Network Attached Storage Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Network Attached Storage Market in 2025 is evaluated at USD 35.87 billion. The global Market size was around USD 32.61 billion in 2024 and is likely to expand at a CAGR of over 12.5%, surpassing USD 150.78 billion revenue by 2037. North America is estimated to secure USD 52.77 billion by 2037, due to investment in wireless technologies and 5G rollout.
The rising demand for smartphones is one of the primary reasons responsible to the market growth. Huge amounts of data have been generated by the rising use of smartphones, tablets, and laptops. The smartphone usage is anticipated to reach around 7.7 billion people by 2027. This factor is escalating the market growth rapidly.
Furthermore, due to the rising demand for data backup and redundancy, the implementation of cloud storage is the main factor driving the use of network-linked solutions. Higher data manageability and scalability for managing and storing the data are made possible by network-attached systems.
