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Global Consumer NAS Market to Grow at a CAGR of 11% During 2018-2022| Technavio
[June 19, 2018]

Global Consumer NAS Market to Grow at a CAGR of 11% During 2018-2022| Technavio


The global consumer NAS market is expected to register a CAGR of over 11% during the period 2018-2022, according to the latest market research report by Technavio.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180619005979/en/

Technavio has published a new market research report on the global consumer NAS market from 2018-202 ...

Technavio has published a new market research report on the global consumer NAS market from 2018-2022. (Graphic: Business Wire)

A key factor driving the market's growth is the increasing need for video surveillance systems. The most demanding IoT application is the smart home security. Smart home security systems operate on the centralized control of the home gateway, where the intelligence system is placed on the cloud network. Cloud-based services provide a user-friendly system to end-users for controlling the security devices. These services manage issues such as interoperability and updating the software.

This market research report on the global consumer NAS market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio predicts an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing



In this report, Technavio highlights the rise in the adoption of hybrid storage arrays as one of the key emerging trends in the global consumer NAS market:

Global consumer NAS market: Rise in the adoption of hybrid storage arrays


Hybrid storage arrays give an organization more flexibility to choose the right deployment model for each workload or workgroup. The three primary benefits of deploying hybrid storage arrays are improved data management, enhanced IT infrastructure management and flexibility, and better security and compliance. Hybrid storage arrays include both flash drives and HDDs. Some NAS systems support hybrid arrays.

"Organizations are realizing the applications of cloud computing and are paving the way to integrate true cloud capability. Business processes are integrated with cloud services to provide a better business solution and quantifiable benefits, which will give a competitive edge to the cloud service players," says a senior analyst at Technavio for research on data center.

Global consumer NAS market: Segmentation analysis

This market research report segments the global consumer NAS market into the following end-users (business and home) and key regions (the Americas, APAC, and EMEA).

The business segment held the largest market share in 2017, accounting for nearly 71% of the market. This end-user segment is expected to dominate the global market throughout the forecast period.

The Americas held the highest share of the global consumer NAS market in 2017, accounting for a market share of approximately 42%. The market share occupied by this region is anticipated to decrease by nearly 1% during 2018-2022.

Looking for more information on this market? Request a free sample report

Technavio's sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].


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