices By Small- and Mid-Sized Enterprises to Propel the Growth of the NAS Market During the Forecast Period
Figure 11 BFSI Sector Held the Largest Share of the NAS Market, in Terms of Value, in 2016
Figure 12 On-Premise Deployment of NAS Devices Held the Largest Share of the NAS Market in 2016
Figure 13 China to Register the Highest Growth Rate in the NAS Market, in Terms of Value, During the Forecast Period
Figure 14 NAS Market, Value Chain Analysis, 2016
Figure 15 Growing SMBS Act as Major Driving Factors for the NAS Market
Figure 16 Network-Attached Storage Market, By Storage Solution
Figure 17 Global Scale-Out-Based NAS Storage Solution Market, By Geography, 2017 and 2023 (USD Million)
Figure 18 Network-Attached Storage Market, By Deployment Type
Figure 19 Healthcare Industry Vertical is Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 20 NAS Market, By End-User Industry
Figure 21 NAS Market for the BFSI Industry, By Region, 2017 and 2023 (USD Million)
Figure 22 NAS Market for the Telecommunications and Ites Industry, By Storage Solution, 2017 and 2023 (USD Million)
Figure 23 NAS Market for Energy Industry, By Region, 2017 and 2023 (USD Million)
Figure 24 NAS Market for the Media & Entertainment Industry, By Region, 2017 and 2023 (USD Million)
Figure 25 NAS Market for the Business & Consulting Industry, By Deployment Type, 2017 and 2023 (USD Million)
Figure 26 Network-Attached Storage Market, By Geography
Figure 27 China is Expected to Grow at the Highest CAGR in the Global NAS Market, By Country, 2017–2023
Figure 28 US is Expected to Hold the Largest Share of the North American NAS Market Between 2017–2023
Figure 29 UK is Expected to Hold the Largest Share of the European NAS Market Between 2017–2023
Figure 30 NAS Market in Europe, By End-User Industry, 2017 and 2023 (USD Million)
Figure 31 Japan is Expected to Hold the Largest Share of the NAS Market in APAC Between 2017 and 2023
Figure 32 NAS Market in APAC, By End-User Industry, 2017 and 2023 (USD Million)
Figure 33 MEA is Expected to Hold the Largest Share of the NAS Market in RoW Throughout the Forecast Period
Figure 34 Companies Adopted New Product Development as the Key Growth Strategy Between 2014 and 2017
Figure 35 Competitive Leadership Mapping
Figure 36 Netapp, Inc.: Company Snapshot
Figure 37 Hewlett Packard Enterprise Company: Company Snapshot
Figure 38 Hitachi Ltd.: Company Snapshot
Figure 39 Western Digital Corporation: Company Snapshot
Figure 40 Seagate Technology PLC.: Company Snapshot
Figure 41 Netgear, Inc.: Company Snapshot

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