Major factor driving growth of the global network attached storage market is increasing government initiatives for digitalization. In addition, increasing demand from various end-use industries such as BFSI, consumer goods and retail, telecommunication, etc. is expected to support growth of the global network attached storage market.

The global network attached storage market is segmented into deployment type, end use industry, and region.

On the basis of deployment type, the global network attached storage market is segmented into on premise, remote and hybrid. The on premise segment is estimated to dominate the global market. This can be attributed to increasing demand form large, medium, and small enterprise. The hybrid segment is projected to register highest CAGR over the forecast period.

On the basis of end-use industry, the global network attached storage market is segmented into BFSI, consumer goods and retail, telecommunication, healthcare, energy, government, education & research, media & entertainment, manufacturing, and business & consulting. The telecommunication segment is estimated to dominate the global market. The BFSI segment is projected to register highest CAGR over the forecast period.

On the basis of region, the global network attached storage market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

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The market in North America is expected to account for largest share in the global market in terms of revenue, owing to growing digitalization and increasing e-commerce activities in developed and developing countries. The market in Europe is expected to account for second-largest revenue share in the global market. The market in Asia Pacific is projected to register highest CAGR in terms of revenue over the forecast period, owing to rising need for high-capacity storage devices, and increasing government initiatives towards digitalization in emerging economies in this region.

Key players operating in the global network attached storage market include Dell EMC, NetApp, Inc., Hewlett-Packard Enterprise Company, Hitachi Data Systems Corporation, Western Digital Corporation, NETGEAR, Inc., Synology, Inc., Buffalo Americas Inc., Seagate Technology PLC., and QNAP Systems, Inc.