NEW YORK, Feb. 9, 2023 /PRNewswire/ — In 2022, the network-attached storage market was worth around USD 22,850 million, and it is projected to advance at a 13.55% CAGR from 2022 to 2030, hitting USD 63,151 million in 2030, as per P&S Intelligence.
This growth can be credited to the rise in the use of smartphones, 5G networks, and the internet of things, which leads to vast volumes of data, including audio, text files, videos, and photographs.
By 2025, approximately 80% of the global digital data will be unstructured, which will propel the demand for network-attached storage.
Growing Security Risk to Data
With the surge in the size of digital information, its theft and illegal access have become major worries for companies and people. Firms need to be ready in the case of virus, DDoS, malware, and ransomware attacks.
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