Synology Records 100% Growth in India YoY since 2019, and aims for 300% growth in 2023

Synology, a pioneer and one of the world leaders in data storage and management, today unveiled its game plan for achieving 300% growth in 2023, riding on its track record of 100% growth YoY in India since 2019 and the strength of its new range of data storage and backup, file collaboration, video surveillance, and network infrastructure solutions.

Synology has been growing exponentially YoY in revenue, units shipped, installed base, customers, and active partner accounts since 2019. Synology server deployments in India have doubled YoY, especially among Small and Midsize Businesses (SMBs), emerging as key growth drivers for the company. The manufacturing sector, seeking multi-site solutions to share and sync mission-critical data, accounts for more than 30% of Synology revenues in India. Professional services (ex. hospitals) seeking on-demand data protection, security and backup solutions, and the entertainment industry seeking PETA volume data storage and high I/O data management solutions follow with a 15% share each.

Events since 2019 have changed the way businesses and their employees manage and share data, testing organization-wide IT resilience. During the pandemic, Synology NAS used for file collaboration and remote access fulfilled a critical need for SMBs and enterprises to have an integrated infrastructure providing networking, collaboration, security, and file storage solutions, to minimize IT efforts and enable them to focus on running their business in a challenging environment. Designed to simplify and empower users, regardless of skill level, to tackle common IT issues, Synology NAS servers enhanced the business resilience of SMBs.

“The Indian economy is poised for exponential growth in 2023 and beyond. Our new line of data management solutions enables us to address unmet market demands and drive digital transformation for customers in India, ” said Michael Chang, Regional Sales Head, Asia Pacific, Synology.

Staying at the forefront of data management, Synology is bringing new possibilities to the table, including solutions for data storage and backup, file collaboration, video surveillance, and network infrastructure – all designed with one goal in mind – presenting a centralized platform to simplify IT administration while driving digital transformation for enterprises, SMBs and SOHO users in India. Encompassing all products and spanning data management, data protection, and IT infrastructure security, the newly launched Synology solutions will transform the way data is stored and managed setting the bar even higher for reliability, security, and scalability.