Asia Pacific Network Attached Storage (NAS) Market By Solutions (Hardware and Software), By Deployment Type (On-premises and Cloud & Hybrid), By Design (1Bay to 8 Bays, 8 Bays to 12 Bays, 12 Bays to 20 Bays and Others), By Storage Solution (Scale-up NAS and Scale-out NAS), By Industry Vertical (BFSI, Energy & Utilities, Healthcare, Retail & eCommerce, Government & Defense, IT & Telecommunication, Manufacturing and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Asia Pacific Network Attached Storage (NAS) Market would witness market growth of 18.6% CAGR during the forecast period (2020-2026). The demand to gain access to data anytime, anywhere in the corporate network and the internet are the major factors that propel the network attached storage market. Moreover, the demand for NAS technology is boosted by the increasing acceptance of remote & virtual office environments, business continuity planning, and the rising need to give remote access to corporate networks to workers. NAS devices are ideal for business operations that need to maintain the backup of sensitive data.
The NAS technology has been increasingly adopted because these backup files and targets to store copies of data. The adoption of NAS devices is boosted by their capability of data compression to store a duplicate copy of data. Data deduplication substitutes duplicate files on the NAS network which labels the files mentioning the original file which decreases the number of duplicate entries, hence improving the effectiveness of the searching capability. On the other hand, data security is the major concern among enterprises due to the exploitation of privileged access resulting in corporate espionage.
The demand is anticipated to stay high among the small and medium enterprises, as NAS devices offer a cost-efficient solution for these firms which are burdened with issues like restricted access to IT and financial resources. The network attached storage industry is slowly observing a transition from small and medium business to some particular solutions to more sophisticated large enterprise-oriented solutions. This solution is adopted by the SMBs for sharing applications and pertinent data storing; large companies utilize NAS for traditional data sharing which is not essential applications, and for some particular departments, workgroups, and remote offices.
Based on Solutions, the market is segmented into Hardware and Software. Based on Deployment Type, the market is segmented into On-premises and Cloud & Hybrid. Based on Design, the market is segmented into 1Bay to 8 Bays, 8 Bays to 12 Bays, 12 Bays to 20 Bays and Others. Based on Storage Solution, the market is segmented into Scale-up NAS and Scale-out NAS. Based on Industry Vertical, the market is segmented into BFSI, Energy & Utilities, Healthcare, Retail & eCommerce, Government & Defense, IT & Telecommunication, Manufacturing and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dell Technologies, Inc., Hitachi, Ltd., NetApp, Inc., Hewlett Packard Enterprise Company, IBM Corporation, Netgear, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Cisco Systems, Inc., Microsoft Corporation and Western Digital Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
- Cloud & Hybrid
- 1Bay to 8 Bays
- 8 Bays to 12 Bays
- 12 Bays to 20 Bays
By Storage Solution
- Scale-up NAS
- Scale-out NAS
By Industry Vertical
- Energy & Utilities
- Retail & eCommerce
- Government & Defense
- IT & Telecommunication
- South Korea
- Rest of Asia Pacific
- Dell Technologies, Inc.
- Hitachi, Ltd.
- NetApp, Inc.
- Hewlett Packard Enterprise Company
- IBM Corporation
- Netgear, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Cisco Systems, Inc.
- Microsoft Corporation
- Western Digital Corporation
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