Increasing Demand for High-performance NAS Devices that Complement Business Growth
A report on global network attached storage solutions market by
Transparency Market Research states that the market is projected to witness a
substantial growth in coming years. As per the report, the market is
anticipated to experience a consistent 4% CAGR during the duration of 2019 to
2027. The experts at Transparency Market Research predicts that the growth of
the market is the result of growing concern of the businesses to secure their
immense data over the cloud. Moreover, the sheer magnitude is also pushing the
business towards the global network attached storage solutions market.
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Flexibility of the Storage Solution Plays a Crucial Role
in the Growth
Several businesses are adopting network attached storage
systems because of the benefits like easy integration of the system with their
existing infrastructure. Additionally, the nominal price for installation and
maintenance is something that ensures organizations' data security. This allows
the businesses to plug and play the system as per their convenience. This
benefit is the major reason that is propelling the growth of market from 2019
to 2027. Moreover, the flexibility and scalability of the solutions as the
users can extend the storage capacity depending on their requirements. This
flexibility is also a major factor that boosts the growth of global network
attached storage solutions market during the projected duration.
Also, the architectural benefits like scale-up and scale-out
also plays an important role in popularizing the global network attached
storage solutions market from 2019 to 2027.This feature adds another star to
the lists of benefits that lure a customer towards market.
Competitive Landscape to Boost the Market to US$ 10 Bn
According to the analysis of the global network attached
storage solutions market by the analysts at Transparency Market Research, the
market is highly competitive and fragmented. This nature of the market is
attributed to the presence of several players that dominates the dynamics of
the market. However, it is because of this competition, the players associated
with the market are investing in research and development and bringing several
new products in the market. Due to these innovative solutions and trending
technologies, the market is anticipated to reach to the value of US$ 10 bn by
the end of 2027, says the report.
The global network attached storage solutions market is
segmented on the basis of:
- Component
- Hardware
- Services
- Consulting
- System
Integration
- Support
& Maintenance
- Enterprise
Size
- Small
and Medium Enterprises (SMEs)
- Large
Enterprises
- Industry
- BFSI
- Retail
and e-Commerce
- IT
and Telecommunications
- Media
and Entertainment
- Energy
and Utility
- Government
Offices and Education
- Aerospace
and Defense
- Healthcare
- Manufacturing
- Others
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