By 2033, the sector is expected to consistently expand at a 19.1% CAGR. According to FMI, the revenue share of the next generation computing market is predicted to rise from USD 136.46 billion in 2023 to USD 783.64 billion in 2033.
Key factors supporting the market are rising research and development expenditures by technology businesses, and the rising need for processing and managing enormous volumes of data. Additionally, there is tremendous development potential due to the increasing usage of technologies like 5G, AI, and ML.
Industry conglomerates like Goldman Sachs Group, Lockheed Martin, NASA, and other governmental organizations are investing in the research and development. Increase in endeavors by industry behemoths and governmental organizations in new businesses leads to high demand for next generation computing.
For instance, in order to provide the quality quantum processing administration on the globe in October 2019, Google LLC worked with NASA and Oak Ridge National Laboratory. Sandia National Laboratories is receiving USD 42 million in funding from the Advanced Scientific Computing Research Programs of the United States Branch of Energy.
| Attributes | Details |
|---|---|
| Next Generation Computing Market CAGR (2023 to 2033) | 19.1% |
| Next Generation Computing Market Size (2023) | USD 136.46 billion |
| Next Generation Computing Market Size (2033) | USD 783.64 billion |
When compared to the 8.2% CAGR recorded between 2018 and 2022, the next generation computing industry is predicted to expand at a 19.1% CAGR between 2023 and 2033. The average growth of the market is expected to be around 1.19x between 2022 and 2023.
| Market Statistics | Details |
|---|---|
| Market Share (2018) | USD 56.94 billion |
| Market Share (2021) | USD 96.2 billion |
| Market Share (2022) | USD 114.57 billion |
The pandemic accelerated the cloud's uptake, since businesses could conduct operations safely from the cloud. Additionally, businesses from many sectors hastened their digital transformation in order to prepare for operational responsiveness and adjust to disturbances.
Short-term Growth (2023 to 2026): Vendors in the industry are constantly creating scalable and efficient data storage infrastructure due to the exponential growth of data produced by the business sector.
Medium-term Growth (2027 to 2029): Rapid AI adoption in many nations has increased the amount of digital data produced by different, increasing the need for large amounts of data storage. This leads to high adoption of next generation computing services.
Long-term Growth (2030 to 2033): The deployment of next generation storage to strengthen general databases for future use and optimize databases in verticals like BFSI, is likely to propel the global demand.
Current Challenges
There has been an increase in demand for information capacity to handle the massive amount of data created during this time. However, many small and medium-sized businesses have started to close, either permanently or temporarily. It has hampered revenue growth in the next generation computing sector.
The industry also faces difficulties due to a skilled labor shortage. The development of next generation computing technologies, like quantum and neuromorphic, is still in its infancy. Therefore, a trained workforce is required for the research and development of the goods and solutions for next generation computing in order to scale these technologies.
Emerging Opportunities
The IoT, the recent innovation to emerge, generates enormous amounts of data from related devices like home automation devices, GPS beacons, and virtual entertainment.
It fuels growing interest in next generation computing to store and manage the massive amounts of data generated from these channels. A few companies are embracing IoT innovation for contemporary applications.
This includes predicting hardware failure, assessing the temperature, and enabling autonomous driving, which is generating volumes of sensitive data and igniting interest in next generation computing.
Companies including Hewlett Packard Enterprise, Huawei, Hitachi, IBM, and Dell Technologies are investing heavily in next generation computing innovation. Companies are attempting to capture a sizable portion of the thriving information storage business.
In 2021, the hardware component category led the market and accounted for revenue share of more than 50.0%. The availability of different next generation computing hardware goods, including high-performance Central Processing Units (CPUs), memory & storage, and networking components, can be credited with this market segment's expansion.
During the forecast period, the services segment component is expected to expand at a CAGR of 8.2%. Deployment and end-to-end support services, for example, are becoming necessary and readily available. For instance, the France-based Atos SE company offers advisory services from quantum experts.
The cloud-based offering segment is likely to dominate the market with a CAGR of 21.5% by 2033. The benefits of cloud computing, including its affordability, adaptability, and security, support the expansion of this market.
Due to advantages like remote access and practical storage for massive data quantities, businesses across all industries are increasingly using cloud services. However, security, direct control, and physical accessibility of the information are responsible for expanding the on-premise segment.
The BFSI end-use segment is likely to lead the market with a CAGR of 9.3% by 2033. The segment's expansion can be ascribed to the BFSI sector's expanding use of next generation computing technology in areas like risk management and portfolio optimization.
On the other hand, the manufacturing sector is anticipated to increase at a quick rate during the projection period. Manufacturers benefit from market technology at various stages of the product development process. Applications include predicting maintenance problems and executing sophisticated design simulations.
The United States is a leading market with an expected CAGR of 7.2% by 2033 due to its early adoption of modern data-storage technologies. Both consumers and multinational corporations are heavily concentrated in the United States.
Hyperscale data centers have also proliferated quickly, and they are mostly employed by cloud computing providers and social network service providers. The United States market is anticipated to be primarily driven by the rising demand for cloud computing services.
A cost-effective and efficient way to access and store data, as well as scale up computing resources as necessary, is provided by cloud computing for businesses. An increasing number of businesses are considering moving their data and apps to the cloud to have great market share by 2033.
The United Kingdom was expanding with a market size of USD 31.2 billion in 2022. It is expected to increase at a CAGR of 8.2% by 2033.
Due to its well-established IT infrastructure, robust digital ecosystem, and top-tier talent pool, the United Kingdom is well-positioned to benefit from this growth. Additionally, the United Kingdom government has made large investments in the digital sector through programs like the Digital Economy Act and the Digital Britain agenda.
The rising need for cloud computing services, big data analytics, and artificial intelligence is what fuels the adoption. The need for businesses to cut costs and increase efficiency, the growing use of digital technology, and the introduction of blockchain, encourages global sales.
The next generation computing sector is likely to expand, with a share of USD 9.72 billion in 2023, due to India's growing AI and machine learning industries. Systems that are highly effective and intelligent are developed using AI and machine learning technology.
To automate procedures and enhance decision-making, these technologies are used in many Indian sectors. The adoption of next generation computer technologies is another area of priority for the Indian government.
To encourage the expansion of the digital economy, the government has created a number of programs, including Startup India, Make in India, and Digital India.
Due to government backing, the next generation computing industry is predicted to grow, with a share of USD 233.3 billion in 2023. The government in China has also started a number of initiatives to encourage the development of cutting-edge computer technology.
This includes the establishment of specialized funds and the provision of tax advantages to companies engaged in the industry. These programs encourage innovation and increase the ability of companies in China to compete globally.
The market is expected to experience intense rivalry due to various foreign companies, such as Microsoft, IBM, and Huawei, who are striving for market supremacy. Huawei Cloud is a cloud computing service provider that specializes in providing business cloud services. It is the sole Chinese cloud provider and one of the top five cloud service providers worldwide.
Among the services offered by Huawei Cloud are public, private, hybrid, and edge clouds. However, it is projected that regional rivals like Lenovo, Baidu, and Alibaba would continue to be aggressive.
From 2023 to 2033, the Japan market for next generation computing is anticipated to expand at a CAGR of 5.4%. The market is expanding due to the rising demand for high-performance computing (HPC) and data-driven applications.
The Japan government's initiatives to promote the development of next generation computer technologies and the rising acceptance of advanced technology are both contributing to the market's growth.
The demand for better computing performance, access to bigger data sets, and complex analytics is fueling the expansion of the next generation computing start-ups. Start-ups are starting to emerge with innovative solutions that help organizations become nimble, efficient, and competitive as corporations look to exploit the recent advancements.
Government subsidies, venture capital investments, and corporate alliances all contribute to the expansion of these start-ups. Startups are investigating quantum computing, a novel form of computation that makes use of quantum-mechanical events to process data and address challenging issues. The vendors of next generation computing could benefit financially from this.
The top vendors in the next generation computing market are making investments in cutting-edge technology that keeps them one step ahead of the competition. This entails investigating cutting-edge technologies like cloud computing, AI, and machine learning.
Vendors ought to make investments in cutting-edge technologies like blockchain and quantum computing. To grow their market share, service providers make use of their current clientele.
Vendors, for instance, can collaborate with businesses to develop new products or services that their current consumers can utilize or offer discounts to them on new products or services.
Latest Developments
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Offering, 2018 to 2033
Table 4: Global Market Value (US$ Million) Forecast by Type , 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Enterprise Size, 2018 to 2033
Table 6: Global Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: North America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Offering, 2018 to 2033
Table 10: North America Market Value (US$ Million) Forecast by Type , 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Enterprise Size, 2018 to 2033
Table 12: North America Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 15: Latin America Market Value (US$ Million) Forecast by Offering, 2018 to 2033
Table 16: Latin America Market Value (US$ Million) Forecast by Type , 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Enterprise Size, 2018 to 2033
Table 18: Latin America Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033
Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Europe Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 21: Europe Market Value (US$ Million) Forecast by Offering, 2018 to 2033
Table 22: Europe Market Value (US$ Million) Forecast by Type , 2018 to 2033
Table 23: Europe Market Value (US$ Million) Forecast by Enterprise Size, 2018 to 2033
Table 24: Europe Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033
Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Asia Pacific Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 27: Asia Pacific Market Value (US$ Million) Forecast by Offering, 2018 to 2033
Table 28: Asia Pacific Market Value (US$ Million) Forecast by Type , 2018 to 2033
Table 29: Asia Pacific Market Value (US$ Million) Forecast by Enterprise Size, 2018 to 2033
Table 30: Asia Pacific Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033
Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: MEA Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 33: MEA Market Value (US$ Million) Forecast by Offering, 2018 to 2033
Table 34: MEA Market Value (US$ Million) Forecast by Type , 2018 to 2033
Table 35: MEA Market Value (US$ Million) Forecast by Enterprise Size, 2018 to 2033
Table 36: MEA Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033
List of Figure
Figure 1: Global Market Value (US$ Million) by Component, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Offering, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Type , 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Enterprise Size, 2023 to 2033
Figure 5: Global Market Value (US$ Million) by End Use Industry, 2023 to 2033
Figure 6: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 7: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 8: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 9: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 10: Global Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 13: Global Market Value (US$ Million) Analysis by Offering, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by Offering, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by Offering, 2023 to 2033
Figure 16: Global Market Value (US$ Million) Analysis by Type , 2018 to 2033
Figure 17: Global Market Value Share (%) and BPS Analysis by Type , 2023 to 2033
Figure 18: Global Market Y-o-Y Growth (%) Projections by Type , 2023 to 2033
Figure 19: Global Market Value (US$ Million) Analysis by Enterprise Size, 2018 to 2033
Figure 20: Global Market Value Share (%) and BPS Analysis by Enterprise Size, 2023 to 2033
Figure 21: Global Market Y-o-Y Growth (%) Projections by Enterprise Size, 2023 to 2033
Figure 22: Global Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033
Figure 23: Global Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033
Figure 24: Global Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033
Figure 25: Global Market Attractiveness by Component, 2023 to 2033
Figure 26: Global Market Attractiveness by Offering, 2023 to 2033
Figure 27: Global Market Attractiveness by Type , 2023 to 2033
Figure 28: Global Market Attractiveness by Enterprise Size, 2023 to 2033
Figure 29: Global Market Attractiveness by End Use Industry, 2023 to 2033
Figure 30: Global Market Attractiveness by Region, 2023 to 2033
Figure 31: North America Market Value (US$ Million) by Component, 2023 to 2033
Figure 32: North America Market Value (US$ Million) by Offering, 2023 to 2033
Figure 33: North America Market Value (US$ Million) by Type , 2023 to 2033
Figure 34: North America Market Value (US$ Million) by Enterprise Size, 2023 to 2033
Figure 35: North America Market Value (US$ Million) by End Use Industry, 2023 to 2033
Figure 36: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 37: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 40: North America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 41: North America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 42: North America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 43: North America Market Value (US$ Million) Analysis by Offering, 2018 to 2033
Figure 44: North America Market Value Share (%) and BPS Analysis by Offering, 2023 to 2033
Figure 45: North America Market Y-o-Y Growth (%) Projections by Offering, 2023 to 2033
Figure 46: North America Market Value (US$ Million) Analysis by Type , 2018 to 2033
Figure 47: North America Market Value Share (%) and BPS Analysis by Type , 2023 to 2033
Figure 48: North America Market Y-o-Y Growth (%) Projections by Type , 2023 to 2033
Figure 49: North America Market Value (US$ Million) Analysis by Enterprise Size, 2018 to 2033
Figure 50: North America Market Value Share (%) and BPS Analysis by Enterprise Size, 2023 to 2033
Figure 51: North America Market Y-o-Y Growth (%) Projections by Enterprise Size, 2023 to 2033
Figure 52: North America Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033
Figure 53: North America Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033
Figure 54: North America Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033
Figure 55: North America Market Attractiveness by Component, 2023 to 2033
Figure 56: North America Market Attractiveness by Offering, 2023 to 2033
Figure 57: North America Market Attractiveness by Type , 2023 to 2033
Figure 58: North America Market Attractiveness by Enterprise Size, 2023 to 2033
Figure 59: North America Market Attractiveness by End Use Industry, 2023 to 2033
Figure 60: North America Market Attractiveness by Country, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) by Component, 2023 to 2033
Figure 62: Latin America Market Value (US$ Million) by Offering, 2023 to 2033
Figure 63: Latin America Market Value (US$ Million) by Type , 2023 to 2033
Figure 64: Latin America Market Value (US$ Million) by Enterprise Size, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) by End Use Industry, 2023 to 2033
Figure 66: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 67: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 70: Latin America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 71: Latin America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 72: Latin America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 73: Latin America Market Value (US$ Million) Analysis by Offering, 2018 to 2033
Figure 74: Latin America Market Value Share (%) and BPS Analysis by Offering, 2023 to 2033
Figure 75: Latin America Market Y-o-Y Growth (%) Projections by Offering, 2023 to 2033
Figure 76: Latin America Market Value (US$ Million) Analysis by Type , 2018 to 2033
Figure 77: Latin America Market Value Share (%) and BPS Analysis by Type , 2023 to 2033
Figure 78: Latin America Market Y-o-Y Growth (%) Projections by Type , 2023 to 2033
Figure 79: Latin America Market Value (US$ Million) Analysis by Enterprise Size, 2018 to 2033
Figure 80: Latin America Market Value Share (%) and BPS Analysis by Enterprise Size, 2023 to 2033
Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Enterprise Size, 2023 to 2033
Figure 82: Latin America Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033
Figure 83: Latin America Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033
Figure 84: Latin America Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033
Figure 85: Latin America Market Attractiveness by Component, 2023 to 2033
Figure 86: Latin America Market Attractiveness by Offering, 2023 to 2033
Figure 87: Latin America Market Attractiveness by Type , 2023 to 2033
Figure 88: Latin America Market Attractiveness by Enterprise Size, 2023 to 2033
Figure 89: Latin America Market Attractiveness by End Use Industry, 2023 to 2033
Figure 90: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 91: Europe Market Value (US$ Million) by Component, 2023 to 2033
Figure 92: Europe Market Value (US$ Million) by Offering, 2023 to 2033
Figure 93: Europe Market Value (US$ Million) by Type , 2023 to 2033
Figure 94: Europe Market Value (US$ Million) by Enterprise Size, 2023 to 2033
Figure 95: Europe Market Value (US$ Million) by End Use Industry, 2023 to 2033
Figure 96: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 97: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 98: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 99: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 100: Europe Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 101: Europe Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 102: Europe Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 103: Europe Market Value (US$ Million) Analysis by Offering, 2018 to 2033
Figure 104: Europe Market Value Share (%) and BPS Analysis by Offering, 2023 to 2033
Figure 105: Europe Market Y-o-Y Growth (%) Projections by Offering, 2023 to 2033
Figure 106: Europe Market Value (US$ Million) Analysis by Type , 2018 to 2033
Figure 107: Europe Market Value Share (%) and BPS Analysis by Type , 2023 to 2033
Figure 108: Europe Market Y-o-Y Growth (%) Projections by Type , 2023 to 2033
Figure 109: Europe Market Value (US$ Million) Analysis by Enterprise Size, 2018 to 2033
Figure 110: Europe Market Value Share (%) and BPS Analysis by Enterprise Size, 2023 to 2033
Figure 111: Europe Market Y-o-Y Growth (%) Projections by Enterprise Size, 2023 to 2033
Figure 112: Europe Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033
Figure 113: Europe Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033
Figure 114: Europe Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033
Figure 115: Europe Market Attractiveness by Component, 2023 to 2033
Figure 116: Europe Market Attractiveness by Offering, 2023 to 2033
Figure 117: Europe Market Attractiveness by Type , 2023 to 2033
Figure 118: Europe Market Attractiveness by Enterprise Size, 2023 to 2033
Figure 119: Europe Market Attractiveness by End Use Industry, 2023 to 2033
Figure 120: Europe Market Attractiveness by Country, 2023 to 2033
Figure 121: Asia Pacific Market Value (US$ Million) by Component, 2023 to 2033
Figure 122: Asia Pacific Market Value (US$ Million) by Offering, 2023 to 2033
Figure 123: Asia Pacific Market Value (US$ Million) by Type , 2023 to 2033
Figure 124: Asia Pacific Market Value (US$ Million) by Enterprise Size, 2023 to 2033
Figure 125: Asia Pacific Market Value (US$ Million) by End Use Industry, 2023 to 2033
Figure 126: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 127: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 128: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 129: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 130: Asia Pacific Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 131: Asia Pacific Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 132: Asia Pacific Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 133: Asia Pacific Market Value (US$ Million) Analysis by Offering, 2018 to 2033
Figure 134: Asia Pacific Market Value Share (%) and BPS Analysis by Offering, 2023 to 2033
Figure 135: Asia Pacific Market Y-o-Y Growth (%) Projections by Offering, 2023 to 2033
Figure 136: Asia Pacific Market Value (US$ Million) Analysis by Type , 2018 to 2033
Figure 137: Asia Pacific Market Value Share (%) and BPS Analysis by Type , 2023 to 2033
Figure 138: Asia Pacific Market Y-o-Y Growth (%) Projections by Type , 2023 to 2033
Figure 139: Asia Pacific Market Value (US$ Million) Analysis by Enterprise Size, 2018 to 2033
Figure 140: Asia Pacific Market Value Share (%) and BPS Analysis by Enterprise Size, 2023 to 2033
Figure 141: Asia Pacific Market Y-o-Y Growth (%) Projections by Enterprise Size, 2023 to 2033
Figure 142: Asia Pacific Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033
Figure 143: Asia Pacific Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033
Figure 144: Asia Pacific Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033
Figure 145: Asia Pacific Market Attractiveness by Component, 2023 to 2033
Figure 146: Asia Pacific Market Attractiveness by Offering, 2023 to 2033
Figure 147: Asia Pacific Market Attractiveness by Type , 2023 to 2033
Figure 148: Asia Pacific Market Attractiveness by Enterprise Size, 2023 to 2033
Figure 149: Asia Pacific Market Attractiveness by End Use Industry, 2023 to 2033
Figure 150: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 151: MEA Market Value (US$ Million) by Component, 2023 to 2033
Figure 152: MEA Market Value (US$ Million) by Offering, 2023 to 2033
Figure 153: MEA Market Value (US$ Million) by Type , 2023 to 2033
Figure 154: MEA Market Value (US$ Million) by Enterprise Size, 2023 to 2033
Figure 155: MEA Market Value (US$ Million) by End Use Industry, 2023 to 2033
Figure 156: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 157: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 158: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 159: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 160: MEA Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 161: MEA Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 162: MEA Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 163: MEA Market Value (US$ Million) Analysis by Offering, 2018 to 2033
Figure 164: MEA Market Value Share (%) and BPS Analysis by Offering, 2023 to 2033
Figure 165: MEA Market Y-o-Y Growth (%) Projections by Offering, 2023 to 2033
Figure 166: MEA Market Value (US$ Million) Analysis by Type , 2018 to 2033
Figure 167: MEA Market Value Share (%) and BPS Analysis by Type , 2023 to 2033
Figure 168: MEA Market Y-o-Y Growth (%) Projections by Type , 2023 to 2033
Figure 169: MEA Market Value (US$ Million) Analysis by Enterprise Size, 2018 to 2033
Figure 170: MEA Market Value Share (%) and BPS Analysis by Enterprise Size, 2023 to 2033
Figure 171: MEA Market Y-o-Y Growth (%) Projections by Enterprise Size, 2023 to 2033
Figure 172: MEA Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033
Figure 173: MEA Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033
Figure 174: MEA Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033
Figure 175: MEA Market Attractiveness by Component, 2023 to 2033
Figure 176: MEA Market Attractiveness by Offering, 2023 to 2033
Figure 177: MEA Market Attractiveness by Type , 2023 to 2033
Figure 178: MEA Market Attractiveness by Enterprise Size, 2023 to 2033
Figure 179: MEA Market Attractiveness by End Use Industry, 2023 to 2033
Figure 180: MEA Market Attractiveness by Country, 2023 to 2033
The next generation computing market CAGR for 2033 is 19.1%.
The market is valued at USD 136.46 billion in 2023.
The forecast market value of the market for 2033 is USD 783.64 billion.
The current trend in the next generation computing market is quantum computing.
IBM, Google, and Amazon Web Services are key market players.
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