The global network attached storage market attained a value of nearly USD 29.77 Billion in 2024. The market is further expected to grow at a CAGR of 18.00% during the forecast period of 2025-2034 to reach a value of USD 155.81 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
18%
Value in USD Billion
2025-2034
Network Attached Storage Market Outlook
*this image is indicative*
| Global Network Attached Storage Market Report Summary | Description | Value |
| Base Year | USD Billion | 2024 |
| Historical Period | USD Billion | 2018-2024 |
| Forecast Period | USD Billion | 2025-2034 |
| Market Size 2024 | USD Billion | 29.77 |
| Market Size 2034 | USD Billion | 155.81 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 18.00% |
| CAGR 2025-2034 - Market by Region | Asia Pacific | 20.7% |
| CAGR 2025-2034 - Market by Country | India | 23.8% |
| CAGR 2025-2034 - Market by Country | China | 19.9% |
| CAGR 2025-2034 - Market by Storage Solution | Scale-Out | 19.8% |
| CAGR 2025-2034 - Market by End-Use Industry | Banking, Financial Services, and Insurance (BFSI) | 20.5% |
| Market Share by Country 2024 | UK | 3.6% |
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Network attached storage (NAS) is a file-level storage architecture that creates a centralised storage for multiple users across devices. It provides networks with a single access point for storage with management, fault-tolerant, and built-in security capabilities. Network attached storage is suited for unstructured data such as documents, text files, video, audio, and websites.
The EMR’s report titled “Network Attached Storage Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Storage Solution
Market Breakup by Deployment Type
Market Breakup by End-Use Industry
Market Breakup by Region
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The telecommunications and IT segment is witnessing robust growth in the network attached storage market share across the globe on account of the rise in ICT infrastructure investment along with the increasing ICT spending by various companies. The consumer goods and retail segment is also expected to boost the market growth of network attached storage across the globe on account of the growing retail and e-commerce industry.
Healthcare end-uses of network attached storage are also projected to grow at a rapid rate in the coming years, due to the large volumes of data generated and the growing need for collaboration between doctors and treatment facilities. By storing data safely on centralised network attached storage, patient treatment can be improved through easier coordination between healthcare providers.
| CAGR 2025-2034 - Market by | Country |
| India | 23.8% |
| China | 19.9% |
| UK | 16.5% |
| USA | 16.1% |
| France | 14.1% |
| Canada | XX% |
| Germany | XX% |
| Italy | XX% |
| Japan | 12.4% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Geographically, the North American region is expected to account for a sizable share in the network attached storage market on account of the strong presence of major market players in the region like Buffalo Americas Inc., Seagate Technology LLC, and Hewlett Packard Enterprise Company, among others. With the surging investments by public and private companies for wireless technologies across the region, the market demand for network attached storage is expected to increase over the coming years.
Numerous telecom players are surging their focus to support 5G network development projects across the region, especially in the United States. This has further generated a demand for innovative storage solutions to store a vast amounts of data created from wireless technology-based connected devices. This is further expected to enhance the growth of the network attached storage market across the region.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global network attached storage market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Buffalo Americas is a prominent supplier of trustworthy, secure, and easy-to-use data storage solutions with exceptional pre-and post-sales service. It creates high-quality networking and storage, among other technological solutions that make life easier and provide a good return on investment. It offers solutions for small to medium-sized businesses.
Synology, Inc. was established in 2000 and is a technology company based in Taiwan. It develops solutions for data management as well as surveillance, backup, and network infrastructure. The company offers solutions for C2, cloud infrastructure for data storage, file sharing, and password management, among others. It provides tower and rackmount servers, storage drives, expansion units, recording and monitoring systems, and wi-fi routers, among other products.
QNAP Systems, Inc. is committed to offering all-inclusive solutions for software development, in-house production, and hardware design. With a focus on networking, smart video, and storage advancements, QNAP introduced a new Cloud NAS solution that complements its subscription-based software and diverse service channel ecosystem. To enable users to host and develop edge computing, artificial intelligence analysis, and data integration on their QNAP systems, QNAP has established a cloud-based networking architecture.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Hewlett Packard Enterprise Development LP, Seagate Technology LLC, NETGEAR, Inc., and Western Digital Corporation, among others.
Network Attached Storage Market Size
Network Attached Storage Market Analysis
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is assessed to grow at a CAGR of 18.00% between 2025 and 2034.
In 2024, the global market of network attached storage attained a value of over USD 29.77 Billion.
The major market drivers is the rising adoption of connected devices and increasing demand for centralised storage for multiple users.
The key network attached storage market trends include the growing digitalisation, increase in remote working, storage and sharing of multimedia, and backups of various devices.
The various storage solution for network attached storage are scale-up and scale-out.
The different deployment types for network attached storage include on-premises, cloud-based, and hybrid.
The numerous end-use industries of network attached storage include banking, financial services, and insurance (BFSI), consumer goods and retail, telecommunications and IT, healthcare, energy, education and research, and media and entertainment, among others.
Network attached storage (NAS) is a file-level storage architecture that creates a centralised storage for multiple users across devices.
The major players in the market are Buffalo Americas, Inc., Synology, Inc., QNAP Systems, Inc., Hewlett Packard Enterprise Development LP, Seagate Technology LLC, NETGEAR, Inc., and Western Digital Corporation, among others.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 155.81 Billion by 2034.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Storage Solution |
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| Breakup by Deployment Type |
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| Breakup by End-Use Industry |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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