Consumer & Enterprise NAS Market to See Nearly 24% CAGR to 2021, Says Beige Market Intelligence in Discounted Report Available at MarketPublishers.com05 Jan 2017 • by Natalie Aster
LONDON – Globally, the consumer and enterprise NAS market is anticipated to grow at a CAGR of close to 24% in the years to come.
In revenue terms, all the user segments, namely individual consumers, SMBs, SOHO, SMEs, and sizable enterprises, are poised to witness remarkable growth. In a like manner, the CAGR of the user segments could possibly diverge from 16% to 48%. During 2012-2014, there was a slog in the growth tempo of consumer NAS, owing to the decline in the shipment alongside ASP. This trend will likely continue unabated and likely to be regenerated by the rise of smart home and home automation.
NAS for home automation and smart home is a major driving force of the market. Additionally, considerable growth in data and heaping up of unstructured data are anticipated to raise the demand for storage devices. Nevertheless, cloud storage and SAN are set to challenge the growth of NAS devices in the end-use segment. Amid the emerging trends in the marketplace one can name integration of remote sync and remote access features by the vendors in their forthcoming NAS models to mitigate the threat of cloud storage as a substitute for NAS.
The NAS market is characterised by intense competition in the SOHO and individual consumer segment, and it is likely to intensify moving forward. It is set to result in a severe price war amid vendors, ultimately increasing their shipment volumes but decreasing their revenue.
Recently, North America witnessed huge growth in NAS product shipments on the back of rising demand. APAC is poised to register a CAGR of nearly 27% and see formidable growth in market share primarily due to expanding construction of novel data centers in China and SEA.
Discounted report “Global Consumer and Enterprise NAS Market” created by Beige Market Intelligence provides in-depth insights into today’s scenario of the consumer and enterprise NAS market worldwide, as well as speculates on the sector’s growth prospects to 2021.
The study provides segmentation of the marketplace based on user type, and by geographic region (in shipment and revenue terms) and country, breaking down each regional market by user type. The report provides insights into the market size and market forecast for each product segment and user type; users type; drivers, restrains, challenges and trends; market share data and key vendors; major players and the strategies employed by them and growth opportunities. A detailed geographical market analysis is presented in the study.
More discounted and new reports by the publisher can be found at its page.