RLJ Lodging Trust
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Small Cap ValueCompany profile

RLJ Lodging Trust is a self-administered real estate investment trust. The Company is engaged in the acquisition of focused-service and compact full-service hotels. As of September 6, 2018, the Company owned 152 hotels with 29,490 rooms, located in 26 states and the District of Columbia, and an interest in one mortgage loan secured by a hotel. Its hotels' brand affiliations include Residence Inn, Courtyard, SpringHill Suites, Fairfield Inn & Suites, Marriott, Renaissance, Hilton Garden Inn, Hampton Inn/Hampton Inn & Suites, Embassy Suites, DoubleTree, Homewood Suites, Hilton, Hyatt House, Hyatt Place and Hyatt/Hyatt Centric. Its operating partnership is RLJ Lodging Trust, L.P. Its properties include Courtyard San Francisco, Courtyard Boulder Longmont, Residence Inn Longmont Boulder, DoubleTree Grand Key Resort, Courtyard Atlanta Buckhead, Courtyard Chicago Southeast Hammond, Courtyard Louisville Northeast, DoubleTree Hotel Columbia and Residence Inn Detroit Novi.

Closing Price
$26.61
Day's Change
0.01 (0.04%)
Bid
--
Ask
--
B/A Size
--
Day's High
26.66
Day's Low
26.59
Volume
(Below Average)
Volume:
30,617

10-day average volume:
35,579
30,617

Non-volatile Memory Express (NVMe) Market to Expand at 28% CAGR till 2027-end due to Rising Need for Advanced Products - TMR

12:30 pm ET August 7, 2019 (Globe Newswire) Print

Transparency Market Research (TMR) finds that the global non-volatile memory express market is taking shape of a highly competitive vendor landscape. Additionally, these players are focusing on the collaboration mainly for improving the areas such as marketing, sales, and production. These players are also focusing on the adoption of organic methods and investments in order to increase production capacity of the plants to meet rising demand from customers. Some of the key players in the global non-volatile memory express (NVMe) market include Broadcom Inc., Cisco, IBM, Dell, Intel Corporation, Micron Technology, Inc., Marvell, Microsemi, Oracle, NetApp, Samsung, Western Digital Corporation, and Toshiba Corporation.

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Asia Pacific to Remain Dominant in the Coming Years

Regionally, the market is dominated by the Asia Pacific region and is estimated to remain dominant in the coming years owing to rising penetration of SSDs (solid state drives) in the region. Further, the rising demand for the cloud-based technologies as well as hyperscale technology in the region benefits the market growth. The developed countries are mature markets for the technology; thus, the key players are increasingly focusing to expand their business across developing regions including South America, the Middle East & Africa, and Asia Pacific by knowing potential opportunities in the global non-volatile memory express (NVMe) market.

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Non-volatile memory express (NVMe) is an interface between the host as well as data storage, which creates a command set for SSDs. The PCIe (peripheral component interconnect express) based SSDs are aimed to enhance performance and interoperability of a broad range of enterprises and clients. Additionally, the NVMe has low power consumption by offering high output that results in improved performance for command handling. This improved performance of devices is boosting market growth and is likely to be key factor driving growth of the global non-volatile memory express (NVMe) market.

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Rising Digitalization Boosts the Market Growth

According to analysts at TMR, the global non-volatile memory express (NVMe) market is estimated to expand at a CAGR of 28% during the forecast period. Additionally, rising usage of SSDs are creating robust opportunities so that the market is likely to grab a value of US$159 bn by 2027 from a value accumulated in 2018 of US$19 billion. Further, with high population density, a surge in penetration of smartphones and other electrics devices globally, and especially in developing countries is boosting non-volatile memory express (NVMe) market. Additionally, reliance on digitalization to achieve business growth globally and in developing countries is propelling growth of the global non-volatile memory express (NVMe) market.

Moreover, the concerns over high cost of software and hardware, which are adopted by enterprises along with high cost of technological innovations, are restraining growth of the global non-volatile memory express (NVMe) market to a certain extent. Nevertheless, the efficiency, productivity, flexibility, and comfort of using the software with cloud computing will witness growth opportunities in coming years. Further, the enterprises are increasingly availing cloud services issues such as cyber security, quality control, and handling big data, which has boosted the uptake of cloud service providers to key end users of NVMe. This could offer robust opportunities for growth in coming years. Further, the key players are trying to get leverage from the advancements occurring in non-volatile memory express (NVMe) and is likely to fuel market growth in coming years.

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This information is encompassed in the report by TMR, titled, "Non-volatile Memory Express (NVMe) Market (Component: Hardware (SSD, AIC, QAT, Storage Server, NVMeoF Cards, PCIe Connections, and Others) and Software; Communication Standard: Ethernet, Fiber Channel, and InfiniBand Network; Deployment Location: On-premise, Public Cloud, Private Cloud, and Co-lo Datacenters; Application: OLTP, OLAP, Cloud Services, Caching, Primary Storage, Data Virtualization, and Others; and End User: Hyperscale (Facebook, Amazon, Microsoft, Google, Tencent, Alibaba, and Baidu), Cloud Service Providers, and Enterprise/Traditional On-premises Datacenters) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027."

For the study, the non-volatile memory express (NVMe) market has been segmented as follows:

Component

-- Hardware

-- Software

Communication Standard

-- Ethernet

-- Fiber Channel

-- Infiniband Network

Deployment Location

-- On-premise

-- Public Cloud

-- Private Cloud

-- Co-lo Datacenters

Application

-- OLTP

-- OLAP

-- Cloud Services

-- Caching

-- Primary Storage

-- Data Virtualization

-- Others

End User

-- Hyperscale

-- Cloud Service Providers

-- Enterprises/ Traditional On-premises Datacenters

Geography

-- North America

    -- U.S.

    -- U.S.

    -- Rest of North America

    -- Europe

      -- U.K.

      -- U.K.

      -- Germany

      -- France

      -- Italy

      -- Rest of Europe

      -- Asia Pacific

        -- China

        -- China

        -- Japan

        -- India

        -- Rest of Asia Pacific

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        About Us

        Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

        Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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