Geocoding systems are widely used in both scientific research for spatial analysis and everyday life through location-based services. The quality of geocoded data significantly impacts subsequent processes and applications, underscoring the need for next-generation systems. In response to this demand, this review first characterizes the technical requirements for next-generation geocoding inputs and outputs. We then decompose the geocoding workflow into modular functional units and survey existing implementations. For each component, we identify methodological limitations, articulate domain-specific research questions and hypotheses, and outline evaluation strategies needed. Finally, we identify opportunities to improve next-generation geocoding systems in light of recent technological advances. We envision that this review provides a technical foundation and research agenda for advancing the design, assessment, and deployment of next-generation geocoding systems.