Market Revenue Consumer Network Attached Storage Industry

Consumer Network Attached Storage Industry Analysis By
Production, Revenue, Consumption, Application To 2025
“Consumer Network Attached Storage (NAS) Market size was valued at USD
2.18 billion in 2016 and is anticipated to reach USD 8.20 billion by 2025.
Global Consumer Network attached storage (NAS) market is expected to
witness a significant increase in the market over the forecast period.”
The global Consumer Network Attached Storage (NAS) Market size was valued at USD 2.18 billion in 2016 and
is anticipated to reach USD 8.20 billion by 2025. Global Consumer Network attached storage (NAS) market is
expected to witness a significant increase in the market over the forecast period. Rapid growth in digital content
is expected to drive the network attached storage market over the forecast period. NAS is a file storage device
which enables sharing files either by software, hardware or through configuration between enterprise users. It
is operated by connecting data storage to a computer network providing data access to a group of clients.
In a consumer NAS market the software is used to store and share files such as music, photos and multimedia
among multiple devices. Requirement of personal data backup by the consumers is anticipated to drive market
growth. Backup is essential because of its importance in preventing data loss and avoid growing number of
computer viruses which corrupt and damage the data. Increase in mobile devices market combined with high
internet usage is expected to drive the market growth since file sharing is commonly used in several devices
such as tablets, smart phones, laptops and computers globally. Various files can be accessed through Mobile
devices when connected to the NAS appliances. It also provides high performance storage anywhere from
500GB to 4TB and faster access to stored data. These appliances can also be connected to printers at workplace
or household. Increasing demand for multiple connections and multimedia streaming at households is expected
to drive the market growth. NAS compared to portable hard disks provide better efficiency and can connect
multiple computers to a router via Ethernet or wifi.
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