Peripheral Component Interconnect (PCI) Express Market

By Device Type;

Graphics Cards (GPUs), Sound Cards, Network Interface Cards (NICs), and RAID Controller Cards

By Component;

Hardware, Software, and Services

By Application;

Storage, Data Center and Others

By End-User;

Telecommunication, Industrial, Residential, Datacenters, Automotive, Infrastructure, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn110091775 Published Date: June, 2025 Updated Date: July, 2025

PCI Express Market Overview

PCI Express Market (USD Million)

PCI Express Market was valued at USD 805,246.41 million in the year 2024. The size of this market is expected to increase to USD 1,202,819.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.


Peripheral Component Interconnect (PCI) Express Market

*Market size in USD million

CAGR 5.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.9 %
Market Size (2024)USD 805,246.41 Million
Market Size (2031)USD 1,202,819.65 Million
Market ConcentrationMedium
Report Pages308
805,246.41
2024
1,202,819.65
2031

Major Players

  • Akamai Technologies Inc
  • Intel Corp
  • Kingston Technology Company Inc
  • Microchip Technology Inc
  • NVIDIA Corp
  • PLDA
  • Samsung Electronics Co. Ltd
  • Texas Instruments Inc
  • Toshiba Corp
  • Xilinx Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Peripheral Component Interconnect (PCI) Express Market

Fragmented - Highly competitive market without dominant players


The PCI Express Market is progressing rapidly, fueled by growing demand for high-speed, low-latency interconnects in computing systems. With more than 62% of enterprises prioritizing high-efficiency data pathways, technological advancements are reshaping how devices communicate. This transformation is supporting the development of next-gen servers, storage arrays, and AI-driven processors, revealing considerable expansion and innovation prospects across industries.

Data Growth Creating Opportunities for Interface Innovation
Increasing reliance on data-heavy operations is presenting vast opportunities for PCI Express implementations. With 59% of systems requiring enhanced data handling capabilities, the role of PCIe interfaces has become crucial in machine learning, cloud operations, and real-time applications. This rise in demand is fostering continuous technological innovation and increasing PCIe’s relevance across emerging digital platforms.

Strategic Enhancements Driving Performance and Growth
To stay competitive, companies are adopting strategies that focus on improving PCIe compatibility and device integration. Around 61% are launching advanced solutions that align with evolving system requirements. These enhancements are not only improving hardware functionality but also encouraging market growth by meeting the rising demand for speed, efficiency, and flexibility. This progress is facilitating broad market expansion across interconnected industries.

Future Outlook Strengthened by Mergers and System Alignment
The future of the PCI Express Market is being shaped by merger activities and structured ecosystem developments, with over 57% of vendors engaging in these areas to reinforce their positioning. These collaborative efforts aim to shorten development cycles, improve product interoperability, and scale PCIe use across sectors. As a result, the market is poised for enduring growth, strategic transformation, and wide-scale adoption of advanced computing technologies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Device Type
    2. Market Snapshot, By Component
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. PCI Express Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for high-speed data transfer
        2. Growth in cloud computing and data centers
        3. Proliferation of IoT devices
      2. Restraints
        1. High implementation costs
        2. Compatibility issues with legacy systems
        3. Limited awareness and technical expertise
      3. Opportunities
        1. Expansion of 5G networks
        2. Growing demand in the automotive industry (e.g., autonomous vehicles)
        3. Increasing use of PCIe in gaming and VR applications
    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. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. PCI Express Market, By Device Type, 2021- 2031(USD Million)

      1. Graphics Cards (GPUs)

      2. Sound Cards

      3. Network Interface Cards (NICs)

      4. RAID Controller Cards

    2. PCI Express Market, By Component, 2021- 2031(USD Million)

      1. Hardware

      2. Software

      3. Services

    3. PCI Express Market, By Application, 2021- 2031(USD Million)
      1. Storage
      2. Data Center
      3. Others
    4. PCI Express Market, By End-User, 2021- 2031(USD Million

      1. Telecommunication

      2. Industrial

      3. Residential

      4. Datacenters

      5. Automotive

      6. Infrastructure

      7. Others

    5. PCI Express Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Akamai Technologies Inc
      2. Intel Corp
      3. Kingston Technology Company Inc
      4. Microchip Technology Inc
      5. NVIDIA Corp
      6. PLDA
      7. Samsung Electronics Co. Ltd
      8. Texas Instruments Inc
      9. Toshiba Corp
      10. Xilinx Inc
  7. Analyst Views
  8. Future Outlook of the Market