Rise in Data Storage Market to Boost the Growth of Peripheral Component Interconnect Express Market
The peripheral component interconnect express market worldwide is expected to grow with a CAGR of 18.4% during the forecast period from 2019 to 2027. Growing data storage market worldwide is the major growth driver for peripheral interconnect express market. Peripheral component interconnect express is considered as the standard device for connection establishment among various devices internally. Increased bandwidth and more speed are some of the major benefits of these devices, which are driving the growth for the market. As a result of these factors, we expect that peripheral component interconnect expresses market to show remarkable growth throughout the forecast period.
Market Synopsis
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Storage Segment to Continue Leading the Market
The peripheral component interconnect express market by application is led by storage segment. The segment has the largest market share and have more than 40% of the revenue in 2018. Growing demand to cater large amount of data generated, the segment has the largest share. Due to high performance of peripheral component interconnect express devices for storage is the foremost growth factor for the segment. Worldwide growth of data centers is also one of the prominent factor for growth of the segment. Due to all these aforementioned factors, we expect that North America region will continue its dominance position in the peripheral component express market throughout the estimate period.
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North America to Continue Leading the Market
In 2018, the peripheral component interconnect express market is led by North America. North America accounts for over 40% of the revenue in the same year. North America has its dominance due to growing construction of data centers in the region. High adoption rate of new technology is the other major growth driver for the region. Increased investment for accommodation of large volume of data generation is also one of the growth factors of North America region. As a consequence, we are expecting the North America region to continue leading the market during the forecast period.
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Some of the prominent players operating in the peripheral component interconnect express market Intel Corporation, Nvidia Corporation, Toshiba Corporation, PLDA SAS, Samsung Group, Texas Instruments Incorporated, Microsemi Corporation, NXP Semiconductors, Semtech Corporation, Integrated DNA Technologies, Inc., among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The peripheral component interconnect express market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global peripheral component interconnect express market based on product type, application and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2017-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Million |
| Segmentation |
Product Type Segment (2017–2027; US$ Mn)
• PCI Express 1
• PCI Express 2
• PCI Express 3
• PCI Express 4
|
|
Application Segment (2017–2027; US$ Mn)
• Storage
• Data Centre
• Others (External GPUs, High Performance Peripherals, etc.)
|
|
Geography Segment (2017–2027; US$ Mn)
• North America (U.S. and Rest of North America)
• Europe (U.K., Germany, France, and Rest of Europe)
• Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
• Rest of World (Middle East & Africa (MEA), Latin America)
|
Key questions answered in this report
- What was the market size of peripheral component interconnect express in 2018 and forecast up to 2027?
- Which is the largest regional market for peripheral component interconnect express?
- What are the major trends followed in overall peripheral component interconnect express across different regions?
- Who are the key peripheral component interconnect express companies leading the market?
- What are the key strategies adopted by the leading peripheral component interconnect express companies in market?
Unique data points of this report
- Recent trends across different regions in terms of adoption of peripheral component interconnect express across various applications
- Notable developments going on in peripheral component interconnect express market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
