The Global Digital Scent Technologies Market is projected to reach USD 4.04 billion in 2027. The key factors influencing the market include increasing demand for the electronic smell sensing technologies, growing emergence of the digital market strategies for the products that include flavor & fragrance, rising penetration for the e-commerce shopping, and higher proliferation for the telemedicine or online healthcare services, and non-invasive healthcare techniques. The growing proliferation of virtual reality, emergence of telemedicine coupled with higher proliferation of the e-commerce industry are the key factors driving global growth in the market.
Digital Scent Technologies Market Size - USD 536.1 million in 2019, Market Growth - CAGR of 28.6%, Market Trends - Growing prevalence of the digital scent technologies in digital marketing & entertainment sectors.Virtual reality & augmented reality are some area of high development which is expected to create a plethora of new use cases for digital sensing as the demand for the smell sensing technology apart from existing virtual & augmented audio visual is magnificently being heightened for a higher immersive experience.
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 team of researchers from Gandia campus of Valencia's Polytechnic University and the La Fe Health Investigation Institute created a prototype of an electronic nose.
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Product Type Outlook (Revenue: USD Billion; 2017-2027)
Mobile Phone & Computer
Virtual Reality Devices
Medical Diagnostic Devices
Quality Control Product
Application Outlook (Revenue: USD Billion; 2017-2027)
Queries addressed in the Global Digital Scent Technologies Market Study:
Who are the major participants, and what are their strategies in the Global Digital Scent Technologies market?
What are the outcomes of the SWOT and Porter's five forces analyses of the Digital Scent Technologies market?
What are the different opportunities and threats operating in the Global Digital Scent Technologies market?
What are the strengths and weaknesses and business strategies of the leading producers or suppliers in the Digital Scent Technologies market?
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The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Digital Scent Technologies market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Digital Scent Technologies market.
Highlights of the TOC:
1. Report Overview 1.1 Research Scope 1.2 Key Digital Scent Technologies market segments 1.3 Major players 1.4 Market analysis by product 1.5 Market analysis by application 1.6 Report timeline
2. Global Growth Trends 2.1 Global Digital Scent Technologies market size 2.2 Latest Digital Scent Technologies market trends 2.3 Key growth trends
3. Competitive Landscape 3.1 Global Digital Scent Technologies market key players 3.2 Global Digital Scent Technologies size by manufacturers 3.3 Products of major players 3.4 Entry barriers in the Digital Scent Technologies market 3.5 Mergers, acquisitions, joint ventures, and strategic alliances
The Global Digital Scent Technologies Market Report offers extensive knowledge and information about the Digital Scent Technologies market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Digital Scent Technologies market further validated and verified by the industry experts and professionals. The Global Digital Scent Technologies Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Digital Scent Technologies market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
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