The above issue you encountered with is because the plugin that you are trying to install is higher than the default set PHP limits on your hosting account.
In this case, to solve the problem, I can recommend you this solution.
We shall be going through how easily step by step you can change the PHP limits for your account.
Step 1: Log in to Dashboard and control panel
First of all, make sure that you are logged in to the dashboard, and then go ahead and log in to the hosting control panel.
Step 2 : Click on Select PHP version button
Select or you can search " Select PHP version" as well.
After clicking select PHP version, click on the options button available next which will open the screen to edit PHP settings.
Step 3: Edit the Options as per Your applications requirements
Finally, Click on the Options button and then scroll down and you should be able to find various directives altering which you can change the PHP limits of your account.
Simply increase the limits as per your needs.
We hope this solves the issue. Do not hesitate to let us know if the issue is still unresolved.