Product Code: MCP-7841
Global PCIe SSD Market to Reach US$97.8 Billion by 2030
The global market for PCIe SSD estimated at US$18.5 Billion in the year 2024, is expected to reach US$97.8 Billion by 2030, growing at a CAGR of 32.0% over the analysis period 2024-2030.
The U.S. Market is Estimated at US$5.3 Billion While China is Forecast to Grow at 29.7% CAGR
The PCIe SSD market in the U.S. is estimated at US$5.3 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$13.8 Billion by the year 2030 trailing a CAGR of 29.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 28.2% and 26.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 25.0% CAGR.
Global PCIe SSD Market - Key Trends and Drivers Summarized
Peripheral Component Interconnect Express Solid State Drives (PCIe SSDs), especially those utilizing Non-Volatile Memory Express (NVMe) technology, have emerged as superior solutions in the data storage sector. Distinguished from traditional SATA SSDs, PCIe SSDs connect via the PCIe bus interface on a computer's motherboard, providing faster data transfer rates and reduced latency due to the high bandwidth of the PCIe interface. The NVMe protocol further refines these drives by optimizing data handling, decreasing latency, and allowing for efficient parallel processing, thus enhancing overall system performance significantly. These advancements make PCIe SSDs particularly suitable for tech enthusiasts and professionals who demand rapid transfer speeds and robust reliability for various applications.
PCIe SSDs offer remarkable data transfer speeds, processing data at several gigabytes per second, which dramatically reduces data access times and thereby enhances system performance across diverse applications. NVMe technology supports this by facilitating more efficient data transfers, making these SSDs ideal for tasks that require rapid data retrieval, such as intensive computing tasks and professional applications demanding high responsiveness. Additionally, PCIe SSDs are versatile in form factor, available primarily in M.2 and add-in card configurations, allowing seamless integration into different types of devices including laptops, desktops, and workstations. They are also designed for energy efficiency, consuming less power than traditional hard disk drives (HDDs) and older SSD technologies, which is particularly beneficial for battery-powered devices where extended battery life is crucial.
However, PCIe SSDs do come with certain drawbacks, such as a higher cost per gigabyte compared to HDDs and SATA SSDs due to their advanced technology and performance capabilities. Compatibility issues may also arise, particularly with older systems that may require upgrades to support the latest PCIe versions. Additionally, PCIe SSDs tend to generate more heat than other SSD types, potentially necessitating additional cooling solutions in compact system setups. Despite these challenges, the use of PCIe SSDs has extended beyond traditional computing environments into sectors like automotive, where they play a critical role in supporting advanced functionalities such as smarter cockpits and autonomous driving. The automotive industry's shift towards more centralized domain architectures, where PCIe SSDs facilitate high-speed, reliable storage solutions, underscores the growing importance of advanced data storage solutions in supporting next-generation technologies and applications.
SCOPE OF STUDY:
The report analyzes the PCIe SSD market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Segment (PCIe SSD)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Select Competitors (Total 36 Featured) -
- ADATA Technology Co., Ltd.
- Apacer Technology, Inc.
- Beijing Memblaze Technology Co., Ltd.
- IBM Corporation
- Intel Corporation
- Kingston Technology Europe Co LLP
- Micron Technology, Inc.
- Nimbus Data Systems, Inc.
- Samsung Electronics America, Inc.
- Seagate Technology LLC
- SK Hynix, Inc.
- Western Digital Corporation
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- PCIe SSD - Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
- Global Economic Update
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Cloud Computing Boom Propels Growth of PCIe SSDs
- Expansion of Data Centers Throws the Spotlight on Advanced Storage Technologies
- Increased Adoption of AI and Machine Learning Expands Addressable Market Opportunity for PCIe SSDs
- Growing Need for Faster Data Processing and Low Latency Generates Demand for PCIe SSDs
- Evolution of IoT Ecosystem Strengthens Business Case for High-Speed Storage Solutions
- Rising Popularity of Edge Computing Spurs Adoption of PCIe SSDs
- Growing Volume of Big Data Accelerates Demand for High-Capacity SSDs
- Increasing Cybersecurity Threats Generate Demand for Secure Storage Solutions
- The Rise of 5G Networks Expands Addressable Market Opportunity for PCIe SSDs
- Digital Transformation Initiatives in Enterprises Drive Adoption of PCIe SSDs
- Adoption of Autonomous Vehicles Throws the Spotlight on Reliable and Fast Data Storage
- Increased Investment in Smart Cities Spurs Growth of PCIe SSD Market
- Consumer Preference for Portable and Lightweight Devices Drives Adoption of PCIe SSDs
- Increasing Use of PCIe SSDs in High-Performance Computing (HPC) Environments Spurs Market Growth
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Recent Past, Current & Future Analysis for PCIe SSD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
- TABLE 2: World Historic Review for PCIe SSD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- TABLE 3: World 15-Year Perspective for PCIe SSD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2025 & 2030
- TABLE 4: World PCIe SSD Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
III. MARKET ANALYSIS
- UNITED STATES
- PCIe SSD Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
- TABLE 5: USA Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 6: USA Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- CANADA
- TABLE 7: Canada Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 8: Canada Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- JAPAN
- PCIe SSD Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
- TABLE 9: Japan Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 10: Japan Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- CHINA
- PCIe SSD Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
- TABLE 11: China Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 12: China Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- EUROPE
- PCIe SSD Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
- TABLE 13: Europe Recent Past, Current & Future Analysis for PCIe SSD by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
- TABLE 14: Europe Historic Review for PCIe SSD by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- TABLE 15: Europe 15-Year Perspective for PCIe SSD by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2015, 2025 & 2030
- FRANCE
- PCIe SSD Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
- TABLE 16: France Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 17: France Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- GERMANY
- PCIe SSD Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
- TABLE 18: Germany Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 19: Germany Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- ITALY
- TABLE 20: Italy Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 21: Italy Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- UNITED KINGDOM
- PCIe SSD Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
- TABLE 22: UK Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 23: UK Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- REST OF EUROPE
- TABLE 24: Rest of Europe Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 25: Rest of Europe Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- ASIA-PACIFIC
- PCIe SSD Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
- TABLE 26: Asia-Pacific Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 27: Asia-Pacific Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
- REST OF WORLD
- TABLE 28: Rest of World Recent Past, Current & Future Analysis for PCIe SSD by Segment - PCIe SSD - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
- TABLE 29: Rest of World Historic Review for PCIe SSD by Segment - PCIe SSD Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
IV. COMPETITION