The nanostructured materials are the basic scientific interest in the research community. The properties of nanostructured materials with their variable sizes, shapes and reduced dimensions boost their performance towards wide variety of applications concomitant to electronics, optoelectronics, sensors, photocatalysis, and biomedical field. Among all the established methods to design nano structured materials, micro-emulsion has attained a significant role because of its unique properties like thermodynamically stability, ultralow interfacial tension, and large interfacial area. Apart from its versatility, microemulsion is one of the most cost effective and environmentally benign preparation method which can control the particle size, geometry, morphology, homogeneity, and surface area of nano structured materials. This review article focuses on the recent development in the above area, various factors that influence the oil-in water micro-emulsion (µ-emulsion) to formulate different shapes and size of nano structured materials.