openPR Logo
Press release

Track and Trace Solutions Market To 2027 - New Opportunities with key players:-OPTEL GROUP,Axway,Körber Medipak Systems AG,ZIH Corp.

07-22-2019 09:20 AM CET | Health & Medicine

Press release from: The Insight Partners

/ PR Agency: The Insight partners,
The Insight partners,

The Insight partners,

The global track and trace solutions market accounted to US$ 1,728.3 Mn in 2018 and is expected to grow at a CAGR of 15.3% during the forecast period 2019 – 2027, to account to US$ 6,049.0 Mn by 2027.

The Asia Pacific track and trace solutions market is expected to grow at highest rate during the forecast period owing to developments in the healthcare systems and industries, rise in the product innovations in China, rise in programs and initiatives in countries. In addition, emergence of new local players with competitive product portfolio are expected to fuel the market growth in Asia Pacific region.

Get Sample Report At:- https://www.theinsightpartners.com/sample/TIPHE100000989/?utm_source=openpr&utm_medium=Anushree_R

The importance of brand protection is not new to the industry, customers' increasing access to information requires even greater focus by companies to protect their brands and work to maintain and build customer trust. This customer trust is a foundation upon which companies live. The damage to the image of brand often occurs through product related crime, with sub-standard or dangerous counterfeits and/or products that have been subject to tampering. Sometimes, these events have catastrophic results.

The pharmaceutical companies are focused on spending important marketing dollars in creating their brands in a shrinking new drug supply market, but forgot to give attention for the protection of these same brands. Brand protection solutions are viewed as a cost of goods sold (COGS) rather than a value by which they provide both the brand and the brand owner a significant image advantage and thereby increased the market. This COGS thought process forces the decisions to adopt anti-counterfeiting measures or to secure supply chains only when a particular brand is directly affected. Thus, owing to these factors the market for the track and trace solutions is likely to propel at a significant rate during the forecast period.

Leading Track and Trace Solutions Market Players:
• OPTEL GROUP
• Axway
• Körber Medipak Systems AG
• ZIH Corp.
• Siemens AG
• TraceLink
• Antares Vision
• RFXCEL CORP.
• SEA VISION S.r.l.
• Adents

The track and trace solutions market by product is segmented into software and hardware. In 2018, the software segment held a largest market share of 57.2% of the track and trace solutions market, by component. The software segment is expected to dominate its market share in 2027 owing to the advantages offered such as reduced administration and increased confidence for quality events. Moreover, the software segment is anticipated to witness the fastest growth rate during the forecast period, 2019 to 2027

The target audience for the report on the Track and Trace Solutions market
• Manufactures
• Market analysts
• Senior executives
• Business development managers
• Technologists
• R&D staff
• Distributors
• Investors
• Governments
• Equity research firms
• Consultants

Buy Report AT:- https://www.theinsightpartners.com/buy/TIPHE100000989/?utm_source=openpr&utm_medium=Anushree_R

Strategic acquisition and product launches were observed as the most adopted strategy in global track and trace solutions industry. Few of the recent product launch and acquisitions are listed below;

2019: SEA Vision Group completed the acquisition of Lixis, provider of pharmaceutical vision, control and serialization. The acquisition would help the former company to hold a stronger position in the LATAM market.

2018: OPTEL acquired GeoTraceability, a provider of technical solutions to increase the visibility of suppliers and products in intricate supply chains. This strategic move has helped OPTEL expand its traceability offering.

2017: rfxcel Corporation acquired Frequentz, Inc., a provider of life science and food traceability. The acquisition has enabled rfxcel to offer better serialization and traceability solutions.

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Track and Trace Solutions Market To 2027 - New Opportunities with key players:-OPTEL GROUP,Axway,Körber Medipak Systems AG,ZIH Corp. here

News-ID: 1808313 • Views:

More Releases from The Insight Partners

Denim Fabrics Market by Demand Analysis, Manufacturers Share, Regions, Risk Analysis, Driving Forces and Application, Forecast to 2031
Denim Fabrics Market by Demand Analysis, Manufacturers Share, Regions, Risk Anal …
The Insight Partners adds "Denim Fabrics Market Forecast to 2031 COVID-19 Impact and Global Analysis" to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications. Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00018240?utm_source=OpenPR&utm_medium=10881 Key Players Analysis: SANKO Holding Candiani S.p.A. Hyde Park Denim Cone Denim LLC KG DENIM LIMITED Zeva Denim Prosperity Textile T?SA AtlasDenim Arvind Limited The
Split Air Conditioning Market Set for Strong Growth Driven by Energy Efficiency and Smart Home Integration Trends
Split Air Conditioning Market Set for Strong Growth Driven by Energy Efficiency …
New York, US - October 27, 2025 - According to a new report published by The Insight Partners, the Split Air Conditioning Market is projected to witness steady growth from 2025 to 2031, registering a CAGR of XX%. The market size is expected to expand from US$ XX Million in 2024 to US$ XX Million by 2031, fueled by increasing consumer demand for energy-efficient, eco-friendly, and technologically advanced air conditioning
Intelligent Pipeline Pigging Market Projected for 6.3% CAGR Growth During 2025-2031 Forecast Period
Intelligent Pipeline Pigging Market Projected for 6.3% CAGR Growth During 2025-2 …
New York, US - October 27, 2025 - The Intelligent Pipeline Pigging Market is poised for steady expansion, reaching US$ 1,244.2 million by 2031, up from US$ 782.3 million in 2023, registering a CAGR of 6.3% from 2025 to 2031. This strong trajectory highlights the growing importance of advanced pigging solutions that enhance pipeline integrity, operational efficiency, and environmental safety. As global energy and utility networks continue to expand, the demand
Biopharmaceutical Tubing Market to Reach US$ 7.64 Billion by 2031, Growing at 8.3% CAGR
Biopharmaceutical Tubing Market to Reach US$ 7.64 Billion by 2031, Growing at 8. …
The Insight Partners is proud to announce its latest report, "Biopharmaceutical Tubing Market - Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2031." The report provides a comprehensive analysis of the Biopharmaceutical Tubing Market, covering market trends, growth dynamics, technological advancements, and competitive developments shaping the future of bioprocessing and pharmaceutical manufacturing. Check valuable insights in the Biopharmaceutical Tubing Market report. You can easily get a sample PDF of the

All 5 Releases


More Releases for Trace

Metamask Wallet: How to Trace Lost Funds
InvestorWarnings.com has issued a new update on the Metamask case. Trace Your Lost Funds Here: https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/ Regulatory Warnings Against Metamask MetaMask, developed by ConsenSys, is a widely used cryptocurrency wallet that facilitates interactions with the Ethereum blockchain. While it has been instrumental in advancing decentralized finance (DeFi) and Web3 applications, MetaMask has also encountered regulatory scrutiny and legal challenges, particularly concerning its staking and swapping features. SEC's Allegations Against ConsenSys and MetaMask In June
Online Trace Impurity Analyzer Market Size Analysis by Application, Type, and Re …
USA, New Jersey- According to Market Research Intellect, the global Online Trace Impurity Analyzer market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. With a Compound Annual Growth Rate (CAGR) of 7.8% throughout the forecast period, the worldwide online trace impurity analyzer market is expected to
Studio Khora: The Trace Of Coastal Architecture
In the world of high design, where the past is often romanticized and the present is shaped by imitation, one firm stands apart-not by following, but by questioning. For ten consecutive years, Studio Khora [https://www.studiokhora.com/miami-architects] has been recognized among the top Miami architects [https://www.studiokhora.com/miami-architects] by Ocean Home magazine, not for reproducing the Mediterranean fantasies that have long dominated South Florida's luxury market, but for rewriting the script entirely. Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXeARO0T567ICEFXRPMD9dcesMMJjNSN5gfkxnmWH_oUUFZwZN4t3OSM253r36u3y1MG_M5b3vJqjn-tv8nCAvWEUjPyBN3uEbr0TgyXVI5BobS7nccah6D_Zz8OoVjU1CJUBPDgzEUWr1tycMoOLI8?key=FE_eyWweMgY1VhVu3rFO5pHE Split House
Track and Trace Solutions Market
The document highlights several factors of the Track and Trace Solutions Market , such as market definition, market segmentation, opposition analysis, and lookup methodology. Additionally, it affords records about market forces and constraints that assist agencies make knowledgeable guesses about whether or not to expand or reduce the manufacturing of a positive product. The global track and trace solutions market was valued at $2,034.9 million in 2019, and is projected to
Trace Metal Analysis Market Geographical Analysis 2028
A basic overview of the Trace Metal Analysis industry, such as classifications, applications, meanings, and structure of the industry chain, is given in a recent research study. Global market share analysis for overall markets, including competitive landscape analysis, development trends, and key regions' growth status offered in the report. Global Trace Metal Analysis Market development status and position with multiple perspectives of key and global regions such as product forms,
Trace Thomas Joins Muzit Advisory Board
Co-founder of Masterlab, Skyview Systems to advise Big Data Company MUZIT For Immediate Release Orlando, FL (January 9, 2019): Muzit Inc. a big data company for the entertainment industry announced today that Trace Thomas has joined the Muzit Advisory Board. Thomas, co-founder of Masterlab and Skyview Systems, has been an Executive Advisor, Developer and Technology Evangelist for Sony, Apple, Sonic Solutions, Avid Technology, and assisted several great upstarts including CoSA After Effects (acquired