| Product Code: ETC5564627 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Lithuania`s non-volatile memory express (NVMe) import shipments in 2024 saw a decline in growth rate, with a negative CAGR from 2020 to 2024. Despite this, the top countries exporting to Lithuania included Latvia, Netherlands, Poland, Germany, and China. The Herfindahl-Hirschman Index (HHI) remained at high concentration levels in 2024, indicating a competitive market landscape. The significant decrease in growth rate from 2023 to 2024 highlights potential challenges or shifts in the NVMe import market that businesses should be aware of to strategize effectively in the coming years.

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 Lithuania Non-volatile Memory Express (NVMe) Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Non-volatile Memory Express (NVMe) Market - Industry Life Cycle |
3.4 Lithuania Non-volatile Memory Express (NVMe) Market - Porter's Five Forces |
3.5 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume Share, By Communication Standard, 2021 & 2031F |
3.7 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume Share, By Deployment Location, 2021 & 2031F |
3.8 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Lithuania Non-volatile Memory Express (NVMe) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance computing solutions |
4.2.2 Growing adoption of cloud computing and data analytics |
4.2.3 Technological advancements leading to faster data processing speeds |
4.3 Market Restraints |
4.3.1 High initial investment costs for NVMe storage solutions |
4.3.2 Limited awareness and understanding of NVMe technology among potential users |
4.3.3 Compatibility issues with legacy systems and infrastructure |
5 Lithuania Non-volatile Memory Express (NVMe) Market Trends |
6 Lithuania Non-volatile Memory Express (NVMe) Market Segmentations |
6.1 Lithuania Non-volatile Memory Express (NVMe) Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Solid-state Drives (SSDs), 2021-2031F |
6.1.3 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Adapters, 2021-2031F |
6.1.4 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By All-flash Arrays, 2021-2031F |
6.1.5 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Servers, 2021-2031F |
6.1.6 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Lithuania Non-volatile Memory Express (NVMe) Market, By Communication Standard |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Ethernet, 2021-2031F |
6.2.3 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Fibre Channel, 2021-2031F |
6.2.4 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By InfiniBand, 2021-2031F |
6.3 Lithuania Non-volatile Memory Express (NVMe) Market, By Deployment Location |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By On-premise, 2021-2031F |
6.3.3 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Remote, 2021-2031F |
6.3.4 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Hybrid, 2021-2031F |
6.4 Lithuania Non-volatile Memory Express (NVMe) Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.4.3 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Consumer Goods & Retail, 2021-2031F |
6.4.4 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Telecommunications & ITeS, 2021-2031F |
6.4.5 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.6 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Energy, 2021-2031F |
6.4.7 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Government, 2021-2031F |
6.4.8 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.4.9 Lithuania Non-volatile Memory Express (NVMe) Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
7 Lithuania Non-volatile Memory Express (NVMe) Market Import-Export Trade Statistics |
7.1 Lithuania Non-volatile Memory Express (NVMe) Market Export to Major Countries |
7.2 Lithuania Non-volatile Memory Express (NVMe) Market Imports from Major Countries |
8 Lithuania Non-volatile Memory Express (NVMe) Market Key Performance Indicators |
8.1 Average latency reduction achieved by adopting NVMe technology |
8.2 Increase in the number of NVMe-compatible devices in the market |
8.3 Growth in the number of NVMe storage solution providers in Lithuania |
9 Lithuania Non-volatile Memory Express (NVMe) Market - Opportunity Assessment |
9.1 Lithuania Non-volatile Memory Express (NVMe) Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Lithuania Non-volatile Memory Express (NVMe) Market Opportunity Assessment, By Communication Standard, 2021 & 2031F |
9.3 Lithuania Non-volatile Memory Express (NVMe) Market Opportunity Assessment, By Deployment Location, 2021 & 2031F |
9.4 Lithuania Non-volatile Memory Express (NVMe) Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Lithuania Non-volatile Memory Express (NVMe) Market - Competitive Landscape |
10.1 Lithuania Non-volatile Memory Express (NVMe) Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Non-volatile Memory Express (NVMe) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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