| Product Code: ETC5609387 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for network-attached storage (NAS) products experienced a -17.17% growth rate from 2023 to 2024, with a compound annual growth rate (CAGR) of 16.93% from 2020 to 2024. This decline in import momentum could be attributed to shifts in demand patterns or changes in market dynamics affecting the NAS industry.
Armenia`s network attached storage (NAS) market is expanding with increasing data storage demands across businesses and institutions. NAS systems offer centralized data management, backup, and file sharing capabilities, supporting efficient data access and collaboration.
Armenia`s network-attached storage (NAS) market is driven by data storage requirements, cloud storage integrations, and file sharing solutions. Drivers include demand for NAS appliances, RAID (Redundant Array of Independent Disks) systems, and scalable storage architectures supporting data-intensive applications in enterprises and SMBs.
The Network Attached Storage market in Armenia encounters challenges such as scaling storage capacities for big data applications, ensuring data redundancy and disaster recovery capabilities, and addressing performance bottlenecks in multi-user environments. Innovating in hybrid cloud storage solutions and enhancing data encryption technologies are critical for supporting data-intensive workflows across business enterprises.
Government policies in Armenia support the network attached storage market through initiatives that promote data storage efficiency, regulatory frameworks for storage systems, and industry standards for network attached storage devices. Regulatory frameworks aim to ensure data security, compliance with privacy regulations, and support for scalable storage solutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Network Attached Storage Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Network Attached Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Network Attached Storage Market - Industry Life Cycle |
3.4 Armenia Network Attached Storage Market - Porter's Five Forces |
3.5 Armenia Network Attached Storage Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.6 Armenia Network Attached Storage Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Armenia Network Attached Storage Market Revenues & Volume Share, By Storage Solution, 2021 & 2031F |
3.8 Armenia Network Attached Storage Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.9 Armenia Network Attached Storage Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Armenia Network Attached Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cloud services in Armenia, leading to higher demand for network attached storage solutions. |
4.2.2 Growth in data generation and storage requirements among businesses and organizations in Armenia. |
4.2.3 Rising focus on data security and compliance, driving the need for secure storage solutions. |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing network attached storage solutions. |
4.3.2 Limited awareness and understanding of the benefits of network attached storage among small and medium-sized enterprises in Armenia. |
5 Armenia Network Attached Storage Market Trends |
6 Armenia Network Attached Storage Market Segmentations |
6.1 Armenia Network Attached Storage Market, By Design |
6.1.1 Overview and Analysis |
6.1.2 Armenia Network Attached Storage Market Revenues & Volume, By 1? ??8 Bays, 2021-2031F |
6.1.3 Armenia Network Attached Storage Market Revenues & Volume, By 8? ??12 Bays, 2021-2031F |
6.1.4 Armenia Network Attached Storage Market Revenues & Volume, By 12? ??20 Bays, 2021-2031F |
6.1.5 Armenia Network Attached Storage Market Revenues & Volume, By More than 20 Bays, 2021-2031F |
6.2 Armenia Network Attached Storage Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Armenia Network Attached Storage Market Revenues & Volume, By Enterprise NAS Solutions, 2021-2031F |
6.2.3 Armenia Network Attached Storage Market Revenues & Volume, By Midmarket NAS Solutions, 2021-2031F |
6.3 Armenia Network Attached Storage Market, By Storage Solution |
6.3.1 Overview and Analysis |
6.3.2 Armenia Network Attached Storage Market Revenues & Volume, By Scale-up NAS, 2021-2031F |
6.3.3 Armenia Network Attached Storage Market Revenues & Volume, By Scale-out NAS, 2021-2031F |
6.4 Armenia Network Attached Storage Market, By Deployment Type |
6.4.1 Overview and Analysis |
6.4.2 Armenia Network Attached Storage Market Revenues & Volume, By On-premises, 2021-2031F |
6.4.3 Armenia Network Attached Storage Market Revenues & Volume, By Remote/Cloud, 2021-2031F |
6.4.4 Armenia Network Attached Storage Market Revenues & Volume, By Hybrid, 2021-2031F |
6.5 Armenia Network Attached Storage Market, By End User Industry |
6.5.1 Overview and Analysis |
6.5.2 Armenia Network Attached Storage Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.5.3 Armenia Network Attached Storage Market Revenues & Volume, By Consumer Goods & Retail, 2021-2031F |
6.5.4 Armenia Network Attached Storage Market Revenues & Volume, By Telecommunications & ITES, 2021-2031F |
6.5.5 Armenia Network Attached Storage Market Revenues & Volume, By Healthcare, 2021-2031F |
6.5.6 Armenia Network Attached Storage Market Revenues & Volume, By Energy, 2021-2031F |
6.5.7 Armenia Network Attached Storage Market Revenues & Volume, By Government, 2021-2031F |
6.5.8 Armenia Network Attached Storage Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.5.9 Armenia Network Attached Storage Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
7 Armenia Network Attached Storage Market Import-Export Trade Statistics |
7.1 Armenia Network Attached Storage Market Export to Major Countries |
7.2 Armenia Network Attached Storage Market Imports from Major Countries |
8 Armenia Network Attached Storage Market Key Performance Indicators |
8.1 Average data storage capacity per business in Armenia. |
8.2 Number of businesses investing in data security solutions. |
8.3 Growth rate of data storage solutions market in Armenia. |
8.4 Adoption rate of cloud services among businesses in Armenia. |
8.5 Number of cybersecurity incidents in Armenia affecting data storage systems. |
9 Armenia Network Attached Storage Market - Opportunity Assessment |
9.1 Armenia Network Attached Storage Market Opportunity Assessment, By Design, 2021 & 2031F |
9.2 Armenia Network Attached Storage Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Armenia Network Attached Storage Market Opportunity Assessment, By Storage Solution, 2021 & 2031F |
9.4 Armenia Network Attached Storage Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.5 Armenia Network Attached Storage Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Armenia Network Attached Storage Market - Competitive Landscape |
10.1 Armenia Network Attached Storage Market Revenue Share, By Companies, 2024 |
10.2 Armenia Network Attached Storage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |