Switzerland Track And Trace Solutions Market Size & Outlook
Switzerland track and trace solutions market, 2017-2030 (US$M)
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Switzerland track and trace solutions market highlights
- The Switzerland track and trace solutions market generated a revenue of USD 159.0 million in 2022 and is expected to reach USD 634.1 million by 2030.
- The Switzerland market is expected to grow at a CAGR of 18.9% 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 159.0 million |
| Market revenue in 2030 | USD 634.1 million |
| Growth rate | 18.9% (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 |
Other key industry trends
- In terms of revenue, Switzerland accounted for 4.5% 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 Europe, Italy track and trace solutions market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 547.1 million by 2030.
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Track And Trace Solutions Market Scope
Track And Trace Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Switzerland 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 52.83% in 2022. Horizon Databook has segmented the Switzerland track and trace solutions market based on hardware systems, software solutions covering the revenue growth of each sub-segment from 2017 to 2030.
Currently, Switzerland has not implemented the EU FMD guidelines, but is planning to implement them in the coming years. However, the Swiss government is discussing legal bases of implementing such a system.
For now, it is still impossible to predict whether or not Switzerland will set up such a system and how it will be regulated. The presence of local and foreign players is expected to boost market growth in the coming years. For instance, Mettler Toledo has a manufacturing facility in Switzerland and is planning to expand its business in the country.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Switzerland track and trace solutions market , including forecasts for subscribers. This country databook contains high-level insights into Switzerland track and trace solutions market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Switzerland track and trace solutions market size, by product, 2017-2030 (US$M)
Switzerland Track And Trace Solutions Market Outlook Share, 2022 & 2030 (US$M)
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