#securedbackup

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Leading Data Connectivity: Positioning for Growth in the Network Attached Storage Market

The exploding demand for storage capacity in our increasingly internet-dependent world and its tight labor market results in the growing demand for the network-attached storage market. The rapid increase in the need for online capacity fuels the Business technology trends.

With the rapid globalization and a shift in the lifestyles of consumers smartphones, laptops, and tablets have become inevitable. The increased data volume and internet usage leads to the exponential growth of big data consequently fueling the demand for network-attached storage solutions. Post-pandemic the shift towards remote work and distributed teams further accelerates the demand for network-attached storage solutions.

The presence of a large number of key players across the globe has led to an increase in the generation of unstructured data volume creating the need for modern-day storage solutions to maintain secured backup across IT infrastructures. Many small and medium-sized enterprises are adopting network-attached storage due to their cost effectiveness of deployment and scalability. The market is highly fragmented with several established players and emerging entries offering a wide range of products targeting different market segments. Competition in the market drives innovation leading to the introduction of more advanced and featured network-attached storage solutions.