- In May 2024, Videojet has launched the 3350 30-Watt CO2 Laser, designed to provide high-quality, permanent marking for a variety of materials. This advanced laser solution improves operational efficiency and reduces downtime with its reliable, high-speed performance. It is particularly suited for industries requiring precision marking, like food, beverage, and pharmaceuticals
- In May 2019, METTLER TOLEDO opened its new product inspection test centre for Middle East and Africaan food and pharmaceutical processors at Barcelona. This new test center opened by the company increase its credibility in the market leading to increased demand and sales of its product in future
- In February 2020, ACG introduced an innovative blockchain-based brand platform. This new platform introduced by the company will increase its demand in the market
- In November 2019, ACG introduced the NXT Series are future ready machines which will provide smart USER experience to our customers. Under the NXT series, the machines included are Protab 300 NXT, Protab 700 NXT, BMax NXT, KartonX NXT, Verishield CS18 NXT at PMEC 2019. These new product launched by ACG will increased the demand for its product in the market
- In July 2020, Axyway had received both the AWS Healthcare Competency designation and AWS Life Sciences Competency designation from Amazon Web Services (AWS) for its solutions used in multiple industries. This recognition received by the company will increase its credibility in the market
Frequently Asked Questions
The market is segmented based on , By Product (Software Components, Hardware Components, and Standalone Platform), Solution (Line and Site-Level Serialization, Cloud Enterprise-Level Traceability, Distribution and Warehouse Solution, Supply Chain Data-Sharing Network, and Others), Application (Serialization, Printing, Labeling and Packaging Inspection, Aggregation, Tracking, Tracing, and Reporting), Technology (2D Barcodes, Radiofrequency Identification (RFID), and Linear/1D Barcodes), End User (Pharmaceutical and Biopharmaceutical Companies, Consumer Packaged Goods, Luxury Goods, Food and Beverage, Medical Device Companies, Contract Manufacturing Organizations, Repackagers, Cosmetics Companies, and Others), Distribution Channel (Direct Sales and Third Party Distributors) - Industry Trends and Forecast to 2032
.
The Global Track And Trace Solutions Market size was valued at USD 5.88 USD Billion in 2024.
The Global Track And Trace Solutions Market is projected to grow at a CAGR of 19.5% during the forecast period of 2025 to 2032.
The major players operating in the market include SAP SE, Zebra Technologies Corp., Videojet TechnologiesInc., METTLER TOLEDO, Tracelink Inc., Siemens, Domino Printing Sciences plc, Laetus GmbH, Xyntek Incorporated, IBM Corporation, WIPOTEC-OCS GmbH, 3Keys, ACG, NJM Packaging Inc., OPTEL GROUP, Systech, Robert Bosch Manufacturing Solutions GmbH, ANTARES VISION S.p.A., Uhlmann, SEA VISION S.r.l., Jekson Vision, Kevision Systems, Arvato Systems, Grant-Soft Ltd., PharmaSecure Inc., Axyway and SL Controls Ltd..
