The market for digital smell technology offers analysis and insights into the numerous aspects that are anticipated to be present throughout the forecast period as well as their effects on market growth. Globally accelerating digitization is accelerating the market for digital scent technologies.
Smell-enabled digital material, such as web pages, movies, and music, can be sensed, transmitted, and received with the help of a technique known as digital scent technology. The technique makes use of hardware gadgets like the e-nose and smell synthesizer that include gas sensors. It helps in both detecting and producing various odors.
In 2027, it is anticipated that the global market for digital scent technologies would amount to $4.04 billion. The key factors affecting the market are the rising demand for electronic smell sensing technologies, the growing adoption of digital marketing strategies for goods that include flavor and fragrance, rising e-commerce shopping penetration, and the higher uptake of telemedicine or online healthcare services, as well as non-invasive healthcare methods. The addition of smell is anticipated to open up a wide range of application possibilities, particularly in the marketing, entertainment, and healthcare industries.
The demand for smell sensing technology in addition to existing virtual and augmented audiovisual is magnificently being heightened for a higher immersive experience. Virtual reality & augmented reality are some areas of high development that are expected to create a plethora of new use cases for digital sensing.
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Digital Scent Technologies’ global market environment is anticipated to be highly competitive and largely consolidated, with a mix of tiny start-ups, medium-sized businesses, and large players. Growing consumer desire for technical advancement and greater product variety over the predicted age promise significant opportunities for inventive enterprises.
Further key findings from the report suggest
Intentionally assisting in the expansion of the market is the growing popularity of virtual reality and its applications in the entertainment industry, as well as the increasing penetration of the extremely immersive experience in gaming, videos, and movies. Digital fragrance technology can significantly improve the cinematic experiences in both theatres and on television.
The E-Nose and Scent Synthesizer hardware market is still going through a significant R&D period and is making substantial attempts to amass numerous novel scent sensing devices. It is the dominant sub-segment due to more expensive sensor technology and more R&D.
Due to its rapid advancement in contemporary healthcare techniques and the increased availability of telemedicine and online healthcare examinations, Europe is significantly contributing to the growth of the overall market.
An electronic nose prototype was developed in January 2018 by a group of scientists from the La Fe Health Investigation Institute and Valencia’s Polytechnic University’s Gandia campus. Without an invasion, the e-nose can tell the difference between patients with ulcerative colitis and Crohn’s disease.
Key players in the market include Scent Sciences Corporation, Electronics Sensor Technology, The eNose Company, ScentSational Technologies LLC, AIR SENSE Analytics GmbH, Scentcom Ltd., Smiths Detection Inc., and ams AG, among others.
Emergen Research has divided the global market for digital scent technologies into segments based on product type, application, component, and region for 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
- the U.S.
- the UK
- the Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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