What is the Spain market-size (TAM) for the NAS server industry?

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What is the Spain market-size (TAM) for the NAS server industry?

Overall, an exact market size for the NAS server industry in Spain was not found to be publicly available. This is because information specific to Spain was only located within pay-walled market size reports, such as this one. In looking for this information, we searched exhaustively through industry and market reports, and trusted media sites which often feature insights from analysts. However, despite this lack of information, we were able to triangulate a loose estimate for you, based on the publicly available information we located. Given this, we estimate that the NAS industry in Spain has a market size (TAM) in the ballpark of $88.14 million. Below, you will find a deep dive of our findings and triangulation.

Findings and triangulation method

During our research, we were able to locate specific information which provided the Spanish market size for the all-flash arrays market. All-flash arrays (AFAs) are similar to network-attached storage (NAS), as an AFA simply uses flash memory instead of hard disks. AFAs are a disruptor technology within the overarching external data storage market. In order to approach our triangulation, we first determined the market share of the AFA market size in Spain against the global AFA market size. Next, we made a broad assumption that the Spanish AFA market share is similar to the Spanish NAS market share, because these are very closely related markets. Once we understood our assumed NAS market share for Spain, we compared this market share against the global NAS market size, which allowed us to arrive at our final estimate for the NAS market size in Spain. Below, we have outlined our calculations.

afa market share in spain

The global market for AFAs is expected reach to $17.884 billion in 2024 growing about 27.9% CAGR between 2017 and 2024. We used these figures to determine the 2017 market size for AFAs by subtracting 27.9% of the market size from each year going backwards to 2017:

2024: $17.884 billion
27.9% of $17.884 billion is about $4.989 billion.

2023: $12.895 billion
$17.884 billion - $4.989 billion = $12.895 billion.
27.9% of $12.895 billion is about $3.597 billion.

2022: $9.298 billion
$12.895 - $3.597 billion = $9.298 billion.
27.9% of $9.298 billion is $2.594 billion.

2021: $6.704 billion
$9.298 billion - $2.594 billion = $6.704 billion.
27.9% of $6.704 billion is $1.870 billion.

2020: $4.834 billion
$6.704 billion - $1.870 billion = $4.834 billion.
27.9% of $4.834 billion is $1.348 billion.

2019: $3.486 billion
$4.834 billion - $1.348 billion = $3.486 billion.
27.9% of $3.486 billion is $0.972 billion.

2018: $2.514 billion
$3.486 billion - $0.972 billion = $2.514 billion.
27.9% of $2.514 billion is $0.701 billion.

2017: $1.813 billion.
$2.514 billion - $0.701 billion = $1.813 billion.

Based on these calculations, the AFA global market size in 2017 is $1.813 billion. In 2016, the AFA market in Spain was worth $10.97 million. Using these figures, we will calculate the market share of the AFA market in Spain:

($10.97 million x 100)/$1.813 billion = 0.60%.

Based on this calculation, the market share of the AFA market in Spain is 0.60% of the global AFA market size.

NAS market size in Spain

Once we understood that the AFA market share in Spain is 0.60% of the global AFA market size, we made a broad assumption that the NAS market share in Spain is roughly about the same as the AFA market share, on the basis that these are closely related markets (as explained above). Therefore, we used the global NAS market size and calculated a 0.60% share in order to calculate an estimate of the NAS market size in Spain.

The global NAS market size is projected to reach $44 billion by 2021 with 24% CAGR between 2015 and 2021. We used these figures to determine the 2017 market size for NAS by subtracting 24% of the market size from each year going backwards to 2017:

2021: $44 billion
24% of $44 billion is $10.55 billion.

2020: $33.45 billion
$44 billion - $10.55 billion = $33.45 billion.
24% of $33.45 billion is about $8.03 billion.

2019: $25.42 billion
$33.45 billion - $8.03 billion = $25.42 billion.
24% of $25.42 billion is about $6.1 billion.

2018: $19.32 billion
$25.42 billion - $6.1 billion = $19.32 billion.
24% of $19.32 billion is $4.63 billion.

2017: $14.69 billion
$19.32 billion - $4.63 billion = $14.69 billion.

Based on these calculations, the global NAS market size was $14.69 billion in 2017. We further calculated that 0.60% of $14.69 billion is $0.08814 billion, or about $88.14 million. Based on this, we estimate that the NAS market size in Spain in 2017 was about $88.14 million.

conclusion

In closing, while an exact figure of the NAS market size in Spain is not publicly available as this information is locked behind pay-walls, we have been able to triangulate a loose estimate for you using calculations of the available, related information. Through this process, we estimate that the NAS market size in Spain in 2017 was about $88.14 million.

Sources
Sources