Hybrid Memory Cube (HMC) and High-bandwidth Memory (HBM) Market worth 3,842.5 Million USD by 2023
According to the new research report "Hybrid Memory Cube (HMC) and High-bandwidth Memory (HBM) Market by Memory Type (HMC and HBM), Product type (GPU, CPU, APU, FPGA, ASIC), Application (Graphics, High-performance Computing, Networking, Data Centers), and Geography - Global Forecast to 2023", the HMC and HBM market is expected to grow from USD 922.7 in 2018 to USD 3,842.5 Million by 2023, at a CAGR of 33.02% between 2018 and 2023.
The growth of this market is mainly driven by the growing need for high-bandwidth, low power consuming, and highly scalable memories; increasing adoption of artificial intelligence; and rising trend of miniaturization of electronic devices.
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The market for HMC accounted for the largest share in 2017
HMC offers higher bandwidth than HBM. Moreover, the primary application that HMC serves is high-performance computing, which is gaining traction owing to the developments in artificial intelligence and machine learning. HMC also acts as a far memory and supports capability expansion through the chaining process which is attached to the CPU for a maximum of eight cubes. This ensures scalability which is demanded in high-performance computing. All these factors are supporting the adoption of the HMC technology.
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The market for APU is expected to grow at the highest CAGR during the forecast period
The market for APU is expected to grow at the highest rate during the forecast period. An HBM-based APU is a recent innovation by AMD (US) developed to meet the requirements of high-performance computing. APUs integrate both GPU and CPU capabilities on a single SoC. This further improves the overall energy efficiency of APUs by eliminating connections between chips. APUs can also be used for graphics applications. Moreover, AMD (US), the leading manufacturer of APUs, demonstrated an APU with integrated HBM and stacked non-volatile memory cells. This will also serve to drive the adoption of APUs in computing applications.
High-performance computing held the largest market size in 2017
High-performance computing has gained traction in the last few years owing to the various developments in artificial intelligence and machine learning. The increasing computational power in the cloud and advancements in sophisticated algorithms are driving the adoption of artificial intelligence by several companies. Along with improvements in AI algorithms, an increasing number of hardware solutions also need advanced devices, which will drive the demand for high-performing memory and processors. Intel (US) has already integrated deep-learning instructions in its Xeon and Xeon Phi processors which use the HMC technology.
The APAC market is expected to grow at the highest CAGR during the forecast period
The major drivers for the rapid growth of the HMC and HBM market in the APAC are the growing number of data centers and servers, increasing shipments of network equipment, and the rising number of manufacturing activities in the enterprise storage and consumer electronics sectors. The strong economic growth and growing demand for high-density memories is expected to drive the HMC and HBM market in the APAC region.
Samsung (South Korea), Micron (US), SK Hynix (South Korea), Intel (US), and AMD (US) are the major players included in the report with ranking analysis.
The report also covers various major contributors involved in the HMC and HBM market. Fujitsu (Japan), Xilinx (US), NVIDIA (US), IBM (US), and Open-Silicon (US) are the other important key companies in the HMC and HBM market. In addition, Arira (US), Cadence (US), Marvell (US), Cray (US), ARM (UK), and Rambus (China) are a few other companies involved in the market.
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