At a CAGR of 21.05% Scale-out NAS Market is expected to surpass from $12.58 Billion in 2017 to $32.68 Billion by 2022
Based on component, the scale-out NAS market has been segmented into software and service. The service subsegment is projected to grow at the highest CAGR between 2017 and 2022.
(EMAILWIRE.COM, February 18, 2020 ) According to recent market research report "Scale-out NAS Market by Component (Software, Service), Storage Technology (File, Block, Object), Deployment Type, Organization Size (SMES, Large Enterprises), Vertical (BFSI, Government, Healthcare), and Region - Global Forecast to 2022", The scale-out NAS market is estimated to grow from USD 12.58 Billion in 2017 to USD 32.68 Billion by 2022, at a CAGR of 21.05% between 2017 and 2022.
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The market is primarily driven by the increasing demand for scale-out NAS applications across enterprises and high cost and downtime of scale-up NAS. In addition, the rising need for high throughput rate, increased I/O capacity, and low latency with high computing parallel processing and big data analytics is driving the adoption of scale-out NAS solution.
Based on component, the service segment is projected to grow at a higher CAGR during the forecast period
Based on component, the scale-out NAS market has been segmented into software and service. The service subsegment is projected to grow at the highest CAGR between 2017 and 2022. Scale-out NAS services have been categorized into professional services and system integration services. Professional services include understanding the client’s requirement, designing and implementing solutions, and providing support post deployment. System integration is offered for integrating various parts of scale-out storage systems.
“Based on vertical, the healthcare segment is estimated to grow at the highest CAGR during the forecast period”
Based on vertical, the healthcare segment is estimated to grow at the highest CAGR. Scale-out NAS solutions enable real-time exchange of healthcare information between the organizations and patient with agility, quality, and reduced cost.
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Asia-Pacific scale-out NAS market estimated to grow at the highest CAGR during the forecast period
The scale-out NAS market has been studied for North America, Europe, Asia-Pacific, and Rest of the World. The highest growth rate of the Asia-Pacific region can be attributed to the increasing adoption of storage technologies and rising amount of data being generated by organizations, owing to which there has been a significant rise in the adoption of scale-out NAS storage solutions and services. Countries such as India, China, Japan Singapore, Australia, and New Zealand are expected to witness high growth rates in the scale-out NAS market.
Major players in this market include Dell, Inc. (US), Hewlett Packard Enterprise (US), Nasuni Corporation (US), NetApp, Inc. (US), Hitachi Data Systems Ltd (US), IBM Corporation (US), Panasas, Inc. (US), Pure Storage, Inc. (US), Tintri, Inc. (US), Scality, Inc. (US), Nexenta Systems, Inc. (US), and Quantum Corporation (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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Content Source: https://www.marketsandmarkets.com/PressReleases/scale-out-nas.asp
Browse and in-depth TOC on “Scale-out NAS Market”
60 - Tables
60 - Figures
125 - Pages
Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=135578530
The market is primarily driven by the increasing demand for scale-out NAS applications across enterprises and high cost and downtime of scale-up NAS. In addition, the rising need for high throughput rate, increased I/O capacity, and low latency with high computing parallel processing and big data analytics is driving the adoption of scale-out NAS solution.
Based on component, the service segment is projected to grow at a higher CAGR during the forecast period
Based on component, the scale-out NAS market has been segmented into software and service. The service subsegment is projected to grow at the highest CAGR between 2017 and 2022. Scale-out NAS services have been categorized into professional services and system integration services. Professional services include understanding the client’s requirement, designing and implementing solutions, and providing support post deployment. System integration is offered for integrating various parts of scale-out storage systems.
“Based on vertical, the healthcare segment is estimated to grow at the highest CAGR during the forecast period”
Based on vertical, the healthcare segment is estimated to grow at the highest CAGR. Scale-out NAS solutions enable real-time exchange of healthcare information between the organizations and patient with agility, quality, and reduced cost.
Get 10% Customization on this report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=135578530
Asia-Pacific scale-out NAS market estimated to grow at the highest CAGR during the forecast period
The scale-out NAS market has been studied for North America, Europe, Asia-Pacific, and Rest of the World. The highest growth rate of the Asia-Pacific region can be attributed to the increasing adoption of storage technologies and rising amount of data being generated by organizations, owing to which there has been a significant rise in the adoption of scale-out NAS storage solutions and services. Countries such as India, China, Japan Singapore, Australia, and New Zealand are expected to witness high growth rates in the scale-out NAS market.
Major players in this market include Dell, Inc. (US), Hewlett Packard Enterprise (US), Nasuni Corporation (US), NetApp, Inc. (US), Hitachi Data Systems Ltd (US), IBM Corporation (US), Panasas, Inc. (US), Pure Storage, Inc. (US), Tintri, Inc. (US), Scality, Inc. (US), Nexenta Systems, Inc. (US), and Quantum Corporation (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/scale-out-nas.asp
Contact Information:
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results