DUBLIN--(BUSINESS WIRE)--The "Hybrid Memory Cube (HMC) and High-bandwidth Memory (HBM) Market by Memory Type (HMC and HBM), Product type (GPU, CPU, APU, FPGA, ASIC), Application, and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
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.
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.
- Growing Need for High-Bandwidth, Low Power Consuming, and Highly Scalable Memories
- Increasing Adoption of Artificial Intelligence
- Rising Trend of Miniaturization of Electronic Devices
- Thermal Issues Caused By High Levels of Integration
- High Demand for Cloud-Based Services
- Growing Big Data
- Design Complexities Associated With HMC and HBM
- Ecosystem Development
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 HMC and HBM Market, By Memory Type
7 HMC and HBM Market, By Product Type
8 HMC and HBM Market, By Application
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- Advanced Micro Devices
- SK Hynix
For more information about this report visit https://www.researchandmarkets.com/research/3c2jfh/global_3_84?w=4