Press release
Next Generation Computing Global Market Report 2024 - By Trends, Size, Share, Growth And Analysis, Outlook By 2033
The next generation computing market size has grown rapidly in recent years. It will grow from $232.77 billion in 2023 to $277.04 billion in 2024 at a compound annual growth rate (CAGR) of 19.0%. The growth in the historic period can be attributed to consumer electronics evolution, cybersecurity concerns, mobile computing, demand for high-performance computing, networking infrastructure advances.The next generation computing market size is expected to see rapid growth in the next few years. It will grow to $553.26 billion in 2028 at a compound annual growth rate (CAGR) of 18.9%. The growth in the forecast period can be attributed to increasing complexity of workloads, focus on sustainable computing, government investments in research, human augmentation.. Major trends in the forecast period include ai and machine learning integration, neuromorphic computing, in-memory computing, hybrid cloud and multi-cloud computing, robust data analytics and visualization.
Market Overview -
Next-generation computing refers to developing hardware and software that can address the challenges of data processing, transfer rates, and energy efficiency. It is used for various applications across various domains and industries due to its advanced capabilities and potential to solve complex problems.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=13156&type=smp
The Surge In AI Adoption Drives Growth Of Next-Generation Computing Market
The expansion in the adoption of artificial intelligence is expected to propel the growth of the next-generation computing market going forward. The adoption of artificial intelligence (AI) refers to integrating AI technologies and solutions into various industries, businesses, and applications to enhance decision-making, automate tasks, improve efficiency, and achieve specific objectives. The growing use of AI, especially machine learning and deep learning, demands substantial computational power, driving the development of next-gen technologies like quantum and neuromorphic computing to perform complex AI tasks more efficiently and quickly than traditional computing methods. For instance, in May 2022, according to the International Business Machines Corporation, a US-based technology corporation, the adoption of artificial intelligence in businesses increased to 35% in 2022, up by 4% compared to 2021. Moreover, 13% more organizations will use AI in 2022 compared to 2021. Therefore, the expansion in the adoption of artificial intelligence will drive the growth of the next-generation computing market.
Competitive Landscape -
Major companies operating in the next generation computing market report are Amazon Web Services Inc., Alphabet Inc., Google LLC, Microsoft Corporation, Alibaba Group Holding Limited, Dell Inc., Lenovo Group Ltd., Intel Corp., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Honeywell International Inc., Broadcom Inc., SAP SE, Micron Technology Inc., Hewlett Packard Enterprise Development LP, NVIDIA Corp., Salesforce, NEC Corporation, Advanced Micro Device Inc., Infosys Limited, Vmware Inc., Atos SE, Equinix Inc., NetApp Inc., Juniper Networks Inc., Citrix Systems Inc., Splunk Inc., Pure Storage Inc., Nutanix Inc., ISM Corporation
Innovative Integrated Hybrid Technologies Revolutionize Next-Generation Computing
Major companies operating in the next-generation computing market are developing innovative technologies, such as integrated hybrids, to address the increasing demand for more powerful, energy-efficient, and versatile computing solutions. Integrated Hybrid is a feature of Azure Quantum that allows researchers to combine classical and quantum computing resources seamlessly. For instance, in March 2023, Microsoft Corporation, a US-based technology corporation, launched the next generation of hybrid quantum computing called Integrated Hybrid. This innovative technology includes a feature of Azure Quantum that allows researchers to combine classical and quantum computing resources seamlessly. This makes it easy to develop and deploy hybrid quantum computing applications. This interface abstracts away the underlying complexity of the different hardware platforms, making it easy for researchers to focus on developing their applications.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/next-generation-computing-global-market-report
Key Segments -
The next generation computing market covered in this report is segmented -
1) By Type: High Performance Computing, Quantum Computing, Brain Type Computing, Approximate And Probabilistic Computing, Energy Efficiency Computing, Thermodynamic Computing, Memory Based Computing, Optical Computing, Edge Computing, Other Types
2) By Component: Hardware, Software, Solution
3) By Deployment: Cloud, On-Premise
4) By Enterprise Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By End-Use Industry: Banking, Financial Services And Insurance (BFSI), Energy and Power, Transportation And Logistics, Chemicals, Academic, Government, Information technology (IT) And Telecommunications, Healthcare, Space And Defense, Manufacturing
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model"
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Next Generation Computing Global Market Report 2024 - By Trends, Size, Share, Growth And Analysis, Outlook By 2033 here
News-ID: 3469384 • Views: …
More Releases from The Business research company

Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…

Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…

Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…

Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Computing
Quantum Computing Market Forecast 2031: Computing Revolution Ahead
Quantum Computing Market Scope:
Global Quantum Computing Market size was valued at USD 641 Million in 2022 poised to grow from USD 837 Million in 2023 to USD 7135 Million by 2031, growing at a CAGR of 30.7% in the forecast period (2024-2031).
Access the full 2024 Quantum Computing Market report for a comprehensive understanding @https://www.skyquestt.com/report/quantum-computing-market
The study of the global Quantum Computing Market is presented in the report, which is a…
Quantum Computing-as-a-Service Market to Witness Revolutionary Growth by 2030 | …
Advance Market Analytics published a new research publication on "Global Quantum Computing-as-a-Service Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Quantum Computing-as-a-Service market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Fog Computing Global Market Report 2024: Applications in Edge Computing
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2231
The Business Research Company offers in-depth market insights through Fog Computing Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The fog computing market size has grown exponentially in recent years. It…
Quantum Computing Market Size, Share & Analysis By 2023 -2028 -Cambridge Quantum …
What is Quantum Computing?
Quantum computing is the application of quantum phenomena such as entanglement and superposition to solve problems. It aids in the development of new discoveries in a variety of fields, including smart materials, healthcare, energy, and others. In end uses such as healthcare & pharmaceuticals, chemicals, defense, banking & finance, energy & power, and others, it finds applications in optimization, modelling, sampling, and other areas. Quantum computers and…
Cloud High Performance Computing Market Report- Trends, Key Players Analysis, Gr …
The Cloud High Performance Computing Market research report provides a competitive assessment of the Cloud High Performance Computing Market and market strategies, products, certification, and regulations. In addition, the Cloud High Performance Computing Market research report analyzes the market definition, key development areas, and research methodology. Lastly, the Cloud High Performance Computing Market research report provides a conclusion over the market scenario that will help stakeholders understand the Cloud High…
High-Performance Computing as a Service Market Growth Rate, Demands and Leading …
Global High-Performance Computing as a Service Market Growth Status and Outlook 2019-2024
High-performance computing (HPC) is an aggregate computing system, which delivers high-performance capabilities for handling problems in science, business, and engineering fields. HPC involves several servers and micro-servers which conducts computational and data exhaustive tasks. HPC has the link to the economic keenness and several scientific improvements. In addition, it is an important part of the nation’s development.
This report presents…