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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.

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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.

February 12
13:10 2021
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.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a recent report published by Grand View Research Inc., the rise in online deliveries and surge in distribution channels is expected to impel the market growth in the coming period. Moreover, high adoption of voice assistance by e-commerce organizations is likely to result in a significant market development in the forthcoming years.

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.

Asia Pacific voice picking solution market size, by component, 2014 - 2025 (USD Million)

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

Have Any Query? Ask Our Experts for More Details on Report:https://www.grandviewresearch.com/inquiry/6660/ibb

Browse Related Report @

Voice And Speech Recognition Software Market – https://www.grandviewresearch.com/industry-analysis/voice-speech-recognition-software-market

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About Grand View Research

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.

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