NVMe over Fiber Channel (NVMe/FC) is a high-speed, low-latency storage protocol that uses the NVMe storage protocol over Fibre Channel (FC) networks. NVMe/FC was designed to address the needs of enterprise and cloud applications that require the highest levels of storage performance.
NVMe/FC offers several advantages over traditional storage protocols, such as Fibre Channel (FC) and iSCSI. NVMe/FC provides significantly lower latency and higher throughput than FC and iSCSI. In addition, NVMe/FC offers improved scalability, reliability, and manageability.
The NVMe/FC standard was developed by the Storage Networking Industry Association (SNIA) and was ratified by the International Committee for Information Technology Standards (INCITS) in December 2016.
Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Key Trends
The key trends in NVMe Over Fiber Channel technology are the increasing speeds of data transfer and the decreasing latency.
The NVMe Over Fiber Channel technology is able to provide these benefits by using the PCIe bus to connect the NVMe SSDs to the host system.
This technology is also able to provide a high degree of compatibility with the existing Fiber Channel infrastructure.
Key Drivers
The key drivers of NVMe over the Fibre Channel market are:
1) Increased data center efficiency: NVMe over Fibre Channel can significantly improve data center efficiency by reducing latency and increasing I/O operations per second.
2) Improved application performance: NVMe over Fibre Channel can improve application performance by providing low latency and high I/O operations per second.
3) Reduced cost: NVMe over Fibre Channel can reduce the cost of data center infrastructure by eliminating the need for expensive proprietary storage solutions.
Restraints & Challenges
The key restraints and challenges in the NVMe Over Fiber Channel market are the lack of awareness about the technology and the high cost associated with it.
There is a lack of awareness about the technology among the users and the manufacturers. This is because the technology is new and there is not much information available about it.
The high cost associated with the technology is another challenge in the market as the products are expensive and the users need to invest a lot of money in them.
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Market Segments
The NVMe over fiber channel market is segmented by type, enterprise size, end-user, and region. By type, the market is classified into all-flash storage arrays, switch adapters, and others. Based on enterprise size, it is bifurcated into SMEs, and large enterprises. On the basis of the end-user, it is divided into data center vendors, networking vendors, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global NVMe over fiber channel market includes players such as Intel Corporation, Samsung Electronics Co Ltd., Western Digital Corporation, Dell EMC, Hewlett Packard Enterprise, IBM, Cisco Systems Inc., Microchip Technology Inc., Broadcom Inc., Marvell Technology Group, and others.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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