Market Overview:
The global non-volatile memory express (NVM) market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for NAND flash and NOR flash in consumer electronics and PC & server applications. Additionally, the growing demand for embedded NVM in automotive and industrial applications is also contributing to the growth of this market. However, factors such as limited storage capacity and high cost are restraining the growth of this market. On basis of type, NAND Flash accounted for majority share of global non-volatile memory express (NVM) Market in 2017. This can be attributed to its growing demand in consumer electronics and PC & server applications. NOR Flash is expected to grow at highest CAGR during forecast period due its increasing demand from automotive and industrial applications. On basis of application, Memory Card/UFD held largest share of global non-volatile memory express (NVM) Market followed by SSDs in 2017 owing to their widespread use across various end-use industries such as consumer electronics, automotive etcetera .
Product Definition:
Non-Volatile Memory Express (NVM) is a computer storage interface specification developed by the Non-Volatile Memory Host Controller Interface Working Group (NVMeWG). NVMe allows an SSD to exploit the full performance potential of PCI Express (PCIe) 3.0, 4.0 and 5.0 lanes, providing a significant increase in performance over Serial ATA drives.
NVMe exploits parallelism available in modern CPUs by allowing multiple requests to be handled simultaneously, which can improve drive throughput and reduce latency.
NAND Flash:
NAND flash is a type of non-volatile memory used in electronic devices. It is also known as flash memory and works on the principle of electrically Erasing and writing data into a semiconductor device using thin, read only wires. Data can be stored in NAND by creating an electric field between two charged plates (N+ or S+).
NOR Flash:
The NOR flash is a type of non-volatile memory used in electronic devices. It can be programmed using the NVM Express (NVE) specification. The key features of this technology include high endurance, fast programming and erasing operations, low power consumption, and support for multiple chip programming & reading. These chips are widely used in automotive infotainment systems as they offer better security levels as compared to SRAM or DRAM modules installed in the vehicle’s system.
Application Insights:
The global non-volatile memory express (NVM) market has been segmented into memory card/UFD, SSD, consumer electronics, PC & server and others. The NVM technology is widely used in various electronic devices such as mobile phones, digital cameras and handheld gaming consoles among others. The increasing demand for smartphones is expected to drive the growth of the overall market during the forecast period.
The product is also used in numerous other applications including personal computers & servers and industrial systems among others. Growing demand for high performance storage from web-based data centers along with rising adoption of cloud computing services are anticipated to propel industry growth over the coming years.
Non-volatile memory or flash has a wide range of applications across multiple end-use segments owing to its benefits such as high endurance than conventional computer hard disks drives (HDD).
Regional Analysis:
The North American region is expected to lead the global market in terms of revenue share. The presence of prominent players such as Micron Technology, Inc.; Samsung; and Intel Corporation has contributed to the growth of this regional market. Moreover, rising demand for consumer electronics with enhanced storage capabilities is anticipated to drive product adoption over the forecast period.
The Asia Pacific regional market captured a significant share owing to increasing demand from China and Japan. The growing popularity of NVM technology in mobile phones due to its ability provide persistent memory support will further fuel industry expansion over the next eight years. Furthermore, investments by key companies such as Toshiba Electronic Devices & Storage Corporation; SK Hynix Inc.; and Western Digital Technologies Co., Ltd., are also expected boost industry growth across this region during the same period (2016 - 2030).
Growth Factors:
- Increasing demand for faster, more reliable storage solutions from data-intensive industries such as big data, artificial intelligence (AI), and Internet of Things (IoT) is expected to drive the growth of NVM market.
- Proliferation of 5G networks is anticipated to create new opportunities for NVM market as 5G-enabled devices are expected to require high-performance storage solutions with low latency and high bandwidth.
- Growing popularity of cloud computing and increasing demand for cloud services is projected to boost the adoption rate of NVM solutions in data centers.
- Rapid advancements in technology and growing trend of miniaturization are likely to fuel the growth prospects for NVM market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-volatile Memory Express (NVM) Market Research Report
By Type
NAND Flash, NOR Flash, Embedded NVM, Others
By Application
Memory Card/UFD, SSD, Consumer Electronics, PC & Server, Others
By Companies
Samsung, KIOXIA, Western Digital, Micron, SK Hynix, YMTC, Macronix, Winbond, GigaDevice, Cypress, Samsung, GlobalFoundries, UMC, SMIC, HHGrace
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Non-volatile Memory Express (NVM) Market Report Segments:
The global Non-volatile Memory Express (NVM) market is segmented on the basis of:
Types
NAND Flash, NOR Flash, Embedded NVM, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Memory Card/UFD, SSD, Consumer Electronics, PC & Server, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung
- KIOXIA
- Western Digital
- Micron
- SK Hynix
- YMTC
- Macronix
- Winbond
- GigaDevice
- Cypress
- Samsung
- GlobalFoundries
- UMC
- SMIC
- HHGrace
Highlights of The Non-volatile Memory Express (NVM) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NAND Flash
- NOR Flash
- Embedded NVM
- Others
- By Application:
- Memory Card/UFD
- SSD
- Consumer Electronics
- PC & Server
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Non-volatile Memory Express (NVM) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Non-volatile memory express (NVM) is a type of flash storage technology that allows for faster data access and longer battery life. NVM can be used in devices such as servers, mobile phones, and tablets.
Some of the major companies in the non-volatile memory express (nvm) market are Samsung, KIOXIA, Western Digital, Micron, SK Hynix, YMTC, Macronix, Winbond, GigaDevice, Cypress, Samsung, GlobalFoundries, UMC, SMIC, HHGrace.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Non-volatile Memory Express (NVM) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Non-volatile Memory Express (NVM) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Non-volatile Memory Express (NVM) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Non-volatile Memory Express (NVM) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Non-volatile Memory Express (NVM) Market Size & Forecast, 2018-2028 4.5.1 Non-volatile Memory Express (NVM) Market Size and Y-o-Y Growth 4.5.2 Non-volatile Memory Express (NVM) Market Absolute $ Opportunity
Chapter 5 Global Non-volatile Memory Express (NVM) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Non-volatile Memory Express (NVM) Market Size Forecast by Type
5.2.1 NAND Flash
5.2.2 NOR Flash
5.2.3 Embedded NVM
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Non-volatile Memory Express (NVM) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Non-volatile Memory Express (NVM) Market Size Forecast by Applications
6.2.1 Memory Card/UFD
6.2.2 SSD
6.2.3 Consumer Electronics
6.2.4 PC & Server
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non-volatile Memory Express (NVM) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Non-volatile Memory Express (NVM) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Non-volatile Memory Express (NVM) Analysis and Forecast
9.1 Introduction
9.2 North America Non-volatile Memory Express (NVM) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Non-volatile Memory Express (NVM) Market Size Forecast by Type
9.6.1 NAND Flash
9.6.2 NOR Flash
9.6.3 Embedded NVM
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Non-volatile Memory Express (NVM) Market Size Forecast by Applications
9.10.1 Memory Card/UFD
9.10.2 SSD
9.10.3 Consumer Electronics
9.10.4 PC & Server
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Non-volatile Memory Express (NVM) Analysis and Forecast
10.1 Introduction
10.2 Europe Non-volatile Memory Express (NVM) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Non-volatile Memory Express (NVM) Market Size Forecast by Type
10.6.1 NAND Flash
10.6.2 NOR Flash
10.6.3 Embedded NVM
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Non-volatile Memory Express (NVM) Market Size Forecast by Applications
10.10.1 Memory Card/UFD
10.10.2 SSD
10.10.3 Consumer Electronics
10.10.4 PC & Server
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Non-volatile Memory Express (NVM) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Non-volatile Memory Express (NVM) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Non-volatile Memory Express (NVM) Market Size Forecast by Type
11.6.1 NAND Flash
11.6.2 NOR Flash
11.6.3 Embedded NVM
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Non-volatile Memory Express (NVM) Market Size Forecast by Applications
11.10.1 Memory Card/UFD
11.10.2 SSD
11.10.3 Consumer Electronics
11.10.4 PC & Server
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Non-volatile Memory Express (NVM) Analysis and Forecast
12.1 Introduction
12.2 Latin America Non-volatile Memory Express (NVM) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Non-volatile Memory Express (NVM) Market Size Forecast by Type
12.6.1 NAND Flash
12.6.2 NOR Flash
12.6.3 Embedded NVM
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Non-volatile Memory Express (NVM) Market Size Forecast by Applications
12.10.1 Memory Card/UFD
12.10.2 SSD
12.10.3 Consumer Electronics
12.10.4 PC & Server
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Non-volatile Memory Express (NVM) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Non-volatile Memory Express (NVM) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Non-volatile Memory Express (NVM) Market Size Forecast by Type
13.6.1 NAND Flash
13.6.2 NOR Flash
13.6.3 Embedded NVM
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Non-volatile Memory Express (NVM) Market Size Forecast by Applications
13.10.1 Memory Card/UFD
13.10.2 SSD
13.10.3 Consumer Electronics
13.10.4 PC & Server
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Non-volatile Memory Express (NVM) Market: Competitive Dashboard
14.2 Global Non-volatile Memory Express (NVM) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 KIOXIA
14.3.3 Western Digital
14.3.4 Micron
14.3.5 SK Hynix
14.3.6 YMTC
14.3.7 Macronix
14.3.8 Winbond
14.3.9 GigaDevice
14.3.10 Cypress
14.3.11 Samsung
14.3.12 GlobalFoundries
14.3.13 UMC
14.3.14 SMIC
14.3.15 HHGrace