The research and analysis conducted in Non-Volatile Memory Express Report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Non-Volatile Memory Express industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Non-Volatile Memory Express Market report is provided that covers many work areas.

Market expectations for likely development openings have been mentioned clearly in this world class Non-Volatile Memory Express Market research report. Competition analysis has been taken into account while preparing this report. A market analysis has turned into a vital piece of every business to settle on smart choices in the organizations which have been viably carried by experienced analysts. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. Businesses can bring about an absolute knowhow of general market conditions and tendencies with the information and data covered in this Non-Volatile Memory Express Market report.

Global non-volatile memory express market is expected to rise to an estimated value of USD 124.05 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the explosion of the data generation speed, amid shift of various industrial operations towards digitalization.

Market Definition: Global Non-volatile Memory Express Market

Non-volatile memory express (NVMe) is interface specifications designed for access of non-volatile storage media connected with the help of peripheral component interconnect express (PCIe). This protocol is designed to enhance the speed of transfer between the enterprise and client. This specification exhibits high levels of feature collection all designed to promote the performance features and operations

Market Drivers:

Rapid growth in demand for SSD amongst various consumers is expected to boost the growth of this market
Integration of this technology promotes the operational performance and low latency rate in various applications can also drive the market growth
Significant transformations in the various technologies available in the industries; this factor is expected to promote the growth of this market

Market Restraints:

High levels of financial costs associated with the technology and its integration; this factor is expected to hinder the market growth
Overall high costs associated with the SSD’s is expected to shift the preference of consumers towards HDD’s; this factor is expected to hinder the growth of the market

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Segmentation: Global Non-volatile Memory Express Market

By Component

Hardware
Solid State Drives (SSDs)
Add In Card (AIC)
QAT
Storage Server
Non-volatile Memory Express Over Fabrics (NVMeoF) Cards
Peripheral Component Interconnect Express (PCIe) Connections
Others
Software
Services

By Communication Standard

Ethernet
Fiber Channel
Infiniband Network

By Deployment Location

On-Premise
Public Cloud
Private Cloud
Co-Lo Data Centers

By Application

On-Line Transaction Processing (OLTP)
On-Line Analytical Processing (OLAP)
Cloud Services
Caching
Primary Storage
Data Virtualization
Others

By End-User

Hyperscale
Facebook
Amazon
Microsoft
Google
Tencent
Alibaba
Baidu
Cloud Service Providers
Enterprises/Traditional On-Premises Data Centers

By Industry Vertical

IT & Telecommunications
BFSI
E-Commerce
Others

By Geography

North America
S.
Canada
Mexico
Europe
Germany
Italy
K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Egypt
Israel
Rest of Middle East and Africa

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Key Developments in the Market:

In August 2019, Western Digital Corporation announced the launch of “96-layer 3D flash NVMe SSD” range of products with the introduction of “Ultrastar DC SN640” and “Ultrastar DC SN340”. Both of these products have been designed for mixed-usage of workloads and read-focused uses. These drives have been designed to meet the growing demands for workloads in data centers
In March 2019, Toshiba Memory Corporation’s U.S.-based subsidiary announced the launch of “XD5 Series NVMe SSD” platform designed in a 2.5 inch 7mm low-profile form factor optimizing the low latency and performances of the drives in read-intensive workload applications. The platform is compatible and highly effective in data centers and cloud environments, and is also effective in open compute project applications

Competitive Analysis

Global non-volatile memory express market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of non-volatile memory express market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global non-volatile memory express market are Broadcom; Cisco; Dell Inc.; IBM Corporation; Lenovo; Intel Corporation; Marvell; Micron Technology, Inc.; Microsemi; Pure Storage, Inc.; NetApp; Oracle; SAMSUNG; Toshiba Memory Corporation; Western Digital Corporation; Excelero, Kingston Technology Europe Co LLP among others.

The Non-Volatile Memory Express market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Non-Volatile Memory Express market.

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Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Non-Volatile Memory Express market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Non-Volatile Memory Express market. These factors have benefited the growth of the global market for Non-Volatile Memory Express. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

Reasons to Purchase this Report:

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value USD Million and volume Units Million data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)

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Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

Market outline

PART 05: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 06: MARKET SIZING

Market definition
Market sizing 2021
Market size and forecast

PART 07: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 08: MARKET SEGMENTATION BY PRODUCT

Global Non-Volatile Memory Express market by product
Comparison by product
Market opportunity by product

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

Global Non-Volatile Memory Express market by distribution channel
Comparison by distribution channel
Global Non-Volatile Memory Express market by offline distribution channel
Global Non-Volatile Memory Express market by online distribution channel
Market opportunity by distribution channel

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

Global Non-Volatile Memory Express market by end-user
Comparison by end-user

PART 12: REGIONAL LANDSCAPE

Global licensed Non-Volatile Memory Express market by geography
Regional comparison
Licensed Non-Volatile Memory Express market in Americas
Licensed Non-Volatile Memory Express market in EMEA
Licensed Non-Volatile Memory Express market in APAC
Market opportunity

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 15: MARKET TRENDS

PART 16: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 17: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors

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