Global Network Attached Storage (NAS) Market 2025-2035

Description

List of Tables

Global Network Attached Storage (NAS) Market Size, Share & Trends Analysis by Storage Type (Scale-Up, Scale-Out), by End-User Industry (BFSI, IT & Telecom, Healthcare, Aviation, Retail, Media & Entertainment, and Others) Forecast Period (2025-2035)

Industry Overview

Network-attached storage (NAS) market was valued at $35.3 billion in 2024 and is projected to reach $128.7 billion by 2035, growing at a CAGR of 12.5% during the forecast period (2025-2035). The market is projected to grow significantly, driven by the increasing need for centralized and scalable data storage, the proliferation of digital content, and the demand for secure data backup and disaster recovery solutions. Key market factors include the adoption of cloud-based NAS and hybrid solutions, rising data security and compliance requirements, and the growth of the internet of things (IoT). The market is segmented by design, product, storage solution, deployment type, end-user industry, and region, with North America and the Asia Pacific being major and fast-growing regions, respectively.

Market Dynamics

Surge in Data Generation and Digital Transformation

The exponential increase in data generation across industries is a primary driver for the NAS market. Businesses are adopting digital transformation strategies, including e-commerce, media streaming, surveillance, and video content creation, necessitating efficient data storage solutions. NAS systems offer scalable and cost-effective storage options, enabling organizations to manage vast amounts of data efficiently

Rise of Remote Work and Cloud Integration

The shift towards remote work and the growing adoption of cloud technologies have amplified the demand for accessible and secure data storage solutions. NAS devices facilitate remote access to data, supporting business continuity and collaboration across dispersed teams. Additionally, the integration of NAS with cloud services provides hybrid storage solutions, offering flexibility and scalability to meet diverse business needs.

Advancements in Storage Technology

Technological advancements in storage solutions are enhancing the capabilities of NAS systems. Innovations such as Seagate's 30TB HAMR (Heat-Assisted Magnetic Recording) hard drives are enabling higher data density and improved performance in NAS devices. These advancements allow businesses to store larger volumes of data without compromising on speed or reliability, further driving the adoption of NAS solutions.

Market Segmentation

Based on the storage type, the market is segmented into Scale-Up, Scale-Out.
Based on the end-user industry, the market is segmented into BFSI, IT & telecom, healthcare, aviation, retail, media & entertainment, and others.

Scale-Up Segment to Grow at a Considerable Market Share

Among the various segments in the global network attached storage (NAS) market, the Scale-Up NAS segment emerges as the largest in terms of market share. Scale-up NAS systems allow organizations to increase storage capacity by adding additional drives to existing storage devices without requiring major infrastructure changes. This ease of scalability, combined with cost-effectiveness, makes scale-up NAS highly attractive to small and medium-sized enterprises (SMEs) as well as departmental setups in large organizations. Unlike scale-out NAS, which is designed for massive enterprise-level deployments and requires more complex management, scale-up NAS delivers high performance and reliability while maintaining simplicity in operations.

The dominance of this segment is further reinforced by the widespread adoption across industries such as BFSI, healthcare, and media & entertainment, where reliable, high-capacity storage is essential for managing critical data. Enterprises with growing data storage needs can incrementally expand their storage, avoiding large upfront investments and ensuring efficient utilization of existing infrastructure. Additionally, innovations in NAS hardware, such as high-capacity hard drives and improved data protection mechanisms, have strengthened the appeal of scale-up NAS, enabling organizations to store vast amounts of data securely.

IT & Telecom: A Key Segment in Market Growth

The IT & Telecom end-user industry is considered the key growth driver for the global NAS market. This sector generates massive volumes of data daily, fueled by cloud computing, data centers, enterprise applications, and digital services. NAS systems provide the IT & Telecom industry with scalable, high-performance storage solutions that enable fast data access, secure storage, and seamless integration with hybrid cloud environments.

As organizations increasingly rely on digital communication platforms, AI-driven analytics, and virtualization technologies, the demand for robust storage infrastructure intensifies. IT & Telecom companies require storage solutions capable of handling mission-critical workloads with minimal downtime, while supporting features like data redundancy, backup, and disaster recovery.

NAS systems fulfill these requirements efficiently, offering both block-level and file-level storage flexibility. Furthermore, the expansion of 5G networks, edge computing, and IoT devices is generating new data storage demands, making NAS a pivotal component in infrastructure planning. The continuous investment by telecom operators and IT service providers in data centers and high-speed storage solutions is expected to accelerate NAS adoption.

Regional Outlook

The global Network Attached Storage (NAS) market is further divided by geography, including North America (the US and Canada), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), and the Rest of the World (the Middle East & Africa, and Latin America).

North America Region to Hold a Substantial Growth Rate

In North America, the US dominates the global Network Attached Storage (NAS) market, holding the largest share due to its advanced IT infrastructure, high adoption of cloud services, and presence of major enterprises and data centers. Key sectors such as BFSI, healthcare, IT & telecom, and media & entertainment drive strong demand for scalable and high-performance storage solutions. Integration of NAS with cloud platforms like AWS, Microsoft Azure, and Google Cloud enables flexible, hybrid storage, enhancing disaster recovery and data management capabilities. Additionally, investments in digital transformation, AI, big data analytics, and edge computing further boost NAS deployment. With leading vendors such as NetApp, Dell Technologies, and HPE offering innovative, high-capacity solutions, the U.S. remains the dominant market, combining technological advancement, enterprise demand, and cloud integration to maintain its major share globally.

Market Players Outlook

The major companies operating in the global network attached storage (NAS) market include Hewlett Packard Enterprise (HPE), NetApp, Seagate, Synology, QNAP, among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Developments

In October 2025, TerraMaster introduced two new hybrid NAS devices, the F2-425 Plus and F4-425 Plus, featuring Intel's latest N-series processor and a hybrid storage design. These devices combine traditional hard drive bays with dedicated M.2 SSD slots in a single enclosure, allowing for fast SSDs for caching or independent storage pools while dedicating HDDs for raw storage capacity. Both models share core hardware, including an Intel N150 quad-core processor, dual 5GbE network interfaces, and three M.2 slots. The F2-425 Plus is designed for home users and small offices, while the F4-425 Plus targets power users, content creators, and businesses with heavier workloads and multi-user access. TerraMaster equips both devices with TOS 6, BBS, and local AI photo management.
In July 2025, TerraMaster launched the F4-425 four-bay NAS, a high-performance storage and entertainment center for the modern digital home. This entry-level product uses an Intel x86 processor, delivering up to 40% performance improvement over similar ARM products. The F4-425 offers 4K transcoding and multitasking, a 2.5GbE port, and the TOS 6 operating system, which offers 60% greater responsiveness and 90% faster app loading. It also features an AI Smart Album for one-click memory management, a home theater with hardware-level 4K H.265 decoding support, and secure backup with TerraSync and CloudSync. The F4-425 is deeply integrated into the digital home, collaborating with phones to search for photos and videos, and features a user-friendly design with TNAS Mobile for remote access.

The Report Covers:

Market value data analysis for 2024 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global network attached storage (NAS) market. Based on the availability of data, information related to new products and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2024053

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Global Network Attached Storage (NAS) Market Sales Analysis - Storage Type | End-User Industry ($ Million)
Network Attached Storage (NAS) Market Sales Performance of Top Countries
1.1. Research Methodology
Primary Research Approach
Secondary Research Approach
1.2. Market Snapshot

2. Market Overview and Insights

2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Network Attached Storage (NAS) Market Trends
- 2.2.2. Market Recommendations
2.3. Porter's Five Forces Analysis for the Network Attached Storage (NAS) Market
- 2.3.1. Competitive Rivalry
- 2.3.2. Threat of New Entrants
- 2.3.3. Bargaining Power of Suppliers
- 2.3.4. Bargaining Power of Buyers
- 2.3.5. Threat of Substitutes

3. Market Determinants

3.1. Market Drivers
- 3.1.1. Drivers For Global Network Attached Storage (NAS) Market: Impact Analysis
3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For Global Network Attached Storage (NAS) Market: Impact Analysis
3.3. Market Opportunities
- 3.3.1. Opportunities For Global Network Attached Storage (NAS) Market: Impact Analysis

4. Competitive Landscape

4.1. Competitive Dashboard - Network Attached Storage (NAS) Market Revenue and Share by Manufacturers
Network Attached Storage (NAS) Comparison Analysis
Top Market Player Ranking Matrix
4.2. Key Company Analysis
- 4.2.1. Hewlett Packard Enterprise (HPE)
  - 4.2.1.1. Product Portfolio
  - 4.2.1.2. Financial Analysis
  - 4.2.1.3. SWOT Analysis
  - 4.2.1.4. Business Strategy
- 4.2.2. NetApp
  - 4.2.2.1. Overview
  - 4.2.2.2. Product Portfolio
  - 4.2.2.3. Financial Analysis
  - 4.2.2.4. SWOT Analysis
  - 4.2.2.5. Business Strategy
- 4.2.3. Seagate
  - 4.2.3.1. Overview
  - 4.2.3.2. Product Portfolio
  - 4.2.3.3. Financial Analysis
  - 4.2.3.4. SWOT Analysis
  - 4.2.3.5. Business Strategy
- 4.2.4. Synology
  - 4.2.4.1. Overview
  - 4.2.4.2. Product Portfolio
  - 4.2.4.3. Financial Analysis
  - 4.2.4.4. SWOT Analysis
  - 4.2.4.5. Business Strategy
- 4.2.5. QNAP
  - 4.2.5.1. Overview
  - 4.2.5.2. Product Portfolio
  - 4.2.5.3. Financial Analysis
  - 4.2.5.4. SWOT Analysis
  - 4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration

5. Global Network Attached Storage (NAS) Market Sales Analysis by Storage Type ($ Million)

5.1. Scale-Up
5.2. Scale-Out

6. Global Network Attached Storage (NAS) Market Sales Analysis by End-User Industry( $ Million)

6.1. BFSI
6.2. IT & Telecom
6.3. Healthcare
6.4. Aviation
6.5. Retail
6.6. Media & Entertainment
6.7. Others

7. Regional Analysis

7.1. North American Network Attached Storage (NAS) Market Sales Analysis - Storage Type | End-User Industry ($ Million)
Macroeconomic Factors for North America
- 7.1.1. United States
- 7.1.2. Canada
7.2. European Network Attached Storage (NAS) Market Sales Analysis - Storage Type | End-User Industry ($ Million)
Macroeconomic Factors for Europe
- 7.2.1. UK
- 7.2.2. Germany
- 7.2.3. Italy
- 7.2.4. Spain
- 7.2.5. France
- 7.2.6. Russia
- 7.2.7. Rest of Europe
7.3. Asia-Pacific Network Attached Storage (NAS) Market Sales Analysis - Storage Type | End-User Industry ($ Million)
Macroeconomic Factors for Asia-Pacific
- 7.3.1. China
- 7.3.2. Japan
- 7.3.3. South Korea
- 7.3.4. India
- 7.3.5. Australia & New Zealand
- 7.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
- 7.3.7. Rest of Asia-Pacific
7.4. Rest of the World Network Attached Storage (NAS) Market Sales Analysis - Storage Type | End-User Industry ($ Million)
Macroeconomic Factors for the Rest of the World
- 7.4.1. Latin America
- 7.4.2. Middle East and Africa

8. Company Profiles

8.1. Asustor
- 8.1.1. Quick Facts
- 8.1.2. Company Overview
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategies
8.2. Buffalo (Buffalo Americas)
- 8.2.1. Quick Facts
- 8.2.2. Company Overview
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategies
8.3. Cisco Systems
- 8.3.1. Quick Facts
- 8.3.2. Company Overview
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategies
8.4. CTERA (edge-to-cloud file services)
- 8.4.1. Quick Facts
- 8.4.2. Company Overview
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategies
8.5. Dell Technologies
- 8.5.1. Quick Facts
- 8.5.2. Company Overview
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategies
8.6. Hewlett Packard Enterprise (HPE)
- 8.6.1. Quick Facts
- 8.6.2. Company Overview
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategies
8.7. Hitachi Vantara
- 8.7.1. Quick Facts
- 8.7.2. Company Overview
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategies
8.8. Huawei Technologies
- 8.8.1. Quick Facts
- 8.8.2. Company Overview
- 8.8.3. Product Portfolio
- 8.8.4. Business Strategies
8.9. IBM Corp.
- 8.9.1. Quick Facts
- 8.9.2. Company Overview
- 8.9.3. Product Portfolio
- 8.9.4. Business Strategies
8.10. Lenovo
- 8.10.1. Quick Facts
- 8.10.2. Company Overview
- 8.10.3. Product Portfolio
- 8.10.4. Business Strategies
8.11. Nasuni
- 8.11.1. Quick Facts
- 8.11.2. Company Overview
- 8.11.3. Product Portfolio
- 8.11.4. Business Strategies
8.12. NetApp
- 8.12.1. Quick Facts
- 8.12.2. Company Overview
- 8.12.3. Product Portfolio
- 8.12.4. Business Strategies
8.13. Netgear (ReadyNAS)
- 8.13.1. Quick Facts
- 8.13.2. Company Overview
- 8.13.3. Product Portfolio
- 8.13.4. Business Strategies
8.14. QNAP Systems
- 8.14.1. Quick Facts
- 8.14.2. Company Overview
- 8.14.3. Product Portfolio
- 8.14.4. Business Strategies
8.15. Seagate Technology
- 8.15.1. Quick Facts
- 8.15.2. Company Overview
- 8.15.3. Product Portfolio
- 8.15.4. Business Strategies
8.16. Supermicro
- 8.16.1. Quick Facts
- 8.16.2. Company Overview
- 8.16.3. Product Portfolio
- 8.16.4. Business Strategies
8.17. Synology
- 8.17.1. Quick Facts
- 8.17.2. Company Overview
- 8.17.3. Product Portfolio
- 8.17.4. Business Strategies
8.18. TerraMaster
- 8.18.1. Quick Facts
- 8.18.2. Company Overview
- 8.18.3. Product Portfolio
- 8.18.4. Business Strategies
8.19. Thecus
- 8.19.1. Quick Facts
- 8.19.2. Company Overview
- 8.19.3. Product Portfolio
- 8.19.4. Business Strategies
8.20. Western Digital (WD)
- 8.20.1. Quick Facts
- 8.20.2. Company Overview
- 8.20.3. Product Portfolio
- 8.20.4. Business Strategies