Network Attached Storage Market Outlook:
Network Attached Storage Market size was valued at USD 40.18 billion in 2025 and is set to exceed USD 155.62 billion by 2035, expanding at over 14.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of network attached storage is estimated at USD 45.42 billion.
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.
