Description: The next value is a function used in SQL that retrieves the next value from a defined sequence in a database. Sequences are database objects that generate unique numbers, typically used to assign identifiers to rows in tables. The ‘NEXT VALUE’ function is essential in data management, as it ensures that each new record has a unique identifier, thus avoiding conflicts and duplications. This function is commonly used in relational database management systems, where data integrity is crucial. By invoking ‘NEXT VALUE’, the system automatically increments the sequence value and returns it, allowing developers and database administrators to efficiently handle the creation of new records. Additionally, this function is part of SQL’s transaction features, meaning it can be used in environments where a high degree of concurrency and consistency in database operations is required.