US Digital Scent Market to see Huge Growth by 2029
The US digital scent market is estimated to grow at a CAGR of over 15.5% during the forecast period. Advancements in technology in the areas of hardware diminishment and processing power have opened new horizons for the users to experience new kinds of realities with the help of various kinds of devices. The potential applications of such interfaces are huge and key players including Apple, Google and Facebook are investing heavily in developing and augmenting the new platform and to provide enhanced digital services to their customers. With the increasing user demand for experiencing better quality digital experiences, the demand for digital scent technology is expected to increase significantly in the near future in the US.
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Moreover, as the healthcare sector is growing in North America, it is further expected to create opportunities for the growth of digital scent technology. Bio-sensing is one of the applications which is being extensively used in the healthcare industry. Biosensors are basically being used in the healthcare industry for recognizing and tracking the physiological process inside the body. It is basically used for the critical secondary and tertiary analysis of the physiological mechanisms. In 2017, Aromyx Corp. filed a patent with a title of the biosensor for detecting the smell, scent, and taste. The patent relates to the biosensors which are being used for the detection of the odor of mammals including humans, dogs, and others. The invention is also related to the standardization of odor for the smell. The patent also discusses the development of new technology so as to invent new odor so as to use it in numerous other applications.
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· Market Coverage
· Market number available for – 2023-2029
· Base year- 2022
· Forecast period- 2023-2029
· Segment Covered- By Source, By Product Type, By Applications
· Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
· Inc., and others
Market Segmentation
US Digital Scent Market by Hardware
o E-Nose
o Scent Synthesizer
US Digital Scent Market by End-User
o Entertainment
o Marketing
o Healthcare
o Food & Beverages
o Others (Military & Defense, Environment Monitoring)
Company Profiles
o Aromyx Corp.
o Electronic Sensor Technology, Inc.
o Mood Media Corp.
o Nevada Nanotech Systems Inc.
o Owlstone Inc.
o Scent Sciences Corp.
o Sensigent LLC
o ScentSational Technologies LLC
o Stratuscent Inc.
o Tellspec Inc.
o Vaporsense, Inc.
The Report Covers
- Comprehensive research methodology of the US Digital Scent Market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US Digital Scent Market.
- Insights about market determinants which are stimulating the US Digital Scent Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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