| Product Code: ETC5564571 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium`s import market for non-volatile memory express (NVMe) technology in 2024 saw significant contributions from top exporters including Germany, the Netherlands, China, Taiwan, and Japan. Despite a negative Compound Annual Growth Rate (CAGR) of -10.78% from 2020 to 2024, the market remained competitive with low concentration levels indicated by the Herfindahl-Hirschman Index (HHI). However, there was a notable decline in growth rate from 2023 to 2024 at -17.15%, reflecting potential shifts in the import landscape for NVMe technology in Belgium.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Non-volatile Memory Express (NVMe) Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Non-volatile Memory Express (NVMe) Market - Industry Life Cycle |
3.4 Belgium Non-volatile Memory Express (NVMe) Market - Porter's Five Forces |
3.5 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume Share, By Communication Standard, 2021 & 2031F |
3.7 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume Share, By Deployment Location, 2021 & 2031F |
3.8 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Belgium Non-volatile Memory Express (NVMe) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance storage solutions in Belgium |
4.2.2 Growing adoption of cloud computing and data-intensive applications |
4.2.3 Technological advancements leading to faster data transfer speeds and lower latency |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with NVMe technology |
4.3.2 Limited awareness and understanding of NVMe solutions among potential users in Belgium |
4.3.3 Compatibility issues with older hardware systems may hinder market growth |
5 Belgium Non-volatile Memory Express (NVMe) Market Trends |
6 Belgium Non-volatile Memory Express (NVMe) Market Segmentations |
6.1 Belgium Non-volatile Memory Express (NVMe) Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Solid-state Drives (SSDs), 2021-2031F |
6.1.3 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Adapters, 2021-2031F |
6.1.4 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By All-flash Arrays, 2021-2031F |
6.1.5 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Servers, 2021-2031F |
6.1.6 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Belgium Non-volatile Memory Express (NVMe) Market, By Communication Standard |
6.2.1 Overview and Analysis |
6.2.2 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Ethernet, 2021-2031F |
6.2.3 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Fibre Channel, 2021-2031F |
6.2.4 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By InfiniBand, 2021-2031F |
6.3 Belgium Non-volatile Memory Express (NVMe) Market, By Deployment Location |
6.3.1 Overview and Analysis |
6.3.2 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By On-premise, 2021-2031F |
6.3.3 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Remote, 2021-2031F |
6.3.4 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Hybrid, 2021-2031F |
6.4 Belgium Non-volatile Memory Express (NVMe) Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.4.3 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Consumer Goods & Retail, 2021-2031F |
6.4.4 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Telecommunications & ITeS, 2021-2031F |
6.4.5 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.6 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Energy, 2021-2031F |
6.4.7 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Government, 2021-2031F |
6.4.8 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.4.9 Belgium Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
7 Belgium Non-volatile Memory Express (NVMe) Market Import-Export Trade Statistics |
7.1 Belgium Non-volatile Memory Express (NVMe) Market Export to Major Countries |
7.2 Belgium Non-volatile Memory Express (NVMe) Market Imports from Major Countries |
8 Belgium Non-volatile Memory Express (NVMe) Market Key Performance Indicators |
8.1 Average latency reduction achieved through NVMe adoption |
8.2 Increase in the number of NVMe-enabled devices in Belgium |
8.3 Growth in the number of NVMe solution providers entering the Belgian market |
8.4 Improvement in data transfer speeds with NVMe technology |
8.5 Adoption rate of NVMe solutions among enterprises in Belgium |
9 Belgium Non-volatile Memory Express (NVMe) Market - Opportunity Assessment |
9.1 Belgium Non-volatile Memory Express (NVMe) Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Belgium Non-volatile Memory Express (NVMe) Market Opportunity Assessment, By Communication Standard, 2021 & 2031F |
9.3 Belgium Non-volatile Memory Express (NVMe) Market Opportunity Assessment, By Deployment Location, 2021 & 2031F |
9.4 Belgium Non-volatile Memory Express (NVMe) Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Belgium Non-volatile Memory Express (NVMe) Market - Competitive Landscape |
10.1 Belgium Non-volatile Memory Express (NVMe) Market Revenue Share, By Companies, 2024 |
10.2 Belgium Non-volatile Memory Express (NVMe) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |