Digital Scent Technologies Market To Be Worth USD 4.04 Billion By 2027 | Emergen Research
In 2027, the Global Digital Scent Technologies Market is expected to be worth USD 4.04 billion. The key factors influencing the market include rising demand for electronic smell sensing technologies, the increasing emergence of digital market strategies for products containing flavour and fragrance, rising penetration for e-commerce shopping, and increased proliferation for telemedicine or online healthcare services, as well as non-invasive healthcare techniques. The addition of a sense of smell is expected to open up a plethora of new use cases in a variety of end-use verticals, particularly marketing, entertainment, and healthcare.
Virtual reality and augmented reality are two areas of high development that are expected to generate a slew of new use cases for digital sensing as the demand for smell sensing technology, in addition to existing virtual and augmented audio visual, is magnificently increasing for a more immersive experience.
The global market landscape of Digital Scent Technologies is expected to remain highly competitive and consolidated, with a number of small start-ups, medium and large players. Increasing demand for technological development and greater product diversification ensure enormous potential for innovative players during the projected era.
The report’s other key findings suggest
The increasing emergence of virtual reality and its applications in the entertainment sector, as well as higher penetration for the highly immersive experience for gaming, videos, and movies, are intentionally assisting in the marker growth. Both the in-theater and on-screen cinema experiences can be greatly enhanced by incorporating digital scent technologies.
The hardware sub-segment, which consists of E-Nose and Scent Synthesizer, is still undergoing extensive R&D and is attempting to accumulate many newer smell sensing sensors. It is the leading sub-segment due to higher R&D and expensive sensor technologies.
Europe’s tremendous advancement in modern healthcare techniques, as well as the increased prevalence of telemedicine and online healthcare checkups, are significantly contributing to the overall market growth.
Key players in the market include Scent Sciences Corporation, Electronics Sensor Technology, The eNose Company, ScentSational Technologies LLC, AIRSENSE Analytics GmbH, Scentcom Ltd., Smiths Detection Inc., and ams AG, among others.
In January 2018, a group of researchers from Valencia’s Polytechnic University’s Gandia campus and the La Fe Health Investigation Institute developed an electronic nose prototype. The e-nose can tell the difference between Crohn’s disease and ulcerative colitis without an invasion.
Emergen Research has segmented the global Digital Scent Technologies Market by Product Type, Application, Component, and Region for the purposes of this report:
Product Type Outlook (Revenue: USD Billion; 2017-2027)
- Mobile Phone & Computer
- Virtual Reality Devices
- Medical Diagnostic Devices
- Explosives Detector
- Quality Control Product
Application Outlook (Revenue: USD Billion; 2017-2027)
Component Outlook (Revenue: USD Billion; 2017-2027)
- Polymer Sensor
- Piezoelectric Sensor
- Mosfet Sensor
- Optical Fiber Sensor
- Scent Synthesizer
Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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