A Network-Attached Storage (NAS) is a type of device that provides local-area network with file-based shared storage through a standard ethernet connection. It permits additional hard disk storage space to be included to a network that previously utilized servers, devoid of closing them down for upgrades and maintenance. Storage is not an integral part of the server in NAS device. NAS appliance has its own IP address due to which it is conveniently operated by end-users directly over the network, to store files and retrieve them when needed. Network-attached storage devices support both Network File System (NFS), as well as Common Internet File System (CIFS), and are compatible with Mac, windows, UNIX and Linux systems.

The network attached storage (NAS) market is estimated to rise at a compound annual growth rate (CAGR) of XX.X percent from 2015 to 2020.

Rising adoption of video surveillance services, network attached storage demand, and increasing acceptance of cloud storage are the key factors boosting the network attached storage (NAS) market. On the other hand, complexity of operating system and lack of technical knowledge among end-users are hindrances to the growth and development of the market.

The global network attached storage (NAS) market is categorized in terms of solutions, end-users, applications, and geography. Based on solution, network attached storage (NAS) market is segmented as analytics and hadoop solution. Further, based on end-users, the market is divided into small, medium and large enterprises. The global network attached storage (NAS) market is additionally segmented based on geographical regions, including Europe, North America, Asia-Pacific, Latin America, and Middle East and Africa (MEA).

Numerous products are available in the network attached storage (NAS) market such as digital cloud, transporter, business storage 2-Bay NAS, turbo NAS, and others.

The network attached storage (NAS) market is highly competitive with some of the key participants being ZyXEL Communications Corporation, ASUSTOR Inc., Dell, Inc., Hewlett-Packard Development Company, Buffalo Technology Inc., Hitachi Data Systems, International Business Machines (IBM) Corp., NetApp Inc., Seagate Technology plc, and others.