The sales in the global small office home office servers are estimated to project growth at a remarkable CAGR of more than 11 % to 12% during the forecast period 2022-2032. Increasing start-ups inclination toward offices in small spaces from big spaces and rising number of private businesses & self-employed businesses across emerging countries such as China, India, Brazil, Australia, and others are estimated to create lucrative growth opportunities in the global market.
| Report Attribute | Details |
| Small Office Home Office Servers Market Value-based CAGR (2022-2029) | 11% to 12% |
Small office home office servers are data storage solutions that are connected to a computing network, predominantly integrated for the purpose of serving files and data to connected clients. These are Private Network Attached Storage (NAS) solutions that offer all the services that assist such businesses avoid pitfalls and provide required data storage and access solution for small offices and home offices.
Large Enterprise-grade server solutions are not ideal for small businesses due to fewer staff members, low-budget, and self-employed businesses. Hence, numerous small businesses are adopting cloud-based data storage solutions for controlling expenditure.
However, these businesses have to face some harsh realities in case of cloud-based data storage solutions, including unavailability of potential business data in case of data center failure and expensive monthly subscriptions. To escape such constraints small office and home office businesses are increasing procuring private servers for effective data access and storage solution. This is projected to augment the sales of small office home office servers in the global market.
Extravagant cost of small office home office servers, high cost of installation & maintenance due to the presence of complex connection & wiring, and availability of low-cost third party services are hindering the sales in the global market.
Also, a number of small office and home office users are adopting third-party off-site data management and storage solutions, on account of the lack of dedicated information technology (IT) team forces for regular check-ups and maintenance. This is impeding the demand for small office home office servers in the market.
As per FMI, the North America small office home office servers market is anticipated to register growth at a rapid CAGR during the forecast period 2022-2032.
Small office home office servers assist in streamlining the management of several aspect of in-house information storage. Also, the ability to control network up-time, and expand storage capacity, along with additional benefits, such as availability of uninterruptible power supply and avoiding need for expensive subscriptions for off-site data storage solutions, is increasing the adoption of these solutions.
In addition to this, increasing number of small & private businesses, self-employed businesses, and low-budget start-ups across the countries such as the U.S. and Canada is projected to accelerate the sales of small office home office servers in the North America market.
Asia Pacific excluding Japan is expected to account for a significant share in the global small office home office servers market between 2022 and 2032, states Future Market Insights.
As small office home office servers showcase a small footprint and consume low power, it assist in minimizing energy consumption expenses related to data storage. Attributed to such benefits, these solutions are increasingly being adopted by small start-ups and work-from-home business set-ups, creating strong demand for these solutions.
Hence, key players are aiming at launching novel solutions to address the rising demand. For instance, in 2022, QNAP® Systems, Inc., Taiwan-based networking, computing, and storage solution innovator, announced launching 2-bay TS-233 NAS suitable for home and small office environments. Such new product launches are products to bolster the sales in the Asia Pacific excluding Japan market.
Some of the leading players in the small office home office servers market are Apple Inc., Synology Inc., NETGEAR, Microsoft Corporation, QNAP Systems, Inc., Western Digital Technologies, Inc., STMicroelectronics, and ASUSTOR Inc., others.
Attributed to the presence of such high number of participants and frequent new products launches, the market is highly competitive.
| Report Attribute | Details |
| Growth Rate | CAGR of 11% to 12% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Countries Covered |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
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FMI projects the demand for small office home office servers market to expand at 11% to 12% value CAGR by 2032
The market for small office home office servers is dominated by North America, and this trend is projected to continue in the foreseeable future.
Apple Inc., Synology Inc., NETGEAR, Microsoft Corporation, QNAP Systems, Inc., Western Digital Technologies, Inc., STMicroelectronics, and ASUSTOR Inc., are some leading small office home office servers manufacturers
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