Digital Product Passport Software Market Is Expected Significant Growth in the Near Future with Microsoft, EON, Authena

HTF Market Intelligence recently released a survey document on Digital Product Passport Software market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Digital Product Passport Software market. Some of the companies listed in the study from the complete survey list are Authena (Switzerland), Avery Dennison (United States), Circularise (Netherlands), EON (Germany), GS1 (Belgium), IBM (United States), IOTA Foundation (Germany), Microsoft (United States), NTT DATA (Japan), ORACLE (United States).

According to HTF Market Intelligence, the Digital Product Passport Software Market is expected to register a CAGR of 18.7% during the forecast period.

Get inside Scoop of Digital Product Passport Software Market @ https://www.htfmarketintelligence.com/sample-report/global-digital-product-passport-software-market?utm_source=Krati_OpenPR&utm_id=Krati

Definition:
Digital product passport software refers to a digital record-keeping system that provides comprehensive information about a product throughout its lifecycle. It typically includes details such as product specifications, manufacturing processes, components used, testing and certification data, maintenance schedules, and compliance information (e.g., regulatory requirements). The software facilitates transparency and traceability across the supply chain, enabling manufacturers, distributors, and consumers to access accurate and up-to-date information about a product's origin, quality, and sustainability credentials. This helps in improving product safety, regulatory compliance, and efficiency in managing product information throughout its lifecycle.

Market Trends:
●Shift towards Subscription-Based Models
● Technological Advancements

Market Drivers:
●Data Security and Privacy
● Integration Capabilities

Market Opportunities:
●Industry Adoption
●Technology Advancements

Market Leaders & Development Strategies:
In Oct 2023, Avery Dennison Corporation launched DPP as a Service (DPPaaS) to help brands fully prepare for forthcoming EU legislation on Digital Product Passports (DPPs). In Jan 2024, Kappahl with Trace4Value Launch EU Digital Product Passport Pilot. By 2030, so-called Digital Product Passports are going to mandatory for textiles in the EU.

Get Complete Scope of Work @ https://www.htfmarketintelligence.com/report/global-digital-product-passport-software-market

The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Digital Product Passport Software market segments by Types: Cloud-based, On-premises
Detailed analysis of Digital Product Passport Software market segments by Applications: Manufacturing, Healthcare, Automotive, Electronics, Others

Major Key Players of the Market: Authena (Switzerland), Avery Dennison (United States), Circularise (Netherlands), EON (Germany), GS1 (Belgium), IBM (United States), IOTA Foundation (Germany), Microsoft (United States), NTT DATA (Japan), ORACLE (United States)

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:
• -To carefully analyse and forecast the size of the Digital Product Passport Software market by value and volume.
• -To estimate the market shares of major segments of the Digital Product Passport Software market.
• -To showcase the development of the Digital Product Passport Software market in different parts of the world.
• -To analyse and study micro-markets in terms of their contributions to the Digital Product Passport Software market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Digital Product Passport Software market.
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Digital Product Passport Software market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

The Digital Product Passport Software Market is segmented by Deployment Mode (Cloud-based, On-premises) by Enterprise size (Small and Medium size Enterprise, Large Enterprise) by End-Use Industry (Manufacturing, Healthcare, Automotive, Electronics, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

Purchase Latest Edition Now @ https://www.htfmarketintelligence.com/buy-now?format=1&report=10754?utm_source=Krati_OpenPR&utm_id=Krati

Key takeaways from the Digital Product Passport Software market report:
- Detailed consideration of Digital Product Passport Software market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
- Comprehensive valuation of all prospects and threats in the
- In-depth study of industry strategies for growth of the Digital Product Passport Software market-leading players.
- Digital Product Passport Software market latest innovations and major procedures.
- Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Digital Product Passport Software market for forthcoming years.

Enquire for customization in Report @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-digital-product-passport-software-market?utm_source=Krati_OpenPR&utm_id=Krati

Major highlights from Table of Contents:
Digital Product Passport Software Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Digital Product Passport Software market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Digital Product Passport Software Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Digital Product Passport Software Market Production by Region Digital Product Passport Software Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Digital Product Passport Software Market Report:
• Digital Product Passport Software Overview, Definition and Classification Market drivers and barriers
• Digital Product Passport Software Market Competition by Manufacturers
• Digital Product Passport Software Capacity, Production, Revenue (Value) by Region (2023-2029)
• Digital Product Passport Software Supply (Production), Consumption, Export, Import by Region (2023-2029)
• Digital Product Passport Software Production, Revenue (Value), Price Trend by Type {Cloud-based, On-premises}
• Digital Product Passport Software Market Analysis by Application {Manufacturing, Healthcare, Automotive, Electronics, Others}
• Digital Product Passport Software Manufacturers Profiles/Analysis Digital Product Passport Software Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

Major questions answered:
• What are influencing factors driving the demand for Digital Product Passport Software near future?
• What is the impact analysis of various factors in the Global Digital Product Passport Software market growth?
• What are the recent trends in the regional market and how successful they are?
• How feasible is Digital Product Passport Software market for long-term investment?

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, MINT, BRICS, G7, Western / Eastern Europe, or Southeast Asia. Also, we can serve you with customized research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains.

Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.