Digital Product Passport Software Market
Digital Product Passport Software Market Size, Share & Trends Analysis Report by Deployment (Cloud-Based and On-Premise), by Application (Supply Chain Management, Environmental Impact Assessment, Circular Economy, Regulatory Compliance & Reporting, and Other Applications), and by Industry (Retail, Chemical, Automotive, Healthcare, Electrical Goods and Others (Travel & Leisure, Logistics, and Steel)), Forecast Period (2024-2031)
Digital product passport software market is anticipated to grow at a significant CAGR of 19.1% during the forecast period (2024-2031). Digital product passport software enhances transparency, trust, and accountability among stakeholders in the supply chain by offering a common platform for recording and retrieving product data. DPP program analyzes product data using AI and contemporary analytics to spot trends, patterns, and supply chain optimization.
Market Dynamics
Growing demand for supply chain management
The increasing need for safe, transparent supply chain management systems drove the introduction of digital product passports in the industrial, healthcare, and transportation industries. Technological advancements like IoT sensors and blockchain integration have increased industry acceptance and raised the bar for real-time tracking and data security resilience.
A rising number of technological advancement
Compliance monitoring for digital product passport software that offers supply chain transparency, real-time data flow, and regulatory compliance monitoring is about to experience major advancements. Technology advancements like blockchain, IoT connectivity, and artificial intelligence are critical for businesses to assure compliance, optimize operations, and gain the trust of their clients.
Market Segmentation
Our in-depth analysis of the global digital product passport software market includes the following segments by deployment, application, and industry:
- Based on deployment, the market is segmented into cloud-based and on-premise.
- Based on application, the market is segmented into supply chain management, environmental impact assessment, circular economy, regulatory compliance & reporting, and other applications.
- Based on industry, the market is segmented into retail, chemical, automotive, healthcare, electrical goods, and others (travel & leisure, logistics, and steel)
Healthcare Segment to Hold a Considerable Market Share
Through effective digital record storage, the healthcare sector is improving patient data management, compliance, and patient care using digital product passport software. DPP software supports stricter regulatory standards, streamlines operations for improved management, and improves healthcare efficiency and secure data processing. Strong digital product passport solutions are in high demand since they are crucial to the rapidly evolving field of healthcare technology.
Regional Outlook
The global digital product passport software market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific countries to invest in innovation and digitization
- Government programs encouraging innovation and digitization have led businesses to use DPP software to increase productivity, cut expenses, and win over more clients.
- China had a major impact on the market due to its strong manufacturing sector, government backing for digitization, supply chain management, and influence in international trade.
Global Digital Product Passport Software Market Growth by Region 2024-2031
North America Holds Major Market Share
North America’s digital technology business is strong, and it places a high priority on supply chain transparency and consumer safety thanks to intricate regulatory frameworks. Digital passports improve supply chain accountability in the US by ensuring authenticity and security and tracking products throughout their life cycle. The integration of DPP has been made easier by market maturity and the broad acceptance of digital technology, enabling businesses to comply with legal regulations and gain the trust of their clients.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global digital product passport software market include Billon Group Ltd., CIRCULARISE, CIRPASS, Det Norske Veritas Group, and iPoint-systems GmbH, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in June 2023, RCS Global Group and Spherity announced a partnership to develop a digital product passport leveraging self-sovereign identity. The partnership has transformed the traceability and transparency of batteries and battery supply chains by combining RCS Global’s supply chain knowledge with Spherity’s cutting-edge technology to develop a digital product passport for batteries. Spherity’s digital wallets ensure that supplier and battery passport data can be trusted and digitally verifiable while safeguarding business confidentiality.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital product passport software market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Billon Group Ltd.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. CIRCULARISE
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. CIRPASS
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Digital Product Passport Software Market by Deployment
4.1.1. Cloud-Based
4.1.2. On-Premise
4.2. Global Digital Product Passport Software Market by Application
4.2.1. Supply Chain Management
4.2.2. Environmental Impact Assessment
4.2.3. Circular Economy
4.2.4. Regulatory Compliance & Reporting
4.2.5. Other
4.3. Global Digital Product Passport Software Market by Industry
4.3.1. Retail
4.3.2. Chemical
4.3.3. Automotive
4.3.4. Healthcare
4.3.5. Electrical Goods
4.3.6. Others (Travel & Leisure, Logistics, and Steel)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. 3E Exchange
6.2. Circuland
6.3. Det Norske Veritas Group
6.4. iPoint-systems GmbH
6.5. Kezzler AS
6.6. LyondellBasell Industries Holdings B.V.
6.7. Madaster
6.8. Minespider
6.9. Narravero GmbH
6.10. OPTEL GROUP
6.11. Protokol
6.12. PSQR
6.13. Qliktag Software Inc.
6.14. Scantrust SA
6.15. Siemens
6.16. Spherity GmbH
6.17. The ID Factory SRL
6.18. Wiliot
1. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2023-2031 ($ MILLION)
2. GLOBAL CLOUD-BASED DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL ON-PREMISE DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
5. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR SUPPLY CHAIN MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
6. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR ENVIRONMENTAL IMPACT ASSESSMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR CIRCULAR ECONOMY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR REGULATORY COMPLIANCE & REPORTING MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2023-2031 ($ MILLION)
11. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR CHEMICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
15. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR ELECTRICAL GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
16. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
17. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
18. NORTH AMERICAN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
19. NORTH AMERICAN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2023-2031 ($ MILLION)
20. NORTH AMERICAN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
21. NORTH AMERICAN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2023-2031 ($ MILLION)
22. EUROPEAN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
23. EUROPEAN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2023-2031 ($ MILLION)
24. EUROPEAN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
25. EUROPEAN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2023-2031 ($ MILLION)
26. ASIA-PACIFIC DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
27. ASIA-PACIFIC DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2023-2031 ($ MILLION)
28. ASIA-PACIFIC DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
29. ASIA-PACIFIC DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2023-2031 ($ MILLION)
30. REST OF THE WORLD DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
31. REST OF THE WORLD DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2023-2031 ($ MILLION)
32. REST OF THE WORLD DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
33. REST OF THE WORLD DIGITAL PRODUCT PASSPORT SOFTWARE MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2023-2031 ($ MILLION)
1. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SHARE BY DEPLOYMENT, 2023 VS 2031 (%)
2. GLOBAL CLOUD-BASED DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL ON-PREMISE DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SHARE BY APPLICATION, 2023 VS 2031 (%)
5. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR SUPPLY CHAIN MANAGEMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
6. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR ENVIRONMENTAL IMPACT ASSESSMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
7. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR CIRCULAR ECONOMY MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR REGULATORY COMPLIANCE & REPORTING MARKET SHARE BY REGION, 2023 VS 2031 (%)
9. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR OTHER MARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SHARE BY INDUSTRY, 2023 VS 2031 (%)
11. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR RETAIL MARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR CHEMICAL MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR AUTOMOTIVE MARKET SHARE BY REGION, 2023 VS 2031 (%)
14. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR HEALTHCARE MARKET SHARE BY REGION, 2023 VS 2031 (%)
15. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR ELECTRICAL GOODS MARKET SHARE BY REGION, 2023 VS 2031 (%)
16. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE FOR OTHERS MARKET SHARE BY REGION, 2023 VS 2031 (%)
17. GLOBAL DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SHARE BY REGION, 2023 VS 2031 (%)
18. US DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
19. CANADA DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
20. UK DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
21. FRANCE DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
22. GERMANY DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
23. ITALY DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
24. SPAIN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
25. REST OF EUROPE DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
26. INDIA DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
27. CHINA DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
28. JAPAN DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
29. SOUTH KOREA DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
30. REST OF ASIA-PACIFIC DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
31. LATIN AMERICA DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
32. MIDDLE EAST AND AFRICA DIGITAL PRODUCT PASSPORT SOFTWARE MARKET SIZE, 2023-2031 ($ MILLION)
