Press release
Growth of Digital Product Passport Software Market, Revenue, Manufacturers Income, Sales, Market Trend Report Archives in 2024
Digital product passport software typically refers to a platform or system that allows users to create, manage, and share digital passports or profiles for their products. These passports contain information such as product specifications, certifications, manufacturing details, and other relevant data.
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https://www.qyresearch.com/reports/3159652/digital-product-passport-software
Digital Product Passport Software are a tool for collecting and sharing product data throughout its entire lifecycle used to illustrate a product's sustainability, environmental and recyclability attributes. Recorded product data from across the supply chain including raw material sourcing and manufacturing process is captured on the DPP and shared amongst a number of stakeholders and participants - unlocking benefits, use-cases and value across entire ecosystems.
According to the new market research report "Digital Product Passport Software- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Digital Product Passport Software market size is projected to reach USD 0.61 billion by 2030, at a CAGR of 83.6% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Digital Product Passport Software include Avery Dennison, Sigma Technology, OPTEL, iPoint systems, Kezzler, Protokol, Circularise, Certilogo, Neoception, Minespider, etc. In 2024, the global top 10 players had a share approximately 53.0% in terms of revenue.
Market Drivers:
D1: Increasing regulations on product transparency, traceability and sustainability require detailed information on product lifecycles, environmental impacts and recyclability.
D2: Consumer awareness and demand for transparency into product origins, materials and ethical sourcing continues to grow.
D3: Technological advancements such as blockchain, IoT, and AI facilitate the implementation of DPP by providing secure, reliable, and scalable product data tracking and management solutions.
Restraint:
R1: Lack of awareness and understanding can hinder acceptance and demand, slowing down the adoption process.
R2: Navigating complex regulations related to digital products, data protection and sustainability is a hindrance.
R3: Implementing and maintaining DPP requires advanced technology support such as blockchain, the Internet of Things, and cloud computing, which currently have industry barriers.
Challenges:
C1: Protecting sensitive information from unauthorized access and breaches poses a significant challenge, particularly when dealing with personal or proprietary data
C2: The lack of standardized formats and protocols for DPPs can lead to compatibility issues.
C3: Developing and integrating DPP systems can be expensive, particularly for small and medium-sized enterprises.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Digital Product Passport Software market is segmented as below:
By Company
Segment by Type
Cloud-Based
On-Premises
Segment by Application
SMEs
Large Enterprises
Each chapter of the report provides detailed information for readers to further understand the Digital Product Passport Software market:
Chapter 1: Introduces the report scope of the Digital Product Passport Software report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Digital Product Passport Software manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Digital Product Passport Software market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of Digital Product Passport Software in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Digital Product Passport Software in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Digital Product Passport Software competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Digital Product Passport Software comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Digital Product Passport Software market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global and United States Digital Product Passport Software Market Report & Forecast 2024-2030
Global Digital Product Passport Software Market Research Report 2024
Digital Product Passport Software- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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