North America Market Statistics
North America in voice directed warehousing solutions market is set to hold more than 38.2% revenue share by 2037 owing to rapid expansion of e-commerce that demands more efficient warehouse management systems, the rising adoption of automation technologies, and presence of leading key players. Voxware for instance, has made remarkable progress in the North America market with its enhanced machine learning and predictive analysis capabilities that allow warehouses to update real-time handling of inventories and workflow optimization, maximizing productivity in operations. Beyond this, the pressure to optimize the workforce during labor shortages has led many organizations to install such solutions since they support hands-free operation and also increase the productivity of the workers.
The U.S. voice directed warehousing solutions market is driven by the pervasive adoption of technology and the consequent demands that are placed on logistics for improving the efficiency of the entire operation. Since e-commerce is becoming increasingly popular in the country, companies are increasingly implementing these solutions to optimize their supply chains and accommodate consumer demands effectively. For instance, In April 2022, the operators at Amazon announced to turn to voice-enabled warehousing practices to fill in the gaps as labor is short in supply and inventory growth is all-time high thus, according to predictions, within the next two years, 45% of warehouse operators will use mobile technologies like voice.
APAC Market Analysis
Asia Pacific is expanding remarkably in the voice directed warehousing solution, which is stimulated by rapid industrialization, urbanization, and fast-growing trends in e-commerce. The voice directed warehousing solutions market growth in China and India is high due to the increasing need for efficient supply chain management.
India is also making rapid strides in this space with players such as Flipkart and Delhivery increasingly implementing voice-directed solutions to streamline their logistics processes. The necessity of having orders fulfilled in a more precise manner and time has made voice directed technologies increasingly attractive, as they facilitate real-time communication and minimize pick errors. Moreover, smart technologies such as the Internet of Things and AI integration is the ability to add layers of more advanced voice-directed systems aimed at optimizing the handling of warehouse management.
China is at the forefront of global logistics, with a strong presence of manufacturing giants. JD.com, one of the country's leading e-commerce platform companies has been executing advanced voice recognition technology to heighten warehouse efficiency and accuracy. Utilizing voice-directed picking systems, JD.com has realized significant achievements in increasing the speed and accuracy of order fulfillment, reducing picking errors by as much as 30%.
Author Credits: Abhishek Verma
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