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Global Next Generation Computing Market 2024 Mega Trends, Industry Growth, Future Outlook And Forecast To 2033

03-19-2024 01:04 PM CET | IT, New Media & Software

Press release from: The Business research company

Next Generation Computing Market

Next Generation Computing Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2085

The Business Research Company offers in-depth market insights through Next Generation 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 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..

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https://www.thebusinessresearchcompany.com/sample.aspx?id=13156&type=smp

Market Segmentation:
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

Major Driver - 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

Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/next-generation-computing-global-market-report

Top Trend - 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.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Next Generation Computing Market Characteristics
3. Next Generation Computing Market Trends And Strategies
4. Next Generation Computing Market - Macro Economic Scenario
5. Next Generation Computing Market Size And Growth
…..
27. Next Generation Computing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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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 specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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