Market revenue in 2022 | USD 30.1 million |
Market revenue in 2030 | USD 119.0 million |
Growth rate | 18.8% (CAGR from 2022 to 2030) |
Largest segment | Software solutions |
Fastest growing segment | Hardware Systems |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hardware Systems, Software Solutions |
Key market players worldwide | Axway, Mettler-Toledo International Inc, TraceLink, Adents, Antares Vision SpA, Siemens AG, Korber AG, Dover Corp, Optimum Interactive USA Ltd, ACG World |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to track and trace solutions market will help companies and investors design strategic landscapes.
Software solutions was the largest segment with a revenue share of 52.82% in 2022. Horizon Databook has segmented the Belgium track and trace solutions market based on hardware systems, software solutions covering the revenue growth of each sub-segment from 2017 to 2030.
Belgium track & trace solutions market is expected to show significant growth over the forecast period. The country already has a national tracking system for pharmaceutical drugs. It includes has 2D barcodes containing the unique serial number, batch number, product code, and expiry date. The country received a grace period of 6 years to implement EU FMD guidelines throughout its pharmaceutical verticals.
Horizon Databook provides a detailed overview of country-level data and insights on the Belgium track and trace solutions market , including forecasts for subscribers. This country databook contains high-level insights into Belgium track and trace solutions market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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