Meaning of “next-generation” in the English Dictionary

business-english dictionary

"next-generation" in Business English

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next-generationadjective [ before noun ]

uk us

used to describe a product that has been developed using the latest technology and will probably replace an existing product:

Such next-generation drugs should demonstrate considerable advantages over competitors.
The company's next-generation software package can process data from competitors' equipment.
More powerful, next-generation systems are coming onto the market all the time.
a next-generation car/computer/phone

(Definition of “next-generation” from the Cambridge Business English Dictionary © Cambridge University Press)