Overview and Scope
The consumer and SMB (Server Message Block) NAS (Network-Attached Storage) refers to dedicated file storage that enables multiple users and heterogeneous client devices to retrieve data from centralized disk capacity. These devices needed for storing and processing these video surveillance camera feeds become necessities because 24/7 feeds are difficult to store and process using a direct-attached storage (DAS) appliance.
Sizing and Forecast
The consumer and smb nas market size has grown strongly in recent years. It will grow from $15.65 billion in 2023 to $16.72 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to online community growth, user safety concerns, adherence to regulations, increased e-commerce activities, globalization of online platforms..
The consumer and smb nas market size is expected to see strong growth in the next few years. It will grow to $22.08 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to social and political changes, real-time moderation requirements, expansion of virtual events, inclusion and diversity,brand reputation management,. Major trends in the forecast period include blockchain for transparency, cross-platform moderation, multilingual moderation , real-time moderation, video and image moderation, customization and flexibility..
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Segmentation & Regional Insights
The consumer and smb nas market covered in this report is segmented –
1) By Form: 1-Bay, 2-Bay, 4-Bay, 5-Bay, 6-Bay to 12-Bay
2) By Deployment: On-Premises, Remote Or Cloud, Hybrid
3) By End User: Consumer, Small Office Or Home Office (SOHO), Server Message Block (SMBs), Small And Medium-Sized Enterprises (SMEs)
North America was the largest region in the consumer and SMB NAS market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global consumer and SMB NAS market during the forecast period. The regions covered in the consumer and smb nas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growing need for data storage is expected to propel the growth of the consumer and SMB NAS market in the coming future. Data storage refers to record media in digital form for future operations. End-users are in need to store huge volumes of data at a lower cost than cloud-based storage. For instance, in February 2023, Connectbit, a Singapore-based exceptional IT support and WordPress services in an enterprise environment stated that about 65.28% of people used personal cloud storage as their primary data storage in 2023. Therefore, the growing need for data storage is driving the Consumer and SMB NAS market.
Key Industry Players
Major companies operating in the consumer and SMB NAS market report are Apple Inc., ASUSTOR Inc., Buffalo Americas Inc., D-Link Corporation, Drobo Inc., Infortrend Technology Inc., iXsystems Inc., Netgear Inc., Promise Technology Inc., QNAP Systems Inc., Seagate Technology LLC, Synology Inc., Thecus Technology Corp., Toshiba Corp., Western Digital Corporation, Transporter, Zyxel, Iomega Corporation, TerraMaster, Asustek Computer Inc., Cisco Systems Inc., Akitio, SilverStone Technology Co. Ltd., Hewlett Packard Enterprise, Dell Technologies Inc., Acer Inc., Fujitsu Limited, Lenovo Group Limited, Shuttle Inc., Amped Wireless
The consumer and smb nas market report table of contents includes:
1. Executive Summary
2. Consumer And SMB NAS Market Characteristics
3. Consumer And SMB NAS Market Trends And Strategies
4. Consumer And SMB NAS Market – Macro Economic Scenario
5. Global Consumer And SMB NAS Market Size and Growth
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31. Global Consumer And SMB NAS Market Competitive Benchmarking
32. Global Consumer And SMB NAS Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Consumer And SMB NAS Market
34. Consumer And SMB NAS Market Future Outlook and Potential Analysis
35. Appendix
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