The global consumer network attached storage market size reached US$ 28.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 67.1 Billion by 2028, exhibiting a growth rate (CAGR) of 15.7% during 2023-2028.
A consumer network attached storage (NAS) refers to a device which is connected to a network for retrieval of data from the central location to the computer systems. It allows continual access to data and gives networks a single access point for storage with built-in security, management and fault-tolerant capabilities. It relies on hardware, software and file-based protocols, such as Network File System (NFS) or Common Internet File System (CIFS). At present, it is widely utilized to enable home theater systems worldwide. It also functions as a file server with remote access to multiple personal computers (PCs) and media players.
Consumer NAS devices enable simple and low-cost systems, such as load-balancing and fault-tolerant email and web servers. Consequently, they are gaining traction for providing centralized storage to computers with large amounts of data. They also function as a print and media server, temporary storage, and backup and archive systems for Internet downloads or video-on-demand (VOD). Moreover, these devices can be combined with the storage area network (SAN) to act as a translator between the file-level and block-level protocols. Additionally, as consumer NAS devices are flexible, their demand is escalating worldwide. With a significant rise in the shift towards data-centric models, the global consumer NAS market growth is further bolstering. Apart from this, rapid modernization, inflating disposable incomes and the emerging trend of connected homes are some of the other factors anticipated to impel the market growth in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global consumer network attached storage market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on design, end user and deployment type.
Breakup by Design:
Above 6 Bays
Breakup by End User:
Breakup by Deployment Type:
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Asustor Inc. (AsusTek Computer Inc.), Buffalo Americas Inc. (Melco Holdings Inc.), D-Link Corporation, Drobo Inc. (Storcentric Inc.), Netgear Inc., QNAP Systems Inc., Synology Inc., Thecus Technology Corporation (Ennoconn), Western Digital Corporation and Zyxel Communications Corp. (Unizyx Holding Corporation).
Base Year of the Analysis
Design, End User, Deployment Type, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Asustor Inc. (AsusTek Computer Inc.), Buffalo Americas Inc. (Melco Holdings Inc.), D-Link Corporation, Drobo Inc. (Storcentric Inc.), Netgear Inc., QNAP Systems Inc., Synology Inc., Thecus Technology Corporation (Ennoconn), Western Digital Corporation and Zyxel Communications Corp. (Unizyx Holding Corporation)
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Key Questions Answered in This Report
The global consumer network attached storage market was valued at US$ 28.7 Billion in 2022.
We expect the global consumer network attached storage market to exhibit a CAGR of 15.7% during 2023-2028.
The growing adoption of consumer network attached services devices for providing centralized storage to computers with large amounts of data, is primarily driving the global consumer network attached storage market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing utilization of consumer network attached storage devices remotely among working professionals for storing data with built-in security, management, and fault-tolerant capabilities.
Based on the design, the global consumer network attached storage market can be bifurcated into 1- bay, 2-bays, 4-bays, 5-bays, 6-bays, and above 6 bays. Among these, 4-bays design holds the majority of the total market share.
Based on the end user, the global consumer network attached storage market has been segregated into home users and businesses. Currently, businesses account for the largest market share.
Based on the deployment type, the global consumer network attached storage market can be divided into on-premises, cloud-based, and hybrid. Among these, hybrid type represents the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global consumer network attached storage market include Asustor Inc. (AsusTek Computer Inc.), Buffalo Americas Inc. (Melco Holdings Inc.), D-Link Corporation, Drobo Inc. (Storcentric Inc.), Netgear Inc., QNAP Systems Inc., Synology Inc., Thecus Technology Corporation (Ennoconn), Western Digital Corporation, and Zyxel Communications Corp. (Unizyx Holding Corporation).
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