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PCI Express Market to Grow by USD 53.74 Billion from 2024-2028, Driven by PCIE Integration with IEEE 1394 (FireWire) and AI’s Role in Market Transformation – Technavio

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NEW YORK, Sept. 30, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Global PCI Express Market  size is estimated to grow by USD 53.74 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 28.22%  during the forecast period.  Integration of PCIE with IEEE 1394 (firewire) is driving market growth, with a trend towards continuous technological upgradation. However, failure to manage inventory during changing customer demand  poses a challenge – Key market players include Advanced Micro Devices Inc., Advantech Co. Ltd., Anritsu Corp., Axiomtek Co. Ltd., Broadcom Inc., Diodes Inc., Hilscher Gesellschaft fur Systemautomation mbH, Intel Corp., Kingston Technology Co. Inc., Microchip Technology Inc., NXP Semiconductors N.V., One Stop Systems Inc., Rambus Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Samtec Inc., Silicon Motion Technology Corp., Teledyne Technologies Inc., Texas Instruments Inc., and Western Digital Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Storage, Data center, and Others), End-user (Telecom, Infrastructure, Residential, Industrial, and Others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

Advanced Micro Devices Inc., Advantech Co. Ltd., Anritsu Corp., Axiomtek Co. Ltd., Broadcom Inc., Diodes Inc., Hilscher Gesellschaft fur Systemautomation mbH, Intel Corp., Kingston Technology Co. Inc., Microchip Technology Inc., NXP Semiconductors N.V., One Stop Systems Inc., Rambus Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Samtec Inc., Silicon Motion Technology Corp., Teledyne Technologies Inc., Texas Instruments Inc., and Western Digital Corp.

Key Market Trends Fueling Growth

The PCI Express (PCIE) market is experiencing growth due to increasing enterprise demand for PCIE solutions. Vendors are upgrading their offerings to meet this demand and keep up with technological advances. PCIE 3.0 was the standard for a long time, but with the launch of PCIE 4.0, PCI-SIG announced PCIE 5.0, which will offer 32 GT/s bandwidth speed, surpassing industry needs. Continuous technological upgrades will support enterprises in meeting customer demands for high-speed data transfer, leading to market growth. 

PCI Express market is thriving with enterprises adopting high-performance peripherals for business growth. The latest Generation models of PCI Express support advanced technologies like Artificial Intelligence and Machine Learning, aiding data center modernization and infrastructure flexibility. IT cost optimization is a key driver, enabling enterprises to reduce costs by enhancing team performance with an agile IT infrastructure. SSD technology and sophisticated algorithms boost efficiency, while cloud services offerings, networking, and automation technologies enhance application performance. Underutilization and overprovisioning are addressed with agile approaches, and SONET/SDH technology, Ethernet switches, and 10Gigabit Ethernet enable seamless communication. Miniaturization and the integration of PCI Express into networking hardware, storage devices, and network interface cards facilitate data traffic management. PCI Express also powers innovative applications like ADAS systems, Infotainment systems, and 5G technology, making it a must-have for businesses seeking to stay competitive. 

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Market Challenges

In the PCI Express market, vendors sell their products to businesses based on purchase orders. Enterprises can delay shipments without penalty due to technological advances, leading to potential inventory issues. Excess inventory can negatively impact profitability and result in inventory write-downs. This risk is amplified when vendors sell through distributors, as demand forecasts rely on multiple estimates. Additionally, businesses may cancel orders with short notice, increasing customer concentration risk. Continuous technological changes can cause market fluctuations, potentially resulting in overcapacity and price reductions to clear stock. These factors could impact the revenue growth of the global PCI Express market during the forecast period.PCI Express (PCIe) is a high-performance interconnect technology used in modern computing systems for connecting high-speed peripherals. With the continuous advancement of technologies like artificial intelligence (AI) and machine learning (ML), enterprises require faster and more efficient data transfer. PCIE’s various generation models cater to these needs. Data center modernization is a key focus for businesses aiming for IT cost optimization and infrastructure flexibility. PCIe’s agile approaches, such as SSD technology and sophisticated algorithms, reduce costs by minimizing underutilization and overprovisioning. Advanced technologies like AI, ML, and cloud services offerings are driving the demand for PCIe in data centers. Communication applications, networking hardware, Ethernet switches, and 5G technology also benefit from PCIe’s high-speed capabilities. In industries like automotive and infotainment, PCIe’s miniaturization and integration with advanced technologies like ADAS systems enhance team performance and application performance. Graphic cards, storage devices, and network interface cards are essential PCIe components in various industries. Data traffic and networking are other areas where PCIe plays a significant role, with 10Gigabit Ethernet and SONET/SDH technology relying on PCIe for seamless communication. PCIe’s role in IT infrastructure is crucial for business growth, enabling agile IT infrastructure and application performance.

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Segment Overview 

This pci express market report extensively covers market segmentation by

Application 1.1 Storage1.2 Data center1.3 OthersEnd-user 2.1 Telecom2.2 Infrastructure2.3 Residential2.4 Industrial2.5 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Storage-  In the storage industry, enterprises are facing performance issues with traditional hard disk drives (HDDs) due to latency. To address this, enterprises have started adopting solid-state drives (SSDs) for their non-volatile memory needs. While HDDs still dominate the market due to their lower cost, the price gap between HDDs and SSDs is closing rapidly. PCIe SSDs offer significant benefits, including higher performance and lower latency, making them ideal for caching and buffering applications. PCIe was already widely used in storage subsystems and enterprise processors, and the adoption of PCIe interfaces in SSD controllers has further improved system performance. PCI-SIG’s extension of the PCIe specification with features like enhanced downstream port containment (eDPC) and DPC will enable more storage systems, leading to increased adoption of PCIe solutions in storage. This, in turn, will drive the growth of the global PCI express market during the forecast period.

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Research Analysis

PCI Express (PCIe) is a high-speed bus standard for connecting various components inside a computer or in data centers. It has revolutionized the way communication applications are handled, enabling miniaturization of Ethernet switches, SONET/SDH technology, and other networking hardware. PCIe supports advanced technologies like 10Gigabit Ethernet, 5G technology, and high-performance peripherals such as graphic cards and storage devices. With the rise of cloud-based services, PCIe plays a crucial role in data traffic management and infrastructure flexibility. It also caters to emerging applications like ADAS systems, infotainment systems, artificial intelligence, and machine learning in automotive and consumer electronics. PCIe’s evolution includes multiple generation models, ensuring continuous improvement and optimization of IT costs.

Market Research Overview

The PCI Express market is experiencing significant growth due to the increasing demand for high-speed data transfer in various industries, particularly in data centers. Communication applications, miniaturization, and advanced technologies such as Ethernet switches, SONET/SDH technology, and 10Gigabit Ethernet are driving the market forward. PCI Express is essential for networking hardware like Ethernet switches, enabling high-speed data transfer between components. The market is also being fueled by the rise of cloud-based services, graphic cards, storage devices, and network interface cards. Data traffic from ADAS systems, infotainment systems, and 5G technology is also contributing to the growth of the PCI Express market. The market is evolving with each new generation model, incorporating advanced technologies like artificial intelligence and machine learning to optimize IT cost, enhance team performance, and ensure infrastructure flexibility. Data center modernization and infrastructure flexibility are key priorities for enterprises seeking business growth, reduce costs, and application performance. Automation technologies, SSD technology, and cloud services offerings are also playing a crucial role in the market’s development. Underutilization and overprovisioning are being addressed through agile approaches, leading to increased efficiency in the PCI Express market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationStorageData CenterOthersEnd-userTelecomInfrastructureResidentialIndustrialOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Rarecells Inc. Appoints Dr. Neil Kurtz to Board of Directors

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NEW YORK and PARIS, March 26, 2025 /PRNewswire/ — Rarecells Inc., a pioneering company in liquid biopsy technology, is pleased to announce the appointment of Dr. Neil Kurtz to its Board of Directors. Dr. Kurtz, a renowned healthcare entrepreneur and executive, brings over 40 years of experience in the pharmaceutical, contract research, post-acute care, and medical diagnostic sectors.

Dr. Kurtz has a distinguished career as a founder of several successful companies, including Medidata Systems and Worldwide Clinical Trials, which collectively generated over $8 billion in value for investors. He has served as CEO of both public and private companies and has held senior executive positions in top pharmaceutical and healthcare organizations. His leadership experience includes serving as President and CEO of Golden Living, one of the United States’ largest providers of diversified care.

“We are delighted to welcome Dr. Kurtz to our Board of Directors,” said Dr. Patrizia Paterlini, CEO of Rarecells Inc. “His extensive expertise in diagnostics, finance, and scientific research, along with his strategic insights, will be invaluable as we continue to develop and commercialize our innovative liquid biopsy technology for early cancer detection. His addition strengthens our commitment to assembling a board with significant expertise to guide our mission of delivering unparalleled, label-free access to intact circulating tumor cells and their CTC-DNA for downstream analysis. We are confident that Dr. Kurtz’s leadership will further enhance our efforts to bring cutting-edge solutions to the forefront of precision oncology.”

“I am honored to join the already exceptional Board of Directors at Rarecells,” said Dr. Kurtz. “I am aligned with the company’s belief that through its ISET technology it has the potential to revolutionize cancer diagnostics and personalized treatment, having a profound impact on the lives of millions of patients worldwide. I look forward to sharing the insights I have gained across my industry experience and contributing to Rarecells’ growth and success in this critical field, where the unmet need remains critical.”

Dr. Kurtz is the 5th member of Rarecells’ Board of Directors. The other members are Patrizia Paterlini MD, PhD, President, CEO & Founder of Rarecells;  Neil Gunn, PhD, former head of Roche Molecular Systems and Roche Sequencing, Christian Brechot MD, PhD, Senior Associate Dean for Research in Global Affairs and the Associate Vice-President for International Partnerships and Innovation at the University of South Florida, Tampa & President of the Global Virus Network; Thierry de Marignac, Former Partner at Banque Mirabaud & Cie & Leading Investor.

About Rarecells Inc.

Rarecells Inc. is a leading company in the development of innovative non-invasive tests for early cancer diagnosis based on a proprietary hypersensitive AI-based Circulating Tumor Cells (CTCs) and CTC-DNA detection. Founded in 2012, the firm is headquartered in New York with offices and laboratories in New York and Paris. For more information, visit www.rarecells.com

Contact: media@rarecells.com

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SOURCE Rarecells, Inc.

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Metrasens Broadens Market Reach with iT1 Source Partnership

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NAPERVILLE, Ill., March 26, 2025 /PRNewswire/ — Metrasens, a leading provider of advanced detection systems for security and safety applications, today announced a strategic partnership with iT1 Source, LLC, a leader in IT solutions, technology, and security services. This collaboration brings together iT1’s expertise in technology integration and Metrasens’ innovative security solutions to address the evolving needs of organizations seeking robust protection against physical threats.

Through this partnership, iT1 Source will offer Metrasens’ industry-leading passive detection technology, Metrasens Ultra, providing organizations with advanced, efficient, and flexible screening solutions. Unlike other detection systems, Metrasens Ultra is the only multi-use solution specifically designed to detect small concealed weapons and contraband that can lead to violence, as well as hidden electronics that pose a risk of sensitive or secure data leaks.

“We’re thrilled to partner with Metrasens to deliver state-of-the-art security solutions that align with our commitment to innovation and customer success,” said Ian Dunnington, Vice President of Public Sector at iT1 Source. “This partnership enables us to address growing concerns around physical security by offering our clients a proven product from Metrasens that enhances safety and peace of mind.”

Simon Goodyear, Chief Executive Officer at Metrasens, added, “Our collaboration with iT1 Source allows us to bring our cutting-edge detection technology to a wider audience. iT1 Source has a great reputation, strong relationships, and a good coverage model in markets where Metrasens is a strong fit.  Together, we are creating safer environments with efficient, reliable, and easy to implement solutions.”

Metrasens’ technology stands out for its ease of use, portability, and adaptability across a wide range of applications, including government facilities, healthcare institutions, and critical infrastructure. The passive detection system ensures a non-intrusive experience while maintaining high security standards, making it an ideal solution for organizations looking to enhance their safety measures without compromising efficiency.

By joining forces, iT1 Source and Metrasens are committed to delivering cutting-edge security solutions that safeguard people and assets against emerging threats. Organizations can now confidently leverage this powerful combination of technology and expertise to reinforce their security infrastructure.

About Metrasens
Metrasens is the world’s leading provider of advanced magnetic detection technologies. With a technology center and manufacturing facility in the United Kingdom, a North American sales and customer service hub in Chicago and a global network of distributors, the company’s innovative products are designed to address deficiencies in conventional screening methods and make the world safer and more secure. Metrasens’ mission is to take cutting-edge science from the laboratory and use it to create revolutionary, award-winning products that meet the distinct and diverse security needs of its customers. Metrasens’ core technologies have a wide range of real-world applications, embodied by solutions that are easy to adopt and simple to use.

For more information, visit http://www.metrasens.com.

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SOURCE Metrasens

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Orijin and Interplay Learning Expand Partnership to Offer 15 Learning Pathways to Support Pre-Apprenticeships and Additional Skilled Trades Training in Correctional Facilities

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AUSTIN, Texas and NEW YORK, March 26, 2025 /PRNewswire/ — Orijin, a technology leader in evidence-based learning and workforce development programming for correctional jurisdictions, and Interplay Learning, the leading provider of immersive skilled trades training, have expanded their partnership to provide greater access to workforce development opportunities for justice-impacted individuals. This expansion introduces pre-apprenticeship pathways and additional skilled trades training options to better prepare individuals for sustainable careers post-release.

Building on the success of their initial partnership, which provided Interplay’s career exploration and foundational training through Orijin’s secure platform, this new phase extends the offering to include 15 comprehensive learning pathways from Interplay Learning. These learning tracks feature expanded course hours and industry-relevant training, enabling learners to develop in-demand trade skills in fields such as HVAC, electrical, plumbing, and facilities maintenance.

Delivered on safe and secure digital tablets, these expanded pathways include options for pre-apprenticeship opportunities, designed to help individuals transition more seamlessly into the workforce. These structured programs provide hands-on skills training that aligns with industry expectations, increasing employability and reducing barriers to job placement post-incarceration.

“This partnership expansion represents a significant step in breaking down employment barriers for justice-impacted individuals,” said Arti Finn, Chief Strategy Officer and Co-Founder at Orijin. “By integrating pre-apprenticeships and deeper training opportunities, we are not only providing education but also real pathways to sustainable careers that lead to long-term success.”

Orijin’s secure managed learning platform ensures that learners in correctional facilities can access Interplay Learning’s hands-on training in a controlled environment. The expanded training catalog complements Orijin’s existing educational content, which includes employability readiness, ESL courses, and financial literacy, providing a holistic approach to re-entry preparation.

“Through our partnership with Orijin, we are making high-quality skills training more accessible to justice-involved individuals who are eager to build stable careers,” said Doug Donovan, CEO of Interplay Learning. “By expanding our learning pathways and introducing pre-apprenticeships, we’re equipping more individuals with the tools they need to successfully re-enter the workforce.”

Orijin and Interplay Learning remain committed to fostering career readiness among justice-involved individuals, helping them gain the skills and confidence needed to secure meaningful employment upon release. 

About Interplay Learning
Interplay Learning, the leader in immersive learning for the skilled trades, now includes Industrial Training International (ITI), the global leader in specialized industrial learning solutions. Leveraging instructor-led training, online simulations, AI, and VR, Interplay helps organizations and educational institutions upskill faster, reduce risk, and increase operational readiness. With nearly 600,000 people trained, Interplay is shaping the future of workforce development, building better careers and better lives. Visit www.interplaylearning.com to learn more.

About Orijin
Founded in 2014, Orijin breaks the cycle of incarceration by preparing every justice-impacted individual for a sustainable career. Orijin provides a robust, cloud-based learning and communications platform delivered on secure devices in hundreds of correctional facilities across the country. As a public benefit corporation and Certified B Corporation, Orijin does not charge incarcerated individuals nor their families for its solutions. For more information, visit www.orijin.works.

MEDIA CONTACT: 
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com

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SOURCE Interplay Learning

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