Nov 18, 2022   SOURCE: BusinessWire

Track & Trace Solutions Global Market Report 2022: Benefits of Efficient Packaging & Logistics Management, Continuous Transparency, and Product ID Verification Services Boosting Adoption - ResearchAndMarkets.com

The "Track & Trace Solutions Market Analysis by Product, by Technology, by Application, by End-Users, and by Region - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.

The global track & trace solutions market size is estimated to be USD 2,951.10 million in 2021 and is expected to witness a CAGR of 14.99% during the forecast period. The market is driven by the adoption of these solutions for efficient packaging & logistics management, continuous transparency, and product ID verification services enabling hassle-free product movement within the sales channel.

Factors such as drug forging, stringent regulations, and rising number of downline vendors are increasing the global market. However, high cost of implementation of these solutions, lack of adequate infrastructure, and inadequate technical knowledge in emerging economies are expected to hinder the growth.

Track & Trace Solutions Market, By Product (Revenue, 2021-2029, USD Million)

Software

  • Bundle Tracking Software
  • Line Controlling Software
  • Plant Manager Software
  • Others

Hardware

  • Monitoring & Verification Solutions
  • Printing & Marking Solutions
  • Labelling Solutions
  • Others

Track & Trace Solutions Market, By Technology (Revenue, 2021-2029, USD Million)

  • RFID
  • Barcodes

Track & Trace Solutions Market, By Application (Revenue, 2021-2029, USD Million)

Aggregation Solutions

  • Bundle Aggregation
  • Case Aggregation
  • Pallet Aggregation

Serialization Solutions

  • Label Serialization
  • Bottle Serialization
  • Carton Serialization
  • Data Matrix Serialization

Track & Trace Solutions Market, By End-Users (Revenue, 2021-2029, USD Million)

  • Medical Device Manufacturers
  • Pharmaceutical Companies
  • Others

Track & Trace Solutions Market, By Region (Revenue, 2021-2029, USD Million)

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Russia
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM

Middle East & Africa

  • South Africa
  • Saudi Arabia
  • Rest of MEA

Key Topics Covered:

1. Research Methodology

2. Introduction: Track And Trace Solutions

3. Executive Summary

4. Market Dynamics

5. Market Environment Analysis

6. COVID-19 Impact Analysis: Track And Trace Solutions Market

7. Market Analysis by Product

8. Market Analysis by Technology

9. Market Analysis by End user

10. Market Analysis by Application

11. Regional Market Analysis

12. North America Track And Trace Solutions Market

13. Europe Track And Trace Solutions Market

14. Asia Pacific Track And Trace Solutions Market

15. Latin America Track And Trace Solutions Market

16. MEA Track And Trace Solutions Market

17. Competitor Analysis

18. Company Profiles

19. Conclusion & Recommendations

Companies Mentioned

  • Mettler-Toledo International Inc. (U.S.)
  • Optel Group (Canada)
  • Axway Software (France)
  • Adents International (France)
  • TraceLink Inc. (U.S.)
  • Siemens AG (Germany)
  • Regolo S.r.l. (Italy)
  • Korber AG (Germany)
  • Systech Corporation (U.S.)
  • ACG Group (India)

For more information about this report visit https://www.researchandmarkets.com/r/xazy0l