Press release
Global Track and Trace Solutions Market Size, Status and Forecast 2025 : Axway Inc, Optel Vision, Systech, Xyntek
Qyresearchreports include new market research report "Global Track and Trace Solutions Market Size,Status and Forecast 2025" to its huge collection of research reports.This report studies the global Track and Trace Solutions market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Track and Trace Solutions market by companies, region, type and end-use industry.
In distribution and logistics of many types of products, track and trace or tracking and tracing, concerns a process of determining the current and past locations (and other information) of a unique item or property.
Geographically, North America dominated the global healthcare track and trace solutions market in 2015. The large share of this region can be attributed to presence of developed healthcare systems in the U.S. & Canada and growing R&D spending on pharmaceuticals & biotechnology in this region. The Asia-Pacific region is expected to register the highest CAGR, due to the growth in research activities & pharmaceutical manufacturing and increasing investments by leading players and respective government agencies in the region.
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There are companies adding new technology and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
Some major players catering to the track and trace solutions market are Axway; Mettler-Toledo International, Inc.; Optel Vision; TraceLink, Inc.; Adents International; Antares Vision srl; Siemens AG; Seidenader Maschinenbau GmbH; ACG Worldwide; and Systech, Inc. There are various small and large manufacturers offering products for tracking and tracing applications, resulting in intense competition among vendors. The vendors are increasing their focus on strategic partnerships with their consumers and are collaborating with other vendors in the sector. Mergers and acquisitions is another major strategy applied by vendors to get maximum revenue share in this sector. For instance, in June 2016, Recipharm, the contract development and manufacturing organization, announced global partnership with SEA Vision, Marchesini, and TraceLink to introduce new serialization capabilities.
In 2017, the global Track and Trace Solutions market size was 1380 million US$ and it is expected to reach 4700 million US$ by the end of 2025, with a CAGR of 16.5% during 2018-2025.
This report focuses on the global top players, covered
Axway Inc
Adents Internationa
Optel Vision
Mettler-Toledo International
Systech
TraceLink
Antares Vision
Xyntek
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Market segment by Type, the product can be split into
Hardware Systems
Software Solution
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Table of Contents
1 Industry Overview of Track and Trace Solutions
1.1 Track and Trace Solutions Market Overview
1.1.1 Track and Trace Solutions Product Scope
1.1.2 Market Status and Outlook
1.2 Global Track and Trace Solutions Market Size and Analysis by Regions (2013-2018)
1.3 Track and Trace Solutions Market by Type
1.4 Track and Trace Solutions Market by End Users/Application
2 Global Track and Trace Solutions Competition Analysis by Players
2.1 Track and Trace Solutions Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
List of Tables and Figures
Figure Global Track and Trace Solutions Market Size (Million USD) Status and Outlook (2013-2018)
Table Global Track and Trace Solutions Revenue (Million USD) Comparison by Regions (2013-2018)
Figure Global Track and Trace Solutions Market Share by Regions (2013-2018)
Figure United States Track and Trace Solutions Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Europe Track and Trace Solutions Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure China Track and Trace Solutions Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Japan Track and Trace Solutions Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Southeast Asia Track and Trace Solutions Market Size (Million USD) and Growth Rate by Regions (2013-2018)
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