Several Strategies Adopted by Key Players is Driving the Global Track and Trace Solutions Market Growth

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-

Browse the full report description of “Track and Trace Solutions Market Size, Share & Trends Analysis Report by Product (Hardware Systems and Software Solutions), by Technology (Barcode and RFID), by Application (Serialization Solutions and Aggregation Solutions), and by End-User (Pharmaceutical & Biotechnology Companies, Medical Device Companies, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/track-and-trace-solutions-market

• 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.

Market Coverage

• The market number available for – 2021-2028

• Base year- 2021

• Forecast period- 2022-2028

• Segment Covered- 

o By Product

o By Technology

o By Application

o By End-User

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o 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.

Key questions addressed by the report

• What is the market growth rate?

• Which segment and region dominate the market in the base year?

• Which segment and region will project the fastest growth in the market?

• Who is the leader in the market?

• How players are addressing challenges to sustain growth?

• Where is the investment opportunity?

Global 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)

Global Track and Trace Solutions Market Report by Region

North America

• US

• Canada

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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