Recent innovations in 2D magnetic materials and their potential applications in the modern era

In recent years, enormous efforts have been made to identify and manipulate the exotic electrical and magnetic properties at a two-dimensional (2D) limit of various exciting materials. The spin–orbit coupling (SOC) in 2D van der Waals (vdW) heterostructures opens a fascinating and versatile platform to implement the intriguing quantum-engineered spintronic devices for practical applications. This review comprehensively outlines the modern-era progress of investigating the inherent magnetism of atomically thin 2D materials. Firstly, in this review, the most recent developments of synthesis, characterizations, functionalities, and spin textures in 2D magnetic materials are summarized in detail. Secondly, we conferred the well-known phenomena related to the proximity effect, spin–orbit torque (SOT), spin valve magnetic tunnel junction (MTJ), spin field effect transistor (FET) and magneto memristive-based applications. In addition, we also explored the possible interplay between 2D magnetic materials and associated band topology for spin caloritronics. Finally, we provided our perspective on the recent and upcoming challenges and goals of this promising research area, which leads the 2D magnetic materials to the modern era of energy-efficient quantum computing.