Global Non-Volatile Memory Express (NVMe) Market

Focus on Device (SSD, All-Flash Array, Server, Adapter), End User (Enterprise, Client, Consumer), Communication (Ethernet, Fiber, InfiniBand) Industry (Manufacturing, Telecommunication, Transportation, Healthcare, Banking), Funding, Impact of COVID-19 - Analysis and Forecast, 2020-2025

Published Year: 2020
SKU: DT00913SA

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1 Market Dynamics

1.1    Market Drivers
         1.1.1    Continuous Generation of Process Data and Subsequent Need for Data Storage Systems
         1.1.2    Rising Demand for Improved Performance of Storage Devices
         1.1.3    Increasing Adoption of NVMe in Data Center
1.2    Market Restraints
         1.2.1    Increase in Data Security Risk
         1.2.2    High NVMe Implementation Cost
1.3    Market Opportunities
         1.3.1    Integration of Data Storage Devices in IoT Applications
         1.3.2    Growth Opportunities in Big Data Analytics and Artificial Intelligence
         1.3.3    Arising Scope of NVMe in Blockchain

2 Competitive Landscape

2.1    Key Market Developments and Strategies
         2.1.1    Product Launches and Development
         2.1.2    Partnerships, Collaborations, and Joint Ventures
         2.1.3    Mergers and Acquisitions
         2.1.4    Business Expansion and Contract
         2.1.5    Others
2.2    Competitive Benchmarking of Key Players in Global NVMe Market

3 Industry Analysis

3.1    Role of NVMe in Deep-Tech Applications
         3.1.1    Edge Computing
         3.1.2    Wireless Cellular Communication (5G, 6G)
         3.1.3    Autonomous Vehicles
         3.1.4    Natural Language Processing
3.2    Investment and Funding Landscape
3.3    Consortiums and Associations
3.4    Patents Analysis
         3.4.1    Patent Analysis by Status
         3.4.2    Patent Analysis by Company
         3.4.3    Patent Analysis by Storage Device Type

4 Global Non-Volatile Memory Express (NVMe) Market (by Device)

4.1    Market Overview
4.2    Solid-State Drive (SSD)
4.3    All-Flash Array (AFA)
4.4    Servers
4.5    Adapters
4.6    Others

5 Global Non-Volatile Memory Express (NVMe) Market (by End User)

5.1    Market Overview
5.2    Enterprise
5.3    Client
5.4    Consumer

6 Global Non-Volatile Memory Express (NVMe) Market (by Communication Type)

6.1    Market Overview
6.2    Ethernet
6.3    Fiber Channel
6.4    InfiniBand

7 Global Non-Volatile Memory Express (NVMe) Market (by Industry Vertical)

7.1    Market Overview
7.2    Manufacturing
7.3    Telecommunication
7.4    Healthcare
7.5    Transportation
7.6    Banking and Finance
7.7    Governance
7.8    Education
7.9    Others

8 Global Non-Volatile Memory Express (NVMe) Market (by Region)

8.1    Market Overview
8.2    North America
         8.2.1    North America NVMe Market (by Industry)
         8.2.2    North America NVMe Market (by Country)
                     8.2.2.1    U.S.
                     8.2.2.2    Canada
                     8.2.2.3    Mexico
                     8.2.2.4    Rest-of-North America
8.3    U.K.
         8.3.1    U.K. NVMe Market (by Industry)
8.4    Europe
         8.4.1    Europe NVMe Market (by Industry)
         8.4.2    Europe NVMe Market (by Country)
                     8.4.2.1    Germany
                     8.4.2.2    France
                     8.4.2.3    Sweden
                     8.4.2.4    Italy
                     8.4.2.5    Spain
                     8.4.2.6    Rest-of- Europe
8.5    China
         8.5.1    China NVMe Market (by Industry)
8.6    Asia-Pacific & Japan
         8.6.1    Asia-Pacific & Japan NVMe Market (by Industry)
         8.6.2    Asia-Pacific & Japan NVMe Market (by Country)
                     8.6.2.1    Japan
                     8.6.2.2    South Korea
                     8.6.2.3    India
                     8.6.2.4    Australia
                     8.6.2.5    Singapore
                     8.6.2.6    Rest-of-Asia-Pacific & Japan
8.7    Middle East & Africa (MEA)
         8.7.1    Middle East & Africa NVMe Market (by Industry)
         8.7.2    Middle East & Africa NVMe Market (by Country)
                     8.7.2.1    Saudi Arabia
                     8.7.2.2    United Arab Emirates (U.A.E.)
                     8.7.2.3    South Africa
                     8.7.2.4    Rest-of-Middle East & Africa
8.8    South America
         8.8.1    South America NVMe Market (by Industry)
         8.8.2    South America NVMe Market (by Country)
                     8.8.2.1    Brazil
                     8.8.2.2    Argentina
                     8.8.2.3    Rest-of-South America

9 Company Profiles

9.1    Overview
9.2    Addonics Technologies.
         9.2.1    Company Overview
         9.2.2    Role of Addonics Technologies in Non-Volatile Memory Express (NVMe) Market
         9.2.3    SWOT Analysis
9.3    Amazon Web Services, Inc.
         9.3.1    Company Overview
         9.3.2    Role of Amazon Web Services, Inc. in Global NVMe Market
         9.3.3    Financials
         9.3.4    SWOT Analysis
9.4    Broadcom Inc.
         9.4.1    Company Overview
         9.4.2    Role of Broadcom Inc. in Non-Volatile Memory Express Market.
         9.4.3    Financials
         9.4.4    SWOT Analysis
9.5    Cisco Systems Inc.
         9.5.1    Company Overview
         9.5.2    Role of Cisco Systems Inc. in Global NVMe Market
         9.5.3    Financials
         9.5.4    SWOT Analysis
9.6    Dell Technologies
         9.6.1    Company Overview
         9.6.2    Role of Dell Technologies in Non-Volatile Memory Express Market
         9.6.3    Financials
         9.6.4    SWOT Analysis
9.7    Hewlett Packard Enterprise
         9.7.1    Company Overview
         9.7.2    Role of Hewlett Packard Enterprise in Non-Volatile Memory Express Market.
         9.7.3    Financials
         9.7.4    SWOT Analysis
9.8    Huawei Technologies Co., Ltd.
         9.8.1    Company Overview
         9.8.2    Role of Huawei Technologies Co., Ltd. in Global NVMe Market
         9.8.3    Financials
         9.8.4    SWOT Analysis
9.9    IBM Corporation
         9.9.1    Company Overview
         9.9.2    Role of IBM Corporation in Global NVMe Market
         9.9.3    Financials
         9.9.4    Key Insights About the Financial Health of the Company
         9.9.5    SWOT ANALYSIS
9.10    Intel Corporation
           9.10.1    Company Overview
           9.10.2    Role of Intel Corporation in Global NVMe Market
           9.10.3    Financials
           9.10.4    Key Insights About the Financial Health of the Company
           9.10.5    SWOT Analysis
9.11    Marvell Technology Group Ltd.
           9.11.1    Company Overview
           9.11.2    Role of Marvell Technology Group Ltd. in Non-Volatile Memory Express (NVMe) Market
           9.11.3    Financials
           9.11.4    SWOT Analysis
9.12    Micron Technology, Inc
           9.12.1    Company Overview
           9.12.2    Role of Micron Technology, Inc in Non-Volatile Memory Express Market
           9.12.3    Financials
           9.12.4    SWOT Analysis
9.13    NetApp,Inc.
           9.13.1    Company Overview
           9.13.2    Role of NetApp,Inc. in Non-Volatile Memory Express Market.
           9.13.3    Financials
           9.13.4    SWOT Analysis
9.14    Samsung Electronics Co. Ltd.
           9.14.1    Company Overview
           9.14.2    Role of Samsung Electronics Co. Ltd. In Non-Volatile Memory Express Market
           9.14.3    Financials
           9.14.4    SWOT Analysis
9.15    Toshiba Memory Corporation
           9.15.1    Company Overview
           9.15.2    Role of Toshiba Memory Corporation in Non-Volatile Memory Express Market.
           9.15.3    Financials
           9.15.4    SWOT Analysis
9.16    Western Digital
           9.16.1    Company Overview
           9.16.2    Role of Western Digital in Non-Volatile Memory Express Market
           9.16.3    Financials
           9.16.4    SWOT Analysis

10 Report Scope and Methodology

10.1    Report Scope
10.2    Market Research Methodology
           10.2.1    Assumptions
           10.2.2    Limitations
           10.2.3    Primary Data Sources
           10.2.4    Secondary Data Sources
           10.2.5    Data Triangulation
           10.2.6    Market Estimation and Forecast

11 Annexure

11.1    Annexure A : List of Key Strategies and Developments in Global NVMe Market (Jan 2017-Jul 2020)

List of Tables

Table 1.1:    Impact Analysis of Drivers
Table 1.2:    Impact Analysis of Restraints
Table 3.1:    Associations/Consortiums in Global NVMe Market
Table 4.1:    Global NVMe Market (by Device), $Billion, 2019-2025
Table 4.2:    Product Portfolio of Key Players Providing NVMe Solid-State Drives
Table 4.3:    All-Flash Array Offering by Key Players in NVMe Market
Table 4.4:    Storage Server Offering by Key Players in NVMe Market
Table 4.5:    Product Portfolio of Key Players Providing NVMe Adapters
Table 4.6:    Other Offering by Key Players in NVMe Market
Table 5.1:    Global NVMe Market (by End User), $Billion, 2019-2025
Table 5.2:    Technical Difference between Client Storage and Enterprise Storage
Table 5.3:    Technical Difference between Consumer Storage and Enterprise Storage
Table 6.1:    Global NVMe Market (by Communication Type), $Billion, 2019-2025
Table 6.2:    Types of Ethernet Cables with Specifications
Table 6.3:    Fiber Channel (FC) Protocol Layer
Table 6.4:    Technical Specifications of NVMe-oF
Table 7.1:    Global NVMe Market (by Industry Vertical), $Billion, 2019-2025
Table 7.2:    Some Renowned Government & Inter-Governmental Organizations
Table 8.1:    Global NVMe Market (by Region), $Billion, 2019-2025
Table 8.2:    North America NVMe Market (by Industry), $Billion, 2019-2025
Table 8.3:    North America NVMe Market (by Country), $Billion, 2019-2025
Table 8.4:    Few Leading Commercial Organizations in Canada
Table 8.5:    U.K. NVMe Market (by Industry), $Billion, 2019-2025
Table 8.6:    Europe NVMe Market (by Industry), $Billion, 2019-2025
Table 8.7:    Europe NVMe Market (by Country), $Billion, 2019-2025
Table 8.8:    China NVMe Market (by Industry), $Billion, 2019-2025
Table 8.9:    Asia-Pacific & Japan NVMe Market (by Industry), $Billion, 2019-2025
Table 8.10:    Asia-Pacific & Japan NVMe Market (by Country)
Table 8.11:    Middle East & Africa NVMe Market (by Industry), $Billion,  2019-2025
Table 8.12:    Middle East & Africa NVMe Market (by Country)
Table 8.13:    South America NVMe Market (by Industry), $Billion, 2019-2025
Table 8.14:    South America NVMe Market (by Country), $Billion, 2019-2025
Table 9.1:    Addonics Technologies: Product Portfolio
Table 9.2:    Amazon Web Services, Inc.: Product Portfolio
Table 9.3:    Broadcom Inc.: Product Portfolio
Table 9.4:    Cisco Systems Inc.: Product Portfolio
Table 9.5:    Dell Technologies: Product Portfolio
Table 9.6:    Hewlett Packard Enterprise: Product Portfolio
Table 9.7:    Huawei Technologies Co., Ltd.: Product Portfolio
Table 9.8:    IBM Corporation: Product Portfolio
Table 9.9:    Intel Corporation: Product Portfolio
Table 9.10:    Marvell Technology Group Ltd.: Product Portfolio
Table 9.11:    Micron Technology, Inc: Product Portfolio
Table 9.12:    NetApp,Inc.: Product Portfolio
Table 9.13:    Samsung Electronics Co. Ltd.: Product Portfolio
Table 9.14:    Toshiba Memory Corporation: Product Portfolio
Table 9.15:    Western Digital: Product Portfolio

List of Figures

Figure 1:    Driving and Restraint Factors in Global NVMe Market
Figure 2:    Global NVMe Market Snapshot
Figure 3:    Global NVMe Market (by End User), $Billion, 2020 and 2025
Figure 4:    Global NVMe Market (by Device), $Billion, 2020 and 2025
Figure 5:    Global NVMe Market (by Communication Type), $Billion, 2020 and 2025
Figure 6:    Global NVMe Market (by Industry Vertical), $Billion, 2020 and 2025
Figure 7:    Regional NVMe Market Snapshot
Figure 1.1:    Market Dynamics
Figure 2.1:    Strategies Adopted by Key Players (January 2017-July 2020)
Figure 2.2:    Share of Key Market Strategies and Developments (January 2017-July 2020)
Figure 2.3:    New Product Launches and Development Share (by Company)
Figure 2.4:    Partnerships, Collaborations and Joint Venture Shares (by Company)
Figure 2.5:    Merger and Acquisition Share (by Company)
Figure 2.6:    Business Expansion and Contract Share (by Company)
Figure 2.7:    Competitive Benchmarking Matrix
Figure 3.1:    Global NVMe Market: Investment and Funding, August 2017- July 2020
Figure 3.2:    Investment and Funding Landscape Share (by Round), $Million
Figure 3.3:    Investment and Funding Landscape Share (by Product Category), $Million
Figure 3.4:    Year-wise Patents Filed for NVMe, July 2017- March 2020
Figure 3.5:    Patent Analysis, by Status (July 2017 to March 2020)
Figure 3.6:    Patent Analysis, by Company (July 2017 to March 2020)
Figure 3.7:    Patent Analysis, by Storage Device Type (July 2017 to March 2020)
Figure 4.1:    Advantages of NVMe Solid-State Drives
Figure 4.2:    Global NVMe Solid-State Drives Market, $Billion, 2019-2025
Figure 4.3:    Global NVMe All-Flash Array Market, $Billion, 2019-2025
Figure 4.4:    Global NVMe Servers Market, $Billion, 2019-2025
Figure 4.5:    Global NVMe Adapters Market, $Billion, 2019-2025
Figure 4.6:    Global Other NVMe Devices Market, $Billion, 2019-2025
Figure 5.1:    Global Enterprise NVMe Market, $Billion, 2019-2025
Figure 5.2:    Client-Centric Electronic Devices
Figure 5.3:    Global Client NVMe Market, $Billion, 2019-2025
Figure 5.4:    Global Consumer NVMe Market, $Billion, 2019-2025
Figure 6.1:    Communication of Computer System with NVMe Storage Devices Using  NVMe-oF
Figure 6.2:    Global NVMe Market (by Ethernet Communication), $Billion, 2019-2025
Figure 6.3:    NVMe-over Fabric (NVMe-oF) via Fiber Channel
Figure 6.4:    Global NVMe Market (by Fiber Channel Communication), $Billion, 2019-2025
Figure 6.5:    Global NVMe Market (by InfiniBand Communication Type), $Billion, 2019-2025
Figure 7.1:    Global NVMe in Manufacturing Market, $Billion, 2019-2025
Figure 7.2:    Global NVMe inTelecommunication Market, $Billion, 2019-2025
Figure 7.3:    Global NVMe in Healthcare Market, $Billion, 2019-2025
Figure 7.4:    Types of Transportation Industry
Figure 7.5:    Global NVMe in Transportation Market, $Billion, 2019-2025
Figure 7.6:    Global NVMe in Banking and Finance Market, $Billion, 2019-2025
Figure 7.7:    Global NVMe in Governance Market, $Billion, 2019-2025
Figure 7.8:    Global NVMe in Education Market, $Billion, 2019-2025
Figure 7.9:    Global NVMe in Other Industry Vertical Market, $Billion, 2019-2025
Figure 8.1:    Global NVMe Market by Region
Figure 8.2:    North America NVMe Market, $Billion, 2019-2025
Figure 8.3:    U.S. NVMe Market, $Billion, 2019-2025
Figure 8.4:    Canada NVMe Market, $Billion, 2019-2025
Figure 8.5:    Mexico NVMe Market, $Billion, 2019-2025
Figure 8.6:    Rest-of-North America NVMe Market, $Billion, 2019-2025
Figure 8.7:    U.K. NVMe Market, $Billion, 2019-2025
Figure 8.8:    Europe NVMe Market, $Billion, 2019-2025
Figure 8.9:    Germany NVMe Market, $Billion, 2019-2025
Figure 8.10:    France NVMe Market, $Billion, 2019-2025
Figure 8.11:    Sweden NVMe Market, $Billion, 2019-2025
Figure 8.12:    Italy NVMe Market, $Billion, 2019-2025
Figure 8.13:    Spain NVMe Market, $Billion, 2019-2025
Figure 8.14:    Rest-of-the-Europe NVMe Market, $Billion, 2019-2025
Figure 8.15:    China NVMe Market, $Billion, 2019-2025
Figure 8.16:    Asia-Pacific & Japan NVMe Market, $Billion, 2019-2025
Figure 8.17:    Japan NVMe Market, $Billion, 2019-2025
Figure 8.18:    South Korea NVMe Market, $Billion, 2019-2025
Figure 8.19:    India NVMe Market, $Billion, 2019-2025
Figure 8.20:    Australia NVMe Market, $Billion, 2019-2025
Figure 8.21:    Singapore NVMe Market, $Billion, 2019-2025
Figure 8.22:    Rest-of-Asia-Pacific & Japan NVMe Market, $Billion, 2019-2025
Figure 8.23:    Middle East & Africa NVMe Market, $Billion, 2019-2025
Figure 8.24:    Saudi Arabia NVMe Market, $Billion, 2019-2025
Figure 8.25:    U.A.E. NVMe Market, $Billion, 2019-2025
Figure 8.26:    South Africa NVMe Market, $Billion, 2019-2025
Figure 8.27:    Rest-of-Middle East and Africa NVMe Market, $Billion, 2019-2025
Figure 8.28:    South America NVMe Market, $Billion, 2019-2025
Figure 8.29:    Brazil NVMe Market, $Billion, 2019-2025
Figure 8.30:    Argentina NVMe Market, $Billion, 2019-2025
Figure 8.31:    Rest-of-South America NVMe Market, $Billion, 2019-2025
Figure 9.1:    Segmentation of Key Companies Profiled by Type of Company
Figure 9.2:    Addonics Technologies: SWOT Analysis
Figure 9.3:    Amazon.com, Inc.: Net Revenue (by Business Segment), 2017-2019
Figure 9.4:    Amazon Web Services, Inc.: SWOT Analysis
Figure 9.5:    Broadcom Inc.: Overall Financials, 2017-2019
Figure 9.6:    Broadcom Inc.: Net Revenue (by Business Segment), 2019-2020
Figure 9.7:    Broadcom Inc.: Net Revenue (by Region), 2017-2018
Figure 9.8:    Broadcom Inc.: Net Revenue (by Region), 2019
Figure 9.9:    Broadcom Inc.: SWOT Analysis
Figure 9.10:    Cisco Systems Inc.: Overall Financials, 2017-2019
Figure 9.11:    Cisco Systems Inc.: Net Revenue (by Business Segment), 2017-2019
Figure 9.12:    Cisco Systems: Net Revenue (by Region), 2017-2019
Figure 9.13:    Cisco Systems Inc.: SWOT Analysis
Figure 9.14:    Dell Technologies: Overall Financials, 2018-2020
Figure 9.15:    Dell Technologies: Net Revenue (by Business Segment), 2018-2020
Figure 9.16:    Dell Technologies: Net Revenue (by Region), 2018-2020
Figure 9.17:    Dell Technologies: SWOT Analysis
Figure 9.18:    Hewlett Packard Enterprise: Overall Financials, 2017-2019
Figure 9.19:    Hewlett Packard Enterprise: Net Revenue (by Business Segment), 2019-2020
Figure 9.20:    Hewlett Packard Enterprise: Net Revenue (by Region), 2017-2019
Figure 9.21:    Hewlett Packard Enterprise: SWOT Analysis
Figure 9.22:    Huawei Technologies Co., Ltd.: Overall Financials, 2017-2019
Figure 9.23:    Huawei Technologies Co., Ltd.: Net Revenue (by Business Segment), 2017-2019
Figure 9.24:    Huawei Technologies Co., Ltd.: Net Revenue (by Region), 2017-2019
Figure 9.25:    Huawei Technologies Co., Ltd.: SWOT Analysis
Figure 9.26:    IBM Corporation: Overall Financials, 2017-2019
Figure 9.27:    IBM Corporation: Net Revenue (by Business Segment), 2017-2019
Figure 9.28:    IBM Corporation: Net Revenue (by Regional Segment), 2017-2019
Figure 9.29:    IBM Corporation: R&D Expenditure, 2017-2019
Figure 9.30:    IBM Corporation: SWOT Analysis
Figure 9.31:    Intel Corporation: Overall Financials, 2017-2019
Figure 9.32:    Intel Corporation: Net Revenue (by Business Segment), 2017-2019
Figure 9.33:    Intel Corporation: Net Revenue (by Regional Segment), 2017-2019
Figure 9.34:    Research and Development: Intel Corporation – 2017 to 2019
Figure 9.35:    Intel Corporation: SWOT Analysis
Figure 9.36:    Marvell Technology Group Ltd.: Overall Financials, 2018-2020
Figure 9.37:    Marvell Technology Group Ltd.: Net Revenue (by Operational Segment),  2018-2020
Figure 9.38:    Marvell Technology Group Ltd: Net Revenue (by Region), 2019-2020
Figure 9.39:    Marvell Technology Group Ltd.: SWOT Analysis
Figure 9.40:    Micron Technology, Inc: Overall Financials, 2017-2019
Figure 9.41:    Micron Technology, Inc: Net Revenue (by Business Segment), 2017-2019
Figure 9.42:    Micron Technology, Inc: Net Revenue (by Region), 2017-2019
Figure 9.43:    Micron Technology, Inc: SWOT Analysis
Figure 9.44:    NetApp,Inc.: Overall Financials, 2018-2020
Figure 9.45:    NetApp,Inc.: Net Revenue (by Business Segment), 2018-2020
Figure 9.46:    NetApp,Inc.: Net Revenue (by Region), 2018-2020
Figure 9.47:    NetApp,Inc.: SWOT Analysis
Figure 9.48:    Samsung Electronics Co. Ltd.: Overall Financials, 2017-2019
Figure 9.49:    Samsung Electronics Co. Ltd.: Net Revenue (by Business Segment), 2017-2019
Figure 9.50:    Samsung Electronics Co. Ltd.: Net Revenue (by Region), 2017-2019
Figure 9.51:    Samsung Electronics Co. Ltd.: SWOT Analysis
Figure 9.52:    Toshiba Memory Corporation: Overall Financials, 2017-2019
Figure 9.53:    Toshiba Memory Corporation: Net Revenue (by Business Segment), 2017-2019
Figure 9.54:    Toshiba Memory Corporation: Net Revenue (by Region), 2017-2019
Figure 9.55:    Toshiba Memory Corporation: SWOT Analysis
Figure 9.56:    Western Digital: Overall Financials, 2017-2019
Figure 9.57:    Western Digital: Net Revenue (by Business Segment), 2017-2019
Figure 9.58:    Western Digital: Net Revenue (by Region), 2017-2019
Figure 9.59:    Western Digital Inc.: SWOT Analysis
Figure 10.1    NVMe Market Scope
Figure 10.2    Report Methodology
Figure 10.3    Primary Interviews Breakdown, by Company, Designation, and Region
Figure 10.4    Sources of Secondary Research
Figure 10.5:    Data Triangulation
Figure 10.6:    Top-Down and Bottom-Up Approach for Market Estimation

FAQ's

What is the Estimated Growth Rate of the Non-Volatile Memory Express (NVMe) Market?

Answer – The global non-volatile memory express (NVMe) market is projected to grow with a significant CAGR of 42.66% during 2020-2025 and is expected to generate $115.35 billion by the end of 2025.

What are the Growth Drivers for the NVMe Market?

Answer – The market growth is favored by factors such as the continuous generation of process data and subsequent need for data storage systems, rising demand for improved performance of storage devices, and increased adoption of NVMe in data centers.

Which Industry Vertical Observes the Highest Adoption of NVMe in the Coming Decade?

Answer – Owing to the increase in the deployment of smart factoring solutions, the manufacturing market is expected to generate the highest revenue by the end of 2025. Apart from this, NVMe technology is also used in other sectors such as healthcare, transportation, banking and finance, government agencies, and educational institutes.

How has COVID-19 Affected the Growth of the Global Non-Volatile Memory Express Market?

Answer – The NVMe market growth experienced a downfall due to the COVID-19 pandemic as it resulted in the delay and restriction in the purchase of the NVMe storage devices from the end-user organizations. However, the market is estimated to revive sparsely during 2020 Q3 with a healthy rate from 2021.

Which Region is Expected to Dominate the NVMe Market During the Forecast Period?

Answer – Due to the high market penetration rate, the North American region dominates the global NVMe market over the years 2019-2025. However, the Asia-Pacific and Japan region is expected to emerge as one of the most lucrative markets for NVMe.

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Global Non-Volatile Memory Express (NVMe) Market

Focus on Device (SSD, All-Flash Array, Server, Adapter), End User (Enterprise, Client, Consumer), Communication (Ethernet, Fiber, InfiniBand) Industry (Manufacturing, Telecommunication, Transportation, Healthcare, Banking), Funding, Impact of COVID-19 - Analysis and Forecast, 2020-2025