The North America Next Generation Computing Market would witness market growth of 17.5% CAGR during the forecast period (2022-2028).
Companies are racing to develop next-generation computing technologies to address a wide range of issues, including incorporating machine learning and cognitive computing, as well as increasing the efficiency and efficacy of supercomputers. Quantum computing's commercial introduction is expected to solve as well as generate new difficulties, as previously complicated problems will be solved. Due to the numerous improvements in next-generation computing, it is challenging for a company or government customer to make software, infrastructure, and service selections.
In the aeronautical and military sectors, companies place a strong emphasis on lowering production costs while increasing production rates. By leveraging simulation throughout the design phase and avoiding physical testing, next-generation computing software solutions enable these organizations to give realistic multi-scale and multi-physics simulation solutions.
Furthermore, due to its cost-effective pay-as-you-go pricing model, cloud-based next-generation computing systems are gaining popularity in the industry. As the amount, diversity, and velocity of data generated have grown dramatically, this has been a major component in driving the industry, and it is likely to grow even more with the implementation of 5G technology.
The North American region is noted for its early acceptance of innovative technologies, owing to the United States and Canada's vigorous technological development. The rise in big data necessitates the adoption of technology and the necessity for security, resulting in the deployment of Next-Generation Computing systems. Government investments in R&D activities at the national scale are one of the major factors driving the growth of the regional market.
The need for high-performance computing in the region is projected to expand significantly due to the presence of important industry participants such as NVIDIA, HPE, IBM, Microsoft, and AMD. The White House requested an expenditure of over USD 475 million on Exascale computing in its fiscal year 2021 budget, securing the United States' position as the world's leading supercomputer country. The investment also aims to boost application performance at the Oak Ridge Leader Computing Facility in the United States by five times over the Summit system.
The US market dominated the North America Next Generation Computing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $126.9 billion by 2028. The Canada market is poised to grow at a CAGR of 20.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 19.1% during (2022 - 2028).
Based on Type, the market is segmented into High Performance Computing, Quantum Computing, Energy Efficiency Computing, Memory Based Computing, Approximate & Probabilistic Computing, Brain Type Computing, Optical Computing, Thermodynamic Computing, and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Offering, the market is segmented into On-premise and Cloud. Based on Organization size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Government, BFSI & Telecom, Space & Defense, Energy & Power, Chemicals, Healthcare, Academia, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Next Generation Computing Market is Estimated to reach $465.7 Billion by 2028, at a CAGR of 18%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Atos Group, Cisco Systems, Inc., Hewlett-Packard Enterprise Company, Amazon Web Services, Inc., Microsoft Corporation, Intel Corporation, Oracle Corporation, Google LLC, and Alibaba Group Holding Limited.
Scope of the Study
Market Segments Covered in the Report:
By Type
- High Performance Computing
- Quantum Computing
- Energy Efficiency Computing
- Memory Based Computing
- Approximate & Probabilistic Computing
- Brain Type Computing
- Optical Computing
- Thermodynamic Computing
- Others
By Component
- Hardware
- Software
- Services
By Offering
By Organization size
- Large Enterprises
- Small & Medium Enterprises
By End User
- Government
- BFSI & Telecom
- Space & Defense
- Energy & Power
- Chemicals
- Healthcare
- Academia
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Atos Group
- Cisco Systems, Inc.
- Hewlett-Packard Enterprise Company
- Amazon Web Services, Inc.
- Microsoft Corporation
- Intel Corporation
- Oracle Corporation
- Google LLC
- Alibaba Group Holding Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Next Generation Computing Market, by Type
1.4.2 North America Next Generation Computing Market, by Component
1.4.3 North America Next Generation Computing Market, by Offering
1.4.4 North America Next Generation Computing Market, by Organization size
1.4.5 North America Next Generation Computing Market, by End User
1.4.6 North America Next Generation Computing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.1 Market Share Analysis, 2020
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Feb – 2022, Feb) Leading Players
Chapter 4. North America Next Generation Computing Market by Type
4.1 North America High Performance Computing Market by Country
4.2 North America Quantum Computing Market by Country
4.3 North America Energy Efficiency Computing Market by Country
4.4 North America Memory Based Computing Market by Country
4.5 North America Approximate & Probabilistic Computing Market by Country
4.6 North America Brain Type Computing Market by Country
4.7 North America Optical Computing Market by Country
4.8 North America Thermodynamic Computing Market by Country
4.9 North America Other Type Market by Country
Chapter 5. North America Next Generation Computing Market by Component
5.1 North America Hardware Market by Country
5.2 North America Software Market by Country
5.3 North America Services Market by Country
Chapter 6. North America Next Generation Computing Market by Offering
6.1 North America On-premise Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America Next Generation Computing Market by Organization Size
7.1 North America Large Enterprises Market by Country
7.2 North America Small & Medium Enterprises Market by Country
Chapter 8. North America Next Generation Computing Market by End User
8.1 North America Government Market by Country
8.2 North America BFSI & Telecom Market by Country
8.3 North America Space & Defense Market by Country
8.4 North America Energy & Power Market by Country
8.5 North America Chemicals Market by Country
8.6 North America Healthcare Market by Country
8.7 North America Academia Market by Country
8.8 North America Others Market by Country
Chapter 9. North America Next Generation Computing Market by Country
9.1 US Next Generation Computing Market
9.1.1 US Next Generation Computing Market by Type
9.1.2 US Next Generation Computing Market by Component
9.1.3 US Next Generation Computing Market by Offering
9.1.4 US Next Generation Computing Market by Organization Size
9.1.5 US Next Generation Computing Market by End User
9.2 Canada Next Generation Computing Market
9.2.1 Canada Next Generation Computing Market by Type
9.2.2 Canada Next Generation Computing Market by Component
9.2.3 Canada Next Generation Computing Market by Offering
9.2.4 Canada Next Generation Computing Market by Organization Size
9.2.5 Canada Next Generation Computing Market by End User
9.3 Mexico Next Generation Computing Market
9.3.1 Mexico Next Generation Computing Market by Type
9.3.2 Mexico Next Generation Computing Market by Component
9.3.3 Mexico Next Generation Computing Market by Offering
9.3.4 Mexico Next Generation Computing Market by Organization Size
9.3.5 Mexico Next Generation Computing Market by End User
9.4 Rest of North America Next Generation Computing Market
9.4.1 Rest of North America Next Generation Computing Market by Type
9.4.2 Rest of North America Next Generation Computing Market by Component
9.4.3 Rest of North America Next Generation Computing Market by Offering
9.4.4 Rest of North America Next Generation Computing Market by Organization Size
9.4.5 Rest of North America Next Generation Computing Market by End User
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent Strategies and Developments
10.1.5.1 Partnerships, Collaborations, and Agreement:
10.1.5.2 Product Launches and Product Expansions:
10.1.5.3 Acquisitions and Mergers:
10.2 Atos Group
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental Analysis
10.2.4 Recent Strategies and Developments
10.2.4.1 Partnerships, Collaborations, and Agreement:
10.2.4.2 Product Launches and Product Expansions:
10.2.4.3 Acquisitions and Mergers:
10.3 Cisco Systems, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent Strategies and Developments
10.3.5.1 Partnerships, Collaborations, and Agreement:
10.3.5.2 Product Launches and Product Expansions:
10.4 Hewlett Packard Enterprise Company
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent Strategies and Developments
10.4.5.1 Partnerships, Collaborations and Agreement:
10.4.5.2 Acquisitions and Mergers:
10.5 Amazon Web Services, Inc. (Amazon, Inc.)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental Analysis
10.5.4 Recent Strategies and Developments
10.5.4.1 Partnerships, Collaborations and Agreement:
10.6 Microsoft Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent Strategies and Developments
10.6.5.1 Partnerships, Collaborations and Agreement:
10.6.5.2 Acquisitions and Mergers:
10.7 Intel Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.5.2 Partnerships, Collaborations and Agreement:
10.7.5.3 Acquisitions and Mergers:
10.8 Oracle Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent Strategies and Developments
10.8.5.1 Partnerships, Collaborations and Agreement:
10.8.5.2 Product Launches and Product Expansions:
10.9 Google LLC
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent Strategies and Developments
10.9.5.1 Partnerships, Collaborations and Agreement:
10.9.5.2 Product Launches and Product Expansions:
10.9.5.3 Acquisitions and Mergers:
10.10. Alibaba Group Holding Limited
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Recent Strategies and Developments
10.10.4.1 Product Launches and Product Expansions:
TABLE 1 North America Next Generation Computing Market, 2018 - 2021, USD Million
TABLE 2 North America Next Generation Computing Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Next-Generation Computing Market
TABLE 4 Product Launches And Product Expansions – Next-Generation Computing Market
TABLE 5 Acquisition and Mergers – Next-Generation Computing Market
TABLE 6 North America Next Generation Computing Market by Type, 2018 - 2021, USD Million
TABLE 7 North America Next Generation Computing Market by Type, 2022 - 2028, USD Million
TABLE 8 North America High Performance Computing Market by Country, 2018 - 2021, USD Million
TABLE 9 North America High Performance Computing Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Quantum Computing Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Quantum Computing Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Energy Efficiency Computing Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Energy Efficiency Computing Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Memory Based Computing Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Memory Based Computing Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Approximate & Probabilistic Computing Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Approximate & Probabilistic Computing Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Brain Type Computing Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Brain Type Computing Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Optical Computing Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Optical Computing Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Thermodynamic Computing Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Thermodynamic Computing Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Other Type Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Other Type Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Next Generation Computing Market by Component, 2018 - 2021, USD Million
TABLE 27 North America Next Generation Computing Market by Component, 2022 - 2028, USD Million
TABLE 28 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Next Generation Computing Market by Offering, 2018 - 2021, USD Million
TABLE 35 North America Next Generation Computing Market by Offering, 2022 - 2028, USD Million
TABLE 36 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 37 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Next Generation Computing Market by Organization Size, 2018 - 2021, USD Million
TABLE 41 North America Next Generation Computing Market by Organization Size, 2022 - 2028, USD Million
TABLE 42 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Next Generation Computing Market by End User, 2018 - 2021, USD Million
TABLE 47 North America Next Generation Computing Market by End User, 2022 - 2028, USD Million
TABLE 48 North America Government Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Government Market by Country, 2022 - 2028, USD Million
TABLE 50 North America BFSI & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 51 North America BFSI & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 52 North America Space & Defense Market by Country, 2018 - 2021, USD Million
TABLE 53 North America Space & Defense Market by Country, 2022 - 2028, USD Million
TABLE 54 North America Energy & Power Market by Country, 2018 - 2021, USD Million
TABLE 55 North America Energy & Power Market by Country, 2022 - 2028, USD Million
TABLE 56 North America Chemicals Market by Country, 2018 - 2021, USD Million
TABLE 57 North America Chemicals Market by Country, 2022 - 2028, USD Million
TABLE 58 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 59 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 60 North America Academia Market by Country, 2018 - 2021, USD Million
TABLE 61 North America Academia Market by Country, 2022 - 2028, USD Million
TABLE 62 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 63 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 64 North America Next Generation Computing Market by Country, 2018 - 2021, USD Million
TABLE 65 North America Next Generation Computing Market by Country, 2022 - 2028, USD Million
TABLE 66 US Next Generation Computing Market, 2018 - 2021, USD Million
TABLE 67 US Next Generation Computing Market, 2022 - 2028, USD Million
TABLE 68 US Next Generation Computing Market by Type, 2018 - 2021, USD Million
TABLE 69 US Next Generation Computing Market by Type, 2022 - 2028, USD Million
TABLE 70 US Next Generation Computing Market by Component, 2018 - 2021, USD Million
TABLE 71 US Next Generation Computing Market by Component, 2022 - 2028, USD Million
TABLE 72 US Next Generation Computing Market by Offering, 2018 - 2021, USD Million
TABLE 73 US Next Generation Computing Market by Offering, 2022 - 2028, USD Million
TABLE 74 US Next Generation Computing Market by Organization Size, 2018 - 2021, USD Million
TABLE 75 US Next Generation Computing Market by Organization Size, 2022 - 2028, USD Million
TABLE 76 US Next Generation Computing Market by End User, 2018 - 2021, USD Million
TABLE 77 US Next Generation Computing Market by End User, 2022 - 2028, USD Million
TABLE 78 Canada Next Generation Computing Market, 2018 - 2021, USD Million
TABLE 79 Canada Next Generation Computing Market, 2022 - 2028, USD Million
TABLE 80 Canada Next Generation Computing Market by Type, 2018 - 2021, USD Million
TABLE 81 Canada Next Generation Computing Market by Type, 2022 - 2028, USD Million
TABLE 82 Canada Next Generation Computing Market by Component, 2018 - 2021, USD Million
TABLE 83 Canada Next Generation Computing Market by Component, 2022 - 2028, USD Million
TABLE 84 Canada Next Generation Computing Market by Offering, 2018 - 2021, USD Million
TABLE 85 Canada Next Generation Computing Market by Offering, 2022 - 2028, USD Million
TABLE 86 Canada Next Generation Computing Market by Organization Size, 2018 - 2021, USD Million
TABLE 87 Canada Next Generation Computing Market by Organization Size, 2022 - 2028, USD Million
TABLE 88 Canada Next Generation Computing Market by End User, 2018 - 2021, USD Million
TABLE 89 Canada Next Generation Computing Market by End User, 2022 - 2028, USD Million
TABLE 90 Mexico Next Generation Computing Market, 2018 - 2021, USD Million
TABLE 91 Mexico Next Generation Computing Market, 2022 - 2028, USD Million
TABLE 92 Mexico Next Generation Computing Market by Type, 2018 - 2021, USD Million
TABLE 93 Mexico Next Generation Computing Market by Type, 2022 - 2028, USD Million
TABLE 94 Mexico Next Generation Computing Market by Component, 2018 - 2021, USD Million
TABLE 95 Mexico Next Generation Computing Market by Component, 2022 - 2028, USD Million
TABLE 96 Mexico Next Generation Computing Market by Offering, 2018 - 2021, USD Million
TABLE 97 Mexico Next Generation Computing Market by Offering, 2022 - 2028, USD Million
TABLE 98 Mexico Next Generation Computing Market by Organization Size, 2018 - 2021, USD Million
TABLE 99 Mexico Next Generation Computing Market by Organization Size, 2022 - 2028, USD Million
TABLE 100 Mexico Next Generation Computing Market by End User, 2018 - 2021, USD Million
TABLE 101 Mexico Next Generation Computing Market by End User, 2022 - 2028, USD Million
TABLE 102 Rest of North America Next Generation Computing Market, 2018 - 2021, USD Million
TABLE 103 Rest of North America Next Generation Computing Market, 2022 - 2028, USD Million
TABLE 104 Rest of North America Next Generation Computing Market by Type, 2018 - 2021, USD Million
TABLE 105 Rest of North America Next Generation Computing Market by Type, 2022 - 2028, USD Million
TABLE 106 Rest of North America Next Generation Computing Market by Component, 2018 - 2021, USD Million
TABLE 107 Rest of North America Next Generation Computing Market by Component, 2022 - 2028, USD Million
TABLE 108 Rest of North America Next Generation Computing Market by Offering, 2018 - 2021, USD Million
TABLE 109 Rest of North America Next Generation Computing Market by Offering, 2022 - 2028, USD Million
TABLE 110 Rest of North America Next Generation Computing Market by Organization Size, 2018 - 2021, USD Million
TABLE 111 Rest of North America Next Generation Computing Market by Organization Size, 2022 - 2028, USD Million
TABLE 112 Rest of North America Next Generation Computing Market by End User, 2018 - 2021, USD Million
TABLE 113 Rest of North America Next Generation Computing Market by End User, 2022 - 2028, USD Million
TABLE 114 Key information – IBM Corporation
TABLE 115 key information – Atos Group
TABLE 116 Key Information – Cisco Systems, Inc.
TABLE 117 key information – Hewlett Packard Enterprise Company
TABLE 118 Key Information – Amazon Web Services, Inc.
TABLE 119 key information – Microsoft Corporation
TABLE 120 Key Information – Intel Corporation
TABLE 121 Key Information – Oracle Corporation
TABLE 122 Key Information – Google LLC
TABLE 123 Key Information – Alibaba Group Holding Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2020
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Feb – 2022, Feb) Leading Players
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Recent strategies and developments: Atos Group
FIG 8 Recent strategies and developments: Hewlett-Packard Enterprise Company
FIG 9 Recent strategies and developments: Intel Corporation
FIG 10 Recent strategies and developments: Oracle Corporation
FIG 11 Recent strategies and developments: Google LLC