The report forecasts the global enterprise NAS market to grow at a CAGR of 21.67% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A major trend influencing the market is the growing implementation of software-defined storage (SDS). SDS involves a form of storage virtualization that separates software services such as data management, data protection, placement of data, and I/O capabilities from the underlying storage infrastructure. This helps increase the flexibility, scalability, and automation of the enterprise storage infrastructure. Importantly, SDS helps reduce overall storage costs for enterprises. SDS is a fundamental component of SDDCs and is gaining popularity among enterprises worldwide.
According to the report, a key growth driver is the need for collaborative working environments. The NAS system enables collaboration among enterprise users by providing a central location for storing business data along with remote access to files stored on the device. The system can be seamlessly integrated with the cloud environment for simplified collaboration and centralized management.
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?