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Global Digital Scent Technology Market Share Expected to Grow, Will Reach USD 1.92 Billion By 2028, at 9.1% CAGR: Polaris Market Research

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Global Digital Scent Technology Market Share Expected to Grow, Will Reach USD 1.92 Billion By 2028, at 9.1% CAGR: Polaris Market Research

April 15
02:59 2022
Global Digital Scent Technology Market Share Expected to Grow, Will Reach USD 1.92 Billion By 2028, at 9.1% CAGR: Polaris Market Research
According to the research report, the global digital scent technology market size & share was valued at USD 996.6 Million in 2020 and is expected to reach USD 1.92 Billion by 2028, to grow at a CAGR of 9.1% during the forecast period.

According to the research report, the global digital scent technology market size & share was valued at USD 996.6 Million in 2020 and is expected to reach USD 1.92 Billion by 2028, to grow at a CAGR of 9.1% during the forecast period.

Digital scent technology is the engineering subject that deals with olfactory representation. It is a technology to sense, transmit and receive scent-enabled digital media like video games, motion pictures, extended reality, and virtual reality. The sensing part of this technology functions by utilizing olfactometers and electronic noses. Today’s modern progression in nanotechnology and biotechnology is authorizing digital scent technology to help various industry sectors with nanotechnology, medical technology, and entertainment and fashion industry sectors. This application is possible as perfumers use this technology on emotional, neurological, and psychological levels.

With digital scent technology, it can digitally sense, transmit, reproduce and recapture flavors, smells, and fragrances through the internet, smell blazing tires in racing games, smell a perfume online, and send e-cards from scent authorized websites. The things can be sensed using a device that is USB powered and intended to discharge suitable smells at suitable times. This technology assists in creating characters and provides an emotional intelligence of reality.

Request Sample Copy of Research Report @ https://www.polarismarketresearch.com/industry-analysis/digital-scent-technology-market/request-for-sample

(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Important Questions Being Answered by The Market Report

  • What is the market size and growth?
  • What are the prominent recent trends impacting the product lifecycle and ROI?
  • Which official rage molds corporate level, business, and functional level strategies?
  • Which micromarketing imagination of leading players will usher investments?
  • What can be the foremost skeleton and instruments for PESTLE analysis?
  • Which region will observe growth in new opportunities?

 

Top Market Players in Digital Scent Technology Market Are:

  • Alpha MOS SA (France)
  • Smiths Detection (US)
  • Ams AG (Austria)
  • centSational Technologies (US)
  • AIRSENSE Analytics GmbH (Germany)

 

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Digital scent technology market: Growth leading factors

The latest implementation of e-nose technologies has emerged because of progression in material improvement, sensor design, software transformation, and advancement in microcircuitry design and systems integrations. Creating several new e-nose arrays and sensor types dependent on contrasting detection principles and mechanisms is associated with the expansion of new applications. E noses have been beneficial in agriculture, commercial industries, cosmetics, biomedical, manufacturing, food, environment, and pharmaceuticals.

The demand for e-noses is increasing due to inconsistency detection and pattern recognition. The e-nose determines alterations in air composition, thus holding probability in recognizing the risk of odor inconvenience and other gas-related risks. The e-nose will warn about unstable air conditions by inserting alert levels. E noses generate signal patterns that correspond to the exposed gas mixture. It ventures to gauge the nature of the gas that caused an unusual air composition.

The covid-19 widespread has impacted the development of several industries globally. The manufacturing of raw materials, logistics, and many other indispensable industrial operations are stopped in growing industrial regions. These factors have impacted the growth of the digital scent technology market.

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Digital scent technology market: Report Scope

Report Attribute

Details

Market Size 2020 Value

USD 996.6 million

Market Outlook for 2028

USD 1.92 billion

Expected CAGR Growth

9.1% from 2021 – 2028

Base year

2021

Forecast period

2021 – 2028

Segments covered

By Hardware device, By Application, By End-Use, By Region

Key Companies

AIRSENSE Analytics GmbH (Germany), Smiths Detection (US), Alpha MOS SA (France), AMS AG (Austria), ScentSational Technologies (US)

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization Options

Customized purchase options are available to meet your research needs.

 

Digital scent technology market: Key segmentation

  • Insight by a hardware device, application, end-use, and region

 

The e-nose is the leading segment by hardware devices owing to its utilization in various industries, including defense, military, food, drinks, and healthcare. Uninterrupted technological progression and lowering the cost of e-noses are the primary factors pushing e-nose growth. By application, the medical segment has the largest share because of the increasing usage of digital smell technologies in medical diagnostics, inpatient treatment, and metabolic disorders. By end-use, the digital fragrance technology rules the market as its presence in medical, food and beverage, marketing, and medical applications has grown the popularity of the smartphones.

By region, North America held the largest share in the digital scent technology market. It is expected to continue dominating the market during the forecast period due to several significant players in the region. The prominent factors nourishing the market growth are the growing acquisition of intensified digital services by customers, utilization of biosensors for early detection of diseases, the stringent official environment in context to indoor air quality in the US, and incredible e-nose advancements in applications in agricultural and medical industries.

Browse the full “Digital Scent Technology Market Share, Size, Trends, Industry Analysis Report, By Hardware Devices (E-nose, Scent Synthesizer); By End-Use (Military & Defense, Medical, Marketing, Environmental Monitoring, Entertainment, Others); By Application; By Regions; Segment Forecast, 2021 – 2028” Report at https://www.polarismarketresearch.com/industry-analysis/digital-scent-technology-market

Key highlights of the report

  • Exhaustive research methodology of the global digital scent technology market
  • An in-depth and sizeable market overview with insights from the critical analyst
  • The all-inclusive analysis of macro and micro factors impacted by the market and guided by significant recommendations
  • Inspection of regulations that are regional and other government policies influencing the global digital scent technology market
  • Perception about market determinants that are restoring the market
  • In-depth and substantial market segments with regional distribution of forecasted revenues

 

The market primarily depends on the hardware device, application, end-use, and region

Digital scent technology market: By hardware device

  • E-nose
  • Scent Synthesizer

 

Digital scent technology market: By application

  • Smartphones
  • Smelling Screens
  • Music & Video Games
  • Explosives Detectors
  • Quality Control Hardware devices
  • Medical Diagnostic Hardware devices
  • Others

 

Digital scent technology market: By end-use

  • Military & Defense
  • Medical
  • Marketing
  • Environmental Monitoring
  • Entertainment
  • Others

 

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

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