Track and Trace Solutions Market Analysis, Size, Current Scenario and Future Prospects

The global track and trace solutions market is anticipated to grow at a considerable CAGR of 16.5% during the forecast period. The key factor positively influencing track and trace solutions market growth includes the key strategies adopted by key market players. The market players operating in the market are increasingly focusing on R&D to develop new and technology-based products such as IoT technology, and digital among others to remain competitive in the market and also to expand their product portfolio. For instance-

·        In July 2022, Dentsu supports the UK Government by launching a new digital track and trace system for tobacco products that are implemented and managed by Dentsu Tracking. This new system assists the UK government with digital, data-driven traceability functionality it helps monitor the movement of legal tobacco products (tracking) and empowers UK authorities to detect and combat the various forms of illicit trade.

·        In December 2021, Monotech Systems launched the track and trace solution Tracesci commercially viable supply chain authentication and tracking solution. This new solution is powered by Blockchain and a SaaS platform this help to get actionable product data for strategic decision-making and operational excellence.

·        In August 2020, Borqs Technologies launched its mobile smart tracking solution, BeSmartTrack in Taiwan to meet international demand to track and trace the global spread of COVID-19. This new solution is being deployed with a leading mobile carrier network operator in Taiwan using IoT technology Cat-M1.

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Market Coverage

                 The market number available for – 2021-2028

                 Base year- 2021

                 Forecast period- 2022-2028

Segment Covered- 

                 By Product

                 By Technology

                 By Application

                 By End-User

Regions Covered-

                 North America

                 Europe

                 Asia-Pacific

                 Rest of the World

Competitive Landscape- ACG, Antares Vision S.p.A., Axway Group, Robert Bosch GmbH, ThinkCurve Technologies, Videojet Technologies Inc., and Zebra Technologies Corp., among others.

Track and Trace Solutions Market Report Segment

By Product 

                 Hardware Systems

                 Software Solutions

By Technology 

                 Barcode

                 RFID

By Application

                 Serialization Solutions

                 Aggregation Solutions

By End-User

                 Pharmaceutical & Biotechnology Companies

                 Medical Device Companies

                 Others (Food and Beverage, and Consumer Packaged Goods)

A full Report of Track and Trace Solutions Market is Available @  https://www.omrglobal.com/industry-reports/track-and-trace-solutions-market

Track and Trace Solutions Market Report by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

                 Latin America

                 Middle East and Africa 

Company Profiles 

                 ACG 

                 Adents International

                 Aparito Ltd.

                 Bar Code India Ltd.

                 Holostik

                 Jekson Vision

                 Kezzler AS 

                 Körber Pharma GmbH

                 Laetus GmbH

                 Markem-Imaje Group

                 Nupac

                 Optel Vision Inc.

                 rfxcel Corp

                 Sea Vision S.r.l.

                 SAP

                 Sys-Tech Solutions, Inc.’s

                 ThinkCurve Technologies 

                 TraceLink Inc.

                 Uhlmann

                 Videojet Technologies Inc.

                 VISIOTT Technologie GmbH

                 WIPOTEC-OCS GmbH

                 Zebra Technologies Corp.

                 ZETES INDUSTRIES 

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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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