The Non-Volatile Memory Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Non-Volatile Memory Market:
https://www.thebusinessresearchcompany.com/report/non-volatile-memory-global-market-report
According to The Business Research Company’s Non-Volatile Memory Global Market Report 2024, The non-volatile memory express (nvme) market size has grown exponentially in recent years. It will grow from $67.11 billion in 2023 to $89.2 billion in 2024 at a compound annual growth rate (CAGR) of 32.9%. The growth in the historic period can be attributed to data center adoption, rise in data volumes, rise in focus on energy-efficieny, rise in healthcare and life sciences sectors, emerging market growth.
The non-volatile memory express (nvme) market size is expected to see exponential growth in the next few years. It will grow to $260.43 billion in 2028 at a compound annual growth rate (CAGR) of 30.7%. The growth in the forecast period can be attributed to expanding it infrastructure, rising digitalization , growing gaming sector, rise in disposable income. Major trends in the forecast period include edge computing integration, emergence of nvme over fabrics (nvme-of), ai and machine learning acceleration, security enhancements, customization and integration.
The increased adoption of cloud-hosting services is expected to drive the non-volatile memory express (NVMe) market. Cloud hosting allows applications and websites to access cloud resources. Unlike traditional hosting, solutions are not deployed on a single server. The increased adoption of cloud-hosting services is expected to boost demand for NVMe, as they play crucial role in increasing the performance and intereoperability if various enterprise-level services. According to Gartner Inc., a US-based consulting firm, cloud services are predicted to replace conventional solutions, with more than 45% of IT spending on system infrastructure, infrastructure software, application software, and business process outsourcing by 2024. Therefore, increasing the adoption of cloud-hosting services is expected to boost demand for non-volatile memory express (NVMe) during the forecast period.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=5146&type=smp
The non-volatile memory market covered in this report is segmented –
1) By Type: Flash Memory, EPROM, FRAM, 3D-X Point, NRAM, Other Types
2) By Wafer Size: 200mm, 300mm, 450mm
3) By End User: Consumer Electronics, Enterprise Storage, Automotive and Transportation, Military and Aerospace, Industrial, Telecommunication, Energy and Power, Healthcare, Agricultural, Retail
Technological developments are a key trend gaining popularity in the non-volatile memory express (NVMe) market. Major companies operating in non-volatile memory express (NVMe) are developing new products or technologies to strengthen their position in the market. For instance, in October 2022, Kingston Digital, a US-based computer technology corporation that develops, manufactures, sells, and supports flash memory products and other computer-related memory products, launched the NV2 PCIe 4.0 NVMe SSD, a next-generation storage solution powered by a Gen 4×4 NVMe controller. The NV2 PCIe 4.0 NVMe SSD is designed for users looking for power-packed Gen 4×4 NVMe PCIe performance in a compact form factor, ideal for thinner notebooks, small form factor (SFF) systems, and DIY motherboards.
The non-volatile memory market report table of contents includes:
1. Executive Summary
2. Non-Volatile Memory Express (NVMe) Market Characteristics
3. Non-Volatile Memory Express (NVMe) Market Trends And Strategies
4. Non-Volatile Memory Express (NVMe) Market – Macro Economic Scenario
5. Global Non-Volatile Memory Express (NVMe) Market Size and Growth
………………….
31. Global Non-Volatile Memory Express (NVMe) Market Competitive Benchmarking
32. Global Non-Volatile Memory Express (NVMe) Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Non-Volatile Memory Express (NVMe) Market
34. Non-Volatile Memory Express (NVMe) Market Future Outlook and Potential Analysis
35. AppendixRead
Related Reports:
https://goodprnews.com/liquid-nitrogen-global-market-share/
https://topprnews.com/liquid-nitrogen-global-market-size/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The interactive voice response global market report 2024 from The Business Research Company provides comprehensive…
The healthcare data annotation tools global market report 2024 from The Business Research Company provides…
The digital food management global market report 2024 from The Business Research Company provides comprehensive…
The cardiac ai monitoring and diagnostics global market report 2024 from The Business Research Company…
The small hydropower market size is expected to see steady growth in the next few…
The obstetrics and gynecology (ob-gyn) electronic health record (ehr) market size is expected to see…