The digital scent technology market is projected to grow from $1.2 billion in 2024 to $2 billion by 2029, growing at a CAGR of 10.5% from 2024 to 2029, according to a recent report.
The United States and Canada are leading the market in North America due to rising technological enhancements and the growing adoption of AI in these countries.
The region's consumers are increasingly seeking personalized and immersive experiences, which has fueled the demand for digital scent technology in products ranging from smart home devices to virtual shopping experiences. This trend is expected to propel the market growth in the coming years.
The market for e-nose will hold the largest share during the forecast period. E-nose is an artificial olfaction device integrated with an array of chemical gas sensors, a signal processing unit, a sampling system, and a system with a pattern classification algorithm used for the analysis of gases, vapors, or odors.
