Is ready nas an economical storage solution

Hi anirudha , the answer heavily depends on the criteria you want to use to evaluate potential solutions.

However, I would just take a simple measure like "$ to pay per TiB" (or TB as you might prefer) to get a simplified answer.

The available capacity to store your data is varying with the RAID concept you will apply when setting up your nas.

To checkout what is possible see the NETGEAR RAID calculator here.

https://rdconfigurator.netgear.com/raid/index.html

There might be other criteria, which can not easily be measured in $ like:

Security (How easy might it be for somebody to steal your data?)

Availability level (How resilient your solution might be against inherent issues, eg hardware or software problems?)

Longevity (How long will firmware be upgraded or how compatible will the hardware be to accept changes in components to be added in the future?)

etc :-)

Kind regards