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Calls this era of innovation the Fourth Industrial Revolution.
In January 2017 government and business leaders met in Davos, Switzerland to discuss how to navigate these unprecedented changes. It is a monumental discussion, because the reality is that these regular and system-wide innovations will continue to crack the foundations of traditional industries for years to come. Businesses need to recognize this and make sure that they will be nimble enough to succeed wherever change takes them.
• Research and Markets www.researchandmarkets.com
has announced the addition of the “Nanotechnology Market Outlook 2020″ report to their offering.
The global Nanotechnology industry will grow to reach US$ 75.8 Billion by 2020
• Hyderabad, Jan. 19, 2017 (GLOBE NEWSWIRE) —
The report, “Nanotechnology Market by Type (Nanocomposites, Nanofibers, Nanoceramics, Nanomagnetics); By Application (Medical diagnosis, Energy, ICT, Nano-EHS); By End-Users (Electronics, Pharmaceuticals, Biotechnology, Textile, Military) – Forecast (2016-2021)”, published by IndustryARC, the global nanotechnology market revenue is forecast to grow at 16.9% CAGR to reach $12.83 Billion by 2021.
Browse 18 Market Tables, 66 Figures spread through 179 Pages and an in-depth TOC on “Nanotechnology Market (2016 – 2021)”
The World Economic Forum
Opportunities for Nanotechnology Commercialisation
Huge expectation from the society: By knowing the advantages and benefits of nanotechnology, people are waiting for the breakthrough of nanotechnology products in all areas of the consumer requirements in the society.
Opportunity for new innovative product development: Based on substantial advantages and hence expected huge demand for nanotech products, there are infinite opportunities for new product development in different areas of the society.
Opportunity for both small business and mega business players based on their investment capacity: Since nanotechnology products vary from simple cosmetic product to screen infrared rays from skin to food products to self-generating molecular motors, depending on the interest and capability of firm, it can focus on a product so that both small and financially strong business firms have opportunity in nanotechnology product development and marketing.
Opportunity for new product development for entrepreneurs in their existing field itself so that they can use their experience: Being general purpose technology, nanotechnology provides scope for existing firms to upgrade their products/services. Hence, the existing entrepreneurs can plan to improve their products by improving them using nanotechnology features for improved performance.