Market size and growth rate of HBM

The global High Bandwidth Memory (HBM) market size was valued at USD 789.3 million in 2022. It is estimated to reach USD 2.52 billion in 2024 and is projected to grow significantly to USD 7.95 billion by 2029, with a compound annual growth rate (CAGR) of 25.86% during the forecast period. Additionally, SK Hynix forecasts that the AI chip boom will drive the HBM market to grow at a compound annual growth rate of 82% by 2027, indicating a rapid expansion in the coming years.

Players of HBM

The key players in the High Bandwidth Memory (HBM) market include Micron Technology Inc., Samsung Electronics Co. Ltd., SK Hynix Inc., Intel Corporation, Fujitsu Limited, Advanced Micro Devices Inc., and Xilinx Inc. These companies are actively involved in the development and production of various generations of HBM technology, such as HBM, HBM2, HBM2E, HBM3, and HBM3E.

Largest HBM Players

The largest players in the High Bandwidth Memory (HBM) market are SK Hynix, Samsung, and Micron. SK Hynix stands out as the largest manufacturer of High Bandwidth Memory globally, holding a significant market share of about 50%.

What is the Market share of HBM players

The market share of High Bandwidth Memory (HBM) players in 2022 was as follows:

• SK Hynix: 50%
• Samsung: 40%
• Micron: 10%