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Key Insights of Future Prospects of Voice Picking Headsets Market During 2017 - 2027

06-04-2018 02:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Key Insights of Future Prospects of Voice Picking Headsets

Global Voice Picking Headsets Market: Introduction

The global voice directed warehousing technology is facing extensive adoption in nearly all industry verticals, which is expected to be the primary factor driving the market growth for voice picking headsets market. The voice picking headsets market is anticipated to witness healthy double digit growth rates in near future. Voice picking headsets finds wide application in warehouses, where workers need to fulfill the orders of customers and therefore, need to pick items from correct shelves and pack them accordingly. As large production units, always need to store their manufactured goods in a way that they are easily accessible to their workers, these warehouses face a serious problem in storing goods. The advent of voice directed warehousing has made this easy as now the workers only need to put on the headsets and the central computer directs them to the proper shelf wherever the goods are placed. Thus the technology eliminates the need to bother about the storage of goods and the time wasted in searching for a particular item. Voice picking solutions make it a lot easier for workers to fulfill the requirement of its customers thereby enhancing their productivity and is expected to face wide adoption in near future.

Global Voice Picking Headsets Market: Market Dynamics

Increasing number of stock keeping units, integration of new technologies such as big data analytics, cloud technology and the numerous benefits provided by voice picking technology are the major factors driving the growth of the market. New technologies such as big data analytics can help automate the warehouse data collection and by applying analytics, quicken the processing of data. Also, cloud storage helps to store large amount of data easily on cloud and also highly increases the flexibility, as the data can be accessed from any location. In addition to this, the deployment of voice picking solutions the productivity is greatly enhanced and the same worker can fulfill much more orders than before. Also, it has been found that there is a sharp increase in accuracy to 99.7%, after implementation of voice directed solutions. So, with the increasing population, as the number of warehouses and stock keeping units increase, the market for voice picking headsets is anticipated to increase exponentially during the forecast period.

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However, budget constraints, high costs involved and lack of awareness are the primary reasons that can thwart the growth of Voice Picking Headsets market.

Global Voice Picking Headsets Market: Segmentation

Global Voice Picking Headsets market is segmented on the basis of end-user industry and region.

On the basis of end-user industry, the global Voice Picking Headsets market can be segmented into electrical & electronics, food & beverage, pharmaceutical, e-commerce, retail, tracking, logistics & transport and others.

Global Voice Picking Headsets Market: Competition Landscape

The key vendors in the global Voice Picking Headsets market are Voiteq Ltd., Zetes Industries SA, Honeywell International Inc. and ZIH Corp. Collaborating with other players and launching of advanced products in the voice picking headsets market is the key strategy followed by major market vendors to gain competitive edge.

Global Voice Picking Headsets Market: Regional Outlook

Regionally, the global Voice Picking Headsets market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

The North America is the largest contributor to Voice Picking Headsets market owing to high use of high focus on Research and Development (R&D) and integration of latest technologies in various devices. Asia Pacific is however anticipated to witness highest CAGR owing to increasing number of manufacturing industries in the region. North America, followed by Europe, is the second largest contributor to the market and is expected to witness moderate CAGR in near future.

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The North America is the largest contributor to Wireless Display market owing to high use of internet in the region with a high focus on innovations obtained from Research and Development (R&D). Asia Pacific is however anticipated to witness highest CAGR owing to increasing number of OTT-content providers. North America, followed by Europe, is the second largest contributor to the market and is expected to witness moderate CAGR in near future.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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