NAS Market to grow at 20% CAGR from 2018 to 2024

Network attached storage market has emerged to be one of the most viable investment avenues over the recent years with the massively proliferating cloud technology adoption. Big data and advanced analytics have brought a dramatic turnaround of sorts for network operators with regard to managing the large data volume. In a bid to analyze and manage these huge & disparate data sets instantaneously, enterprises are increasingly adopting NAS solutions. Testament of the aforesaid is the worldwide NAS industry share from cloud deployment mode which is slated to register a commendable y-o-y growth of 24% over 2018-2024.

On virtue of its far-flung benefits like scalability and ease of access, numerous tech giants in recent years have been on the go to come up with a plethora of innovative solutions that can be conveniently deployed across telecom & IT, retail, media & entertainment, healthcare, and consumer sectors. A recent instance depicting the widening product portfolio pertaining to NAS solutions is Synology’s latest release, dubbed as DS1618+.

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Elaborating further, storage solution giant Synology has recently upgraded its 6 Bay NAS device. An enhanced version of its predecessor, DS3018xs in particular, DS1618+ though exhibits a similar design as that of a 6 Bay layout, is claimed to feature a better Intel quad-core processor. For the record, Synology’s flagship DS3018xs, which was launched in 2017, incorporates Pentium D1208 dual-core 2.2 GHz processor. Not just that, it is also inbuilt with PCle slots for installing an optional dual M.2 SATA SSD adapter that can shift processing into solid state drives in a bid to maintain efficiency and speed. Synology’s latest 6 Bay NAS tower, DS1618+ is touted to be an exceptional one as it amalgamates all these features with an enhanced processor and is touted as a disruption of sorts in the product landscape of NAS industry.

Concurrently, the company has also launched four other DS+ and DS models last year that are claimed to replace the existing NAS enclosures. This incidence particularly validates how 1 Bay to 8 Bay NAS towers are gaining a mass popularity in network attached storage market, primarily aided by the increased adoption of these systems for consumer applications. In fact, estimates claim, the 1 Bay to 8 Bay NAS market to witness the fastest growth at 25% y-o-y 2018-2024.

Speaking of the design landscape, it is prudent to mention that in 2017, 12-bay to 20-bay also emerged as one of the top-notch solutions having procured almost 40% of the overall NAS industry share. The major customers were reported to be SMEs and the SOHO sector. One of the popular trends this segment has been undergoing is the development of highly enhanced performance-oriented storage systems that ensure reliability as well as security. The sector has indeed been an acclaimed venturing hub for the industry players considering its rich end-use base.

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In a recent turn of events witnessed across 12-bay to 20-bay NAS market, QNAP® Systems, few months back made its way to the front page with the launch of its 16-bay TS-1677X Ryzen™ NAS. Allegedly, this new enterprise class encompass twelve 3.5-inch drive bays and four 2.5-inch drive bays. Boasting of a portfolio that include AMD Ryzen 8-core processor, SSD caching, and optimized storage capacity, this highly upgraded model is claimed to boost the visualization performance impressively. Though QNAP’s profound stance in the competitive network attached storage industry space is not unheard of, the introduction of TS-1677X is certain to strengthen its business position further considering the product’s exceptional design package.

Whether NAS solutions could drive the future of advanced analytics is a debatable subject as of now, however the tech realm over the past few years suggests a substantial commercialization scope for network attached storage industry. Add to it, with digital distribution of media, the business space is observing a slew of new opportunities worldwide. As far as the profitability potential is considered, the global NAS market size is forecast to exceed USD 20 billion by 2024.

Report Content

Chapter 1. Methodology & Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Scope, definition and research parameters

1.2. Data Sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1. NAS industry 360º synopsis, 2013 – 2024

2.1.1. Region trends

2.1.2. Architecture trends

2.1.3. Design trends

2.1.4. Deployment model trends

2.1.5. Application trends

Chapter 3. NAS Industry Insights

3.1. Introduction

3.2. Evolution of NAS

3.3. SAN vs NAS storage

3.4. Scale-up vs Scale-out NAS

3.5. NAS architecture analysis

3.6. Industry segmentation

3.7. NAS industry landscape, 2013 – 2024

3.8. NAS industry ecosystem analysis

3.9. Regulatory landscape

3.10. Technology & innovation landscape

3.10.1. Multi-protocol or unified storage

3.11. NAS industry impact forces

3.11.1. Growth drivers Increase in Big Data analytics and data mining applications Growing popularity of NAS for home/consumer applications Rising adoption of Cloud NAS file storage as a service

3.11.2. Industry pitfalls & challenges Concerns regarding data security Concerns regarding bandwidth performance for remotely hosted NAS

3.12. Porter’s analysis

3.13. PESTEL analysis

Browse key industry insights spread across 250 pages with 300 market data tables & 25 figures & charts from this report Network Attached Storage (NAS) Market” in detail along with the table of contents at:

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Unified Communications & Collaboration Market to reach $57bn by 2024

The technology research report “Unified Communications & Collaboration (UCC) Market Size By Platform (Telephony [IP Phones, IP PBX], Collaboration [Mobile, Social Network, Video Platform], Unified Messaging [Voicemail, Email, Fax], Conferencing [Audio, Video, Web], Services & Tools), By Deployment Model (On-premise, Cloud/Unified Communications as a Service (UCaaS), Hybrid), By Application (IT & Telecom, BFSI, Public Sector, Retail, Healthcare, Education), Industry Analysis Report, Reginal Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, Japan, Australia & New Zealand (ANZ), South Korea, India, Singapore, Brazil, Mexico, Argentina, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says UCC Market size is set to exceed USD 57 billion by 2024; according to a new research report by Global Market Insights, Inc. driven by rapid adoption of mobile devices.

The unified communications and collaboration market growth is attributed to the growing penetration of mobile devices and increasing adoption of BYOD trend across enterprises on a global scale. Over the last 10 years, mobile devices have evolved from just a means for voice communication to a smart device with sophisticated multi-function capabilities. Increase in consumption of mobile internet is expected to further assist the UCC market growth during the timeline. Allowing employees to bring their own devices to the workplace helps companies cut hardware and service costs considerably. Enterprises are increasingly accepting BYOD to enhance employee productivity. UCC technology leverages this BYOD eco-system to enable efficient communication with mobile resources.

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As upgrading traditional communications network and infrastructure becomes highly challenging in a rapidly evolving business environment, enterprises are becoming more inclined towards cloud and hybrid UC solutions to scale and manage communication resources. An expanding global cloud eco-system is also expected to boost the market growth over the timeline.

Telephony platforms are expected to hold a significant market share of over 25% by 2024 owing to large scale deployment of telephony applications across enterprises in various sectors as a primary communication medium to enable real-time business communication. IP phones segment will secure a larger share of the telephony market over the forecast period as they have numerous benefits over analog phones and cost much less than traditional telephone services. Collaboration market will witness fastest growth over the timeline owing to the advent of highly sophisticated collaboration systems which facilitate meetings involving members from business units located at diverse geographic locations.

Cloud-based UCC market will witness favorable growth between 2017 and 2024 owing to growing popularity and adoption of cloud computing technology across businesses in varied sectors ranging from IT & telecom, BFSI, healthcare and public services. Hybrid model will experience accelerated growth during the timeline. As the framework gives cloud capabilities along with secure on-site storage of critical data, the model is witnessing rapid adoption by enterprises wanting to implement UCC systems.

IT & telecom UCC market is expected to garner a major share of the overall market by 2024 due to high adoption and immense applications of the technology for process flows in the industry. Effective team collaboration and robust network availability are some of the key requirements of the enterprises operating in this sector. Hence, UCC technology is witnessing high acceptance from such enterprises that operate on an extensive global scale. With rising proliferation start-ups in the IT sector, the demand for cost effective UC capabilities will increase over the forecast period to reduce expenditure on IT infrastructure procurement, maintenance and upgradation.

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North America will dominate the UCC market by 2024 primarily due to the availability of a robust telecom and cloud infrastructure in the region. Also, extensive support for BYOD and readiness to adopt the trend by U.S. enterprises is also positively contributing to the market growth. Asia Pacific market on the other hand, is expected to grow with the highest CAGR of over 13% between 2017 and 2024 due to increasing demand for better business communication infrastructure by organizations operating in emerging economies such as Japan and China. With consistent economic development, the enterprises in these countries are growing in both scale and geographical reach leading to the need for stronger internal and external collaboration functions.

The players operating in the UCC market include pure providers such as Avaya, 8×8 and Unify along with software providers such as Microsoft, Cisco, Verizon and ALE. The major strategy adopted by key market players is strategic collaborations and partnerships. Such undertakings enable them to enrich their existing product portfolio and further expand their presence in different regional markets. Furthermore, strategic acquisitions also play a key role in the consolidation of the highly mature market as major players are striving to extend their global presence and gain more market share.

UCC market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024, for the following segments:

Unified Communications & Collaboration Market, By Platform

  • Telephony
    • IP phones
    • IP PBX
  • Collaboration
    • Mobile
    • Social network
    • Video platform
  • Unified messaging
    • Voicemail
    • Email
    • Fax
  • Conferencing
    • Audio
    • Video
    • Web
  • Services and tools

Unified Communications & Collaboration Market, By Deployment Model

  • On-premise
  • Cloud
  • Hybrid

Unified Communications & Collaboration Market, By Application

  • IT & telecom
  • BFSI
  • Public sector
  • Retail
  • Healthcare
  • Education

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
  • APAC
    • China
    • Japan
    • ANZ
    • South Korea
    • India
    • Singapore
    • Brazil
    • Mexico
    • Argentina
    • GCC
    • South Africa

Browse key industry insights spread across 350 pages with 1006 market data tables & 13 figures & charts from the report, “Unified Communications & Collaboration (UCC) Market” in detail along with the table of contents:

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Residential Window Automation Market has high growth prospects from 2016 to 2024

Window Automation industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more.

Automation is the need of the hour, the pathway to a comfortable & convenient lifestyle, subject to which window automation market is expected to generate lucrative gains over the next few years. Rapid urbanization and the development of smart homes will push window automation industry growth a notch higher. In a bid to expand automatic ventilation systems industry, the governments of various countries are investing significantly in infrastructural development to generate revenue via tourism and attract foreign investors. This in turn, will be a major factor driving window automation market. According to Global Market Insights, Inc., “Worldwide window automation market having had a revenue of USD 4 billion in 2015, will register an annual growth rate of about 5.5% over the period of 2016 to 2024.”

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Taking into account the end-use segment, window automation market is mainly divided into contractors, profile houses, façade builders, and window manufacturers. Shifting trends toward smart homes and the availability of automated building solutions will favor the growth of industry in profile houses, in which many of the OEMs are investing significantly to attract more customers. Window manufacturers was a dominant end-use segment and contributed majorly toward the global industry share. The surging investment in R&D activities will create high demand for the product across the various application areas such as industrial, residential, and commercial sectors.

The escalating investment in commercial infrastructure development such as airports, educational institutes, retail, healthcare, public transit, and hospitality will generate heavy demand for window automation. Residential application segment is predicted to register highest annual growth rate over the coming years of 2016 to 2024, primarily driven by the changing consumer preference toward automated products pertaining to low energy consumption. In addition to this, shifting trends toward smart homes will also propel window automation industry size notably.

Hybrid, mechanical, and electric are the key products of window automation market. Hybrid products save lots of energy, as they use mechanical components. In addition, the use of the fan is avoided, which will reduce the total electricity cost. This, in turn, will fuel window automation market share. Electric window automation held the largest share of the global market in 2015 and is predicted to collect significant revenue over the coming seven years. The growth can be attributed to the implementation of highly reliable and automated sensors and actuators in the devices.

Considering the regional landscape, China window automation market size will collect considerable revenue over the years ahead. China has implemented various building codes to propagate natural lighting, smoke evacuation, and ventilation. This, in turn, will augment the market growth.

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Europe window automation industry will exhibit substantial growth rate over the period of 2016 to 2024, owing to the growing product adoption to generate cooling or heating effects in desirable weather conditions. Moreover, regulatory norms regarding the work safety across the smoke ventilation application will boost the need for window automation.

Window automation market is widely fragmented across the globe. Most of the companies are working on cost reduction and product differentiation. Many market participants are expanding their regional distribution channels to gain considerable profits. Joint ventures and acquisitions are key growth strategies adopted by market players to sustain the competitive business space.

Chapter 3.   Window Automation Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2012 – 2024

3.3.  Industry ecosystem analysis

3.3.1. Distribution channel analysis

3.3.2. Vendor matrix

3.4.  Technology & innovation landscape

3.4.1. Solar powered window opener

3.4.2. Concealed mechatronic fittings with minimized noise generation and maximum opening widths

3.5.  Regulatory landscape

3.5.1. U.S.    UL-325, Standard for Safety: Door, drapery, Gate, Louvre, and window operators & systems and ETL certification

3.5.2. EU       Building regulations, approved document B and BS 9999       BS EN 12101       IEC 60335-2-103

3.5.3. China       MOHURD       China Building Code

3.6.  Industry impact forces

3.6.1. Growth drivers       Increased spending on infrastructure development       Energy saving and reduced operational cost       Demand for natural and smoke ventilation

3.6.2. Industry pitfalls & challenges       Daylight system as a substitute for the automatic window systems       Lack of awareness and non-compliance with several regulatory codes and standards

3.7.  Growth potential analysis

3.7.1. Application potential

3.8.  Porter’s analysis

3.9.  Company market share analysis, 2015

3.9.1. Strategy dashboard

3.10.      PESTEL analysis

This latest Window Automation Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Window Automation industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

  • Global Window Automation Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Window Automation Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688




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