It is plausible that the global namespace is gunked up with several thousand declarations after including various C headers, to a point where std::meta::members_of(^^::) would be unable to form a std::vector that holds the reflections. For example, when targeting a 16-bit architecture, the max_size() of a std::vector may be relatively low, such as ~32K, but the compiler (especially when cross-compiling) could be capable of storing that many declarations internally.
A note may be helpful guidance to implementations in this case. Notably, it would be valid to refuse translation due to implementation limits being exceeded, but it wouldn't be valid to throw std::bad_alloc and let the user handle it.