Global Internet of Nano Things Market Size study & Forecast, by Component (Hardware, Software, and Connectivity/Services), End User (Healthcare, Logistics, Defense and Aerospace, Manufacturing, Energy and Power, Retail, Other End Users) and Regional Analysis, 2022-2029
Global Internet of Nano Things Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 22.38% over the forecast period 2022-2029. Internet of Nano Things refers to the combining of nanoscale gadgets with current communication networks and fast internet. It uses tiny sensors that are linked to one another via a nano network to collect data from things. It is anticipated that the advancement of nanotechnologies, the Internet of Things (IoT), nanomachines, and the Internet of Nano Things (IoNT) would have a significant influence on advanced development across all industries, including smart homes, smart cities, and others. IoT adoption across end-user industries and widespread device connectivity are two important drivers that are fueling the market's expansion.
A significant advancement in semiconductor design and manufacturing was made in May 2021 when IBM announced the creation of the first chip in the world to use 2 nm nanosheet technology. Semiconductors are employed in many different fields, such as computers, appliances, communication, transportation, and critical infrastructure. Additionally, Qualcomm Technologies, Inc. announced a partnership with Microsoft in January 2022 at the 2022 Consumer Electronics Show (CES) to expand and hasten the adoption of Augmented Reality (AR) in both the consumer and commercial sectors. However, high Costs of Technology stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Internet of Nano Things Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is leading the overall market share owing to new technologies and innovations to produce higher quality products and Semiconductors are used in various applications. however, Asia Pacific is expected to be the fastest growing region due to the emergence of nanotechnology.
Major market players included in this report are:
Juniper Networks Inc.
Alcatel-Lucent S.A.
Schneider Electric SE
Siemens AG
IBM Corporation
SAP S.E.
Intel Corporation
Qualcomm Incorporated
Cisco Systems, Inc.
Gemalto
Recent Developments in the Market:
January 2022, Advanced Material Development (AMD) declared that the company has been awarded a crucial InnovateUK ""Analysis 4 Innovators"" grant to focus on verifying its next-generation innovative nanomaterial-based gas sensors. Utilizing cutting-edge testing tools and measurement and analytical expertise, the business is collaborating with the National Physical Laboratory (NPL) on designing and testing devices.
February 2022, the most recent version of the market-leading NX software from Siemens Digital Industries Software, which is a component of the Xcelerator range of software and services, has just been released. The most recent version of the NX programme makes use of cutting-edge innovations such as artificial intelligence (AI) and sophisticated simulation capabilities while also investing heavily in productivity and capability advancements to help its community of designers, engineers, and manufacturers develop more quickly.
Global Internet of Nano Things Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Components and End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Components:
Hardware
Software
Connectivity/Services
By End User:
Healthcare
Logistics
Defense and Aerospace
Manufacturing
Energy and Power
Retail
Other End Users
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies Mentioned
Juniper Networks Inc.
Alcatel-Lucent S.A.
Schneider Electric SE
Siemens AG
IBM Corporation
SAP S.E.
Intel Corporation
Qualcomm Incorporated
Cisco Systems, Inc.
Gemalto
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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