Consumer Network Attached Storage (CNAS) Market Trends, Business Overview, Industry Growth and Forecast to 2031

The global consumer network attached storage market is expected to grow at a significant CAGR during the forecast period (2024-2031). A networked appliance with storage discs that provides file-based storage services to devices across a network is known as network-attached storage. It also supports other servers in avoiding data being sent to other servers on the network, as is the case with Direct-attached Storage (DAS).

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The global consumer network attached storage market is primarily driven by low production costs and ease of installation, as well as data network sharing, which improves the user’s data accessibility within the in-house or office network. The global consumer network attached storage market is being driven by innovative solution offerings such as cloud backup solutions that can be connected with the consumer network attached storage system. Individuals’ increased purchasing power as a result of rising disposable income is expected to drive market growth. Furthermore, an increase in the amount of data that has to be kept among persons, such as videos and photographs, is one of the key drivers driving the global consumer network attached storage market.

The HITACHI VSP 5000 was released in March of 2021. It’s the fastest NVME flash array in the world. It offers workload variety and can handle everything from mainframe to container workloads. It uses a combination of NVMe and SAS to improve performance and reduce workload costs. Legacy systems gain capabilities due to powerful virtualization. It’s a simple and quick switch to NVMe and SCM over Fabrics (NVMe-oF).

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Market Coverage

  • Segment Covered-

o             By Design

o             By Product

o             By Storage Solution

o             By Deployment Type

o             By End-User

  • Competitive Landscape: Symantec, Palo Alto Networks, Cisco Systems Inc., McAfee, FireEye.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominates the market in base year?
  • Which segment and region will project fastest growth in the market?
  • How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Consumer Network Attached Storage (CNAS) Market by Segments

By Design

  • 1Bay to 8 Bays
  • 8 Bays to 12 Bays
  • 12 Bays to 20 Bays
  • More than 20-bays

By Product

  • Enterprise NAS Solutions
  • Midmarket NAS Solutions

By Storage Solution

  • Scale-up NAS
  • Scale-out NAS

By Deployment Type

  • On-premises
  • Remote
  • Hybrid

By End-User

  • Banking, Financial, Services Insurance (BFSI)
  • Consumer Goods and Retail
  • Telecommunications and ITES
  • Healthcare

 

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