Track and Trace Solutions Market Size, Industry Share, COVID-19 Impact Analysis- 2025 | iCognition Insights
The global track and trace solutions market is expected to accelerate at a CAGR of 14.9% by 2025. This research is published by iCognition Insights in a new report, titled, "Track & Trace Solutions Market Analysis by Product (Hardware, Software), by Technology (RFID, Barcode), by Application (Aggregation, Serialization), by End-User (Medical Device Company, Pharmaceutical Company), & by Region - Forecast to 2025." The report further informs that the market size is projected to reach USD 5400.8 million by 2025. Increasing importance of efficient packaging & logistics management, continuous transparency, benefits of product ID verification services enabling hassle-free product movement within the sales channel and its value addition in brand protection drive the market growth. Track and trace solutions play a vital role in the supply chain of healthcare products by providing significant security and accuracy, ensuring its arrival at the correct location within a sp...