Non-Volatile Memory Express (NVMe) Market

Global Non-Volatile Memory Express (NVMe) Market by Products (Solid-state Drives (SSDs), Adapters, All Flash Arrays, Servers, And Others), By Communication Standard (Ethernet, Fibre Channel, and InfiniBand), By Deployment Location (On Premise, Remote and Hybrid), By Verticals (BFSI, Consumer Goods & Retail, Telecommunications & ITeS, Healthcare, Energy, Government, Education & Research, Media & Entertainment, Manufacturing, And Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

  • Report ID: ICT-SE-3825
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 310
  • Format:
  • Pub. Date: 13-01-2022
  • Share:

Market Outlook:

The global Non-Volatile Memory Express (NVMe) Market was valued at USD 45,896.0 million in 2020 and is projected to reach USD 300,494.6 million by 2028, expanding at a CAGR of 27.5% during the forecast period. Non-volatile memory express (NVMe), also known as non-volatile memory host controller interface (NVMHCI), is a device interface specification that allows a solid-state drive (SSD) to effectively use a high-speed PCIe link in a computer. Intel Corporation, Dell Inc., SAMSUNG, and Seagate Technology LLC are some companies working on this communications interface/protocol. NVMe is a modern server storage I/O access technique and protocol that allows for quick access to NVM-based storage and memory. NVM Express (NVMe) is an optimized, high-performance scalable host controller interface designed to address the needs of Enterprise and Client systems that utilize PCI Express-based solid-state storage. Designed to move beyond the dark ages of hard disk drive technology.

At the Intel Developer Forum 2007, the initial details of a novel standard for accessing non-volatile memory were announced, with NVMHCI being presented as the host-side protocol of a proposed architectural design that included open NAND flash interface working group on the memory (flash) chips side. In the same year, an Intel-led NVMHCI working group was founded. The NVMHCI 1.0 standard was developed and published on Intel's website in April 2008.

Formerly, most SSDs interacted with the rest of a computer system through buses such as SATA, SAS, or fiber channel. SATA has become the most common means to connect SSDs in personal computers until they became widely accessible; however, SATA was built primarily for communicating with mechanical hard disc drives (HDDs), and has grown increasingly insufficient for SSDs. The adoption of NVMe interface is expected to rise as next-generation data-intensive applications utilize low-latency NVMe flash-based storage to meet growing customer demand.

Non-Volatile Memory Express (NVMe) Market Key Takeaways

Scope of the report:

The report on Non-Volatile Memory Express (NVMe) market includes an assessment of the market, size, share, trends, segments, and country markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Non-Volatile Memory Express (NVMe) Market

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Products (Solid-state Drives (SSDs), Adapters, All Flash Arrays, Servers, And Others), Communication Standard (Ethernet, Fibre Channel, and InfiniBand), Deployment Location (On Premise, Remote and Hybrid), Verticals (BFSI, Consumer Goods & Retail, Telecommunications & ITeS, Healthcare, Energy, Government, Education & Research, Media & Entertainment, Manufacturing, And Others)

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Samsung Electronics Co., Ltd., Western Digital Corporation, Intel Corporation, Dell Technologies Inc., Hewlett Packard Enterprise Broadcom Inc., Micron Technology, Inc., Cisco Systems, Inc., Toshiba Corporation, NetApp, Inc., International Business Machines Corporation, Microchip Technology Inc.

Market Dynamics

Rise in usage of NVMe technologies in SSDs, servers, and storage appliances

Demand for NVMe is increasing in SSDs servers and storage appliances, which is expected to drive the market during the forecast period. This communication interface and driver provide a command set and feature set for PCIe-based SSDs with the objective of efficient performance and interoperability across a broad variety of corporate and client systems. NVMe was developed with SSDs in consideration. It uses high-speed PCIe sockets for connect between the storage interface and the system CPU, irrespective of the storage form factor. NVMe is gradually becoming another industry standard for data centre servers and consumer devices such as laptops, desktop PCs, and next-generation gaming consoles due to its increased use in SSDs, servers, and storage appliances.

Growth in data generation and increase in demand for data storage and processing infrastructure

The confluence of Big Data and cloud technology is expected to drive current data-driven research and serve as the foundation for modern e-Science, which has benefitted from the wide availability of low-cost computing and storage resources available on demand. Modern e-Science infrastructures enable the targeting of previously intractable large-scale challenges. Relative value of a gigabyte for primary storage has greatly increased. Thus, rising data generation and demand for data storage and processing infrastructure is expected to drive the market during the forecast period

Restraints

Noncompliance of older systems with NVMe

A computer must be able to boot the operating system from an NVMe SSD to get the most out of it. This needs BIOS support. Most old standard BIOSes do not support booting from NVMe. Users are less likely to opt for a system that has NVMe for playing PC games or utilizing extremely CPU-intensive applications such as editing 2160p (4K)/4320p(8K) videos. Thus, non-compliance of old systems with NVMe is expected to hinder the market during the forecast period.

Regulations Restraining the capability of NVMe

A storage framework is necessary to speed up external sort, as the complete dataset needs to be loaded and cleared a couple of times throughout the sorting process. By connecting each thread with a different storage device, most current frameworks have attempted to simplify the storage access pattern. This prevents random and concurrent I/O requests. Such regulations restrain the potential of NVMe-based SSDs, which provide high throughput and ample parallelism.

Opportunity

Rise in digitalization in various enterprises

IT and digital transformation have caused significant changes in data storage, and growing expectations for NVMe technology. New performance requirements for storage media are being driven by next-generation applications that include Big Data analytics, cloud-based platforms, and mobile computing. Digitalization has led to data-driven workloads and ever-proliferating applications, which has exponentially increased the demand for accelerated data storage. Moreover, rise in digitalization in various enterprises is expected to create opportunities for non–volatile memory express market during the forecast period.

Segmental Outlook

The global Non-Volatile Memory Express (NVMe) market is segmented on the basis of products, communication standard, deployment location, verticals and regions.

By Products

Based on products, the global Non-Volatile Memory Express (NVMe) market is segmented into Solid-state Drives (SSDs), Adapters, All Flash Arrays, Servers, And Others. The solid-state drivers segment is expected to hold a significant share of the market and is anticipated to grow at a high pace in the coming years. Solid-state drives (SSDs) are gaining prevalence in laptops, desktop computers, and servers. Users are upgrading hard disc drives (HDDs) to SSDs to speed up their old desktop PCs or laptops, as the latter is faster and more reliable than HDDs. SSDs are an excellent choice for new PC builds, servers, and system builders and are expected to drive the market during the forecast period. The servers segment is estimated to grow at a rapid pace during the forecast period, due to highest storage throughput performance and application responsiveness. Factors such as optimization of servers for maximum capacity and highest throughput performance and storage enclosures available for easy capacity expansion are expected to drive the segment during the forecast period.

Non-Volatile Memory Express (NVMe) Market By Products

By Communication Standards

Based on Communication Standards, the global Non-Volatile Memory Express (NVMe) market is segmented into Ethernet, Fibre Channel, and InfiniBand. The Ethernet segment is expected to hold a significant market share and is anticipated to grow at a high pace in the coming years. NVMe over TCP (Transport Control Protocol) uses NVMe-oF and the TCP transport protocol to transfer data across Ethernet networks. NVMe transports TCP datagrams over Ethernet as the physical transport. These factors are expected to drive the market over the forecast period for the ethernet segment. The Fibre Channel segment is expected to register growth opportunities in the near future. FC-NVMe, NVMe over FC, or NVMe/FC are all terms used to describe the use of NVMe over Fibre Channel (FC). Fibre Channel extends into SANs and systems are purpose-built to handle demanding workloads including big data, analytics, deep learning, and AI. Thus, the fibre channel segment is expected to boost the market over the forecast period.

Non-Volatile Memory Express (NVMe) Market By Communication Standard

By Deployment Location

Based on Deployment Location, the global Non-Volatile Memory Express (NVMe) market is segmented into On Premise, Remote and Hybrid. The on–premise segment is expected to hold a significant market share and is anticipated to grow at a high pace in the coming years. The deployment of NVMe is beneficial, as it does not need any specific hardware. NVMe/TCP, like iSCSI, uses any Ethernet NICs and switches, making deployment and maintenance easy and less expensive. It is utilized on-premises or in the cloud, as it is installed on any TCP network.

Non-Volatile Memory Express (NVMe) Market By Deployment Location

By Verticals

Based on Verticals, the global Non-Volatile Memory Express (NVMe) market is segmented into BFSI, Consumer Goods & Retail, Telecommunications & ITeS, Healthcare, Energy, Government, Education & Research, Media & Entertainment, Manufacturing, And Others. The telecommunications & ITeS segment is expected to register growth opportunities in the near future. In comparison to SATA, which only has a single queue and a depth of 32 commands, NVMe has a queue depth of 64K commands with 64K independent queues. This advantage fueled enthusiasm for NVMe. IT managers acquainted with the technology are expecting it to replace traditional SAS- or SATA-connected flash storage, which is expected to drive the market over the forecast period. The BFSI sector is mainly focused on providing services to customers. The use of digital platforms in this industry is increasing, which is expected to result in massive volumes of digital data. In addition, this sector requires a high level of security and must conform to regulatory requirements. In this vertical, NVMe-based products including SSDs, storage arrays, compatible servers, and other storage solutions are gaining traction.

Non-Volatile Memory Express (NVMe) Market By Vertical

Regional Outlook

Based on regions, the global Non-Volatile Memory Express (NVMe) is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to grow at a rapid pace, owing to the rising data volume across several sectors and increasing adoption of advanced storage technologies. The market in Europe is expected to hold a considerable share of the global market during the forecast period, owing to growing popularity of cloud computing and Internet of Things in this region.

Non-Volatile Memory Express (NVMe) Market By Regions

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Non-Volatile Memory Express (NVMe) market
  • Historical, Current and Projected Market Size in terms of Value and Volume
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Non-Volatile Memory Express (NVMe) Market Performance

Segments

Key Segments Covered:
By Product
  • Solid-state Drives (SSDs)
  • Adapters
  • All Flash Arrays
  • Servers
  • Others
By Communication Standard
  • Ethernet
  • Fibre Channel
  • InfiniBand
By Deployment Location
  • On Premise
  • Remote
  • Hybrid
By Verticals
  • BFSI
  • Consumer Goods & Retail
  • Telecommunications & ITeS
  • Healthcare, Energy
  • Government
  • Education & Research
  • Media & Entertainment
  • Manufacturing
  • Others
By Regions
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Market Players Profiled in the Report
  • Samsung Electronics Co., Ltd.
  • Western Digital Corporation
  • Intel Corporation
  • Dell Technologies Inc.
  • Hewlett Packard Enterprise
  • Broadcom Inc.
  • Micron Technology, Inc.
  • Cisco Systems, Inc.
  • Toshiba Corporation
  • NetApp, Inc.
  • International Business Machines Corporation
  • Microchip Technology Inc.

Competitive Landscape

  • Top players in the market Samsung Electronics Co., Ltd., Western Digital Corporation, Intel Corporation, Dell Technologies Inc., Hewlett Packard Enterprise, Broadcom Inc., Micron Technology, Inc., Cisco Systems, Inc., Toshiba Corporation, NetApp, Inc., International Business Machines Corporation and Microchip Technology Inc. These companies are considered as key manufacturers of Non-volatile Memory Express (NVMe) based on their revenue, product offerings, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the Non-Volatile Memory Express (NVMe) market.

 

 
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Non-Volatile Memory Express (NVMe) Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Non-Volatile Memory Express (NVMe) Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Non-Volatile Memory Express (NVMe) Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Non-Volatile Memory Express (NVMe) Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Non-Volatile Memory Express (NVMe) Market Size & Forecast, 2018-2028
      4.5.1 Non-Volatile Memory Express (NVMe) Market Size and Y-o-Y Growth
      4.5.2 Non-Volatile Memory Express (NVMe) Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, By Product, 2018-2028
   4.7 Global Non-Volatile Memory Express (NVMe) Market: Impact Of Key Regulations
Chapter 5 Global Non-Volatile Memory Express (NVMe) Market Analysis and Forecast By Product
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Product
      5.1.2 Basis Point Share (BPS) Analysis By Product
      5.1.3 Absolute $ Opportunity Assessment By Product
   5.2 Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Product
      5.2.1 Solid-state Drives (SSDs)
      5.2.2 Adapters
      5.2.3 All Flash Arrays
      5.2.4 Servers
      5.2.5 Others.
   5.3 Market Attractiveness Analysis By Product
Chapter 6 Global Non-Volatile Memory Express (NVMe) Market Analysis and Forecast By Communication Standard
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Communication Standard
      6.1.2 Basis Point Share (BPS) Analysis By Communication Standard
      6.1.3 Absolute $ Opportunity Assessment By Communication Standard
   6.2 Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Communication Standard
      6.2.1 Ethernet
      6.2.2 Fibre Channel
      6.2.3 InfiniBand
   6.3 Market Attractiveness Analysis By Communication Standard
Chapter 7 Global Non-Volatile Memory Express (NVMe) Market Analysis and Forecast By Deployment Location
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Deployment Location
      7.1.2 Basis Point Share (BPS) Analysis By Deployment Location
      7.1.3 Absolute $ Opportunity Assessment By Deployment Location
   7.2 Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Deployment Location
      7.2.1 On Premise
      7.2.2 Remote
   7.3 Market Attractiveness Analysis By Deployment Location
Chapter 8 Global Non-Volatile Memory Express (NVMe) Market Analysis and Forecast By Verticals
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Verticals
      8.1.2 Basis Point Share (BPS) Analysis By Verticals
      8.1.3 Absolute $ Opportunity Assessment By Verticals
   8.2 Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Verticals
      8.2.1 BFSI
      8.2.2 Consumer Goods & Retail
      8.2.3 Telecommunications & ITES
      8.2.4 Healthcare
      8.2.5 Energy
      8.2.6 Government
      8.2.7 Education & Research
      8.2.8 Media & Entertainment
      8.2.9 Manufacturing
      8.2.10 Others
   8.3 Market Attractiveness Analysis By Verticals
Chapter 9 Global Non-Volatile Memory Express (NVMe) Market Analysis and Forecast by Region
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities by Region
      9.1.2 Basis Point Share (BPS) Analysis by Region
      9.1.3 Absolute $ Opportunity Assessment by Region
   9.2 Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast by Region
      9.2.1 North America
      9.2.2 Europe
      9.2.3 Asia Pacific
      9.2.4 Latin America
      9.2.5 Middle East & Africa (MEA)
   9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
   10.1 Introduction
   10.2 Current & Future Impact Analysis
   10.3 Economic Impact Analysis
   10.4 Government Policies
   10.5 Investment Scenario
Chapter 11 North America Non-Volatile Memory Express (NVMe) Analysis and Forecast
   11.1 Introduction
   11.2 North America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast by Country
      11.2.1 U.S.
      11.2.2 Canada
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 North America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Product
      11.6.1 Solid-state Drives (SSDs)
      11.6.2 Adapters
      11.6.3 All Flash Arrays
      11.6.4 Servers
      11.6.5 Others.
   11.7 Basis Point Share (BPS) Analysis By Product
   11.8 Absolute $ Opportunity Assessment By Product
   11.9 Market Attractiveness Analysis By Product
   11.10 North America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Communication Standard
      11.10.1 Ethernet
      11.10.2 Fibre Channel
      11.10.3 InfiniBand
   11.11 Basis Point Share (BPS) Analysis By Communication Standard
   11.12 Absolute $ Opportunity Assessment By Communication Standard
   11.13 Market Attractiveness Analysis By Communication Standard
   11.14 North America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Deployment Location
      11.14.1 On Premise
      11.14.2 Remote
   11.15 Basis Point Share (BPS) Analysis By Deployment Location
   11.16 Absolute $ Opportunity Assessment By Deployment Location
   11.17 Market Attractiveness Analysis By Deployment Location
   11.18 North America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Verticals
      11.18.1 BFSI
      11.18.2 Consumer Goods & Retail
      11.18.3 Telecommunications & ITES
      11.18.4 Healthcare
      11.18.5 Energy
      11.18.6 Government
      11.18.7 Education & Research
      11.18.8 Media & Entertainment
      11.18.9 Manufacturing
      11.18.10 Others
   11.19 Basis Point Share (BPS) Analysis By Verticals
   11.20 Absolute $ Opportunity Assessment By Verticals
   11.21 Market Attractiveness Analysis By Verticals

Chapter 12 Europe Non-Volatile Memory Express (NVMe) Analysis and Forecast
   12.1 Introduction
   12.2 Europe Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast by Country
      12.2.1 Germany
      12.2.2 France
      12.2.3 Italy
      12.2.4 U.K.
      12.2.5 Spain
      12.2.6 Russia
      12.2.7 Rest of Europe
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Europe Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Product
      12.6.1 Solid-state Drives (SSDs)
      12.6.2 Adapters
      12.6.3 All Flash Arrays
      12.6.4 Servers
      12.6.5 Others.
   12.7 Basis Point Share (BPS) Analysis By Product
   12.8 Absolute $ Opportunity Assessment By Product
   12.9 Market Attractiveness Analysis By Product
   12.10 Europe Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Communication Standard
      12.10.1 Ethernet
      12.10.2 Fibre Channel
      12.10.3 InfiniBand
   12.11 Basis Point Share (BPS) Analysis By Communication Standard
   12.12 Absolute $ Opportunity Assessment By Communication Standard
   12.13 Market Attractiveness Analysis By Communication Standard
   12.14 Europe Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Deployment Location
      12.14.1 On Premise
      12.14.2 Remote
   12.15 Basis Point Share (BPS) Analysis By Deployment Location
   12.16 Absolute $ Opportunity Assessment By Deployment Location
   12.17 Market Attractiveness Analysis By Deployment Location
   12.18 Europe Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Verticals
      12.18.1 BFSI
      12.18.2 Consumer Goods & Retail
      12.18.3 Telecommunications & ITES
      12.18.4 Healthcare
      12.18.5 Energy
      12.18.6 Government
      12.18.7 Education & Research
      12.18.8 Media & Entertainment
      12.18.9 Manufacturing
      12.18.10 Others
   12.19 Basis Point Share (BPS) Analysis By Verticals
   12.20 Absolute $ Opportunity Assessment By Verticals
   12.21 Market Attractiveness Analysis By Verticals
Chapter 13 Asia Pacific Non-Volatile Memory Express (NVMe) Analysis and Forecast
   13.1 Introduction
   13.2 Asia Pacific Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast by Country
      13.2.1 China
      13.2.2 Japan
      13.2.3 South Korea
      13.2.4 India
      13.2.5 Australia
      13.2.6 South East Asia (SEA)
      13.2.7 Rest of Asia Pacific (APAC)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Asia Pacific Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Product
      13.6.1 Solid-state Drives (SSDs)
      13.6.2 Adapters
      13.6.3 All Flash Arrays
      13.6.4 Servers
      13.6.5 Others.
   13.7 Basis Point Share (BPS) Analysis By Product
   13.8 Absolute $ Opportunity Assessment By Product
   13.9 Market Attractiveness Analysis By Product
   13.10 Asia Pacific Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Communication Standard
      13.10.1 Ethernet
      13.10.2 Fibre Channel
      13.10.3 InfiniBand
   13.11 Basis Point Share (BPS) Analysis By Communication Standard
   13.12 Absolute $ Opportunity Assessment By Communication Standard
   13.13 Market Attractiveness Analysis By Communication Standard
   13.14 Asia Pacific Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Deployment Location
      13.14.1 On Premise
      13.14.2 Remote
   13.15 Basis Point Share (BPS) Analysis By Deployment Location
   13.16 Absolute $ Opportunity Assessment By Deployment Location
   13.17 Market Attractiveness Analysis By Deployment Location
   13.18 Asia Pacific Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Verticals
      13.18.1 BFSI
      13.18.2 Consumer Goods & Retail
      13.18.3 Telecommunications & ITES
      13.18.4 Healthcare
      13.18.5 Energy
      13.18.6 Government
      13.18.7 Education & Research
      13.18.8 Media & Entertainment
      13.18.9 Manufacturing
      13.18.10 Others
   13.19 Basis Point Share (BPS) Analysis By Verticals
   13.20 Absolute $ Opportunity Assessment By Verticals
   13.21 Market Attractiveness Analysis By Verticals
Chapter 14 Latin America Non-Volatile Memory Express (NVMe) Analysis and Forecast
   14.1 Introduction
   14.2 Latin America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast by Country
      14.2.1 Brazil
      14.2.2 Mexico
      14.2.3 Rest of Latin America (LATAM)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Latin America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Product
      14.6.1 Solid-state Drives (SSDs)
      14.6.2 Adapters
      14.6.3 All Flash Arrays
      14.6.4 Servers
      14.6.5 Others.
   14.7 Basis Point Share (BPS) Analysis By Product
   14.8 Absolute $ Opportunity Assessment By Product
   14.9 Market Attractiveness Analysis By Product
   14.10 Latin America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Communication Standard
      14.10.1 Ethernet
      14.10.2 Fibre Channel
      14.10.3 InfiniBand
   14.11 Basis Point Share (BPS) Analysis By Communication Standard
   14.12 Absolute $ Opportunity Assessment By Communication Standard
   14.13 Market Attractiveness Analysis By Communication Standard
   14.14 Latin America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Deployment Location
      14.14.1 On Premise
      14.14.2 Remote
   14.15 Basis Point Share (BPS) Analysis By Deployment Location
   14.16 Absolute $ Opportunity Assessment By Deployment Location
   14.17 Market Attractiveness Analysis By Deployment Location
   14.18 Latin America Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Verticals
      14.18.1 BFSI
      14.18.2 Consumer Goods & Retail
      14.18.3 Telecommunications & ITES
      14.18.4 Healthcare
      14.18.5 Energy
      14.18.6 Government
      14.18.7 Education & Research
      14.18.8 Media & Entertainment
      14.18.9 Manufacturing
      14.18.10 Others
   14.19 Basis Point Share (BPS) Analysis By Verticals
   14.20 Absolute $ Opportunity Assessment By Verticals
   14.21 Market Attractiveness Analysis By Verticals
Chapter 15 Middle East & Africa (MEA) Non-Volatile Memory Express (NVMe) Analysis and Forecast
   15.1 Introduction
   15.2 Middle East & Africa (MEA) Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast by Country
      15.2.1 Saudi Arabia
      15.2.2 South Africa
      15.2.3 UAE
      15.2.4 Rest of Middle East & Africa (MEA)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Middle East & Africa (MEA) Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Product
      15.6.1 Solid-state Drives (SSDs)
      15.6.2 Adapters
      15.6.3 All Flash Arrays
      15.6.4 Servers
      15.6.5 Others.
   15.7 Basis Point Share (BPS) Analysis By Product
   15.8 Absolute $ Opportunity Assessment By Product
   15.9 Market Attractiveness Analysis By Product
   15.10 Middle East & Africa (MEA) Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Communication Standard
      15.10.1 Ethernet
      15.10.2 Fibre Channel
      15.10.3 InfiniBand
   15.11 Basis Point Share (BPS) Analysis By Communication Standard
   15.12 Absolute $ Opportunity Assessment By Communication Standard
   15.13 Market Attractiveness Analysis By Communication Standard
   15.14 Middle East & Africa (MEA) Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Deployment Location
      15.14.1 On Premise
      15.14.2 Remote
   15.15 Basis Point Share (BPS) Analysis By Deployment Location
   15.16 Absolute $ Opportunity Assessment By Deployment Location
   15.17 Market Attractiveness Analysis By Deployment Location
   15.18 Middle East & Africa (MEA) Non-Volatile Memory Express (NVMe) Market Size & Volume Forecast By Verticals
      15.18.1 BFSI
      15.18.2 Consumer Goods & Retail
      15.18.3 Telecommunications & ITES
      15.18.4 Healthcare
      15.18.5 Energy
      15.18.6 Government
      15.18.7 Education & Research
      15.18.8 Media & Entertainment
      15.18.9 Manufacturing
      15.18.10 Others
   15.19 Basis Point Share (BPS) Analysis By Verticals
   15.20 Absolute $ Opportunity Assessment By Verticals
   15.21 Market Attractiveness Analysis By Verticals
Chapter 16 Competition Landscape
   16.1 Non-Volatile Memory Express (NVMe) Market: Competitive Dashboard
   16.2 Global Non-Volatile Memory Express (NVMe) Market: Market Share Analysis, 2020
   16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      16.3.1 Samsung Electronics Co., Ltd.
      16.3.2 Western Digital Corporation
      16.3.3 Intel Corporation
      16.3.4 Dell Technologies Inc.
      16.3.5 Hewlett Packard Enterprise
      16.3.6 Broadcom Inc.
      16.3.7 Micron Technology, Inc.
      16.3.8 Cisco Systems, Inc.
      16.3.9 Toshiba Corporation
      16.3.10 NetApp, Inc.
      16.3.11 International Business Machines Corporation
      16.3.12 Microchip Technology Inc.
Key Segments Covered:
By Product
  • Solid-state Drives (SSDs)
  • Adapters
  • All Flash Arrays
  • Servers
  • Others
By Communication Standard
  • Ethernet
  • Fibre Channel
  • InfiniBand
By Deployment Location
  • On Premise
  • Remote
  • Hybrid
By Verticals
  • BFSI
  • Consumer Goods & Retail
  • Telecommunications & ITeS
  • Healthcare, Energy
  • Government
  • Education & Research
  • Media & Entertainment
  • Manufacturing
  • Others
By Regions
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Market Players Profiled in the Report
  • Samsung Electronics Co., Ltd.
  • Western Digital Corporation
  • Intel Corporation
  • Dell Technologies Inc.
  • Hewlett Packard Enterprise
  • Broadcom Inc.
  • Micron Technology, Inc.
  • Cisco Systems, Inc.
  • Toshiba Corporation
  • NetApp, Inc.
  • International Business Machines Corporation
  • Microchip Technology Inc.
  • Top players in the market Samsung Electronics Co., Ltd., Western Digital Corporation, Intel Corporation, Dell Technologies Inc., Hewlett Packard Enterprise, Broadcom Inc., Micron Technology, Inc., Cisco Systems, Inc., Toshiba Corporation, NetApp, Inc., International Business Machines Corporation and Microchip Technology Inc. These companies are considered as key manufacturers of Non-volatile Memory Express (NVMe) based on their revenue, product offerings, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the Non-Volatile Memory Express (NVMe) market.

 

 

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request For a discussion related to above findings, click Speak to Analyst

According to this Growth Market Reports report, the Non-Volatile Memory Express (NVMe) market is likely to register a CAGR of 27.5% during forecast period 2020-2027, with an anticipated valuation of USD 300,494.6 million Mn by the end of the 2028.

In addition to market size (in US$ Million), Company Market Share (in % for base year 2019), and quality parameter overview is provided.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

Rise in usage of NVMe technologies in SSDs, servers, and storage appliances and growth in data generation and increase in demand for data storage and processing infrastructure expected to act as a driving force for the market during forecast period.

The major applications of Non-Volatile Memory Express (NVMe) are BFSI, Consumer Goods & Retail, Telecommunications & ITeS, Healthcare, Energy, Government, Education & Research, Media & Entertainment, Manufacturing and Others.

The market is expected to witness a significant decrease in growth between 2019 and 2020 owing to the COVID 19 pandemic on the Non-Volatile Memory Express (NVMe) market.

The base year considered for the global Non-Volatile Memory Express (NVMe) market report is 2020. The complete analysis period is 2018 to 2028, wherein, 2018, and 2019 are the historic years, and the forecast is provided from 2021 to 2028.

Factors such as growth of government initiatives & regulations, telecom industry, GDP, and economic impact expected to act as a driving force for the market.

Major Manufacturers are Samsung Electronics Co., Ltd., Western Digital Corporation, Intel Corporation, Dell Technologies Inc.