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Track and Trace Solutions Market is driven by Increasing Demand for Anti-counterfeiting The track and trace solutions market provides a standardized and harmonized approach for unique identification and accurate verification of individual items within the supply chain. Technologies such as barcode and RFID are used in track and trace solutions to ensure the authenticity and origin of products. These solutions help address issues pertaining to counterfeits, theft, and diversion within supply chains while enhancing operational efficiencies through workflow automation and inventory management. The growing threat of drug counterfeits along with stringent regulations for unique identification of regulated products are some of the key factors driving the adoption of track and trace solutions globally. The Global Track and Trace Solutions Market is estimated to be valued at US$ 4027.35 Mn in 2024 and is expected to exhibit a CAGR of 14% over the forecast period from 2024 to 2031. Get More Insights On Track And Trace Solutions Market https://fortunetelleroracle.com/news/track-and-trace-solutions-market-is-driven-by-increasing-demand-for-anti-counterfeiting-964876