The growing number of voluminous data files and the need to store the same are expected to enhance the scale-out NAS market. In this report, MarketsandMarkets forecasts the scale-out NAS market size to grow from USD 12.58 Billion in 2017 to USD 32.68 Billion by 2022, at a CAGR of 21.05%. Increasing demand for scale-out NAS applications across enterprises; high cost and downtime of scale-up NAS; rising need for high throughput rate, increased I/O capacity, and low latency with high computing parallel processing; and Big Data analytics propelling the growth of advanced parallel storage platforms are expected to drive the growth of the scale-out NAS market.
The key 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). These players have adopted various strategies such as new product launches, partnerships, agreements, collaboration, expansions, and mergers & acquisitions to achieve growth in the scale-out NAS market.
Companies such as Dell, Inc. (US), Hewlett Packard Enterprise (US), Hitachi Data Systems Ltd (US) and IBM Corporation (US) have adopted the strategy of partnerships, new product launches, and acquisitions to develop and provide advanced products/solutions to strengthen their portfolio and expand their geographic presence in the scale-out NAS market.
Dell, Inc. is one of the leading providers in this market. The company caters to a wide client base and offers robust range of software and services for application services, big data analysis, business processing and outsourcing, cloud, data centers, digital business services, end user, internet of things, mobile, IT support and lifecycle services, and security. The company’s long-term strategy is focused towards partnerships, acquisitions, and new product launches to expand its product portfolio and strengthen its solutions and services capabilities for storage systems. For instance, in September 2016, Dell, Inc. acquired EMC Corporation (US), a leading player in converged systems and storage. Through this acquisition, Dell would be extending its portfolio in storage devices to address the challenge of technological shift to next generation storage devices.
Similar organic and inorganic growth strategies were adopted by Hewlett Packard Enterprise to tap into the scale-out NAS market and to meet the needs of its customers. For instance, in 2015, HPE Company launched HPE 3PAR StoreServ storage solution for all-flash data centers.
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
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