Due to technical hurdles in a developed society, there has been a growing need to create new materials and technologies. Nanomaterials are among the emerging materials with exceptional optical and electrical characteristics, making them ideal for various applications. The current work focuses on recent developments in the visual and electrical characteristics of nanostructured (Ns) glasses and composites. The process for making nanostructured glasses has been briefly discussed. The analysis of optical elements reveals that Ns glasses exhibit both a direct and indirect band gap and that the degree of the samples' nanostructuring affects how the band gap is tuned. Compared to their bulk counterparts, the electrical characteristics of glasses with nanostructures demonstrate improved electrical conductivity. According to published research, nanostructuring increases phonon boundary scattering, which lowers thermal conductivity. In light of their uses, more attention has to be paid to the thermal and thermoelectric characteristics, which have received little attention in the context of nano glasses. The investigation of the features and creation of novel nano-glasses may enable the creation of technologies that will improve humankind's future. These nanostructured glasses are a good choice for various scientific and commercial applications because of their structural composition, grain size, flaws, and other factors. From the complete study noticed that it has some drawbacks which includes the production of vast numbers of nano glasses with wellmanaged microstructures requires highly developed economic approaches.