Global High bandwidth Memory
Market Report
2024
High Bandwidth Memory Market size is USD 2514.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 26.20% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global high bandwidth memory market size is USD 2514.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 26.20% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global High bandwidth Memory Market Sales Revenue 2024 | $ 2514.2 Million |
Global High bandwidth Memory Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 26.2% |
North America High bandwidth Memory Market Sales Revenue 2024 | $ 1005.68 Million |
North America High bandwidth Memory Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 24.4% |
Europe High bandwidth Memory Market Sales Revenue 2024 | $ 754.26 Million |
Europe High bandwidth Memory Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 24.7% |
Asia Pacific High bandwidth Memory Market Sales Revenue 2024 | $ 578.27 Million |
Asia Pacific High bandwidth Memory Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 28.2% |
South America High bandwidth Memory Market Sales Revenue 2024 | $ 125.71 Million |
South America High bandwidth Memory Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 25.6% |
Middle East and Africa High bandwidth Memory Market Sales Revenue 2024 | $ 50.28 Million |
Middle East and Africa High bandwidth Memory Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 25.9% |
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List of Competitors |
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Regional Analysis |
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Key Qualitative Information Covered |
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High bandwidth Memory Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
High-bandwidth memory, or HBM, is a fast computer memory interface for 3D-stacked SDRAM that is typically utilized with supercomputers, network devices, and high-performance graphics accelerators. The increasing demand for high-bandwidth, low-power, and highly scalable memories, the expanding use of artificial intelligence, and the growing trend of electronic device shrinking are the main drivers propelling the growth of the high bandwidth memory market. Additionally, as graphical applications rise, so does the demand for quick information transport, or bandwidth. Because HBM memory outperforms GDDR5, which was previously utilized, in terms of performance and power efficiency, the market for high bandwidth memory is expected to rise.
November 2022: Intel Corporation has introduced two state-of-the-art solutions for artificial intelligence (AI) and high-performance computing (HPC) as part of the Intel Max Series product family: the Intel Data Center GPU Max Series (code-named Ponte Vecchio) and the Intel Xeon CPU Max Series (code-named Sapphire Rapids HBM). The new products are intended to power Argonne National Laboratory's upcoming Aurora supercomputer.
(Source: https://channeldrive.in/microprocessor/hpc-and-ai-intel-unveils-max-series-product-family/)
After the HBM standard was originally released, ten years later, 2.5 generations were available on the market.Synopsys reports that throughout that time, the amount of data created, captured, copied, and consumed increased dramatically, rising from 2 zettabytes in 2010 to 64.2 ZB in 2020. Synopsys predicts that by 2025, the quantity will have increased by almost three times, to 181 ZB. In 2016, HBM2 raised both the capacity and signaling rate to 256 GB/s and 2 Gbps, respectively. Two years later, HBM2E hit the market and eventually achieved data rates of approximately 460 GB/s and 3.6 Gbps. Performance in computing has been and will continue to be greatly aided by higher memory bandwidth. As a result, both the need for performance and the advanced applications' constant bandwidth requirements are increasing. Thus, driving the market growth.
One of the prevailing trends in the consumer electronics industry is the growing need for electronics that are lighter, smaller, and more efficient. This phenomenon is commonly referred to as the shrinking of electronics and components. Buying products with many functions on a single platform is now feasible due to the rapid improvements in technology. Another innovation that necessitates fewer electrical components is memory chips, which require thinner and smaller form factors to conserve space. Applications of high-speed, highly integrated autonomous cars clearly show that reduced space consumption and improved electrical performance are needed. Because of these considerations in the final product design, high bandwidth memory becomes more important when building modern electronic systems.
HBM is a powerful variant of an ultra-bandwidth solution, but it is also fairly pricey due to the product's complexity. HBM2 has a high cost. Assuming a high yield and a USD 20 adjustment, GDDR5 is almost three times more expensive than this. HBM has certain disadvantages in terms of cost, capacity, and application complexity, even though it exceeds GDDR in terms of high bandwidth and applicability. Because of this, GDDR and HBM are being implemented by numerous graphic card manufacturers in various application fields. Chipmakers have made it quite clear that HBM3 makes sense in systems that contain an interposer, like a chipset-based design that has already used a silicon interposer for that reason. Therefore, market growth will be constrained by high prices and design challenges associated with HBM.
The market for high bandwidth memory has been impacted by Covid-19 in a number of ways. Production and delivery of HBM goods were first delayed due to problems in the worldwide supply chain and manufacturing procedures. Some of the early disappointments were countered, though, by the pandemic's spike in demand for cloud computing, data centers, and high-performance computing (HPC), which raised the need for HBM solutions to service these industries. All things considered, the pandemic sped up the adoption of HBM in a number of applications, such as artificial intelligence, gaming, and automobiles, as businesses looked to improve their capacity to manage online activities, digital entertainment, and remote work.
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The market for high bandwidth memory is extremely fragmented due to its intense competition and multiple prominent players. The main sources of sustainable competitive advantage in this industry are market penetration, innovation, and competitive strategy power.
April 2023: A 12-layer HBM3 was developed, according to SK Hynix, and samples were made available to customers like AMD. The latest model, which is packaged in the same size as its predecessor but has an industry-leading 24 GB memory capacity, demonstrates the company's technological dominance in the market.
January 2022: The JEDEC Solid State Technology Association upgraded the High Bandwidth Memory (HBM) DRAM standard, which may be downloaded from the JEDEC website, to JESD238 HBM3. HBM3 is a state-of-the-art technique for increasing data processing speed for high-performance computing, graphics processing, and server applications where a solution's ability to operate commercially depends on its capacity per area, reduced power consumption, and higher bandwidth.
Top Companies Market Share in High bandwidth Memory Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the high bandwidth memory market in 2024 and accounted for around 40% of the global revenue fueled by the expansion of applications for high-performance computing (HPC), which need high-bandwidth memory solutions to analyze data quickly. In North America, the demand for HPC is also being driven by rising needs for Al, machine learning, and cloud computing. Higher data generation across industries and rapidly evolving technologies necessitate the development of more effective processing systems. North American memory manufacturing firms, like Intel, are looking for ways to expand their production in order to provide high-bandwidth memory (HBM) compatibility for next-generation CPUs like Sapphire Rapids.
The Asia Pacific is anticipated to be the fastest-growing region in the high bandwidth memory market in the forecast period. The requirement for higher bandwidth and faster speeds across sectors, along with the growing popularity of cloud-based solutions, are some of the factors propelling the expansion of the high bandwidth memory market in Asia Pacific. Increased connectivity is required to obtain new efficiencies by extending the digital capabilities of their IT infrastructure and cutting costs, and end-users including consumer electronics, the automotive industry, and the commercial sector are driving this requirement. The telecom sector is also observing a need for more speed and bandwidth.
The current report Scope analyzes High bandwidth Memory Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global high bandwidth memory market size was estimated at USD 2514.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1005.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.4% from 2024 to 2031. The high adoption rate of HBM in North America can be attributed mostly to the rapid growth of high-performance computing (HPC) applications, which require high-bandwidth memory solutions for fast data processing. North America's need for HPC is being driven by the growing markets for cloud computing, artificial intelligence, and machine learning. The HPC sector also directly boosts the US economy. A positive net trade balance is produced by the HPC industry. The majority of the microprocessors utilized in the world's most advanced HPC machines were developed in the United States, regardless of which firms constructed the HPC systems.
According to Cognitive Market Research, with a market value of USD 2514.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 24.7% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 754.26 million. The main driver of the market's expansion in the region is the increase in the creation of high-performance computing (HPC) applications, which call for high-transmission capacity memory solutions for quick data processing. Due to the presence of numerous important players and sophisticated technological infrastructure, the Germany and United kingdom are the main contributors to the growth of the high bandwidth memory market in Europe. Moreover, higher bandwidth memory solutions are needed for automotive applications because to the rise in in-car entertainment systems, augmented reality displays, and sophisticated graphics in order to provide seamless user experiences.
According to Cognitive Market Research, the global High bandwidth memory market size was estimated at USD 2514.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 578.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.2% from 2024 to 2031 due to the increased demand for high-speed data and other low-latency applications, as well as the expanding investments in improving infrastructure. The area is home to a number of developing economies, such as China, Japan, and India, who are rapidly adopting cutting-edge technology like big data analytics, IoT, and artificial intelligence. The expansion of the market in the area is being further fueled by favourable government initiatives and the increased attention that industry participants are paying to these countries. However, in the Asia Pacific High Bandwidth Memory industry, the automotive segment has grown rapidly due to a number of factors. There is a growing need for high-performance computing solutions in cars due to the advancement of advanced driver assistance systems (ADAS) and driverless vehicles.
According to Cognitive Market Research, the global High bandwidth memory market size was estimated at USD 2514.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 125.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.6% from 2024 to 2031 influenced by a number of variables. Faster data processing speeds are necessary for applications like artificial intelligence, machine learning, and data analytics, which are driving up demand for high-performance computing (HPC) systems. The need for HBM and other high-speed memory solutions has also been fueled by the expansion of gaming and virtual reality applications in the area. Additionally, it is anticipated that the market in Latin America will continue to rise due to the integration of HBM in cutting-edge technologies like IoT devices and driverless cars. In addition, significant growth has been observed in the high bandwidth memory market in Latin America, especially in the data centers segment. Demand for HBM has increased dramatically due to the growing need for high-performance computing (HPC) solutions in data centers, which is being driven by the adoption of artificial intelligence (AI) and machine learning (ML) technologies as well as the growth of cloud computing services.
According to Cognitive Market Research, the global High bandwidth memory market size was estimated at USD 2514.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 50.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.9% from 2024 to 2031. The adoption of HBM technology is being driven by the growing need for applications of artificial intelligence (AI) and high-performance computing (HPC) in industries including healthcare, finance, and automotive. These sectors depend heavily on data-intensive operations, therefore it becomes critical to have memory solutions like HBM that are quicker and more effective. Furthermore, the need for HBM is being driven by the widespread use of sophisticated graphics processing units (GPUs) in virtual reality, gaming, and cryptocurrency mining applications. HBM provides superior bandwidth and power efficiency in comparison to conventional memory systems. Moreover, within the high bandwidth memory industry in the Middle East and Africa (MEA), the consumer products category is growing at a significant rate. HBM technology is becoming more and more popular because to the growing need for high-performance computing (HPC) applications in consumer electronics including VR gadgets, smartphones, and game consoles.
Global High bandwidth Memory Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing High bandwidth Memory Industry growth. High bandwidth Memory market has been segmented with the help of its Type, Application Technology, and others. High bandwidth Memory market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, graphics processing unit (GPU) category held a prominent market share motivated by the growing need in a variety of application fields for high-performance computing solutions. Additionally, the requirement for GPUs with greater memory bandwidth to process huge datasets efficiently has been driven by the growing need for artificial intelligence (AI) and high-performance computing (HPC) applications. Furthermore, in order to provide immersive gaming experiences, the rise of cutting-edge gaming technologies like virtual reality (VR) and augmented reality (AR) has increased demand for GPUs with improved memory capacity.
Central processing unit (CPU) is the fastest-growing category over the forecast period. The demand for advanced memory solutions like HBM is growing as CPUs continue to innovate and require larger bandwidth and quicker data transfer rates. Particularly in applications like artificial intelligence, high-performance computing, and data centers, HBM's substantially increased bandwidth when compared to older memory architectures makes it a good fit for managing the current CPU's growing computational demands.
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According to Cognitive Market Research, graphics category held the major market share over the forecast period. High memory bandwidth graphics cards are becoming more and more necessary to provide fluid and engaging gaming experiences as graphics-intensive games and virtual reality (VR) experiences gain in popularity. This need is satisfied by HBM technology, which provides better performance than conventional memory options.
Data centers is the fastest-growing category over the forecast period. The market is expanding due to the world's expanding data center count as well as the rising need for bandwidth, or the ability to send information quickly. For data centers, high bandwidth memory is essential since it allows for quicker data transfer rates and better system performance.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the High bandwidth Memory market report 2024 Edition by contacting our team.
According to Cognitive Market Research, HBM2 category held a prominent market share. More bandwidth, more capacity, and more energy efficiency are just a few of the benefits that HBM2 has over its predecessors. These developments have accelerated the adoption of HBM2 in a number of applications, including networking devices, graphics cards, high-performance computing (HPC), and artificial intelligence (AI).
HBM1 is the fastest-growing category over the forecast period driven by the widespread use of HBM1 technology in many applications. In comparison to conventional memory solutions, HBM1, the initial version of HBM technology, offers faster data transfer speeds and more energy efficiency. HBM1's adoption is further fueled by its tiny form factor, which enables more effective integration in devices with limited space.
According to Cognitive Market Research, automotive category held a prominent market share. Due to the development of ADAS integration and self-driving cars, among other factors, the automotive industry is seeing a wide range of uses for high bandwidth memory. High-bandwidth memory expansion is supported by the use of high-performance memory, which has been spurred by advancements in the automobile industry.
IT and telecommunication is the fastest-growing category over the forecast period. The push for HBM adoption comes from the growing need for high-performance computing (HPC) applications in data centers and cloud computing facilities. The increasing prevalence of data-intensive tasks necessitates memory systems that can keep up with processing demands. Because of its high bandwidth and energy efficiency, HBM is an appealing option.
According to Cognitive Market Research, the distributors category held a prominent market share. In order to efficiently distribute HBM products to a variety of industries, distributors operate as a middleman between manufacturers and end users. A number of variables contribute to their share of the market's growth. HBM makers can reach a wide range of customers in various industries and geographical areas by utilizing distributors who offer extensive market reach. This wide range of application improves market penetration and opportunity for income creation.
Direct sales is the fastest-growing category over the forecast period. Direct sales channels provide effective distribution and direct client interaction in light of the growing need for high-performance memory solutions across a range of applications, including artificial intelligence, data centers, and graphics processing units.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Disclaimer:
Type | Graphics Processing Unit (GPU), Central Processing Unit (CPU), Accelerated Processing Unit (APU) |
Application | Graphics, High-performance Computing, Networking, Data Centers |
Technology | HBM1, HBM2, HBM3, HBM4 |
Industry | IT & Telecommunication, Automotive, Healthcare, Industrial, Consumer Goods |
Sales Channel | Direct Sales, Distributors |
List of Competitors | Micron Technology Inc., Intel Corporation, Samsung Electronics Co. Ltd, Fujitsu Limited, Xilinx Inc., Advanced Micro Devices Inc., Open Silicon Inc., SK Hynix Inc., Nvidia Corporation |
This chapter will help you gain GLOBAL Market Analysis of High bandwidth Memory. Further deep in this chapter, you will be able to review Global High bandwidth Memory Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America High bandwidth Memory Market Trends North America High bandwidth Memory Technological Road Map North America High bandwidth Memory Market Drivers North America High bandwidth Memory Market Restraints North America High bandwidth Memory Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Technology Analysis 2019 -2031
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Chapter 13 Market Split by Industry Analysis 2019 -2031
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Chapter 14 Market Split by Sales Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global High bandwidth Memory market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Graphics Processing Unit (GPU) have a significant impact on High bandwidth Memory market? |
What are the key factors affecting the Graphics Processing Unit (GPU) and Central Processing Unit (CPU) of High bandwidth Memory Market? |
What is the CAGR/Growth Rate of Graphics during the forecast period? |
By type, which segment accounted for largest share of the global High bandwidth Memory Market? |
Which region is expected to dominate the global High bandwidth Memory Market within the forecast period? |
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