The North America Consumer Network Attached Storage Market would witness market growth of 10.8% CAGR during the forecast period (2023-2030).
The market has grown and transformed in recent years, emerging as a pivotal player in personal data management, sharing, and accessibility. Once confined to enterprise environments, network attached storage (NAS) systems have permeated the consumer space, offering individuals and small businesses a robust and centralized solution for storing, organizing, and retrieving digital content within their local networks. Moreover, the adoption of consumer NAS has experienced a substantial upswing, fuelled by the increasing digitization of personal and professional lives. The market has responded to this demand by providing users with scalable and feature-rich systems that cater to diverse storage requirements.
A greater understanding of data privacy and security is one of the principal factors propelling adoption. Consumers increasingly recognize the importance of controlling their data, and NAS systems offer a secure and private alternative to cloud-based storage services. The desire for greater control and concerns about data breaches and privacy infringements has motivated individuals to invest in personal NAS solutions. Furthermore, the proliferation of smart homes and connected devices has contributed to the surge in NAS adoption. With the increasing number of IoT devices generating data within households, consumers are seeking centralized storage solutions that can seamlessly integrate with their interconnected ecosystems.
The shift to remote work in the United States has led to a surge in digital content creation, collaboration, and communication. With employees working from various locations, there is a heightened need for increased data storage to accommodate documents, multimedia files, and collaborative projects. As per the data released in 2023 by Statistics Canada, since the mid-2010s, the proportion of Canadians who spend most of their time working from home has increased by over three-quarters, from 7.4% in May 2016 to 24.3% in May 2021. Therefore, rising remote work trends in North America will boost the demand for these systems in the region.
The US market dominated the North America Consumer Network Attached Storage Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,652.9 million by 2030. The Canada market is experiencing a CAGR of 13.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 12.3% during (2023 - 2030).
Based on Mount Type, the market is segmented into Standalone, and Rackmount. Based on Storage Type, the market is segmented into Hard Disk Drive (HDD), Flash Storage, and Hybrid. Based on Storage Capacity, the market is segmented into 1 TB to 20 TB, More than 20 TB, and Less than 1 TB. Based on Deployment, the market is segmented into Cloud/Remote, On-Premise, and Others. Based on End-user, the market is segmented into Business, and Residential. Based on Design, the market is segmented into 4-Bays, 2-Bays, 6-Bays, 1-Bay, 5-Bays, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Consumer Network Attached Storage Market is Predict to reach $11.5 Billion by 2030, at a CAGR of 12.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ASUSTeK Computer Inc., D-link Corporation, Dell Technologies, Inc., NEC Corporation, Netgear, Inc., QNAP Systems, Inc., Seagate Technology LLC, Synology Inc., Western Digital Corporation, and Zyxel Communications Corp.
By Mount Type
By Storage Type
By Storage Capacity
By Deployment
By End-user
By Design
By Country
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