The global NVMe market is projected to grow from $19.52 billion in 2020 to $115.35 billion by 2025, at a CAGR of 42.66% from 2020 to 2025
NEW YORK, Oct. 8, 2020 /PRNewswire/ —
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Market Report Coverage – Global Non-Volatile Memory Express (NVMe) Market
Market Segmentation
• Device – Solid-State Drive, All-Flash Arrays, Servers, Adapters, and Others
• Communication Type – Ethernet, Fiber Channel, and InfiniBand
• End User – Enterprise, Client, and Consumer
• Industry Vertical – Manufacturing, Telecommunication, Healthcare, Transportation, Banking and Finance, Government Agencies, and Educational Institutions, and Others
• Region – North America, South America, Europe, U.K., China, Asia-Pacific & Japan, and Middle East and Africa
Regional Segmentation
• North America – U.S., Canada, Mexico, and Rest-of-North America
• South America – Brazil, Argentina, and Rest-of-South America
• Europe –Germany, France, Sweden, Italy, Spain, and Rest-of-Europe
• U.K.
• China
• Asia-Pacific and Japan – Japan, South Korea, India, Australia, Singapore, and Rest-of-Asia-Pacific and Japan
• Middle East Africa – Saudi Arabia, U.A.E, South Africa, and Rest-of-Middle East Africa
Market Growth Drivers
• Continuous Generation of Process Data and Subsequent Need for Data Storage System
• Rising Demand for Improved Performance of Storage Devices
• Increasing Adoption of NVMe in Data Center
Market Growth Restraints
• Increase in Data Security Risk
• High NVMe Implementation Cost
Market Opportunities
• Integration of Data Storage Devices in IoT Applications
• Growth Opportunities in Big Data Analytics and Artificial Intelligence
• Arising Scope of NVMe in Blockchain
Key NVMe Companies Profiled
IBM Corporation, Cisco Systems, Amazon Web Services, Huawei Technologies, Intel Corporation, Western Digital, Toshiba Memory Corporation, Samsung Electronics, NetApp Inc., Micron Technology, Hewlett Packard Enterprise, Dell Technologies, Broadcom Inc., Marvell Technology Group, and Addonics Technologies
Key Questions Answered in this Report:
• What are the