Japan Track And Trace Solutions Market Size & Outlook
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Japan track and trace solutions market highlights
- The Japan track and trace solutions market generated a revenue of USD 94.1 million in 2022 and is expected to reach USD 451.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 21.7% from 2023 to 2030.
- In terms of segment, software solutions was the largest revenue generating product in 2022.
- Hardware Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Track and trace solutions market data book summary
| Market revenue in 2022 | USD 94.1 million |
| Market revenue in 2030 | USD 451.4 million |
| Growth rate | 21.7% (CAGR from 2023 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 |
Other key industry trends
- In terms of revenue, Japan accounted for 2.7% of the global track and trace solutions market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China track and trace solutions market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 478.1 million by 2030.
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Track And Trace Solutions Market Scope
Track And Trace Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ACG World | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | http://www.acg-world.com/ |
| Optimum Interactive USA Ltd | View profile | - | 4600 Campus Drive, Suite 106, Newport Beach, CA, United States, 92660 | http://www.celect.org |
| Korber AG | View profile | 10001+ | Hamburg, Hamburg, Germany, Europe | https://www.koerber.com/en/ |
| Adents | View profile | 101-250 | Antony, Ile-de-France, France, Europe | https://adents.com |
| TraceLink | View profile | 501-1000 | North Reading, Massachusetts, United States, North America | http://tracelink.com |
| Axway | View profile | 1001-5000 | Phoenix, Arizona, United States, North America | http://www.axway.com |
| Mettler-Toledo International Inc | View profile | 17300 | 1900 Polaris Parkway, Columbus, OH, United States, 43240 | https://www.mt.com |
| Antares Vision SpA | View profile | 1300 | Via Del Ferro 16, Travagliato, Brescia, Italy, 25039 | https://www.antaresvisiongroup.com |
| Dover Corp | View profile | 25000 | 3005 Highland Parkway, Downers Grove, IL, United States, 60515 | https://www.dovercorporation.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
Japan track and trace solutions market outlook
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 53.56% in 2022. Horizon Databook has segmented the Japan track and trace solutions market based on hardware systems, software solutions covering the revenue growth of each sub-segment from 2017 to 2030.
Government support and regulations for implementation of tracking systems in healthcare are anticipated to fuel the market growth in Japan. In November 2006, the Japan Association of Medical Device Industries (JAMDI) issued guidelines for laser marking on surgical equipment for the purpose of ensuring traceability, patient safety, and effective inventory management in hospitals.
Efforts have been taken along the entire value chain to maintain the integrity and safety in drug manufacture and distribution process which is expected to boost the revenue.
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Our clientele includes a mix of track and trace solutions market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan track and trace solutions market , including forecasts for subscribers. This country databook contains high-level insights into Japan track and trace solutions market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Japan track and trace solutions market size, by product, 2017-2030 (US$M)
Japan Track And Trace Solutions Market Outlook Share, 2022 & 2030 (US$M)
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