CONSUMER NETWORK ATTACHED STORAGE (NAS) MARKET ANALYSIS
Network-attached storage (NAS) is computer data storage connected to a computer network, in order to provide data access to diverse group of clients. NAS facilitates consumers to share media files between several computers and portable entertainment devices. NAS typically servers files by its software, hardware or configuration. Consumers around the globe are implementing network attached storage (NAS) that can help businesses and consumers to attain operational efficiencies and minimize the cost of storage. All these objectives can be achieved with network attached storage (NAS). The conventional modes of storage of critical information and data have become inefficient for current demands. Moreover, fast access to vast amounts of data is another major challenge in this scenario. Conventional small computer systems interface (SCSI) technology utilizes parallel cabling, which reduces speed, distance, and limits the number of attached storage devices. Furthermore, there has been a significant shift from server-centric to data-centric models, thus efficient access to shared data resources has become essential. Rising growth of information that requires storage, management, maintenance, and retrieval has compelled consumers to make storage decisions separate from server decisions. Hence, these factors are expected to drive the market growth over the forecast period. Get Sample Copy from Here @ https://www.coherentmarketinsights.com/insight/request-sample/3355 Market Dynamics- Restraint 1.tGrowing adoption of cloud-based storage devices is various emerging economies is expected to restrain growth of the global consumer network attached storage (NAS) market over the forecast period Previously, servers for storage purposes were procured at different IT infrastructure components by different groups within the IT department and under different parts of the IT budget. However, incorporation of cloud-based services has changed the overall approach. Furthermore, adoption of virtualization technique in storage and server has resulted in significant shift in procurement and deployment of data center infrastructure. E Enterprises are shifting from purchasing separate network attached storage systems and adopting cloud storage for noncritical data. These factors are expected to hinder the market growth in the near future. 2.tHigh cost and complexity related to NAS are expected to hinder the global consumer network attached storage (NAS) market growth over the forecast period Although NAS provides highly sophisticated services, it is relatively expensive and complicated proprietary at the same time. NAS systems are considered to be virtually failure-proof though major performance failures and outages in the cloud in the recent past have been related to failures of significant degradation or NAS in system performance. Moreover, high cost and complicated nature of NAS is compelling end user to shift towards cloud for high-performance and reliable storage. This, in turn, is expected to hamper the market growth over the forecast period. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/3355 Market Opportunities 1.tGrowing adoption of NAS systems in small- and mid-sized enterprises (SME) is major market opportunity Increasing use of network attached storage system by small- and mid-sized enterprises is expected to present lucrative growth opportunity for market players. The adoption of NAS in small- and mid-sized enterprises is supported by various benefits offered NAS such as shared storage, flexibility to share capacity between numerous hosts, and centralized control. This has compelled NAS vendors to constantly focus on easy-to-use and cost-effective products for SMEs. This, in turn, is expected to offer significant growth opportunity for market players. 2.tHigh growth of Internet of Things (IoT) and big data market is expected to provide excellent business opportunity Integration of Internet of Things and big has increased the adoption of NAS system. Big data offers systematical and analytical information from complex data sets. Moreover, IoT provides interrelated computing devices, which in turn, is boost the adoption of NAS in various end-use industries. Hence, integration of IoT and big data are presenting lucrative business opportunities for market players. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US 12067016702 / UK 4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs: https://blog.coherentmarketinsights.com
38 views • 3 slides
