Overview and Scope
The Internet of Nano Things (IoNT) refers to a network of interconnected nanoscale devices, sensors, and machines that are connected to the Internet and communicate with each other to perform various tasks. The devices and sensors in IoNT are typically very small, often with dimensions of less than 100 nanometers, and can be embedded into everyday objects and materials.
Sizing and Forecast
The internet of nano things market size has grown exponentially in recent years. It will grow from $19.47 billion in 2023 to $23.72 billion in 2024 at a compound annual growth rate (CAGR) of 21.8%. The growth in the historic period can be attributed to rise in demand for smart devices, healthcare monitoring applications, environmental monitoring solutions, energy management in smart grids, smart agriculture practices, industrial automation and control.
The internet of nano things market size is expected to see exponential growth in the next few years. It will grow to $52.84 billion in 2028 at a compound annual growth rate (CAGR) of 22.2%. The growth in the forecast period can be attributed to healthcare nanobots and nanomedicine, expansion in environmental monitoring networks, security and surveillance enhancements, iont in smart homes and buildings, emergence of bio-inspired nanosystems. Major trends in the forecast period include nanotechnology integration with iot, advancements in nanosensors technology, collaboration in iont research and development, precision agriculture with ai and iont, iont in wearable technology.
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Segmentation & Regional Insights
The internet of nano things market covered in this report is segmented –
1) By Product: Nano Phones, Nano Cameras, Nano Processors, Nanosensors, Nano Power System, Nano Memory Cards, Nano Antennas And Receivers, Other Products
2) By Network Architecture: Nano-Nodes, Nano-Routers, Nano-Micro Interface Devices, Gateway
3) By Communication Type: Short Distance, Long Distance
4) By End User: Healthcare, Logistics, Defense And Aerospace, Manufacturing, Energy And Power, Retail, Other End Users
North America was the largest region in the internet of nano things market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global internet of nano things market during the forecast period. The regions covered in the internet of nano things market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The surge in the number of linked devices and computers is expected to propel the growth of the Internet of Things market in the coming future. Linked devices and computers refer to devices and computers that are connected to the Internet through various communication technologies such as Bluetooth, Wi-Fi, cellular networks, and wired networks. An increase in the number of computers and linked devices expand the Internet of Things, as it is used to wirelessly transport data from a PC or cellular network to the cloud. For instance, in June 2021, UK government statistic, the percentage of households with internet-connected smart televisions was 51%. Furthermore, according to Cisco Systems Inc., a US-based digital communications technology conglomerate company, nearly 30 billion devices or connections will be there by 2023, and average broadband speeds will rise from 46 Mbps to 110 Mbps. Therefore, the surge in the number of linked devices and computers is driving the Internet of Things market.
Key Industry Players
Major companies operating in the internet of nano things market report are Cisco Systems Inc., IBM Corporation, Siemens AG, Intel Corporation, Qualcomm Technologies Inc., Schneider Electric Industries SAS, Juniper Networks Inc., Nokia Corporation, Robert Bosch GmbH, Microsoft Corporation, Bruker Corporation, Agilent Technologies Inc., Infineon Technologies AG, Dell Technologies Inc., Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., SAP SE, Alcatel-Lucent SA, Gemalto N.V., Texas Instruments Inc., Analog Devices Inc., STMicroelectronics N.V., NXP Semiconductors N.V., TE Connectivity Ltd., Broadcom Inc., Renesas Electronics Corporation, Atmel Corporation, Cypress Semiconductor Corporation, Microchip Technology Inc., Maxim Integrated Products Inc., ON Semiconductor Corporation, ARM Holdings plc, Marvell Technology Group Ltd., MediaTek Inc., Murata Manufacturing Co. Ltd., TDK Corporation, Fujitsu Limited, Toshiba Corporation
The internet of nano things market report table of contents includes:
1. Executive Summary
2. Internet Of Nano Things Market Characteristics
3. Internet Of Nano Things Market Trends And Strategies
4. Internet Of Nano Things Market – Macro Economic Scenario
5. Global Internet Of Nano Things Market Size and Growth
…..
31. Global Internet Of Nano Things Market Competitive Benchmarking
32. Global Internet Of Nano Things Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Internet Of Nano Things Market
34. Internet Of Nano Things Market Future Outlook and Potential Analysis
35. Appendix
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