India NAS Market 2016-2022 - Research and Markets

Research and Markets announced the India Network Attached Storage Systems Market (2016-2022): Market Forecast by NAS Type, End Users, Specifications Trend and Competitive Landscape report (€1,902).

The report covers NAS systems market by types, end users and competitive landscape. It provides an analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Increasing usage of wireless devices, booming cloud market, rising data volumes, consolidation of storage devices to ensure continuity in the business processes and need for 24×7 surveillance are some of the factors that have resulted in the demand for NAS systems in India.

India NAS market is projected to reach $89 million (up to 24 bays) by 2022. It is exhibiting growth as the businesses are expanding and have started to realize the need for backup and storage especially in SME segment. Moreover, with increasing internet penetration, rising IT infrastruture and growing number of SMEs, NAS systems players have started to realize the potential of the Indian market.

Amongst all end users, SME segment has captured majority of the revenue share in overall India’s NAS systems market.

Low penetration of NAS systems in home end user segment is due to low awareness and increasing usage of HDDs and flash drives to store the data.

Key players include: