Next Generation Computing Market Overview: Future Prospects (2023-2029)

Next Generation Computing Market size was valued at USD 188.57 Bn in 2022 and is expected to reach USD 549.14 Bn by 2029, at a CAGR of 19.5% over the forecast period (2023-2029).

Next Generation Computing Market Overview

Maximize Market Research's new report on the Global Next Generation Computing Market 2023-2029 is a valuable resource for understanding the market's competitors and gaining key business insights. The report provides a comprehensive overview of the market, including its value chain structure, geographical analysis, applications, market size, and forecast (2023-2029). This information can be used to make more informed decisions about the current and future state of the global Next Generation Computing market.

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Next Generation Computing Market Scope 

The report focuses on the key factors that are driving and restraining the growth of the Next Generation Computing market, as well as the competitive landscape and future prospects. It provides insights into the current and future market trends, demand chain, supply chain, and sales, as well as recent changes in the market.

The report also includes company profiles of the key players in the Next Generation Computing market, including their overview, financial performance, product portfolio, and strategies. It also uses SWOT and PESTLE analysis to provide a comprehensive view of the market.

Next Generation Computing Market Segmentation

The market is divided into three categories based on component: hardware, software, and solution. In 2022, the hardware sector dominated the market, accounting for 50% of the overall revenue generated by Next Generation Computing, and it is predicted to continue to do so throughout the forecast period. availability of a range of next-generation computing hardware components, including networking hardware, memory & storage, and high-performance CPUs. Over the projected period, the service segment is anticipated to expand at a high rate. The market's service sector is anticipated to grow faster than average due to the rising demand for and supply of services related to deployment and end user support.

The big enterprise segment dominated the market in 2022 and is anticipated to hold its position throughout the projected period based on enterprise size. Growing corporate innovation to get an advantage over competitors is anticipated to fuel segment growth in the market. Customers can find fresh knowledge and experience for a wide range of information using next-generation computing, including real-time and up-to-date information. All of these developments are necessary and practical for processing data and doing analysis across a wide range of information sources, relationships, and body of knowledge. The large enterprise segment of the Next Generation Computing Market is anticipated to grow due to the adoption of memory-based computing and high performance computing.

In 2022, the On-premises segment dominated the market based on Offering, and it is anticipated that this dominance would last throughout the forecast period. There are many advantages for the on-premises segment, including increased levels of information security and wellbeing. Due to cloud arrangements, which increase SMEs' interest in next-generation computing programming, the cloud segment is anticipated to experience increased growth in the upcoming year.

1 Global Next Generation Computing Market, by Component (2022-2029)

• Hardware

• Software

• Solution

2 Global Next Generation Computing Market, by Offering (2022-2029)

• Cloud Based

• On Premise

3 Global Next Generation Computing Market, by Type (2022-2029)

• High Performance Computing

• Quantum Computing

• Brain Type Computing

• Approximate and Probabilistic Computing

• Energy Efficiency Computing

• Thermodynamic Computing

• Memory Based Computing

• Optical Computing

• Edge Computing

• Membrane Computing

4 Global Next Generation Computing Market, by Enterprise size (2022-2029)

• SMEs

• Large Enterprises

5 Global Next Generation Computing Market, by End Use Industry (2022-2029)

• BFSI

• Energy and Power

• Transportation and Logistics

• Chemicals

• Academic

• Government

• IT and Telecom

• Healthcare

• Space and Defence

• Manufacturing

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Next Generation Computing Market Key Players

1. Atos

2. Oracle Corporation

3. Google LLC

4. Amazon Web Services, Inc

5. NEC Corporation

6. Cisco Systems, Inc

7. Intel Corporation

8. IBM Corporation

9. Hewlett Packard Enterprise Development LP

10. Dell Inc

11. NVIDIA Corp

12. Microsoft Corporation

13. Advanced Micro Devices

14. Infosys

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Regional Analysis

The global Next Generation Computing Market's growth trend is examined in depth throughout the report. It divides the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the Next Generation Computing market.

Key Questions answered in the Next Generation Computing Market Report are:

• What are the Next Generation Computing market segments?
• What are the global trends in the Next Generation Computing Market?
• What are the major challenges that the Next Generation Computing Market could face in the future? 
• How is the intervention from regulatory authority shaping the Next Generation Computing Market?
• Who are the Next Generation Computing key players in the industry?
• What growth strategies are the players considering to increase their presence in Next Generation Computing Market?
• Which region held the largest Next Generation Computing market share in 2022? 
• Which regional Next Generation Computing market is expected to grow rapidly during the forecast period?

Key offerings:

• A detailed Market Overview
• Market Share, Size & Forecast by Revenue | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
• Market Segmentation – A detailed analysis of segments and sub-segments
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors
• Recommendations
• Key Findings

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