Global Track and Trace Solutions Market by Device Type | Application | End User and Geography 2026 Top Key Players Robert Bosch Packaging Technology GmbH; Zebra Technologies Corp.; Uhlmann; RFXCEL CORP.

“According to Data Bridge Market Research, global track and trace solutions market is expected to reach USD 6 billion by 2026, growing with a healthy CAGR during the forecast period of 2019 to 2026”

A strong research methodology used in this track and trace solutions report consists of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. In this report, a methodical SWOT analysis & investment analysis is performed which forecasts forthcoming opportunities for the market players. With the efficient use of technology, innovative applications and expertise, this track and trace solutions market research report is structured which successfully manages large and complex market data tables. Businesses can thrive in this swiftly changing marketplace by adopting this track and trace solutions market research report.

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Few of the major competitors currently working in the global track and trace solutions market are
Antares Vision; Axway; METTLER TOLEDO; OPTEL GROUP; TraceLink; ACG; Adents; Körber AG; Siemens AG; Systech International; Robert Bosch Packaging Technology GmbH; Zebra Technologies Corp.; Uhlmann; RFXCEL CORP.; Weber Marking Systems GmbH; Marchesini Group S.p.A.; Global Healthcare Exchange, LLC; PharmaSecure Inc. and Zetes among others.
Global Track and Trace Solutions Market

Track and trace solutions is a specialized logistics service which provides better quality of tracking ensuring complete transparency in the logistics cycle for different supply chains. It combines tagging of the products of the supply chain with different identification methods which is integrated into a centralized server, registering it in the server. This ensures that the user of this solution can trace the product with each step till the original source of manufacturing.

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Key Developments in the Market:

In August 2017, TraceLink announced that they had acquired ROC IT Solutions, establishing TraceLink as the leader of data assessment and capturing provider for serialization of products for the pharmaceutical market. This will ensure that the users can exchange the product data from their inventories across the different supply chain network users.
In June 2017, TraceLink announced the launch of “Automated Validation Manager (AVM)”. The web-based solution offering is designed to be integrated with TraeLink’s “Life Sciences Cloud” consistently which will restrict the usage of having to do manual validation while this validation cycle will provide complete information with just logging in to the web portal

Competitive Analysis:

Global track and trace solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of track and trace solutions market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Market Drivers

Increasing prevalence of regulations for the implementation of unique identification methods for products from the authorities are factors driving the growth of the market
Increasing number of products being recalled by various manufacturers and healthcare companies requiring better inventory management; this factor is expected to drive the growth of the market
Increasing prevalence of generic and over-the-counter medicine products is also expected to drive the growth of the market
Rising prevalence of counterfeit medical products and pharmaceuticals flooding the market

Market Restraints

Large financial costs associated with the establishment and operations of these solutions is expected to restrict its complete adoption
Increasing consumption of resources to implement the components required for the functioning of this solution is expected to hinder the growth of the market

Segmentation: Global Track and Trace Solutions Market

By Product

Software
Plant Manager
Line Controller
Enterprise & Network Manager
Bundle Tracking
Case Tracking
Warehouse & Shipment Manger
Pallet Tracking
Hardware Components
Printing & Marking
Barcode Scanners
Monitoring & Verification
Labelers
Checkweighers
RFID Readers
Standalone Platforms

By Application

Serialization
Carton Serialization
Bottle Serialization
Medical Device Serialization
Blister Serialization
Vial & Ampoule Serialization
Label Serialization
Data Matrix Serialization
Aggregation
Case Aggregation
Pallet Aggregation
Bundle Aggregation
Tracking, Tracing & Reporting

By Technology

Real-Time Locating System (RTLS)
2D Barcodes
Radiofrequency Identification (RFID)
Linear Barcodes

By End-User

Pharmaceutical & Biotechnology Companies
Medical Device Companies
Cosmetic Industry
Food & Beverages
Consumer Goods
Luxury Goods
Others

By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

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