Press release
Non-Volatile Memory Express (NVMe) Global Market Report 2024 - By Report, Size, Share, Industry Trends, Forecast To 2033
Non-Volatile Memory Express (NVMe) Market
The non-volatile memory express (nvme) market size is expected to see exponential growth in the next few years. It will grow to $260.43 billion in 2028 at a compound annual growth rate (CAGR) of 30.7%. The growth in the forecast period can be attributed to expanding it infrastructure, rising digitalization , growing gaming sector, rise in disposable income. Major trends in the forecast period include edge computing integration, emergence of nvme over fabrics (nvme-of), ai and machine learning acceleration, security enhancements, customization and integration.
Market Overview -
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.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=7071&type=smp
Cloud Hosting Drives Nvme Market Growth
The increased adoption of cloud-hosting services is expected to drive the non-volatile memory express (NVMe) market. Cloud hosting allows applications and websites to access cloud resources. 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 crucial role in increasing the performance and intereoperability if 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 the adoption of cloud-hosting services is expected to boost demand for non-volatile memory express (NVMe) during the forecast period.
Competitive Landscape -
Major companies operating in the non-volatile memory express (nvme) market include Intel Corporation., Toshiba Corporation, Samsung Electronics Co. Ltd., Adesto Technologies Corporation, Viking Technology, Crossbar Inc., Kilopass Technology Inc., Sidense Corporation, Sandisk Corporation, Micron Technology Inc., Honeywell Corporation., STMicroelectronics NV, Avalanche Technology's, Cypress Semiconductor Corporation, Everspin Technologies Inc., Western Digital Technologies Inc., KIOXIA Holdings Corporation., SK hynix Inc., Microchip Technology Inc., ROHM Co. Ltd., Renesas Electronics Corporation, Infineon Technologies AG., Nantero Inc., Winbond Electronics Corporation., Pure Storage Inc.
Technological Advancements In Nvme Market
Technological developments are a key trend gaining popularity in the non-volatile memory express (NVMe) market. Major companies operating in non-volatile memory express (NVMe) are developing new products or technologies to strengthen their position in the market. For instance, in October 2022, Kingston Digital, a US-based computer technology corporation that develops, manufactures, sells, and supports flash memory products and other computer-related memory products, launched the NV2 PCIe 4.0 NVMe SSD, a next-generation storage solution powered by a Gen 4x4 NVMe controller. The NV2 PCIe 4.0 NVMe SSD is designed for users looking for power-packed Gen 4x4 NVMe PCIe performance in a compact form factor, ideal for thinner notebooks, small form factor (SFF) systems, and DIY motherboards.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/non-volatile-memory-express-nvme-global-market-report
Key Segments -
The non-volatile memory express (nvme) market covered in this report is segmented -
1) By Product: Solid-state Drives (SSDs), Adapters, All-flash Arrays, Servers, Other Products
2) By Communication Standard: Ethernet, Fibre Channel, InfiniBand
3) 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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model"
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Non-Volatile Memory Express (NVMe) Global Market Report 2024 - By Report, Size, Share, Industry Trends, Forecast To 2033 here
News-ID: 3495737 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for NVM
Non-Volatile Memory (NVM) Market to Witness Exponential Growth by 2032
The non-volatile memory market is expected to continue growing in the coming years, owing to increasing demand for non-volatile memory in the consumer electronics sector. The growing trend towards sustainability is also expected to drive growth in the non-volatile memory market. Allied Market Research, titled "Non-Volatile Memory (NVM) Market," The non-volatile memory (NVM) market size was valued at $41 billion in 2022 and is estimated to reach $96.1 billion by…
Non-Volatile Memory (NVM) Market
Non-Volatile Memory (NVM) Market Overview
The Non-volatile memory (NVM) Market is a type of secondary memory that is used in computer systems to facilitate permanent storage and backup facility to the crucial information.
This report provides a deep insight into the global Non-Volatile Memory (NVM) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche…
Non-Volatile Memory (NVM) Market 2023-2032: Key Trends Driving Industry Growth a …
The non-volatile memory market is expected to continue growing in the coming years, owing to increasing demand for non-volatile memory in consumer electronics sector. The growing trend towards sustainability is also expected to drive growth in the non-volatile memory market. Allied Market Research, titled, "Non-Volatile Memory (NVM) Market," The non-volatile memory (NVM) market size was valued at $41 billion in 2022, and is estimated to reach $96.1 billion by 2032,…
Non-Volatile Memory (NVM) Market Is Set to Garner Staggering Revenues By 2032
Allied Market Research, titled, "Non-Volatile Memory (NVM) Market," The non-volatile memory (NVM) market size was valued at $41 billion in 2022, and is estimated to reach $96.1 billion by 2032, growing at a CAGR of 9.4% from 2023 to 2032.
The non-volatile memory (NVM) market growth is expected to exhibit moderate growth during the forecast period due to the increasing application of NVM in consumer electronics. Non-volatile memory is a type…
Non-Volatile Memory (NVM) Market 2016 | Present Scenario And Growth Prospects 20 …
Scope of the Global Non-Volatile Memory (NVM) Market
The latest research report on the global market for Non-Volatile Memory (NVM) is an in-depth analysis of the full prospects of the market for Non-Volatile Memory (NVM) over the estimate period. The analysis also provides a detailed understanding of important target market dynamics, such as current patterns, drivers, opportunities, and restrictions. The present scenario and the growth scenario of the global Non-Volatile Memory…
2018 Non-Volatile Memory (NVM) Market SWOT, Industry Chain and Raw materials Ana …
ReportsnReports recently announces a latest research report titled “Global Non-Volatile Memory (NVM) Market 2018” which highlights the Non-Volatile Memory (NVM) market size, comprehensive Non-Volatile Memory (NVM) industry dynamics and high-tech updates of global Non-Volatile Memory (NVM) market with respect to Non-Volatile Memory (NVM) industry opportunities, threats, challenges, constraints, cost structure and current trends in the Non-Volatile Memory (NVM) industry.
The Non-Volatile Memory (NVM) (NVM) Market is a type of secondary memory…
