LAGUNA NIGUEL, Calif., Sept. 20, 2016 /PRNewswire/ -- Today, G2M®, Inc. announced the availability of the industry's first NVM Express® (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 comprehensive market analysis report. The new NVMe and NVM Express® 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 percent compounded annual growth rate," said Shaun Walsh, president and managing partner, G2M Inc. "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 solid state drives (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 Research has grouped these product offerings into nine categories, including servers and storage appliances with NVMe bays, NVMe all-flash arrays (AFAs), 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 G2M NVMe Ecosystem Market Sizing Report, including major players Broadcom (AVGO), Cavium (CAVM), Dell (DVMT), Dell EMC (DVMT), IBM (IBM), Intel (INTC), Lenovo (LNVGY), Marvell (MRVL), Mellanox (MLNX), Micron (MU), Microsemi (MSCC), Oracle (ORCL), Samsung (KS005930), SK Hynix (KS000660), and Toshiba (TOSBF); and emerging startups such as Envemio, Kalray, Kazan Networks, Mangstor, NVLX, and Teledyne-LeCroy.
In addition to the overall NVMe market growth mentioned above, the G2M Research NVMe Ecosystem Market Sizing Report predicts that:
- The NVMe market will be more than $57 billion by 2020
- More than 50 percent of enterprise servers will have NVMe bays by 2020
- 60 percent of enterprise storage appliances will have NVMe bays by 2020
- Nearly 40 percent of AFAs 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 percent 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 Alliance 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."
To better understand the NVMe market, initial NVMe use cases and industry adoption, G2M Research is conducting a survey of IT professionals and NVMe vendors about their plans for deploying and developing NVMe-related technologies. We invite both to participate in this market survey, the first 500 participants will receive a $10 Amazon gift card as well as a copy of the survey results.
To subscribe to G2M Research, or to purchase the report, which is available today, please contact Mike Heumann at (858) 610-9708 or [email protected]. Subscribers will receive the NVMe Market Forecast and Ecosystem updates every six months, private consulting time, and discounts for whitepapers, webcasts, sales tools, speaking engagements and other industry segment reports from G2M Research.
The company also announced today that Shaun Walsh, president and managing partner of G2M Research will be presenting at the Storage Developer Conference in Santa Clara, California this week. Mr. Walsh will discuss NVMe – The Awakening of a New Titan… Deployment, Ecosystem and Market Size on Tuesday, Sept. 20 at 4:05 p.m. PT.
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G2M, Inc. is a highly specialized industry research and marketing firm that enables technology companies to systematically develop relevant products and marketing content, drive revenue growth, and optimize media and analyst communications. The G2M team consists of experienced technology professionals with more than 120 cumulative years in running development programs, product management, product launches, sales programs and communications exclusively at or for technology companies. G2M Research provides targeted industry reviews and reports that provide market sizing, ecosystem mapping and market analysis, delivering a comprehensive view of a given technology. G2M Communications helps you build market valuation and brand preference through competitive analysis, thought leadership strategies, technical and sales enablement content development, corporate communications programs, targeted multi-channel campaigns and creative direction and execution. G2M, Inc. believes that marketing and communications are a science, not black magic and voodoo. For more information, visit www.g2minc.com.
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