The global market for PCIe-based NVME SSD is estimated at US$ million in 2022 and is projected to reach US$ million in 2028. The report highlights the key changes in production, demand, and consumption. The study also outlines the competitive scenario of this industry. In order to provide a comprehensive market analysis, it analyzes key factors to understand how these changes will affect the overall market growth. The report focuses on the key players that contribute to the growth of the market.
M.2 SSDs come in two flavors, double-sided and single-sided. Single-sided SSDs are typically used in ultra-thin laptops while double-sided devices are larger and take up more space. Both types of modules have notches on one end that act as connectors. The edges of the M.2 modules feature an edge connector with 75 positions and 67 pins rated at 50 volts each.
M.2 SSDs are the most common type of NVMe SSD. They fit into a computer's motherboard, making them ideal for small-scale computing. The most common form factor for M.2 SSDs is 22 mm wide by 80 mm long (2280). M.2 drives are also smaller than comparable SSDs. Nevertheless, the M.2 form factor is not the right choice for large-scale enterprise data centers. Samsung manufactures high-performance M.2 drives with an M.2 interface specification.
Unlike traditional hard disk drives, an NVMe SSD has a higher IOPS. NVMe drives offer faster boot-up times. A modern laptop with an NVMe drive will have an advantage over a traditional hard disk. The performance of NVMe SSDs is dramatically increased, and gamers will enjoy a much smoother gaming experience. They are also less susceptible to errors. There are various benefits of NVMe SSDs, so it is imperative to choose the right one for your needs.
In the industrial world, NVMe SSDs are being used in rugged edge PCs. They offer high-speed data transfer rates in industrial environments. Because of their high-speed performance, NVMe SSDs can run complex applications without any noticeable lag. For example, manufacturers of industrial PCs often incorporate M.2 NVMe SSDs. Industrial edge computing requires high-speed data transfer rates and real-time analytics.
An advantage of NVMe technology is its energy efficiency. Manufacturers have demonstrated that one watt of power is needed to read 276 MB/s. In comparison, a PCIe Gen 3 SSD consumed just one watt of power to read 134 MB/s. With PCIe 4.0, manufacturers are now making SSDs with this same energy efficiency. These benefits will help consumers reduce the cost of ownership and make them more sustainable, making them an excellent choice for business-grade SSDs.
HDD manufacturers need hundreds of millions of dollars to manufacture these SSDs. They also need clean rooms, robotics, and tons of employees. Once there were hundreds of manufacturers, today only three are in business. This is because manufacturing HDDs is too expensive and there is no guaranteed market. Furthermore, all of the patents for these devices are in the hands of the current manufacturers. This is a risky business to get into if you want to succeed.
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