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Global Track and Trace Solutions Market

Added: (Fri Apr 19 2019)

Pressbox (Press Release) - Global Track and Trace Solutions Market is expected to reach USD 5.19 Billion by 2024 from USD 1.4 Billion in 2016 at CAGR of 17.8% (Detailed analysis of the market CAGR is provided in the report).

Global Track and Trace Solutions Market are segmented by type, technology, application, end user, and geography. Type segment is classified as hardware systems and software solutions. Various technologies covered under the scope of this report are RFID, 2D barcodes and linear barcodes. Application segment is bifurcated as serialization solutions and aggregation solutions. End-user segment is sub-segmented as pharmaceutical and biopharmaceutical companies, medical devices companies, cosmetic industry, and other end users. The Global Track and Trace Solutions Market on the basis of geography are segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

Global Track And Trace Solution Market

The increasing focus of manufacturers on brand protection is trending the overall Global Track and Trace Solutions Market. However, high costs associated with serialization and aggregation will restrain the market growth. APAC is going to emerge as one of the higher growth regions in the forecast period followed by North America and Europe. Growing geriatric population with increasing lifestyle diseases, which in turn increase the demand for pharmaceuticals and medical devices, rising pharmaceutical and medical device expenditure in rising economies like China and India will fuel the Global Track and Trace Solutions Market in APAC region.

Key Highlights:

• Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for Global Global Track and Trace Solutions Market during the forecast period
• Complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Global Track and Trace Solutions Market analysis and comprehensive segmentation with respect to the type, technology, application, end user, and geography to assist in strategic business planning
• Global Track and Trace Solutions Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America and their key regions

Research Methodology:

The research methodology used in this report contains various secondary sources including directories such as Processing & Packaging Machinery Trade Association (PPMA), European Federation of Pharmaceutical Industries and Associations (EFPIA), International Trademark Association (INTA) and Asian Anti-Counterfeit Association (AAA). Bloomberg, Hoovers, and Factiva are some of the sites that are being referred to gain insights about Global Track and Trace Solutions Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of Global Track and Trace Solutions Market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Track and Trace Solutions Market.


Key Players in the Global Track and Trace Solutions Market Are:

• Zebra Technologies
• Xyntek
• Systech
• Siemens
• Kφrber Medipak Systems
• Sea Vision
• Adents
• ACG Worldwide
• Tracelink
• Optel Group
• METTLER TOLEDO
• Axway
• Antares Vision

Key Target Audience:

• Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies
• Original equipment manufacturers (OEMs)
• Track and trace solution manufacturers, suppliers, and distributors
• Pharmaceutical and biotechnology companies
• Hardware system manufacturers
• Medical device companies
• Government Bodies
Scope of the Report:

Research report categorizes the Global Track and Trace Solutions Market based on type, technology, application, end user, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Track and Trace Solutions Market with key developments in companies and market trends.
Global Track and Trace Solutions Market, By Type:

• Hardware Systems
• Software Solutions
Global Track and Trace Solutions Market, By Technology:

• RFID
• 2D Barcodes
• Linear Barcodes
Global Track and Trace Solutions Market, By End User:

• Pharmaceutical and Biopharmaceutical Companies
• Medical Devices Companies
• Cosmetic Industry
• Other End Users
Global Track and Trace Solutions Market, By Application:

• Serialization Solutions
• Aggregation Solutions
Global Track and Trace Solutions Market, By Geography:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin AmericaThis Report Is Submitted By Maximize Market Research
Customization of the report:
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About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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Submitted by:jayashree
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