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Global Non-volatile Memory Express (NVM) Market Growth 2025-2031


Nov 2025

Semiconductor and Electronics

Pages: 123

LPI37040

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The global Non-volatile Memory Express (NVM) market size is predicted to grow from US$ 27550 million in 2025 to US$ 68870 million in 2031; it is expected to grow at a CAGR of 16.5% from 2025 to 2031.

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The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.


NVM Express(NVMe), or non-volatile Memory host controller interface specification, is a logical device interface specification.It improves performance many times over;Can significantly reduce delay;The maximum queue depth can be increased from 32 to 64000, and the IOPS capability of SSD can be greatly improved.Automatic power state switching and dynamic power consumption management greatly reduce power consumption;Solve the driver applicability problem between different PCIe SSDS.


United States market for Non-volatile Memory Express (NVM) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.


China market for Non-volatile Memory Express (NVM) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.


Europe market for Non-volatile Memory Express (NVM) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.


Global key Non-volatile Memory Express (NVM) players cover Samsung, KIOXIA, Western Digital, Micron, SK Hynix, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.


Infinity Market Research newest research report, the Non-volatile Memory Express (NVM) Industry Forecast looks at past sales and reviews total world Non-volatile Memory Express (NVM) sales in 2024, providing a comprehensive analysis by region and market sector of projected Non-volatile Memory Express (NVM) sales for 2025 through 2031. With Non-volatile Memory Express (NVM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-volatile Memory Express (NVM) industry.


This Insight Report provides a comprehensive analysis of the global Non-volatile Memory Express (NVM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Non-volatile Memory Express (NVM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Non-volatile Memory Express (NVM) market.


This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-volatile Memory Express (NVM) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Non-volatile Memory Express (NVM).


This report presents a comprehensive overview, market shares, and growth opportunities of Non-volatile Memory Express (NVM) market by product type, application, key manufacturers and key regions and countries.


Segmentation by Type:


    NAND Flash
    NOR Flash
    Embedded NVM
    Others


Segmentation by Application:


    Memory Card/UFD
    SSD
    Consumer Electronics
    PC & Server
    Others


This report also splits the market by region:


    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries


The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.


    Samsung
    KIOXIA
    Western Digital
    Micron
    SK Hynix
    YMTC
    Macronix
    Winbond
    GigaDevice
    Cypress
    TSMC
    GlobalFoundries
    UMC
    SMIC
    HHGrace


Key Questions Addressed in this Report


What is the 10-year outlook for the global Non-volatile Memory Express (NVM) market?
What factors are driving Non-volatile Memory Express (NVM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Non-volatile Memory Express (NVM) market opportunities vary by end market size?
How does Non-volatile Memory Express (NVM) break out by Type, by Application?

Non-volatile Memory Express NVM Market Scope

Report AttributeDetails
Market Size (Start Year)USD XX Million
Market Size (End Year)USD XX Million
Compound Annual Growth Rate (CAGR)USD XX Million
Forecast PeriodUSD XX Million
Base YearUSD XX Million
Historical DataUSD XX Million
Key PlayersUSD XX Million

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REPORT COVERAGE

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

SEGMENT COVERED

By component, deployment, organization size, application, and industry.

REGIONAL SCOPE

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

COUNTRY SCOPE

Includes key countries across all major regions.


📘 Frequently Asked Questions

1. What is the market size of Global Non-volatile Memory Express NVM Market?

Answer: The global Non-volatile Memory Express (NVM) market size is predicted to grow from US$ 27550 million in 2025 to US$ 68870 million in 2031; it is expected to grow at a CAGR of 16.5% from 2025 to 2031.

2. Which regions are analyzed in the Global Non-volatile Memory Express NVM Market report?

Answer: The Global Non-volatile Memory Express NVM Market report covers major regions such as Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.

3. What methodology is used for forecasting of Global Non-volatile Memory Express NVM Market?

Answer: The Global Non-volatile Memory Express NVM Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.

4. Are emerging markets analyzed separately in the Global Non-volatile Memory Express NVM Market?

Answer: Yes, the Global Non-volatile Memory Express NVM Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.

5. Does the report include competitive benchmarking of Global Non-volatile Memory Express NVM Market?

Answer: Yes, Global Non-volatile Memory Express NVM Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.

6. Can I access country-level data within the Global Non-volatile Memory Express NVM Market report?

Answer: Yes, Global Non-volatile Memory Express NVM Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.

7. Can I get customized insights or data from the Global Non-volatile Memory Express NVM Market report?

Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.

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