PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1878786
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1878786
Global Non-volatile Memory Express (NVMe) Market Size Study & Forecast, by Product (SSDs, Servers, All-flash Arrays, Adapters), Deployment Location (On-premise, Remote, Hybrid), and Regional Forecasts 2025-2035
The Global Non-volatile Memory Express (NVMe) Market is valued at approximately USD 126.21 billion in 2024 and is anticipated to accelerate at a remarkable CAGR of 29.70% throughout the forecast period 2025-2035. NVMe technology, engineered to unlock high-speed data pathways, has reshaped the way organizations handle storage, latency, and real-time analytics. Built upon a streamlined architecture that expedites command execution, NVMe solutions empower enterprises to move beyond traditional bottlenecks, driving substantial improvements in workload performance across computing infrastructure. With digital transformation sweeping across industries, NVMe has quickly transformed from a performance luxury to an operational necessity, powering everything from hyperscale cloud environments to edge computing ecosystems.
The surge in data generation-stemming from AI workloads, complex simulations, IoT proliferation, and enterprise cloud migration-has led companies worldwide to adopt NVMe with unprecedented urgency. This accelerating shift toward fast-access storage is fueled by the continuous expansion of e-commerce, automation in industrial processes, and the rising significance of latency-sensitive applications. Industry analyses highlight that enterprises are pushing to optimize throughput, reduce data retrieval inefficiencies, and modernize server architectures, all of which propel NVMe adoption. However, the high deployment costs and challenges associated with large-scale integration introduce friction points that may temper the market's full-speed expansion across certain developing regions during 2025-2035.
The detailed segments and sub-segments included in the report are:
By Product:
- SSDs
- Servers
- All-flash Arrays
- Adapters
By Deployment Location:
- On-premise
- Remote
- Hybrid
By Communication Standard:
- Ethernet
- Fibre Channel
- InfiniBand
By Vertical:
- (Various industry verticals)
By Region:
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Latin America
- Brazil
- Mexico
Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Solid-State Drives (SSDs) are expected to dominate the NVMe market landscape due to their pivotal role in transforming enterprise storage architectures. The SSD segment continues to gain substantial traction as organizations increasingly rely on NVMe SSDs to enhance database acceleration, virtual desktop infrastructure performance, and high-frequency transaction processing. Their ability to drastically reduce latency while scaling performance allows companies to overhaul legacy storage and achieve operational agility. Meanwhile, servers integrated with NVMe are projected to become a fast-emerging segment as enterprises prioritize data-intensive compute environments and real-time analytics.
When evaluating revenue contribution across product categories, all-flash arrays secure the largest share of the current market. Their deployment has significantly expanded in cloud data centers, financial institutions, and AI-driven industries that demand ultra-fast, predictable performance. All-flash arrays outperform traditional systems by unlocking exceptionally high IOPS, ensuring consistent throughput even under heavy workloads. While adapters and server-based integrations are accelerating in growth due to rising interest in composable infrastructure, all-flash arrays continue to anchor revenue streams, driven by continuous R&D enhancements in flash technologies and controller architectures.
Across regional landscapes, North America dominated the market in 2025, supported by its robust ecosystem of data centers, hyperscale cloud providers, and AI-focused enterprises. The region's rapid adoption of advanced analytics, 5G expansion, and large-scale digital infrastructure modernization drives strong demand for NVMe solutions. Meanwhile, Asia Pacific is positioned to be the fastest-growing region over the forecast period. Industrial digitalization across China, India, South Korea, and Southeast Asia has intensified the need for high-speed storage and enterprise-grade data handling. Europe maintains steady momentum, driven by stringent data governance requirements and the push for high-performance computing across automotive, research, and industrial automation sectors.
Major market players included in this report are:
- Intel Corporation
- Samsung Electronics Co., Ltd.
- Western Digital Corporation
- Toshiba Memory Corporation (Kioxia)
- Micron Technology, Inc.
- Seagate Technology
- Dell Technologies
- Hewlett Packard Enterprise
- IBM Corporation
- Cisco Systems, Inc.
- Fujitsu Limited
- NetApp, Inc.
- Broadcom Inc.
- Kingston Technology
- Lenovo Group Limited
Global Non-volatile Memory Express (NVMe) Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments and countries in recent years and to forecast values for the upcoming decade. The report is structured to incorporate both qualitative and quantitative insights across all major countries included in the research. It also highlights critical factors-drivers, constraints, and challenges-that may influence future market growth. Furthermore, the study identifies emerging micro-market opportunities for stakeholders to capitalize on, while offering a thorough evaluation of competitive positioning, strategic developments, and product offerings of key industry players. The detailed segments and sub-segments of the market are explained below:
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2025 to 2035.
- Annualized revenues and regional-level analysis for each market segment.
- Detailed assessment of the geographical landscape with country-wise breakdown across key regions.
- Competitive landscape with comprehensive insights on major players in the industry.
- Evaluation of core business strategies and recommendations for market advancement.
- Analysis of the competitive environment and market structure.
- Demand-side and supply-side evaluation of the global NVMe market.
Table of Contents
Chapter 1. Global Non-volatile Memory Express (NVMe) Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. key Findings
Chapter 3. Global Non-volatile Memory Express (NVMe) Market Forces Analysis
- 3.1. Market Forces Shaping The Global Non-volatile Memory Express (NVMe) Market (2024-2035)
- 3.2. Drivers
- 3.2.1. Surging digital transformation
- 3.2.2. surge in data generation
- 3.3. Restraints
- 3.3.1. high deployment costs
- 3.4. Opportunities
- 3.4.1. continuous expansion of e-commerce
Chapter 4. Global Non-volatile Memory Express (NVMe) Industry Analysis
- 4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Forecast Model (2024-2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024-2025)
- 4.7. Global Pricing Analysis And Trends 2025
- 4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Non-volatile Memory Express (NVMe) Market Size & Forecasts by Product 2025-2035
- 5.1. Market Overview
- 5.2. Global Non-volatile Memory Express (NVMe) Market Performance - Potential Analysis (2025)
- 5.3. SSDs
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
- 5.4. Servers
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
- 5.5. All-flash Arrays
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035
- 5.6. Adapters
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market size analysis, by region, 2025-2035
Chapter 6. Global Non-volatile Memory Express (NVMe) Market Size & Forecasts by Deployment Location 2025-2035
- 6.1. Market Overview
- 6.2. Global Non-volatile Memory Express (NVMe) Market Performance - Potential Analysis (2025)
- 6.3. On Premise
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
- 6.4. Remote
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
- 6.5. Hybrid
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035
Chapter 7. Global Non-volatile Memory Express (NVMe) Market Size & Forecasts by Communication standard 2025-2035
- 7.1. Market Overview
- 7.2. Global Non-volatile Memory Express (NVMe) Market Performance - Potential Analysis (2025)
- 7.3. Ethernet
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
- 7.4. Fibre Channel
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
- 7.5. InfiniBand
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035
Chapter 8. Global Non-volatile Memory Express (NVMe) Market Size & Forecasts by Vertical 2025-2035
- 8.1. Market Overview
- 8.2. Global Non-volatile Memory Express (NVMe) Market Performance - Potential Analysis (2025)
- 8.3. Sub Segment 1
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market size analysis, by region, 2025-2035
- 8.4. Sub Segment 2
- 8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.4.2. Market size analysis, by region, 2025-2035
Chapter 9. Global Non-volatile Memory Express (NVMe) Market Size & Forecasts by Region 2025-2035
- 9.1. Growth Non-volatile Memory Express (NVMe) Market, Regional Market Snapshot
- 9.2. Top Leading & Emerging Countries
- 9.3. North America Non-volatile Memory Express (NVMe) Market
- 9.3.1. U.S. Non-volatile Memory Express (NVMe) Market
- 9.3.1.1. Product breakdown size & forecasts, 2025-2035
- 9.3.1.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.3.1.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.3.1.4. Vertical breakdown size & forecasts, 2025-2035
- 9.3.2. Canada Non-volatile Memory Express (NVMe) Market
- 9.3.2.1. Product breakdown size & forecasts, 2025-2035
- 9.3.2.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.3.2.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.3.2.4. Vertical breakdown size & forecasts, 2025-2035
- 9.3.1. U.S. Non-volatile Memory Express (NVMe) Market
- 9.4. Europe Non-volatile Memory Express (NVMe) Market
- 9.4.1. UK Non-volatile Memory Express (NVMe) Market
- 9.4.1.1. Product breakdown size & forecasts, 2025-2035
- 9.4.1.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.4.1.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.4.1.4. Vertical breakdown size & forecasts, 2025-2035
- 9.4.2. Germany Non-volatile Memory Express (NVMe) Market
- 9.4.2.1. Product breakdown size & forecasts, 2025-2035
- 9.4.2.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.4.2.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.4.2.4. Vertical breakdown size & forecasts, 2025-2035
- 9.4.3. France Non-volatile Memory Express (NVMe) Market
- 9.4.3.1. Product breakdown size & forecasts, 2025-2035
- 9.4.3.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.4.3.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.4.3.4. Vertical breakdown size & forecasts, 2025-2035
- 9.4.4. Spain Non-volatile Memory Express (NVMe) Market
- 9.4.4.1. Product breakdown size & forecasts, 2025-2035
- 9.4.4.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.4.4.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.4.4.4. Vertical breakdown size & forecasts, 2025-2035
- 9.4.5. Italy Non-volatile Memory Express (NVMe) Market
- 9.4.5.1. Product breakdown size & forecasts, 2025-2035
- 9.4.5.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.4.5.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.4.5.4. Vertical breakdown size & forecasts, 2025-2035
- 9.4.6. Rest of Europe Non-volatile Memory Express (NVMe) Market
- 9.4.6.1. Product breakdown size & forecasts, 2025-2035
- 9.4.6.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.4.6.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.4.6.4. Vertical breakdown size & forecasts, 2025-2035
- 9.4.1. UK Non-volatile Memory Express (NVMe) Market
- 9.5. Asia Pacific Non-volatile Memory Express (NVMe) Market
- 9.5.1. China Non-volatile Memory Express (NVMe) Market
- 9.5.1.1. Product breakdown size & forecasts, 2025-2035
- 9.5.1.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.5.1.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.5.1.4. Vertical breakdown size & forecasts, 2025-2035
- 9.5.2. India Non-volatile Memory Express (NVMe) Market
- 9.5.2.1. Product breakdown size & forecasts, 2025-2035
- 9.5.2.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.5.2.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.5.2.4. Vertical breakdown size & forecasts, 2025-2035
- 9.5.3. Japan Non-volatile Memory Express (NVMe) Market
- 9.5.3.1. Product breakdown size & forecasts, 2025-2035
- 9.5.3.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.5.3.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.5.3.4. Vertical breakdown size & forecasts, 2025-2035
- 9.5.4. Australia Non-volatile Memory Express (NVMe) Market
- 9.5.4.1. Product breakdown size & forecasts, 2025-2035
- 9.5.4.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.5.4.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.5.4.4. Vertical breakdown size & forecasts, 2025-2035
- 9.5.5. South Korea Non-volatile Memory Express (NVMe) Market
- 9.5.5.1. Product breakdown size & forecasts, 2025-2035
- 9.5.5.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.5.5.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.5.5.4. Vertical breakdown size & forecasts, 2025-2035
- 9.5.6. Rest of APAC Non-volatile Memory Express (NVMe) Market
- 9.5.6.1. Product breakdown size & forecasts, 2025-2035
- 9.5.6.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.5.6.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.5.6.4. Vertical breakdown size & forecasts, 2025-2035
- 9.5.1. China Non-volatile Memory Express (NVMe) Market
- 9.6. Latin America Non-volatile Memory Express (NVMe) Market
- 9.6.1. Brazil Non-volatile Memory Express (NVMe) Market
- 9.6.1.1. Product breakdown size & forecasts, 2025-2035
- 9.6.1.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.6.1.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.6.1.4. Vertical breakdown size & forecasts, 2025-2035
- 9.6.2. Mexico Non-volatile Memory Express (NVMe) Market
- 9.6.2.1. Product breakdown size & forecasts, 2025-2035
- 9.6.2.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.6.2.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.6.2.4. Vertical breakdown size & forecasts, 2025-2035
- 9.6.1. Brazil Non-volatile Memory Express (NVMe) Market
- 9.7. Middle East and Africa Non-volatile Memory Express (NVMe) Market
- 9.7.1. UAE Non-volatile Memory Express (NVMe) Market
- 9.7.1.1. Product breakdown size & forecasts, 2025-2035
- 9.7.1.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.7.1.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.7.1.4. Vertical breakdown size & forecasts, 2025-2035
- 9.7.2. Saudi Arabia (KSA) Non-volatile Memory Express (NVMe) Market
- 9.7.2.1. Product breakdown size & forecasts, 2025-2035
- 9.7.2.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.7.2.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.7.2.4. Vertical breakdown size & forecasts, 2025-2035
- 9.7.3. South Africa Non-volatile Memory Express (NVMe) Market
- 9.7.3.1. Product breakdown size & forecasts, 2025-2035
- 9.7.3.2. Deployment Location breakdown size & forecasts, 2025-2035
- 9.7.3.3. Communication Standard breakdown size & forecasts, 2025-2035
- 9.7.3.4. Vertical breakdown size & forecasts, 2025-2035
- 9.7.1. UAE Non-volatile Memory Express (NVMe) Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Intel Corporation
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
- 10.3. Samsung Electronics Co., Ltd.
- 10.4. Western Digital Corporation
- 10.5. Toshiba Memory Corporation (Kioxia)
- 10.6. Micron Technology, Inc.
- 10.7. Seagate Technology
- 10.8. Dell Technologies
- 10.9. Hewlett Packard Enterprise
- 10.10. IBM Corporation
- 10.11. Cisco Systems, Inc.
- 10.12. Fujitsu Limited
- 10.13. NetApp, Inc.
- 10.14. Broadcom Inc.
- 10.15. Kingston Technology
- 10.16. Lenovo Group Limited
