Overview

Track and Trace Solutions Market Introduction:

Track and Trace Solutions Market is estimated to value over USD 4.5 billion by 2027 end and register a CAGR of over 14% during the forecast period 2020 to 2027. 

Product-wise, the market is bifurcated into software solutions and hardware solutions. The software solutions segment is further segmented into plant manager, line manager, enterprise & network manager, pallet tracking, bundle tracking, case tracking and warehouse & shipment manager segment. The hardware solutions segment is sub-segmented into printing & marking, standalone platforms, barcode scanners, RFID readers, checkweighers, monitoring & verification and labellers.

The application segment is categorised into aggregation, tracking, tracing & reporting and serialization. Aggregation segment is further categorised into pallet aggregation, bundle aggregation and case aggregation segment. 
Technology-wise, the market is categorised into radiofrequency identification (RFID), 2D barcodes and linear barcodes. Depending on the end user, the market is bifurcated into the food and beverage industry, medical device companies, cosmetic industry, pharmaceutical & biopharmaceutical companies and other end-users.

European market region is the second-largest market followed by the North American market region due to the presence of multiple developed economies like Germany, U.K, France. The EU aims at implementing track and trace solutions in the healthcare supply chain in order to deal with the issue of drug counterfeiting. 

Track and Trace Solutions Market Segmentation:

By Product

•    Software Solutions

  • Plant Manager
  • Line Controller
  • Enterprise & Network Manager
  • Pallet Tracking
  • Bundle Tracking
  • Case Tracking
  • Warehouse & Shipment Manager

•    Hardware Solutions

  • Printing & Marking
  • Standalone Platforms
  • Barcode Scanners
  • RFID Readers
  • Checkweighers
  • Monitoring & Verification
  • Labellers

By Application

•    Aggregation

  • Pallet Aggregation
  • Bundle Aggregation
  • Case Aggregation

•    Tracking, Tracing & Reporting
•    Serialization

  • Carton Serialization
  • Bottle Serialization
  • Medical Device Serialization
  • Blister Serialization

By Technology
•    Radiofrequency Identification (RFID)
•    2D Barcodes
•    Linear Barcodes

By End User
•    Food and Beverage Industry
•    Medical Device Companies
•    Cosmetic Industry
•    Pharmaceuticals & Biopharmaceutical Companies
•    Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape:
•    Tier 1 players- established companies in the market with a major market share  
•    Tier 2 players 
•    Emerging players which are growing rapidly 
•    New Entrants  

Key Market Players:

  • Axway
  • Mettler-Toledo International Inc.
  • Optel Vision
  • Seidenader Maschinenbau GmbH
  • ACG Worldwide
  • Systech Inc.
  • Siemens AG
  • TraceLink Inc.
  • Adents International
  • Antares Vision srl                 

FutureWise Key Takeaways:
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study:
•    To provide with an exhaustive analysis on the track and trace solutions market by region, by product, by application, by technology, by end user
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

Flexible Delivery Model:

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics