The global NAS market is anticipated to exhibit significant CAGR of 16.8% during the forecast period (2021-2027). The exponential rise in the data volume generation across the globe owing to rapid digitalization is a key factor driving the growth of the global NAS market. According to the World Economic Forum, in 2020, humans and computers generated more than 64 zettabytes of data that’s the equivalent of 6.4 trillion gigabytes. The considerable rise in craze for chia cryptocurrency is further contributing to the growth of the global NAS market.
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In August 2021, distributors of hard disk drives (HDD) across the Europe has noticed significant hike in demand for NAS. As per the available data, stats for the three months show sales to end users, via distributors and resellers, went up by 141% year-on-year to 454,512 – the biggest quarter in the regional channel ever. The tremendous Chia-driven demand for storage capacity has driven the growth of the global NAS market. Buffalo LinkStation 220, Synology DiskStation DS1621+, WD My Cloud Personal Network Attached Storage, Synology DiskStation DS220+, and TerraMaster F5-422 among others are the key NAS systems available in the market.
Market Coverage
o By Storage Type
o By End-User Industry
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global NAS Market Report Segment
By Storage Type
By End-User Industry
Global NAS Market by Region
North America
Europe
Asia-Pacific
Rest of the World
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