Lucintel Forecasts The Global Non-volatile Memory Express Market To Reach $307 Billion By 2030

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According to a market report by Lucintel, the future of the global non-volatile memory express market looks promising with opportunities in the banking, financial services and insurance, consumer goods and retail, telecommunications & information technology enabled service, healthcare, energy, government, education & research, media & entertainment, manufacturing, and business & consulting markets. The global non-volatile memory express market is expected to reach an estimated $307 billion by 2030 from $60 billion in 2024 at a CAGR of 31.2% from 2024 to 2030. The major drivers for this market are increasing digitalization across various applications, growing adoption of SSDs, and rising demand for high quality and high speed telecommunictaion networks across the globe.
A more than 150-page report to understand trends, opportunity and forecast in global non-volatile memory express market to 2030 by product (solid-state drives (SSDs), adapters, all-flash arrays, servers, and others), communication standard (ethernet, fibre channel, and infiniBand), deployment type (on-premises, remote, and hybrid) end use ...
... industry (banking, financial services and insurance, consumer goods and retail, telecommunications & information technology enabled services, healthcare, energy, government, education & research, media & entertainment, manufacturing, business & consulting, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that solid-state drives (SSDs) will remain the largest segment because it ensures improved input/output operations per second, decreased latency, and consumes less power.
Within this market, telecommunications & ITEs is expected to witness highest growth over the forecast period due to growing number of users, rising adoption of data analytics, and increasing sharing over mobile devices.
Download sample by clicking on non-volatile memory express market.
Asia-Pacific is expected to remain the largest region over the forecast period due to increasing production of computing devices, rising adoption of technologically advanced products, and rising number of small and medium-sized enterprises in the region.
IBM, Microchip Technology, Marvell, Seagate Technology, SK Hynix, Samsung Electronics, Toshiba, Broadcom, Intel are the major suppliers in the non-volatile memory express market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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