he globalย track and trace solutionsย industry was estimated at $2.03 billion in 2019, and is expected to hit $6.12 billion by 2027, registering a CAGR of 14.6% from 2020 to 2027. The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing market opportunities.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ:ย https://www.alliedmarketresearch.com/request-sample/2131
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ, ๐ซ๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ, ๐๐ง๐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ-
Increase in adoption of advanced track and trace solutions, favorable government intervention, and stringent regulations & criteria for the implementation of serialization drive the growth of the global track and trace solutions market. On the other hand, high cost of infrastructure setup impedes the growth to some extent. However, technological advancement in track and trace solutions is expected to create lucrative opportunities in the industry.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) @ย https://www.alliedmarketresearch.com/checkout-final/8c608acfaa4e12bebb2444fc47e8e382
๐๐จ๐ฏ๐ข๐-๐๐ ๐ฌ๐๐๐ง๐๐ซ๐ข๐จ-
The worldwide disrupted supply chain increased the demand for technology that can determine current and past locations of a drug, which in turn boosted
The global track and trace solutions to a significant extent.
This drift is likely to continue post pandemic as well, since the same demand from the medical industry is projected to persist in order to ensure a well-maintained chain.
๐๐ก๐ ๐ก๐๐ซ๐๐ฐ๐๐ซ๐ ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฒ ๐๐๐๐-
Based on product type, the hardware systems segment accounted for more than half of the global track and trace solutions market share in 2019, and is expected to lead the trail by the end of 2027. The fact that these systems assist in the production and supply chain to ensure product quality and authenticity drives the growth of the segment. The software solutions segment, on the other hand, would register the fastest CAGR of 15.3% from 2020 to 2027, owing to its mounting adoption in biotechnology, pharmaceutical, and medical device companies to continuously manage manufacturing facilities, product lines, bundle tracking, warehousing, and shipping.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐จ๐ซ ๐๐ก๐จ๐ซ๐ญ-๐ญ๐๐ซ๐ฆ ๐๐ง๐ ๐๐จ๐ง๐ -๐ญ๐๐ซ๐ฆ ๐๐ฆ๐ฉ๐๐๐ญ๐ฌ ๐จ๐ ๐๐๐๐๐-๐๐ ๐๐ญ:ย https://www.alliedmarketresearch.com/purchase-enquiry/2131
๐๐ก๐ ๐๐๐ซ๐๐จ๐๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐จ๐ง’๐ฌ ๐ฌ๐ก๐๐ซ๐ ๐๐ฒ ๐๐๐๐-
Based on technology, the barcode segment contributed to nearly three-fifths of the global track and trace solutions market revenue in 2019, and is expected to retain its dominance by 2027. This is due to the ample data storage capacity of two-dimensional (2D) barcodes over linear barcodes coupled with increasing applications of 2D barcodes in biotechnology and pharmaceutical products packaging. At the same time, the RFID segment would manifest the fastest CAGR of 15.4% from 2020 to 2027. Rise in the number applications used in the pharmaceutical & biotechnology companies and hospitals propels the segment growth.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ ๐๐ซ๐ง๐๐ซ๐๐ ๐ญ๐ก๐ ๐ก๐ข๐ ๐ก๐๐ฌ๐ญ ๐ฌ๐ก๐๐ซ๐ ๐ข๐ง ๐๐๐๐-
Based on geography, North America held the major share in 2019, generating nearly two-fifths of the global track and trace solutions market, due to the presence of highly regulated serialization and aggregation standards and advanced healthcare infrastructure in the region. Simultaneously, the market across Asia-Pacific would manifest the fastest CAGR of 16.2% throughout the forecast period. Implementation of regulations to enhance the quality and reliability of pharmaceutical drugs, development of the pharmaceutical and biotechnology market, and increase in pressure to curb high incidence of counterfeit drugs in the developing Asian countries fuel the market growth.
๐ ๐ซ๐จ๐ง๐ญ๐ซ๐ฎ๐ง๐ง๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-
Axway Software SA
TraceLink Inc.
OPTEL GROUP
Adents International
Siemens AG
Seidenader Vision GmbH
METTLER TOLEDO International Inc.
Zebra Technologies Corporation
Robert Bosch GmbH
Uhlmann Group.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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