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North America Track and Trace Solutions Market Size, Share & Industry Trends Analysis Report by Product (Software Solutions, Hardware Components and Standalone Platforms), End-user, Application, Technology, Country and Growth Forecast, 2022-2028

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    Report

  • 90 Pages
  • October 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5694507
The North America Track and Trace Solutions Market should witness market growth of 10.4% CAGR during the forecast period (2022-2028).

Track and trace systems enable the capturing of a product's status across the value chain and the retrospective identification and verification of its path. Typically, solutions comprise components for associating materials or products with unique identifiers; recording events at various points throughout the supply chain; and analyzing and reporting the data. Some solutions incorporate communications to facilitate the exchange of information with regulatory bodies or trading partners, while others support product authentication.

Occasionally, a track & trace system for cars is also referred to as a fleet management system, although the latter has more capabilities than simply tracking positions. Typically, a fleet management system also offers assistance with car maintenance, regulating driving behavior and fuel usage, leasing or financing vehicles, and so forth. Telematics systems are ideal for tracking and tracing trucks, trailers, and their respective loads.

With the aid of onboard computers and back-office programs, planners and dispatchers are always aware of the whereabouts of each vehicle. Additionally, they may connect directly with drivers, change the schedule as needed, and provide customers with an approximate time of arrival (ETA). The pharmaceutical track and trace technology is a logistical technology that allows drug monitoring and localization throughout the supply chain.

Due to the availability of highly controlled aggregation and serialization standards as well as advanced healthcare infrastructure, the track and trace solutions within the region is witnessing exponential growth. The FDA recommends automatic identifying technology, such as barcoding and RFID, to pharmaceutical and other healthcare industries. In addition, the United States' highly developed healthcare infrastructure along with the increased adoption of this technology is anticipated to fuel the market.

The US market dominated the North America Track and Trace Solutions Market by Country in 2021; thereby, achieving a market value of $2,414.2 million by 2028. The Canada market is experiencing a CAGR of 12.9% during (2022-2028). Additionally, The Mexico market would exhibit a CAGR of 12% during (2022-2028).

Based on Product, the market is segmented into Software Solutions, Hardware Components and Standalone Platforms. Based on End-user, the market is segmented into Pharmaceutical & Biopharmaceutical Companies, Medical Device Industry, Food Industry, Cosmetic Industry and Others. Based on Application, the market is segmented into Serialization Solutions, Aggregation Solutions and Tracking, Tracing & Reporting Solutions. Based on Technology, the market is segmented into 2D Barcodes, Linear Barcodes and Radiofrequency Identification (RFID). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, SAP SE, Syntegon Technology GmbH, Siemens AG, Videojet Technologies, Inc. (Danaher Corporation), Zebra Technologies Corporation, Mettler-Toledo International, Inc., Systech International, Inc. (Dover Corporation), Optel Group and TraceLink, Inc.

Scope of the Study

By Product

  • Software Solutions
  • Hardware Components
  • Standalone Platforms

By End-user

  • Pharmaceutical & Biopharmaceutical Companies
  • Medical Device Industry
  • Food Industry
  • Cosmetic Industry
  • Others

By Application

  • Serialization Solutions
  • Aggregation Solutions
  • Tracking, Tracing & Reporting Solutions

By Technology

  • 2D Barcodes
  • Linear Barcodes
  • Radiofrequency Identification (RFID)

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • IBM Corporation
  • SAP SE
  • Syntegon Technology GmbH
  • Siemens AG
  • Videojet Technologies, Inc. (Danaher Corporation)
  • Zebra Technologies Corporation
  • Mettler-Toledo International, Inc.
  • Systech International, Inc. (Dover Corporation)
  • Optel Group
  • TraceLink, Inc.

Unique Offerings

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Track and Trace Solutions Market, by Product
1.4.2 North America Track and Trace Solutions Market, by End-user
1.4.3 North America Track and Trace Solutions Market, by Application
1.4.4 North America Track and Trace Solutions Market, by Technology
1.4.5 North America Track and Trace Solutions Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Track and Trace Solutions Market by Product
3.1 North America Software Solutions Market by Country
3.2 North America Hardware Components Market by Country
3.3 North America Standalone Platforms Market by Country
Chapter 4. North America Track and Trace Solutions Market by End-user
4.1 North America Pharmaceutical & Biopharmaceutical Companies Market by Country
4.2 North America Medical Device Industry Market by Country
4.3 North America Food Industry Market by Country
4.4 North America Cosmetic Industry Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Track and Trace Solutions Market by Application
5.1 North America Serialization Solutions Market by Country
5.2 North America Aggregation Solutions Market by Country
5.3 North America Tracking, Tracing & Reporting Solutions Market by Country
Chapter 6. North America Track and Trace Solutions Market by Technology
6.1 North America 2D Barcodes Market by Country
6.2 North America Linear Barcodes Market by Country
6.3 North America Radiofrequency Identification (RFID) Market by Country
Chapter 7. North America Track and Trace Solutions Market by Country
7.1 US Track and Trace Solutions Market
7.1.1 US Track and Trace Solutions Market by Product
7.1.2 US Track and Trace Solutions Market by End-user
7.1.3 US Track and Trace Solutions Market by Application
7.1.4 US Track and Trace Solutions Market by Technology
7.2 Canada Track and Trace Solutions Market
7.2.1 Canada Track and Trace Solutions Market by Product
7.2.2 Canada Track and Trace Solutions Market by End-user
7.2.3 Canada Track and Trace Solutions Market by Application
7.2.4 Canada Track and Trace Solutions Market by Technology
7.3 Mexico Track and Trace Solutions Market
7.3.1 Mexico Track and Trace Solutions Market by Product
7.3.2 Mexico Track and Trace Solutions Market by End-user
7.3.3 Mexico Track and Trace Solutions Market by Application
7.3.4 Mexico Track and Trace Solutions Market by Technology
7.4 Rest of North America Track and Trace Solutions Market
7.4.1 Rest of North America Track and Trace Solutions Market by Product
7.4.2 Rest of North America Track and Trace Solutions Market by End-user
7.4.3 Rest of North America Track and Trace Solutions Market by Application
7.4.4 Rest of North America Track and Trace Solutions Market by Technology
Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent Strategies and Developments
8.1.5.1 Partnerships, Collaborations, and Agreements
8.1.5.2 Acquisition and Mergers
8.1.6 SWOT Analysis
8.2 SAP SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Siemens AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent Strategies and Developments
8.3.5.1 Acquisition and Mergers
8.3.6 SWOT Analysis
8.4 Videojet Technologies, Inc. (Danaher Corporation)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.5 Zebra Technologies Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent Strategies and Developments
8.5.5.1 Product Launches and Product Expansions
8.6 Mettler-Toledo International, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.7 Sys-Tech Solutions, Inc. (Dover Corporation)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional & Segmental Analysis
8.7.4 Research & Development Expenses
8.8 Syntegon Technology GmbH (Bosch Packaging Technology)
8.8.1 Company Overview
8.9 Optel Group
8.9.1 Company Overview
8.9.2 Recent Strategies and Developments
8.9.2.1 Acquisition and Mergers
8.10. TraceLink, Inc.
8.10.1 Company Overview

Companies Mentioned

  • IBM Corporation
  • SAP SE
  • Syntegon Technology GmbH
  • Siemens AG
  • Videojet Technologies, Inc. (Danaher Corporation)
  • Zebra Technologies Corporation
  • Mettler-Toledo International, Inc.
  • Systech International, Inc. (Dover Corporation)
  • Optel Group
  • TraceLink, Inc.

Methodology

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