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)
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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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