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.
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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.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Hybrid Memory Cube Market Report Segment
By End-user Industry
- Enterprise Storage
- Telecommunications and Networking
- Other End-user Industries
By Application
- High-Performance Computing (HPC)
- Networking
- Data Centres
- Graphics
Global Hybrid Memory Cube Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global hybrid memory cube market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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