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High Bandwidth Memory Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global High Bandwidth Memory Market- (By Product– Central Processing Unit, Field-Programmable Gate Array, Graphics Processing Unit, Application-Specific Integrated Circuit and Others; By Application- High-Performance Computing (HPC), Networking and Client Space, Data Centers and Others; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 22-Mar-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0322178
    Delivery: 2 to 4 Hours
High Bandwidth Memory Market

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Report AttributeDetails
Market Size Value in 2021US$ 233.4 Mn
Expected Revenue in 2027US$ 1,197 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
Segments coveredBy Product, Application, and Region
Key CompaniesAdvanced Micro Devices, Inc., SK Hynix Inc., Micron Technology, Inc., Rambus Inc., Xilinx, Inc., and other prominent players.
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High bandwidth memory plays a significant role in data centers, as it fuels analytics engines and help train the next wave of AI algorithms and also solve the challenges of storing, moving and analyzing data rapidly and efficiently.

Global High Bandwidth Memory Market is studied from 2017-2027. 

The growth rate of global high bandwidth memory market is 31.3%, with an estimated value of US$ 1,197 Million by 2027. 

North America held the major share in terms of revenue in the global high bandwidth memory market in 2021. 

Factors such as rising need for better speed and greater bandwidth among industries and increasing proliferation of cloud-based solutions drives the growth in the global high bandwidth memory market.

Complications associated with error solving process is a restraining factor which inhibits the growth of the market during the forecast period.

Product, application and region are the different segments of the global high bandwidth memory market.

The data center application segment leads the market in 2021 due to the growing number of data center across the world coupled with increasing demand for fast delivery of information (bandwidth).

The HBM is better than the GDDR as it takes lower power consumption and provides substantially more bandwidth as compared to the GDDR memory which is used in graphic cards for gaming.

UK is expected to project the highest CAGR in the Europe High Bandwidth Memory Market during the forecast period.

End-users such as consumer electronics, automotive and commercial sectors are driving the need for greater interconnection in order to gain new efficiencies by scaling the digital capabilities of their IT infrastructure and reducing costs.

The key players operating in the market include Advanced Micro Devices, Inc., SK Hynix Inc., Micron Technology, Inc., Rambus Inc., Xilinx, Inc., Open-Silicon, Inc., NEC Corporation, Cadence Design Systems, Inc., Intel Corporation and Samsung Electronics Co., Ltd. among others.