Global PCIe Market Size, Share and Forecasts 2030

Key Findings

• PCI Express (PCIe) is the industry-standard high-speed serial computer expansion bus that provides scalable bandwidth for data-intensive applications.

• It is a critical interconnect for GPUs, SSDs, FPGAs, NICs, and AI accelerators, enabling high-throughput, low-latency communication between system components.

• The growth of data centers, cloud computing, AI/ML workloads, and HPC systems is driving the adoption of next-generation PCIe standards such as PCIe 5.0 and PCIe 6.0.

• PCIe is also becoming fundamental in automotive ADAS systems, 5G infrastructure, and edge devices that demand faster data transfer and real-time processing.

• Key players such as Intel, AMD, NVIDIA, Broadcom, and Marvell are driving innovation with PCIe-based solutions optimized for storage, networking, and compute acceleration.

• North America leads adoption with hyperscale data center activity, while Asia-Pacific is expanding rapidly with semiconductor manufacturing and cloud service growth.

• Emerging trends include the adoption of CXL (Compute Express Link), which builds on PCIe infrastructure to support memory pooling and heterogeneous computing.

• The ecosystem is shifting toward higher bandwidth, power efficiency, and system-level integration to support AI-driven workloads and complex computing demands.

PCIe Market Size and Forecast

The global PCIe market was valued at USD 32.8 billion in 2024 and is projected to reach USD 89.5 billion by 2030, growing at a CAGR of 18.2% during the forecast period.

Market expansion is being driven by exponential growth in cloud computing, AI, and edge devices, which require ever-increasing interconnect performance. PCIe 5.0 and PCIe 6.0 adoption is accelerating across servers, storage arrays, and networking equipment, enabling higher bandwidth and faster response times.

The rollout of 5G infrastructure, automotive computing systems, and advanced consumer electronics also contribute to demand. With PCIe serving as the backbone of next-gen compute systems, the technology is entering a critical phase of standardization and global adoption.

Market Overview

PCIe is the backbone interconnect technology for modern computing platforms, offering unmatched bandwidth scalability compared to legacy standards. Its serial point-to-point architecture ensures high throughput and low latency across a wide variety of devices.

The expansion of data-intensive workloads such as AI, ML, video processing, and real-time analytics is pushing system architects to adopt PCIe-based interconnects to meet performance demands. As cloud providers and hyperscalers upgrade infrastructures, PCIe has become indispensable in supporting next-generation architectures.

Beyond data centers, PCIe adoption is expanding into automotive systems, telecommunications, and industrial automation. Its role in enabling low-latency communication for advanced driver-assistance systems, edge intelligence, and 5G networking underscores its broad applicability. With rapid advances in PCIe standards, the ecosystem continues to evolve, delivering solutions aligned with the future of computing.

PCIe Market Trends

• Adoption of PCIe 5.0 and PCIe 6.0 Standards:
  The transition to PCIe 5.0 and PCIe 6.0 is reshaping compute architectures with unprecedented bandwidth capacity. These standards provide up to 128 GT/s, making them essential for AI, HPC, and advanced networking workloads. The adoption curve is being accelerated by hyperscale cloud providers upgrading their infrastructure. As more devices adopt these standards, system interoperability and performance optimization become defining factors in the market.

• Integration of PCIe with Compute Express Link (CXL):
  CXL is emerging as a major trend, leveraging PCIe infrastructure to enable memory pooling and heterogeneous computing. This allows more efficient use of resources across CPUs, GPUs, and accelerators. The synergy between PCIe and CXL is creating opportunities for innovation in data center efficiency and AI system design. With vendors and industry groups collaborating on ecosystem readiness, the integration is expected to reshape memory and compute architectures.

• Expansion in Automotive and Edge Computing Applications:
  PCIe is increasingly being used in automotive electronics for ADAS, infotainment, and autonomous driving systems. The technology enables real-time data transfer between sensors, processors, and storage. At the edge, PCIe facilitates high-speed connectivity for IoT and industrial systems requiring low-latency communication. This expansion beyond traditional compute environments highlights PCIe’s adaptability to new growth markets.

• Rise of AI/ML and Accelerated Computing Workloads:
  The surge in AI and ML applications has made PCIe indispensable for connecting GPUs, TPUs, and specialized accelerators. PCIe provides the bandwidth required to train and deploy large-scale AI models efficiently. As accelerated computing becomes mainstream in enterprises, demand for robust PCIe interconnects continues to grow. Vendors are focusing on optimizing PCIe solutions for performance-intensive applications to support this demand.

Market Growth Drivers

• Explosive Growth of Cloud Computing and Data Centers:
  The rise of hyperscale data centers is one of the strongest drivers for PCIe adoption. Cloud providers need high-bandwidth interconnects to support millions of users and workloads simultaneously. PCIe provides the scalability and flexibility needed to connect storage, networking, and compute resources efficiently. With cloud usage accelerating worldwide, PCIe continues to be the backbone of modern IT infrastructure.

• Increasing Adoption of AI, HPC, and Machine Learning Applications:
  AI and HPC workloads generate vast amounts of data and require ultra-fast interconnects. PCIe addresses these requirements by enabling low-latency communication between CPUs, GPUs, and accelerators. This makes PCIe essential in training advanced models and running simulations at scale. As enterprises embed AI and HPC into their operations, PCIe’s role in powering these systems grows even more critical.

• Automotive and 5G Infrastructure Integration:
  PCIe is gaining traction in automotive computing for ADAS and infotainment, as well as in 5G telecom systems for handling real-time communication. These applications require seamless, high-speed data transfers, which PCIe is well-positioned to deliver. The convergence of automotive, telecom, and computing ecosystems provides a strong growth pathway for PCIe adoption. This diversification beyond traditional computing markets is fueling long-term demand.

• Advancements in PCIe Standards and Ecosystem Collaboration:
  Continuous innovation in PCIe standards and collaboration among industry players are driving broader adoption. The development of PCIe 5.0 and 6.0 ensures compatibility with future computing needs, while ecosystem partnerships support interoperability. Such advancements enhance PCIe’s relevance across industries and solidify its position as the interconnect of choice for next-generation systems. The pace of innovation ensures the market will continue to grow dynamically.

Challenges in the Market

• High Cost of Transitioning to Next-Gen PCIe Standards:
  Upgrading infrastructure to support PCIe 5.0 and 6.0 requires significant investment in hardware and system redesign. These costs can be prohibitive for smaller enterprises and slow the pace of adoption. Vendors must balance innovation with cost-efficiency to ensure widespread deployment. The return on investment depends on workload demands and long-term scalability benefits.

• Signal Integrity and Thermal Management Issues:
  As PCIe standards advance, maintaining signal integrity at higher speeds becomes a major challenge. High data rates increase susceptibility to interference and heat generation. Effective thermal management solutions and advanced materials are required to ensure reliability. These engineering challenges add complexity to system design and integration, slowing time-to-market for new products.

• Complexity in Integration with Diverse Systems:
  PCIe must integrate seamlessly across a wide range of systems, from servers and storage to automotive and telecom equipment. This diversity introduces interoperability and compatibility challenges that vendors must address. Developing standardized solutions across industries is critical for adoption. Until integration becomes smoother, deployment complexity remains a hurdle.

• Competition from Alternative Interconnect Technologies:
  While PCIe is dominant, it faces competition from alternative interconnect standards like NVLink and proprietary solutions developed by major players. These alternatives offer performance advantages in specialized applications. As such, PCIe vendors must continuously innovate to maintain their competitive edge. The coexistence of multiple interconnect technologies can fragment the market and complicate adoption strategies.

PCIe Market Segmentation

By Generation

• PCIe 3.0

• PCIe 4.0

• PCIe 5.0

• PCIe 6.0

By Component

• Processors

• GPUs and Accelerators

• Storage Devices (SSDs, NVMe)

• Networking Cards

• Switches and Retimers

By Application

• Data Centers and Cloud Computing

• High-Performance Computing (HPC)

• Automotive and ADAS

• Telecom and 5G Infrastructure

• Consumer Electronics

• Industrial and Edge Computing

By End-User Industry

• Cloud Service Providers

• Semiconductor Companies

• Telecom Operators

• Automotive OEMs

• Enterprises

• Research and Defense Institutions

By Region

• North America

• Europe

• Asia-Pacific

• Rest of the World (ROW)

Leading Key Players

• Intel Corporation

• Advanced Micro Devices, Inc. (AMD)

• NVIDIA Corporation

• Broadcom Inc.

• Marvell Technology Group

• IBM Corporation

• Microchip Technology Inc.

• Synopsys, Inc.

• Texas Instruments Incorporated

• Cadence Design Systems, Inc.

Recent Developments

• Intel introduced PCIe 5.0-enabled server platforms targeting hyperscale cloud and AI workloads.

• AMD expanded its EPYC processors with PCIe 5.0 support for data-intensive applications.

• NVIDIA enhanced its GPU architecture with optimized PCIe connectivity for AI acceleration.

• Broadcom launched PCIe switches and retimers supporting next-generation data center infrastructures.

• Marvell unveiled new PCIe storage controllers designed for NVMe SSDs with ultra-fast response times.

This Market Report will Answer the Following Questions

• How many PCIe devices are manufactured per annum globally? Who are the sub-component suppliers in different regions?

• Cost Breakdown of a Global PCIe solution and Key Vendor Selection Criteria

• Where is the PCIe manufactured? What is the average margin per unit?

• Market share of Global PCIe market manufacturers and their upcoming products

• Cost advantage for OEMs who manufacture Global PCIe in-house

• Key predictions for next 5 years in the Global PCIe market

• Average B2B PCIe market price in all segments

• Latest trends in the PCIe market, by every market segment

• The market size (both volume and value) of the PCIe market in 2025–2031 and every year in between

• Production breakup of the PCIe market, by suppliers and their OEM relationship