Global Non-volatile Memory Express (NVMe) Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Segmented by Product;

Solid-state Drives (SSDs), Adapters, All-flash Arrays and Servers.

Segmented by Communication Standard;

Ethernet, Fibre Channel and InfiniBand.

Segmented by Deployment Location;

On-premise, Remote and Hybrid.

Segmented by Vertical;

Banking, Financial Services, and Insurance (BFSI), Consumer Goods & Retail, Telecommunications & ITeS, Healthcare, Energy, Government, Education & Research, Media & Entertainment and Manufacturing.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn450294322 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Non-volatile Memory Express (NVMe) Market (USD Million), 2020 - 2030

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2020 - 2030
2020 77.2
2021 91.3
2022 104.8
2023 121.3
2024 145.0
2025 145.3
2026 147.7
2027 171.6
2028 202.2
2029 221.3
2030 238.6

In the year 2023, the Global Non-volatile Memory Express (NVMe) Market was valued at USD 97,136.22 million. The size of this market is expected to increase to USD 596,507.94 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 29.6%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Communication Standard
    3. Market Snapshot, By Deployment Location
    4. Market Snapshot, By Vertical
    5. Market Snapshot, By Region
    6. Market Opportunity Map
  4. Global Non-volatile Memory Express (NVMe) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Adoption of NVMe Technologies in SSDS, Servers, and Storage Appliances
        2. Exponential Rise in Data Generation and Evolving Demand for Data Storage and Processing Infrastructure
        3. Significant Performance Advancements Offered By NVMe
      2. Restraints
        1. Performance Problems Associated With Storage Software
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Non-volatile Memory Express (NVMe) Market, By Product, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Solid-state Drives (SSDs)
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Adapters
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. All-flash Arrays
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Servers
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    2. Global Non-volatile Memory Express (NVMe) Market, By Communication Standard, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Ethernet
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Fibre Channel
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. InfiniBand
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    3. Global Non-volatile Memory Express (NVMe) Market, By Deployment Location, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. On-premise
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Remote
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Hybrid
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    4. Global Non-volatile Memory Express (NVMe) Market, By Vertical, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Banking, Financial Services, and Insurance (BFSI)
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Consumer Goods & Retail
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Telecommunications & ITeS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Healthcare
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. Energy
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        6. Government
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        7. Education & Research
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        8. Media & Entertainment
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        9. Manufacturing
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    5. Global Non-volatile Memory Express (NVMe) Market, By Geography, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Communication Standard, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Deployment Location, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. Intel
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Western Digital
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Samsung
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Dell EMC
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. Hewlett Packard Enterprise (HPE)
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      6. Broadcomadcom
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      7. Micron Technology
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      8. Cisco
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      9. Toshiba
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      10. Netapp
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

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