Global Scale-Out NAS Market - Key Trends and Drivers Summarized
Why Is Scale-Out NAS Becoming Essential for Data-Intensive Workloads?
Scale-out Network-Attached Storage (NAS) is a storage architecture that enables organizations to handle vast amounts of data efficiently, supporting scalability without compromising performance. Unlike traditional storage solutions, scale-out NAS allows users to add storage nodes dynamically, expanding capacity while maintaining a unified storage pool. This flexibility makes it an ideal solution for data-intensive industries such as media, healthcare, and finance, where growing data volumes and fast retrieval times are essential. By providing high-performance storage, scale-out NAS meets the demands of businesses that need reliable, scalable, and accessible storage solutions for large datasets.What Are the Key Segments in the Scale-Out NAS Market?
Key components include hardware and software, with hardware holding the largest market share due to the need for high-performance storage infrastructure. However, software solutions are increasingly important, providing management tools that enhance scalability and enable organizations to control data flows efficiently. Storage tiers include high-performance and high-capacity, with high-performance storage tiers used in applications requiring quick data retrieval and analysis, such as media editing and financial transactions. High-capacity storage is used in archiving and backup, where data is less frequently accessed but must be stored securely.End-user industries for scale-out NAS include healthcare, media and entertainment, financial services, and education. Healthcare relies on scale-out NAS for storing medical imaging and patient records, while the media and entertainment industry uses it for large video files and production workflows. Financial services benefit from scale-out NAS for data analysis and regulatory compliance, while educational institutions use it for research data storage and collaboration across departments.
How Is Scale-Out NAS Applied Across Different Sectors?
In healthcare, scale-out NAS enables the storage and retrieval of high-resolution medical images, facilitating faster diagnosis and improved patient outcomes. In the media and entertainment industry, scale-out NAS supports video editing, post-production, and streaming, allowing teams to work with large files seamlessly. Financial institutions use scale-out NAS for real-time data analytics, ensuring secure storage and compliance with regulatory requirements. Educational institutions benefit from scale-out NAS by providing researchers and students with access to shared resources and collaborative tools, enabling efficient storage of academic and research data.What Factors Are Driving the Growth in the Scale-Out NAS Market?
The growth in the Scale-Out NAS market is driven by several factors, including the rise in unstructured data, the need for scalable storage solutions, and advancements in cloud and virtualization technologies. Innovations like cloud integration, data tiering, and software-defined storage have expanded the applications of scale-out NAS, supporting data-intensive tasks across industries. The focus on improving data access, optimizing storage resources, and supporting large-scale analytics has further fueled demand, as scale-out NAS provides a flexible and scalable solution for modern data needs. Additionally, growth in data-driven sectors, increasing digital transformation, and advancements in network infrastructure have contributed to market expansion, supporting broader adoption of scale-out NAS.Scope of the Study
The report analyzes the Scale-Out NAS market, presented in terms of market value (US$ Million). The analysis covers the key segments and geographic regions outlined below.Segments
Component (Software, Services); Deployment (On-Premise, Cloud); Vertical (BFSI, Consumer Goods & Retail, IT & Telecom, Energy, Healthcare, Other Verticals)Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Software Component segment, which is expected to reach US$72.3 Billion by 2030 with a CAGR of a 16.1%. The Services Component segment is also set to grow at 19.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $12.2 Billion in 2023, and China, forecasted to grow at an impressive 17.1% CAGR to reach $21.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Scale-Out NAS Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Scale-Out NAS Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Scale-Out NAS Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Scale-Out NAS Market such as Asustor Inc., Buffalo Americas, Inc., Cisco, Dell, Drobo, Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 34 companies featured in this Global Scale-Out NAS Market report include:
- Asustor Inc.
- Buffalo Americas, Inc.
- Cisco
- Dell
- Drobo, Inc.
- Hewlett Packard Enterprise Development LP
- Hitachi Vantara Corporation
- IBM Corporation
- Nasuni Corporation
- NetApp
- Netgear
- Nexenta Systems, Inc
- Panasas
- Pure Storage, Inc.
- QNAP Systems, Inc.
- Quantum Corporation
- Scality
- Seagate Technology LLC
- Space Monkey Media Project Pvt. Ltd.
- Synology Inc.
- Thecus Technology Corp
- Tintri by DDN
- Western Digital Corporation
- Zyxel Communications Corp
Table of Contents
Companies Mentioned
- Asustor Inc.
- Buffalo Americas, Inc.
- Cisco
- Dell
- Drobo, Inc.
- Hewlett Packard Enterprise Development LP
- Hitachi Vantara Corporation
- IBM Corporation
- Nasuni Corporation
- NetApp
- Netgear
- Nexenta Systems, Inc
- Panasas
- Pure Storage, Inc.
- QNAP Systems, Inc.
- Quantum Corporation
- Scality
- Seagate Technology LLC
- Space Monkey Media Project Pvt. Ltd.
- Synology Inc.
- Thecus Technology Corp
- Tintri by DDN
- Western Digital Corporation
- Zyxel Communications Corp
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 43.4 Billion |
Forecasted Market Value ( USD | $ 133.7 Billion |
Compound Annual Growth Rate | 17.4% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |