Report

Internet of Nano Things Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

  • Publish Date: Apr,2023
  • Report ID: 16-13-1266
  • Page : 200
  • Report Type : PDF (Email)
IBM Enterprise
- Prophet Enterprise
- Internap Enterprise
- Bundle Inc. (An Equinix Inc. Organization)
- Scaleway Inc.
- Amazon Web Administrations Inc
- Rackspace Inc.
- CenturyLink, Inc.
- LightEdge Arrangements, Inc
[Report Description]

The Web of Nano Things Market was esteemed at USD 1,761.57 million out of 2020 and is supposed to arrive at USD 11,148.62 million by 2026, register a CAGR of 35.08% over the gauge period (2021 - 2026). The miniaturization of the devices that are connected to the Internet of Nano Things (IoNT) makes it very similar to the Internet of Technology.

Highlights The IoNT, which is increasingly being regarded as the next major technological innovation, will be empowered by the development of nanomachines with communication capabilities and interconnection with micro- and macro-devices. These devices, whose dimensions range from one nanometer to one hundred nanometers, are connected to conventional networks, resulting in new networking paradigms.
Since IoNT has recently found major applications in the fields of nano-drones that could be used for monitoring and carrying explosives sufficient enough to penetrate the targetted subject, it is anticipated that increased government spending in the aerospace and defense sector will drive the IoNT market over the forecast period.
The development of technology over the past few years has primarily contributed to the rapid growth of smart environments (including offices, homes, and cities). The Internet of Things (IoT) technology emerged as a result of the rapid expansion of such environments, which opened the door to application interconnectivity and Internet usage. The manufacturing sector is revolutionizing the self-powered, high bandwidth devices that are used for advance manufacturing (AM), artificial intelligence (AI), and IoT with the integration of autonomous and embedded sensors through a combination of micro and nanosystem technologies. Key Market Trends The Healthcare Industry is Expected to Hold a Significant Share The expectations of a better quality of life combined with the aging population and the changing lifestyles have resulted in an increase in demand for more efficient, affordable, and improved healthcare. This new communication networks paradigm is
The properties of a material developed on a nanoscale, which offer the potential to cross natural barriers and access new sites of delivery, are primarily used in the development of nanomedicine. Because of this nanometric size, it is possible to interact with DNA or small proteins at various levels in the blood or within cells, organs, and tissues.
The ability to detect diseases early or in their earliest stages has been made possible by advances in nanotechnology. For instance, NJIT inventors Bharath Babu Nunna and Eon Soo Lee developed a nanotechnology-enhanced biochip in April 2019 that uses a pinprick blood test to detect cancer, malaria, and viral diseases like pneumonia early in their progression.
The emergence of seamlessly connected sensors and devices that have the potential to enhance healthcare services and an anticipated increase in IoT utilization in healthcare are reflected in the convergence of ICT and medical fields. Advanced medical equipment may be to blame for the rise in demand for M2M and M2H communication support and the adoption of IoT in the healthcare industry.
It is anticipated that North America will hold the largest share. Various harmful diseases are proving to be a significant obstacle for modern medicine. This, combined with the region's growing awareness of consumer health, calls for more advanced technology. Because it offers a number of potential ways to improve medical diagnosis and therapy, including regenerating tissues and organs, nanomedicine was introduced in this industry to overcome this obstacle.
Devices that significantly improve breathing, especially for asthmatics and allergy sufferers, have been developed by a number of companies. For example, Dr. Goswami, Director of the University of South Florida's Clean Energy Research Center, developed Molekuile's Air purifier, which uses cutting-edge nanotechnology that is far superior to HEPA filters.
One of the primary factors that is anticipated to fuel the market's growth over the course of the forecast period is the government's and regulatory bodies' increasing efforts to encourage IoT adoption throughout the region. For instance, the "IoT Readiness Act," which was introduced in July 2019 by lawmakers in the United States, requires the Federal Communications Commission (FCC) to determine how much spectrum is required to accommodate the anticipated growth of IoT devices.
Additionally, it is anticipated that the nanosensors market will benefit from cost-effective manufacturing due to their small size. In addition, one of the primary drivers of the expansion of nanotechnology in the biomedical and healthcare sector in the North American region is the rapidly increasing demand for portable diagnostic sensing systems that are smaller and more efficient.
Landscape of Competitors There are a lot of major players in the internet of nano things market, including Schneider Electric, IBM, Intel, and others. However, the market is still tightly controlled, and numerous players are vying for market share. By significantly investing in research and development, they have been able to continuously innovate their products and services, giving them an advantage over rivals.

The first fire-resistant, self-extinguishing motion sensor and power generator were developed by UCLA and two other universities in March 2019. The apparatus could be incorporated into the footwear or clothing of firefighters, oil drillers, or other individuals who work in harsh conditions or in extreme temperatures. Triboelectric nanogenerators are what make up the self-powered sensor.
Dec. 2019: A blueprint developed by physicists at the University of Sussex was published to assist researchers in comprehending how to maximize the effectiveness of health sensor nanomaterials. The nanomaterials hold great promise as the key to wearable technology that can wirelessly monitor real-time blood pressure, pulse, breathing, and joint movement.