logo

Search

Jan 11, 2024

GDDR6 market is estimated to reach $262.1 million in 2022 with a CAGR of 24.7% from 2023 to 2030

The GDDR6 Market has risen in prominence in recent years as the latest generation of graphics memory providing elite speeds and feeds for advanced graphics processing applications. GDDR6, or Graphics Double Data Rate 6, represents a significant leap in performance, power efficiency and density compared to predecessor GDDR5 technology. With data-intensive workloads like gaming, AI, computer vision and high-performance computing gaining momentum, GDDR6 has become the gold standard memory solution for GPUs and accelerators that require massive memory bandwidth.

First introduced in 2018 by leading memory manufacturers Samsung and Micron, GDDR6 delivers twice the data rate speeds per pin and reduced power consumption compared to GDDR5. This is achieved through innovations in high speed signaling, programmable preamble training, voltage scaling and multi-bank architectures. GDDR6 operates at 16Gbps per pin initially, doubling the 8Gbps speeds of GDDR5. This enables total memory bandwidth up to 768GB/s on high end graphics cards and accelerators requiring immense throughput.

Key demand drivers for GDDR6 include the gaming industry’s insatiable need for faster rendering and higher resolutions, rapid growth in AI and deep learning workloads leveraging GPUs, rollout of 5G networks and associated infrastructure requiring high performance computing, and development of immersive technologies like augmented/virtual reality and the metaverse. Top suppliers like Samsung, SK Hynix and Micron are investing in scaling up production capacities to meet surging GDDR6 demand across consumer and enterprise segments.

According to our research, the global GDDR6 market was valued at USD 12.3 billion in 2021, and is projected to expand at a CAGR of 22.7% from 2022 to 2027, reaching USD 36.2 billion. Factors fueling this rapid growth include proliferation of high-end gaming PCs and GPUs, new console launches by Sony and Microsoft, AI/deep learning acceleration, autonomous vehicle sensor processing, and networking/telecom infrastructure upgrades. While GPUs account for majority GDDR6 consumption currently, new applications are expected to drive diversity.

GDDR6 represents the vanguard of graphics memory technology, providing the extreme bandwidth critical for bleeding-edge visualization, artificial intelligence, and 5G edge processing. Ongoing enhancements to speed and power efficiency will further bolster GDDR6’s position as the preferred memory solution for GPU-centric computing. With demand forecast to surge across multiple industries, GDDR6 promises to play an instrumental role in unlocking next-generation immersive experiences and data-driven insights. Leading memory suppliers continue aggressively ramping up production and capacity to meet this thriving market’s massive growth potential through the decade.

Drop us an email at:

inquiry@metastatinsight.com

Call us on:

+1 214 613 5758

+91 73850 57479