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The global consumer and SMB NAS market is estimated to reach values of around $12 billion by 2018LONDON, Dec. 3, 2018 /PRNewswire/ -- This market research report on consumer and SMB NAS market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by end-user (consumer, SOHO, SMBs, and SMEs), by form factor (1-Bay, 2-Bay, 4-Bay and 5-Bay, and 6-Bay to 12-Bay), and by geography (North America, Europe, APAC, Latin America, and MEA). Consumer and SMB NAS Market – By Form Factors High capacity HDD ranging from 750 Gb to 12 TB to transform the global consumer and SMB NAS market The form factor segment in the global consumer and SMB NAS market is classified into 1-Bay, 2-Bay, 4-Bay and 5-Bay, and 6-Bay to 12-Bay. 4-Bay and 5-Bay occupied the largest market share in 2017, growing at a CAGR of approximately 8% during the forecast period. The introduction of 4-Bay and 5-Bay diskless systems equipped with up to 5 HDD of capacity ranging from 750 Gb to 12 TB for each HDD, can provide a total capacity of up to 60 TB, through five 12TB HDDs is propelling the growth of this segment in the global market. The extensive use of these form factors to store and share files such as video, photo, audio and others at home and small office environment by consumers, SOHO and SMB end-users will boost the demand for these products in the market. It is estimated that almost all 4-bay and 5-bay systems will be able to support SSD cache by 2020 in the market. The minimum DRAM capacity ideal for optimal performance of these drives is 2 GB, where there are also rackmount 4-bay appliances powered by 8 GB of DDR3 or DDR4 memory. The growing demand for these systems by professional small office users will result in the growth of this segment in the global consumer and SMB NAS market. Consumer and SMB NAS Market – By Geography Deployment of the new data center in Canada to propel the development of the global consumer and SMB NAS market The global consumer and SMB NAS market by geography is divided into North America, Europe, APAC, Latin America, and MEA. North America controlled almost half of the market share in 2017, growing at a CAGR of over 8% during the forecast period. The presence of multiple SMEs who are colocating spaces in the data center and are focusing procuring infrastructure within their budget to strengthen every aspect of their business operations will augment the growth of the market in North America. The US and Canada are the largest revenues generators in the North America consumer and SMB NAS market. The increasing investment in video analytics and installation of high-resolution cameras is propelling the demand for these applications in the North American market. The growing storage need for personal data, home automation, and video surveillance data by end-users in North America will boost the adoption of network attached storage in the market. Key Countries Profiled The key countries profiled in the report are: • US • UK • China • Japan Key Vendor Analysis The continuous innovations by vendors in the global consumer and SMB NAS market is resulting in a larger portfolio of systems available to end-users. The top players are offering solutions designed to meet requirements of consumers to share files, stream media, use remote access, and for data backup in the global market. The increasing focus on continuous innovation and variety of solutions targeting every storage need is intensifying the competition in the global consumer and SMB NAS market. The launch of products with the superior internal configuration such as latest processors and DRAM technology along with support for multiple virtual machines and SSD cache in NAS will help vendors gain a larger market share during the forecast period. The major vendors in the global market are: • Apple • Buffalo Technology • NETGEAR • QNAP Systems • Seagate • Synology • Western Digital Corporation Other prominent vendors include Asustor, Dell Technologies, D-Link, Drobo, FreeNAS, Infortrend Technology, Promise Technology, Toshiba, Thecus Technology, and ZYXEL Communications. Key market insights include 1. The analysis of global consumer and SMB NAS market provides market size and growth rate for the forecast period 2018-2023. 2. It offers comprehensive insights on current industry trends, trend forecast, and growth drivers about the global consumer and SMB NAS market. 3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities. 4. It offers a complete overview of market segments and the regional outlook of global consumer and SMB NAS market. 5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage. Report Snapshot The global consumer and SMB NAS market size is expected to reach values of approximately $12 billion by 2023, growing at a CAGR of more than 9% 2018–2023. The global consumer and SMB NAS market is driven by the growing demand for efficient, reliable and affordable solutions to store the data. The introduction of enhancing systems that enable remote access to the file, secure storage to data, multimedia streaming, storing of video surveillance footages and more will propel the evolution of the global market. The market research report provides in-depth market analysis and segmental analysis of the global consumer and SMB NAS market by form factors, end-users, and geography. Market Size: • Revenue • Unit Shipment Base Year: 2017 Forecast Year: 2018–2023 The report considers the present scenario of the global consumer and SMB NAS market and its market dynamics for the period 2018?2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the market. Major Vendors in the Consumer and SMB NAS Market • Apple o Business Overview o Market Overview o Product Offerings o Key News • Buffalo Technology • NETGEAR • QNAP Systems • Seagate • Synology • Western Digital Corporation Prominent Players in the Consumer and SMB NAS Market • Asustor o Service Offerings • Dell Technologies • D-Link • Drobo • FreeNAS • Infortrend Technology • Promise Technology • Thecus Technology • Toshiba • Zyxel Communications Market Segmentation by Form Factors • 1-Bay • 2-Bay • 4-Bay and 5-Bay • 6-Bay to 12-Bay Market Segmentation by End-users • Consumer • SOHO • SMBs • SMEs Market Segmentation by Geography • North America o US • Europe o UK • APAC o China o Japan • Latin America • MEA Download the full report: https://www.reportbuyer.com/product/5471982 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-global-consumer-and-smb-nas-market-is-estimated-to-reach-values-of-around-12-billion-by-2018-300759160.html SOURCE ReportBuyer |