Non-Volatile Memory Express Market

Non-Volatile Memory Express Market To Be Driven By Applications In Data Centres

The new report by Expert Market Research titled, ‘Global Non-Volatile Memory Express Market Report and Forecast 2022-2027’, provides a comprehensive analysis of the global non-volatile memory express market. It assesses the market based on its segments like components, communication standards, OS, applications, and major regions.

The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 26%

Report Attribute Details
Historical Period 2017-2021
Forecast Period 2022-2027
Base Year 2020
Growth Rate CAGR  26%
Major Players Samsung Electronics Co., Ltd., Western Digital Corporation, Intel Corporation, and Broadcom Inc., among others.

The increasing application of non-volatile memory express in data centres to enhance the input-output operations per second (IOPS) and reduce latency is driving the market growth. Over the forecast period, the robust development of data centres is anticipated to propel the demand for the global non-volatile memory express market.

Moreover, the market is likely to be positively influenced by the rapid digitalisation in various industries, emerging uses of the Internet of things (IoT), and the increasing penetration of artificial intelligence (AI).

At a regional level, North America occupies a significant share of the overall market, as a result of the increasing investments in advanced data storage technologies by enterprises in the United States. Moreover, the technologically advanced data infrastructure in the region is further boosting the market growth.

Non-Volatile Memory Express Industry Definition and Major Segments

Non-volatile memory express (NVMe) is defined as a host controller interface that bolsters the data transfer process between an enterprise and client system. NVMe is widely used for solid-stage storage, main memory, cache memory, or back-up memory. Moreover, NVMe makes use of parallelism levels and is totally utilised by the host application and hardware.

Get a Free Sample Report with Table of Contents –

On the basis of component, the global non-volatile memory express market can be segmented into:

  •  Hardware
  • SSD
  • NVMeoF Cards
  • AIC
  • PCIe Connections
  • QAT
  • Storage Server
  • Others

• Software

The market can be broadly categorised based on its communication standard into:

• Ethernet
• Fibre Channel
• InfiniBand Network

Based on OS, the market can be categorised into:

• Chrome OS
• Illumos
• DragonFly BSD
• Free BSD
• Haiku
• Linux
• iOS
• Windows
• Open BSD
• Others

The significant applications of non-volatile memory express in the market:

• Primary Storage
• Cloud Services
• Caching
• Data Virtualisation
• Others

The regional markets for non-volatile memory express include:

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East and Africa

Non-Volatile Memory Express Market Trends

The key trends in the global non-volatile memory express market include the increasing adoption of modern and high-tech devices such as smartphones, laptops, and computers, which is propelling the demand for non-volatile memory express systems.

There are surging investments in various industries such as BFSI and aerospace and defence, among others, to expand the storage efficiency, bolster the management, and facilitate better access to data. These investments are anticipated to be crucial trends accelerating the market growth. Moreover, the changing preference of data centres from SATA and SAS to NVMe, owing to its higher bandwidth, is likely to spearhead the market growth in the forecast period.

Key Market Players

The major players in the global non-volatile memory express market are:

  • Samsung Electronics Co., Ltd
  • Western Digital Corporation
  • Intel Corporation
  • Broadcom Inc
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Leave a Reply

Your email address will not be published. Required fields are marked *