Track And Trace Solutions Market Scope And Analysis

Report Code : TIPHE100000989
Category : Technology, Media and Telecommunications

Status : Published
No. of Pages : 210

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Track and Trace Solutions Market Analysis, Trends, and Scope 2023 to 2028

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Track and Trace Solutions Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 6.86 Billion
Market Size by 2028	US$ 16.55 Billion
Global CAGR (2022 - 2028)	15.9%
Historical Data	2020-2021
Forecast period	2023-2028
Segments Covered	By Component Hardware and Software By Enterprise Size SMEs and Large Enterprises By Application Serialization and Aggregation By Industry Pharmaceutical Medical Devices Consumer Goods Food & Beverages
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 Axway Software SA Antares Vision SPA Markem Imaje AG Mettler Toledo International Inc Optel Group SEA Vision Grp Siemens AG TraceLink Inc

Industry Developments and Future Opportunities:

The track and trace solutions market forecast is estimated on the basis of various secondary and primary research findings, such as key company publications, association data, and databases. Strategies by key players operating in the track and trace solutions market are listed below:

In November 2023, Sys-Tech Solutions Inc. announced the launch of the UniSecure platform into the market. The platform is a comprehensive product security solution that detects diversion and counterfeiting. It offers unique product identification, traceability, and product verification through smartphones throughout the supply chain process. The newly launched platform caters to pharmaceutical, nutraceutical, medical products, skincare, and other markets.
In October 2022, Zebra Technologies Corporation announced the new PartnerConnect Location and Tracking Specialization for partners focused on selling RFID and real-time location systems (RTLS). Developed as a strategic component of Zebra’s award-winning PartnerConnect program, the new Location and Tracking Specialization provides resellers with the tools they need to drive RFID and RTLS sales and help businesses successfully deploy these solutions for transformational business benefits.

Competitive Landscape and Key Companies:

ACG, Axway Software SA, Antares Vision SPA, Markem-Imaje AG, Mettler-Toledo International Inc, Optel Group, SEA Vision Grp, Siemens AG, TraceLink Inc, and Zebra Technologies Corp are among the prominent players profiled in the track and trace solutions market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem. These companies focus on geographic expansions and product launches to meet the growing demand from consumers worldwide and increase their product range in specialty portfolios. Their global presence allows them to serve a large customer base, subsequently facilitating market expansion.