Gartner: Netgear leads low-cost NAS market

Report confirms Netgear the worldwide leader in sub-$5,000 business NAS devices

Gartner has confirmed that Netgear is the worldwide leader in sub-$5,000 business Network-Attached Storage (NAS) systems and that it ranks among the top six vendors in the overall business NAS market.

Gartner's April 2009 report, "Market Share: Network Attached Storage/Unified Storage, Worldwide, 2009" details this market leadership as part of an examination of total revenues and units shipped in 2008. This evaluation places Netgear among the leaders in the industry.

"We believe Gartner's evaluation represents our strong presence and robust growth in the storage market," said Drew Meyer, Netgear's director of Storage Product Marketing. "More importantly, we feel this report recognizes the strength and quality of the ReadyNAS line of storage appliances. Netgear is fully committed to delivering our SMB customers and channel partners the most advanced and reliable storage platforms in the industry."

In the report, Gartner compared NAS/unified storage solution vendors' end-of-year results from 2008 to those of 2007 and found that Netgear consistently ranked high. For vendors with solutions priced at less than $5,000, Gartner estimated that Netgear had taken 23 percent of the market share in terms of vendor revenue. Amongst vendors with solutions priced at less than $25,000, Netgear was ranked third in vendor revenue, delivering a revenue growth rate in excess of 127 percent. Gartner added that Netgear also outpaced traditionally strong storage competitors when comparing revenues across all major NAS vendors.

"It will surely give confidence to the customers and the channel partners to invest in Netgear storage products. Our focus is to serve the SMB market with solutions that is in and around the networking. Today, storage is an integrated part of the networks," says, Atul Jain, Country Manager, Netgear India and SAARC.

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