Nigeria Track & Trace Solutions Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Nigeria Track & Trace Solutions Market – By Product Type (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)), Technology (Barcodes, RFID), Application (Serialization Solutions, Bottle Serialization, Label Serialization, Carton Serialization, Data Matrix Serialization, Aggregation Solutions, Bundle Aggregation, Case Aggregation and Pallet Aggregation), End User (Pharmaceutical and Biotechnology Companies, Medical Device Companies and Others)  

 

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Report

Description

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.

Key Development:

In October 2020, TraceLink launched the Serialized Product Intelligence–a new cloud application that uses serialization data to provide actionable intelligence and operative excellence.

Nigeria Track And Trace Solutions Market

MARKET SUMMARY
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3.6% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 3.6%

Nigeria Track And Trace Solutions Market

  • The nigeria track and trace solutions market report gives comprehensive outlook across the region with special emphasis on key regions.
  • The nigeria track and trace solutions market is segmented based on product type, by application, end user and geography.
Key Players
  • Systech, Inc.
  • SAP SE
  • IBM Corporation
  • Syntegon
  • Uhlmann Group
Nigeria Track And Trace Solutions Market Drivers

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.


Nigeria Track And Trace Solutions Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The nigeria track and trace solutions market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The nigeria track and trace solutions market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The nigeria track and trace solutions market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The nigeria track and trace solutions market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The nigeria track and trace solutions market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Nigeria Track And Trace Solutions Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

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.


Report

Table Of Content

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

 


Report

Company Profile

  • Mettler-Toledo International, Inc.
  • Siemens AG
  • Systech, Inc.
  • SAP SE
  • IBM Corporation
  • Syntegon
  • Uhlmann Group
  • Zebra Technologies Corporation
  • Axway Inc.

Description

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.

Key Development:

In October 2020, TraceLink launched the Serialized Product Intelligence–a new cloud application that uses serialization data to provide actionable intelligence and operative excellence.

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