Global Scale Out Network Attached Storage Market Is Anticipated To Reach Around USD 28,468 Million By 2027

16-Jul-2019 | Zion Market Research

Zion Market Research has published a new report titled “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’’. According to the report, the global scale out network attached storage market was around USD 1,996 million in 2018 and is expected to reach approximately USD 28,468 million by 2027, at a CAGR of slightly above 34.7% between 2019 and 2027.

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. The rising market demand for big data applications is another factor propelling the scale out network attached storage market. Big data analytics is flourishing worldwide and comprises ample amount of unstructured data. Scale out object NAS are highly preferred for both storage and management of voluminous unstructured data.

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Browse the full “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” Report at https://www.zionmarketresearch.com/report/scale-out-network-attached-storage-market

Scale Out Network Attached Storage

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. A cloud-based NAS is not a physical machine but a virtual appliance that works with and influences cloud-based storage to provide various functionalities that one expects from on-premises hardware. This segment is anticipated to show the highest CAGR in the future. 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.

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. Scale out network attached storage is anticipated to assist banks and other financial institutes to deliver services based on customer needs. Some of the prominent benefits offered by scale out network attached storage to the BFSI sector include easy integration with the existing systems, large storage capacity as a secondary backup, and secure data protection. Thus, this end-user segment is observed to dominate the market in the future.

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.

This report segments the global scale out network attached storage market into:

Scale Out Network Attached Storage Market: Deployment Analysis

  • On-Premises
  • Cloud-Based

Scale Out Network Attached Storage Market: Storage Architecture Analysis

  • Scale Out Block
  • Scale Out File
  • Scale Out Object

Scale Out Network Attached Storage Market: End-User Analysis

  • IT and Telecommunication
  • BFSI
  • Healthcare
  • Retail
  • Manufacturing
  • Education
  • Government
  • Media and Entertainment
  • Others

Scale Out Network Attached Storage Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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