The high bandwidth memory hbm market has seen considerable growth due to a variety of factors.
• Recent years have seen an exponential growth in the market size for high bandwidth memory (HBM). The market is predicted to rise from $2.36 billion in 2024 to $3 billion in 2025, a compound annual growth rate (CAGR) of 27.3%.
The growth in previous years has been driven by advancements in graphics processing units (GPUs), the rise of big data and analytics, wider adoption of artificial intelligence (AI) and machine learning (ML), the increasing complexity of workloads, and a higher demand in high-performance computing (HPC).
The high bandwidth memory hbm market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipated exponential expansion is predicted in the high bandwidth memory (HBM) market in the coming years. This sector is projected to reach $7.78 billion by 2029, with a compound annual growth rate (CAGR) of 26.8%.
The augmenting growth during the forecast period is due to factors such as the proliferation of 5G networks, the substantial increase in edge computing, growing demand for internet of things (IoT), advances in artificial intelligence and deep learning, and expansion of virtual reality (VR) and augmented reality (AR) Market. Other promising trends within this period include implementation in self-driving vehicles, escalation in data center applications, progress in the gaming sector, improvements in mobile devices, and developments in wearable technology.
The surge in need for high-performance computing (HPC) is projected to stimulate the expansion of the high-bandwidth memory (HBM) market. HPC encompasses the application of superior computing technologies and systems for executing intricate tasks at unprecedented speeds and volumes beyond the scope of conventional computing. HBM is employed in HPC to offer speedy and more efficient data accessibility for processors by vertically stacking memory modules on one package, which substantially boosts bandwidth and reduces latency, thereby enhancing the computational efficacy of data-heavy applications. For instance, the Department of Energy, a Government department in the U.S., announced the allocation of $1.8 million towards six projects aimed at enhancing energy efficiency and productivity in the manufacturing sector, making use of the impressive HPC resources at the U.S. National Laboratories in January 2023. These schemes harnessed the power of HPC to tackle manufacturing hurdles, fine-tune processes, and contribute towards a greener energy future, with the emphasis on decreasing carbon emissions during steel production, enhancing additive manufacturing for lower CO2 emissions, and perfecting battery manufacturing for electric vehicles. Hence, the escalating demand for high-performance computing (HPC) is propelling the growth of the high-bandwidth memory (HBM) market.
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
Leading businesses in the high-bandwidth memory market are prioritising the creation of innovative products such as environmentally friendly data center processors to improve efficiency and performance. These processors are specifically made to enhance energy efficiency and lessen the environmental footprint of data centers. An example of this is when Intel Corporation, a semiconductor computer circuit producer based in the US, introduced 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) in January 2023. These new launches offer customers considerable improvements in data center performance, efficiency, and security, along with novel abilities in AI, cloud, network, edge, and high-performance supercomputing.
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
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.