Press release
Non-Volatile Memory Express Market Trends, Top Companies, Share, Growth And Forecast 2032
Non-Volatile Memory Express Market
As per the non-volatile memory express market report by The Business Research Company, the increased adoption of cloud-hosting services is expected to drive the non-volatile memory express (NVMe) market.
The global non-volatile memory express (NVMe) market size grew from $49.96 billion in 2022 to $67.32 billion in 2023 at a compound annual growth rate (CAGR) of 34.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The non-volatile memory express (NVMe) market size is expected to grow to $205.76 billion in 2027 at a CAGR of 32.2%.
Read More On The Non-Volatile Memory Express Market Report Here:
https://www.thebusinessresearchcompany.com/report/non-volatile-memory-express-nvme-global-market-report
Major competitors in the non-volatile memory express market include 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 non-volatile memory express market is segmented -
• By Product: Solid-state Drives (SSDs), Adapters, All-flash Arrays, Servers, Other Products
• By Communication Standard: Ethernet, Fibre Channel, InfiniBand
• By Vertical: Banking, Financial Services, and Insurance (BFSI), Consumer Goods & Retail, Telecommunications & Information Technology enabled Services (ITeS), Healthcare, Energy, Government, Education & Research, Media & Entertainment, Manufacturing, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the non-volatile memory express market.
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The non-volatile memory express refer to a scalable and high-performing controller interface with the command set streamlined registered interface. It is designed for systems, enterprises, and data centers to effectively utilize storage based on non-volatile memory. NVM Express can assist businesses, cloud services operators, and data centers in increasing the performance demands of non-volatile memory storage.
The Table Of Content For The Non-Volatile Memory Express Market Include:
1. Executive Summary
2. Non-Volatile Memory Express (NVMe) Market Characteristics
3. Non-Volatile Memory Express (NVMe) Market Trends And Strategies
4. Non-Volatile Memory Express (NVMe) Market - Macro Economic Scenario
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
The "Global Non-Volatile Memory Express Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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