Press release
Internet of Nano Things Market 2021 Emerging Trends and Technology - Cisco Systems, Inc., Intel Corporation, IBM Corporation, Siemens AG
The Internet of Nano Things Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Internet of Nano Things Market was valued at USD 9.90 billion in 2019 and is expected to reach USD 36.17 billion by 2025, at a CAGR of 24.12% over the forecast period 2020- 2025.
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Top Leading Companies of Global Internet of Nano Things Market are Cisco Systems, Inc., Intel Corporation, IBM Corporation, Siemens AG, Schneider Electric Se, Thales Group (Gemalto N.V.), SAP S.E., Juniper Networks inc., Qualcomm Inc., Nokia Corp. (Alcatel-Lucent S.A.) and others.
Industry News and Updates:
- August 2017 - Internet of Nano Things (IoNT) has wide applications that can revolutionize various domains. One such application has been in telemedicine. The cost of clinical trials and drug delivery can be significantly reduced. The patient data can be analyzed in real time and necessary analysis can be performed in the patient reaction.
Key Market Trends:
Healthcare Industry is Expected to Hold a Significant Share
- The expectations of a better quality of life coupled with the aging population and the changing lifestyles have resulted in an increase in demand for more efficient and affordable and improved healthcare.
- For instance, Cambridge University nanotech researchers collaborated with a US insurer and other corporate players to explore the commercial potential of an intelligent lavatory that capture's massive amount of key data in users urine which could then be used for the timely and effective delivery of the personalized medicines.
- The development of nanomedicine which uses properties of a material developed on a nanoscale offering the potential to cross natural barriers and access new sites of delivery. This nanometric size allows interaction with the DNA or small proteins at different levels in the blood or within organs, tissues, and cells.
- With advancements in the fields of nanotechnology has allowed in the detection of diseases in very minute amounts or in the initial stages. For instance, in April 2019, a pair of NJIT inventors Bharath Babu Nunna and Eon Soo Lee has been instrumental in developing nanotechnology enhanced biochip to detect cancers, malaria and viral diseases such as pneumonia early in their progression with a pinprick blood test.
- With increased spending on healthcare by emerging and developed economies is expected to boost the investment in the fields of IoNT which would influence the market positively.
North-America is Expected to Hold the Largest Share
- Various harmful diseases are proving to be a tremendous challenge for modern medicine. This, coupled with growing consumer health awareness in the region, means for more advanced technology. Nano medicine was introduced in this industry to overcome this hurdle since it offers a number of potential ways to improve medical diagnosis & therapy, even in regenerating tissues and organs.
- Nanomaterials have been instrumental in improving a body's acceptance of transplants, artificial bone materials, and other implanted medical devices. For instance, in 2016, the US Department of Health and Human Services invested USD 500 million for the development of medical devices containing nanomaterials.
- Various companies have been instrumental in developing devices that drastically helps the person to improve breathing especially for asthma and allergy sufferers. For instance, Molekuile's Air purifier that was developed by Dr. Goswami, the Director of the University of South Florida's Clean Energy Research Center uses brand new nanotechnology that is far superior to the HEPA air filters.
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Highlights of the Internet of Nano Things Market Report:
– Detailed overview of Internet of Nano Things Market
– Changing the Internet of Nano Things market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Internet of Nano Things market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Internet of Nano Things Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Internet of Nano Things Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Internet of Nano Things industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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