There are many reasons to be excited about Nanotechnology! The private industry, governments & investors are taking place with multi-billion dollar investments in nanotechnology research.
Careful planning & focus on a particular area will allow successful players to evaluate and reap the rewards this vast market has to offer. It goes without saying that nanotechnology is the next revolution.
- The National Science Foundation projects that nanotechnology will constitute a $1–trillion-a-year megamarket by 2015.
- Projected annual growth rate of 900% to reach $2.6 trillion of manufactured goods in 2014.
- Nanotechnology users will exceed 250 million households within the next 5 years.
- Rapidly growing demand due to unlimited possible applications for surfaces.
- 5 million business users forecast within 2 years.
- Total global revenue on Nanotechnology will reach $25 billion 2008.
- The global nanotechnology market in 2002 stood at about $7 billion, roughly comparable in size to the biotechnology sector, but far smaller than the $800 billion global informatics market. Today, the nanotechnology market is growing more than twice as fast as either of the other two.
The future of Nanotechnology is bright as the market preview shows as well!