Track And Trace Market Scope And Analysis

Report Code : TIPRE00039037
Category : Technology, Media and Telecommunications

No. of Pages : 150

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Track & Trace Market Scope and Analysis Report by 2030

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Track & Trace Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 10.42 Billion
Market Size by 2030	US$ 33.48 Billion
Global CAGR (2022 - 2030)	15.7%
Historical Data	2020-2022
Forecast period	2022-2030
Segments Covered	By Component Hardware Software Services By Organization Size SMEs and Large Enterprises By Application Aggregation; Serialization; and Tracking Tracing Reporting By End User Automotive Consumer Goods Electronics Life Sciences Retail & E-Commerce
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	ACG Group Axway Software Mettler Toledo Open Text Corporation Optel Group Sea Vision Srl Sepasoft Inc Softgroup AD Tracelink Inc

Track & Trace Market Recent Developments:

The market players adopt inorganic and organic strategies to expand their market penetration. As per company press releases, below are a few key developments:

In January 2024, MeCure Industries Plc launched a Track-and-trace solution to ensure product safety and elevate patient safety standards in Nigeria. This solution was developed in response to the Nigerian pharmaceutical industry's dual imperative to balance the accessibility of medicines and the growing threat of fake and counterfeit drugs in the market.
In March 2023, ID TECH, a prominent RFID manufacturer from India, launched IDT 87 IN RFID integrated reader. The solution was launched mainly to cater to the transportation, manufacturing, and retail sectors.