Global High-bandwidth Memory Market 2018-2022 to Post a CAGR of 32% | Technavio

The global high-bandwidth memory market is expected to post a CAGR of
more than 32% during the period 2018-2022, according to the latest
market research report by Technavio.

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Technavio has published a new market research report on the global high-bandwidth memory market from 2018-2022. (Graphic: Business Wire)

A key factor that will drive the market is the increasing demand for
HPC. HPC systems are used for tasks that cannot be resolved using
conventional computing. With the increasing interest in big data and the
rapid increase in data centers has led to an increase in demand for HPC
systems as they are required for processing large amounts of information.

This market research report on the global
high-bandwidth memory market 2018-2022 provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

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In this report, Technavio highlights the growth of AI as one of the key
emerging trends in the global high-bandwidth memory market:

Global high-bandwidth memory market: Growth of
AI

The development in neural networks, deep learning, and AI algorithms has
increased exponentially. The number of pilot programs and
proof-of-concepts conducted by firms in the field of AI is increasing.
Large-scale commercial deployments of AI technology are taking place
across the globe. The primary reason for the success of AI is that
numerous tasks can be designed to work optimally using AI. Moreover, AI
applications are driven by data and can be easily measured and
benchmarked. This allows firms to derive a lot of insights from a large
amount of data captured.

“Several firms have released numerous AI applications. For instance,
Google Translate became more accurate with the deployment of a DNN
platform in 2017. Amazon offers AI-powered voice assisted Alexa through
its product Amazon Echo. To support the growth of AI, compatible
hardware and software capable of running numerous AI algorithms is
required. These algorithms are data intensive, and thus require memory
that can support high bandwidth and exhibit low latency,” says a
senior market research analyst at Technavio.

Global high-bandwidth memory market:
Segmentation analysis

This market research report segments the global high-bandwidth memory
market by application (graphics, high-performance computing, and others)
and geographical regions (APAC, EMEA and the Americas).

The market was dominated by the graphics segment in 2017, which
accounted for a market share of more than 50% followed by the HPC
segment.

The Americas led the market in 2017 with a market share of more than
48%, followed by APAC and EMEA respectively. The market share of the
Americas is expected to increase by close to 6% over the forecast period
while the other two regions will see a decrease in their respective
market shares.

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Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

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research and analysis focuses on emerging market trends and provides
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180710005764/en/

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