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USD 21.7 Bn growth expected in PCI Express Market | Astera Labs Inc., Intel Corp., and Kingston Technology Co. Inc. identified as key players | TechnavioNEW YORK, Nov. 18, 2021 /PRNewswire/ -- The PCI express market size is expected to grow by USD 21.70 bn from 2021 to 2025. Technavio's latest market research report estimates that the PCI express market will progress at a CAGR of over 22% during the forecast period. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Purchase our full report on the PCI express market to growth opportunities and redefine your business strategies. Factors such as the integration of PCIe with IEEE 1394 (FireWire) and the increasing number of investments toward the construction of data centers will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The PCI express market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The report covers the following areas: PCI Express Market 2021-2025: Segmentation
The storage segment generated maximum revenue in the market in 2020. The segment is driven by the growth of cloud computing globally. In terms of geography, North America is expected to dominate the market during the forecast period. The region currently holds 40% of the global market share. The US and Canada are the key markets for PCI express in North America. Get highlights on the top revenue-generating segments, regions, and key countries by Downloading Our Free Sample Report PCI Express Market 2021-2025: Vendor Analysis and Scope Some of the major vendors of the PCI express market include Astera Labs Inc., Intel Corp., Kingston Technology Co. Inc., Microchip Technology Inc., NVIDIA Corp., Rambus Inc., Samsung Electronics Co. Ltd., Texas Instruments Inc., Toshiba Corp., and Xilinx Inc. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. The need to comply with compliance and regulatory standards is likely to emerge as one of the primary drivers of the market. However, factors such as failure to manage inventory during changing customer demand may threaten the growth of the market. Get lifetime access to our Technavio Insights. Subscribe now to our most popular "Lite Plan" billed annually at USD 3000. View 3 reports monthly and Download 3 Reports Annually! PCI Express Market 2021-2025: Key Highlights
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