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Digital Product Passport Software Market Booming Worldwide Size: 2025, Regional Growth Survey, New Investments, Prominent Players and Forecast to 2032 | Billon Group Ltd, CIRCULARISE, CIRPASS

07-08-2025 03:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Digital Product Passport Software Market

Digital Product Passport Software Market

The Digital Product Passport Software industry is rapidly evolving as companies increasingly focus on transparency, traceability, and sustainability of products across supply chains. This transformation is driving demand for secure, interoperable digital solutions to track product lifecycle data, contributing significantly to overall industry size and competitive dynamics.

Market Size and Overview
The Digital Product Passport Software Market size is estimated to be valued at USD 240.1 million in 2025 and is expected to reach USD 1,273.2 million by 2032, exhibiting a compound annual growth rate (CAGR) of 26% from 2025 to 2032. This robust market forecast is underpinned by heightened regulatory requirements, sustainability mandates, and increasing consumer demand for product provenance.

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Actionable Insights
- Supply-side indicators reveal that production capacity for digital passport platforms reached over 1.2 million licenses globally in 2024, with average deployment costs declining by 12%, making adoption feasible across SMBs and enterprises.
- Pricing models have become more flexible, with subscription-based software services growing by 30% year-over-year, contributing to increased market revenue.
- On the demand side, imports of digital product passport solutions rose by 22% in Europe during 2024, driven primarily by automotive and electronics industries integrating these systems for compliance and recall management.
- Microscopic data utilization is expanding as IoT sensor integration within passports evolved, tracking over 450 million product units worldwide in 2025, reflecting growing industry share in connected product ecosystems.

Growth Factors
- Regulatory mandates, particularly in the European Union's Circular Economy Action Plan, have accelerated adoption, with 60% of surveyed manufacturers in 2024 prioritizing digital passport software to comply with upcoming reporting standards.
- Rising consumer awareness on ethical sourcing and environmental impacts fuels demand for transparency solutions; Nielsen reported a 35% increase in consumer preference for brands offering verifiable product data in 2024.
- Technological advancements in blockchain and AI integration enhance data security and analytics capabilities, catering to complex supply chains and bolstering market growth strategies.

Market Trends
- Integration of Digital Product Passport Software with existing Enterprise Resource Planning (ERP) and Product Lifecycle Management (PLM) systems is gaining momentum, with over 40% of deployments in 2024 involving multi-platform compatibility protocols.
- Decentralized data management via blockchain ensures immutable product histories, with transaction volumes on relevant platforms increasing by 55% in recent years.
- Industry trends show a surge in adoption within packaging and consumer goods sectors, signaling expanding market opportunities beyond traditional manufacturing lines.

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Key Takeaways
- Industry size is sharply expanding due to regulatory market drivers and technological innovations.
- Market dynamics favor subscription and cloud-based models enhancing business growth potential.
- Consumer demand for transparency remains a critical market driver shaping market revenue and industry share.
- Automotive segment dominates market segments, leveraging passport software for end-to-end compliance and recalls.
- Europe continues to lead regional market trends by enforcing stringent regulatory frameworks encouraging widespread adoption.
- Asia Pacific exhibits rapid uptake fueled by electronics manufacturing hubs embracing sustainable product strategies.

Market Segments and Regional Coverage
Comprehensive Segmentation and Classification of the Report:
» By Software Type: Cloud-based, On-premises, Hybrid, and Others
» By Application: Automotive, Electronics, Consumer Goods, Packaging, and Others
» By Enterprise Size: Large Enterprises, SMEs, Startups, and Others

Regional and Country Analysis:
» North America: U.S. and Canada
» Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
» Europe: Germany, U.K., Spain, France, Italy, Benelux, Denmark, Norway, Sweden, Russia, and Rest of Europe
» Asia Pacific: China, Taiwan, India, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Australia, and Rest of Asia Pacific
» Middle East & Africa: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Israel, South Africa, North Africa, Central Africa, and Rest of MEA

Key Players
Prominent market companies driving the Digital Product Passport Software market include Billon Group Ltd, CIRCULARISE, CIRPASS, Det Norske Veritas Group, iPoint-systems GmbH, Kezzler AS, LyondellBasell Industries Holdings B.V., Narravero GmbH, OPTEL GROUP, Protokol, PSQR, Qliktag Software Inc., Scantrust SA, Spherity GmbH, and THE ID FACTORY SRL.

- Billon Group Ltd recently expanded its platform capabilities integrating biometric authentication, resulting in a 40% reduction in product counterfeiting.
- CIRCULARISE adopted a strategic partnership model with chemical manufacturers, increasing deployment rates by 33% in 2024 due to enhanced compliance tracking features.
- iPoint-systems GmbH enhanced AI-driven analytics offering predictive insights into product lifecycle risks, which yielded a 25% improvement in customer retention over the past year.

FAQs
1. Who are the dominant players in the Digital Product Passport Software market?
The market players such as Billon Group Ltd, iPoint-systems GmbH, and CIRCULARISE dominate due to their advanced technological capabilities and expansions into new industry domains.

2. What will be the size of the Digital Product Passport Software market in the coming years?
The market size is projected to grow from USD 240.1 million in 2025 to USD 1,273.2 million by 2032, with a CAGR of 26%, driven by rising regulatory requirements and digitalization initiatives.

3. Which end-user industry has the largest growth opportunity?
The automotive industry presents the largest growth opportunity, leveraging passports for regulatory compliance, supply chain transparency, and recalls management.

4. How will market development trends evolve over the next five years?
Trends indicate an increased integration with enterprise IT ecosystems, enhanced blockchain adoption, and expansion into packaging and consumer goods sectors, fueling accelerated market growth.

5. What is the nature of the competitive landscape and challenges in the Digital Product Passport Software market?
While competition remains intense, key players differentiate with advanced AI and blockchain features, focusing on scalability and interoperability challenges across fragmented supply chains.

6. What go-to-market strategies are commonly adopted in the Digital Product Passport Software market?
Strategies include strategic partnerships with industry stakeholders, product innovation in analytics and security, and flexible SaaS pricing models tailored to customer segments.

Limited Period Offer | Buy Now, Get Up to 25% Off on Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/7042

Author of this marketing PR:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

Coherent Market Insights Pvt Ltd,
533 Airport Boulevard,
Suite 400, Burlingame,
CA 94010, United States

About Us:

Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviours, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.

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