Consumer Network Attached Storage Nas Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region:

Description

Small and Medium Enterprises to Drive Global Consumer Network Attached Storage Market Growth

The global consumer network attached storage market is poised for significant growth, with small and medium enterprises (SMEs) taking the lead. According to recent projections, SMEs are expected to maintain their dominance in this market segment in 2024, accounting for close to 60% of the global market revenue share. This growth is fueled by the increasing adoption of network attached storage systems, particularly among smaller organizations seeking cost-effective solutions for data storage.

Residential Segment Emerges as a High-Growth Market:

Among the end-user segments, the residential segment is anticipated to register a high compound annual growth rate (CAGR) during the forecast period. With an expected expansion at a CAGR of 14.0% between 2024 and 2031. The surge in residential segment growth is attributed to the rising popularity of consumer network attached storage systems, offering features like easy installation and efficient backup solutions.

Factors Driving SME Segment Growth:

The rapid adoption of network attached storage systems by SMEs is primarily propelled by the benefits they offer, including shared storage, centralized control, and flexibility in capacity sharing among multiple hosts. Moreover, the deployment of these systems facilitates a reduction in the total cost of ownership for enterprises and small business owners. Compared to traditional client/server storage models, the centralized storage location management provided by network attached storage architecture proves to be more cost-effective and efficient.

North America Leads in Market Expansion:

In the North American region, both the SME and residential segments are poised for substantial growth. The SME segment is projected to be the most attractive segment in terms of revenue during the forecast period, while the residential segment is expected to expand at a remarkable CAGR between 2024 and 2031. Similarly, in Latin America, the SME segment is anticipated to register significant growth during the same period.

APAC Region Witnessing Robust Growth:

The Asia Pacific (APAC) region presents promising opportunities for market expansion, with both SMEs and residential segments experiencing rapid growth. In 2024, the SME segment is expected to dominate the APAC consumer network attached storage market, accounting for more than 60% of the market share. Additionally, the residential segment in APAC is projected to register a robust CAGR between 2024 and 2031.

Competitive Analysis:

Some Key Companies are:

Seagate Technology Public Limited Company
Western Digital Corporation
NEC Corporation
EMC Corporation
D-Link Corporation
ASUSTOR Inc.
QNAP Systems, Inc.
Drobo Inc.
Synology Inc.
Netgear, Inc.
Others

Key Segments Covered

By Design

Rackmount
Standalone

By End User

Residential
Small & Medium Enterprises
Large Enterprises

By Region

North America
Latin America
Europe
Asia Pacific
MEA

1. Executive Summary

1.1. Global Consumer Network Attached Storage Nas Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Consumer Network Attached Storage Nas Market Outlook, 2018 - 2031

3.1. Global Consumer Network Attached Storage Nas Market Outlook, by Design, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Rackmount
  - 3.1.1.2. Standalone
3.2. Global Consumer Network Attached Storage Nas Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Residential
  - 3.2.1.2. Small & Medium Enterprises
  - 3.2.1.3. Large Enterprises
3.3. Global Consumer Network Attached Storage Nas Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Consumer Network Attached Storage Nas Market Outlook, 2018 - 2031

4.1. North America Consumer Network Attached Storage Nas Market Outlook, by Design, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Rackmount
  - 4.1.1.2. Standalone
4.2. North America Consumer Network Attached Storage Nas Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Residential
  - 4.2.1.2. Small & Medium Enterprises
  - 4.2.1.3. Large Enterprises
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Consumer Network Attached Storage Nas Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 4.3.1.2. U.S. Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 4.3.1.3. Canada Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 4.3.1.4. Canada Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Consumer Network Attached Storage Nas Market Outlook, 2018 - 2031

5.1. Europe Consumer Network Attached Storage Nas Market Outlook, by Design, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Rackmount
  - 5.1.1.2. Standalone
5.2. Europe Consumer Network Attached Storage Nas Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Residential
  - 5.2.1.2. Small & Medium Enterprises
  - 5.2.1.3. Large Enterprises
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Consumer Network Attached Storage Nas Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. Germany Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. U.K. Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. U.K. Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.5. France Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 5.3.1.6. France Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.7. Italy Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 5.3.1.8. Italy Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.9. Turkey Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 5.3.1.10. Turkey Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.11. Russia Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 5.3.1.12. Russia Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Consumer Network Attached Storage Nas Market Outlook, 2018 - 2031

6.1. Asia Pacific Consumer Network Attached Storage Nas Market Outlook, by Design, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Rackmount
  - 6.1.1.2. Standalone
6.2. Asia Pacific Consumer Network Attached Storage Nas Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Residential
  - 6.2.1.2. Small & Medium Enterprises
  - 6.2.1.3. Large Enterprises
- 6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Consumer Network Attached Storage Nas Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. China Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. Japan Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. Japan Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. South Korea Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. South Korea Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. India Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. India Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Consumer Network Attached Storage Nas Market Outlook, 2018 - 2031

7.1. Latin America Consumer Network Attached Storage Nas Market Outlook, by Design, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Rackmount
  - 7.1.1.2. Standalone
7.2. Latin America Consumer Network Attached Storage Nas Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Residential
  - 7.2.1.2. Small & Medium Enterprises
  - 7.2.1.3. Large Enterprises
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Consumer Network Attached Storage Nas Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. Brazil Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Mexico Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Mexico Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. Argentina Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. Argentina Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Consumer Network Attached Storage Nas Market Outlook, 2018 - 2031

8.1. Middle East & Africa Consumer Network Attached Storage Nas Market Outlook, by Design, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Rackmount
  - 8.1.1.2. Standalone
8.2. Middle East & Africa Consumer Network Attached Storage Nas Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Residential
  - 8.2.1.2. Small & Medium Enterprises
  - 8.2.1.3. Large Enterprises
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Consumer Network Attached Storage Nas Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. GCC Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. South Africa Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. South Africa Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Egypt Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Egypt Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Nigeria Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Nigeria Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Consumer Network Attached Storage Nas Market by Design, Value (US$ Bn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Consumer Network Attached Storage Nas Market by End User, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Market Share Analysis, 2023
9.2. Competitive Dashboard
9.3. Company Profiles
- 9.3.1. Seagate Technology Public Limited Company
  - 9.3.1.1. Company Overview
  - 9.3.1.2. Product Portfolio
  - 9.3.1.3. Financial Overview
  - 9.3.1.4. Business Strategies and Development
- 9.3.2. Netgear, Inc.
  - 9.3.2.1. Company Overview
  - 9.3.2.2. Product Portfolio
  - 9.3.2.3. Financial Overview
  - 9.3.2.4. Business Strategies and Development
- 9.3.3. Western Digital Corporation
  - 9.3.3.1. Company Overview
  - 9.3.3.2. Product Portfolio
  - 9.3.3.3. Financial Overview
  - 9.3.3.4. Business Strategies and Development
- 9.3.4. NEC Corporation
  - 9.3.4.1. Company Overview
  - 9.3.4.2. Product Portfolio
  - 9.3.4.3. Financial Overview
  - 9.3.4.4. Business Strategies and Development
- 9.3.5. EMC Corporation
  - 9.3.5.1. Company Overview
  - 9.3.5.2. Product Portfolio
  - 9.3.5.3. Financial Overview
  - 9.3.5.4. Business Strategies and Development
- 9.3.6. D-Link Corporation
  - 9.3.6.1. Company Overview
  - 9.3.6.2. Product Portfolio
  - 9.3.6.3. Financial Overview
  - 9.3.6.4. Business Strategies and Development
- 9.3.7. ASUSTOR Inc.
  - 9.3.7.1. Company Overview
  - 9.3.7.2. Product Portfolio
  - 9.3.7.3. Financial Overview
  - 9.3.7.4. Business Strategies and Development
- 9.3.8. QNAP Systems, Inc.
  - 9.3.8.1. Company Overview
  - 9.3.8.2. Product Portfolio
  - 9.3.8.3. Financial Overview
  - 9.3.8.4. Business Strategies and Development
- 9.3.9. Drobo Inc.
  - 9.3.9.1. Company Overview
  - 9.3.9.2. Product Portfolio
  - 9.3.9.3. Financial Overview
  - 9.3.9.4. Business Strategies and Development
- 9.3.10. Synology Inc.
  - 9.3.10.1. Company Overview
  - 9.3.10.2. Product Portfolio
  - 9.3.10.3. Financial Overview
  - 9.3.10.4. Business Strategies and Development
- 9.3.11. Agilent Technologies
  - 9.3.11.1. Company Overview
  - 9.3.11.2. Product Portfolio
  - 9.3.11.3. Financial Overview
  - 9.3.11.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations