Internet of Nano Things

Internet of Nano Things

Global Internet of Nano Things Market to Reach $45.5 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Internet of Nano Things estimated at US$13.5 Billion in the year 2020, is projected to reach a revised size of US$45.5 Billion by 2027, growing at a CAGR of 19% over the analysis period 2020-2027. Nano Sensors, one of the segments analyzed in the report, is projected to record a 20.8% CAGR and reach US$13.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Nano Phones segment is readjusted to a revised 19.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 18.5% CAGR

The Internet of Nano Things market in the U.S. is estimated at US$4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.9 Billion by the year 2027 trailing a CAGR of 18.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17% and 15.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR.Nano Cameras Segment to Record 18% CAGR

In the global Nano Cameras segment, USA, Canada, Japan, China and Europe will drive the 18% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$5.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 46 Featured) -

• Cisco Systems, Inc.
• Gemalto NV
• IBM Corporation
• Intel Corporation
• Juniper Networks, Inc.
• Nokia Networks
• Qualcomm, Inc.
• SAP SE
• Schneider Electric SA
• Siemens AG

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