2014-02-18 20:05:03 - Global NAS Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global NAS market is to grow at a CAGR of 21.58 percent over the period 2012-2016. One of the key factors contributing to this market growth is need for cheaper and efficient storage infrastructure. The Global NAS market has also been witnessing mixed adoption of storage components. However, increasing congestion of enterprise networks could pose a challenge to the growth of this market.
The increase in digital content in enterprise networks is leading to complications in the storage architectures. Enterprises are adopting various storage technologies and integrating them to obtain an architecture which can support all types of data storage and retrieval. With the increasing demand for storage infrastructure, the frequently-accessed data is stored in the SAN architecture and long-term
storage is supported over the NAS device. NAS devices are generally being used for timely backup of the storage and to maintain backup to support disaster recovery. The increased adoption of storage mediums and the need for data backup are leading to higher demand for NAS devices.
One of the major drivers is the need for cheaper and more efficient storage infrastructure of enterprises. Enterprises are upgrading their networks to support higher bandwidth and faster data transmission. To match the speed, enterprises are adopting NAS equipment for the storage of data.
One of the major challenges is the increased congestion in the networks due to the high density of traffic being transmitted across them. The transition from 8 Gbps networks to 10 Gbps networks is leading to clogging of the networks in places with lower bandwidth.
Key vendors dominating this space include EMC Corp., Hewlett-Packard Co., IBM Corp., NetApp Inc., and Oracle Corp. Other vendors mentioned in the report are Buffalo Technology Inc., Hitachi Ltd., Iomega Corp., Netgear Inc., QNAP Systems Inc., Synology Inc., Thecus Technology Corp., and Western Digital Corp.
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