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Global Track and Trace Solutions Market 2019-2028

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    Report

  • 165 Pages
  • December 2020
  • Region: Global
  • Triton Market Research
  • ID: 5205062

MARKET OUTLOOK

As per this report, the global market for track and trace solutions is predicted to exhibit a CAGR of 12.75% during the estimated period of 2019-2028.
Factors such as the growing number of counterfeit drugs, coupled with favorable regulations for serialization implementation, are motivating the growth of the studied market during the forecast period. Furthermore, blockchain adoption and rising demand from emerging countries, are opening multiple opportunities for the track and trace solutions market in the same period.

However, the high costs of solutions and lack of common standards, are significantly weighing down the progress of the track and trace solutions market globally.

REGIONAL OUTLOOK

The global track and trace solutions market covers North America, Asia-Pacific, Latin America, Europe, Middle East and Africa regions.
Geographically, North America holds the largest market for track and trace solutions, and it is likely to continue its dominance over the market till 2028. The region’s growth is mainly due to highly regulated serialization standards and the enhanced healthcare infrastructure. The FDA advocates automatic identification technologies, such as barcoding and RFID, to pharma and healthcare companies. Furthermore, the presence of renowned pharma, biopharma, and medical devices companies, are contributing to the high traction of track and trace solutions, in turn, boosting the track and trace solutions market across the region.

COMPETITIVE OUTLOOK

The key enterprises involved in the track and trace solutions market include Zebra Technologies Corporation, SEA Vision Srl, Seidenader Maschinenbau GmbH, Mettler Toledo International Inc, rfxcel Corporation, Tracelink Inc, Siemens AG, Korber AG, Systech International, Optel Group, ACG Group, Xyntek Inc, Antares Vision SPA, and Axway.
Mettler Toledo International Inc functions as a supplier of precision devices and services. It produces weighing instruments to be utilized in laboratories, packaging, industrial, logistics, and more. Additionally, the company is involved in offering analytical tools in life science, and even real-time analytic systems used in drug development. It provides its products to various industries, including the transportation and logistics industry. It has its functions spread across various regions, with its headquarter located in Ohio, the United States.

Table of Contents

1. Global Track and Trace Solutions Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Rise in Number of Product Recalls Creates Demand for Market
2.2.2. IoT Technology Key to Market's Growth
2.2.3. Trends Showing Growth in Medical Devices and Pharmaceutical
2.3. Evolution and Transition of Track and Trace Solutions
2.4. Porter's Five Forces Analysis
2.4.1. Threat of New Entrants
2.4.2. Threat of Substitute
2.4.3. Bargaining Power of Suppliers
2.4.4. Bargaining Power of Buyers
2.4.5. Threat of Competitive Rivalry
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Regulatory Framework
2.8. Market Drivers
2.8.1. Growing Number of Counterfeit Drugs
2.8.2. Favorable Regulations for Serialization Implementation Helps Market Growth
2.9. Market Restraints
2.9.1. High Cost of Solutions
2.10. Market Opportunities
2.10.1. Blockchain Adoption Can Further Increase Transparency and Security
2.10.2. Growing Demand from Emerging Regions
2.11. Market Challenges
2.11.1. Lack of Common Standards
3. Global Track and Trace Solutions Market Outlook - by Product
3.1. Hardware Systems
3.1.1. Printing and Marking Solutions
3.1.2. Monitoring and Verification Solutions
3.1.3. Labeling Solutions
3.1.4. Other Hardware Systems
3.2. Software Solutions
3.2.1. Plant Manager Software
3.2.2. Line Controller Software
3.2.3. Bundle Tracking Software
3.2.4. Other Software Solutions
4. Global Track and Trace Solutions Market Outlook - by Technology
4.1. Barcode
4.2. Rfid
5. Global Track and Trace Solutions Market Outlook - by Application
5.1. Serialization Solutions
5.1.1. Bottle Serialization
5.1.2. Label Serialization
5.1.3. Carton Serialization
5.1.4. Data Matrix Serialization
5.2. Aggregation Solutions
5.2.1. Bundle Aggregation
5.2.2. Case Aggregation
5.2.3. Pallet Aggregation
6. Global Track and Trace Solutions Market Outlook - by End-User
6.1. Pharmaceutical Companies
6.2. Medical Device Companies
6.3. Other End-Users
7. Global Track and Trace Solutions Market - Regional Outlook
7.1. North America
7.1.1. Market by Product
7.1.1.1. Market by Hardware Systems
7.1.1.2. Market by Software Solutions
7.1.2. Market by Technology
7.1.3. Market by Application
7.1.3.1. Market by Serialization Solutions
7.1.3.2. Market by Aggregation Solutions
7.1.4. Market by End-User
7.1.5. Country Analysis
7.1.5.1. United States
7.1.5.2. Canada
7.2. Europe
7.2.1. Market by Product
7.2.1.1. Market by Hardware Systems
7.2.1.2. Market by Software Solutions
7.2.2. Market by Technology
7.2.3. Market by Application
7.2.3.1. Market by Serialization Solutions
7.2.3.2. Market by Aggregation Solutions
7.2.4. Market by End-User
7.2.5. Country Analysis
7.2.5.1. United Kingdom
7.2.5.2. Germany
7.2.5.3. France
7.2.5.4. Spain
7.2.5.5. Italy
7.2.5.6. Russia
7.2.5.7. Rest of Europe
7.3. Asia-Pacific
7.3.1. Market by Product
7.3.1.1. Market by Hardware Systems
7.3.1.2. Market by Software Solutions
7.3.2. Market by Technology
7.3.3. Market by Application
7.3.3.1. Market by Serialization Solutions
7.3.3.2. Market by Aggregation Solutions
7.3.4. Market by End-User
7.3.5. Country Analysis
7.3.5.1. China
7.3.5.2. Japan
7.3.5.3. India
7.3.5.4. South Korea
7.3.5.5. Asean Countries
7.3.5.6. Australia & New Zealand
7.3.5.7. Rest of Asia-Pacific
7.4. Latin America
7.4.1. Market by Product
7.4.1.1. Market by Hardware Systems
7.4.1.2. Market by Software Solutions
7.4.2. Market by Technology
7.4.3. Market by Application
7.4.3.1. Market by Serialization Solutions
7.4.3.2. Market by Aggregation Solutions
7.4.4. Market by End-User
7.4.5. Country Analysis
7.4.5.1. Brazil
7.4.5.2. Mexico
7.4.5.3. Rest of Latin America
7.5. Middle East and Africa
7.5.1. Market by Product
7.5.1.1. Market by Hardware Systems
7.5.1.2. Market by Software Solutions
7.5.2. Market by Technology
7.5.3. Market by Application
7.5.3.1. Market by Serialization Solutions
7.5.3.2. Market by Aggregation Solutions
7.5.4. Market by End-User
7.5.5. Country Analysis
7.5.5.1. United Arab Emirates
7.5.5.2. Turkey
7.5.5.3. Saudi Arabia
7.5.5.4. South Africa
7.5.5.5. Rest of Middle East & Africa
8. Competitive Landscape
8.1. ACG Group
8.2. Antares Vision Spa
8.3. Axway
8.4. Mettler Toledo International Inc
8.5. Rfxcel Corporation
8.6. Optel Group
8.7. Seidenader Maschinenbau GmbH
8.8. Sea Vision Srl
8.9. Tracelink Inc
8.10. Siemens AG
8.11. Systech International
8.12. Korber AG
8.13. Xyntek Inc
8.14. Zebra Technologies Corporation
9. Methodology & Scope
9.1. Research Scope & Deliverables
9.2. Sources of Data
9.3. Research Methodology
List of Tables
Table 1. Global Track and Trace Solutions Market, by Geography, 2019-2028 (In $ Million)
Table 2. Market Attractiveness Index
Table 3. Vendor Scorecard
Table 4. Global Track and Trace Solutions Market, by Product, 2019-2028 (In $ Million)
Table 5. Global Track and Trace Solutions Market, by Hardware Systems, 2019-2028 (In $ Million)
Table 6. Global Track and Trace Solutions Market, by Software Solutions, 2019-2028 (In $ Million)
Table 7. Global Track and Trace Solutions Market, by Technology, 2019-2028 (In $ Million)
Table 8. Global Track and Trace Solutions Market, by Application, 2019-2028, (In $ Million)
Table 9. Global Track and Trace Solutions Market, by Serialization Solutions, 2019-2028 (In $ Million)
Table 10. Global Track and Trace Solutions Market, by Aggregation Solutions, 2019-2028 (In $ Million)
Table 11. Global Track and Trace Solutions Market, by End-User 2019-2028 (In $ Million)
Table 12. Global Track and Trace Solutions Market, by Geography, 2019-2028 (In $ Million)
Table 13. North America Track and Trace Solutions Market, by Country, 2019-2028 (In $ Million)
Table 14. North America Track and Trace Solutions Market, by Product, 2019-2028 (In $ Million)
Table 15. North America Track and Trace Solutions Market, by Hardware Systems, 2019-2028 (In $ Million)
Table 16. North America Track and Trace Solutions Market, by Software Solutions, 2019-2028 (In $ Million)
Table 17. North America Track and Trace Solutions Market, by Technology, 2019-2028 (In $ Million)
Table 18. North America Track and Trace Solutions Market, by Application, 2019-2028 (In $ Million)
Table 19. North America Track and Trace Solutions Market, by Serialization Solutions, 2019-2028 (In $ Million)
Table 20. North America Track and Trace Solutions Market, by Aggregation Solutions, 2019-2028 (In $ Million)
Table 21. North America Track and Trace Solutions Market, by End-User, 2019-2028 (In $ Million)
Table 22. Europe Track and Trace Solutions Market, by Country, 2019-2028 (In $ Million)
Table 23. Europe Track and Trace Solutions Market, by Product, 2019-2028 (In $ Million)
Table 24. Europe Track and Trace Solutions Market, by Hardware Systems, 2019-2028 (In $ Million)
Table 25. Europe Track and Trace Solutions Market, by Software Solutions, 2019-2028 (In $ Million)
Table 26. Europe Track and Trace Solutions Market, by Technology, 2019-2028 (In $ Million)
Table 27. Europe Track and Trace Solutions Market, by Application, 2019-2028 (In $ Million)
Table 28. Europe Track and Trace Solutions Market, by Serialization Solutions, 2019-2028 (In $ Million)
Table 29. Europe Track and Trace Solutions Market, by Aggregation Solutions, 2019-2028 (In $ Million)
Table 30. Europe Track and Trace Solutions Market, by End-User, 2019-2028 (In $ Million)
Table 31. Asia-Pacific Track and Trace Solutions Market, by Country, 2019-2028 (In $ Million)
Table 32. Asia-Pacific Track and Trace Solutions Market, by Product, 2019-2028 (In $ Million)
Table 33. Asia-Pacific Track and Trace Solutions Market, by Hardware Systems, 2019-2028 (In $ Million)
Table 34. Asia-Pacific Track and Trace Solutions Market, by Software Solutions, 2019-2028 (In $ Million)
Table 35. Asia-Pacific Track and Trace Solutions Market, by Technology, 2019-2028 (In $ Million)
Table 36. Asia-Pacific Track and Trace Solutions Market, by Application, 2019-2028 (In $ Million)
Table 37. Asia-Pacific Track and Trace Solutions Market, by Serialization Solutions, 2019-2028 (In $ Million)
Table 38. Asia-Pacific Track and Trace Solutions Market, by Aggregation Solutions, 2019-2028 (In $ Million)
Table 39. Asia-Pacific Track and Trace Solutions Market, by End-User, 2019-2028 (In $ Million)
Table 40. Latin America Track and Trace Solutions Market, by Country, 2019-2028 (In $ Million)
Table 41. Latin America Track and Trace Solutions Market, by Product, 2019-2028 (In $ Million)
Table 42. Latin America Track and Trace Solutions Market, by Hardware Systems, 2019-2028 (In $ Million)
Table 43. Latin America Track and Trace Solutions Market, by Software Solutions, 2019-2028 (In $ Million)
Table 44. Latin America Track and Trace Solutions Market, by Technology, 2019-2028 (In $ Million)
Table 45. Latin America Track and Trace Solutions Market, by Application, 2019-2028 (In $ Million)
Table 46. Latin America Track and Trace Solutions Market, by Serialization Solutions, 2019-2028 (In $ Million)
Table 47. Latin America Track and Trace Solutions Market, by Aggregation Solutions, 2019-2028 (In $ Million)
Table 48. Latin America Track and Trace Solutions Market, by End-User, 2019-2028 (In $ Million)
Table 49. Middle East and Africa Track and Trace Solutions Market, by Country, 2019-2028 (In $ Million)
Table 50. Middle East and Africa Track and Trace Solutions Market, by Product, 2019-2028 (In $ Million)
Table 51. Middle East and Africa Track and Trace Solutions Market, by Hardware Systems, 2019-2028 (In $ Million)
Table 52. Middle East and Africa Track and Trace Solutions Market, by Software Solutions, 2019-2028 (In $ Million)
Table 53. Middle East and Africa Track and Trace Solutions Market, by Technology, 2019-2028 (In $ Million)
Table 54. Middle East and Africa Track and Trace Solutions Market, by Application, 2019-2028 (In $ Million)
Table 55. Middle East and Africa Track and Trace Solutions Market, by Serialization Solutions, 2019-2028 (In $ Million)
Table 56. Middle East and Africa Track and Trace Solutions Market, by Aggregation Solutions, 2019-2028 (In $ Million)
Table 57. Middle East and Africa Track and Trace Solutions Market, by End-User, 2019-2028 (In $ Million)
List of Figures
Figure 1. Porter's Five Forces Analysis
Figure 2. Global Track and Trace Solutions Market, by Hardware Systems, 2019-2028 (In $ Million)
Figure 3. Global Track and Trace Solutions Market, by Printing and Marking Solutions, 2019-2028 (In $ Million)
Figure 4. Global Track and Trace Solutions Market, by Monitoring and Verification Solutions, 2019-2028 (In $ Million)
Figure 5. Global Track and Trace Solutions Market, by Labeling Solutions, 2019-2028 (In $ Million)
Figure 6. Global Track and Trace Solutions Market, by Other Hardware Systems, 2019-2028 (In $ Million)
Figure 7. Global Track and Trace Solutions Market, by Software Solutions, 2019-2028 (In $ Million)
Figure 8. Global Track and Trace Solutions Market, by Plant Manager Software, 2019-2028 (In $ Million)
Figure 9. Global Track and Trace Solutions Market, by Line Controller Software, 2019-2028 (In $ Million)
Figure 10. Global Track and Trace Solutions Market, by Bundle Tracking Software, 2019-2028 (In $ Million)
Figure 11. Global Track and Trace Solutions Market, by Other Software Solutions, 2019-2028 (In $ Million)
Figure 12. Global Track and Trace Solutions Market, by Barcode, 2019-2028 (In $ Million)
Figure 13. Global Track and Trace Solutions Market, by Rfid, 2019-2028 (In $ Million)
Figure 14. Global Track and Trace Solutions Market, by Serialization Solutions, 2019-2028 (In $ Million)
Figure 15. Global Track and Trace Solutions Market, by Bottle Serialization, 2019-2028 (In $ Million)
Figure 16. Global Track and Trace Solutions Market, by Label Serialization, 2019-2028 (In $ Million)
Figure 17. Global Track and Trace Solutions Market, by Carton Serialization, 2019-2028 (In $ Million)
Figure 18. Global Track and Trace Solutions Market, by Data Matrix Serialization, 2019-2028 (In $ Million)
Figure 19. Global Track and Trace Solutions Market, by Aggregation Solutions, 2019-2028 (In $ Million)
Figure 20. Global Track and Trace Solutions Market, by Bundle Aggregation, 2019-2028 (In $ Million)
Figure 21. Global Track and Trace Solutions Market, by Case Aggregation, 2019-2028 (In $ Million)
Figure 22. Global Track and Trace Solutions Market, by Pallet Aggregation, 2019-2028 (In $ Million)
Figure 23. Global Track and Trace Solutions Market, by Pharmaceutical Companies, 2019-2028 (In $ Million)
Figure 24. Global Track and Trace Solutions Market, by Medical Device Companies, 2019-2028 (In $ Million)
Figure 25. Global Track and Trace Solutions Market, by Other End-Users, 2019-2028 (In $ Million)
Figure 26. Global Track and Trace Solutions Market, Regional Outlook, 2019 and 2028 (In %)
Figure 27. United States Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 28. Canada Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 29. United Kingdom Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 30. Germany Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 31. France Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 32. Spain Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 33. Italy Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 34. Russia Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 35. Rest of Europe Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 36. China Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 37. Japan Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 38. India Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 39. South Korea Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 40. Asean Countries Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 41. Australia & New Zealand Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 42. Rest of Asia-Pacific Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 43. Brazil Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 44. Mexico Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 45. Rest of Latin America Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 46. United Arab Emirates Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 47. Turkey Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 48. Saudi Arabia Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 49. South Africa Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 50. Rest of Middle East & Africa Track and Trace Solutions Market 2019-2028 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ACG Group
  • Antares Vision Spa
  • Axway
  • Mettler Toledo International Inc
  • Rfxcel Corporation
  • Optel Group
  • Seidenader Maschinenbau GmbH
  • Sea Vision Srl
  • Tracelink Inc
  • Siemens AG
  • Systech International
  • Korber AG
  • Xyntek Inc
  • Zebra Technologies Corporation

Methodology

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