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  • 17 September 2020 01:55

Track And Trace Solutions Market Size to Worth US$ 8.1 billion by 2027

The global track and trace solutions market size is projected to reach over US$ 8.1 billion by end of 2027 According to new study by Precedence Research.

The report covers the forecast and analysis of the track and trace solutions market on a global and regional level. The study provides historical data from 2016 to 2019 along with a forecast from 2020 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the track and trace solutions market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the track and trace solutions market on a global level.

The global track and trace solutions market size was valued at US$ 2.09 billion in 2019 by budding at a compound annual growth rate (CAGR) of around 17.98% during period 2020 to 2027.

The global track and trace solutions market size is projected to reach over US$ 8.1 billion by end of 2027.

In order to give the users of this report a comprehensive view of the track and trace solutions market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Get the Sample Pages of Report for More Understanding@ https://www.precedenceresearch.com/sample/1109

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some of the important companies operating in the global track and trace solutions market include:

  • Adents International
  • Mettler-Toledo International, Inc
  • Axway, TraceLink, Inc
  • Optel Vision
  • Siemens AG
  • SeidenaderMaschinenbau GmbH
  • Others

Market Segmentation

p>By Technology

  • RFID
  • Barcode
 By Product
  • Hardware Systems
    • Monitoring & Verification Solutions
    • Printing & Marking Solutions
    • Labeling Solutions
    • Others
  • Software Solutions
    • Bundle Tracking Software
    • Plant Manager Software
    • Line Controller Software
    • Others
By Application
  • Aggregation Solutions
    • Bundle Aggregation
    • Case Aggregation
    • Pallet Aggregation
  • Serialization Solutions
    • Carton Serialization
    • Label Serialization
    • Bottle Serialization
    • Data Matrix Serialization
End-User
  • Medical device Companies
  • Pharmaceutical Companies
  • Food and Beverage
  • Healthcare
  • Consumer Packaged Goods
  • Luxury Goods
  • Others
By Regional Outlook
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Middle East & Africa
  • Latin America

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