Albany, NY -- (SBWire) -- 12/19/2018 --Recent research and the current scenario as well as future market potential of "Global Market Study on Voice-Directed Warehousing Solutions: Implementation and Integration Services Segment to Showcase High Market Share by 2025 End".

Voice-Directed Warehousing Solutions Market: Increased Security and Real-Time Business Intelligence is Fueling the Growth of the Market

Voice-Directed Warehousing Solutions enable warehouse holders to manage their distribution centers with the help of voice-directed systems. These systems support two processes, namely speech recognition and speech synthesis.

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The operator is provided a headset and a voice terminal, and is guided through each step by voice commands with the help of speech recognition technology. The speech synthesis technology enables the system to understand a user's response. Voice-directed systems guide through all the locations and help the staff pick orders accurately, thereby reducing errors and increasing labor productivity.

Increased security and real-time business intelligence to drive the voice-directed warehousing solutions market

The voice-directed solutions for warehousing help warehouse holders to increase the security of staffs and orders. An authentication system is integrated within the voice picking system that provides secure access to the system and data. This feature increases the security of order list since no one else can hamper the list thereby enabling accurate deliveries by staff. The voice-directed warehousing solutions are also used by vendor to have real-time communications to experts in case of any emergency. However, complexity in creating and understanding the system as well as the high investment & time required are some of the major challenges that hamper the growth of the voice-directed warehousing solutions market.

The global voice-directed warehousing solutions market is categorized on the basis of components, industry, and region.

On the basis of components, the voice-directed warehousing solutions market is segmented into voice-directed warehousing platforms and services. The revenue contribution of the voice-directed warehousing solutions market from the voice-directed warehousing platform segment is expected to increase at a CAGR of 12.2% during the forecast period. The services segment is expected to register a CAGR of 13.8% during the forecast period.

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On the basis of industry, the voice-directed warehousing solutions market is segmented into electrical & electronics, food & beverage, pharmaceutical, e-commerce, retail tracking, logistics & transport, and others. Revenue contribution in the voice-directed warehousing solutions market from the retail segment is expected to increase at a CAGR of 13.8% during the forecast period.

voice directed warehousing solution market

North America and Europe are expected to maintain key positions in the voice-directed warehousing solutions market in the coming years.

Among key regional markets, SEA and others of APAC is projected to exhibit relatively higher growth in the global voice-directed warehousing solutions market with a CAGR of over 16.2% during the forecast period. Revenue from the voice-directed warehousing solutions market in North America and Europe is expected to collectively account for over 45% of the global voice-directed warehousing solutions market revenue in 2018. Key competitors in the voice-directed warehousing solutions market are Voxware, Inc.; Zebra Technologies Corporation; Zetes Industries SA; Dematic Corporation; Voiteq Ltd.; Honeywell International Inc. (Vocollect); Lucas Systems, Inc.; Ivanti Software Inc.; Business Computer Projects Ltd.; TopVox Corporation; Honeywell Intelligrated; and Symphony RetailAI.

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