out of store while compiling

Note: This was originally posted on 24th June 2010 at http://forums.arm.com

I got this error while compiling a large file.

Error: C3048U: out of store while compiling with -g. Allocation size was 20770816, system size is 653640852.

Is this due to compiler limitation?
How do you increase the allocation size?

Thanks,
-a
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