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Showing posts with the label Non-volatile Memory Express (NVMe) Market Size

Global Forecast 2025: NVMe Market Size, Share, and Growth Trends

The   Non-volatile Memory Express (NVMe) Market   by Product, Deployment Location, Communication Standard, Vertical, and Region - Global Forecast to 2025" highlights the market's extraordinary growth trajectory. Forecasts show that by 2025, it will have grown significantly from USD 44.6 billion in 2020 to USD 163.5 billion, or a strong compound annual growth rate (CAGR) of 29.7%. The growing use of NVMe devices across a range of industries, including servers, adapters, SSDs, and all-flash arrays, is one of the main drivers of this exponential expansion. Further driving market expansion is the move towards on-premise, remote, and hybrid deployment models as well as the advancement of communication protocols like Ethernet, Fibre Channel, and InfiniBand. Over the course of the projection period, NVMe technology's widespread use is anticipated to fuel significant market growth, ushering in a new era of high-performance, low-latency storage solutions. NVMe technology is becomi...

Innovate to Accelerate: Non-volatile Memory Express (NVMe) Market Anticipated to Hit $163.5 Billion by 2025

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The   Non-Volatile Memory Express (NVMe) Market  is growing at a very quick pace. With a forecasted valuation of USD 44.6 billion in 2020, the market is expected to develop at a healthy compound annual growth rate (CAGR) of 29.7% to reach USD 163.5 billion by 2025. Several causes are responsible for this growth trajectory, including the growing use of NVMe-based storage solutions in a variety of industries, including servers, adapters, SSDs, and all-flash arrays. Furthermore, by improving data transfer speeds and overall system efficiency, developments in communication standards like Ethernet, Fibre Channel, and InfiniBand are driving market growth even further. In addition, the implementation of NVMe solutions in various deployment settings, including as on-premise, remote, and hybrid environments, is fostering market growth by catering to the changing storage requirements of enterprises in various industries. Download PDF Brochure @  https://www.marketsandmarkets.c...

Non-volatile Memory Express (NVMe) Market in Asia Pacific: Leading the $163.5 Billion Charge

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A thorough new market research report on the   Non-volatile Memory Express (NVMe) Market  has been published. In-depth analysis of the NVMe industry is provided in this document, which covers items like SSDs, servers, all-flash arrays, and adapters. Additionally, it takes into account deployment locations, which include on-site, remote, and hybrid configurations, as well as networking protocols including Ethernet, Fibre Channel, and InfiniBand. The paper also analyses the market in several geographic and vertical contexts. The research seeks to offer a full overview of the changing NVMe landscape and its global prediction through 2025 by offering insights into these important components. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=30458978 The Asia Pacific Non-Volatile Memory Express (NVMe) Market is anticipated to grow significantly over the next years, according to forecasts. This market, which is projected to start out at USD 9.9 bi...

The Increasing Adoption of Non-volatile Memory Express (NVMe) Market in Data Centers

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The   Non-volatile Memory Express (NVMe) Market   is anticipated to increase significantly. The market for NVMe is anticipated to grow from USD 44.6 billion in 2020 to USD 163.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 29.7% over the forecast period, according to a report by MarketsandMarkets.  In the Asia Pacific area, the non-volatile memory express (NVMe) industry is expanding significantly due to a number of causes. The performance improvements provided by NVMe technology, which have expanded usage of NVMe in servers, SSDs, and storage appliances, are one of the main causes fueling this expansion. The region's NVMe market is expanding as a result of the adoption of end-to-end NVMe over fabrics (NVMe-Of). In order to access NVMe devices across a network and provide quicker and more effective data transfer rates, NVMe-Of is a communication protocol. New market opportunities are being created for the NVMe market in the Asia Pacific area as a result of ...

Exploring the Various Applications of Non-volatile Memory Express (NVMe) Market

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The   Non-volatile Memory Express (NVMe) Market   is expected to grow from USD 9.9 billion in 2020 to USD 43.5 billion by 2025, at a CAGR of 34.3% from 2020 to 2025. The Non-volatile Memory Express (NVMe) Market is anticipated to expand rapidly over the next years. The SSDs, servers, all-flash arrays, and adapters categories are expected to rise over the next years, according to the report, which evaluates the market in terms of product, deployment location, communication standard, vertical, and geography. The report also emphasises the expanding significance of NVMe in a number of sectors, such as healthcare, finance, and retail, and it foresees a rise in the use of NVMe-based solutions in on-premise, remote, and hybrid deployment settings. Ethernet, Fibre Channel, and InfiniBand are also mentioned in the research as the principal communication standards promoting market expansion. Due to the rising need for data storage and the uptake of modern technologies in nations l...

Non-volatile Memory Express (NVMe) Market Growth 2023, Recent Trends, Demand and Share Estimation with Top Players and Forecast to 2025

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The   Non-volatile Memory Express (NVMe) Market   is projected to grow from USD 44.6 billion in 2020 to USD 163.5 Billion by 2025, at a CAGR of 29.7% from 2020 to 2025. Non-volatile memory express (NVMe) is a host controller interface and storage protocol that is used to increase the speed of data transfer between a host system and a peripheral target storage device over a computer’s high-speed Peripheral Component Interconnect Express (PCIe) bus. NVMe is designed for storage and networking devices with NVMe interface and NVMe compatibility, including solid-state drives (SSDs), adapters, storage arrays, and servers.   Key Players: Some of the Major players in the Non-volatile Memory Express (NVMe) Market are Intel Corporation (US), Western Digital Corporation (US), SAMSUNG (South Korea), Dell Technologies Inc. (US), and Hewlett Packard Enterprise Company (US). These players have adopted various growth strategies such as contracts, joint ventures, partnerships & agreem...