Scale Out Nas Market Overview
The Scale Out Nas Market Size was estimated at 54.02 (USD Billion) in 2022. The Scale Out Nas Industry is expected to grow from 58.74(USD Billion) in 2023 to 125.0 (USD Billion) by 2032. The Scale Out Nas Market CAGR (growth rate) is expected to be around 8.75% during the forecast period (2024 - 2032).
Key Scale Out Nas Market Trends Highlighted
The Scale-Out NAS market is characterized by several key trends:Growing adoption of cloud-based services: Organizations are increasingly moving their data and applications to the cloud, driving the demand for scalable and cost-effective NAS solutions.Demand for high-performance computing (HPC): Advancements in data-intensive applications, such as artificial intelligence and machine learning, require NAS solutions capable of handling massive data volumes and delivering high throughput.
Emergence of software-defined storage (SDS): SDS solutions provide flexibility and cost savings by decoupling storage software from hardware, enabling organizations to scale their NAS environments more efficiently.Focus on data protection and security: With the growing importance of data, organizations are seeking NAS solutions that provide robust data protection and recovery capabilities to mitigate data loss and cyber threats.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Scale Out Nas Market Drivers
Growing Demand for Cloud Storage and Data Analytics
Adoption of cloud computing services and the increasing number of data-intensive applications are the major factors driving the Scale Out Nas Market. Nowadays, businesses from all industries and of all sizes are migrating all their data and apps to the cloud to leverage the scalability, flexibility, and cost efficiency it provides. That is why the demand for scalable high performance storage solutions like scale-out NAS is increasing massively. Moreover, the need for advanced data analytics and business intelligence is another major factor driving the Scale Out Nas Market. Nowadays, businesses are collecting so much data so they want to receive valuable insights from them and outsmarts the competitors.
Advancements in Storage Technologies
Technological advancements in storage hardware and software are another factor driving the growth of the Scale Out Nas Market. The enabling of new technologies like SSDs, NVMe, and SDS or software-defined storage is helping organizations build storage infrastructure that is more scalable, performant, and efficient. Scale-out NAS systems, which need to provide the performance and capacity to deal with large, rapidly growing datasets, can benefit significantly from these technologies.
Rising Awareness of Data Protection and Security
Another significant driver of the Scale Out Nas Market is the increasing focus on data protection and security. In recent years, the number and complexity of cyber-attacks have grown significantly, raising the awareness of organizations and enterprises regarding the need to protect their data from unauthorized access, theft, or loss. Scale-out NAS systems have a range of advanced data protection features, such as encryption, snapshots, and replication, which make them an attractive option for enterprises.
Scale Out Nas Market Segment Insights
Scale Out Nas Market Deployment Model Insights
The Scale Out Nas Market has been segmented based on the deployment model into on-premises, cloud, and hybrid. In 2023, the on-premises segment accounted for the largest share of the market, and it is expected to continue dominating the market over the forecast period. Enterprises with sensitive data prefer the on-premises deployment model, as it provides greater control and security over the data. However, over the forecast period the cloud segment is expected to grow at a faster CAGR, as the adoption of cloud-based services by enterprises is increasing.
Moreover, the hybrid segment is also expected to grow significantly as it offers the advantages of both on-premises and cloud deployments. The on-premises segment of the Scale Out Nas Market was valued at USD 29.45 billion in 2023, and it is expected to reach USD 51.23 billion by 2032, growing at a CAGR of 6.9%. The cloud segment was valued at USD 18.62 billion in 2023, and it is expected to reach USD 42.36 billion by 2032, growing at a CAGR of 9.1%. The hybrid segment was valued at USD 10.67 billion in 2023, and it is expected to reach USD 31.41 billion by 2032, growing at a CAGR of 11.2%.
The Scale Out Nas Market is growing due to the increasing demand for data storage and management solutions by enterprises. The adoption of cloud-based services by enterprises is increasing and the volume of the data generated by enterprises is growing, which are driving the demand for scale-out NAS solutions. In addition, the adoption of artificial intelligence and machine learning is also expected to drive the growth of the market, as AI and ML require large amounts of data for training and inference.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Scale Out Nas Market Application Insights
The Scale Out Nas Market is segmented by Application into High-Performance Computing, Big Data Analytics, Media and Entertainment, Cloud Computing and others. The High-Performance Computing segment is expected to hold the largest market share of over 30% in 2024. The demand for HPC is increasing rapidly in various industries including manufacturing, healthcare, and finance, among others. The Big Data Analytics segment is anticipated to achieve notable growth owing to the rising number of enterprises that are adopting big data analytics solutions to understand and gain insights from their data.
The Media and Entertainment segment is expected to have a considerable share in the market as media and entertainment companies are increasingly using Scale-Out NAS to manage and store the large volume of content generated. The Cloud Computing segment is expected to grow at a steady rate due to the increasing number of enterprises adopting cloud-based services.
Scale Out Nas Market Capacity Insights
The Scale Out Nas Market is segmented by Capacity into Less than 100TB, 100TB-500TB, 500TB-1PB, and More than 1PB. Among these segments, the Less than 100TB segment held the largest market share in 2023, accounting for approximately 40% of the Scale Out Nas Market revenue. The 100TB-500TB segment is expected to grow at the highest CAGR of 10.5% during the forecast period, driven by the increasing demand for high-performance computing and data analytics applications. The 500TB-1PB segment is also expected to witness significant growth, owing to the growing adoption of cloud-based services and the need for scalable storage solutions.
The More than 1PB segment is expected to account for a significant portion of the Scale Out Nas Market revenue by 2032, as enterprises continue to adopt data-intensive applications and require massive storage capacities.
Scale Out Nas Market Interface Insights
The Scale Out Nas Market is segmented into Interface, which includes Fibre Channel, Ethernet, and InfiniBand. The Fibre Channel segment held the largest market share in 2023, and is expected to continue to dominate the market throughout the forecast period. The Ethernet segment is expected to grow at the highest CAGR during the forecast period. Fibre Channel is a high-performance, lossless interconnect technology that is designed for mission-critical applications. It is widely used in data centers and other high-performance computing environments.
Ethernet is a widely used networking technology that is used to connect devices within a local area network (LAN). It is relatively inexpensive and easy to implement, making it a popular choice for small and medium-sized businesses. InfiniBand is a high-performance, low-latency interconnect technology that is designed for use in high-performance computing clusters. The growth of the market is attributed to the increasing demand for data storage and the need for high-performance, scalable storage solutions.
Scale Out Nas Market Regional Insights
The Scale Out Nas Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional segment, accounting for 38.7% of the market in 2023. The region is home to a number of large enterprises and cloud service providers, which are driving the adoption of Scale Out Nas solutions. Europe is the second largest regional segment, accounting for 27.5% of the market in 2023. The region has a strong manufacturing base and is also home to a number of large financial institutions. APAC is the third largest regional segment, accounting for 20.3% of the market in 2023.
The region is experiencing rapid economic growth and is also home to a number of large population centers. South America and MEA are the smallest regional segments, accounting for 7.8% and 5.7% of the market, respectively, in 2023. However, these regions are expected to experience strong growth in the coming years. The increasing adoption of cloud-based services, the growing need for data storage, and the increasing demand for high-performance computing are driving the growth of the market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Scale Out Nas Market Key Players And Competitive Insights
Major players in Scale Out Nas Market industry are constantly striving to gain a competitive edge in the market. Leading Scale Out Nas Market players are focusing on developing innovative products and solutions to meet the evolving needs of customers. The Scale Out Nas Market is characterized by intense competition, with several key players vying for market share. The competitive landscape of the Scale Out Nas Market is expected to remain fragmented in the coming years, with numerous regional and players competing for market share. Strategic partnerships, mergers, and acquisitions are expected to be key growth strategies adopted by players in the Scale Out Nas Market industry.
Dell Technologies is a leading provider of Scale Out Nas solutions, offering a wide range of products and services to meet the needs of customers of all sizes. The company's Scale Out Nas solutions are designed to provide high performance, scalability, and reliability. Dell Technologies has a strong presence and a well-established reputation for delivering innovative and reliable solutions. The company's Scale Out Nas solutions are used by a wide range of customers, including enterprises, government agencies, and educational institutions.NetApp is another leading provider of Scale Out Nas solutions.
The company's Scale Out Nas solutions are designed to provide high performance, scalability, and flexibility. NetApp has a strong presence and a well-established reputation for delivering innovative and reliable solutions. The company's Scale Out Nas solutions are used by a wide range of customers, including enterprises, government agencies, and educational institutions. NetApp is expected to continue to be a major player in the Scale Out Nas Market in the coming years, as the company continues to invest in research and development and expand its product portfolio.
Key Companies in the Scale Out Nas Market Include
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Dell Technologies
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Pure Storage (Pure)
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IBM
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Cloudian
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MinIO
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Caringo (acquired by Quantum Corporation)
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StorONE
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Zadara Storage
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Elastifile
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WekaIO
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ExaScaler
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Hewlett Packard Enterprise (HPE)
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Qumulo
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Hitachi Vantara (Hitachi)
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NetApp
Scale Out Nas Market Industry Developments
The Scale Out Nas Market is projected to reach a valuation of USD 125.0 billion by 2032, expanding at a CAGR of 8.75% from 2024 to 2032. This growth is attributed to the increasing adoption of cloud-based services, the rise of big data and analytics, and the growing need for storage capacity. Key industry participants include Dell EMC, NetApp, Hewlett Packard Enterprise, IBM, and Hitachi Vantara. Recent developments in the market include the launch of new products and services, such as Dell EMC's PowerScale OneFS 9.2 and NetApp's Keystone Flex Subscription. These offerings provide customers with greater flexibility and scalability in their storage infrastructure.
Additionally, the increasing adoption of artificial intelligence (AI) and machine learning (ML) is driving the demand for high-performance storage solutions, which is expected to further boost the growth of the Scale Out Nas Market.
Scale Out Nas Market Segmentation Insights
Scale Out Nas Market Deployment Model Outlook
Scale Out Nas Market Application Outlook
Scale Out Nas Market Capacity Outlook
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Less than 100TB
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100TB-500TB
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500TB-1PB
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More than 1PB
Scale Out Nas Market Interface Outlook
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Fibre Channel
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Ethernet
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InfiniBand
Scale Out Nas Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
54.02(USD Billion) |
| Market Size 2023 |
58.74(USD Billion) |
| Market Size 2032 |
125.0(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
8.75% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Dell Technologies, Pure Storage (Pure), IBM, Cloudian, MinIO, Caringo (acquired by Quantum Corporation), StorONE, Zadara Storage, Elastifile, WekaIO, ExaScaler, Hewlett Packard Enterprise (HPE), Qumulo, Hitachi Vantara (Hitachi), NetApp |
| Segments Covered |
Deployment Model, Application, Capacity, Interface, Regional |
| Key Market Opportunities |
Cloud computing adoption Big data proliferation Digital transformation |
| Key Market Dynamics |
Data growth cloud adoption artificial intelligence |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Scale Out Nas Market is expected to reach a valuation of 58.74 billion USD in 2023.
The Scale Out Nas Market is projected to grow at a CAGR of 8.75% from 2023 to 2032.
The Scale Out Nas Market is expected to reach a valuation of 125.0 billion USD by 2032.
North America is expected to hold the largest market share in the Scale Out Nas Market throughout the forecast period.
The enterprise segment is expected to drive the growth of the Scale Out Nas Market, owing to the increasing adoption of scale-out NAS solutions by enterprises for data storage and management.
Some of the key competitors in the Scale Out Nas Market include Dell EMC, NetApp, HPE, IBM, and Huawei.
The key trends driving the growth of the Scale Out Nas Market include the increasing demand for data storage and management solutions, the adoption of cloud computing, and the growing need for data analytics.
The challenges faced by the Scale Out Nas Market include the high cost of deployment, the complexity of managing scale-out NAS systems, and the lack of skilled professionals.
The opportunities for growth in the Scale Out Nas Market include the increasing demand for data storage and management solutions, the adoption of cloud computing, and the growing need for data analytics.
The COVID-19 pandemic has had a positive impact on the Scale Out Nas Market, as the demand for data storage and management solutions has increased due to the shift to remote work and the adoption of cloud computing.
