Global Consumer And Smb Nas Market Size 2024, Forecast To 2033
6 Mar, 2024
The consumer and SMB NAS market size has witnessed robust growth in recent years, increasing from $15.65 billion in 2023 to $16.72 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. This growth in the historic period can be attributed to factors such as the expansion of online communities, heightened user safety concerns, adherence to regulations, the surge in e-commerce activities, and the globalization of online platforms. Looking ahead to 2028, the market is expected to continue its strong trajectory, projecting a size of $22.08 billion with a CAGR of 7.2%. Anticipated factors contributing to this growth include social and political changes, real-time moderation requirements, the expansion of virtual events, a focus on inclusion and diversity, and brand reputation management.
Global Consumer And SMB NAS Market Key Driver
The consumer and SMB NAS market are anticipated to experience significant growth, fueled by the increasing need for data storage solutions. Data storage is crucial for storing digital records and information for future use, with end-users seeking cost-effective alternatives to cloud-based storage. As of February 2023, Connectbit reported that approximately 65.28% of individuals utilized personal cloud storage as their primary data storage solution. This growing demand for data storage solutions drives the consumer and SMB NAS market, with market size projections aligned with this trend in 2023, 2024, and 2028.
Get A Free Sample Of The Global Consumer And SMB NAS Market ReportGlobal Consumer And SMB NAS Market Segments
The consumer and smb nas market covered in this report is segmented –
1) By Form: 1-Bay, 2-Bay, 4-Bay, 5-Bay, 6-Bay to 12-Bay
2) By Deployment: On-Premises, Remote Or Cloud, Hybrid
3) By End User: Consumer, Small Office Or Home Office (SOHO), Server Message Block (SMBs), Small And Medium-Sized Enterprises (SMEs)
By Geography:The regions covered in the consumer and smb nas market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the consumer and SMB NAS market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global consumer and SMB NAS market during the forecast period. The regions covered in the consumer and smb nas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Consumer And SMB NAS Industry Players
Apple Inc., ASUSTOR Inc., Buffalo Americas Inc., D-Link Corporation, Drobo Inc., Infortrend Technology Inc., iXsystems Inc., Netgear Inc., Promise Technology Inc., QNAP Systems Inc., Seagate Technology LLC, Synology Inc., Thecus Technology Corp., Toshiba Corp., Western Digital Corporation, Transporter, Zyxel, Iomega Corporation, TerraMaster, Asustek Computer Inc., Cisco Systems Inc., Akitio, SilverStone Technology Co. Ltd., Hewlett Packard Enterprise, Dell Technologies Inc., Acer Inc., Fujitsu Limited, Lenovo Group Limited, Shuttle Inc., Amped Wireless
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Consumer And SMB NAS Market Overview
The consumer and SMB (Server Message Block) NAS (Network-Attached Storage) refers to dedicated file storage that enables multiple users and heterogeneous client devices to retrieve data from centralized disk capacity. These devices needed for storing and processing these video surveillance camera feeds become necessities because 24/7 feeds are difficult to store and process using a direct-attached storage (DAS) appliance.
Consumer And SMB NAS Global Market Report 2023 provides data on the global consumer and smb nas market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The consumer and smb nas market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.