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Non-volatile Memory Express Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

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2023³â ½ÃÀå °¡Ä¡ 541¾ï ´Þ·¯
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CAGR25.8%

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KSA 23.10.10

Non-volatile Memory Express (NVMe) Market - Scope of Report

TMR's report on the global non-volatile memory express (NVMe) market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global non-volatile memory express (NVMe) market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global non-volatile memory express (NVMe) market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the non-volatile memory express (NVMe) market.

Market Snapshot
Market Value in 2023US$ 54.1 Bn
Market Value in 2031US$ 412.1 Bn
CAGR25.8%

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global non-volatile memory express (NVMe) market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global non-volatile memory express (NVMe) market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global non-volatile memory express (NVMe) market.

The report delves into the competitive landscape of the global non-volatile memory express (NVMe) market. Key players operating in the global non-volatile memory express (NVMe) market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global non-volatile memory express (NVMe) market profiled in this report.

Key Questions Answered in Global Non-volatile Memory Express (NVMe) Market Report:

  • What is the sales/revenue generated by non-volatile memory express (NVMe) across all regions during the forecast period?
  • What are the opportunities in the global non-volatile memory express (NVMe) market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Non-volatile Memory Express (NVMe) Market - Research Objectives and Research Approach

The comprehensive report on the global non-volatile memory express (NVMe) market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global non-volatile memory express (NVMe) market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global non-volatile memory express (NVMe) market.

Table of Contents

1. Preface

  • 1.1. Market and Segments Definition
  • 1.2. Market Taxonomy
  • 1.3. Research Methodology
  • 1.4. Assumption and Acronyms

2. Executive Summary

  • 2.1. Global Non-volatile Memory Express (NVMe) Market Overview
  • 2.2. Regional Outline
  • 2.3. Industry Outline
  • 2.4. Market Dynamics Snapshot
  • 2.5. Competition Blueprint

3. Market Dynamics

  • 3.1. Macro-economic Factors
  • 3.2. Drivers
  • 3.3. Restraints
  • 3.4. Opportunities
  • 3.5. Key Trends
  • 3.6. Regulatory Framework

4. Associated Industry and Key Indicator Assessment

  • 4.1. Parent Industry Overview - Global Memory and Storage Devices Industry Overview
  • 4.2. Supply Chain Analysis
  • 4.3. Pricing Analysis
  • 4.4. Technology Roadmap
  • 4.5. Industry SWOT Analysis
  • 4.6. Porter's Five Forces Analysis

5. Global Non-volatile Memory Express (NVMe) Market Analysis, By Product

  • 5.1. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product, 2017-2031
    • 5.1.1. Solid-state Drive (SSD)
    • 5.1.2. Storage Server
    • 5.1.3. All-flash Array
    • 5.1.4. Others (Adapter, Controller, etc.)
  • 5.2. Market Attractiveness Analysis, By Product

6. Global Non-volatile Memory Express (NVMe) Market Analysis, By Communication Standard

  • 6.1. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Communication Standard, 2017-2031
    • 6.1.1. Ethernet
    • 6.1.2. Fiber Channel
    • 6.1.3. InfiniBand Network
  • 6.2. Market Attractiveness Analysis, By Communication Standard

7. Global Non-volatile Memory Express (NVMe) Market Analysis, By Deployment

  • 7.1. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Deployment, 2017-2031
    • 7.1.1. On-premise
    • 7.1.2. Cloud
    • 7.1.3. Hybrid
  • 7.2. Market Attractiveness Analysis, By Deployment

8. Global Non-volatile Memory Express (NVMe) Market Analysis, By Application

  • 8.1. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
    • 8.1.1. Data Centers
    • 8.1.2. Enterprises
    • 8.1.3. Client Systems
    • 8.1.4. Industrial Systems
    • 8.1.5. Computing Devices
  • 8.2. Market Attractiveness Analysis, By Application

9. Global Non-volatile Memory Express (NVMe) Market Analysis, By Industry Vertical

  • 9.1. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Industry Vertical, 2017-2031
    • 9.1.1. Banking, Financial Services, and Insurance (BFSI)
    • 9.1.2. IT and Telecommunication
    • 9.1.3. Media and Entertainment
    • 9.1.4. Consumer Electronics
    • 9.1.5. Manufacturing
    • 9.1.6. Others (Research and Academia, Healthcare, etc.)
  • 9.2. Market Attractiveness Analysis, By Industry Vertical

10. Global Non-volatile Memory Express (NVMe) Market Analysis and Forecast, By Region

  • 10.1. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Region, 2017-2031
    • 10.1.1. North America
    • 10.1.2. Europe
    • 10.1.3. Asia Pacific
    • 10.1.4. Middle East & Africa
    • 10.1.5. South America
  • 10.2. Market Attractiveness Analysis, By Region

11. North America Non-volatile Memory Express (NVMe) Market Analysis and Forecast

  • 11.1. Market Snapshot
  • 11.2. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product, 2017-2031
    • 11.2.1. Solid-state Drive (SSD)
    • 11.2.2. Storage Server
    • 11.2.3. All-flash Array
    • 11.2.4. Others (Adapter, Controller, etc.)
  • 11.3. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Communication Standard, 2017-2031
    • 11.3.1. Ethernet
    • 11.3.2. Fiber Channel
    • 11.3.3. InfiniBand Network
  • 11.4. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Deployment, 2017-2031
    • 11.4.1. On-premise
    • 11.4.2. Cloud
    • 11.4.3. Hybrid
  • 11.5. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
    • 11.5.1. Data Centers
    • 11.5.2. Enterprises
    • 11.5.3. Client Systems
    • 11.5.4. Industrial Systems
    • 11.5.5. Computing Devices
  • 11.6. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Industry Vertical, 2017-2031
    • 11.6.1. Banking, Financial Services, and Insurance (BFSI)
    • 11.6.2. IT and Telecommunication
    • 11.6.3. Media and Entertainment
    • 11.6.4. Consumer Electronics
    • 11.6.5. Manufacturing
    • 11.6.6. Others (Research and Academia, Healthcare, etc.)
  • 11.7. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 11.7.1. U.S.
    • 11.7.2. Canada
    • 11.7.3. Rest of North America
  • 11.8. Market Attractiveness Analysis
    • 11.8.1. By Product
    • 11.8.2. By Communication Standard
    • 11.8.3. By Deployment
    • 11.8.4. By Application
    • 11.8.5. By Industry Vertical
    • 11.8.6. By Country/Sub-region

12. Europe Non-volatile Memory Express (NVMe) Market Analysis and Forecast

  • 12.1. Market Snapshot
  • 12.2. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product, 2017-2031
    • 12.2.1. Solid-state Drive (SSD)
    • 12.2.2. Storage Server
    • 12.2.3. All-flash Array
    • 12.2.4. Others (Adapter, Controller, etc.)
  • 12.3. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Communication Standard, 2017-2031
    • 12.3.1. Ethernet
    • 12.3.2. Fiber Channel
    • 12.3.3. InfiniBand Network
  • 12.4. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Deployment, 2017-2031
    • 12.4.1. On-premise
    • 12.4.2. Cloud
    • 12.4.3. Hybrid
  • 12.5. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
    • 12.5.1. Data Centers
    • 12.5.2. Enterprises
    • 12.5.3. Client Systems
    • 12.5.4. Industrial Systems
    • 12.5.5. Computing Devices
  • 12.6. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Industry Vertical, 2017-2031
    • 12.6.1. Banking, Financial Services, and Insurance (BFSI)
    • 12.6.2. IT and Telecommunication
    • 12.6.3. Media and Entertainment
    • 12.6.4. Consumer Electronics
    • 12.6.5. Manufacturing
    • 12.6.6. Others (Research and Academia, Healthcare, etc.)
  • 12.7. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 12.7.1. U.K.
    • 12.7.2. Germany
    • 12.7.3. France
    • 12.7.4. Rest of Europe
  • 12.8. Market Attractiveness Analysis
    • 12.8.1. By Product
    • 12.8.2. By Communication Standard
    • 12.8.3. By Deployment
    • 12.8.4. By Application
    • 12.8.5. By Industry Vertical
    • 12.8.6. By Country/Sub-region

13. Asia Pacific Non-volatile Memory Express (NVMe) Market Analysis and Forecast

  • 13.1. Market Snapshot
  • 13.2. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product, 2017-2031
    • 13.2.1. Solid-state Drive (SSD)
    • 13.2.2. Storage Server
    • 13.2.3. All-flash Array
    • 13.2.4. Others (Adapter, Controller, etc.)
  • 13.3. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Communication Standard, 2017-2031
    • 13.3.1. Ethernet
    • 13.3.2. Fiber Channel
    • 13.3.3. InfiniBand Network
  • 13.4. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Deployment, 2017-2031
    • 13.4.1. On-premise
    • 13.4.2. Cloud
    • 13.4.3. Hybrid
  • 13.5. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
    • 13.5.1. Data Centers
    • 13.5.2. Enterprises
    • 13.5.3. Client Systems
    • 13.5.4. Industrial Systems
    • 13.5.5. Computing Devices
  • 13.6. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Industry Vertical, 2017-2031
    • 13.6.1. Banking, financial Services, and Insurance (BFSI)
    • 13.6.2. IT and Telecommunication
    • 13.6.3. Media and Entertainment
    • 13.6.4. Consumer Electronics
    • 13.6.5. Manufacturing
    • 13.6.6. Others (Research and Academia, Healthcare, etc.)
  • 13.7. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 13.7.1. China
    • 13.7.2. Japan
    • 13.7.3. India
    • 13.7.4. South Korea
    • 13.7.5. ASEAN
    • 13.7.6. Rest of Asia Pacific
  • 13.8. Market Attractiveness Analysis
    • 13.8.1. By Product
    • 13.8.2. By Communication Standard
    • 13.8.3. By Deployment
    • 13.8.4. By Application
    • 13.8.5. By Industry Vertical
    • 13.8.6. By Country/Sub-region

14. Middle East & Africa Non-volatile Memory Express (NVMe) Market Analysis and Forecast

  • 14.1. Market Snapshot
  • 14.2. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product, 2017-2031
    • 14.2.1. Solid-state Drive (SSD)
    • 14.2.2. Storage Server
    • 14.2.3. All-flash Array
    • 14.2.4. Others (Adapter, Controller, etc.)
  • 14.3. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Communication Standard, 2017-2031
    • 14.3.1. Ethernet
    • 14.3.2. Fiber Channel
    • 14.3.3. InfiniBand Network
  • 14.4. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Deployment, 2017-2031
    • 14.4.1. On-premise
    • 14.4.2. Cloud
    • 14.4.3. Hybrid
  • 14.5. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
    • 14.5.1. Data Centers
    • 14.5.2. Enterprises
    • 14.5.3. Client Systems
    • 14.5.4. Industrial Systems
    • 14.5.5. Computing Devices
  • 14.6. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Industry Vertical, 2017-2031
    • 14.6.1. Banking, Financial Services, and Insurance (BFSI)
    • 14.6.2. IT and Telecommunication
    • 14.6.3. Media and Entertainment
    • 14.6.4. Consumer Electronics
    • 14.6.5. Manufacturing
    • 14.6.6. Others (Research and Academia, Healthcare, etc.)
  • 14.7. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 14.7.1. GCC
    • 14.7.2. South Africa
    • 14.7.3. Rest of Middle East & Africa
  • 14.8. Market Attractiveness Analysis
    • 14.8.1. By Product
    • 14.8.2. By Communication Standard
    • 14.8.3. By Deployment
    • 14.8.4. By Application
    • 14.8.5. By Industry Vertical
    • 14.8.6. By Country/Sub-region

15. South America Non-volatile Memory Express (NVMe) Market Analysis and Forecast

  • 15.1. Market Snapshot
  • 15.2. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product, 2017-2031
    • 15.2.1. Solid-state Drive (SSD)
    • 15.2.2. Storage Server
    • 15.2.3. All-flash Array
    • 15.2.4. Others (Adapter, Controller, etc.)
  • 15.3. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Communication Standard, 2017-2031
    • 15.3.1. Ethernet
    • 15.3.2. Fiber Channel
    • 15.3.3. InfiniBand Network
  • 15.4. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Deployment, 2017-2031
    • 15.4.1. On-premise
    • 15.4.2. Cloud
    • 15.4.3. Hybrid
  • 15.5. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
    • 15.5.1. Data Centers
    • 15.5.2. Enterprises
    • 15.5.3. Client Systems
    • 15.5.4. Industrial Systems
    • 15.5.5. Computing Devices
  • 15.6. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) Analysis & Forecast, By Industry Vertical, 2017-2031
    • 15.6.1. Banking, Financial Services, and Insurance (BFSI)
    • 15.6.2. IT and Telecommunication
    • 15.6.3. Media and Entertainment
    • 15.6.4. Consumer Electronics
    • 15.6.5. Manufacturing
    • 15.6.6. Others (Research and Academia, Healthcare, etc.)
  • 15.7. Non-volatile Memory Express (NVMe) Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 15.7.1. Brazil
    • 15.7.2. Rest of South America
  • 15.8. Market Attractiveness Analysis
    • 15.8.1. By Product
    • 15.8.2. By Communication Standard
    • 15.8.3. By Deployment
    • 15.8.4. By Application
    • 15.8.5. By Industry Vertical
    • 15.8.6. By Country/Sub-region

16. Competition Assessment

  • 16.1. Global Non-volatile Memory Express (NVMe) Market Competition Matrix - a Dashboard View
    • 16.1.1. Global Non-volatile Memory Express (NVMe) Market Company Share Analysis, by Value (2022)
    • 16.1.2. Technological Differentiator

17. Company Profiles (Global Manufacturers/Suppliers)

  • 17.1. Broadcom Inc.
    • 17.1.1. Overview
    • 17.1.2. Product Portfolio
    • 17.1.3. Sales Footprint
    • 17.1.4. Key Subsidiaries or Distributors
    • 17.1.5. Strategy and Recent Developments
    • 17.1.6. Key Financials
  • 17.2. Cisco Systems, Inc.
    • 17.2.1. Overview
    • 17.2.2. Product Portfolio
    • 17.2.3. Sales Footprint
    • 17.2.4. Key Subsidiaries or Distributors
    • 17.2.5. Strategy and Recent Developments
    • 17.2.6. Key Financials
  • 17.3. Dell Inc.
    • 17.3.1. Overview
    • 17.3.2. Product Portfolio
    • 17.3.3. Sales Footprint
    • 17.3.4. Key Subsidiaries or Distributors
    • 17.3.5. Strategy and Recent Developments
    • 17.3.6. Key Financials
  • 17.4. Huawei Technologies Co., Ltd.
    • 17.4.1. Overview
    • 17.4.2. Product Portfolio
    • 17.4.3. Sales Footprint
    • 17.4.4. Key Subsidiaries or Distributors
    • 17.4.5. Strategy and Recent Developments
    • 17.4.6. Key Financials
  • 17.5. IBM Corporation
    • 17.5.1. Overview
    • 17.5.2. Product Portfolio
    • 17.5.3. Sales Footprint
    • 17.5.4. Key Subsidiaries or Distributors
    • 17.5.5. Strategy and Recent Developments
    • 17.5.6. Key Financials
  • 17.6. Intel Corporation
    • 17.6.1. Overview
    • 17.6.2. Product Portfolio
    • 17.6.3. Sales Footprint
    • 17.6.4. Key Subsidiaries or Distributors
    • 17.6.5. Strategy and Recent Developments
    • 17.6.6. Key Financials
  • 17.7. Marvell Technology, Inc.
    • 17.7.1. Overview
    • 17.7.2. Product Portfolio
    • 17.7.3. Sales Footprint
    • 17.7.4. Key Subsidiaries or Distributors
    • 17.7.5. Strategy and Recent Developments
    • 17.7.6. Key Financials
  • 17.8. Microchip Technology Inc.
    • 17.8.1. Overview
    • 17.8.2. Product Portfolio
    • 17.8.3. Sales Footprint
    • 17.8.4. Key Subsidiaries or Distributors
    • 17.8.5. Strategy and Recent Developments
    • 17.8.6. Key Financials
  • 17.9. Micron Technology, Inc.
    • 17.9.1. Overview
    • 17.9.2. Product Portfolio
    • 17.9.3. Sales Footprint
    • 17.9.4. Key Subsidiaries or Distributors
    • 17.9.5. Strategy and Recent Developments
    • 17.9.6. Key Financials
  • 17.10. Pure Storage, Inc.
    • 17.10.1. Overview
    • 17.10.2. Product Portfolio
    • 17.10.3. Sales Footprint
    • 17.10.4. Key Subsidiaries or Distributors
    • 17.10.5. Strategy and Recent Developments
    • 17.10.6. Key Financials
  • 17.11. Renesas Electronics Corporation
    • 17.11.1. Overview
    • 17.11.2. Product Portfolio
    • 17.11.3. Sales Footprint
    • 17.11.4. Key Subsidiaries or Distributors
    • 17.11.5. Strategy and Recent Developments
    • 17.11.6. Key Financials
  • 17.12. Samsung Electronics Co., Ltd.
    • 17.12.1. Overview
    • 17.12.2. Product Portfolio
    • 17.12.3. Sales Footprint
    • 17.12.4. Key Subsidiaries or Distributors
    • 17.12.5. Strategy and Recent Developments
    • 17.12.6. Key Financials
  • 17.13. Seagate Technology LLC
    • 17.13.1. Overview
    • 17.13.2. Product Portfolio
    • 17.13.3. Sales Footprint
    • 17.13.4. Key Subsidiaries or Distributors
    • 17.13.5. Strategy and Recent Developments
    • 17.13.6. Key Financials
  • 17.14. SK Hynix Inc.
    • 17.14.1. Overview
    • 17.14.2. Product Portfolio
    • 17.14.3. Sales Footprint
    • 17.14.4. Key Subsidiaries or Distributors
    • 17.14.5. Strategy and Recent Developments
    • 17.14.6. Key Financials
  • 17.15. Toshiba Electronic Devices & Storage Corporation
    • 17.15.1. Overview
    • 17.15.2. Product Portfolio
    • 17.15.3. Sales Footprint
    • 17.15.4. Key Subsidiaries or Distributors
    • 17.15.5. Strategy and Recent Developments
    • 17.15.6. Key Financials
  • 17.16. Other Key Players
    • 17.16.1. Overview
    • 17.16.2. Product Portfolio
    • 17.16.3. Sales Footprint
    • 17.16.4. Key Subsidiaries or Distributors
    • 17.16.5. Strategy and Recent Developments
    • 17.16.6. Key Financials

18. Go to Market Strategy

  • 18.1. Identification of Potential Market Spaces
  • 18.2. Preferred Sales & Marketing Strategy
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