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The scaleout NAS market is projected to grow at a CAGR of 21.05% between 2017 and 2022.
The scaleout NAS market is estimated to grow from USD 12.58 billion in 2017 to USD 32.68 billion by 2022, at a CAGR of 21.05% between 2017 and 2022. Organizations rely heavily on storage systems as per their need of storing data. Increasing amount of voluminous data files within enterprises lead to the requirement of scaleout NAS technology. However, lack of technically skilled personnel is restraining the growth of the scaleout NAS market.
Based on component, the software segment is estimated to account for the largest share of the scaleout NAS market in 2017. Based on component, the software segment is estimated to account for the largest share of the scaleout NAS market in 2017. One of the major reasons for the increasing demand for scaleout NAS software is the growing need for storage, management, and quick access for enterprises generating these data files. The software subsegment is further categorized into data management integration, data protection, high performance computing, inmemory datagrid, and big data.
Based on vertical, the banking, financial services insurance segment is estimated to account for the largest share of the scaleout NAS market in 2017.
Based on vertical, the banking, financial services insurance BFSI segment is estimated to account for the largest share of the scaleout NAS market in 2017. The BFSI sector offers tremendous opportunities for the growth of the scaleout NAS market owing to the generation of voluminous data which creates the need for highly secure data storage. Scaleout NAS technologies enable advanced data storage which helps BFSI industry provide better solutions and services. New and improved financial products and services are frequently introduced by the BFSI organizations to enhance their business operations and expand their customer database, which makes the industry a lucrative market for scaleout NAS technology.
The AsiaPacific scaleout NAS market is projected to grow at the highest CAGR between 2017 and 2022.
The scaleout NAS market in the APAC region is projected to experience extensive growth during the forecast period. With the increasing adoption of storage technologies and rising amount of data being generated by organizations, there has been a significant rise in the adoption of scaleout NAS storage solutions and services. Increasing requirement of costeffective storage solutions is also expected to boost the adoption of scaleout NAS by SMEs in the region.
The North America region is expected to contribute the largest share to the scaleout NAS market in 2017. The U.S., being a major economy, holds a significant market share owing to the technological advancements and willingness towards innovation and adoption of new technologies.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The breakup of profiles of primary participants is given below:
By Company Type: Tier 1 17%, Tier 2 33%, and Tier 3 50%
By Designation: Clevel 35%, Director level 60%, and Others 5%
By Region: North America 48%, Europe 35%, AsiaPacific 17%
Key vendors profiled in the report are as follows:
1. Dell, Inc. US
2. Hewlett Packard Enterprise US
3. Nasuni Corporation US
4. NetApp, Inc. US
5. Hitachi Data Systems Ltd US
6. IBM Corporation US
7. Panasas, Inc. US
8. Pure Storage, Inc. US
9. Tintri, Inc. US
10. Scality, Inc. US
11. Nexenta Systems, Inc. US
12. Quantum Corporation US
This study provides a detailed segmentation of the scaleout NAS market based on component, storage technology, deployment type, organization size, vertical, and region. Based on component, the scaleout NAS market is segmented into software and service. Based on storage technology, the market is segmented into file storage, block storage, and object storage. Based on deployment type, the market is segmented into onpremises and cloud. Based on organization size, the is segmented into large enterprises and small medium enterprises SMEs. Based on vertical type, the is segmented into banking, financial services insurance BFSI; consumer goods retail; IT telecom; energy; healthcare; government; manufacturing; and education academics. The geographic analysis has been carried out for North America, Europe, AsiaPacific APAC, and Rest of the World RoW.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of revenues of the global scaleout NAS market and its subsegments. This report will also help stakeholders better understand the competitor landscape, gain more insights to better position their businesses, and make suitable gotomarket strategies. The report will help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
Original Article: Scaleout NAS Market by Component Software, Service, Storage Technology File, Block, Object, Deployment Type, Organization Size SMES, Large Enterprises, Vertical BFSI, Government, Healthcare, and Region Global Forecast to 2022 [Updated: 15062017] Prices fNEXT ARTICLE
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