- Hardware Systems
- Software Solutions
Nigeria Track And Trace Solutions Market size is valued at USD 201.3 million in 2021 and is expected to grow at a significant CAGR of 3.6% during the forecast period 2022 to 2028. The market provides a detailed overview and that can be segmented by product type, software solutions, technology, application, and end-user. By product type, the Nigeria track & trace solutions market has been segmented into Hardware Systems (Printing and Marking Solutions, Monitoring and Verification Solutions, Labeling Solutions, and Others), Software Solutions (Plant Manager Software, Line Controller Software, Bundle Tracking Software, and Others). Among these, the software segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on technology, the market is segmented into Barcodes and RFID. the barcodes segment accounts for the largest share in 2021. Based on the application, the market has been segregated into Serialization Solutions (Bottle Serialization, Label Serialization, Carton Serialization, Data Matrix Serialization), Aggregation Solutions (Bundle Aggregation, Case Aggregation, and Pallet Aggregation). The Serialization Solutions segment is expected to dominate other segments in the Nigeria track & trace solutions market. Based on end users the Nigeria track & trace solutions market is segmented into Pharmaceutical and Biotechnology Companies, Medical Device Companies, and Others. Among these, the pharmaceutical and biotechnology companies segment is expected to have the fastest-growing market during the forecast period 2022-2028. Biotechnology companies are estimated to be the second-largest segment during the forecast period according to Precision Business Insights.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Growth in the 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.
The Nigeria Track And Trace Solutions Market is projected to expand at a CAGR of 3.6% during the forecast period.
The major players in the global Nigeria Track & Trace Solutions market are Mettler-Toledo International, Inc., Siemens AG, Systech, Inc., SAP SE, IBM Corporation, Syntegon, Uhlmann Group, Zebra Technologies Corporation, Axway Inc.
1. Executive Summary |
2. Nigeria Track & Trace Solutions Market Introduction |
2.1. Nigeria Track & Trace Solutions Market – Taxonomy |
2.2. Nigeria Track & Trace Solutions Market –Definitions |
2.2.1. By Product Type |
2.2.2. By Technology |
2.2.3. By Application |
2.2.4. By End User |
2.2.5. By Region |
3. Nigeria Track & Trace Solutions Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Nigeria Track & Trace Solutions Market Dynamic Factors - Impact Analysis |
3.6. Nigeria Track & Trace Solutions Market – Competition Landscape |
4. Nigeria Track & Trace Solutions Market Analysis, 2017-2021 and Forecast, 2022-2028 |
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Nigeria Track & Trace Solutions Market, By Product Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.1. Hardware Systems |
5.1.1. Printing and Marking Solutions |
5.1.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.1.3. Market Opportunity Analysis |
5.1.2. Monitoring and Verification Solutions |
5.1.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.2.3. Market Opportunity Analysis |
5.1.3. Labeling Solutions |
5.1.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3.3. Market Opportunity Analysis |
5.1.4. Others |
5.1.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.4.3. Market Opportunity Analysis |
5.2. Software Solutions |
5.2.1. Plant Manager Software |
5.2.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.1.3. Market Opportunity Analysis |
5.2.2. Line Controller Software |
5.2.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.2.3. Market Opportunity Analysis |
5.2.3. Bundle Tracking Software |
5.2.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3.3. Market Opportunity Analysis |
5.2.4. Others |
5.2.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.4.3. Market Opportunity Analysis |
6. Nigeria Track & Trace Solutions Market, By Technology, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
6.1. Barcodes |
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. RFID |
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. Nigeria Track & Trace Solutions Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.1. Serialization Solutions |
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Bottle Serialization |
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Label Serialization |
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Carton Serialization |
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Data Matrix Serialization |
7.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Aggregation Solutions |
7.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.6.3. Market Opportunity Analysis |
7.7. Bundle Aggregation |
7.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.7.3. Market Opportunity Analysis |
7.8. Case Aggregation |
7.8.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.8.3. Market Opportunity Analysis |
7.9. Pallet Aggregation |
7.9.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.9.3. Market Opportunity Analysis |
8. Nigeria Track & Trace Solutions Market, By End User, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
8.1. Pharmaceutical & Biotechnology Companies |
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Medical Device Companies |
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Others |
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Nigeria Track & Trace Solutions Market - Opportunity Analysis Index, By Product Type, By Technology, By Application, By End User, and Region, 2022-2028 |
8.5. Nigeria Track & Trace Solutions Market Dynamics – Trends |
9. Competition Landscape |
9.1. Strategic Dashboard of Top Market Players |
9.2. Company Profiles (Introduction, Financial Analysis, Key Product Types, Key Developments, Strategies, and SWOT Analysis) |
9.2.1. Mettler-Toledo International, Inc. |
9.2.2. Siemens AG |
9.2.3. Systech, Inc. |
9.2.4. SAP SE |
9.2.5. IBM Corporation |
9.2.6. Syntegon |
9.2.7. Uhlmann Group |
9.2.8. Zebra Technologies Corporation |
9.2.9. Axway Inc. |
10. Research Methodology |
11. Key Assumptions and Acronyms |