According to a market report by Lucintel, the future of the
non-volatile memory express (NVMe) market looks promising with opportunities in the BFSI, telecommunication, healthcare, energy, government, education & research, media & entertainment, business & consulting, consumer goods & retails, and manufacturing industries. The global non-volatile memory express (NVMe) market is expected to grow with a CAGR of 25% from 2021 to 2026. The major drivers for this market are increasing adoption of NVMe technologies in SSDs, servers, and storage appliances and rise in demand for NVMe for data generation and storage application.
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In this market, SSDs, adapters, all-flash array, and servers are the major product types. SSDs will remain the largest product type segment due to increasing demand for storage solutions in various industries.
On-premise, remote, and hybrid are the major deployment type segments in this market. Hybrid deployment will remain the largest deployment type segment during the forecast period due to increasing need to keep a backup of the crucial data in case any mishap happens on the premise.
North America will remain the largest region in the forecast period due to increasing demand for advanced data storage technologies and increasing interest of leading data storage companies, such as Dell, NetApp, HPE, Hitachi, Western Digital, and Intel.
Samsung Electronics Co., Ltd., Western Digital Corporation, Intel Corporation, Dell EM, Microchip Technology, Toshiba Corporation, Broadcom Inc., and Hewlett Packard Enterprise are among the major non-volatile memory express (NVMe) manufacturers.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in the global non-volatile memory express (NVMe) market by product type, communication standard, deployment type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “
Growth Opportunities in the Global Non-Volatile Memory Express (NVMe) Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global non-volatile memory express (NVMe) market by product type, communication standard, deployment type, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2015 – 2026]:
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Solid-State Drives (SSDs)
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Adapters
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All-flash Arrays
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Servers
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Others
By Communication Standard [$M shipment analysis for 2015 – 2026]:
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Ethernet
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Fiber Channel
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InfiniBand
By Deployment Type [$M shipment analysis for 2015 – 2026]:
By End Use Industry [$M shipment analysis for 2015 – 2026]:
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Banking, Financial Services, and Insurance (BFSI)
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Consumer Goods & Retail
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Telecommunications & ITeS
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Healthcare
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Energy
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Governments
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Education & Research
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Media & Entertainment
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Manufacturing
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Business & Consulting
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Others
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
