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Non-volatile Memory Express (NVMe) Market worth $163.5 billion by 2025

The global non-volatile memory express (NVMe) market size is projected to grow from USD 44.6 billion in 2020 to USD 163.5 billion by 2025; it is projected to grow at a CAGR of 29.7% from 2020 to 2025. The major factors driving the growth of the market include the increasing adoption of NVMe technologies in SSDs, servers, and storage appliances; exponential rise in data generation and evolving demand for data storage and processing infrastructure and significant performance advancements offered by NVMe.

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Non-volatile Memory Express (NVMe) Market worth $163.5 billion by 2025

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  1. Non-volatile Memory Express (NVMe) Market worth $163.5 billion by 2025

  2. Overview • The report "Non-volatile Memory Express (NVMe) Market by Product (SSDs, Servers, All-flash Arrays, Adapters), Deployment Location (On-premise, Remote, Hybrid), Communication Standard (Ethernet, Fibre Channel, InfiniBand), Vertical, and Region - Global Forecast to 2025", is projected to grow from USD 44.6 billion in 2020 to USD 163.5 billion by 2025; it is expected to grow at a CAGR of 29.7% from 2020 to 2025. The major factors driving the growth of the market include the increasing adoption of NVMe technologies in SSDs, servers, and storage appliances; exponential rise in data generation and evolving demand for data storage and processing infrastructure; and significant performance advancements offered by NVMe. 

  3. Hybrid deployments expected to grow at highest CAGR during forecast period • A hybrid system is a combination of both on-premise and remote deployments, where active data are stored in the on-premise system, and inactive data are shifted to remote location-based systems. This is also known as disaster recovery management. The adoption of hybrid deployment model is increasing as companies need to keep a backup of the crucial data in case any mishap happens on the premise. This type of deployment comprises the advantages and disadvantages of both on-premise and remote deployments. Hybrid NVMe servers and storage solutions are opted by enterprises that want to leverage the benefits provided by other deployment types while keeping the capital expenditure lesser than on-premise deployment.

  4. Key Market Players • Key players in the NVMe market include Samsung Electronics Co., Ltd. (Samsung) (South Korea), Western Digital Corporation (Western Digital) (US), Intel Corporation (Intel) (US), Dell EMC (US), and Hewlett Packard Enterprise (HPE) (US).

  5. summary • The global non-volatile memory express (NVMe) market size is projected to grow from USD 44.6 billion in 2020 to USD 163.5 billion by 2025; it is projected to grow at a CAGR of 29.7% from 2020 to 2025. The major factors driving the growth of the market include the increasing adoption of NVMe technologies in SSDs, servers, and storage appliances; exponential rise in data generation and evolving demand for data storage and processing infrastructure and significant performance advancements offered by NVMe.

  6. Table of Content • 1 Introduction (Page No. - 20)    1.1 Study Objectives    1.2 Market Definition and Scope           1.2.1 Inclusions and Exclusions    1.3 Study Scope           1.3.1 Markets Covered           1.3.2 Geographic Scope           1.3.3 Years Considered    1.4 Currency    1.5 Limitations    1.6 Stakeholders. • . • . • 13 Appendix (Page No. - 180)     13.1 Insights From Industry Experts     13.2 Discussion Guide

  7. Thank You

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