Non-Volatile Memory Express (NVMe) Market 2022 : Size, Trends, Growth, Insights And Forecast Report 2031 | Samsung Electronics Co Ltd, Intel Corporation, Dell EMC, Broadcom, Cisco

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The global non-volatile memory express (NVMe) market report by the business research company identifies the increased adoption of cloud-hosting services is expected to be a major growth driver for the non-volatile memory express (NVMe) market. Unlike traditional hosting, solutions are not deployed on a single server. The increased adoption of cloud-hosting services is expected to boost demand for NVMe as they play a crucial role in increasing the performance and interoperability of various enterprise-level services. According to Gartner Inc., a US-based consulting firm, cloud services are predicted to replace conventional solutions with more than 45% of IT spending on system infrastructure, infrastructure software, application software, and business process outsourcing by 2024. Therefore, increasing adoption of cloud-hosting services is expected to boost demand for non-volatile memory express (NVMe) during the forecast period.

The global non-volatile memory express market size is expected to grow from $38.26 billion in 2021 to $49.30 billion in 2022 at a compound annual growth rate (CAGR) of 28.86%. The global non-volatile memory express market size is expected to grow to $149.06 billion in 2026 at a compound annual growth rate (CAGR) of 31.86%.

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North America was the largest region in the non-volatile memory express (NVMe) market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global non-volatile memory express market during the forecast period. The regions covered in the global non-volatile memory express (NVMe) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the non-volatile memory express (NVMe) market are Samsung Electronics Co Ltd, Western Digital Corporation, Intel Corporation, Dell EMC, Hewlett Packard Enterprise, Broadcom, Cisco, Excelero Kingston Technology Europe Co LLP, IBM Corporation, Lenovo, Marvell, Micron Technology Inc, Microsemi, Oracle, Pure Storage Inc, and Microchip Technology Inc.

The global non-volatile memory express (nvme) market is segmented -
1) By Product: Solid-state Drives (SSDs), Adapters, All-flash Arrays, Servers, Others

2) By Communication Standard: Ethernet, Fibre Channel, InfiniBand

3) By Vertical: Banking, Financial Services, and Insurance (BFSI), Consumer Goods and Retail, Telecommunications and Information Technology Enabled Services (ITeS), Healthcare, Energy, Government, Education and Research, Media and Entertainment, Manufacturing, Others

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The Non-Volatile Memory Express (NVMe) Market Report Contents Include
1. Executive Summary
2. Non-Volatile Memory Express (NVMe) Market Characteristics
3. Non-Volatile Memory Express (NVMe) Market Trends And Strategies
4. Impact Of COVID-19 On Non-Volatile Memory Express (NVMe)
5. Non-Volatile Memory Express (NVMe) Market Size And Growth
....
26. Africa Non-Volatile Memory Express (NVMe) Market
27. Non-Volatile Memory Express (NVMe) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Non-Volatile Memory Express (NVMe) Market
29. Non-Volatile Memory Express (NVMe) Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the non-volatile memory express (NVMe) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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