Press release
Global High Bandwidth Memory (HBM) Market to Reach $7.78 Billion by 2029, Growing at 26.8% CAGR
High Bandwidth Memory HBM Market
The high-bandwidth memory (HBM) market is primed for growth, spurred forward by an escalating demand for advanced computation capabilities, known as high-performance computing (HPC). HPC deploys sophisticated tech facilities to conduct intricate tasks at unparalleled speed and scope, exceeding the limits of conventional computing. HBM enhances HPC by enabling quicker, more streamlined data access for processors. This is achieved by stacking memory dies vertically in a single package, resulting in a significant boost to bandwidth and a decrease in latency, thus improving the computational performance of applications dealing with large data quantities. A concrete example could be the announcement by the US Department of Energy in January 2023. They allocated $1.8 million for six projects intended to raise energy efficiency and productivity in the manufacturing sector by harnessing the HPC resources of U.S. National Laboratories. These innovative initiatives applied HPC to tackle manufacturing dilemmas, streamline processes, and promote environmentally-friendly energy, with an emphasis on carbon emissions reduction in the steelmaking process, improving additive manufacturing for lower CO2 output, and enhancing battery production for electric vehicles. Hence, the mounting demand for HPC serves as a key driver for the growth of the HBM market.
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What is the projected compound annual growth rate (CAGR) of the high bandwidth memory (hbm) market from 2025 to 2034, and what factors influence it?
The market size of high bandwidth memory (HBM) has experienced a remarkable growth in the past years. It is forecasted to expand from a valuation of $2.36 billion in 2024 to reach up to $3 billion in 2025, growing at a compound annual growth rate (CAGR) of 27.3%. The previous growth in this field can be accredited to advancements in the GPU sector, the advent of big data and analytics, the rise of artificial intelligence (AI) and machine learning (ML), the increasing complexity of work-related tasks, and the escalated demand in the high-performance computing (HPC) sector.
In the coming years, the high bandwidth memory (HBM) market is projected to experience extraordinary growth, reaching a value of $7.78 billion in 2029 with a compound annual growth rate (CAGR) of 26.8%. Several factors contribute to this predicted growth in the forecast period such as the implementation of 5G networks, the swift progression in edge computing, growing incorporation of internet of things (IoT), advancements in artificial intelligence and deep learning, and the expanding virtual reality (VR) and augmented reality (AR) market. The forecast period is also set to witness significant trends like the inclusion in self-driving vehicles, the spread in data center applications, growth in the gaming industry, improvements in mobile technology, and breakthroughs in wearable tech.
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How are the latest trends influencing the growth of the high bandwidth memory (hbm) market?
Leading businesses in the high-bandwidth memory market are concentrating on the development of innovative products such as sustainable data center processors to improve performance and energy efficiency. These processors are specifically engineered to maximize energy efficiency and reduce the environmental footprint in data centres. For example, in January 2023, Intel Corporation, an American semiconductor computer circuit manufacturer, introduced the 4th Gen Xeon Scalable processors (also known as Sapphire Rapids), the Xeon CPU Max Series (Sapphire Rapids HBM), and the Data Center GPU Max Series (Ponte Vecchio). These groundbreaking offerings provide clients with substantial improvements in data center performance, efficiency, security, and new AI, cloud, network, edge, and high-performance supercomputing capabilities.
What are the major segments of the high bandwidth memory (hbm) market and their role in driving growth?
The high bandwidth memory (HBM) market covered in this report is segmented -
1) By Memory Type: Hybrid Memory Cube (HMC), High-Bandwidth Memory (HBM)
2) By Type: HBWPIM, HBM3, HBM2E, HBM2
3) By Application: Servers, Networking, Consumer, Automotive, Other Applications
Subsegments:
1) By Hybrid Memory Cube (HMC): HMC 1.0, HMC 2.0, HMC 3.0
2) By High-Bandwidth Memory (HBM): HBM1, HBM2, HBM2E, HBM3
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Which regions are key players in the growth of the high bandwidth memory (hbm) market?
North America was the largest region in the high bandwidth memory (HBM) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high bandwidth memory (HBM) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the high bandwidth memory (hbm) market?
Major companies operating in the high bandwidth memory (HBM) market are Samsung Electronics Co. Ltd, Intel Corporation, International Business Machines (IBM) Corporation, Qualcomm Incorporated, SK Hynix Inc., Fujitsu Limited, Micron Technology Inc., Nvidia Corporation, Toshiba Corporation, Advanced Micro Devices Inc., Western Digital Corporation, STMicroelectronics SA, Renesas Electronics Corporation, Powerchip Technology Corporation, Cypress Semiconductor Corporation, Nanya Technology Corporation, Macronix International Co., Ltd., Silicon Motion Technology Corporation, Transcend Information Inc., Integrated Silicon Solution Inc. (ISSI), Adata Technology Co. Ltd., Netlist Inc., Open Silicon Inc., Micronet Ltd., Winbond Electronics Corporation
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What Is Covered In The High Bandwidth Memory (HBM) Global Market Report?
•Market Size Forecast: Examine the high bandwidth memory (hbm) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the high bandwidth memory (hbm) market for a structured understanding.
•Key Players Overview: Analyze major players in the high bandwidth memory (hbm) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the high bandwidth memory (hbm) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the high bandwidth memory (hbm) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the high bandwidth memory (hbm) market.
•Industry Challenges: Identify potential risks and obstacles affecting the high bandwidth memory (hbm) market.
•Competitive Landscape: Review strategic developments in the high bandwidth memory (hbm) market, including expansions, agreements, and new product launches.
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