Hybrid Memory Cube (HMC) Global Market Report 2024

The hybrid memory cube (hmc) market size has grown exponentially in recent years. It will grow from $1.34 billion in 2023 to $1.69 billion in 2024 at a compound annual growth rate (CAGR) of 25.9%. The expansion during the historical period can be attributed to the increasing demand for high-performance computing, the growth in data-intensive applications, a rising need for energy-efficient memory solutions, the expansion of cloud computing, and the demand for faster data processing.

The hybrid memory cube (hmc) market size is expected to see exponential growth in the next few years. It will grow to $3.93 billion in 2028 at a compound annual growth rate (CAGR) of 23.6%. The anticipated growth in the forecast period can be attributed to the expansion of 5G networks, a rising demand for data analytics, an increase in data center traffic, the adoption of edge computing, and the growth in virtual and augmented reality applications. Key trends expected in the forecast period include the development of advanced memory architectures, the increasing use of 3D stacking technology, a focus on low-power memory solutions, the integration of memory and logic functions, and a rising demand for memory solutions in autonomous vehicles.

The anticipated growth of the hybrid memory cube (HMC) market is expected to be driven by the increasing demand for mobility and cloud services. Cloud services, encompassing a wide array of on-demand services delivered over the Internet, play a pivotal role in supporting the HMC market. These services provide scalable and efficient data processing and storage capabilities, facilitating the seamless integration of high-performance memory solutions across various applications and industries. For example, statistics from the Australian Bureau of Statistics in June 2023 indicate that 85% of enterprises in Australia reported utilizing information and communication technologies (ICTs), with 59% of these technologies related to cloud computing. This highlights the significant impact of cloud services on the HMC market, fueled by the increasing demand for mobility and cloud-based solutions.

The burgeoning gaming industry is poised to contribute to the growth of the hybrid memory cube (HMC) market. The gaming industry, encompassing businesses involved in creating, developing, marketing, and distributing video games, is a key driver for HMC adoption. Hybrid Memory Cube technology addresses memory challenges in modern gaming, enhancing the gaming experience by making games more immersive, responsive, and visually stunning. Projections from the World Economic Forum estimate the gaming sector to reach a value of $321 billion by 2026. This underscores the substantial growth potential for the HMC market, driven by the rising prominence of the gaming industry.

A notable trend in the HMC market is the ongoing technological advancement in hybrid memory cubes. Major companies in the semiconductor market are introducing innovative products incorporating HMC technology to maintain their competitive positions. Hybrid Memory Cube technology involves combining multiple DRAM dies and a logic layer into a single package, providing enhanced performance and capabilities. For instance, in May 2021, International Business Machines Corporation (IBM) launched LinuxONE III Express, featuring a no-mainboard design with independent hybrid memory cube (HMC) support. This reflects a broader trend where semiconductor companies are leveraging HMC technology to enhance efficiency, adaptability, and performance across diverse applications in the rapidly evolving technological landscape.

Continuing with this trend, winbond, a Taiwan-based Specialty memory IC company, introduced the CUBE Architecture for Powerful Edge AI Devices in September 2023. CUBE architecture enhances 3D and 2.5D/3D chip structures, offering power efficiency, superior performance, compact size, and cost-effectiveness, positioning it for applications such as wearables, surveillance, ADAS, and co-robots. This innovation underscores the commitment to advancement and collaboration for industry progress in the HMC market.

In February 2022, Advanced Micro Devices Inc. (AMD) acquired Xilinx Inc. for $49 billion. This acquisition aims to expand AMD's footprint in connected devices and data-intensive applications with embedded AI, leveraging Xilinx's Hybrid Memory Cube (HMC) technology. Xilinx Inc. is a US-based technology company specializing in the development and implementation of HMC technology.

Major companies operating in the hybrid memory cube (hmc) market report are Samsung Electronics Co. Ltd., Intel Corporation, The International Business Machines Corporation, SK Hynix Inc., Broadcom Corporation, SAP SE, Fujitsu Ltd., NVIDIA Corporation, Hewlett Packard Enterprise Development LP, Toshiba Corporation, Micron Technologies Inc., Advanced Micro Devices (AMD) Inc., Texas Instruments Inc., Western Digital Technologies Inc., Infineon Technologies AG, Marvell Technology Group, Cadence Design Systems Inc., Arm Limited, Semtech Corporation, Rambus Inc., Achronix Semiconductor Corporation, eASIC Corporation, Open Silicon Inc., Arira Design Inc., DTDS Technology Pte Ltd.

North America was the largest region in the hybrid memory cube (HMC) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hybrid memory cube (hmc) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hybrid memory cube (hmc) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary product types within Hybrid Memory Cubes (HMC) include 2 GB, 4 GB, and 8 GB. The term 2GB denotes a standard unit of measurement for the size of computer memory or storage devices, equivalent to approximately 2 billion bytes. These memory cubes are utilized in various applications such as graphics processing units (GPU), central processing units (CPU), accelerated processing units (APU), field-programmable gate arrays (FPGA), and application-specific integrated circuits (ASIC). They cater to end-users spanning enterprise storage, telecommunications, networking, and others.

The hybrid memory cube market research report is one of a series of new reports that provides hybrid memory cube market statistics, including hybrid memory cube industry global market size, regional shares, competitors with a hybrid memory cube market share, detailed hybrid memory cube market segments, market trends, and opportunities, and any further data you may need to thrive in the hybrid memory cube industry. This hybrid memory cube market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The hybrid memory cube (HMC) market consists of sales of memory modules, graphics cards, high-performance computing systems, and network equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.