What are new technologies, products, or services that eventually surpass the existing dominant technology or product in a market called?

Disruptive innovation

Explanation:

Disruptive innovation are considered those new technologies, products or services whose application can greatly impact the manner in which an industry or a market functions. This is because the surpass the existing dominant product or technology. One example of a disruptive innovation is the internet. The internet altered the manner in which business was done by companies, but negatively affected those who refused to adopt it.