Nanotechnology has seen a rapid increase in market share over the past two decades. According to various market research reports, the global nanotechnology market was valued at several billion dollars in recent years and is expected to grow at a compound annual growth rate (CAGR) of more than 10% over the next five years. This growth is driven by advancements in nanomaterials, nanoelectronics, and nanomedicine, among other sectors.
