Skip to main content

Demand for Centralized Storage on Home Networks

The number of portable consumer electronics (CE) and computing devices in the home has grown over the last couple of years, with each new device creating more digital media content that ultimately must be stored and archived someplace.

Given this backdrop, the need and use for centralized Network Attached Storage (NAS) will become more practical for one reason -- content access. In a digital home network with multiple computing devices, sharing common storage, content access and media sharing becomes a key component of driving consumer value.

In-Stat says that, based upon the findings of their latest market study, they believe that this will push worldwide consumer NAS unit shipments past 11 million in 2015.

"The concept of centralized storage was originally developed for businesses where access to corporate information through a network connected to multiple devices provided a number of competitive advantages," says Norm Bogen, VP Research at In-Stat.

This context, where benefits are gained connecting multiple devices to a centralized network or storage system, never materialized in the home until recently.

Now, with so many different devices in the home, the value of centralized storage is becoming more apparent. The difference, however, is that the need for home network storage is driven by practicality, while in business the driver is efficiency.


In-Stat's latest market study found the following:

- The consumer NAS market opportunity will continue to be driven by consumers that use a number of portable CE and computing devices in the home and demand remote access to their content.

- Europe will claim over 50 percent of all consumer NAS unit shipments in 2015.

- The estimated household penetration of consumer NAS in North America will be 4.4 percent at year-end 2015.

- Worldwide revenue for the consumer NAS market was approximately $678.4 million in 2010.

- The market, which is being led by Buffalo Technologies in terms of units shipped, also includes Apple, Cisco, D-Link, HP, Iomega, LaCie, NETGEAR, Seagate (Maxtor), Thecus, and Western Digital.

Popular posts from this blog

How Savvy Pioneers Lead the Future of Work

Hybrid and fully remote work are inevitable in the Global Networked Economy where high-performance talent demands flexibility from employers. To enable these progressive work models, organizations are investing in a wide range of technologies to support more agile types of employment.  According to the latest worldwide market study by International Data Corporation (IDC), leading organizations will spend nearly $1 billion on the Future of Work (FoW) in 2023 -- that's an increase of 18.8 percent over 2022. Future of Work Market Development "Work models continue to evolve, but 37 percent of decision-makers in a recent global survey note that Remote and Hybrid work models will be an embedded part of accepted work practices, supported by a continued shift to the cloud, increasingly instrumented and interconnected physical workplaces, and intelligent digital workspaces," said Holly Muscolino, group vice president at IDC . According to the IDC assessment, organizations must mak

Human Resource Transformation Enabled by IT

Many senior executives are taking a proactive approach to digital business transformation in order to achieve their strategic goals. Delivering revenue growth and profitability is now imperative for every function, including Human Resources (HR). The top 3 priority HR technologies this year are skills management, learning experience platforms, and internal talent marketplaces, according to the latest worldwide market study by Gartner. "With a tumultuous global economy, HR technology leaders face a balancing act in 2023," said Sam Grinter, director at Gartner . "Leaders must anticipate greater levels of accountability and demand for measurable outcomes to justify new technology investments." HR Transformation Market Development Forty-four percent of HR leaders report driving better business outcomes is their number one strategic priority for HR technology transformation over the next three years. Growth in headcount and skills (26 percent) and cost optimization (17 p

Virtual Reality Market Set to Reach $100 Billion

Virtual Reality (VR) market growth is now finally coming to fruition. Thanks to current actions and market momentum, VR is approaching what can be considered critical mass. And, not a moment too soon. This growth momentum comes from new hardware and content releases, accelerating enterprise value recognition, and a significant metaverse wild card that could potentially lift adoption and usage. According to the latest worldwide market study by ABI Research, over 85 million VR Head Mounted Displays (HMDs) will be shipped in 2027 across consumer and enterprise segments, creating a $100 billion VR market that includes hardware, software, and services. Virtual Reality Market Development "Expectations have been high in VR for years, and even decades, without notable growth to show. That growth is finally coming over the next five years," said Eric Abbruzzese, research director at ABI Research . The barrier to entry is lower than ever, all while content performance and user experien