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Showing posts with the label Track and Trace Solutions Market Revenue

Track and Trace Solutions Market Registering A CAGR Of 19.0% From 2021 To 2028

  San Francisco, 10 May 2021:   The Report  Track And Trace Solutions Market  Size, Share & Trends Analysis Report By Product (Hardware, Software), By Technology (Barcodes, RFID), By Application (Serialization, Aggregation), By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global track and trace solutions market size is expected to reach USD 9.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.0% from 2021 to 2028. The growth is attributed majorly due to the increasing focus of pharmaceutical and biopharmaceutical companies on ensuring brand protection from counterfeit products and theft. The deployment of a track and trace system helps manufacturers enhance distribution channel efficiency and reduces the frequency of counterfeit products. Furthermore, the rising adoption of track and trace systems by healthcare manufacturers would fuel the market growth in th...

Track and Trace Solutions Market Expected To Trigger A Revenue To USD 5.2 Billion By 2025 : Grand View Research Inc.

San Francisco, 14 June 2019:  The Report  Track and Trace Solutions Market  Analysis Report By Product (Hardware, Software), Technology (Barcodes, RFID), Application (Serialization, Aggregation), End-use, And Segment Forecasts, 2018 – 2025 The global track and trace solutions market size is expected to reach USD 5.2 billion by 2025, according to a new report by Grand View Research, Inc. The track and trace solutions market is anticipated to witness a high growth during the forecastperiod from 2016 to 2025. The high growth is attributed to a majority of factors, such as the increasing focus of pharmaceutical & biopharmaceutical companies on ensuring brand protection. The pharmaceuticals & medical devices manufacturers encounter a major threat from counterfeit products and theft. The deployment of track and trace solution helps manufacturers enhance distribution channel efficiency and reduces the frequency of counterfeit products. Furthermore, rising ...