The global consumer NAS market to grow at a CAGR of 11.01% during the period 2016-2020.
Global Consumer and SMB NAS Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
These systems are being used by individual consumers, small office and home office (SOHO), SMBs, SMEs, and large enterprises. Exabyte of storage capacity is being shipped worldwide every year by vendors, that are being to be used in NAS systems. The NAS systems was introduced with advanced features and benefits and with high-capacity storage than personal DAS and external portable drives.
One trend gaining traction in this market is the emergence of hybrid storage arrays. Hybrid storage arrays include both flash drives and HDDs. They are most suitable for organizations that require exceptional performance for some applications and additional capacity for less critical applications at reduced cost. Few storage arrays also support hybrid arrays. The adoption of these NAS units is very less compared to HDD-based units. However, new systems are being designed with support for both HDDs and SSDs.
According to the report, one driver spurring market growth is the increased need for video surveillance at home. There is an increase in implementation of video surveillance services by home users. Many consumers install surveillance cameras both inside and outside their residences. Using an NAS device for storing and processing these video surveillance camera feeds will become a requirement because 24/7 feeds are difficult to store and process through a DAS appliance.
Further, the report states that the availability of alternative systems will impede market growth during the forecast period. Every consumer owns a laptop or desktop at home, with a DAS of up to 2 TB storage capacity. On an average, 1 TB is sufficient for their use until the disk overflows with data and creates the need for extra storage. In this case, consumers are extending storage through the adoption of external hard drives. Moreover, many individual consumers are unaware of the existence of NAS devices.
- Apple - Buffalo Technology - NETGEAR - QNAP - Seagate - Synology - Western Digital