Wearable technology is no longer the next big leap, but it is already the present.
It is more rigorous and well received than what was mobile few years ago in the reigning era of computers.
1) 1960 – A Head-Mounted Television Display
Well, decades before the optically mounted VR headsets, a head mounted television display was discovered.
It was closely followed by a virtual reality simulator with the binocular display, handlebars, vibrating seat and stereophonic speakers.
The second was developed in 1962.
A voice-directed warehousing means utilization of the speech recognition and voice direction software in distribution centres and warehouses.
A worker has to put on a headset linked to a pocket-size or wearable computer that states the worker what to do and where to go by means of vocal prompts.
The workers then affirm their jobs by verbalizing reading confirmation codes and pre-defined commands written on products or locations all through the warehouse.
The software functioning on the wearable computer interprets the worker's reactions.
A voice-directed warehousing solution is generally utilized rather than a mobile computer or paper-based method which requires workers to interpret instructions as well as key-enter information or scan barcodes to verify their tasks.The global voice-directed warehousing solutions market is predicted to expand at a higher rate by exhibiting a 14.4% CAGR over the predicted period and is predicted to account for a valuation in excess of US$ 2,500 Million through 2025.Request For Report Sample: https://www.researchreportinsights.com/report/sample/110114993/Voice-Directed-Warehousing-Solutions-MarketMarket SegmentationBy component type, the overall market is segmented into services (implementation & integration and consulting) and voice-directed warehousing platform.
The voice-directed warehousing platform is predicted to remain the biggest market regarding market share.
A voice-directed warehousing means utilization of the speech recognition and voice direction software in distribution centres and warehouses. A worker has to put on a headset linked to a pocket-size or wearable computer that states the worker what to do and where to go by means of vocal prompts. The workers then affirm their jobs by verbalizing reading confirmation codes and pre-defined commands written on products or locations all through the warehouse. The software functioning on the wearable computer interprets the worker's reactions. A voice-directed warehousing solution is generally utilized rather than a mobile computer or paper-based method which requires workers to interpret instructions as well as key-enter information or scan barcodes to verify their tasks.
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The global voice-directed warehousing solutions market is predicted to expand at a higher rate by exhibiting a 14.4% CAGR over the predicted period and is predicted to account for a valuation in excess of US$ 2,500 Million through 2025.
Market Segmentation
By component type, the overall market is segmented into services (implementation & integration and consulting) and voice-directed warehousing platform. The voice-directed warehousing platform is predicted to remain the biggest market regarding market share. Although, the services segment will be recording a high 15% CAGR in value terms for the duration of the predicted period.
By industry type, the worldwide market is segmented as food and beverage, electrical and electronics, e-commerce, pharmaceutical, tracking, logistics and transport, retail and others. The retail segment is predicted to account for around US$ 866 Million in value terms through 2025 end projecting to expand at a moderately quicker rate to record a 15.7% CAGR all through the predicted period.
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The worldwide market on the basis of the region is assessed across Europe, Latin America, Asia Pacific, North America and Middle East & Africa. APAC region is predicted to be dominating the market globally in the said period. The region is predicted to account for a market valuation in excess of US$ 985 Million through the end of the eight-year projection period and is predicted to grow at a high 16.3% CAGR for the duration of the predicted period of 2025.
Key Market Players
The key players effective in the worldwide market voice-directed warehousing solutions includes, Dematic Corporation, Honeywell International Inc. (Vocollect), TopVox Corporation, Voiteq Ltd., Speech Interface Design Inc., Lucas Systems Inc., Zebra Technologies Corporation , Voxware Inc., Zetes Industries S.A., Honeywell Intelligrated, Business Computer Projects Ltd. and Ivanti Software Inc.. Other players functional in the overall market includes Symphony EYC Solution UK Ltd., HighJump Software Inc., BEC (Systems Integration) Ltd., Blue Horseshoe Solutions, Inc., Ehrhardt + Partner Group (TopVox Corporation) and Proteus Software Ltd.
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Technological innovations such as Wearable app development in Healthcare is bringing about the change in diagnosis and treatment, as well as patient monitoring.
Another reason is that people have become much more aware of their health and are willing to utilize wearables in their everyday lives.
Factors Leading to the Rise of Medical Wearables
Increasing number of smart devices and connected world via IoT
Increased awareness about health and well being
Integration of sensors into consumer devices
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The forward-thinkers are reaping the advantages and gaining an extra edge with wearable app development.
Automation leads to a faster and better decision that can even save someone’s life.
The emergence of a wearable payment solution is also an answer to the secure payment challenge with biometric authorization and the transfer of limited data.
The device that’s constantly attached on the user’s body precisely collects the granular data such as in-store shopping frequency, user’s likes, browsing behavior, average ticket size, and dollar value per item.
The desk-less worker in the supply chain doesn’t enjoy the luxury of sitting in front of a computer the whole day and cannot carry the tablet strapped on the chest to access, manipulate, and share the data.
When the predictive analytics completely based on automated data capturing, then identifying the inefficiencies in the ERP will become easier and a lot of time and effort of the workers can be saved.
The global flexible electronics market was USD 20,850.0 million in 2015, which is estimated to reach USD 87,210.0 million by 2024, according to a new report by Grand View Research, Inc.
Flexible batteries, displays, memories are a few products realized with the adoption of this technology.
The technology provides ample opportunities in the area of smart textiles, which is the future of wearable’s.
Government support in the form of funding that lends a helping hand to several research projects in this field is also anticipated to impact the industry growth positively.Healthy demand for smart glasses, e-books, smartphones, smart watches, and e-papers is expected to catapult market growth over the next eight years.
The technology facilitates electronic systems to be stretched, rolled, and flexed, minimizing design issues associated while developing compact, portable and miniature devices.
The style and functionality of wearable devices is anticipated to witness a transition over the next eight years with companies such as Samsung, Apple, Nike and Google investing heavily in this segment, thereby providing avenues for discovering novel applications incorporating this technology.Further key findings from the report suggest:The consumer electronics segment accounted for over 55% of the overall revenue in 2015.
