Smart Bottle Market Smart Bottle Market

Smart Bottle Market Key Players, Trends, Growth Opportunities and Industry Forecast till 2025 “The smart bottle market is driven by rising demand for smart bottles in pharmaceuticals and alcoholic beverages. Technological advances such as implementation of AI and IoT are likely to boost the market growth during the forecast period.” The global smart bottle market is expected to witness a significant CAGR of 14.75% during the forecast period. A smart bottle is a game-changing innovation that addresses more on efficiency and customer experience. Technically, a smart bottle comprises two components. Electrical component contains the circuitry for power, microcontroller unit, and Bluetooth connectivity. The mechanical unit functions as the locking mechanism of the bottle. There are certain unique features and advantages associated with its use. Firstly, from the medicine perspective, the push notification sent over patient’s smartphone serves as an active reminder to take his medicines accordingly. The notifications stop coming only when the user unlocks his bottle only to avoid the possibility of forgetting to take medications for a longer period. Secondly, every “unlock” operation of the bottle enables the user to log the event of the medicine taken. This information gets stored on the server and is available to the pharmacist through his app. Lastly, the user’s information cannot be misused by pharmacist and is protected via authentic credentials of user. Get Sample Copy of this Report @ https://www.millioninsights.com/industry-reports/smart-bottle-market/request-sample The smart bottle market is driven by rising demand for smart bottles in pharmaceuticals and alcoholic beverages. Technological advances such as implementation of AI and IoT are likely to boost the market growth during the forecast period. Several companies are now coming up with mobile applications that help users with easy of storage and display proper nutrition levels present in the fluid.