HMC market is anticipated to grow at a considerable CAGR of 24.6% during the forecast period. HMC is a memory architecture, developed by Micron in 2011. It was developed in response to the high-bandwidth, high-efficiency memory requirements of multi-core processing in supercomputing and advanced network systems. It reduces latency, increases bandwidth, and offers efficient power, a smaller physical footprint, along with built-in reliability. As a result, HMC finds extensive applications in enterprise storage, telecommunications, and networking. These are used in the fields of consumer electronics and high-performance computing. The growth in the end-use application of the technology is expected to significantly drive the market globally. Initially, HMCs were used in supercomputers and high-speed servers; however, HMC memory is expected to migrate to all types of computing devices.
Moreover, HMC consumes less energy-per-bit than conventional DRAM-based memory systems. This, coupled with the rising utilization of big data applications, such as business analytics, scientific computing, financial transactions, and social networking globally, is propelling the growth of the market. Hybrid memory cube memory provides 15 times more bandwidth than conventional DDR3 DRAM modules and draws 70% less energy.
Segmental Outlook
The global hybrid memory cube market is segmented based on its end-user industry, and application. Based on its End-user Industry, the market is segmented into enterprise storage, telecommunications and networking, and other end-user industries. Further, based on the application, the market is segmented into high-performance computing (HPC), networking, data centers, and graphics. Among the application segment, HPC is anticipated to hold a prominent market share.
Among the application segments, the HPC sub-segment is expected to hold a prominent market share over the forecast period owing to the growing adoption of AI in retail, manufacturing, transportation, financial institution, and healthcare sectors. An HMC is designed for applications requiring low-energy, high-bandwidth access to memory, which is the most important requirement for supercomputers. Hybrid memory cubes are being increasingly used for HPC, which can be termed as the set of distributed and parallelization techniques used to connect computing units to perform more complex tasks at a higher growth rates.
Regional Outlooks
The global hybrid memory cube market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American regional market is expected to cater to a prominent share of the market. However, the Asia-Pacific region is projected to experience considerable growth over the forecast period.
Global Hybrid Memory Cube Market Growth, by Region 2022-2028
North America is Expected to Hold a Prominent Share of the Global Hybrid Memory Cube (HMC) Market
Among all the regions, North America is expected to hold a prominent share in the global hybrid memory cube market owing to the shifting focus of businesses towards digitalization, growing demand for machine learning (ML) & cloud computing, and rapid growth in HPC applications that require high-bandwidth memory solutions for fast data processing. For instance, in May 2021, the US Department of Energy revealed funding worth $3.0 million for HPC resources to support manufacturers in streamlining their processes, increasing their productivity, and shrinking their carbon footprint. Through this HPC for manufacturing program solicitation, selected teams will work with the most powerful supercomputers and the US National Laboratory experts.
Market Players Outlook
The major companies serving the global hybrid memory cube market include Advanced Micro Devices, Inc. (Xilinx), IBM Corp., Intel Corp., Micron Technology, Inc., Samsung Electronics Co. Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in 2019, Semtech Corp. completed the electrical compliance testing of its Snowbush 28nm Platform Physical Layer IP, in support of the HMC specification for ultra-fast, next-generation memory.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segmentation
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Development
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Hybrid Memory Cube Market by End-user Industry
4.1.1. Enterprise Storage
4.1.2. Telecommunications and Networking
4.1.3. Other End-user Industries
4.2. Global Hybrid Memory Cube Market by Application
4.2.1. High-Performance Computing (HPC)
4.2.2. Networking
4.2.3. Data Centres
4.2.4. Graphics
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Advanced Micro Devices, Inc. (Xilinx)
6.2. Altera Corp.
6.3. Cadence Design Systems, Inc.
6.4. Fujitsu Ltd.
6.5. IBM Corp.
6.6. Intel Corp.
6.7. Micron Technology, Inc.
6.8. Open Silicon Inc. (SiFive)
6.9. RAMBUS
6.10. Samsung Electronics Co. Ltd.
6.11. Semtech Corp.
1. GLOBAL HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2021-2028 ($ MILLION)
2. GLOBAL HYBRID MEMORY CUBE FOR ENTERPRISE STORAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL HYBRID MEMORY CUBE FOR TELECOMMUNICATIONS AND NETWORKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL HYBRID MEMORY CUBE FOR OTHER END-USER INDUSTRIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
6. GLOBAL HYBRID MEMORY CUBE IN HIGH-PERFORMANCE COMPUTING (HPC) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL HYBRID MEMORY CUBE IN NETWORKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL HYBRID MEMORY CUBE IN DATA CENTRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL HYBRID MEMORY CUBE IN GRAPHICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. NORTH AMERICAN HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
14. EUROPEAN HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. EUROPEAN HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2021-2028 ($ MILLION)
16. EUROPEAN HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
17. ASIA-PACIFIC HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. REST OF THE WORLD HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. REST OF THE WORLD HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2021-2028 ($ MILLION)
22. REST OF THE WORLD HYBRID MEMORY CUBE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL HYBRID MEMORY CUBE MARKET SHARE BY END-USER INDUSTRY, 2021 VS 2028 (%)
2. GLOBAL HYBRID MEMORY CUBE FOR ENTERPRISE STORAGE MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL HYBRID MEMORY CUBE FOR TELECOMMUNICATIONS AND NETWORKING MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL HYBRID MEMORY CUBE FOR OTHER END-USER INDUSTRIES MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL HYBRID MEMORY CUBE MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
6. GLOBAL HYBRID MEMORY CUBE IN HIGH-PERFORMANCE COMPUTING (HPC) MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL HYBRID MEMORY CUBE IN NETWORKING MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL HYBRID MEMORY CUBE IN DATA CENTRES MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL HYBRID MEMORY CUBE IN GRAPHICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL HYBRID MEMORY CUBE MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. US HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
12. CANADA HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
13. UK HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
14. FRANCE HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
15. GERMANY HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
16. ITALY HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
17. SPAIN HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
18. REST OF EUROPE HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
19. INDIA HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
20. CHINA HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
21. JAPAN HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
22. SOUTH KOREA HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF ASIA-PACIFIC HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF THE WORLD HYBRID MEMORY CUBE MARKET SIZE, 2021-2028 ($ MILLION)