Track & Trace Solutions Market Share | Segmented by top manufacturers, geographical regions, trends and forecasts to 2028

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Market highlights for track and trace solutions

Brand protection technologies such as anti-theft and authentication aim to protect individual items rather than protecting the entire supply chain. Therefore, it is necessary to bring advanced technology into the system to avoid the introduction of counterfeit products at every stage of the supply chain

Straits Research has published a new report titled Global Track and Trace Solutions Market Report 2021-2028 to its extensive database of research reports. The latest report strives to provide an in-depth analysis of the market. Straits Research provides readers with a high level of accuracy, comprehensive studies, and systematic research methodologies curated through the data collected from direct and indirect sources. In addition, the forecast patterns in different regions where the Global market for track and trace solutions grows constantly. The report has studied the overall market in depth and extracted data from secondary sources.

Combating counterfeiting and identifying bulky product items requires a solution with automatic and invisible capabilities. Preventing brand equity has become an important focus for building business and maintaining product reliability. Hence, the increasing focus of drug and medical device manufacturers on brand protection is expected to drive the growth of the track and trace solutions market.

The global track and trace solutions market is anticipated to grow at a CAGR of 18.5% during the forecast period (2021-2028).

market for track and trace solutions

While studying the Track and Trace Solutions market growth report, we have also thoroughly analyzed the driving factors, development trends, restraints, challenges, and lucrative challenges to reveal the current and future market scenarios. Straits Research has provided a comprehensive report that contains the key market strategies based on the latest technologies, applications and different regions around the world. Due to the increasing demand in the track and trace solutions market, the industry is expected to witness significant growth over the forecast period.

competitive analysis

Key players Axway, Mettler-Toledo International, Inc., Optel Vision, TraceLink, Inc., Adents International, Antares Vision srl, Siemens AG, Seidenader Maschinenbau GmbH, ACG Worldwide, Systech, Inc. and IBM

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Market segmentation:

By product – Hardware Systems Printing & Labeling Solutions Monitoring & Verification Solutions Labeling Solutions Other Software Solutions Plant Manager Software Line Control Software Bundle Tracking Software Other

Through technology – RFID barcodes

through application – Serialization solutions Label serialization Bottle serialization Carton serialization Data matrix serialization Aggregation solutions Bundle aggregation Case aggregation Pallet aggregation

By end users – Pharmaceutical Biopharmaceutical Companies Medical Device Companies Other

healthcare end users Food & Beverage Consumer Goods Luxury Goods

This report forecasts revenue growth at global, regional and local levels. It analyzes 2021-2028 latest industry trends in each of the segments and sub-segments. Some of the major regions included in the market are listed below:

  • North America (USA, Canada)
  • Europe (UK, Germany, France, Italy)
  • Asia Pacific (China, India, Japan, Singapore, Malaysia)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

The report then uses market breakdown and data triangulation procedures to complete the entire market engineering process and arrive at the precise statistics for every segment and sub-segment. The report on the global Track and Trace Solutions Market has been curated by analyzing the key players operating in the market to provide an in-depth analysis. The report performed a SWOT analysis, Porter’s five forces analysis and a Pestle analysis.

Some of the key points covered by the report:

  • A comprehensive Overview of Global Track and Trace Solutions Market Analysis along with Product Description, Executive Summary, Growth Pattern, Size and Share.
  • Analyzes of the global market trends with historical and current data about the market and the forecast of compound annual growth rates (CAGRs) during the forecast period.
  • Lucrative growth opportunities and targeted promotional plans for the global track and trace solutions market.
  • Investments in research and development (R&D) activities, mergers and acquisitions (M&A) and the demand for new products and applications in the global track and trace solutions market.
  • In-depth analysis of the leading competitors in the market.

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Other features of the report:

  1. Provides in-depth analysis of key strategies focusing on corporate structure, R&D methodologies, localization strategies, manufacturing capabilities, distribution and performance in various companies.
  2. Provides valuable insight into the product portfolio, including product planning, development and positioning.
  3. Analyzes the role of the major market players and their partnerships, mergers and acquisitions.

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