Latin America Digital Scent Technology Market Size & Outlook
Latin America digital scent technology market, 2018-2030 (US$M)
Latin America digital scent technology market highlights
- The Latin America digital scent technology market generated a revenue of USD 74.1 million in 2023.
- The market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, e-noses was the largest revenue generating hardware in 2023.
- E-noses is the most lucrative hardware segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 74.1 million |
| Market revenue in 2030 | USD 152.3 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | E-noses |
| Fastest growing segment | E-noses |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-noses |
| Key market players worldwide | Affectiva, Aroma Bit, Aromajoin, Fraunhofer-Gesellschaft, Kiwa Bio-Tech Products Group, Owlstone, Scentsy, Sensigent, Smiths Detection, The eNose Company |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.0% of the global digital scent technology market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 545.1 million by 2030.
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Digital Scent Technology Market Scope
Digital Scent Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America digital scent technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital scent technology market will help companies and investors design strategic landscapes.
E-noses was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America digital scent technology market based on e-noses covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of digital scent technology market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America digital scent technology market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America digital scent technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America digital scent technology market
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