North America Track and Trace Solutions Market – Industry Trends and Forecast to 2027

  • Healthcare
  • Published Report
  • Aug 2020
  • North America
  • 350 Pages
  • No of Tables: 81
  • No of Figures: 43

North America Track and Trace Solutions Market, By Product (Software Components, Hardware Components and Standalone Platform), Solution (Line & 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 & 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), Country (U.S., Canada, Mexico) Industry Trends & Forecast to 2027

North America Track and Trace Solutions MarketMarket Analysis and Insights : North America Track and Trace Solutions Market

North America track and trace solutions market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 10.9% in the forecast period of 2020 to 2027 and is expected to reach USD 2,952.17 million by 2027. Increased demand of track and trace solutions are the major drivers which propelled the demand of the market in the forecast period.

The method of identifying the present and historical position (and other information) of a particular object or property involves the storage and transportation of several kinds of items, monitoring and tracking or tracking. This definition can be followed by the estimation and recording of the location of cars and containers, for instance, recorded in a real-time database. This method leaves the challenge of drawing up a cohesive description of the corresponding progress notes. Track and trace stands for linking machines to IT and data sharing at all rates. This includes strong hardware suite device modules or stand-alone systems. The major goal of track and trace solutions is to decline the chain of counterfeit drugs and fake products across globe and to provide smooth flow and traceability of the goods at each and every point.

Track and trace solutions demand has increased as compared to the precise year with increased demand of track and trace solutions along with introduction of increased technologically advanced track and trace solutions. In addition demand of track and trace solutions have increased because of increasing drug counterfeiting across the world. Further, the high cost of track and trace solutions is expected to restraint the usage of track and trace solutions and is expected to slow down the growth of the track and trace solutions market in the forecasted period.

The track and trace solutions market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the track and trace solutions market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

North America Track and Trace Solutions Market, By 2027North America Track and Trace Solutions Market Scope and Market Size

North America track and trace solutions market is segmented on the basis of product, solution, technology, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.  

  • On the basis of product, the track and trace solutions market is segmented into software components, hardware components and standalone platform. In 2020, software components segment segment is dominating the track and trace solutions market due the ease of installation with limited IT resources has enabled the end users to realize the value of software as compared to traditional business processes.
  • On the basis of solution, the track and trace solutions market is segmented into line & site-level serialization, cloud enterprise-level traceability, distribution and warehouse solution, supply chain data-sharing network and others. In 2020, line & site-level serialization segment is dominating the track and trace solutions market due to the rising demand for standalone platforms to reduce the serialization implementation timeframe.
  • On the basis of application, the track and trace solutions market is segmented into serialization, printing, labeling and packaging inspection, aggregation, tracking, tracing, and reporting. In 2020, the serialization segment is dominating the track and trace solutions market as a the significant share of manufacturing companies are taking making efforts in order to reduce complexities, counterfeiting, and theft in addition
  • On the basis of technology, the track and trace solutions market is segmented into 2D barcodes, radiofrequency identification (RFID), and linear/1D barcodes. In 2020, 2D barcodes segment is dominating the track and trace solutions market due to their lower cost as compared to radiofrequency identification (RFID) technology.
  • On the basis of end user, the track and trace solutions market is segmented into pharmaceutical & biopharmaceutical companies, consumer packaged goods, luxury goods, food and beverage, medical device companies, contract manufacturing organizations, repackagers, cosmetics companies, and others. In 2020, pharmaceutical & biopharmaceutical companies segment is dominating the track and trace solutions market because the regulatory support is also aiding the adoption of track & and trace solutions in the pharmaceutical & biopharmaceutical industry.
  • On the basis of distribution channel, the track and trace solutions market is segmented into direct sales and third party distributors. In 2020, direct sales segment is dominating the track and trace solutions market because it aids in ensuring proper functioning of software & and equipment for tracking & and tracing.  

North America Track and Trace Solutions MarketNorth America Track and Trace Solutions Market Country Level Analysis

The track and trace solutions market is analysed and market size information is provided by product, solution, technology, application, end user and distribution channel.

The countries covered in the track and trace solutions market report are the U.S., Canada, and Mexico.  

North America is expected to dominate the market due to the high adoption of track and trace solutions in the region. The software component in the U.S is dominating in the market and leading the growth in the North America market due to the local presence of the key market players in the region. In Canada the software component is growing with the increasing technological advanced solutions and government regulations in the region.      

The country section of the track and trace solutions market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.   

Increasing Acquisition and Merger in Track and Trace Solutions Market is Creating New Opportunities for Players in the Track and Trace Solutions Market

Track and trace solutions market also provides you with detailed market analysis for every country growth in particular industry with track and trace solutions sales, impact of advancement in the track and trace solutions and changes in regulatory scenarios with their support for the track and trace solutions market. The data is available for historic period 2010 to 2018.

Competitive Landscape and Track and Trace Solutions Market Share Analysis

North America track and trace solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America track and trace solutions market.  

The major players covered in the North America track and trace solutions market report are Adents, Uhlmann, ANTARES VISION S.p.A., METTLER TOLEDO, OPTEL GROUP, SEA VISION S.r.l., Xyntek Incorporated, Jekson Vision, RFXCEL.CORP., PharmaSecure Inc., Systech, Zebra Technologies Corp., ACG, WIPOTEC-OCS GmbH, Domino Printing Sciences plc, SL Controls Ltd, Arvato Systems, Axyway, TraceLink Korber AG, SAP SE, Siemens, IBM Corporation, Videojet Technologies, Inc. and NJM among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many product launch and agreement are also initiated by the companies’ worldwide which are also accelerating the track and trace solutions market.   

For instance,

  • In April 2020, Siemens launched its new local intelligence software in order to expand Simatic RTLS locating platform to include digital twin of performance. This new software launched by the company increases its industrial automation product portfolio leading to increased demand and sales of its solutions in future.

Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the track and trace solutions market which also provides the benefit for organisation to improve their offering for track and trace solutions.

Customization Available : North America Track and Trace Solutions Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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LIST OF TABLES

TABLE 1 OVERVIEW OF TRACK & TRACE REGULATIONS INREGULATED COUNTRIES

TABLE 2 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 3 NORTH AMERICA SOFTWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 4 NORTH AMERICA SOFTWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 5 NORTH AMERICA HARDWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 6 NORTH AMERICA HARDWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 7 NORTH AMERICA STANDALONE PLATFORM IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 8 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY SOLUTION, 2018-2027 (USD MILLION)

TABLE 9 NORTH AMERICA LINE & SITE-LEVEL SERIALIZATION IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 10 NORTH AMERICA CLOUD ENTERPRISE-LEVEL TRACEABILITY IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 11 NORTH AMERICA DISTRIBUTION AND WAREHOUSE SOLUTION IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 12 NORTH AMERICA SUPPLY CHAIN DATA-SHARING NETWORK IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 13 NORTH AMERICA OTHERS IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 14 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 15 NORTH AMERICA SERIALIZATION IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 16 NORTH AMERICA SERIALIZATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 17 NORTH AMERICA PRINTING IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 18 NORTH AMERICA LABELING AND PACKAGING INSPECTION IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 19 NORTH AMERICA AGGREGATION IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 20 NORTH AMERICA AGGREGATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 21 NORTH AMERICA TRACKING IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 22 NORTH AMERICA TRACING IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 23 NORTH AMERICA REPORTING IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 24 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY TECHNOLOGY, 2018-2027 (USD MILLION)

TABLE 25 NORTH AMERICA 2D BARCODES IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 26 NORTH AMERICA RADIOFREQUENCY IDENTIFICATION (RFID) IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 27 NORTH AMERICA LINEAR/1D BARCODES IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 28 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY END USER, 2018-2027 (USD MILLION)

TABLE 29 NORTH AMERICA PHARMACEUTICAL & BIOPHARMACEUTICAL COMPANIES IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 30 NORTH AMERICA CONSUMER PACKAGED GOODS IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 31 NORTH AMERICA LUXURY GOODS IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 32 NORTH AMERICA FOOD AND BEVERAGE IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 33 NORTH AMERICA MEDICAL DEVICE COMPANIES IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 34 NORTH AMERICA CONTRACT MANUFACTURING ORGANIZATIONS IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 35 NORTH AMERICA REPACKAGERS IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 36 NORTH AMERICA COSMETICS COMPANIES IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 37 NORTH AMERICA OTHERS IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 38 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 39 NORTH AMERICA DIRECT SALES IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 40 NORTH AMERICA THIRD PARTY DISTRIBUTORS IN TRACK AND TRACE SOLUTIONS MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 41 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY COUNTRY, 2018-2027 (USD MILLION)

TABLE 42 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 43 NORTH AMERICA SOFTWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 44 NORTH AMERICA HARDWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 45 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY SOLUTION, 2018-2027 (USD MILLION)

TABLE 46 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 47 NORTH AMERICA SERIALIZATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 48 NORTH AMERICA AGGREGATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 49 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY TECHNOLOGY, 2018-2027 (USD MILLION)

TABLE 50 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY END USER, 2018-2027 (USD MILLION)

TABLE 51 NORTH AMERICA TRACK AND TRACE SOLUTIONS MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 52 U.S. TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 53 U.S. SOFTWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 54 U.S. HARDWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 55 U.S. TRACK AND TRACE SOLUTIONS MARKET, BY SOLUTION, 2018-2027 (USD MILLION)

TABLE 56 U.S. TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 57 U.S. SERIALIZATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 58 U.S. AGGREGATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 59 U.S. TRACK AND TRACE SOLUTIONS MARKET, BY TECHNOLOGY, 2018-2027 (USD MILLION)

TABLE 60 U.S. TRACK AND TRACE SOLUTIONS MARKET, BY END USER, 2018-2027 (USD MILLION)

TABLE 61 U.S. TRACK AND TRACE SOLUTIONS MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 62 CANADA TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 63 CANADA SOFTWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 64 CANADA HARDWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 65 CANADA TRACK AND TRACE SOLUTIONS MARKET, BY SOLUTION, 2018-2027 (USD MILLION)

TABLE 66 CANADA TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 67 CANADA SERIALIZATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 68 CANADA AGGREGATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 69 CANADA TRACK AND TRACE SOLUTIONS MARKET, BY TECHNOLOGY, 2018-2027 (USD MILLION)

TABLE 70 CANADA TRACK AND TRACE SOLUTIONS MARKET, BY END USER, 2018-2027 (USD MILLION)

TABLE 71 CANADA TRACK AND TRACE SOLUTIONS MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 72 MEXICO TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 73 MEXICO SOFTWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 74 MEXICO HARDWARE COMPONENTS IN TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2018-2027 (USD MILLION)

TABLE 75 MEXICO TRACK AND TRACE SOLUTIONS MARKET, BY SOLUTION, 2018-2027 (USD MILLION)

TABLE 76 MEXICO TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 77 MEXICO SERIALIZATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 78 MEXICO AGGREGATION IN TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 79 MEXICO TRACK AND TRACE SOLUTIONS MARKET, BY TECHNOLOGY, 2018-2027 (USD MILLION)

TABLE 80 MEXICO TRACK AND TRACE SOLUTIONS MARKET, BY END USER, 2018-2027 (USD MILLION)

TABLE 81 MEXICO TRACK AND TRACE SOLUTIONS MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

 

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