DUBLIN–(BUSINESS WIRE)–Dec 4, 2020–
The “Global Track and Trace Solutions Market 2019-2028” report has been added to ResearchAndMarkets.com’s offering.
As per this report, the global market for track and trace solutions is predicted to exhibit a CAGR of 12.75% during the estimated period of 2019-2028.
Factors such as the growing number of counterfeit drugs, coupled with favorable regulations for serialization implementation, are motivating the growth of the studied market during the forecast period. Furthermore, blockchain adoption and rising demand from emerging countries, are opening multiple opportunities for the track and trace solutions market in the same period.
However, the high costs of solutions and lack of common standards, are significantly weighing down the progress of the track and trace solutions market globally.
The global track and trace solutions market covers North America, Asia-Pacific, Latin America, Europe, Middle East and Africa regions.
Geographically, North America holds the largest market for track