According to market research company IDC, the size of the market hasn’t changed that much for the last two years, but the decline is due to people using public clouds and because there’s a change in the way people use media.
Jingwen Li, an analyst at IDG, said that while this sector has shown a decline, there are growth opportunities, particularly for personal and entry level NAS units.
Even though the overall market showed a decline, dual interface products grew by 56.7 percent year on year. This sector consists of USB-Thunderbolt and USB-WiFi products.
An IDC chart shows the way things have changed in this market, which is still worth a great deal of money.