Global Track and Trace Solutions Market to Reach $10.9 Billion by 2030
The global market for Track and Trace Solutions estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$10.9 Billion by 2030, growing at a CAGR of 11.8% over the analysis period 2022-2030. Barcode, one of the segments analyzed in the report, is projected to record 10.8% CAGR and reach US$8.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the RFID segment is readjusted to a revised 15.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 11.1% CAGR
The Track and Trace Solutions market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 11.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 10% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.3% CAGR.Select Competitors (Total 46 Featured) -
- 2 Track Solutions
- Acsis
- Antares Vision S.P.A.
- Atlantic Zeiser GmbH
- Korber AG
- Korber Medipak System North America, Inc.
- mobileObjects
- NFE, Inc.
- Optel Group
- ReposiTrak
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 2 Track Solutions
- Acsis
- Antares Vision S.P.A.
- Atlantic Zeiser GmbH
- Korber AG
- Korber Medipak System North America, Inc.
- mobileObjects
- NFE, Inc.
- Optel Group
- ReposiTrak
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 196 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4.5 Billion |
Forecasted Market Value ( USD | $ 10.9 Billion |
Compound Annual Growth Rate | 11.7% |
Regions Covered | Global |