Global track and trace solutions market is projected to register a CAGR of 10.5% in the forecast period of 2020 to 2027. The new market report contains data for the historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027
Market Segmentation:
Global Track and Trace Solutions Market, By Product (Software Components, Hardware Components, Standalone Platform), Solution (Line & Site-Level Serialization, Cloud Enterprise-Level Traceability, Distribution and Warehouse Solution, Supply Chain Data-Sharing Network, Others), Application (Serialization, Printing, Labeling and Packaging Inspection, Aggregation, Tracking, Tracing, Reporting), Technology (2D Barcodes, Radiofrequency Identification (RFID), Linear/1D Barcodes), End User (Pharmaceutical & Biopharmaceutical Companies, Consumer Packaged Goods, Luxury Goods, Food and Beverage, Medical Device Companies, Contract Manufacturing Organizations, Repackagers, Cosmetics Companies, Others), Distribution Channel (Direct Sales, Third Party Distributors), Country (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey and rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and rest of Asia-Pacific, Brazil, Argentina and rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Egypt and rest of Middle East and Africa) Industry Trends & Forecast to 2027

Some of the major factors contributing to the growth of the global track and trace solutions market are:

- Rising cases of drug counterfeiting
- Stringent regulations imposed by government on serialization and labeling

Market Players

The key market players for global track and trace solutions market are listed below:

- Adents
- Uhlmann
- ANTARES VISION S.p.A.
- METTLER TOLEDO
- OPTEL GROUP
- SEA VISION S.r.l.
- Xyntek Incorporated
- Jekson Vision
- RFXCEL.CORP.
- Laetus GmbH
- Grant-Soft Ltd.
- PharmaSecure Inc.
- Systech
- Zebra Technologies Corp.
- ACG
- WIPOTEC-OCS GmbH
- Domino Printing Sciences plc
- Kevision Systems
- SL Controls Ltd
- Arvato Systems
- Axyway
- TraceLink
- Korber AG
- SAP SE
- Siemens
- IBM Corporation
- Videojet Technologies, Inc.
- NJM
- Robert Bosch Manufacturing Solutions GmbH