IMARC Group, a leading market research company, has recently releases report titled “Digital Scent market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The study provides a detailed analysis of the industry, including the global digital scent market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the digital scent market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 1.11 Billion |
| Market Forecast in 2028 | US$ 1.92 Billion |
| Growth rate (2023 to 2028) | CAGR of 9.40% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is Digital Scent?
Digital scent refers to using hardware components, such as an e-nose and a scent synthesizer, to sense, receive, and transmit odors digitally. This innovative technology employs various devices and electronic components, including gas sensors, to detect, simulate, replicate, and generate several smells. Chemical sensors are utilized in digital scents to analyze the chemical composition of an odor and convert it into an online signal that can be transmitted via the internet or other platforms. In addition to this, this technology aids in enhancing immersive experiences to diagnose diseases, improve product flavor and aroma, and conduct environmental monitoring, such as gas leak detection. As a result, digital scent finds widespread applications across various sectors, including military and defense, healthcare, food and beverage (F&B), and waste management (environmental monitoring).
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What are the growth prospects and trends in the digital scent industry?
The extensive utilization of this technology by doctors to aid in the diagnosis of certain diseases based on the smell of the breath or bodily fluids of patients is primarily driving the digital scent market. Besides this, the rising need for e-noses to monitor air quality and detect harmful gases and pollutants in the environment and the continuous release of organic and inorganic contaminants into the air, land, and water are posing severe health risks to humans, plants, and animals, which are further augmenting the market growth. Moreover, the integration of artificial intelligence (AI) into digital scent to enable more precise and accurate detection of specific odors and the creation of customized fragrance profiles based on individual preferences or specific use cases is also catalyzing the global market. Apart from this, the introduction of an artificial smell system capable of reliably assessing the freshness of meat by mimicking the capabilities of the mammalian nose, with a color-changing ‘barcode’ that responds to gases released, is expected to bolster the digital scent market in the coming years.
Who are the key players operating in the industry?
The report covers the major market players including:
- AIRSENSE Analytics GmbH
- Alpha MOS
- Aryballe Technologies SA
- Comon Invent B.V.
- Electronic Sensor Technology Inc.
- EnviroSuite Limited
- Plasmion GmbH
- Sensigent LLC
- The eNose Company
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Scent Synthesizer
- E-Nose
Breakup by End-Use Industry:
- Military and Defense
- Healthcare
- Food and Beverage
- Waste Management (Environmental Monitoring)
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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