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. 

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.

The market is segmented on the basis of hardware and end-user. On the basis of end-user, the market is segmented into E-nose and scent synthesizer. Among hardware, the market for E-nose is expected to have the largest market share owing to recent advancements in digital nose technology. Further, on the basis of end-user, the market is segmented into marketing, entertainment, food & beverages, healthcare, and others such as military & defense and environment monitoring. Numerous companies such as Aromyx Corporation, Electronic Sensor Technology, Inc., Mood Media Corporation, Smiths Detection Inc., ScentSational Technologies LLC, OwlStone Inc., Sensigent LLC, and others are engaged in the development of digital scents.

Research Methodology

The market study of the US digital scent market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for digital scent manufacturers, healthcare organizations, food & beverage industry, entertainment industry, marketing industry, research organizations, government organizations, regulatory bodies, investment companies, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of the market size and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions. 

Market Segmentation

1. US Digital Scent Market Research and Analysis by Hardware
2. US Digital Scent Market Research and Analysis by End-User

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.