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Non-Volatile Memory Express (NVMe) Market Overview Highlighting Major Drivers, Size, Share, and Demand Report 2021- 2028

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Non-Volatile Memory Express (NVMe) Market Overview Highlighting Major Drivers, Size, Share, and Demand Report 2021- 2028

August 12
23:16 2021
Non-Volatile Memory Express (NVMe) Market Overview Highlighting Major Drivers, Size, Share, and Demand Report 2021- 2028
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The global Non-Volatile Memory Express (NVMe) market size is expected to reach USD 353.78 Billion at a steady CAGR of 29.5% in 2028, according to latest analysis by Emergen Research.

The research report on the Global Non-Volatile Memory Express (NVMe) Market is formulated with insightful data that will help the established companies and new entrants to analyze the business trends and capitalize on investment strategies.The Non-Volatile Memory Express (NVMe) market is analyzed with an aim to provide assistance to the readers to gain maximum returns on the investment and to enable an informed decision-making process.The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic.The report considers COVID-19 as a key contributor to the dynamically altered market scenario.The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

Surge in digitalization and rising need to manage and store data efficiently are other factors supporting growth of the market. NVMe facilitates efficient and quick access to SSDs and has evolved as a preferred interface for storage amongst enterprises. Increase in volumes of data generated and need for more efficient storage systems is another factor driving growth of NVMe market. Increased adoption of NVMe in data centers is also fueling growth of the market.

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Some Key Highlights From the Report

  • BFSI segment accounted for largest revenue share in 2020 due to rising use of digital payments and online banking, which has created rising need for backup, data storage, and security for customer credentials. BFSI sector is adopting the technology owing to a surge in application of ML and AI in the industry, which generates large data volumes, which is then used for further analysis.
  • Asia Pacific market revenue is expected to register a rapid growth rate during the forecast period due to increase in number of Internet users in countries in the region. Surge in demand for connected devices such as tablets, smartphones, and laptops is expected to continue to propel growth of the market in the region. Increasing demand for data storage solutions across large as well as small & medium sized enterprises will continue to drive growth of the Asia Pacific NVMe market to a significant extent going ahead.
  • Key players in the market include Micron Technology, Samsung Electronics, Hewlett Packard Enterprise (HPE), Intel Corporation, Toshiba Corporation, Dell EMC, Microchip Technology, Cisco Systems, IBM Corporation, and Renesas Electronics.

Emergen Research has segmented the global Non-Volatile Memory Express (NVMe) market on the basis of product, communication standard, deployment location, vertical, and region:

  • Product Outlook (Revenue, USD Billion; 2018–2028)
    • Solid-State Drives (SSDs)
    • Adapters
    • Servers
    • All-Flash Arrays
    • Adapters
    • Others (I/O Accelerator Blocks, Switches, and Controllers)
  • Communication Standard Outlook (Revenue, USD Billion; 2018–2028)
    • Ethernet
    • Infiniband
    • Fiber Channel
  • Deployment Location Outlook (Revenue, USD Billion; 2018–2028)
    • On-Premises
    • Remote
    • Hybrid
  • Vertical Outlook (Revenue, USD Billion; 2018–2028)
    • BFSI
    • IT & Telecommunication
    • Government
    • Healthcare
    • Consumer Goods & Retail
    • Media & Entertainment
    • Education & Research
    • Energy
    • Manufacturing
    • Business & Consulting
    • Others

The market is spread across several key geographical regions, and the report covers the regional analysis as well as the production, consumption, revenue, and market share in those regions for the forecast period of 2021-2028. The regions include North America, Latin America, Europe, AsiaPacific, and Middle East and Africa.

Comprehensive Regional Analysis Covers the Following Regions:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Coverage of the Non-Volatile Memory Express (NVMe) Market:

  • Insightful information regarding the global Non-Volatile Memory Express (NVMe) market
  • Identification of growth in various segments and sub-segments of the Non-Volatile Memory Express (NVMe) market
  • Strategic recommendations for investment opportunities
  • The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
  • Emerging trends and current market segment analysis to help investors formulate new business strategies
  • Accelerates the decision-making process through the availability of the drivers and limitations

Table of Content

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Non-Volatile Memory Express (NVMe) Market Segmentation & Impact Analysis
    4.1. Non-Volatile Memory Express (NVMe) Market Material Segmentation Analysis
    4.2. Industrial Outlook 
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Increasing adoption of NVMe technologies in SSDS, servers, and storage appliances
                    4.2.2.2. Exponential rise in data generation and evolving demand for data storage and processing infrastructure
          4.2.3. Market restraints analysis 
                    4.2.3.1. Performance problems associated with storage software
    4.3. Technological Insights 
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

CONTINUED…!!

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Thank you for reading our report. To know more about the report, please connect with us, and our team will ensure the report is customized to meet your requirements.

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