Scale Out Network Attached Storage Market by Deployment (On-Premises and Cloud-Based), by Storage Architecture (Scale Out Block, Scale Out File, and Scale Out Object), and by End-User (IT and Telecommunication, BFSI, Healthcare, Retail, Manufacturing, Education, Government, Media and Entertainment, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2027

Global scale out network attached storage market expected to reach approximately USD 28,468 million by 2027, at a CAGR of slightly above 34.7% between 2019 and 2027. The scale out network attached storage market is anticipated to grow over the upcoming years, due to the increasing adoption of cloud-based deployment.

16-Jul-2019 | Number of pages: 202 | Report Code: ZMR-4418 | Report Format : | Status : Published

Analysis

Network-attached storage (NAS) is a file storage system that allows multiple users and various client devices to recover data from a centralized disk. Scale-Out network-attached storage is a NAS type architecture that focuses on structured and unstructured data growth.

The scale out network attached storage market is anticipated to grow over the upcoming years, due to the increasing adoption of cloud-based deployment. Cloud-based network attached storage is accessed over the internet without being installed on an organization’s system. These systems are often used for storing backup data. The major benefit of cloud storage is that it can be accessed at any given point of time. Other benefits of cloud-based NAS include cost reduction, built-in data resiliency, performance flexibility, and eliminate legacy NAS systems refresh. However, data security is one of the major challenges that scale out network attached storage market is facing. NAS solution developers are focusing on data encryption to avoid data breach cases. The adoption rate of scale out object NAS is increasing immensely, owing to its flourishing demand in next-generation data storage applications, which is anticipated to create new growth opportunities for the scale out network attached storage market.

The global scale out network attached storage market is fragmented on the basis of deployment, storage architecture, and end-user. On the basis of deployment, the market is majorly classified into on-premise and cloud-based.

Based on storage architecture, the market is majorly classified into scale out block, scale out file, and scale out object. Object storage is designed for unstructured data that is extremely scalable. Unstructured data is an unfixed format and consists of files of fluctuating sizes. Scale out NAS object is used for management of unorganized data.

The end-user segment scale out network attached storage market comprises IT and telecommunication, BFSI, healthcare, retail, manufacturing, education, government, media, and entertainment, and others. Scale out network attached storage benefits healthcare organizations by enhancing information utilization by reducing costs, improving patient care, and ensuring security and data privacy. Thereby, the healthcare segment is projected to grow significantly in the upcoming years.

The North America scale out network attached storage market is observed to hold the maximum share globally and continue its dominance over the upcoming years. This can be attributed to the presence of leading market players across the region.

Some globally renowned players of the scale out network attached storage market are Caringo, Cisco Systems, Cloudian, Cohesity, Commvault, Datera, Dell, Elastifile, Hedvig, Hewlett Packard, Enterprise Development, Hitachi Vantara, IBM, NetApp, Nexenta Systems, Red Hat, Scality, and SwiftStack.


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