TechNavio recognizes the following companies as the key players in the Global Consumer NAS Market: Apple Inc., Buffalo Technology Inc., Iomega Corp., and Western Digital Corp.
Commenting on the report, an analyst from TechNavio’s Networking team said: ”One of the major trends being observed in the Global Consumer NAS market is the increasing adoption of video surveillance services by the end-users. With the growing adoption of home security services, the demand for video surveillance is increasing at a rapid pace. The storage of video files requires huge space and a faster medium for data transmission. NAS appliances allow access to the stored data from any location using a browser, which is a major advantage for the end-users. Further, since NAS appliances have an in-built feature of automatic data backup, there is an increasing reliability on these solutions in terms of data loss prevention.”
According to the report, one of the major drivers in this market is the rapid growth in digital content globally. With the increasing adoption of the internet and the downloading of digital media from the internet, there is an increasing demand for storage space among end-users.
Further, the report states that one of the major challenges in this market is the lack of technical knowledge about NAS appliances among the end-users. Although NAS appliances can be managed and operated in a simple manner, there is a considerable amount of user interaction and management required for the efficient functioning of the device. The end-users have to specify the storage space sizes and filters have to be applied on the storage device, which requires some technical expertise.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Cisco Systems Inc., Dell Inc., D-Link Corp., Freecom B.V., Hewlett-Packard Co., Hitachi Ltd., Lacie S.A., LG Electronics Inc., NetGear Inc., Qnap Systems Inc., Seagate Technology Inc., Synology Inc., and Thecus Technology Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-consumer-nas-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Networking market research, please visit https://www.technavio.com/networking
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TechNavio Announces the Publication of its Research Report – Global Consumer NAS Market 2012-2016
