The Asia Pacific Compliance and Traceability Solutions Market should witness market growth of 12.5% CAGR during the forecast period (2022-2028).
A company's stock performance and bottom line are significantly impacted by any significant recalls. Adopting a traceability system will hasten recalls, bolster cooperation with authorities, enable better information sharing with customers, and limit the harm to brand reputation. The only way to do batch recalls more quickly is with a reliable supply chain traceability solution. To know where a product came from, a corporation must label everything it created and sold. Manufacturers can retrace the life cycle of a damaged product.
The details obtained through traceability include production dates and times, equipment used for production and packaging, personnel engaged in raw materials,production & packaging, and inventory locations. All business leadership teams are under more pressure than ever to improve sustainability, performance, and resilience in an increasingly unsure global economy. However, these goals can be accomplished, and a competitive advantage can be gained by businesses using a supply chain traceability system.
India has a very strong logistics and transportation sector. India's transportation system, which serves 3.3 million square kilometers of land and is closes to one billion people, is one of the greatest in the world, as stated by the National Portal of India. Highways, trains, and air services comprise most of the services' network. Over the 6000 kilometers of coastline, there are 12 big ports and another 150 smaller ports. Cost-effective reduction of logistics is the ultimate objective of the Indian transport industry. India has a highly consolidated logistics industry. The logistics industry in India is very complex, with numerous government organizations, export promotion committees, PGAs, certificates, and commodities. EXIM also needs 500 certificates and 81 authorities. These elements would support the growth of the regional market.
The China market dominated the Asia Pacific Compliance and Traceability Solution Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $452.3 million by 2028. The Japan market is estimated to grow at a CAGR of 11.9% during (2022-2028). Additionally, The India market would display a CAGR of 13.2% during (2022-2028).
Based on Component, the market is segmented into Software and Services. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into Healthcare, Food & Agriculture, Government, Manufacturing, IT & Telecom, BFSI and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Tata Consultancy Services Ltd., Omron Corporation, Mettler-Toledo International, Inc., Sys-Tech Solutions, Inc. (Dover Corporation), Optel Group, 4CRisk.ai, Agrilyze, Tuleap, and TraceLink, Inc.
A company's stock performance and bottom line are significantly impacted by any significant recalls. Adopting a traceability system will hasten recalls, bolster cooperation with authorities, enable better information sharing with customers, and limit the harm to brand reputation. The only way to do batch recalls more quickly is with a reliable supply chain traceability solution. To know where a product came from, a corporation must label everything it created and sold. Manufacturers can retrace the life cycle of a damaged product.
The details obtained through traceability include production dates and times, equipment used for production and packaging, personnel engaged in raw materials,production & packaging, and inventory locations. All business leadership teams are under more pressure than ever to improve sustainability, performance, and resilience in an increasingly unsure global economy. However, these goals can be accomplished, and a competitive advantage can be gained by businesses using a supply chain traceability system.
India has a very strong logistics and transportation sector. India's transportation system, which serves 3.3 million square kilometers of land and is closes to one billion people, is one of the greatest in the world, as stated by the National Portal of India. Highways, trains, and air services comprise most of the services' network. Over the 6000 kilometers of coastline, there are 12 big ports and another 150 smaller ports. Cost-effective reduction of logistics is the ultimate objective of the Indian transport industry. India has a highly consolidated logistics industry. The logistics industry in India is very complex, with numerous government organizations, export promotion committees, PGAs, certificates, and commodities. EXIM also needs 500 certificates and 81 authorities. These elements would support the growth of the regional market.
The China market dominated the Asia Pacific Compliance and Traceability Solution Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $452.3 million by 2028. The Japan market is estimated to grow at a CAGR of 11.9% during (2022-2028). Additionally, The India market would display a CAGR of 13.2% during (2022-2028).
Based on Component, the market is segmented into Software and Services. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into Healthcare, Food & Agriculture, Government, Manufacturing, IT & Telecom, BFSI and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Tata Consultancy Services Ltd., Omron Corporation, Mettler-Toledo International, Inc., Sys-Tech Solutions, Inc. (Dover Corporation), Optel Group, 4CRisk.ai, Agrilyze, Tuleap, and TraceLink, Inc.
Scope of the Study
By Component
- Software
- Services
By Deployment Mode
- On-premise
- Cloud
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- Healthcare
- Food & Agriculture
- Government
- Manufacturing
- IT & Telecom
- BFSI
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Tata Consultancy Services Ltd.
- Omron Corporation
- Mettler-Toledo International, Inc.
- Sys-Tech Solutions, Inc. (Dover Corporation)
- Optel Group
- 4CRisk.ai
- Agrilyze
- Tuleap
- 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 & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Compliance and Traceability Solution Market, by Component
1.4.2 Asia Pacific Compliance and Traceability Solution Market, by Deployment Mode
1.4.3 Asia Pacific Compliance and Traceability Solution Market, by Organization Size
1.4.4 Asia Pacific Compliance and Traceability Solution Market, by Vertical
1.4.5 Asia Pacific Compliance and Traceability Solution Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Compliance and Traceability Solution Market by Component
3.1 Asia Pacific Software Market by Country
3.2 Asia Pacific Services Market by Country
Chapter 4. Asia Pacific Compliance and Traceability Solution Market by Deployment Mode
4.1 Asia Pacific On-premise Market by Country
4.2 Asia Pacific Cloud Market by Country
Chapter 5. Asia Pacific Compliance and Traceability Solution Market by Organization Size
5.1 Asia Pacific Large Enterprises Market by Country
5.2 Asia Pacific SMEs Market by Country
Chapter 6. Asia Pacific Compliance and Traceability Solution Market by Vertical
6.1 Asia Pacific Healthcare Market by Country
6.2 Asia Pacific Food & Agriculture Market by Country
6.3 Asia Pacific Government Market by Country
6.4 Asia Pacific Manufacturing Market by Country
6.5 Asia Pacific IT & Telecom Market by Country
6.6 Asia Pacific BFSI Market by Country
6.7 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Compliance and Traceability Solution Market by Country
7.1 China Compliance and Traceability Solution Market
7.1.1 China Compliance and Traceability Solution Market by Component
7.1.2 China Compliance and Traceability Solution Market by Deployment Mode
7.1.3 China Compliance and Traceability Solution Market by Organization Size
7.1.4 China Compliance and Traceability Solution Market by Vertical
7.2 Japan Compliance and Traceability Solution Market
7.2.1 Japan Compliance and Traceability Solution Market by Component
7.2.2 Japan Compliance and Traceability Solution Market by Deployment Mode
7.2.3 Japan Compliance and Traceability Solution Market by Organization Size
7.2.4 Japan Compliance and Traceability Solution Market by Vertical
7.3 India Compliance and Traceability Solution Market
7.3.1 India Compliance and Traceability Solution Market by Component
7.3.2 India Compliance and Traceability Solution Market by Deployment Mode
7.3.3 India Compliance and Traceability Solution Market by Organization Size
7.3.4 India Compliance and Traceability Solution Market by Vertical
7.4 South Korea Compliance and Traceability Solution Market
7.4.1 South Korea Compliance and Traceability Solution Market by Component
7.4.2 South Korea Compliance and Traceability Solution Market by Deployment Mode
7.4.3 South Korea Compliance and Traceability Solution Market by Organization Size
7.4.4 South Korea Compliance and Traceability Solution Market by Vertical
7.5 Singapore Compliance and Traceability Solution Market
7.5.1 Singapore Compliance and Traceability Solution Market by Component
7.5.2 Singapore Compliance and Traceability Solution Market by Deployment Mode
7.5.3 Singapore Compliance and Traceability Solution Market by Organization Size
7.5.4 Singapore Compliance and Traceability Solution Market by Vertical
7.6 Malaysia Compliance and Traceability Solution Market
7.6.1 Malaysia Compliance and Traceability Solution Market by Component
7.6.2 Malaysia Compliance and Traceability Solution Market by Deployment Mode
7.6.3 Malaysia Compliance and Traceability Solution Market by Organization Size
7.6.4 Malaysia Compliance and Traceability Solution Market by Vertical
7.7 Rest of Asia Pacific Compliance and Traceability Solution Market
7.7.1 Rest of Asia Pacific Compliance and Traceability Solution Market by Component
7.7.2 Rest of Asia Pacific Compliance and Traceability Solution Market by Deployment Mode
7.7.3 Rest of Asia Pacific Compliance and Traceability Solution Market by Organization Size
7.7.4 Rest of Asia Pacific Compliance and Traceability Solution Market by Vertical
Chapter 8. Company Profiles
8.1 SAP SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Tata Consultancy Services Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 Omron Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Mettler-Toledo International, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.5 Sys-Tech Solutions, Inc. (Dover 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 Partnerships, Collaborations, and Agreements:
8.6 Optel Group
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Product Launches and Product Expansions:
8.6.2.3 Acquisition and Mergers:
8.7 4CRisk.ai
8.7.1 Company Overview
8.8 Agrilyze
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.9 Tuleap
8.9.1 Company Overview
8.10. TraceLink, Inc.
8.10.1 Company Overview
Companies Mentioned
- SAP SE
- Tata Consultancy Services Ltd.
- Omron Corporation
- Mettler-Toledo International, Inc.
- Sys-Tech Solutions, Inc. (Dover Corporation)
- Optel Group
- 4CRisk.ai
- Agrilyze
- Tuleap
- TraceLink, Inc.
Methodology
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