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The research provides an up-to-date analysis of the global network attached storage market that primarily includes the current market landscape, latest trends, drivers, and overall market environment.

Due to businesses adopting remote working modes, the COVID-19 pandemic has raised demand for cloud-based solutions. The rise in data usage has also been accelerated by the pandemic. Due to government-imposed lockdowns, businesses across a variety of end-user industries, particularly telecom corporations in emerging nations, have seen a growth in data consumption. Organizations are looking for a proven and secure data storage solution in these circumstances.

The COVID-19 pandemic has also prompted an unusual and unpredicted state of emergency on a number of fronts. Data has been supporting businesses with better decision-making during these trying times. The only way to guarantee that the insights produced by analyses are practical and usable is to maintain consistency.

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In comparison to other storage types like DAS (Direct Attached Storage) and SAN, it is projected that more than 80% of midmarket and enterprise organisations use NAS for some tier of storage that exceeds capacity (Storage Area Network). The industry is primarily being driven by the proliferation of unstructured data, the expansion of scale-out NAS in business IT systems, and the focus on software-defined NAS and network virtualization.

Vendors are being compelled to provide specialised NAS solutions for companies looking to use NAS as a full-fledged data management solution as a result of the growing popularity of NAS systems in enterprise environments.

In the future, its projected that on-premise NAS and cloud storage integration will become more popular, making it easier to have entire control over the data in the NAS and to backup and archive data in the cloud. The prominent cloud storage services, primarily Amazon S3, are being integrated with the current NAS system by a number of companies for storage provisioning. Depending on factors such as storage communication protocol preferences and network traffic, NAS may also be more efficient than SAN for particular applications. However, it is projected that on-premise NAS and cloud storage integration would gain ground in the future, enabling complete control over the data in the NAS and in backing up and archiving data in the cloud. The expanding cloud usage could impede the growth of the analysed industry.

Network-attached storage (NAS) maker QNAP, based in Taiwan, declared in July 2021 that it had fixed a serious security flaw that might have allowed attackers to undermine the safety of its NAS systems. The TXOne IoT/ICS Security Research Labs discovered the incorrect access control vulnerability in the QNAP HBS 3 Hybrid Backup Sync disaster recovery and data backup solution, which is listed as CVE -2021 28809. The security flaw was brought on by faulty software that could not properly prevent attackers from accessing system resources, allowing them to elevate privileges, run commands from a distance, or view confidential data without authorization.

Read the market research report, Global Network attached storage market by Product type (High-end/Enterprise, Midmarket, and Low-end), Storage Solution (Scale-up NAS and Scale-out NAS), Deployment Type (On-premises, Remote, Hybrid), By End User (BFSI, Healthcare, Retail & e-commerce, IT & Telecomm, Automotive, and Others), & By Region-Forecast and Analysis 2022-2028 by SkyQuest

Recent Developments

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What does this Report Deliver?

SkyQuest has segmented the global network attached storage market based on Product Type, Storage Solution, Deployment Type, End User and Region:

Key Players in the Global Network Attached Storage Market

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Originally posted here:
Global Network Attached Storage Market was valued at US$ 27.37 billion in 2021, and the market size is estimated to reach US$ 87.08 billion by 2028,...