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.
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Market Coverage
- Market number available for – 2022-2029
- Base year- 2021
- Forecast period- 2022-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Hybrid Memory Cube (HMC) Market Segmentation
By End-user Industry
- Enterprise Storage
- Telecommunications and Networking
- Other End-user Industries
By Application
- High-Performance Computing (HPC)
- Networking
- Data Centres
- Graphics
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Advanced Micro Devices, Inc. (Xilinx)
- Altera Corp.
- Cadence Design Systems, Inc.
- Fujitsu Ltd.
- IBM Corp.
- Intel Corp.
- Micron Technology, Inc.
- Open Silicon Inc. (SiFive)
- RAMBUS
- Samsung Electronics Co. Ltd.
- Semtech Corp.
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