The hybrid memory cube (HMC) market was valued at USD 838.6 million in 2019 is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to its benefit over the traditional DRAM memory technologies such as DDR3, DDR4, and GDDR5.
HMC is a high-performance (RAM) random access memory interface for TSV (through-silicon via) based stacked (DRAM) dynamic random access memory. HMC is practical substitute for traditional DRAM owing to their applications which includes high bandwidth, small form factor and cheap price. HMC in GPUs (Graphics Processing Unit) is estimated to boost its performance, as it is able to control shortage of bandwidth which is behind the performance of GPUs. The manufacturing industry of DRAM is anticipated to face drastic challenges in the near future as it would witness the evolution of HMC.
The Covid-19 pandemic had an unpleasant impact on the hybrid memory cube market. The production has been on halt and both the demand and supply ware affected. The market suffered significant loss; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.
Market Trends, Drivers, Restraints, and Opportunities
- Positive impact of HMC for telecommunication and network technology is expected to drive the demand for hybrid memory cube.
- HMC plays a curtail role in the evolution and rising performance of new generation computers.
- Introduction and application of 5G network is projected to fuel the market growth.
- Rising demand for high scalable, low power consumption and high bandwidth memory devices is estimated to propel the market demand of HMC and directly expand the market growth.
- Expeditious innovations in switching, transmitting, analyzing, retrieving and processing information telecommunication sector, is likely to influence the growth of market growth of HMC.
- Manufacturing challenges and fabrication in market place are projected to impede the market growth.
- R&D investment and technological advancement in hybrid memory cube market are expected to offer lucrative opportunities for the market players.
Scope of the Report
The report on the hybrid memory cube market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Hybrid Memory Cube Market-Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Category (Central Processing Unit, Field-Programmable Gate Array, Graphics Processing Unit, Application-Specific Integrated Circuit and Accelerated Processing Unit) Application (Enterprise Storage, Telecommunication & Networking and Other)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Micron Technology, Intel, Xilinx, Fujitsu, Semtech, Open Silicon, NXP Semiconductors, Achronix Semiconductor and Tekstart
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Market Segment insights
The Graphics Processing Unit segment is projected to constitute a large market share
Based on category, the hybrid memory cube market is segregated into central processing unit, field-programmable gate array, graphics processing unit, application-specific Integrated circuit and accelerated processing unit. The graphics processing unit segment is expected to account for a key share of the market during the forecast period owing to its application in the evolution and boosting the performance of next-generation computers; however, APUs (accelerated processing unit) is anticipated to expand at a rapid pace during the forecast period due to its utilization in meeting the requirements of high-performance computing. APUs integrates both GPU and CPU capabilities on a single SoC.
Enterprise storage segment is expected to register a substantial CAGR
Based on application, the hybrid memory cube market is divided into enterprise storage, telecommunication & networking and others. The enterprise storage segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to its rapid demand with the rising technological advancements in modern devices. A majority of the products available in the market with the HMC technology are storage products. However, telecommunication & networking segment is projected to grow over the forecast period due to the introduction of 5G network in the near future.
Asia Pacific is expected to dominate the market
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to expand at a robust CAGR during the forecast period. The rising demand for enterprise storage in data centers technological innovation backed by strong economic growth in this region are anticipated to boost the market growth over the coming years.
Segments
Segments Covered in the Report
The hybrid memory cube market has been segmented on the basis of
Production
- Central Processing Unit
- Field-Programmable Gate Array
- Graphics Processing Unit
- Application-Specific Integrated Circuit
- Accelerated Processing Unit
Applications
- Enterprise Storage
- Telecommunication & Networking
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Companies
- Micron Technology
- Intel
- Xilinx
- Fujitsu
- Semtech
- Open Silicon
- NXP Semiconductors
- Achronix Semiconductor
- Tekstart
Competitive Landscape
Key players competing in the hybrid memory cube market include Micron Technology, Intel, Xilinx, Fujitsu, Semtech, Open Silicon, NXP Semiconductors, Achronix Semiconductor and Tekstart.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instances,
September 2018 – A field trial conducted by Fujitsu for a memory expansion technology in India-based Sify Technologies Ltd's data center. This memory expansion trial stated that by applying this technology to a server, a system performance equivalent to that of 10 servers can be achieved. As a result, the system performance was improved up to 3.6 times.
