Global High-bandwidth Memory Market 2018-2022 to Post a CAGR of 32% | Technavio
LONDON--(BUSINESS WIRE)--Jul 10, 2018--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 .
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180710005764/en/
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 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.
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.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket sizing Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at .
View source version on businesswire.com:https://www.businesswire.com/news/home/20180710005764/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA SOUTH AMERICA AFRICA MIDDLE EAST
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 07/10/2018 11:35 AM/DISC: 07/10/2018 11:35 AM