The market for labeling software is anticipated to generate US$ 975.8 million while demonstrating a 5.8% CAGR over the projected year. The market growth in the upcoming years is probably going to be fueled by the increasing assistance from numerous governments. In 2022, it’s anticipated that the sector would generate US$ 553.8 million.
The improvement in the economy, urbanization, rising demand for packaging options for diverse products, and rising desire for automation in the food industry are all factors contributing to the growth of the labeling software market. Additionally, the product manufacturer is looking for flexible labeling software to aid in branding a variety of products.
The market for labeling software is expanding because of the increasing demand for proper labeling. Labeling software is also expanding as a result of the quickly expanding e-commerce market. These programs automatically become the ideal option for companies that deal in a variety of goods because they are easy to use and save a great deal of time and money.
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According to the analysis, the market for labeling software is expected to offer lucrative potential for large organizations. Many emerging nations are significantly improving their finances, creating attractive prospects for market participants.
Key Takeaways from the Market Study
- Based on deployment mode, the joint on-premises segment is expected to record a 5.5% CAGR by 2032
- By Enterprise size, the large enterprise’s segment is to expand at a 5.3% growth rate during the forecast period
- The U.S market to garner US$ 348.2 Million and record a 5.6% CAGR from 2022-2032
- Market in China to procure US$ 72.4 Million, expanding at a 5.5% growth rate during the assessment period
Competitive Landscape
Eminent players in the global Labeling Software Market include Blue Software Llc, Cybra Corporation, Data Systems International Inc. (Dsi), Endicia, and Euro Plus Ltd. among others. Recent key developments among players include:
- In March 2020- CYBRA Corporation announced the addition of support for Epson Colorwork color inkjet printers. Ideal for high-mix label requirements, Epson ColorWorks printers deliver dependable, commercial inkjet printing with fast-drying, durable color inks while reducing the cost of using pre-printed labels.
- In February 2022– Dun & Bradstreet Holdings, Inc. a leading global provider of business decisioning data and analytics, and Google Cloud, today announced a 10-year strategic agreement to leverage Google Cloud for infrastructure modernization and jointly innovate new industry-specific solutions and services to help businesses operate more efficiently.
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global Labeling Software Market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights based on Deployment Mode (On-Premises, Cloud) by Enterprise Size (SME, Large Enterprises) by End-user(FMCG, Retail, Healthcare, Warehousing & Logistics, Others) and Region (North America, Latin America Europe, APAC, and Middle East & Africa)
Key Segments Covered in the Labeling Software Industry Survey
Labeling Software Market by Deployment Mode:
- On-Premises Labeling Software
- Cloud-based Labeling Software
Labeling Software Market by Enterprise Size:
- Labeling Software for SMEs
- Labeling Software for Large Enterprises
Labeling Software Market by End-User:
- Labeling Software for FMCG
- Labeling Software for Retail
- Labeling Software for Healthcare
- Labeling Software for Warehousing and Logistics
- Labeling Software for Other End Users
Labeling Software Market by Region:
- North America Labeling Software Market
- Latin America Labeling Software Market
- Europe Labeling Software Market
- APAC Labeling Software Market
- The Middle East & Africa Labeling Software Market
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