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 estimated to grow at a CAGR of 33.02% between 2018 and 2023.”
The HMC and HBM market is emerging and is expected to grow further in the coming years. The market for HMC and HBM is likely to be valued at USD 922.7 million in 2018 and USD 3,842.5 million by 2023, at a CAGR of 33.02% between 2018 and 2023. The factors that drive the market growth include 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. However, thermal issues caused by high level of integration restrict the growth of the HMC and HBM market.
“Market for HBM expected to grow at the higher CAGR during the forecast period.”
Currently, the major application of HBM is graphics. With improved specifications, HBM has started gaining traction in high-performance computing, cloud computing, and networking; the adoption of the HBM technology in these applications is further expected to increase in the coming years. Moreover, HBM is priced at a lower cost than HMC; this has encouraged companies to integrate HBM in their high-end products.
“Market for CPU accounted for the largest share in 2017.”
The high market share of CPUs is due to their significant adoption in high-performance computing, especially in data centers. HMCs have been developed for this particular application to support advanced and intensive real-time operation. CPU plays a critical role in deterring how content can be handled. More the applications and content utility more processing capability is required in CPU. Therefore, advanced CPUs widely adopt the HMC and HBM technology to increase the performance of CPUs for servers rather than increasing the number of CPUs. The leading player in the CPU market, Intel (US) offers processors with inbuilt HMC, serving a large market of HPC and data centers.
“Market for graphics application expected to grow at the highest CAGR during the forecast period.”
A majority of the products available in the market with the HBM technology are GPU products. HBM was initially adopted in GPUs specifically for graphics applications. For instance, AMD (US) developed the HBM technology along with SK Hynix (South Korea) to be used in GPUs. Along with GPUs, APUs have also been introduced in the market that are increasingly being used for gaming applications. The increasing adoption of HMC and HBM in gaming is largely due to the increasing requirements to process more pixels for larger screens and support higher compute rates for more stabilization to support high-end gaming.
“Market in North America accounted for the largest share in 2017.”
The high adoption of HMC and HBM memories in North America is largely attributed to the growth in high-performance computing (HPC) applications that require high-bandwidth memory solutions for fast data processing. The demand for HPC in North America is growing owing to the increasing market for AI, machine learning, and cloud computing. In addition, major HPC-based CPU and processor providers, such as Intel, are based in North American countries. Other key tech companies such as Google, Amazon, and Microsoft are headquartered in the US and have served to drive the demand for high-performing CPUs in servers and supercomputers.
Breakdown of the profile of primary participants:
• By Company: Tier 1 = 32%, Tier 2 = 51%, and Tier 3 = 17%
• By Designation: C-level Executives = 27%, Directors = 41%, and Others = 32%
• By Region: North America = 40%, Europe = 16%, APAC = 38%, and RoW = 6%
Major players profiled in this report include:
• Micron (US)
• Samsung (South Korea)
• SK Hynix (South Korea)
• Intel (US)
• AMD (US)
• Fujitsu (Japan
• IBM (US)
• NVIDIA (US)
• Xilinx (US)
• Open-Silicon (US)
The study segments in the HMC and HBM market report include memory type—HMC and HBM; product type— graphics processing unit, central processing unit, accelerated processing unit, field-programmable gate array, application-specific integrated circuit. The study also covers applications and geographic forecast of the market size for various segments with regard to four main regions—North America, Europe, APAC, and RoW.
Reasons to buy the report
The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the HCM and HBM market comprehensively and provides the closest approximations of the overall market size and those of the subsegments across different applications and regions.
2. The report gives the detailed analysis of the HMC and HBM market with the help of competitive landscape and value chain analysis, including the key companies in the market and their relations in the ecosystem.
3. The report helps stakeholders understand the pulse of the market and provides them the information on key drivers, restraints, challenges, and opportunities pertaining to the HMC and HBM market.