The Consumer And SMB NAS Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Consumer And SMB NAS Global Market Report 2024, 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..
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.
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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)
Product innovation is a key trend gaining popularity in the consumer and SMB NAS market. Major companies operating in the consumer and SMB NAS market are focused on developing innovative products with advanced technologies to strengthen their position in the market. For instance, in September 2021, PAC Storage, a US-based premier developer and manufacturer of data storage solutions, launched an advanced Scale-Out NAS product line including All Flash NVMe Scale-Out NAS. This NVMe solution excels in qualifying requirements for low latency workloads and high throughput from media and entertainment and HPC to Big Data.
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 Impact Of Market analysis
5.Consumer And SMB NAS Market Size And Growth
6.Consumer And SMB NAS Segmentation
7.Consumer And SMB NAS Regional And Country Analysis
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27.Consumer And SMB NAS Competitive Landscape And Company Profiles
28.Consumer And SMB NAS Key Mergers And Acquisitions
29.Consumer And SMB NAS Future Outlook and Potential Analysis
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