Digital Scent Technologies Market – Growth, Trends, Covid-19 Impact, And Forecasts (2019 – 2027)
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.
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.