The global digital scent technologies market is forecast to reach $1.8 billion by 2030, according to the “Global Digital Scent Technologies Industry” report released by Reportlinker.com. Digital olfaction allows us to solve problems in ways that were impossible until now
The global market for digital scent technologies was estimated at $970.1 million in 2022, projecting to grow at a CAGR of 7.8% over the period 2022-2030.
E-Nose, one of the segments analyzed in the report, is projected to record 8.2% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Scent Synthesizer segment is readjusted to a revised 7.3% CAGR for the next 8-year period.
The scent synthesizer segment is readjusted to a revised 7.3% CAGR for the next eight-year period.
US Market: The U.S. market is estimated at $283.8 million in 2022.
China Market: The Chinese market is forecast to reach a projected market size of $307.4 million by the end of 2030, trailing a CAGR of 7.3% over the analysis period 2022 to 2030.