The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increasing demand for data storage is likely to promote innovation in consumer and SMB NAS manufacturing, hence propelling the market throughout the forecast period.

The global consumer and SMB NAS market is expected to grow from $14.62 billion in 2022 to $15.65 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The global consumer and SMB NAS market size is expected to reach $20.32 billion in 2027 at a CAGR of 6.7%.

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 Global Consumer And SMB NAS Market Segments Include:

• By Form: 1-Bay, 2-Bay, 4-Bay, 5-Bay, 6-Bay to 12-Bay
• By Deployment: On-Premises, Remote Or Cloud, Hybrid
• By End User: Consumer, Small Office Or Home Office (SOHO), Server Message Block (SMBs), Small And Medium-Sized Enterprises (SMEs)
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global consumer and SMB NAS market in 2021.

Major Market Players in the consumer and SMB NAS market include Apple Inc., ASUSTOR Inc., Buffalo Americas Inc., D-Link Corporation, Drobo Inc., Infortrend Technology Inc., iXsystems Inc., Netgear Inc., Promise Technology Inc., QNAP Systems Inc.

Product innovation is a hot trend in the consumer and SMB NAS markets. To strengthen their market position, major businesses in the consumer and SMB NAS markets are focusing on producing novel solutions with advanced technologies. For example, in September 2021, PAC Storage, a leading developer and producer of data storage systems based in the United States, announced an innovative Scale-Out NAS product range that included All Flash NVMe Scale-Out NAS. This NVMe system excels at meeting low latency and high throughput requirements ranging from media and entertainment to HPC and Big Data.

The Consumer And SMB NAS Global Market Report 2023  provides a consumer and SMB NAS market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The consumer and SMB NAS market forecast analyzes consumer and SMB NAS market size, consumer and SMB NAS market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

SMB (Server Message Block) NAS (Network-Attached Storage) is a type of dedicated file storage that allows numerous users and heterogeneous client devices to obtain data from centralised disc capacity. Because 24/7 feeds are difficult to keep and process using a direct-attached storage (DAS) appliance, various systems for storing and processing these video security camera feeds become necessary.

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