Track and Trace Solutions Market worth $7.3 billion by 2026 - Exclusive Report by MarketsandMarkets™
The Growth in track and trace solutions market is largely driven by stringent regulations & standards for the implementation of serialization, increasing focus of manufacturers on brand protection, growth in the number of packaging-related product recalls, high growth in the generic and OTC markets, and growth in the medical device industry. On the other hand, the high costs and long implementation timeframe associated with serialization and aggregation and the huge setup costs are expected to limit market growth to a certain extent. "The Software segment accounted for the largest market shar...