The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the next generation computing market’s growth in recent years?
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.
Next Generation Computing Market Driver: Rising Manufacturing Activities Ignite Next-Gen Computing Market Expansion
Growing manufacturing activities are expected to propel the growth of the next-generation computing market going forward. Manufacturing transforms raw materials or components into completed things using tools, labor, machinery, and chemical processing. Next-generation computing technologies are integral to modern manufacturing, offering increased efficiency, precision, and flexibility across the entire production process. For instance, in February 2023, according to Statistics Canada, a Canada-based government agency, the manufacturing industry in Canada experienced remarkable growth, with total sales increasing by 17.9% to reach $850.9 billion in 2022. Therefore, growing manufacturing activities are driving the growth of the next-generation computing market.
Access Your Free Sample of the Global Amusement Parks Global Market Report 2025 Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=13156&type=smp
How does the future projection of the next generation computing market size compare to its historical growth?
The next generation computing market size has grown rapidly in recent years. It will grow from $277.04 billion in 2024 to $327.17 billion in 2025 at a compound annual growth rate (CAGR) of 18.1%. 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 $667.19 billion in 2029 at a compound annual growth rate (CAGR) of 19.5%. 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.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=13156&type=smp
Which key players are shaping the future of the next generation computing market?
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
What trends will propel the growth and evolution of the next generation computing market?
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.
Which regions are expected to become dominant players in the next generation computing market?
North America was the largest region in the next generation computing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the next generation computing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/next-generation-computing-global-market-report
What are the emerging key segments in the next generation computing market, and how are they evolving?
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
Subsegments:
1) By High Performance Computing: Supercomputers, Distributed Computing Systems
2) By Quantum Computing: Quantum Annealers, Gate Model Quantum Computers
3) By Brain Type Computing: Neuromorphic Computing, Spiking Neural Networks
4) By Approximate And Probabilistic Computing: Stochastic Computing, Probabilistic Programming
5) By Energy Efficiency Computing: Low-Power Processors, Green Computing Solutions
6) By Thermodynamic Computing: Thermal Management Systems, Thermodynamic Models
7) By Memory Based Computing: In-Memory Computing, Memristor Technology
8) By Optical Computing: Photonic Processors, Optical Interconnects
9) By Edge Computing: Edge Devices, Edge Analytics
10) By Other Types: Hybrid Computing, Reversible Computing
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13156
How is the next generation computing market defined, and what are its core characteristics?
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.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
