About Internet of Nano Things
The internet of nano things (IoNT) is an integrated system of miniaturized devices particularly nanosensors that are used to transfer data over the network connectivity. The various nanotechnologies integrated together into an IoNT system are used for a wide number of applications specifically a smart industry will use IoNT devices to monitor the temperature, humidity, and other environmental conditions. This technology is also widely used in the biomedical and healthcare sector for genetic engineering, health monitoring, etc. Many automobiles connected with those nanosensors or IoNT can help exchange data such as spatial information for improving the safety and accuracy of the automobile assistance systems.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Honeywell International Inc. (United States), Intel Corporation (United States), Microsoft (United States), Apex Probes Ltd. (United Kingdom), Qualcomm Technologies, Inc. (United States), IBM (United States), Applied Nanodetectors Ltd. (United Kingdom), Siemens AG (Germany), Juniper Networks, Inc. (United States), Eutelsat (France) and AT&T (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Huawei Technologies Co., Ltd. (China), Kineis (France) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Internet of Nano Things market by , Application (Health Monitoring, Genetic Engineering, Environment Monitoring, Nuclear, Biological, and Chemical (NBC) Defenses, Food and Water Quality Control and Others) and Region.
On the basis of geography, the market of Internet of Nano Things has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Nano Nodes will boost the Internet of Nano Things market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Biomedical & Healthcare Industry will boost the Internet of Nano Things market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in the Internet of Nano Things (IoNT) and The advent of IoNT in Nano Medicines
Market Growth Drivers:
The increasing demand for the internet of nano things (IoNT) in the biomedical and healthcare research sector because of many benefits nanotechnology has. It provides a more accurate, sophisticated diagnosis and detection of diseases, treatment and advanced monitoring. The nanodiagnostics, nanosurgery, regenerative medicines, and nanomedicine can be enhanced by IoNT
Challenges:
Adherence to Stringent Regulatory Guidelines Associated with the Internet of Nano Things (IoNT) and High Cost Involved with the Internet of Nano Things (IoNT)
Restraints:
Problems with Security, Privacy and Content Management
Opportunities:
Increasing Government Support and Investments in the Internet of Nano Things (IoNT) and Continuous Research and Development Regarding the Internet of Nano Things (IoNT) will Boost the Market Growth
Market Leaders and their expansionary development strategies
In September 2019, Eutelsat launched its ELO constellation of nanosatellites project targeting the Internet of Things (IoT) market. This ELO constellation is expected to number 25 nanosatellites in the next three year including this year. The constellation's first four operational satellites will be developed under the supervision of Loft Orbital and Clyde Space. Partnership with IoT network operator and service provider Sigfox will enable unparalleled integration between terrestrial and satellite networks, according to the company's statement.
In February 2020, Kineis announced that they have raised capital of 100 million euros for financing its constellation of nanosatellites dedicated to the Internet of Things project. CLS, CNES, Bpifrance via the fund for Industrial Project Companies (SPI), financed by the ‘Investments for the Future’ Programme and the European Investment Bank, Ifremer, Thales, CELAD, BNP Paribas Developpement, HEMERIA, and other industrial and financial partners are investing in and supporting Kineis’ ambition to provide universal satellite connectivity. 25 nanosatellites will be added to complement the service which has been provided by the Argos system to scientific and environmental communities for more than 40 years. Kinéis will also develop its activity in the new markets opened up by the IoT.
Key Target Audience
Internet of Nano Things Manufacturers, Internet of Nano Things International Traders, Internet of Nano Things Distributors and Suppliers, Research and Development Institutes, Financial Institutes and Venture Capital, Regulatory Bodies, Industry Associations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.