Global PCIe Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2024-2032)

Global PCIe Market Growth

As per the American Business Survey of 2021, around 4% of all American firms were using AI for their business processes. However, increasing innovations in PCs and the energy sector have led to investments worth nearly 2% of the United States’ economic size. Over the forecast period, AI-related investments are expected to peak at around 2.5%-4% of US GDP and 1.5%-2.5% of the GDP of other economic superpowers. This means that global AI investments can reach USD 200 billion globally by 2025, and USD 100 billion in the United States. The growth of generative AI, which is expected to lead to a 1 percentage point growth in labour productivity upon widespread adoption, is anticipated to further fuel such investments, especially into companies that develop and train AI models and supply essential infrastructure for testing it. Moreover, investments in AI software development companies and their end users are also expected to soar. This is expected to drive the PCIe market expansion in the upcoming years, as PCIe enables powerful computing capabilities and offers fast data processing features. Moreover, the introduction of new versions of peripheral component interconnect express (PCIe) with increased bandwidth is expected to facilitate the market growth in the forecast period.

Key Trends and Developments

Global PCIe Market Trends

Many businesses are adopting machine learning technologies for extracting high-quality information (60%), increasing the speed and productivity of business processes (48%), cost reduction (46%), and extracting additional value from datasets (31%). This is expected to increase the PCIe market value, as PCIe facilitates the seamless transfer of large amounts of data. It also provides scalability to the machine learning infrastructure, thereby simplifying its development and deployment.

Global PCIe Industry Segmentation

Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Global PCIe Market Share

Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2024-32, the Asia Pacific is estimated to grow at a CAGR of 15.5% as a result of rising investments in data centre establishment in countries like India. Moreover, the PCIe market development is being driven by the rising worldwide adoption of machine learning tools and technological advancements in computer storage solutions.

Leading Companies in the Global PCIe Market

Major players are designing innovative PCIe solutions to cater to the increasing computational demands faced by data centres. This is creating a favourable PCIe market outlook.

Microchip Technology Inc.

Microchip Technology Inc. was founded in 1989 and is headquartered in Arizona, United States. It is a semiconductor manufacturing company which specialises in producing microcontrollers, among other embedded wireless solutions.

NVIDIA Corporation

NVIDIA Corporation was founded in 1993 and is headquartered in California, United States. It revolutionised th...

Renesas Electronics Corporation

Renesas Electronics Corporation was founded in November 2002 and is headquartered in Tokyo, Japan. It is engag...

Toshiba Corporation

Toshiba Corporation was founded in 1875 and is headquartered in Tokyo, Japan. It specialises in manufacturing ...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other players included in the PCIe market report are Intel Corporation, Texas Instruments Incorporated, Samsung Electronics Co., Ltd., Broadcom, Inc., Rambus, Marvell Technology, Inc., and among others.