Voice-Directed Warehousing Solutions Market Segmentation (By Components - Voice-Directed Warehousing Platform, Services, Consulting, Implementation & Integration; By Industry - Electrical & Electronics, Food & Beverage, Pharmaceutical, E-Commerce, Retail, Tracking, Logistics, & Transport, Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2026

Report Synopsis

Persistence Market Research offers a 4-year trend analysis for 2013 to 2017 and 8-year forecast for the voice-directed warehousing solutions market between 2018 and 2026. In terms of value, the voice-directed warehousing solutions market is expected to register a CAGR of 12.6% during forecast period. This study demonstrates the voice-directed warehousing solutions market dynamics and trends globally across five regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa, which influence the current nature and future status of the voice-directed warehousing solutions market over the forecast period.   

Report Description

This research report provides a detailed analysis of the voice-directed warehousing solutions market and offers insights on the various factors driving the popularity of these systems. The voice-directed warehousing solutions market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. It segregates the global voice-directed warehousing solutions market 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 services segment is subdivided into consulting services and implementation & integration. The voice-directed warehousing solutions market is anticipated to witness high revenue growth during the forecast period as it provides greater efficiency as compared to traditional methods and better security & real-time business intelligence.

The report starts with an overview of the global voice-directed warehousing solutions market in terms of value. In addition, this section includes an analysis of factors, opportunity analysis, and technology trends that are influencing the voice-directed warehousing solutions market. Impact analysis of key growth drivers & restraints based on the weighted average model and PMR analysis & recommendations are included in this voice-directed warehousing solutions market report to facilitate clients with crystal clear decision-making insights.

The global voice-directed warehousing solutions market is classified on the basis of component, industry and region. On the basis of components, the voice-directed warehousing solutions market is segmented into voice-directed warehousing platforms and services. The services segment is subdivided into consulting services and implementation & integration. The voice-directed warehousing platform accounted for the highest market share in 2017. On the basis of industry, the voice-directed warehousing solutions market is segmented into electrical & electronics, food & beverages, pharmaceuticals, e-commerce, retail tracking, logistics & transport, and others. The retail segment accounted for the high market share in 2017.

A detailed analysis has been provided for every segment in terms of market size analysis for voice-directed warehousing solutions across different regions. Each section provides a detailed analysis that covers key drivers, restraints, and trends, as well as key regulations of the voice-directed warehousing solutions in the region. This section also highlights the market presence (intensity map) for key representative market participants.

The next section contains a detailed analysis of the voice-directed warehousing solutions market across various countries in the region. It provides a market outlook for 2018–2026 and sets the forecast within the context of the voice-directed warehousing solutions, which include latest technological developments as well as service offerings in the market. This study discusses key trends within countries contributing to the growth of the voice-directed warehousing solutions market as well as analyses the degree at which drivers are influencing this market in each region. Key regions and countries assessed in this report include North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

This report evaluates historical trends, the present scenario, and the growth prospects of the voice-directed warehousing solutions market across various regions globally for the period 2018 –2026. We have considered 2017 as the base year and provided data for the remaining 12 months.

To calculate the size of the global voice-directed warehousing solutions market, we have considered the country-wise rate of adoption of voice-directed warehousing solutions across different verticals. Further, we have also analyzed the revenue contribution from voice-directed warehousing solutions players. The forecast presented assesses the total revenue by value across the market. To offer an accurate forecast, we started by sizing the current market, which forms the basis of how the voice-directed warehousing solutions market will develop in the future. Given the characteristics of the voice-directed warehousing solutions market, we have triangulated the outcome of different types of analyses based on adoption trends.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities across the market.

As previously highlighted, the global voice-directed warehousing solutions market is split into a number of segments. This detailed level of information is important for the identification of various key trends in the global voice-directed warehousing solutions market.

In the final section of the report, we have included a competitive landscape to provide clients a dashboard view based on categories of providers in the value chain, their presence in the portfolio of voice-directed warehousing solutions, and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment in the voice-directed warehousing solutions value chain and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors of voice-directed warehousing solutions based on in-depth assessment of capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings, and recent developments in the voice-directed warehousing solutions market space. 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.

Key Segments Covered:

• By Components
  • Voice-Directed Warehousing Platform
  • Services
    • Consulting
    • Implementation & Integration
• By Industry
  • Electrical & Electronics
  • Food & Beverage
  • Pharmaceutical
  • E-Commerce
  • Retail
  • Tracking, Logistics, & Transport
  • Others
• By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Key Regions covered:

• North America

• • U.S.
  • Canada

• Latin America

• • Brazil
  • Mexico
  • Rest of Latin America

• Europe

• • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Poland
  • Russia
  • Rest of Europe

• APAC

• • China
  • Japan
  • ASEAN
  • India
  • Australia & New Zealand

• Rest of Asia Pacific

• MEA

• • GCC Countries
  • Northern Africa
  • South Africa
  • Turkey
  • Rest of Middle East and Africa

Key Companies

• 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
• Symphony RetailAI

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. 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.  

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.

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.

Company Profiles

• Prominent Players
  • Honeywell International Inc. (Vocollect)
  • Dematic Corporation
  • Voiteq Ltd.
  • TopVox Corporation (Ehrhardt + Partner Solutions Inc.)
  • Lucas Systems Inc.
  • Speech Interface Design Inc.
  • Voxware, Inc.
  • Zebra Technologies Corporation
  • Honeywell Intelligrated
  • Zetes Industries S.A.
  • Ivanti Software Inc.
  • Business Computer Projects Ltd.
  • Symphony EYC Solution UK Ltd.
• Other Players
  • HighJump Software Inc.
  • Blue Horseshoe Solutions, Inc.
  • BEC (Systems Integration) Ltd.
  • Proteus Software Ltd.