Dublin, January 27, 2023 /PRNewswire/ — Track and Trace Solutions Global Market Report 2022 report added of ResearchAndMarkets.com Recruitment.
This report will provide strategists, marketers, and senior managers with the key information needed to evaluate the global Track and Trace Solutions market.
The global track and trace solutions market is projected to grow at a compound annual growth rate (CAGR) of 15.9%. $3.19 billion in 2021 $3.69 billion Tracking Solutions Market to grow by 2022 $6.47 billion At a CAGR of 15% in 2026.
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Major players in the track and trace solutions market are Adents, ACG Worldwide, rfXcel, Laetus GmbH, Grant-Soft Ltd, SL Controls Ltd, Arvato Systems, Syntegon Technology, Korber Medipak Systems AG, and Systech International Inc.
The Track and Trace Solutions Market is track and trace by entities (organizations, sole proprietorships, partnerships) used by the logistics industry to track vehicles, enhance security, reduce insurance costs and provide alert systems. Consists of selling solutions. For tracking vehicles during the transition period. Track-and-trace solutions refer to software-based services for tracking vehicles, load units, shipments, or products throughout the supply he chain, from supplier to consumer.
The main product types of the track and trace solutions market are hardware systems and software solutions. A hardware system refers to the physical parts or components of a computer or application and is used to track physical components such as desktops, laptops and servers from purchase through disposal. Various technologies involved include 2D barcodes, radio frequency identification (RFID), and linear barcodes. Applications include serialization, aggregation, tracking, tracing, and reporting. Various end users are the pharmaceutical, biopharmaceutical, medical device, food and beverage industries.
North America was the largest region in the track and trace solutions market in 2021. Asia Pacific It is expected to be the fastest growing region during the forecast period. Regions covered in the Track and Trace Solutions Market report are: Asia Pacific, Western Europe, Eastern Europe, North America, South America, middle eastWhen Africa.
Strict regulations and standards for serialization implementation are expected to drive future track and trace solutions market growth. Regulatory standards refer to the rules, laws, regulations, and advisory opinions of regulatory authorities that apply to the manufacture, marketing, and reimbursement of products. Rigorous regulations and standards passed by the government help increase capacity and improve foodborne disease surveillance and investigations through Pulsenet, the Integrated Food Safety Center of Excellence, and other programs .
For example, according to the European Commission, the UK-based enforcement agency of the European Union, in 2021 the EU-MDR regulation will be a major development related to serialization and traceability in the medical device sector.
The EU MDR is May 26, 2021Its purpose is to strengthen the regulations that were lacking when the previous MDD (Medical Devices Directive) Act was passed in 1992, and to emphasize market oversight to ensure the safety of medical devices throughout their life cycle. and improve performance. The number of serializations drives the track and trace solutions market.
Adoption of Radio Frequency Identification (RFID) technology is a key trend gaining popularity in the track and trace solutions market. Major players operating in the tracking system market are adopting RFID technology to strengthen their market position.
for example, September 2020Fresenius Kabi, GermanyA US-based healthcare company operating in the track-and-trace solutions market is integrating RFID labels into medication packages that are routinely used in the operating room. Track-and-trace systems adhere to open GS1 global standards to protect drug inventories and further enhance patient safety.
of July 2021Zeisser, Germanybased security printing service provider, acquired track and trace software from Inspection for an undisclosed amount. With this acquisition, Zeiser extends its leading position as a provider of serialization solutions and services for the security printing industry. Document Inspection is a UK based technology provider of document inspection, tracking and tracing software.
Countries covered in the Track and Trace Solutions Market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, KoreaEngland, united states of america.
2. Characteristics of the Tracking Solutions Market
3. Tracking Solutions Market Trends and Strategies
4. Impact of COVID-19 on track and trace solutions
5. Track and Trace Solutions Market Size and Growth
5.1. Historical Market for Global Track and Trace Solutions, 2016-2021, $ Billion
5.1.1. Market drivers
5.1.2. Market binding
5.2. Global Track and Trace Solutions Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Market drivers
5.2.2. Market binding
6. Track and Trace Solutions Market Segmentation
6.1. Global Track and Trace Solutions Market, Segmentation by Product Type, History and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Hardware system
- Software solution
6.2. Global Track and Trace Solutions Market, Segmentation by Technology, History and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 2D barcode
- Radio Frequency Identification (RFID)
- linear barcode
6.3. Global Track and Trace Solutions Market, Segmentation by Application, History and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- TRACK, TRACKING, AND REPORTING
6.4. Global Track and Trace Solutions Market, Segmentation by End Use, History and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Medical equipment
- food and beverage
7.Regional and Country Analysis of Track and Trace Solutions Market
7.1. Global Track and Trace Solutions Market, By Region, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Track and Trace Solutions Market, By Country, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
For more information on this report, please visit https://www.researchandmarkets.com/r/5bchjd-and-trace?w=5.
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