NVME (nonvolatile memory express) Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Non-Volatile Memory Express (NVME) market size is projected to grow from USD 44.6 billion in 2021 to USD 163.5 billion by 2028; it is projected to grow at a CAGR of 29% from 2022 to 2028. The major factors driving the growth of the market include the increasing adoption of NVME technologies in SSDs, servers, and storage appliances; exponential rise in data generation and evolving demand for data storage and processing infrastructure and significant performance advancements offered by NVME.

Company Profile

• Western Digital Corporation (Western Digital) (US)
• Intel Corporation (Intel) (US)
• Dell EMC (US)
• Hewlett Packard Enterprise (HPE) (US)
• Samsung Electronics Co., Ltd. (Samsung) (South Korea)

Market Segmentation

Based on Product:

• Solid-state Drives (SSDs)
• Adapters
• All-flash Arrays
• Servers

Based on Communication Standard:

• Ethernet
• Fibre Channel
• InfiniBand

Based on deployment location:

• On-premise
• Remote
• Hybrid

Based on vertical:

• Banking, Financial Services, and Insurance (BFSI)
• Consumer Goods & Retail
• Telecommunications & ITeS
• Healthcare
• Energy

Scope of the Report

The research study analyzes the NVME(nonvolatile memory express) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by NVME (nonvolatile memory express) Market Report

1. What was the NVME (nonvolatile memory express) Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of NVME (nonvolatile memory express) Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the NVME (nonvolatile memory express) Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.