Non-Volatile Memory Express (NVMe) Market Study Report Based on Size, Shares
- elizabethsanchez28
- Aug 31, 2021
- 5 min read
The new report published by Emergen Research, titled “Global Non-Volatile Memory Express (NVMe) Market”, offers in-depth scrutiny of the Non-Volatile Memory Express (NVMe) market landscape and its growth prospects over the forecast years. The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Non-Volatile Memory Express (NVMe) market.
Increasing adoption of NVMe in Internet of Things (IoT), big data, blockchain, and Artificial Intelligence (AI) is opening up major growth opportunities for various players operating in the market. However, performance-related issues associated with storage software is a key factor restricting adoption, and in turn, expected to hamper market growth to a certain extent over the forecast period. Additionally, issues related to data protection and data integrity are other factors expected to hamper growth of the market going ahead.
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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.
Non-Volatile Memory Express (NVMe) Market Segmentation:
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)
o Solid-State Drives (SSDs)
o Adapters
o Servers
o All-Flash Arrays
o Adapters
o Others (I/O Accelerator Blocks, Switches, and Controllers)
· Communication Standard Outlook (Revenue, USD Billion; 2018–2028)
o Ethernet
o Infiniband
o Fiber Channel
· Deployment Location Outlook (Revenue, USD Billion; 2018–2028)
o On-Premises
o Remote
o Hybrid
· Vertical Outlook (Revenue, USD Billion; 2018–2028)
o BFSI
o IT & Telecommunication
o Government
o Healthcare
o Consumer Goods & Retail
o Media & Entertainment
o Education & Research
o Energy
o Manufacturing
o Business & Consulting
o Others
Regional Analysis:
The global Non-Volatile Memory Express (NVMe) market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the Non-Volatile Memory Express (NVMe) industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.
Major Geographies Encompassed in the Report:
· North America (U.S., Canada)
· Europe (U.K., Italy, Germany, France, Rest of EU)
· Asia Pacific (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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Objectives of the Global Non-Volatile Memory Express (NVMe) Market Study:
· An in-depth study of the evolving market sectors and the growth & penetration status of the global Non-Volatile Memory Express (NVMe) market
· COVID-19 Impact Analysis to highlight the major opportunities and challenges
· Strategic recommendations to help readers formulate lucrative business strategies
· Identification of the emerging players and their tactical approaches to expand market presence
· An extensive study of the product portfolios of the major market players and their regional presence
· A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures
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
Chapter 5. Non-Volatile Memory Express (NVMe) Market By Product Insights & Trends, Revenue (USD Billion) 5.1. Product Dynamics & Market Share, 2021 & 2028 5.1.1. Solid-State Drives (SSDS) 5.1.2. Adapters 5.1.3. Servers 5.1.4. All-Flash Arrays 5.1.5. Adapters 5.1.6. Others (I/O Accelerator Blocks, Switches, and Controllers)
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