Magnon, the quanta of spin waves, can serve as an efficient spin information carrier for memory and logic applications, with the advantages of the Joule-heating free induced low power-dissipation property and the phase-coherent induced quantum phenomena. In analogy to spintronics, magnonics focuses on the excitation, detection, and manipulation of magnons (spin waves). In recent years, with the development of nanotechnology, abundant magnonic phenomena emerge in the nanoscale, such as the spin Seebeck effect, magnon-mediated electric current drag effect, magnon valve effect, magnon junction effect, magnon resonant transimission, magnon transfer torque, spin wave propagation, subterahertz spin wave excitation, magnon Bose–Einstein condensation, and so on. Here, we review the recent progresses in magnonics from physics, materials to devices, shedding light on the future directions for magnonics.