How big is the NAS Market | Industry Insights, Size & Forecast 2025

Code: MTA7630 Publication Date: Aug 2025

How big is the NAS Market?

According to 6Wresearch internal database and industry insights, the NAS (Network Attached Storage) Market was valued at USD 27.9 Billion in 2024 and is projected to reach USD 59.7 Billion by 2031, growing at a compound annual growth rate (CAGR) of 11.2% during the forecast period 2025–2031.

The market growth is driven by the rapid expansion of data storage needs, increasing cloud adoption, and demand for scalable and secure storage solutions in enterprises and homes.

Key Growth Drivers of the NAS Market

  • Explosion of unstructured data in businesses demanding centralized storage solutions
  • Small and medium businesses adopting affordable NAS systems for data backup and file sharing
  • Increasing cybersecurity awareness and demand for private cloud alternatives
  • IoT and surveillance systems generating large volumes of data requiring local storage
  • Growing popularity of remote access and hybrid cloud environments

NAS Market Trends

The NAS market is seeing rapid innovation with the emergence of AI-enabled NAS, multi-bay systems, and cloud-integrated hybrid NAS solutions. Need of local, high-speed storage has also been driven by 5G and edge computing. The trend towards software-defined storage (SDS) and support of RAID arrangements using enterprise-level redundancy is also on the increase. Consumer use of NAS is increasing because of multimedia storage and smart home systems.

Emerging Developments in the NAS Market

The manufacturers are implementing AI based data management and analytics to NAS units bringing the intelligent file categorization, security alert, and workload prediction. The ability to connect with teamwork solutions (e.g., Microsoft 365, Google Workspace) is also not an exception. Besides, energy efficient NAS devices are in release into the market with compatibility with solid-state drive (SSD). Ransomware protection features, snapshot recovery, and end-to-end encryption are being merged into the standard features.

List of Leading Companies in the NAS Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1.Synology Inc.

Company NameSynology Inc.
Establishment Year2000
HeadquarterTaipei, Taiwan
Official WebsiteClick here

Offers reliable and feature-rich NAS systems for SMBs, enterprises, and home users with extensive app ecosystem.

2.QNAP Systems, Inc.

Company NameQNAP Systems, Inc.
Establishment Year2004
HeadquarterTaipei, Taiwan
Official WebsiteClick here

Specializes in high-performance and scalable NAS solutions with multimedia, surveillance, and virtualization support.

3.Western Digital Corporation

Company NameWestern Digital Corporation
Establishment Year1970
HeadquarterCalifornia, United States
Official WebsiteClick here

Provides My Cloud and WD Red NAS drives, known for ease of use, backup, and file sharing capabilities.

4.NetApp, Inc.

Company NameNetApp, Inc.
Establishment Year1992
HeadquarterCalifornia, United States
Official WebsiteClick here

Leading provider of enterprise-grade NAS systems with hybrid cloud capabilities and data fabric solutions.

5.Seagate Technology Holdings PLC

Company NameSeagate Technology Holdings PLC
Establishment Year1979
HeadquarterDublin, Ireland
Official WebsiteClick here

Offers scalable NAS drives and systems optimized for multi-user environments and high-speed data access.

6.Buffalo Inc.

Company NameBuffalo Inc.
Establishment Year1975
HeadquarterNagoya, Japan
Official WebsiteClick here

Manufacturer of Tera Station NAS devices focused on SMBs with built-in data protection and cloud sync.

7.Asustor Inc.

Company NameAsustor Inc.
Establishment Year2011
HeadquarterTaipei, Taiwan
Official WebsiteClick here

Delivers consumer and business NAS systems with a rich user interface and app-driven architecture.

8.Drobo (StorCentric)

Company NameDrobo (StorCentric)
Establishment Year2005
HeadquarterCalifornia, United States
Official WebsiteClick here

Known for storage arrays and NAS solutions designed for simplicity, redundancy, and creative professionals.

9.Zyxel Communications Corp.

Company NameZyxel Communications Corp.
Establishment Year1989
HeadquarterHsinchu, Taiwan
Official WebsiteClick here

Provides reliable and affordable NAS systems for small offices and remote backups.

10.Dell Technologies Inc.

Company NameDell Technologies Inc.
Establishment Year1984
HeadquarterTexas, United States
Official WebsiteClick here

Offers enterprise-grade NAS and unified storage systems under its Power Scale (formerly Isilon) brand.

How big is the NAS Market : FAQ's

It was valued at USD 27.9 Billion in 2024 and is projected to reach USD 59.7 Billion by 2031.
The NAS market is expected to grow at a CAGR of 11.2% from 2025 to 2031.
Due to scalability, data privacy, ease of remote access, and increasing data-intensive workloads.
Enterprise NAS leads in terms of revenue, but SMBs and home NAS systems are growing fastest.
North America, followed closely by Asia-Pacific, driven by IT infrastructure expansion.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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