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Internet of Nano Things (IoNT) Market Worth $9.69 Billion by 2020
|By PR Newswire
|September 1, 2014 02:00 PM EDT
DALLAS, September 1, 2014 /PRNewswire/ --
According to new market report "Internet of Nano Things Market by Communication Type (Short & Long Distance Communication), by Nano Components & Devices (Cameras, Phones, Scalar Sensors, Processors, Memory Cards, Power Systems, Antennas & Transceivers) - Worldwide Forecast & Analysis (2016 - 2020), by MarketsandMarkets, defines and segments the IoNT Market into various sub-segments with in-depth analysis and forecasting of revenues. It also identifies drivers and restraints of this market with insights on trends, opportunities, and challenges.
Browse 73 market data tables and 41 figures spread through 125 pages and in-depth TOC on "Internet of Nano Things Market - Worldwide Forecast & Analysis (2016-2020)"
Early buyers will receive 10% customization on this report.
The number of connected devices is expected to increase at a rapid pace in the coming years. This is expected to drive further growth in the network size and complexity for real-time traffic handling, as most of these are smart devices having multiple features. To enable interaction among these devices, communication is required between real world physical elements; adopting the Internet of Nano things (IoNT) will facilitate communication over Internet for these devices.
This MarketsandMarkets report outlines the key trends that will shape the evolution of IoNT. The report is segmented into IoNT's communication types, devices, and regions. Also, this research report analyzes global adoption trends, future growth potential, competitive outlook, ecosystem, and best practices in this market.
This report speaks about the expected market size for the various devices involved in the operations and infrastructure of IoNT. It also highlights the revenue potential of the various communication technologies used for the operations of IoNT. The report consists of the opportunity analysis of various technologies involved such as radio frequency identification (RFID), Wi-Fi, Near Field Communication (NFC), Zigbee, and others. The report analyzes market sizes and revenue forecasts across different regions such as North America (NA),Asia-Pacific(APAC), Europe, Latin America (LA),and Middle East and Africa (MEA).
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The Internet of Nano Things (IoNT) is expected to grow from $4.26 billion in 2016 to $9.69 billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 22.81% from 2016 to 2020.
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