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Global PCI Express Controllers Market Size to grow by US$ 18.8 Bn in 2030

The global PCI express controllers market was valued at USD 22.6 Bn in 2021. The market is projected to grow USD 48.3 Bn in 2030, at a CAGR of 9.3%.

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The global PCI express controllers market is likely to be driven by the rapidly expanding IT & telecom sector, as well as rising need for high bandwidth during the projected period. The demand for high-speed connectivity devices and systems is projected to fuel the data center convergence trend. The PCI express controllers market is expected to grow as more money is invested in developing communication infrastructure. Because of the fast expansion of communication infrastructure, there is a growing demand for converged data center solutions. Furthermore, due to the growing number of telecommunications subscribers who require a high-speed internet connection, resulting to an increasing demand for infrastructure upgrades. Aforementioned factors are likely to expand the PCI express controllers.

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A major driver driving market expansion is the increasing usage of PCI express controllers for high-speed networks in a variety of commercial, industrial, and residential applications. Real-time data exchange, which necessitates speedier and continuous data transfer, is projected to emerge across a variety of applications. The demand for data, voice, and video signal convergence is being fueled by the rise of advanced internet protocol (IP) such as Voice over IP (VoIP), IP-based security systems, and IP videoconferencing. The demand for PCI express controllers is being driven by increased industrial automation measures to promote industrial businesses, as well as a significant presence of manufacturers operating in the PCI express controllers market. To keep ahead of the competition and obtain profitable avenues throughout the pandemic, top industry participants in the PCI express controllers market are focusing on delivering high-quality cable and connectivity services.


The M.2 segment has dominated the market share in 2020 owing to most commonly used SATA drives among enterprises. As a result, businesses prefer M.2 form factor to construct a virtual network infrastructure. The gen 4.0 segment has witnessed largest market share of the global PCI express controllers market owing to majorly used type across various applications and gives significant performance increases over gen 3.1 and gen 2.1. Gen 5.0 can support up to 10 Gbps and 250 MHz bandwidth, however they can only be used for 12 metres, making them rather long Ethernet cables. The IT & telecommunications segment is witnessing the largest market share of global PCI express controllers market owing to the growing infrastructure development in the communication industry. Rising demand for high bandwidth network connections and rapid urbanization in developing countries is expected to boost the global PCI express controllers market.


North America region held the largest market share in 2021 and is expected to maintain its dominance over the forecast period owing to the growing industrialization and adoption of smart home infrastructure in the emerging countries is propelling the growth of global PCI express controllers market. Moreover, the presence of key players is driving the growth of PCI express controllers and solutions across the region. However, Asia Pacific region is projected to witness a promising growth rate due to owing to the increasing digitalization across different applications and due to the increasing population. Growing demand for cloud computing services, a movement in the telecom sector toward improving network or communication infrastructures, and many other reasons have all contributed to the market's rise. The installation of connected equipment and PCI express controllers is being driven by industrial development and deployment of Industry 4.0. Moreover, China announced in 2020 that it will develop one of the world's highest-altitude cloud-computing data centres in Tibet to address data storage needs for China and other South Asian countries such as Bangladesh, Nepal, and Pakistan.


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KEY INDUSTRY DEVELOPMENTS:


May 2021- Marvell launched PCIe 5.0 SSD controllers which offers architecture flexibility, data protection and security for cloud infrastructure. Also, contributes to accelerated workloads and reduced latency, which in turn improve the user experience.


March 2021- Synopsys launched IP solution for PCI Express 6.0 which can deliver 64 GT/s Data rate with low latency for high-performance computing, AI and storage SoCs.


December 2020- Swissbit acquired Hyperstone to strengthen its growth for security solutions and embedded IoT.


August 2019- Marvell introduced lowest power PCIe Gen4 NVMe SSD controllers which can offer unmatched performance along with power benefits for emerging edge computing and cloud data center applications.


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