Buffalo Technology Achieves the Consumer NAS Market Leader Position for the Fifth Year, Based On New Report Published By In-Stat.
Middle East, 16, March 2010: Buffalo Technology, a global leader in the design, development and manufacturing of storage and wireless networking solutions, confirms that it has once again retained the number one spot in the Consumer Network Attached Storage (NAS) market.
In-Stat’s latest report, Worldwide Consumer Network Storage Market confirms Buffalo’s continued market lead ahead of competitors Western Digital, Iomega and Hewlett Packard (HP). The report reveals the 2008 and 2009 market share positions of the top 10 consumer NAS vendors.
According to the, Consumer Network Attached Storage (NAS) is moving from the innovator stage to the early adopter stage and will see rapid growth over the next several years. The report also highlights that Web-enabled consumer devices, such as TVs and
Blu-ray players are further diversifying the demand and applications for consumer network storage devices.
Jasem Al Roomi, Director at Buffalo Advantec FZCO Middle East, Buffalo Technology, said: “Leading the consumer network storage market for the fifth consecutive year is wonderful news and it clearly demonstrates our commitment to providing customers with the best NAS products available in the market. We are delighted to be leading the way in this growing marketplace and we will continue to develop solutions that evolve with customer needs.”
In-Stat’s research found that:
• The consumer network storage market will grow at a compound annual growth rate of nearly 40% between 2009 and 2014.
• Starting in 2011, Europe will become the leading Consumer NAS market.
• Consumer network storage capacities up to 1.5 terabytes will peak in 2011, giving way to even higher capacities.
“Consumer Network Storage devices increase the content that can be stored and distributed via the home network,” says Norm Bogen, In-Stat analyst. “This increases the value of the entire home network to its users, as well as enabling new applications and capabilities.”