Network File System Market Outlook (2022-2032)

[342 Pages Report] The network file system market is anticipated to rise to a valuation of US$ 3.5 Billion in 2022 and is likely to reach US$ 13.5 Billion by 2032. It is likely to grow with a CAGR of 14.2% during the forecast period from 2022 to 2032.

Report Attribute Details
Network File System Market Value (2022) US$ 3.5 Billion
Network File System Market Anticipated Forecast Value (2032) US$ 13.5 Billion
Network File System Market Projected Growth Rate (2022-2032) 14.2%

Network file system market share is likely to rise as the network file system is widely used for business processes in enterprises to allow users to access a file from the desktop of their clients. The IT needs of an organization that includes storing, process and serving a large amount of data on a server are anticipated to generate the demand for network file system during the forecast period.

As business processes are becoming complex, there is a notable surge in demand for data centres, resulting in the evolvement of multi-tenant data centres, which is likely to increase the adoption of network file system. The network file system caters to multiple clients with a single instance of a software application, with clients having a shared affinity at some level, which is further likely to propel the demand for network file system.

The network file system enables sharing of information with client in a prompt and seamless manner, thereby leading to the rise in the network file system market growth.

The demand for network file system increases as it is further used in various operating systems, allowing remote procedures calls and is a low-cost system. It also allows the storage of all files locally on the hard disk & reduce the storage problem. Due to such benefits the network file system market size is likely to rise during the forecast period.

The network file system transfers large data files with high performance and less latency, which is likely to increase the sales of network file system during the forecast period. Different sectors such as IT, Telecommunications, BSFI, Logistics, Transportation, Healthcare, Manufacturing and others are likely to boost the network file system market growth due to widespread use of the network file system to secure their data.

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What Are Some Of The Factors Influencing The Network File System Market?

The ever-growing internet traffic is the major driver in the network file system market share during the forecast period. Moreover, factors such as continuous up-gradation in data centres, resulting in obsolescence in existing data centres, is likely to the demand for network file system.

Quick response, deployment, and technical advancements are also some important factors are like to influence the network file system market during the forecast period. However, data security concerns and inflexibility are some challenges faced in the network file system, which decline the network file system market during the forecasted period. Another factor that can restrain the growth of the network file system market is reduction in the data inconsistency.

As per the FMI report, the key industries play a vital role all around the regions that growing the network file system market share during the forecast period from 2022 to 2032. Based on the product segment, it is further categorised into NFSv3, NFSv4, NFSv2 and others that are likely to rise in the network file system market size during the forecast period as per network file system market report.

The market is supposed to fluctuate at the time of COVID-19 situations & start again with the same speed with the help of market participants including vendors, distributors, suppliers, manufacturers, and end-users to raise the lion’s share in the network file system market growth.

The network file system delivers more with few resources resulting in the reduction of the capital expenditures in data centres. Companies are adopting the network file system infrastructure as it also caters for the need for a quick response in business processes are likely to increase the adoption of network file system in the coming period.

How Is The Performance Of The North America Network File System Market?

North America region holds a prominent share in the network file system market growth due to the presence of a wide variety of end-user enterprises and a competitive environment in the region during the forecast period from 2022 to 2032.

It acquires 32.6% of the share in the global network file system market size during the forecast period. The various industries are likely to grow the North American network file system market analysis.

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How Will The Europe Network File System Market Grow?

In Europe, the network file system market is likely to grow at a significant pace due to the rise in business demands and IT needs. Europe placed in the second position in the network file system market by acquiring 21.7% of the share in the network file system market. The adoption of network file system rising due to the large-scale outsourcing of managed hosting services in this region during the forecast period from 2022 to 2032.

How Is The Start-Up Ecosystem In The Network File System Market?

The network file system is allowed to share the file & data among the client by providing centralized administration and data security, which are likely to grow the network file market key trends & opportunities in the recent year.

The network file system uses in several application operating systems including macOS, Linus and Unix which are used in almost every enterprise leading to an increase in the network file system market size.

The adoption of network file system allows the users to make use of a single file which gives the available information, latest trends using the same file are anticipated to grow the network file system future trends during the forecast period from 2022 to 2032.

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Who Are Some Of The Key Competitors In The Network File System Market?

CenturyLink, Cisco, IBM Corporation, Digital Realty, Equinix, Inc., RACKSPACE, Global Switch, Level 3 Communications, and NTT Communications Corporation, are some of the key players in the network file system market.

Other prominent players in this market include Ascenty, AT&T, CentriLogic, China Telecom, CtrlS Datacenters, Cyrus, Expedient Data Centers, Telefonica, Telehouse (KDDI), Datapipe, Digiplex, DuPont Fabros, Fujitsu, HCL, Interoute Communications, Interxion, IO, NaviSite, PCCW Global, Singtel, Telstra International, Verizon Enterprise, and Zayo Group.

Recent Development in Network File System Market are:

  • On 26 January 2021, a software leading company named DataCore software acquired Caringo Inc to offer various software storage solutions for an object, file and block from a single vendor. It helps DataCore software to add expertise and talent in this acquisition for their customers.

Report Scope

Report Attribute Details
Growth Rate CAGR of 14.2% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2016-2021
Forecast Period 2022-2032
Quantitative Units Revenue in USD Million and CAGR from 2022-2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered
  • Enterprise Size
  • Version
  • Features
  • Region
Regions Covered
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa
Key Countries Profiled
  • USA
  • Canada
  • Brazil
  • Argentina
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa
Key Companies Profiled
Customization Available Upon Request

Segments

By Enterprise Size:

  • SMEs
  • Large Enterprises

By Version:

  • NFSv3
  • NFSv4
  • NFSv4.1
  • NFSv4.2

By Features:

  • Tiered File System
  • Disaster Recovery
  • Automated Deduplication
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA
     

Frequently Asked Questions

What is the Growth Outlook for the Network File System Market?

The network file system market is likely to advance at a CAGR of 14.2% through 2032.

Which Region Holds the Network File System Market Share?

The North American region holds a network file system market share of 32.6% by 2032.

What is the Current Valuation of the Network File System Market?

The network file system market is anticipated to expect US$ 3.5 Billion in 2022.

What is the Future of the Network File System Market?

The network file system market is expected to account for US$ 13.5 Billion by 2032.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Investment Feasibility Matrix
    3.5. PESTLE and Porter’s Analysis
    3.6. Regulatory Landscape
        3.6.1. By Key Regions
        3.6.2. By Key Countries
    3.7. Regional Parent Market Outlook
4. Global Network File System Market Analysis 2017-2021 and Forecast, 2022-2032
    4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
    4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Network File System Market Analysis 2017-2021 and Forecast 2022-2032, By Enterprise Size
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Mn) Analysis By Enterprise Size, 2017-2021
    5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Enterprise Size, 2022-2032
        5.3.1. SMEs
        5.3.2. Large Enterprises
    5.4. Y-o-Y Growth Trend Analysis By Enterprise Size, 2017-2021
    5.5. Absolute $ Opportunity Analysis By Enterprise Size, 2022-2032
6. Global Network File System Market Analysis 2017-2021 and Forecast 2022-2032, By Version
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Mn) Analysis By Version, 2017-2021
    6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Version, 2022-2032
        6.3.1. NFSv3
        6.3.2. NFSv4
        6.3.3. NFSv4.1
        6.3.4. NFSv4.2
    6.4. Y-o-Y Growth Trend Analysis By Version, 2017-2021
    6.5. Absolute $ Opportunity Analysis By Version, 2022-2032
7. Global Network File System Market Analysis 2017-2021 and Forecast 2022-2032, By Features
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Mn) Analysis By Features, 2017-2021
    7.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Features, 2022-2032
        7.3.1. Tiered File System
        7.3.2. Disaster Recovery
        7.3.3. Automated Deduplication
        7.3.4. Others
    7.4. Y-o-Y Growth Trend Analysis By Features, 2017-2021
    7.5. Absolute $ Opportunity Analysis By Features, 2022-2032
8. Global Network File System Market Analysis 2017-2021 and Forecast 2022-2032, By Region
    8.1. Introduction
    8.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021
    8.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032
        8.3.1. North America
        8.3.2. Latin America
        8.3.3. Europe
        8.3.4. Asia Pacific
        8.3.5. MEA
    8.4. Market Attractiveness Analysis By Region
9. North America Network File System Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        9.2.1. By Country
            9.2.1.1. US
            9.2.1.2. Canada
        9.2.2. By Enterprise Size
        9.2.3. By Version
        9.2.4. By Features
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Enterprise Size
        9.3.3. By Version
        9.3.4. By Features
    9.4. Key Takeaways
10. Latin America Network File System Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        10.2.1. By Country
            10.2.1.1. Brazil
            10.2.1.2. Mexico
            10.2.1.3. Rest of Latin America
        10.2.2. By Enterprise Size
        10.2.3. By Version
        10.2.4. By Features
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Enterprise Size
        10.3.3. By Version
        10.3.4. By Features
    10.4. Key Takeaways
11. Europe Network File System Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        11.2.1. By Country
            11.2.1.1. Germany
            11.2.1.2. U.K.
            11.2.1.3. France
            11.2.1.4. Spain
            11.2.1.5. Italy
            11.2.1.6. Rest of Europe
        11.2.2. By Enterprise Size
        11.2.3. By Version
        11.2.4. By Features
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Enterprise Size
        11.3.3. By Version
        11.3.4. By Features
    11.4. Key Takeaways
12. Asia Pacific Network File System Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        12.2.1. By Country
            12.2.1.1. China
            12.2.1.2. Japan
            12.2.1.3. South Korea
            12.2.1.4. Rest of Asia Pacific
        12.2.2. By Enterprise Size
        12.2.3. By Version
        12.2.4. By Features
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Enterprise Size
        12.3.3. By Version
        12.3.4. By Features
    12.4. Key Takeaways
13. MEA Network File System Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        13.2.1. By Country
            13.2.1.1. GCC Countries
            13.2.1.2. South Africa
            13.2.1.3. Israel
            13.2.1.4. Rest of MEA
        13.2.2. By Enterprise Size
        13.2.3. By Version
        13.2.4. By Features
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Enterprise Size
        13.3.3. By Version
        13.3.4. By Features
    13.4. Key Takeaways
14. Key Countries Network File System Market Analysis
    14.1. US
        14.1.1. Pricing Analysis
        14.1.2. Market Share Analysis, 2021
            14.1.2.1. By Enterprise Size
            14.1.2.2. By Version
            14.1.2.3. By Features
    14.2. Canada
        14.2.1. Pricing Analysis
        14.2.2. Market Share Analysis, 2021
            14.2.2.1. By Enterprise Size
            14.2.2.2. By Version
            14.2.2.3. By Features
    14.3. Brazil
        14.3.1. Pricing Analysis
        14.3.2. Market Share Analysis, 2021
            14.3.2.1. By Enterprise Size
            14.3.2.2. By Version
            14.3.2.3. By Features
    14.4. Mexico
        14.4.1. Pricing Analysis
        14.4.2. Market Share Analysis, 2021
            14.4.2.1. By Enterprise Size
            14.4.2.2. By Version
            14.4.2.3. By Features
    14.5. Germany
        14.5.1. Pricing Analysis
        14.5.2. Market Share Analysis, 2021
            14.5.2.1. By Enterprise Size
            14.5.2.2. By Version
            14.5.2.3. By Features
    14.6. U.K.
        14.6.1. Pricing Analysis
        14.6.2. Market Share Analysis, 2021
            14.6.2.1. By Enterprise Size
            14.6.2.2. By Version
            14.6.2.3. By Features
    14.7. France
        14.7.1. Pricing Analysis
        14.7.2. Market Share Analysis, 2021
            14.7.2.1. By Enterprise Size
            14.7.2.2. By Version
            14.7.2.3. By Features
    14.8. Spain
        14.8.1. Pricing Analysis
        14.8.2. Market Share Analysis, 2021
            14.8.2.1. By Enterprise Size
            14.8.2.2. By Version
            14.8.2.3. By Features
    14.9. Italy
        14.9.1. Pricing Analysis
        14.9.2. Market Share Analysis, 2021
            14.9.2.1. By Enterprise Size
            14.9.2.2. By Version
            14.9.2.3. By Features
    14.10. China
        14.10.1. Pricing Analysis
        14.10.2. Market Share Analysis, 2021
            14.10.2.1. By Enterprise Size
            14.10.2.2. By Version
            14.10.2.3. By Features
    14.11. Japan
        14.11.1. Pricing Analysis
        14.11.2. Market Share Analysis, 2021
            14.11.2.1. By Enterprise Size
            14.11.2.2. By Version
            14.11.2.3. By Features
    14.12. South Korea
        14.12.1. Pricing Analysis
        14.12.2. Market Share Analysis, 2021
            14.12.2.1. By Enterprise Size
            14.12.2.2. By Version
            14.12.2.3. By Features
    14.13. GCC Countries
        14.13.1. Pricing Analysis
        14.13.2. Market Share Analysis, 2021
            14.13.2.1. By Enterprise Size
            14.13.2.2. By Version
            14.13.2.3. By Features
    14.14. South Africa
        14.14.1. Pricing Analysis
        14.14.2. Market Share Analysis, 2021
            14.14.2.1. By Enterprise Size
            14.14.2.2. By Version
            14.14.2.3. By Features
    14.15. Israel
        14.15.1. Pricing Analysis
        14.15.2. Market Share Analysis, 2021
            14.15.2.1. By Enterprise Size
            14.15.2.2. By Version
            14.15.2.3. By Features
15. Market Structure Analysis
    15.1. Competition Dashboard
    15.2. Competition Benchmarking
    15.3. Market Share Analysis of Top Players
        15.3.1. By Regional
        15.3.2. By Enterprise Size
        15.3.3. By Version
        15.3.4. By Features
16. Competition Analysis
    16.1. Competition Deep Dive
        16.1.1. Oracle
            16.1.1.1. Overview
            16.1.1.2. Product Portfolio
            16.1.1.3. Profitability by Market Segments
            16.1.1.4. Sales Footprint
            16.1.1.5. Strategy Overview
                16.1.1.5.1. Marketing Strategy
        16.1.2. DataCore Software
            16.1.2.1. Overview
            16.1.2.2. Product Portfolio
            16.1.2.3. Profitability by Market Segments
            16.1.2.4. Sales Footprint
            16.1.2.5. Strategy Overview
                16.1.2.5.1. Marketing Strategy
        16.1.3. F5
            16.1.3.1. Overview
            16.1.3.2. Product Portfolio
            16.1.3.3. Profitability by Market Segments
            16.1.3.4. Sales Footprint
            16.1.3.5. Strategy Overview
                16.1.3.5.1. Marketing Strategy
        16.1.4. Datto 
            16.1.4.1. Overview
            16.1.4.2. Product Portfolio
            16.1.4.3. Profitability by Market Segments
            16.1.4.4. Sales Footprint
            16.1.4.5. Strategy Overview
                16.1.4.5.1. Marketing Strategy
        16.1.5. Cloudian
            16.1.5.1. Overview
            16.1.5.2. Product Portfolio
            16.1.5.3. Profitability by Market Segments
            16.1.5.4. Sales Footprint
            16.1.5.5. Strategy Overview
                16.1.5.5.1. Marketing Strategy
        16.1.6. DataDirect Networks
            16.1.6.1. Overview
            16.1.6.2. Product Portfolio
            16.1.6.3. Profitability by Market Segments
            16.1.6.4. Sales Footprint
            16.1.6.5. Strategy Overview
                16.1.6.5.1. Marketing Strategy
        16.1.7. Hitachi Vantara
            16.1.7.1. Overview
            16.1.7.2. Product Portfolio
            16.1.7.3. Profitability by Market Segments
            16.1.7.4. Sales Footprint
            16.1.7.5. Strategy Overview
                16.1.7.5.1. Marketing Strategy
        16.1.8. Huawei Technologies
            16.1.8.1. Overview
            16.1.8.2. Product Portfolio
            16.1.8.3. Profitability by Market Segments
            16.1.8.4. Sales Footprint
            16.1.8.5. Strategy Overview
                16.1.8.5.1. Marketing Strategy
        16.1.9. IBM 
            16.1.9.1. Overview
            16.1.9.2. Product Portfolio
            16.1.9.3. Profitability by Market Segments
            16.1.9.4. Sales Footprint
            16.1.9.5. Strategy Overview
                16.1.9.5.1. Marketing Strategy
        16.1.10. Pure Storage
            16.1.10.1. Overview
            16.1.10.2. Product Portfolio
            16.1.10.3. Profitability by Market Segments
            16.1.10.4. Sales Footprint
            16.1.10.5. Strategy Overview
                16.1.10.5.1. Marketing Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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