Non-Volatile Memory Express (NVMe)-Over-Fabrics switch Market Report 2026

The non-volatile memory express (nvme)-over-fabrics switch market size has grown exponentially in recent years. It will grow from $1.59 billion in 2025 to $2.04 billion in 2026 at a compound annual growth rate (CAGR) of 27.9%. The growth in the historic period can be attributed to growth of hyperscale data centers, increasing adoption of nvme storage, expansion of cloud infrastructure, rising demand for high-speed enterprise storage, need for efficient data movement across networks.

The non-volatile memory express (nvme)-over-fabrics switch market size is expected to see exponential growth in the next few years. It will grow to $5.4 billion in 2030 at a compound annual growth rate (CAGR) of 27.6%. The growth in the forecast period can be attributed to adoption of nvme-over-fabrics in hpc systems, expansion in cloud service provider networks, integration with AI-based storage management, rising demand for low-latency scalable storage, deployment of ethernet and infiniband fabrics. Major trends in the forecast period include high-performance nvme storage connectivity, low-latency data movement, scalable shared storage pools, fabric-agnostic nvme integration, advanced network traffic management.

The rising adoption of cloud based solutions is expected to drive the growth of the non volatile memory express NVMe over fabrics switch market in the coming years. Cloud based solutions are software or services hosted on remote servers and accessed via the internet, allowing users to store data, run applications, and collaborate without relying on local hardware. Their growing adoption is driven by the ability to scale operations and handle increasing workloads without major investments in physical servers or IT infrastructure, offering flexibility and cost efficiency. An NVMe over fabrics switch in cloud computing delivers ultra fast, low latency access to shared NVMe storage, ensuring scalable, efficient, and interoperable infrastructure for demanding workloads. For example, in October 2025, according to AAG IT Services, a UK-based IT and digital transformation services company, public cloud services experienced a revenue surge, surpassing $415 billion in 2022, with forecasts indicating growth to $526 billion in 2023. Therefore, the increasing adoption of cloud-based solutions is driving the growth of the non-volatile memory express (NVMe)-over-fabrics switch market.

Leading companies operating in the non-volatile memory express (NVMe)-over-fabrics market are concentrating on developing innovative solutions, such as NVMe specification updates, to enhance interoperability, performance, and scalability across modern distributed storage infrastructures. An NVMe specification update is a standardized enhancement that introduces new command sets, security mechanisms, and transport capabilities to optimize storage device behavior across networked NVMe fabrics. For example, in August 2024, NVM Express, Inc., a US-based non-profit organization, announced the NVMe 2.1 Specifications along with associated new feature specifications. This update introduced key capabilities, including live migration of NVMe controllers, NVMe-over-Fabrics zoning, host-directed data placement, and network boot support. These enhancements strengthen the NVMe-oF ecosystem by simplifying development, improving data mobility, and enabling more secure, scalable, and efficient storage solutions across cloud, enterprise, and artificial intelligence environments.

In May 2025, Western Digital, a United States-based provider of high-performance data storage solutions, entered into a long-term strategic collaboration with Ingrasys to jointly develop a next-generation Top-of-Rack NVMe-over-Fabrics switch with embedded storage. Through this collaboration, both companies aim to accelerate the adoption of fabric-attached disaggregated storage by combining Western Digital’s NVMe-oF bridging technology with Ingrasys’ large-scale manufacturing and system integration expertise. Ingrasys is a Taiwan-based provider of advanced data center hardware, including GPU servers, rack-scale platforms, and liquid-cooled artificial intelligence systems.

Major companies operating in the non-volatile memory express (nvme)-over-fabrics switch market are Huawei Technologies Co. Ltd., Dell Technologies Inc., International Business Machines Corporation, NVIDIA Corporation, Cisco Systems Inc., Lenovo Group Limited, Intel Corporation, Broadcom Inc., NEC Corporation, Kingston Technology Company Inc., Western Digital Corporation, Super Micro Computer Inc., Microchip Technology Incorporated, Sanmina Corporation, Marvell Technology Inc., Pure Storage Inc., Edgecore Networks Corporation, Viking Enterprise Solutions Inc., ATTO Technology Inc., NVM Express Inc., SANBlaze Technology Inc.

North America was the largest region in the non-volatile memory express (NVMe)-over-fabrics switch market in 2025. The regions covered in the non-volatile memory express (nvme)-over-fabrics switch market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the non-volatile memory express (nvme)-over-fabrics switch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs have impacted the NVMe-over-fabrics switch market by increasing the cost of critical hardware components, including switch modules, controller cards, interface adapters, and network processors. This has influenced pricing strategies and slowed adoption in regions dependent on imports, particularly in Asia-Pacific and North America. Segments such as high-performance data center switches and fabric-agnostic NVMe solutions are most affected by these tariffs. However, tariffs have prompted manufacturers to explore local sourcing, regional production, and alternative suppliers, improving supply chain resilience. These measures also encourage innovation in low-latency, high-bandwidth NVMe-over-fabrics solutions. Overall, while tariffs present short-term challenges, they create opportunities for strategic adaptation and technological advancement in enterprise and cloud storage networks.

The non-volatile memory express (nvme)-over-fabrics switch market research report is one of a series of new reports that provides non-volatile memory express (nvme)-over-fabrics switch market statistics, including non-volatile memory express (nvme)-over-fabrics switch industry global market size, regional shares, competitors with a non-volatile memory express (nvme)-over-fabrics switch market share, detailed non-volatile memory express (nvme)-over-fabrics switch market segments, market trends and opportunities, and any further data you may need to thrive in the non-volatile memory express (nvme)-over-fabrics switch industry. This non-volatile memory express (nvme)-over-fabrics switch market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A non volatile memory express NVMe over fabrics switch is a high performance network switch that enables the connection and management of NVMe storage devices over advanced fabrics such as ethernet, infiniband, or fibre channel, ensuring seamless data transfer with minimal latency. It extends the speed and efficiency of NVMe beyond local servers by enabling scalable, shared storage pools that deliver high bandwidth and low latency for demanding environments such as hyperscale data centers, cloud infrastructures, and high performance computing systems.

The primary components of a non volatile memory express NVMe over fabrics switch are hardware, software, and services. Hardware refers to the physical components of a system that perform functions such as processing, storage, or networking. In NVMe over fabrics switches, hardware enhances high speed data transfer, reduces latency, improves interoperability, supports scalability, and optimizes performance. Various fabrics include ethernet, fibre channel, infiniband, and others. It is used in several applications, including data centers, enterprise storage, cloud service providers, high performance computing, and more, and serves end users such as information technology and telecommunications, banking, financial services, and insurance BFSI, healthcare, government, and media and entertainment.

The non-volatile memory express (NVMe) over fabrics switch market consists of revenues earned by entities by providing services such as high-speed storage connectivity, storage pooling and sharing, scalability services, centralized management, and load balancing. The market value includes the value of related goods sold by the service provider or included within the service offering. The non-volatile memory express (NVMe) over fabrics switch market also includes sales of fiber channel switches, ethernet switches, converged network adapters, host bus adapters, and firmware components. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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