Market Share of Internet Of Nano Things Industry
The internet of nano things market is semi competitive and consists of several key players like Schneider Electric, IBM, and Intel. However, the market remains consolidated, with many players trying to occupy the share. Their ability to continually innovate their products and services by investing significantly in research and development has allowed them to gain a competitive advantage over other players.
In January 2022, a ground-breaking new strategy for licensing the use of cellular IoT Standard Essential Patents was revealed by Nokia and Nordic Semiconductor. Nordic will now offer businesses the chance to purchase licenses to Nokia's impressive collection of cellular patents, which leads the industry.
In September 2021, Siemens AG focused on enhancing its distribution capabilities. For instance, the company announced that it entered a strategic distribution partnership with Digi-Key Electronics to offer its automation and control products.
Internet of Nano Things Market Leaders
Schneider Electric SE
Siemens AG
IBM Corporation
Intel Corporation
Cisco Systems Inc.
*Disclaimer: Major Players sorted in no particular order
