Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Non-volatile Memory Express (NVMe) Market to reach USD XX million by 2028.

Global Non-volatile Memory Express (NVMe) Market Size study, By Product (Solid-state Drives (SSDs), Adapters, All-flash Arrays, Servers, Others), By Deployment Location (On-premise, Remote, Hybrid), By End-use (Banking, Financial Services, and Insurance (BFSI), Consumer Goods & Retail, Telecommunications & ITeS, Healthcare, Others), and Regional Forecasts 2022-2028

Product Code: EESC-53907357
Publish Date: 25-05-2022
Page: 200

Global Non-volatile Memory Express (NVMe) Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Non-volatile memory express (NVMe) is a host controller interface and storage protocol that is used to enhance the transfer speed of data among the enterprise and client systems and solid-state drives. NVMe supports data centers and industries in meeting the enhanced performance demands associated with non-volatile memory storage by increasing productivity and scalability across a wide range of client and enterprise systems. The growing adoption of NVMe technologies in SSDS, servers, and storage appliances, increase in data generation and advancing demand for data storage and processing infrastructure, and rising technological developments are the chief factors bolstering the market demand across the globe. For instance, in 2018, Intel Corporation invested around USD 13.5 billion in research and development activities, to help the company continually develop and widen its portfolio, flourish in completion, and clutch over novel opportunities. Thereby, the growing investments in the R&D activities are bolstering the demand for non-volatile memory express, which, in turn, augments the market growth worldwide. However, the high cost of NVMe and several complexities associated with data integrity and data protection impede the growth of the market over the forecast period of 2022-2028. Also, the rising adoption of NVMe for IoT, big data, artificial intelligence (AI), and blockchain and the development of the emerging markets are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Non-volatile Memory Express (NVMe) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the early adoption of advanced data storage technologies and increasing investments in technological developments. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the surging demand for consumer electronics, as well as rising penetration of data storage in both large- and small-scale enterprises, would create lucrative growth prospects for the Non-volatile Memory Express (NVMe) Market across the Asia-Pacific region.

Major market players included in this report are:
Samsung Electronics Co., Ltd.
Western Digital Corporation
Intel Corporation
Dell EMC
Hewlett Packard Enterprise
Micron Technology, Inc.
Cisco Systems, Inc.
Toshiba Corporation
International Business Machines Corporation
Marvell Technology Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Solid-state Drives (SSDs)
All-flash Arrays
By Deployment Location:
By End-use:
Banking, Financial Services, and Insurance (BFSI)
Consumer Goods & Retail
Telecommunications & ITeS
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Non-volatile Memory Express (NVMe) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Non-volatile Memory Express (NVMe) Market, by Region, 2020-2028 (USD Million)
1.2.2. Non-volatile Memory Express (NVMe) Market, by Product, 2020-2028 (USD Million)
1.2.3. Non-volatile Memory Express (NVMe) Market, by Deployment Location, 2020-2028 (USD Million)
1.2.4. Non-volatile Memory Express (NVMe) Market, by End-use, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Non-volatile Memory Express (NVMe) Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Non-volatile Memory Express (NVMe) Market Dynamics
3.1. Non-volatile Memory Express (NVMe) Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Growing adoption of NVMe technologies in SSDS, servers, and storage appliances Rise in data generation and evolving demand for data storage and processing infrastructure
3.1.2. Market Challenges High cost of Non-volatile Memory Express (NVMe) Several complexities are associated with the data integrity and data protection
3.1.3. Market Opportunities Rising adoption of NVMe for IoT, big data, artificial intelligence (AI), and blockchain Development of the emerging markets
Chapter 4. Global Non-volatile Memory Express (NVMe) Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Non-volatile Memory Express (NVMe) Market, by Product
6.1. Market Snapshot
6.2. Global Non-volatile Memory Express (NVMe) Market by Product, Performance – Potential Analysis
6.3. Global Non-volatile Memory Express (NVMe) Market Estimates & Forecasts by Product, 2018-2028 (USD Million)
6.4. Non-volatile Memory Express (NVMe) Market, Sub Segment Analysis
6.4.1. Solid-state Drives (SSDs)
6.4.2. Adapters
6.4.3. All-flash Arrays
6.4.4. Servers
6.4.5. Others
Chapter 7. Global Non-volatile Memory Express (NVMe) Market, by Deployment Location
7.1. Market Snapshot
7.2. Global Non-volatile Memory Express (NVMe) Market by Deployment Location, Performance – Potential Analysis
7.3. Global Non-volatile Memory Express (NVMe) Market Estimates & Forecasts by Deployment Location, 2018-2028 (USD Million)
7.4. Non-volatile Memory Express (NVMe) Market, Sub Segment Analysis
7.4.1. On-premise
7.4.2. Remote
7.4.3. Hybrid
Chapter 8. Global Non-volatile Memory Express (NVMe) Market, by End-use
8.1. Market Snapshot
8.2. Global Non-volatile Memory Express (NVMe) Market by End-use, Performance – Potential Analysis
8.3. Global Non-volatile Memory Express (NVMe) Market Estimates & Forecasts by End-use, 2018-2028 (USD Million)
8.4. Non-volatile Memory Express (NVMe) Market, Sub Segment Analysis
8.4.1. Banking, Financial Services, and Insurance (BFSI)
8.4.2. Consumer Goods & Retail
8.4.3. Telecommunications & ITeS
8.4.4. Healthcare
8.4.5. Others
Chapter 9. Global Non-volatile Memory Express (NVMe) Market, Regional Analysis
9.1. Non-volatile Memory Express (NVMe) Market, Regional Market Snapshot
9.2. North America Non-volatile Memory Express (NVMe) Market
9.2.1. U.S. Non-volatile Memory Express (NVMe) Market Product breakdown estimates & forecasts, 2018-2028 Deployment Location breakdown estimates & forecasts, 2018-2028 End-use breakdown estimates & forecasts, 2018-2028
9.2.2. Canada Non-volatile Memory Express (NVMe) Market
9.3. Europe Non-volatile Memory Express (NVMe) Market Snapshot
9.3.1. U.K. Non-volatile Memory Express (NVMe) Market
9.3.2. Germany Non-volatile Memory Express (NVMe) Market
9.3.3. France Non-volatile Memory Express (NVMe) Market
9.3.4. Spain Non-volatile Memory Express (NVMe) Market
9.3.5. Italy Non-volatile Memory Express (NVMe) Market
9.3.6. Rest of Europe Non-volatile Memory Express (NVMe) Market
9.4. Asia-Pacific Non-volatile Memory Express (NVMe) Market Snapshot
9.4.1. China Non-volatile Memory Express (NVMe) Market
9.4.2. India Non-volatile Memory Express (NVMe) Market
9.4.3. Japan Non-volatile Memory Express (NVMe) Market
9.4.4. Australia Non-volatile Memory Express (NVMe) Market
9.4.5. South Korea Non-volatile Memory Express (NVMe) Market
9.4.6. Rest of Asia Pacific Non-volatile Memory Express (NVMe) Market
9.5. Latin America Non-volatile Memory Express (NVMe) Market Snapshot
9.5.1. Brazil Non-volatile Memory Express (NVMe) Market
9.5.2. Mexico Non-volatile Memory Express (NVMe) Market
9.6. Rest of The World Non-volatile Memory Express (NVMe) Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Samsung Electronics Co., Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Western Digital Corporation
10.2.3. Intel Corporation
10.2.4. Dell EMC
10.2.5. Hewlett Packard Enterprise
10.2.6. Micron Technology, Inc.
10.2.7. Cisco Systems, Inc.
10.2.8. Toshiba Corporation
10.2.9. International Business Machines Corporation
10.2.10. Marvell Technology Group
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now