PUBLISHER: The Business Research Company | PRODUCT CODE: 1666519
PUBLISHER: The Business Research Company | PRODUCT CODE: 1666519
Consumer and SMB (Server Message Block) NAS (Network-Attached Storage) represent dedicated file storage solutions designed to facilitate the retrieval of data from centralized disk capacity by multiple users and heterogeneous client devices. These devices play a crucial role in storing and processing video surveillance camera feeds, as the continuous 24/7 feeds pose challenges that cannot be effectively addressed by direct-attached storage (DAS) appliances.
The primary configurations of consumer and SMB NAS devices range from 1-bay to 12-bay. A 1-bay NAS serves as an excellent entry-level enclosure suitable for storing movies, music, and data that do not require additional redundancy backup through RAID. These NAS systems find deployment in various settings, including on-premises, remote/cloud environments, and hybrid setups. End users encompass consumers, small office/home office (SOHO) setups, server message block (SMBs), and small and medium-sized enterprises (SMEs).
The consumer and SMB NAS market research report is one of a series of new reports from The Business Research Company that provides consumer and SMB NAS market statistics, including consumer and SMB NAS industry global market size, regional shares, competitors with a consumer and SMB NAS market share, detailed consumer and SMB NAS market segments, market trends and opportunities, and any further data you may need to thrive in the consumer and SMB NAS industry. This consumer and SMB NAS market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The consumer and smb nas market size has grown strongly in recent years. It will grow from$16.34 billion in 2024 to $17.23 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to online community growth, user safety concerns, adherence to regulations, increased e-commerce activities, globalization of online platforms
The consumer and smb nas market size is expected to see strong growth in the next few years. It will grow to $24.53 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to social and political changes, real-time moderation requirements, expansion of virtual events, inclusion and diversity, brand reputation management. Major trends in the forecast period include blockchain for transparency, cross-platform moderation, multilingual moderation, real-time moderation, video and image moderation, customization and flexibility.
The increasing demand for data storage is anticipated to drive the growth of the consumer and SMB NAS market in the foreseeable future. Data storage involves preserving digital records for future operations, and there is a rising need among end-users to store large volumes of data at a more cost-effective rate than cloud-based storage. As an example, in February 2023, Connectbit, a Singapore-based IT support and WordPress services provider in an enterprise environment, reported that approximately 65.28% of individuals utilized personal cloud storage as their primary data storage method in 2023. Consequently, the escalating demand for data storage is a key driver for the Consumer and SMB NAS market.
The growth of remote access work is poised to propel the consumer and SMB NAS market in the coming years. Remote access for workforce mobility enables employees to access company resources, data, and systems from locations beyond the traditional office setting. Consumers, small and medium-sized businesses (SMBs), and network-attached storage (NAS) users utilize remote access to retrieve their data and files from locations outside their local network. This capability enhances flexibility, collaboration, and productivity, particularly in the context of remote work scenarios. For instance, according to Forbes Media LLC, a US-based media company, in June 2023, it is projected that 12.7% of full-time employees will be working from home, while 28.2% will adopt a hybrid approach. By 2025, an estimated 32.6 million Americans will be working remotely. Thus, the increasing prevalence of remote access work is a significant driver for the consumer and SMB NAS markets.
Leading companies in the consumer and SMB NAS market are concentrating on developing a variety of innovative technologies, including network-attached storage (NAS) array systems, to offer scalable and efficient storage solutions that improve data accessibility, simplify backups, and foster collaboration among users. NAS array systems are dedicated file storage devices connected to a network, providing centralized data access for multiple users and devices. For example, in September 2023, Huawei, a communications technology company based in China, launched the OceanStor Pacific 9920, an entry-level NAS solution designed for scalability and efficiency. With a storage capacity of up to 92TB per node, this system is ideal for businesses seeking cost-effective storage options. It allows for the clustering of nodes to enhance both capacity and performance. Additionally, the 9920 can function as a SAN (Storage Area Network) device, offering versatile data storage capabilities for various enterprise applications. Its adaptability supports a wide range of workloads, improving data accessibility and management.
Strategic partnerships are becoming a cornerstone strategy for major companies operating in the wired consumer and SMB industries. This approach involves leveraging each other's strengths and resources to achieve mutual benefits and success. A case in point is the partnership between Synology Inc., a Taiwan-based developer of high-performance NAS servers, and Redington MEA, a United Arab Emirates-based provider of IT, telecom, and digital lifestyle solutions. Formed in April 2022, this strategic partnership aims to expand market reach, improve product accessibility, strengthen local presence, and drive success for both collaborating entities.
In June 2022, Nasuni Corporation, a leading US-based provider of file data services, acquired Storage Made Easy (SME) for an undisclosed amount. This acquisition expands organizations' capabilities to modernize their file data infrastructures, all while achieving reductions in capital and operational costs. Storage Made Easy (SME), based in the UK, specializes in file data management and offers remote work and compliance solutions for cloud file storage.
Major companies operating in the consumer and smb nas market include 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, TerraMaster, Asustek Computer Inc., Cisco Systems Inc., Akitio, SilverStone Technology Co. Ltd., Dell Technologies Inc., Acer Inc., Fujitsu Limited, Lenovo Group Limited, Shuttle Inc., Amped Wireless
North America was the largest region in the consumer and SMB NAS market in 2024. 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
The countries 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
The consumer and SMB NAS market includes revenues earned by entities by providing services such as data storage and file-sharing requests, fast, secure, and reliable storage services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Consumer And SMB NAS Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on consumer and smb nas market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for consumer and smb nas ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The consumer and smb nas market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.