BANGALORE, December 12, 2016 /PRNewswire/ --
Beige Market Intelligence announces publication of an exclusive report on "Global Consumer and Enterprise NAS Market Strategic Assessment and Forecast Till 2021". The global market research report which consists of more than 150 pages, 27 key sections and 97 exhibits provides an in-depth analysis of the worldwide consumer and enterprise NAS market. This report provides the present scenario 2015-2016 and growth aspect of the global consumer and enterprise NAS market till 2021.
A Network Attached Storage ( NAS ) is a low-cost server-based storage devices which is attached to a network and allow storage and retrieval of data from a centralised location to the authorised users. It can be remotely accessible and easy to operate, because, it doesn't require professionals to operate. Individual users can also operate and use NAS for their storage requirement. It also requires low-maintenance.
Worldwide consumer and enterprise NAS market is expected to grow at a CAGR closed to 24% during the period 2015−2021
Analyst at Beige Market Intelligence says that along with the SOHO, and SMBs the large enterprises are also going to witness a huge growth. A significant growth in data and piling up of unstructured data will enhance the demand for storage devices. The report outlines the major driving factors which are going to drive the global market till 2021. Increased demand of smart home and home automation which uses the NAS is among the other major driving factors explained in the report. NAS is highly economical and secure than cloud. A detailed analysis between cloud storage and NAS storage cost comparison have been mentioned in the report.
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The individual consumer segment will witness a growth in unit shipment however the revenue contribution may decline till 2021
Among the user segments; the individual consumer and large enterprise segments are going to witness a decline in their market revenue. In terms of unit shipment, the individual consumer segment will still witness growth in unit shipment; however, due to pressure on the ASP, the revenue contribution from this segment will decline. The report contains the market share and revenue for each segment of the global consumer and enterprise NAS market such as
By User Type (In Revenue and Shipment)
- Consumer NAS
- SOHO NAS
- SMB NAS
- SME NAS
- Large Enterprise NAS
By Geography (In Revenue and Shipment)
- North America
- Latin America
- Middle-East and Africa
For each region, the report provides break down by user type i.e. Consumer, SOHO, SME, SMB, and Large Enterprises
By Top Countries (US, UK, China, Japan)
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The North American market has shown significant growth in shipment of NAS products than other geographies
In 2015, North America accounted for more than 1/3 market share, and led the worldwide NAS storage market. It was followed by Europe, where Nordic region is showing the potential growth. The reason being, increasing use of NAS by individual consumer, SOHO, SMBs. However, almost 30% of large data centers in North America are upgrading their storage requirement for next 10 years. In Europe, the declining ASP of NAS devices is expected to pull down its contribution to the overall market by a bit. APAC is the most emerging geography, which is going to witness a CAGR of 27.26%, and going to witness significant increase in market share.
Apple is the market leader in the US in the consumer segment and Dell EMC is a leader in the large enterprise NAS user segment
The competition in NAS market is intense in the individual consumer and SOHO segment, and it is expected to intensify further. It will lead to an intense price war among vendors, which will increase the shipment but reduce their profit margins. Vendors holding strong position in developed world such as the US, the UK, and Japan are not dominant player in developing world such as BRICS or Southeast Asia and vice-versa. This competition trend is similar in all the user segments of the market. Seagate, NETGEAR, QNAP, and Synology are the vendors, who are going to retain their market hold for a longer period. The major players identified within the report are
- Buffalo Technology
- Dell EMC
- Hitachi Data System
- NETGEAR, QNAP
- Western Digital.
Other Vendors are Asustor, Cisco system, Direct Data Networks, Drobo, Fujitsu, LeiCie Group S.A., Lenovo EMC, Nfina Technology, Oracle, Overland Storage, Promise Technology, Quantum, Tegile, Thecus, Transporter, Unylogix, X-IO Technologies, and Zyxel.
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SOURCE Beige Market Intelligence LLP