This book presents experimental as well as simulation methodologies for analysis and development of nanostructures for introducing the desirable effects through modifications in the basic structure of select nanomaterials. The initial chapters in this book focus on exploring the basic aspects of nanomaterials, e.g., distinguishing features, synthesis, processing, characterization, simulation and application dimensions, or nanostructures that enable novel/enhanced properties or functions. The chapters also cover the size-dependent electronic, optical, and magnetic properties of nanomaterials in exposing the specific properties essential for applications in nanophotonics, nanoplasmonics, nanosystems (e.g., biological, medical, chemical, catalytic, energy, and environmental applications), and nanodevices (e.g., electronic, photonic, magnetic, imaging, diagnostic, and sensor applications). This book is a useful resource for students, researchers, and technologists in gathering recent knowledge on novel nanostructures and their use in different application areas.