PCIe Market to Increase by $31.6 Billion Between 2022 and 2027

The PCI Express Market by Application, End-user, and Geography – Forecast and Analysis 2023-2027 report ($2,500) has been published by Technavio (Infiniti Research Limited). Market size is forecast to grow by $31,584.8 million between 2022 and 2027 at a CAGR of 22.26%.

The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market.

Regional analysis
By region, the global PCIe market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. North America will account for 40% of market growth during the forecast period.

Factors such as the growing demand among end-users for high-speed processors is encouraging vendors to deliver advanced PCIe solutions to their customers. Rapid technological advances have resulted in the development of PCIe which can transfer data faster to Ethernet protocols. With the availability of advanced products in PCIe, their adoption will increase significantly among the end-users.