Product Code: MRFR/ICT/10696-CR
Market Overview
Next Generation Computing Market is anticipated to register a significant CAGR of 16.7% during the review period.
The interest in next-generation computing has seen a momentous flood lately as organizations and associations across different ventures look to bridle the groundbreaking capability of arising advances. With the remarkable development of information and the rising intricacy of computational undertakings, there is a squeezing need for more impressive and proficient computing arrangements.
This developing interest has energized critical interests in research, improvement, and execution of trendy computing advances, for example, quantum computing, computerized reasoning (computer-based intelligence), AI, and elite execution computing (HPC). Organizations, state run administrations, and scholarly establishments the same are emptying assets into these areas to open new abilities and drive advancement.
Quantum computing, specifically, has arisen as an outskirt's innovation with the possibility to reform ventures going from money and medical care to coordinated operations and materials science. As quantum PCs vow to handle complex issues that are right now recalcitrant for old style PCs, interest in quantum computing research and foundation has heightened around the world.
Market Segmentation
Based on Computing Type, the Next Generation Computing Market is segmented into Cloud Computing, High-Performance Computing, Edge Computing, Energy Efficiency Computing, Memory-Driven Computing, Neuromorphic computing, Optical Computing, Quantum Computing, Approximate and Probabilistic Computing, and Others.
Based on the component, the Market is classified into Hardware, Software, and Services. In terms of Deployment Type, the Next Generation Computing Market segmentation includes Cloud and On-Premises. By the Organization Size, the Market is divided into Large Enterprises and SME.
Based on the End-Use, the Next Generation Computing Market is categorized into IT & Telecom, BFSI, Retail, Healthcare, Aerospace & Defense, Manufacturing, Energy & Utilities, Media & Entertainment, Automotive & Transportation, and Other End-Use.
Regional Insights
North America is anticipated to register a notable compound annual growth rate. With a noteworthy compound annual growth rate (CAGR) of 15.79%, North America's market is expected to increase from $241,182 million in 2023 to $902,541 million by 2032, indicating its leadership in next-generation computing technology. Significant investments in edge computing, cloud computing, and artificial intelligence (AI) support this ascent. Widespread digital transformation activities across multiple industries benefit the region, which has a developed technological environment that promotes innovation and entrepreneurship.
The second-largest market share is held by the European market. In Europe, a steady growth trajectory is observed in the adoption of next-generation computing technologies, with market values increasing from $186,722 million in 2023 to $679,248 million by 2032, achieving a CAGR of 15.43%. Initiatives cantered on Industry 4.0, smart cities, and digitalization are driving this rise, along with investments in AI, data analytics, and cybersecurity.
The Asia-Pacific region is a significant growing market for next-generation computing, with market values projected to reach $793,237 million by 2032 from $167,272 million in 2023, a phenomenal compound annual growth rate of 18.88%. Rapid urbanization, rising internet penetration, and a thriving ecosystem of digital startups have propelled China, Japan, and South Korea to the forefront of AI research and development.
Major Players
Key Companies in the Next Generation Computing market include IBM corporation, NVIDIA Corporation, Alphabet Inc., Microsoft, Advanced Micro Devices, Inc, Atos SE, Intel Corporation, Hewlett Packard Enterprise Development LP, Cisco Systems, Inc., Amazon Web Services, Inc., Dell Inc., Alibaba Group Holding Limited, Oracle Corporation, NEC Corporation, and Agilent Technologies.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 INCREASING NEED TO PROCESS AND MANAGE LARGE DATA VOLUMES AND COMPLEX WORKLOADS.
- 4.2.2 GROWING RESEARCH AND DEVELOPMENT (R&D) ACTIVITIES IN TECHNOLOGY COMPANIES
- 4.2.3 INCREASE IN DEMAND FOR NEXT-GEN COMPUTING FROM MEDICAL RESEARCH
- 4.2.4 QUANTUM CRYPTOGRAPHY FUELLING NEXT-GEN COMPUTING
- 4.2.5 DRIVERS IMPACT ANALYSIS
- 4.3 RESTRAINTS
- 4.3.1 HIGH OPERATIONAL CHALLENGES
- 4.3.2 ISSUES REGARDING STABILITY AND ERROR CORRECTION
- 4.4 OPPORTUNITIES
- 4.4.1 INCREASING ADOPTION OF TECHNOLOGIES SUCH AS AI, ML, ANDG 35
- 4.4.2 INCREASE IN USE OF ON-PREMISES NEXT-GENERATION COMPUTING FOR BUSINESSES
- 4.4.3 SURGE IN DEMAND FOR CLOUD SERVICES
- 4.5 CHALLENGES
- 4.5.1 LACK OF SKILLED WORKFORCE
- 4.5.2 HIGH ENERGY CONSUMPTION
- 4.6 MARKET & TECHNOLOGY TRENDS
- 4.6.1 RISE IN INVESTMENTS IN NEXT-GEN COMPUTING TECHNOLOGY
- 4.6.2 AI FOR NEXT GENERATION COMPUTING
- 4.6.3 GROWING INTREST IN EDGE COMPUTING
- 4.6.4 ADVANCEMENTS IN SERVERLESS COMPUTING
- 4.6.5 GROWING HYBRID AND MULTICLOUD SETUPS
- 4.7 IMPACT ANALYSIS OF COVID ON NEXT GENERATION COMPUTING 40
- 4.7.1 IMPACT ON OVERALL ICT INDUSTRY
- 4.7.2 IMPACT ON THE SUPPLY CHAIN OF NEXT GENERATION COMPUTING
- 4.7.2.1 PRICE VARIATION OF KEY RAW MATERIAL
- 4.7.2.2 PRODUCTION SHUTDOWN
- 4.7.2.3 CASH FLOW CONSTRAINTS
- 4.7.2.4 IMPACT ON IMPORT/EXPORT
- 4.7.3 IMPACT ON MARKET DEMAND OF NEXT GENERATION COMPUTING
- 4.7.3.1 IMPACT DUE TO RESTRICTION/LOCKDOWN
- 4.7.3.2 CONSUMER SENTIMENTS
5 MARKET FACTOR ANALYSIS
- 5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RESEARCH & DEVELOPMENT
- 5.1.2 TECHNOLOGY PROVIDERS
- 5.1.3 SYSTEM INTEGRATORS & SOLUTION PROVIDERS
- 5.1.4 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS)
- 5.1.5 CHANNEL PARTNERS & DISTRIBUTORS
- 5.1.6 END USERS
- 5.2 MARKET SWOT ANALYSIS
- 5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 BARGAINING POWER OF SUPPLIERS
- 5.3.3 THREAT OF SUBSTITUTES
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF RIVALRY
- 5.4 MARKET PESTLE ANALYSIS
- 5.4.1 POLITICAL
- 5.4.2 ECONOMICAL
- 5.4.3 SOCIAL
- 5.4.4 TECHNOLOGICAL
- 5.4.5 LEGAL
- 5.4.6 ENVIRONMENTAL
- 5.5 REGULATORY STANDARDS & OUTLOOK
- 5.5.1 PRIVACY AND DATA PROTECTION
- 5.5.2 CYBERSECURITY AND INFORMATION SECURITY
- 5.5.3 INTELLECTUAL PROPERTY RIGHTS (IPR):
- 5.5.4 STANDARDS AND INTEROPERABILITY:
- 5.6 CURRENT MARKET DEVELOPMENT & PROSPECTS
- 5.7 FUTURE TECHNOLOGY INNOVATIONS
6 MAJOR GRANTED PATENTS (2021 -2023)
7 GLOBAL NEXT GENERATION COMPUTING MARKET, BY TYPE
- 7.1 INTRODUCTION
- 7.2 CLOUD COMPUTING
- 7.3 HIGH-PERFORMANCE COMPUTING
- 7.4 EDGE COMPUTING
- 7.5 ENERGY EFFICIENCY COMPUTING
- 7.6 MEMORY-DRIVEN COMPUTING
- 7.7 NEUROMORPHIC COMPUTING
- 7.8 OPTICAL COMPUTING
- 7.9 QUANTUM COMPUTING
- 7.10 APPROXIMATE AND PROBABILISTIC COMPUTING
- 7.11 OTHER COMPUTING
8 GLOBAL NEXT GENERATION COMPUTING MARKET, BY COMPONENT
- 8.1 INTRODUCTION
- 8.2 HARDWARE
- 8.3 SOFTWARE
- 8.4 SERVICES
9 GLOBAL NEXT GENERATION COMPUTING MARKET, BY ORGANIZATION SIZE
- 9.1 INTRODUCTION
- 9.2 LARGE ENTERPRISE
- 9.3 SMALL AND MEDIUM ENTERPRISE
10 GLOBAL NEXT GENERATION COMPUTING MARKET, BY DEPLOYMENT
- 10.1 INTRODUCTION
- 10.2 CLOUD
- 10.3 ON-PREMISES
11 GLOBAL NEXT GENERATION COMPUTING MARKET, BY END-USE
- 11.1 INTRODUCTION
- 11.2 IT AND TELECOM
- 11.3 BFSI
- 11.4 RETAIL
- 11.5 HEALTHCARE
- 11.6 AEROSPACE AND DEFENSE
- 11.7 MANUFACTURING
- 11.8 ENERGY AND UTILITIES
- 11.9 MEDIA AND ENTERTAINMENT
- 11.10 AUTOMOTIVE AND TRANSPORTATION
- 11.11 OTHER END-USE (RESEARCH, EDUCATION, GOVERNMENT, AND OTHERS)
12 GLOBAL NEXT GENERATION COMPUTING MARKET, BY REGION
- 12.1 OVERVIEW
- 12.2 NORTH AMERICA
- 12.2.1 U.S.
- 12.2.2 CANADA
- 12.2.3 MEXICO
- 12.3 EUROPE
- 12.3.1 GERMANY
- 12.3.2 FRANCE
- 12.3.3 ITALY
- 12.3.4 SPAIN
- 12.3.5 U.K.
- 12.3.6 ROE
- 12.4 ASIA-PACIFIC
- 12.4.1 CHINA
- 12.4.2 JAPAN
- 12.4.3 INDIA
- 12.4.4 SOUTH KOREA
- 12.4.5 AUSTRALIA AND NEW ZEALAND
- 12.4.6 ROAPAC
- 12.5 MIDDLE EAST AND AFRICA
- 12.5.1 SAUDI ARABIA
- 12.5.2 UAE
- 12.5.3 SOUTH AFRICA
- 12.5.4 ROMEA
- 12.6 SOUTH AMERICA
- 12.6.1 BRAZIL
- 12.6.2 ARGENTINA
- 12.6.3 ROSA
13 COMPETITIVE LANDSCAPE
- 13.1 INTRODUCTION
- 13.2 MARKET SHARE ANALYSIS
- 13.3 COMPETITIVE BENCHMARKING
- 13.4 MAJOR GROWTH STRATEGY IN THE MARKET
- 13.5 RECENT DEVELOPMENTS
- 13.5.1 NEW PRODUCT DEVELOPMENT
- 13.5.2 MERGER AND ACQUISTION
- 13.5.3 CONTRACTS & AGREEMENTS
- 13.5.4 EXPANSIONS & INVESTMENTS
14 COMPANY PROFILES
- 14.1 IBM CORPORATION.
- 14.1.1 COMPANY OVERVIEW
- 14.1.2 FINANCIAL OVERVIEW
- 14.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.1.4 KEY DEVELOPMENTS
- 14.1.5 SWOT ANALYSIS
- 14.1.6 KEY STRATEGIES
- 14.2 ALPHABET INC.
- 14.2.1 COMPANY OVERVIEW
- 14.2.2 FINANCIAL OVERVIEW
- 14.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.2.4 KEY DEVELOPMENTS
- 14.2.5 SWOT ANALYSIS
- 14.2.6 KEY STRATEGIES
- 14.3 AMAZON WEB SERVICES, INC.
- 14.3.1 COMPANY OVERVIEW
- 14.3.2 FINANCIAL OVERVIEW
- 14.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.3.4 KEY DEVELOPMENTS
- 14.3.5 SWOT ANALYSIS
- 14.3.6 KEY STRATEGIES
- 14.4 MICROSOFT CORPORATION
- 14.4.1 COMPANY OVERVIEW
- 14.4.2 FINANCIAL OVERVIEW
- 14.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.4.4 KEY DEVELOPMENTS
- 14.4.5 SWOT ANALYSIS
- 14.4.6 KEY STRATEGIES
- 14.5 ADVANCED MICRO DEVICES, INC
- 14.5.1 COMPANY OVERVIEW
- 14.5.2 FINANCIAL OVERVIEW
- 14.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.5.4 KEY DEVELOPMENTS
- 14.5.5 SWOT ANALYSIS
- 14.5.6 KEY STRATEGIES
- 14.6 ATOS AE.
- 14.6.1 COMPANY OVERVIEW
- 14.6.2 FINANCIAL OVERVIEW
- 14.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.6.4 KEY DEVELOPMENTS
- 14.6.5 SWOT ANALYSIS
- 14.6.6 KEY STRATEGIES
- 14.7 INTEL CORPORATION
- 14.7.1 COMPANY OVERVIEW
- 14.7.2 FINANCIAL OVERVIEW
- 14.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.7.4 KEY DEVELOPMENTS
- 14.7.5 SWOT ANALYSIS
- 14.7.6 KEY STRATEGIES
- 14.8 NVIDIA CORPORATION.
- 14.8.1 COMPANY OVERVIEW
- 14.8.2 FINANCIAL OVERVIEW
- 14.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.8.4 KEY DEVELOPMENTS
- 14.8.5 SWOT ANALYSIS
- 14.8.6 KEY STRATEGIES
- 14.9 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP
- 14.9.1 COMPANY OVERVIEW
- 14.9.2 FINANCIAL OVERVIEW
- 14.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.9.4 KEY DEVELOPMENTS
- 14.9.5 SWOT ANALYSIS
- 14.9.6 KEY STRATEGIES
- 14.10 CISCO SYSTEMS, INC.
- 14.10.1 COMPANY OVERVIEW
- 14.10.2 FINANCIAL OVERVIEW
- 14.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.10.4 KEY DEVELOPMENTS
- 14.10.5 SWOT ANALYSIS
- 14.10.6 KEY STRATEGIES
- 14.11 DELL INC.
- 14.11.1 COMPANY OVERVIEW
- 14.11.2 FINANCIAL OVERVIEW
- 14.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.11.4 KEY DEVELOPMENTS
- 14.11.5 SWOT ANALYSIS
- 14.11.6 KEY STRATEGIES
- 14.12 ALIBABA GROUP HOLDING LIMITED
- 14.12.1 COMPANY OVERVIEW
- 14.12.2 FINANCIAL OVERVIEW
- 14.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.12.4 KEY DEVELOPMENTS
- 14.12.5 SWOT ANALYSIS
- 14.12.6 KEY STRATEGIES
- 14.13 ORACLE CORPORATION
- 14.13.1 COMPANY OVERVIEW
- 14.13.2 FINANCIAL OVERVIEW
- 14.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.13.4 KEY DEVELOPMENTS
- 14.13.5 SWOT ANALYSIS
- 14.13.6 KEY STRATEGIES
- 14.14 NEC CORPORATION
- 14.14.1 COMPANY OVERVIEW
- 14.14.2 FINANCIAL OVERVIEW
- 14.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.14.4 KEY DEVELOPMENTS
- 14.14.5 SWOT ANALYSIS
- 14.14.6 KEY STRATEGIES
- 14.15 AGILENT TECHNOLOGIES
- 14.15.1 COMPANY OVERVIEW
- 14.15.2 FINANCIAL OVERVIEW
- 14.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.15.4 KEY DEVELOPMENTS
- 14.15.5 SWOT ANALYSIS
- 14.15.6 KEY STRATEGIES