1 Next Unit of Computing (NUC) Market Size by Regions 2019-2024
In the Americas region, the Next Unit of Computing (NUC) market has shown a steady growth trend in terms of revenue and market share. in 2019, the Americas region accounted for 38.60% of the global market with a total revenue of $402.19 Million. This figure continues to grow in the following years: it reaches $417.12 Million in 2020, $476.92 Million in 2021, $522.72 Million in 2022, and grows to $589.98 Million in 2023. This is further expected to grow to $657.95 Million by the end of 2024. In terms of market share, the Americas also accounted for a relatively stable share of the global NUC market, at 38.60% in 2019, 38.24% in 2020, 37.97% in 2021, 37.70% in 2022, rising slightly to 37.97% in 2023, and is expected to remain stable at 37.98% by the end of 2024.
In the European region, the Next Unit of Computing (NUC) market is also showing growth in terms of revenue and market share. In 2019, the European region accounted for $279.87 Million or 26.86% of the global market. This revenue continues to grow in the following years: it reaches $292.60 Million in 2020, $335.07 Million in 2021, $372.18 Million in 2022, and increases to $409.04 Million by 2023. The revenue is further expected to grow to $449.15 Million by the end of 2024. In terms of market share, Europe region’s share in the global NUC market is relatively stable at 26.86% in 2019, 26.82% in 2020, 26.67% in 2021, slightly increasing to 26.84% in 2022, slightly decreasing to 26.33% in 2023, and is projected to decrease marginally to 25.93% by the end of 2024.
Asia Pacific Next Unit of Computing (NUC) market is showing a significant growth trend in terms of revenue and market share. in 2019, APAC accounted for $328.42 Million or 31.52% of the global market. This figure continues to grow in the following years: it reaches $347.51 Million in 2020, $404.80 Million in 2021, $448.14 Million in 2022, and increases to $505.92 Million by 2023. The revenue from Asia Pacific is further expected to rise to $569.89 Million by the end of 2024. In terms of market share, Asia-Pacific is gradually increasing its share in the global NUC market to 31.52% in 2019, 31.86% in 2020, 32.22% in 2021, 32.32% in 2022, 32.56% in 2023, and is expected to continue its growth trend to 32.89% by the end of 2024.
Table Global Next Unit of Computing (NUC) Revenue (M USD) by Regions 2019-2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E |
Americas | 402.19 | 417.12 | 476.92 | 522.72 | 589.98 | 657.95 |
Europe | 279.87 | 292.60 | 335.07 | 372.18 | 409.04 | 449.15 |
Asia Pacific | 328.42 | 347.51 | 404.80 | 448.14 | 505.92 | 569.89 |
Middle East & Africa | 31.47 | 33.56 | 39.41 | 43.59 | 48.83 | 55.49 |
Total | 1041.96 | 1090.79 | 1256.19 | 1386.62 | 1553.77 | 1732.47 |
Table Global Next Unit of Computing (NUC) Revenue Market Share by Regions 2019-2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E |
Americas | 38.60% | 38.24% | 37.97% | 37.70% | 37.97% | 37.98% |
Europe | 26.86% | 26.82% | 26.67% | 26.84% | 26.33% | 25.93% |
Asia Pacific | 31.52% | 31.86% | 32.22% | 32.32% | 32.56% | 32.89% |
Middle East & Africa | 3.02% | 3.08% | 3.14% | 3.14% | 3.14% | 3.20% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
2 Americas Next Unit of Computing (NUC) Revenue by Countries 2019-2024
In 2019, the U.S. market generates $320.65 Million in revenue, accounting for the vast majority of total revenue in the Americas region. This revenue continues to grow in subsequent years: it reaches $331.70 Million in 2020, $379.35 Million in 2021, $415.83 Million in 2022, and increases to $470.86 Million by 2023. Revenues are expected to grow further to $523.87 Million by the end of 2024.
This growth trend reflects the importance of the U.S. as one of the largest economies in the world in the NUC market. The growth of the U.S. market is likely to be driven by several factors: firstly, the U.S. has a strong economy and a highly developed commercial and retail system, which provides a broad market and application scenario for NUC products. Second, U.S. consumers have high spending power and acceptance of new technologies, which promotes the use of NUC products in fixed locations such as homes and offices. In addition, the U.S. leadership in technological innovation and R&D and the demand for high-performance computing solutions are also fueling the growth of the NUC market. With the accelerated digital transformation and increase in remote working, the demand for flexible, efficient, and energy-saving computing solutions is expected to continue driving the growth of the U.S. NUC market. As a result, the U.S. market is expected to remain significant in the global NUC market and contribute significantly to the overall growth of the market.
Table Americas Next Unit of Computing (NUC) Revenue (M USD) by Countries (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E |
United States | 320.65 | 331.70 | 379.35 | 415.83 | 470.86 | 523.87 |
Canada | 31.65 | 33.13 | 37.41 | 40.73 | 45.11 | 49.84 |
Mexico | 12.25 | 12.83 | 14.62 | 16.32 | 18.65 | 21.54 |
Others | 37.65 | 39.47 | 45.53 | 49.85 | 55.36 | 62.70 |
Total | 402.19 | 417.12 | 476.92 | 522.72 | 589.98 | 657.95 |
3 APAC Next Unit of Computing (NUC) Revenue by Countries 2019-2024
In the Asia-Pacific region, China has emerged as a significant growth engine for the Next Unit of Computing (NUC) market. In 2019, NUC revenue in China reached $164.58 Million, accounting for 50.11% of the total revenue in the Asia-Pacific market, a ratio that demonstrates China’s dominance of the market in the region. Revenue from the China market continues to grow over time, rising to $175.40 Million in 2020, further increasing to $206.71 Million in 2021, reaching $230.69 Million in 2022, and climbing to $260.39 Million in 2023. This is expected to grow to $294.60 Million by the end of 2024, reflecting the strong momentum of the Chinese market.
In terms of market share, China’s share in the Asia-Pacific region has remained consistently above half, rising slightly from 50.11% in 2019 to 50.48% in 2020 and continuing to increase to 51.07% in 2021, stabilizing at 51.48% and 51.47% by 2022 and 2023, respectively, and projected to increase slightly to 51.69% by the end of 2024. This trend not only highlights China’s significant position in the global NUC market, but also reflects its key role in driving regional market growth.
The growth of China’s NUC market is attributed to its large population base, rapid economic development and increasing demand for high-tech products. With the deepening digital transformation and smart upgrades, the demand for high-performance, compact computing solutions in the Chinese market continues to climb. In addition, China’s investment in intelligent manufacturing and technological innovation, as well as the growing concern for environmental protection and energy-saving products, also provides strong support for the development of the NUC market. Therefore, the Chinese market in the global NUC market is becoming more and more significant, its future growth potential and market influence will continue to expand.
Table Asia-Pacific Next Unit of Computing (NUC) Revenue (M USD) by Countries (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E |
China | 164.58 | 175.40 | 206.71 | 230.69 | 260.39 | 294.60 |
Japan | 64.96 | 67.24 | 77.04 | 83.77 | 93.89 | 104.24 |
India | 27.26 | 29.14 | 34.19 | 38.17 | 43.39 | 49.64 |
South Korea | 25.62 | 26.77 | 30.43 | 33.35 | 37.80 | 42.21 |
Australia | 10.35 | 10.77 | 12.26 | 13.51 | 15.07 | 16.65 |
Southeast Asia | 21.54 | 23.13 | 26.80 | 29.52 | 33.96 | 38.49 |
Others | 14.12 | 15.04 | 17.37 | 19.13 | 21.42 | 24.07 |
Total | 328.42 | 347.51 | 404.80 | 448.14 | 505.92 | 569.89 |
Table Asia-Pacific Next Unit of Computing (NUC) Revenue Market Share by Countries (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E |
China | 50.11% | 50.48% | 51.07% | 51.48% | 51.47% | 51.69% |
Japan | 19.78% | 19.35% | 19.03% | 18.69% | 18.56% | 18.29% |
India | 8.30% | 8.39% | 8.45% | 8.52% | 8.58% | 8.71% |
South Korea | 7.80% | 7.70% | 7.52% | 7.44% | 7.47% | 7.41% |
Australia | 3.15% | 3.10% | 3.03% | 3.01% | 2.98% | 2.92% |
Southeast Asia | 6.56% | 6.66% | 6.62% | 6.59% | 6.71% | 6.75% |
Others | 4.30% | 4.33% | 4.29% | 4.27% | 4.23% | 4.22% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
4 APAC Next Unit of Computing (NUC) Revenue Forecast and Growth 2024-2030
Asia Pacific region is playing an increasingly important role in the global Next Unit of Computing (NUC) market and is expected to witness significant revenue growth in the coming years. According to the forecast, NUC revenue in APAC region will reach $569.89 Million by the end of 2024, and will show a steady growth in the following years: it is expected to be $659.34 Million in 2025, $738.75 Million in 2026, $836.53 Million in 2027, $927.89 Million in 2028, and finally rise to $1053.66 Million in 2029 and finally to $1179.43 Million in 2030. This growth trajectory reflects the strong momentum and market potential of Asia Pacific in the NUC segment.
In terms of growth rate, Asia-Pacific is expected to grow at a compound annual growth rate (CAGR) of 12.85% from 2024 to 2030, a rate that indicates that the market in the region is set to expand at a faster rate.
Figure APAC Next Unit of Computing (NUC) Revenue (M USD) Forecast and Growth (2024-2030)
