NVMe Market at $57 Billion by 2020 With 95% CAGR – G2M Research

G2M, Inc. announced the availability of the industry’s first NVMe Ecosystem Market Sizing Report that includes a 5-year forecast (2016-2020) for NVMe-related product segments, industry ecosystem mapping for each segment, and a market analysis report.

The new NVMe and NVMe over Fabrics (NVMe-oF) standards are driving improved performance for applications, servers, networking, software-defined storage and external storage arrays based on NVMe flash storage solutions.

“We expect the NVMe market to be more than $57 billion by 2020 with a 95% CAGR,” said Shaun Walsh, president and managing partner, G2M. “The new G2M research report on the NVMe market will provide IT professionals, vendors and investors with a better understanding of what factors will characterize product segment leaders and how NVMe technology is being deployed today and will be used in next generation IT infrastructure.”

NVMe will be used for more than just accelerating SSDs, it will become a major component of new models for compute, fabrics, analytics, application acceleration, systems management and more. There are more than 70 companies that have announced products for the NVMe market and G2M has grouped these product offerings into nine categories, including servers and storage appliances with NVMe bays, NVMe all-flash arrays, NVMe-oF adapters, three classes of NVMe storage devices, NVMe I/O blocks and NVMe accelerator adapters.

More than 70 companies are mentioned in the report, including major players Broadcom, Cavium, Dell, Dell EMC, IBM, Intel, Lenovo, Marvell, Mellanox, Micron, Microsemi, Oracle, Samsung, SK Hynix, and Toshiba; and emerging start-ups such as Envemio, Kalray, Kazan Networks, Mangstor, NVLX, and Teledyne-LeCroy.

Total NVMe market ecosystem $57 billion by 2020
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In addition the report predicts that:

• The NVMe market will be more than $57 billion by 2020
• More than 50% of enterprise servers will have NVMe bays by 2020
• 60% of enterprise storage appliances will have NVMe bays by 2020
• Nearly 40% of all-flash arrays will be NVMe-based by 2020
• Worldwide shipments of NVMe SSDs will grow to more than 25 million units by 2020
• Worldwide shipments of M.2 NVMe SSDs will grow to more than 5 million units by 2020
• NVMe-oF adapter shipments will climb to 740,000 units by 2020
• Ethernet adapters with RDMA capabilities will be more than 75% of the NVMe-oF market

“NVMe and NVMe over fabrics is on the radar of more than half of IT pros surveyed-just one indicator the market will reach its potential of $57 billion in just a few years“, said Frank Berry, founder and CEO, IT Brand Pulse. “The NVMe Alliancewww.nvmalliance.com  has partnered with the authors of the NVMe Market Report to accelerate the awareness in the IT community needed to make strategic decisions about next generation server, networking and storage technologies, and to facilitate development of NVMe solutions.”

An annual subscription to G2M Research costs $30,000 and includes the NVMe Market Forecast and Ecosystem updates every six months, ten hours of consulting time, discounts on whitepapers, webcasts, sales tools and speaking engagements, and discounts for reports in other industry segments from G2M Research.

The company also announced that Shaun Walsh, president and managing partner, G2M Research, will be presenting at the Storage Developer Conference in Santa Clara, CA. He will discuss NVMe – The Awakening of a New Titan … Deployment, Ecosystem and Market Size today.