Market Overview:
The global voice-directed warehousing solutions market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for voice-directed warehousing platforms and services from various end-use industries, such as electrical & electronics, food & beverage, pharmaceuticals, ecommerce, retail, tracking & logistics and transport. Additionally, the growing trend of online shopping is also contributing significantly to the growth of this market. However, lack of awareness about voice-directed warehousing solutions among end users may restrain the growth of this market during the forecast period.
Product Definition:
Voice-directed warehousing solutions is a technology that uses voice recognition software to direct workers in a warehouse or distribution center. The software understands and interprets natural language, allowing workers to speak directly to the system to receive instructions on where they should be working and what they should be doing. Voice-directed warehousing solutions are important because they improve worker productivity and accuracy by eliminating the need for manual tasks such as reading from a pick list or scanning barcodes.
Voice-Directed Warehousing Platform:
Voice-directed warehousing platform is a cloud-based software system that enables warehouse operators to control their voice assistants such as Amazon's Alexa and Google Home. The software uses the natural language processing technology to direct the voice commands to move, pick, and transport goods within the warehouse. It also helps in tracking inventory levels and monitoring customer service requests from one central location using mobile devices or computers connected over a network.
Services:
The services are used in voice-directed warehousing solutions to provide information related to the products stored in the warehouse. It is a service that helps users with search and retrieval of information from warehouses through voice commands. The solution includes an application programming interface (API) that allows integration between applications and services, such as between a customer relationship management system and warehouse management system or enterprise resource planning systems.
Application Insights:
The others application segment includes the use of VDW for travel, retail and media. The e-commerce industry is one of the prominent users of voice-directed warehouse solutions as it helps in reducing labor costs and provides accurate information about products stored at a specific location. Moreover, technological advancements such as machine learning algorithms that enable warehouses to optimize storage space by using data collected through sensors are expected to drive demand over the forecast period.
The food & beverage industry is also anticipated to witness significant growth owing to increasing consumerism in emerging countries such as India, China, Brazil and Mexico which has resulted in increased consumption of food & beverages across the globe. Furthermore, rising investments by foreign players operating within the market are expected to boost demand over next eight years. For instance; In April 2017; PepsiCo.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to several factors such as increasing adoption of advanced technologies, high internet penetration, and rising demand for on-demand services. Moreover, growing e-commerce industry is further expected to drive regional market growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing investments by prominent players in developing countries like India and China for deploying voice-directed warehouse solutions based on artificial intelligence (AI). Furthermore, improving internet infrastructure along with rapid urbanization has led retailers across these countries adopt online shopping platforms thereby driving regional market development.
Growth Factors:
- Increasing demand for voice-directed warehousing solutions from small and medium businesses (SMBs) due to the benefits of increased efficiency and productivity.
- The growing popularity of voice-directed warehousing solutions among large enterprises, as they offer a more efficient way to manage inventory and improve order accuracy.
- The increasing demand for voice-directed warehousing solutions from ecommerce companies as they help speed up the fulfillment process.
- The rising trend of using robots for warehouse automation, which is driving the need for voice-directed warehousing solutions that can work in conjunction with robots to improve efficiency and accuracy.
Scope Of The Report
Report Attributes
Report Details
Report Title
Voice-Directed Warehousing Solutions Market Research Report
By Type
Voice-Directed Warehousing Platform, Services
By Application
Electrical & Electronics, Food & Beverage, Pharmaceutical, E-Commerce, Retail, Tracking, Logistics, & Transport, Others
By Companies
Honeywell, Dematic, Voiteq Ltd, Ehrhardt + Partner Group, Zebra Technologies, Lucas Systems, Speech Interface Design, Voxware, Zetes Industries, Ivanti, Business Computer Projects, Symphony EYC Solution
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Voice-Directed Warehousing Solutions Market Report Segments:
The global Voice-Directed Warehousing Solutions market is segmented on the basis of:
Types
Voice-Directed Warehousing Platform, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electrical & Electronics, Food & Beverage, Pharmaceutical, E-Commerce, Retail, Tracking, Logistics, & Transport, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- Dematic
- Voiteq Ltd
- Ehrhardt + Partner Group
- Zebra Technologies
- Lucas Systems
- Speech Interface Design
- Voxware
- Zetes Industries
- Ivanti
- Business Computer Projects
- Symphony EYC Solution
Highlights of The Voice-Directed Warehousing Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Voice-Directed Warehousing Platform
- Services
- By Application:
- Electrical & Electronics
- Food & Beverage
- Pharmaceutical
- E-Commerce
- Retail
- Tracking, Logistics, & Transport
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Voice-Directed Warehousing Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Voice-directed warehousing solutions are a type of warehouse management system that allow users to interact with the system through voice commands. This allows users to more easily navigate the system and make changes without having to use keyboard or mouse input.
Some of the major companies in the voice-directed warehousing solutions market are Honeywell, Dematic, Voiteq Ltd, Ehrhardt + Partner Group, Zebra Technologies, Lucas Systems, Speech Interface Design, Voxware, Zetes Industries, Ivanti, Business Computer Projects, Symphony EYC Solution.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Voice-Directed Warehousing Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Voice-Directed Warehousing Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Voice-Directed Warehousing Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Voice-Directed Warehousing Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Voice-Directed Warehousing Solutions Market Size & Forecast, 2020-2028
4.5.1 Voice-Directed Warehousing Solutions Market Size and Y-o-Y Growth
4.5.2 Voice-Directed Warehousing Solutions Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Voice-Directed Warehousing Platform
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electrical & Electronics
6.2.2 Food & Beverage
6.2.3 Pharmaceutical
6.2.4 E-Commerce
6.2.5 Retail
6.2.6 Tracking
6.2.7 Logistics
6.2.8 & Transport
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Voice-Directed Warehousing Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Voice-Directed Warehousing Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Voice-Directed Warehousing Platform
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electrical & Electronics
9.10.2 Food & Beverage
9.10.3 Pharmaceutical
9.10.4 E-Commerce
9.10.5 Retail
9.10.6 Tracking
9.10.7 Logistics
9.10.8 & Transport
9.10.9 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Voice-Directed Warehousing Platform
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electrical & Electronics
10.10.2 Food & Beverage
10.10.3 Pharmaceutical
10.10.4 E-Commerce
10.10.5 Retail
10.10.6 Tracking
10.10.7 Logistics
10.10.8 & Transport
10.10.9 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Voice-Directed Warehousing Platform
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electrical & Electronics
11.10.2 Food & Beverage
11.10.3 Pharmaceutical
11.10.4 E-Commerce
11.10.5 Retail
11.10.6 Tracking
11.10.7 Logistics
11.10.8 & Transport
11.10.9 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Voice-Directed Warehousing Platform
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electrical & Electronics
12.10.2 Food & Beverage
12.10.3 Pharmaceutical
12.10.4 E-Commerce
12.10.5 Retail
12.10.6 Tracking
12.10.7 Logistics
12.10.8 & Transport
12.10.9 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Voice-Directed Warehousing Platform
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electrical & Electronics
13.10.2 Food & Beverage
13.10.3 Pharmaceutical
13.10.4 E-Commerce
13.10.5 Retail
13.10.6 Tracking
13.10.7 Logistics
13.10.8 & Transport
13.10.9 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Voice-Directed Warehousing Solutions Market: Competitive Dashboard
14.2 Global Voice-Directed Warehousing Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Dematic
14.3.3 Voiteq Ltd
14.3.4 Ehrhardt + Partner Group
14.3.5 Zebra Technologies
14.3.6 Lucas Systems
14.3.7 Speech Interface Design
14.3.8 Voxware
14.3.9 Zetes Industries
14.3.10 Ivanti
14.3.11 Business Computer Projects
14.3.12 Symphony EYC Solution
