Consumer Network Storage Shows Contimued Growth

Posted by at 11:12 am on March 9, 2010

With home networking adoption passing 50% of households in North America and 13% worldwide, the consumer network storage market is seeing continued growth. Web-enabled consumer devices, such as TVs and Blu-ray players, are further diversifying the demand and applications for consumer network storage devices, reports In-Stat.

“Consumer network storage (CNS) 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.”

Recent research by In-Stat found the following:

  • The consumer network storage market will grow at a compound annual growth rate of nearly 40% between 2009 and 2014.
  • 27% of North American consumers that own a network-capable video game console use the devices to watch video that is stored elsewhere on the home network.
  • North America was the largest CNS market in 2009. Starting in 2011, Europe will become the leading CNS market.
  • Consumer network storage capacities up to 1.5 terabytes will peak in 2011, giving way to even higher capacities.

The research, “Global Consumer Network Storage Market” (#IN1004648RC), covers the worldwide market for consumer network storage. It includes:

  • Market forecasts by capacity, price tier, and geographic area through 2014.
  • Examination of market challenges and opportunities, as well as the home network ecosystem.
  • Analysis of consumer survey on home networks, connected devices and usage.
  • Major vendor marketshare, product and feature matrix.

To purchase it online, please visit: http://www.instat.com/catalog/mmcatalogue.asp?id=99.   The price is $3,495 (US).

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