North America is projected to hold a major share of the NAS market throughout the forecast timeline due to the early adoption of the advanced storage technology by enterprises in the U . S . With the large-scale adoption of cloud platforms by enterprises in the region , cloud-based and hybrid NAS solutions are expected to garner a high demand over the forecast period .
Europe is projected to be the second largest network attached storage market by 2024 due to a growing data center ecosystem in the region along with large-scale adoption of the storage technology by SMEs . As the major global players are aggressively extending their presence in the European market through distribution agreements with local companies , the adoption of NAS systems is likely to increase steadily between 2018 and 2024 .
The companies operating in the network attached storage market are involved in aggressively expanding their global presence by introducing their products in untapped regional markets by partnering with local online and offline distribution channels . The companies are also focusing on diversifying their product portfolio by introducing NAS systems that are tailor-made for SMBs and home & enterprise customers . Some of the key players operating in the NAS market are Netgear , Buffalo Americas , QNAP , Western digital , Thecus Technology , Hitachi Data Systems Corporation , Synology , DELL EMC , Seagate , D-Link , NetApp , Zyxel , SoftNas , Avere Systems , Asustor , Infortrend , Pansas , Broadberry , and Cisco .
Network Attached Storage Market
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