Global Consumer, SOHO, and SMB NAS Market 2017-2021
About Consumer, SOHO, and SMB NAS
Network attached storage (NAS) is a server-based storage system that enables the sharing of files among enterprise users. It is an independent network node in the LAN that consists of individual IP addresses. File transfer happens via an Ethernet connection shared by users and NAS systems. NAS allows multiple users to have access to the same file in a network. In an enterprise environment, NAS systems are used for backup, archiving, and disaster recovery of data.
Technavio’s analysts forecast the global consumer, SOHO, and SMB NAS market to grow at a CAGR of 6.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global consumer, SOHO, and SMB NAS market for 2017-2021. To calculate the market size, the report considers the retail sales revenue of NAS systems used by individual consumers, small office and home office (SOHO), and SMBs.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Consumer, SOHO, and SMB NAS Market 2017-2021
Technavio recognizes the following companies as the key players in the global consumer, SOHO, and SMB NAS market: Apple, Buffalo Americas, QNAP Systems, Synology, and Western Digital Corporation.
Other Prominent Vendors in the market are: Dell, Drobo, Hewlett Packard Enterprise Development, NETGEAR, Seagate Technology, Thecus Technology, and Zyxel Communications.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is adoption of cloud-based NAS. Cloud-based NAS is a remote storage system, which can be accessed over the Internet. It is also termed as cloud NAS-as-a-service and is often used for backups and archiving.”
According to the report, one driver in the market is rising demand for video surveillance systems. Smart home security is among the most demanding IoT applications from the consumer's end point. Smart home security systems operate on the centralized control of the home gateway where the intelligence shifts onto the cloud network. Cloud-based services provide a more user-friendly system to end-users for controlling the security devices as part of the cloud-based system. Issues such as interoperability, updating of software and so on would all be taken care of by cloud services.
Further, the report states that one challenge in the market is presence of alternative storage systems. Every consumer owns a laptop or desktop at home with a DAS of up to 2 TB storage capacity. On an average, 1 TB is sufficient for their use until the disk overflows with data creating the need for extra storage. In this case, consumers extend the storage capacity by adopting external hard disks. Moreover, many individual consumers are unaware of the existence of NAS devices. Most of the data generated is unstructured and of variable sizes that require high-performance storage systems to process.
Apple, Buffalo Americas, QNAP Systems, Synology, and Western Digital Corporation. Dell, Drobo, Hewlett Packard Enterprise Development, NETGEAR, Seagate Technology, Thecus Technology, and Zyxel Communications.