The Track and Trace Solutions Market is expected to be around US$ 9.20 Billion by 2028 at a CAGR of 12% in the given forecast period.
The key factors fueling the market growth are availability of the advanced technologies for T&T activities. For example, barcode technology is broadly being adopted as a T&T solution due to its several benefits, including reduced disparities in cost, improved stock visibility and improved safety and compliance. Likewise, radio-frequency identification (RFID) is also attaining popularity as another T&T solution as it uses transmitter-receiver systems for contact-free identification and finds objects and living beings using radio waves. Moreover, government authorities of several countries are offering legislative support to companies tackling with counterfeit activities, which, in turn, are augmenting the market growth. Other key factors projected to foster the market growth are expanding pharmaceutical and biotechnology industries and the surging demand for aggregation systems and automated serialization in the healthcare industry.
The global Track and Trace Solutions market is segregated on the basis of Product as Software, Hardware Components and Standalone Platforms. Based on Technology the global Track and Trace Solutions market is segmented in Barcodes and Radio Frequency Identification (RFID). Based on End-User the global Track and Trace Solutions market is segmented in Pharmaceutical & Biopharmaceutical Companies, Medical Device Companies, Cosmetic Industry and Other End Users.
The global Track and Trace Solutions market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Track and Trace Solutions market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Zebra Technologies, Xyntek, Systech, Siemens, Körber Medipak Systems, Sea Vision, Adents, ACG Worldwide, Tracelink, Optel Group, METTLER TOLEDO, Axway, Antares Vision, Uhlmann, Jekson Vision, and others are among the major players in the global Track and Trace Solutions market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Track and Trace Solutions Market has been segmented as below:
Track and Trace Solutions Market, By Product
Track and Trace Solutions Market, By Technology
Track and Trace Solutions Market, By End-User
Track and Trace Solutions Market, By Region
Track and Trace Solutions Market, By Company
The report covers:
Report Scope:
The global Track and Trace Solutions market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Track and Trace Solutions market share. Major industry players with significant revenue share include Zebra Technologies, Xyntek, Systech, Siemens, Körber Medipak Systems, Sea Vision, Adents, ACG Worldwide, Tracelink, Optel Group, METTLER TOLEDO, Axway, Antares Vision, Uhlmann, Jekson Vision, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter’s Five Force Analysis
5. Track and Trace Solutions Market, By Product
5.1. Introduction
5.2. Software
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Hardware Components
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Standalone Platforms
5.4.1. Market Overview
5.4.2. Market Size and Forecast
6. Track and Trace Solutions Market, By Technology
6.1. Introduction
6.2. Barcodes
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Radio Frequency Identification (RFID)
6.3.1. Market Overview
6.3.2. Market Size and Forecast
7. Track and Trace Solutions Market, By End-User
7.1. Introduction
7.2. Pharmaceutical & Biopharmaceutical Companies
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Medical Device Companies
7.3.1. Market Overview
7.3.2. Market Size and Forecast
7.4. Cosmetic Industry
7.4.1. Market Overview
7.4.2. Market Size and Forecast
7.5. Other End Users
7.5.1. Market Overview
7.5.2. Market Size and Forecast
8. Track and Trace Solutions Market, By Geography
8.1. Introduction
8.2. North America
8.2.1. North America Track and Trace Solutions, By Product
8.2.2. North America Track and Trace Solutions, By Technology
8.2.3. North America Track and Trace Solutions, By Category
8.3. Europe
8.3.1. Europe Track and Trace Solutions, By Product
8.3.2. Europe Track and Trace Solutions, By Technology
8.3.3. Europe Track and Trace Solutions, By End-User
8.4. Asia-Pacific
8.4.1. Asia-Pacific Track and Trace Solutions, By Product
8.4.2. Asia-Pacific Track and Trace Solutions, By Technology
8.4.3. Asia-Pacific Track and Trace Solutions, By End-User
8.5. Rest of the World
8.5.1. Rest of the World Track and Trace Solutions, By Product
8.5.2. Rest of the World Track and Trace Solutions, By Technology
8.5.3. Rest of the World Track and Trace Solutions, By End-User
9. Competitive Insights
9.1. Key Insights
9.2. Company Market Share Analysis
9.3. Strategic Outlook
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profiles
10.1. Zebra Technologies
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Xyntek
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. Systech
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Siemens
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Körber Medipak Systems
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. Sea Vision
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. Adents
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
10.8. ACG Worldwide
10.8.1. Company Overview
10.8.2. Product/Service Landscape
10.8.3. Financial Overview
10.8.4. Recent Developments
10.9. Tracelink
10.9.1. Company Overview
10.9.2. Product/Service Landscape
10.9.3. Financial Overview
10.9.4. Recent Developments
10.10. Optel Group
10.10.1. Company Overview
10.10.2. Product/Service Landscape
10.10.3. Financial Overview
10.10.4. Recent Developments
10.11. METTLER TOLEDO
10.11.1. Company Overview
10.11.2. Product/Service Landscape
10.11.3. Financial Overview
10.11.4. Recent Developments
10.12. Axway
10.12.1. Company Overview
10.12.2. Product/Service Landscape
10.12.3. Financial Overview
10.12.4. Recent Developments
10.13. Antares Vision
10.13.1. Company Overview
10.13.2. Product/Service Landscape
10.13.3. Financial Overview
10.13.4. Recent Developments
10.14. Uhlmann
10.14.1. Company Overview
10.14.2. Product/Service Landscape
10.14.3. Financial Overview
10.14.4. Recent Developments
10.15. Jekson Vision
10.15.1. Company Overview
10.15.2. Product/Service Landscape
10.15.3. Financial Overview
10.15.4. Recent Developments
The Track and Trace Solutions Market has been segmented as below:
Track and Trace Solutions Market, By Product
Track and Trace Solutions Market, By Technology
Track and Trace Solutions Market, By End-User
Track and Trace Solutions Market, By Region
Track and Trace Solutions Market, By Company
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