Voice Picking Solution Market Size Worth USD 3.0 Billion by 2025 Due To The Rise In Online Deliveries And Surge In Distribution Channels | Grand View Research Inc.
According to the report, “Voice Picking Solution Market Size, Share & Trends Analysis Report By Component, By Industry Vertical (Food & Beverage, Retail & E-commerce, Healthcare & Pharma, Logistics & Transportation, Automotive), And Segment Forecasts, 2019 – 2025”, the growing adoption of voice-directed warehousing systems for increasing employee productivity and warehouse efficiency is expected to drive the growth of the market for voice picking solutions.
A voice picking solution can facilitate real-time communication between the warehouse management system and the distribution system. The use of voice-based technology can particularly help distribution centers in improving accuracy and productivity, reducing employee training time, and subsequently optimizing the warehouse operations. As such, a voice picking solution can help warehouses in augmenting revenues, increasing the number of customers served, and managing the inventory efficiently. All these factors are expected to contribute significantly to encourage the adoption of voice picking solutions and drive the market growth over the forecast period.
A voice picking solution can also be deployed to assist warehousing operations in meeting the rising demand and creating real-time processes that can increase warehouse efficiency. Once a voice picking solution is deployed, it can enhance customer satisfaction by delivering the right product at the desired time. It can also increase productivity and accuracy while reducing errors, lowering costs, and eliminating inefficiencies.
Voice Picking Solution Market Report Highlights
The software segment dominated the voice picking solution market in 2018 as large e-commerce companies emphasized on speeding up product delivery and realizing a higher return on investment
Benefits, such as increase worker satisfaction, enhanced customer service levels, and higher throughput, associated with voice-directed solutions are driving the market growth
Several retail companies and manufacturing and distribution companies are deploying a voice picking solution to reduce the cost of operations and augment the profitability
The Asia Pacific regional market has been gaining traction over the past few years in line with the growing emphasis on enhancing the efficiency of the warehouses in the region
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Grand View Research has segmented the global voice picking solution market on the basis of component, industry vertical, and region:
Voice Picking Solution Component Outlook (Revenue, USD Million, 2014 – 2025)
Software
On-Premise
Cloud
Services
Training
Consulting
Implementation & Integration
Maintenance & Support
Voice Picking Solution Industry Vertical Outlook (Revenue, USD Million, 2014 – 2025)
Food & Beverage
Retail & E-commerce
Healthcare & Pharmaceutical
Logistics & Transportation
Automotive
Others
Voice Picking Solution Regional Outlook (Revenue, USD Million, 2014 – 2025)
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Asia Pacific
China
Japan
India
South America
Brazil
Middle East and Africa (MEA)
List of Key Players for Voice Picking Solution Market:
Bastian Solutions, Inc.;
Dematic; Ehrhardt + Partner Solutions Limited;
Honeywell International Inc.;
Ivanti;
Lucas Systems;
Voiteq;
Voxware;
Zebra Technologies Corp.;
ZETES
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Voice And Speech Recognition Software Market – https://www.grandviewresearch.com/industry-analysis/voice-speech-recognition-software-market
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