PUBLISHER: TechNavio | PRODUCT CODE: 1604051
PUBLISHER: TechNavio | PRODUCT CODE: 1604051
Track And Trace Solutions Market 2024-2028
The track and trace solutions market is forecasted to grow by USD 1887.4 mn during 2023-2028, accelerating at a CAGR of 12.4% during the forecast period. The report on the track and trace solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent laws to ensure product safety, traceability, and authenticity, growing focus on counterfeit prevention, and increased focus on serialization.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 12.3% |
CAGR | 12.4% |
Incremental Value | $1887.4 mn |
Technavio's track and trace solutions market is segmented as below:
By Component
By Geographical Landscape
This study identifies the new product launches by vendors as one of the prime reasons driving the track and trace solutions market growth during the next few years. Also, integration of blockchain technology in track and trace solutions and collaborations and partnerships by vendors will lead to sizable demand in the market.
The report on the track and trace solutions market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading track and trace solutions market vendors that include ACG, Accenture PLC, Antares Vision S.p.A, Avery Dennison Corp., Axway Software SA, Honeywell International Inc., Jekson Vision, Laetus GmbH, Marchesini Group Spa, Mettler Toledo International Inc., Optel Group, Oracle Corp., Robert Bosch GmbH, SAP SE, SATO Holdings Corp., Sea Vision, Siemens AG, Syntegon Technology GmbH, TraceLink Inc., Uhlmann Pac Systeme GmbH and Co. KGA, and Zebra Technologies Corp.. Also, the track and trace solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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