One
of the major factors driving the
growth of IoNT market is the rise of ubiquitous connectivity.
With the increasing number of computer devices and interconnection
capabilities over the internet, various industrial applications of
IoNT have been identified. The interconnection of nano devices has
enabled efficient communication of data between different devices or
components of a system. Thus, through IoNT, organizations are able to
reduce the complexity in communication and increase the efficiency of
processes using such connected devices. Moreover, government’s
support for the development of IoNT technology for healthcare has
further increased the demand and awareness of IoNT. However, the
growth of the IoNT market faces a few challenges due to privacy and
security issues. Since critical data is communicated between devices
over the internet, concerns related to security of the data have
risen. Another factor which hinders the growth of IoNT market is the
huge capital investment required for the development of
nanotechnology.
Nanoscale
devices and systems characterized with their size of 100 nanometer
and below are predominantly used to study phenomena such as near
field behavior in electromagnetics and optics, single-electron
effects and quantum confinement in electronics and other effects in
biological, fluidic and mechanical systems. Internet
of nano things (IoNT) is the interconnectivity of such nanoscale
devices over the internet and other communication networks. The
Internet of Nano Things (IoNT) provides seamless communication and
transmission of data for the given range of operations.
Increasing interconnection of
nanosensors and nanotechnology with consumer devices and other
physical assets have led to an immense growth in the scope of
internet. Internet of Nano things (IoNT) provides capabilities for
inter-communications between nano devices for data collection,
processing and sharing with the end-users. IoNT has found
applications in various industries such as healthcare, manufacturing,
transportation and logistics, energy and utilities, media and
entertainment, retail and other services.
More
Information :
Internet
of Nano Things (IoNT) infrastructure can be deployed as a combination
of various nanotechnologies and nano devices. The IoNT infrastructure
depends on the area of operation and required bandwidth for a
particular application. Deployment of IoNT infrastructure provides
high speed of communication and reduces the bandwidth pressure on
existing communication infrastructure. The growth of the Internet of
Nano Things (IoNT) primarily focuses on improving processing
capabilities, providing larger storage capacity at lower costs and
increasing the role of communication terminals. The IoNT
infrastructure can be deployed in various eco-systems such as
electro-magnetic waves, Wi-Fi, Li-Fi, radio frequency identification
(RFID) and nano antenna.
Immense
growth opportunities of the IoNT market have been identified through
its applications in various sectors such as healthcare,
transportation, logistics, manufacturing, media, entertainment and
retail. With technological advancements in the IoNT, the scope of
IoNT and its applications is on the rise. Major companies are
conducting research on nanotechnology and constantly developing nano
systems with wider scope of applications. Some of the major players
in the IoNT market are Intel Corporation, Cisco Systems Inc.,
Qualcomm Incorporated, Juniper Networks and IBM Corporation in U.S.,
Schneider Electric and Alcatel-Lucent S.A. in France, and SAP S.E.
and Siemens AG in Germany among others.
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