Global PCI Express Controllers Market Size, Share, and COVID-19 Impact Analysis, By Form Factor (CEM, M.2, U.2), By Type (Gen 6.0, Gen 5.0, Gen 4.0, Gen 3.1, Gen 2.1 & Gen 1.1), By Application (Consumer Electronics, Internet of Things, Automotive, Industrial Automation, IT & Telecommunications & Others), by Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2022-2030

KEY MARKET INSIGHTS

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%. PCIe is a high-speed serial bus that is used in computers. It is also known as PCI Express or Peripheral Component Interconnect Express which is a physical connection that transports data and information from one device within the computer to another or between the computer and a piece of peripheral equipment. The technology is widely used in small, power-constrained IoT sensors and mobile devices to servers and networking and communications equipment. For consumer, enterprise, and embedded applications, the PCIe interface with NVMe protocol has become the new standard. Despite the fact that all three share the identical SSD architecture, their individual requirements are vastly different. While client and enterprise applications require the maximum capacity and speed.

Increasing adoption of M.2 form factor is likely top fuel the growth of the global PCI express controllers market. The global PCI express controllers market is expected to rise due to increased demand for high-speed connection devices systems, data center expansion, and growth in demand for PCI express controllers as a result of technological improvements. However, growth in the IT and telecom sectors are expected to provide profitable prospects for market players in the upcoming time. On the contrary, the PCI express controllers industry is predicted to benefit from the growing popularity of 5G technology and improved internet infrastructure around the world.

COVID-19 ANALYSIS

In 2020 and 2021, the COVID-19 epidemic had a negative impact on the PCI express controllers market which leading in lower revenue for market participants. In the midst of the COVID-19 epidemic, factors such as increased video streaming, video conferencing, online gaming, social networking, and many others have boosted internet traffic, necessitating the use of PCIe 4.0 interfaces. Furthermore, the use of PCIe 4.0 is still in demand due to the increasing rate of investments from many important suppliers in producing products that support Gen 4.0. This drop can be attributed to a number of factors, including slow pace of production and a scarcity of raw material suppliers, as well as the closure of several plants in several countries due to the pandemic, the suspension of business activities, massive surges in internet traffic, and rapid growth in data storage and processing requirements. The development in remote work scenarios, which has raised the demand for PCI express controllers products, software, and services, is likely to drive the demand of global PCI express controllers market.

LATEST TREND

Increasing Demand for High-Speed Connectivity Devices Systems

Increasing demand for high bandwidth and rising high-speed connectivity devices systems is driving the growth of global PCI express controllers market. The sharing of massive amount of data is required among the businesses. Nowadays, mostly companies are deploying high-speed networking devices to streamline the flow.

DRIVING FACTORS

Integrating AI-Enabled Solutions Providing Exceptional Performance

Adoption of PCIe controller is enabling personalize customer experience, reduce operational cost, increase data rates, and provide more actionable analysis. Coupling with artificial intelligence provides improvement of system performance, data recovery and redundant data backup with high speed. Also, using AI powered analysis, businesses can analyze identifying risk of churning, customer behavior, reach out to customer with a personalized offer. For instance, Rambus offers comprehensive interface subsystem solution bringing high-bandwidth and low-latency connectivity for next-generation applications in artificial intelligence/machine learning (AI/ML), edge, data center, 5G infrastructure and graphics.

Rising Adoption of IoT and Cloud-based Technologies

The growing use of digitization has resulted in massive amounts of data being generated. Increased cloud computing usage in the industrial sector, as well as expansion in the internet of things (IoT), are some of the main drivers of the worldwide industrial IoT market. Cloud computing has been a boon to artificial intelligence (AI), allowing the general public access to powerful machine learning (ML) platforms that demand a lot of processing power and data bandwidth. The Internet of Things (IoT) is a movement that is propelling society's continual digitalization and datafication in a variety of new and exciting ways.

Rising Upgradation of Data Center Benefitting Enterprises

Rising upgradation of data centers will likely to propel the growth of global PCI express controllers market. Upgrades are still the most common way to improve the data center's IT capabilities. By replacing aged or inefficient IT assets, they increase resilience, improve performance, minimize operating costs, improve security, and reduce downtime. The upgradation of data centers will lead to manage more energy efficient. The use of PCI express controllers in data centers will increase as new projects are built and facilities are modernized.

RESTRAINTS

Concerns Pertaining to Heat Generation of NAND Flash Products

Heat generation of NAND flash products will likely to hamper the growth of global PCI express controllers market.

SEGMENTATION

The global PCI express controllers market is segmented by Form Factor (CEM, M.2, U.2), By Type (Gen 6.0, Gen 5.0, Gen 4.0, Gen 3.1, Gen 2.1, Gen 1.1), By Application (Consumer Electronics, Internet of Things, Automotive, Industrial Automation, IT & Telecommunications & Others), and Region. Based on the Form Factor the market is categorized into CEM, M.2, U.2. Based on Type, the market is categorized into Gen 6.0, Gen 5.0, Gen 4.0, Gen 3.1, Gen 2.1, Gen 1.1. Based on application, the market is categorized into consumer electronics, internet of things, automotive, industrial automation, it & telecommunications & others. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

Form Factor Insights

Based on the form factor segment, the market is categorized into CEM, M.2, U.2. 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 U.2 segment is projected to witness a promising growth rate due to high usage of transferring speeds across the different applications such as automotive, industrial automation, IT & telecommunications, manufacturing, military & defense and others.

Type Insights

Based on the type segment, the market is categorized into Gen 6.0, Gen 5.0, Gen 4.0, Gen 3.1, Gen 2.1, Gen 1.1. 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.

Application Insights

Based on the application segment, the market is categorized into consumer electronics, internet of things, automotive, industrial automation, it & telecommunications & others. 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. 

REGIONAL INSIGHTS

The global PCI express controllers market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. 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.

INDUSTRY PLAYERS

• Rambus
• Marvell
• Microchip Technology Inc.
• Silicon Motion
• Realtek Semiconductor Corp.
• JMicron Technology Corporation.
• Swissbit AG
• Greenliant
• Shanghai INNOGRIT
• Maxio Technology(Hangzhou)Ltd.
• Seagate Technology LLC
• Micron Technology, Inc.
• Jiangsu Huacun Electronic Technology Co. Ltd.
• Synopsys, Inc.
• PHISON ELECTRONICS
• VIA TECHNOLOGIES, INC.

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.

SEGMENTATION

By Form Factor

• CEM
• M.2
• U.2

By Type

• Gen 6.0
• Gen 5.0
• Gen 4.0
• Gen 3.1
• Gen 2.1
• Gen 1.1

By Application

• Consumer Electronics
• Internet of Things
• Automotive
• Industrial Automation
• IT & Telecommunications
• Others

By Region

• North America- U.S., Mexico, Canada
• Europe- UK, France, Germany, Italy
• Asia-Pacific- China, Japan, India
• South America- Brazil, Argentina, Colombia
• The Middle East and Africa- United Arab Emirates, Saudi Arabia