Market Overview:
The global NVMe SSDs market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-performance storage devices and the growing trend of using SSDs in data centers. In terms of revenue, the data center segment is expected to hold the largest share of the global NVMe SSDs market during the forecast period. This can be attributed to factors such as increasing demand for cloud services and big data analytics, and rising need for fast storage solutions in data centers.
Product Definition:
NVMe (Non-Volatile Memory Express) is an interface specification for SSDs that allows PCIe SSDs to achieve greater performance and lower latency than SATA drives. NVMe drives are important for high-performance systems because they can take advantage of the fast PCIe bus to deliver significantly better performance than SATA drives.
256Mb:
NVMe Solid State Drives (SSDs) have been gaining traction in the enterprise and consumer markets. The key factor responsible for this shift is high performance coupled with low cost of operation compared to traditional hard disk drives (HDDs). However, one challenge that has remained persistent is the lack of capacity. Enterprise storage requirements are growing at a tremendous rate owing to increased data generation across various industry verticals, such as media & entertainment, BFSI and IT & telecom among others.
512Mb:
NVMe Solid State Drive (SSD) is a storage device that uses flash memory to store data. It employs the solid-state drive (SSD) technology, which provides faster read and write operations as compared to traditional hard disk drives (HDDs). The growing demand for high-speed data transfer and increasing investments in the NVMe ecosystem are expected to boost market growth over the forecast period.
Application Insights:
The data centers application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to factors such as increasing demand for high-speed network, growing cloud computing applications, and rising need for storage devices with higher transfer speeds. The NVMe SSDs provide excellent performance compared to traditional hard disk drives (HDDs) owing to their super I/O architecture that enables multiple commands per interrupt. As a result, they are widely used in data centers across various applications such as web servers, virtualization servers, database servers and others.
The desktop PCs application segment is expected register a significant CAGR of XX% from 2018 to 2030 on account of increasing adoption of these devices due to features such as fast bootup times along with low power consumption rates that enable them operate longer on a single charge without any additional power source required.
Regional Analysis:
The North American regional market dominated the global NVMe SSDs industry in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing adoption of PCIe Gen3 x4 interface based solid state drives for enterprise applications, high internet usage, and growing demand for high-performance computing systems. Moreover, presence of major players such as Samsung Electronics Co., Ltd.; Micron Technology Inc.; and Western Digital Corporation in this region will further boost the product demand.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising investments by key companies in developing countries such as China and India. Furthermore, favorable government initiatives regarding deployment of next-generation storage technologies are also driving industry expansion at a rapid pace.
Growth Factors:
- Increased demand for faster storage: With the growth of big data, artificial intelligence, and other data-intensive applications, there is a growing demand for faster storage solutions. NVMe SSDs can deliver significantly higher performance than traditional SATA SSDs, making them an ideal choice for these applications.
- Proliferation of high-end laptops and ultrabooks: As more and more high-end laptops and ultrabooks come to market, there is increasing demand for NVMe SSDs to take advantage of their higher performance potential.
- Shift to all-flash data centers: More organizations are moving away from traditional spinning hard disks towards all-flash data centers in order to take advantage of the performance benefits that flash storage offers. NVMe SSDs are well suited for this type of environment due to their low latency and high throughput characteristics.
- Growing popularity of cloud computing: The growth in cloud computing is also fueling demand for NVMe SSDs as providers look to offer customers the best possible experience with respect to performance and price/performance ratio . By deploying NVMe drives in their datacenters , providers can improve the overall responsivenessof their services . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
NVMe SSDs Market Research Report
By Type
256Mb, 512Mb, 1Gb, 2Gb
By Application
Data Centers, Desktop PCs, Notebooks/Tablets, Others
By Companies
Intel, Micron, Samsung Electronics, Microsoft, Sandisk, Toshiba Corp, Panasonic, Lenovo, Netac, Kingston Technology, Intel, Hitachi Global Storage Technologies, Seagate, Teclast
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global NVMe SSDs Market Report Segments:
The global NVMe SSDs market is segmented on the basis of:
Types
256Mb, 512Mb, 1Gb, 2Gb
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
Data Centers, Desktop PCs, Notebooks/Tablets, 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:
- Intel
- Micron
- Samsung Electronics
- Microsoft
- Sandisk
- Toshiba Corp
- Panasonic
- Lenovo
- Netac
- Kingston Technology
- Intel
- Hitachi Global Storage Technologies
- Seagate
- Teclast
Highlights of The NVMe SSDs 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:
- 256Mb
- 512Mb
- 1Gb
- 2Gb
- By Application:
- Data Centers
- Desktop PCs
- Notebooks/Tablets
- 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 NVMe SSDs 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.
How you may use our products:
- Correctly Positioning New Products
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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?
NVMe SSDs are a type of solid state drive that uses the PCIe bus. They offer high performance and low latency, making them ideal for applications that require fast data access, such as gaming and video editing.
Some of the major companies in the nvme ssds market are Intel, Micron, Samsung Electronics, Microsoft, Sandisk, Toshiba Corp, Panasonic, Lenovo, Netac, Kingston Technology, Intel, Hitachi Global Storage Technologies, Seagate, Teclast.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 NVMe SSDs 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 NVMe SSDs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 NVMe SSDs 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 NVMe SSDs 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 NVMe SSDs Market Size & Forecast, 2018-2028
4.5.1 NVMe SSDs Market Size and Y-o-Y Growth
4.5.2 NVMe SSDs Market Absolute $ Opportunity
Chapter 5 Global NVMe SSDs 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 NVMe SSDs Market Size Forecast by Type
5.2.1 256Mb
5.2.2 512Mb
5.2.3 1Gb
5.2.4 2Gb
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global NVMe SSDs 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 NVMe SSDs Market Size Forecast by Applications
6.2.1 Data Centers
6.2.2 Desktop PCs
6.2.3 Notebooks/Tablets
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global NVMe SSDs 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 NVMe SSDs 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 NVMe SSDs Analysis and Forecast
9.1 Introduction
9.2 North America NVMe SSDs 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 NVMe SSDs Market Size Forecast by Type
9.6.1 256Mb
9.6.2 512Mb
9.6.3 1Gb
9.6.4 2Gb
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 NVMe SSDs Market Size Forecast by Applications
9.10.1 Data Centers
9.10.2 Desktop PCs
9.10.3 Notebooks/Tablets
9.10.4 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 NVMe SSDs Analysis and Forecast
10.1 Introduction
10.2 Europe NVMe SSDs 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 NVMe SSDs Market Size Forecast by Type
10.6.1 256Mb
10.6.2 512Mb
10.6.3 1Gb
10.6.4 2Gb
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 NVMe SSDs Market Size Forecast by Applications
10.10.1 Data Centers
10.10.2 Desktop PCs
10.10.3 Notebooks/Tablets
10.10.4 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 NVMe SSDs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific NVMe SSDs 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 NVMe SSDs Market Size Forecast by Type
11.6.1 256Mb
11.6.2 512Mb
11.6.3 1Gb
11.6.4 2Gb
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 NVMe SSDs Market Size Forecast by Applications
11.10.1 Data Centers
11.10.2 Desktop PCs
11.10.3 Notebooks/Tablets
11.10.4 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 NVMe SSDs Analysis and Forecast
12.1 Introduction
12.2 Latin America NVMe SSDs 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 NVMe SSDs Market Size Forecast by Type
12.6.1 256Mb
12.6.2 512Mb
12.6.3 1Gb
12.6.4 2Gb
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 NVMe SSDs Market Size Forecast by Applications
12.10.1 Data Centers
12.10.2 Desktop PCs
12.10.3 Notebooks/Tablets
12.10.4 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) NVMe SSDs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) NVMe SSDs 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) NVMe SSDs Market Size Forecast by Type
13.6.1 256Mb
13.6.2 512Mb
13.6.3 1Gb
13.6.4 2Gb
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) NVMe SSDs Market Size Forecast by Applications
13.10.1 Data Centers
13.10.2 Desktop PCs
13.10.3 Notebooks/Tablets
13.10.4 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 NVMe SSDs Market: Competitive Dashboard
14.2 Global NVMe SSDs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intel
14.3.2 Micron
14.3.3 Samsung Electronics
14.3.4 Microsoft
14.3.5 Sandisk
14.3.6 Toshiba Corp
14.3.7 Panasonic
14.3.8 Lenovo
14.3.9 Netac
14.3.10 Kingston Technology
14.3.11 Intel
14.3.12 Hitachi Global Storage Technologies
14.3.13 Seagate
14.3.14 Teclast
