Network Attached Storage Devices Market by Advancement, Challenges and Opportunities 2026

Network Attached Storage Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Network Attached Storage Devices Market – Overview

Network attached storage (NAS) is a dedicated file storage device that uses a standard Ethernet connection which provides shared access to files and media. NAS devices enable multiple computers and mobile devices to wirelessly share and access files, video and audio streaming and other features such as computer backup across a network. Furthermore, NAS devices comprise of computer hardware such as hard disk, RAM and software such as operating system to manage access to the files and the network connection. NAS devices are deployed in the network through different approaches such as integrated NAS, NAS gateways, and others such as parallel file system and clustered file system.

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Network Attached Storage Devices Market – Drivers and Restraints

In addition, with rapid technology development and increasing adoption of cloud solutions, companies are integrating cloud technology with NAS devices. For instance, Western Digital Technologies, Inc. based in Irvine, California, the U.S. offers My Cloud NAS solution for small businesses and personal use. Moreover, NAS devices are often used in homes for storing multimedia files and for automated backup. In smart homes, NAS devices are used to provide centralized storage for security systems, internet of things (IoT) components and smart TV. Considering the increasing adoption of NAS devices, companies are developing compact devices to enhance the performance of NAS devices. For instance, Synology, Inc. based in Taiwan launched its compact and scalable NAS device RackStation RS816 for small and medium businesses.

The adoption of NAS devices is increasing due to rising demand from small and large businesses for effective and efficient solutions for storing, managing and accessing contents across the networks. These act as central hub and allow multiple devices to share and access the content. NAS devices also offer redundancy using redundant array of independent disks (RAID) technology to avoid any hard drive failures. As compared to storage area network (SAN), NAS devices provide an affordable storage and backup solutions. All these beneficial features are expected to drive the network attached storage devices market over the forecast period.

However, data recovery from NAS devices after power loss or machine failure is difficult. These devices also consume more bandwidth from TCP/ IP network to deliver efficient storage and access capabilities. These drawbacks are expected restrict the adoption of NAS devices, with users preferring other storage systems such as direct-attached storage (DAS) and SAN However, rising adoption of high-speed networks across small and medium and large enterprises is expected to minimize the impact of these challenges and provide opportunities for NAS devices in the future.

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Network Attached Storage Devices Market – Segmentation

Network attached storage devices market is segmented by product, by end-use and by geography. By product, network attached storage devices market is segmented into low-end, mid-end, and high-end NAS. Based on the end-use, network attached storage devices market is segmented into personal/ home and commercial. Commercial segment is further segmented into small and medium businesses and large businesses. On the basis of geography, network attached storage devices market is segmented into North America, Europe, Asia Pacific, South America and Middle East and Africa. Among these regions, North America region has seen significant growth in network attached storage devices market due to increased adoption of centralized storage systems across businesses and smart homes. Whereas, growth in Asia Pacific and Europe regions is expected to be observed from large scale adoption of NAS devices across fast growing small and medium businesses and increasing demand for efficient network storage solutions.

Network Attached Storage Devices Market – Key Players

The major players in network attached storage devices market include Western Digital Technologies, Inc., Buffalo Americas, Inc., Lenovo Group Ltd., Seagate Technology LLC, Netgear, Inc., Dell, Inc., ioSafe, Inc., D-Link Corporation, Synology, Inc., QNAP Systems, Inc., Drobo, Inc. and Asustor, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

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