PCIe Market - Forecast(2020 - 2025)
Peripheral Component Interconnect Express Market Overview Peripheral component interconnect express market (PCle) market is expected to reach $53.5 billion by 2025 at a CAGR of 20.2% during the forecast period 2020-2025. Significant growth of data storage market worldwide is boosting the demand for PCle market . The data storage market is rising with more than 5% annually. Peripheral component interconnect express is used to establish a standard form of connection across the internal components of a computer system to increase efficiency and performance of the computer system. In addition to this rising usage of PCIe for data transfer include graphics cards, network interface cards (NICs), storage accelerator devices and other high-performance peripherals is also driving the PCIe market size. Moreover, the rising adoption of PCI express in automotive industry, datacenters and other enterprises is also analyzed to drive the PCIe industry in the forecast period. In 2019, Companies such a...