A market report from Tern Systems, Inc. projects a compounded annual growth rate of 22.6% for the Voice Technology market between 2010 and 2015. This is being driven by the recognition that ROI payback periods are extremely short, based on improvements in productivity and accuracy that are achieved with VSC, the report’s authors say.
They acknowledge that the Voice Technology market is at a very early stage, and that its penetration in distribution centers is approximately 8%.
“Voice Technology in the Supply Chain: Markets, Products & Suppliers 2011” analyzes the market from 2008 through 2015. It breaks down the market segments to provide detailed market data from a number of key perspectives:
• Voice picking compared to other picking approaches (workstations shipped and installed base),
• end-user revenue,
• work-station shipments and installed base,
• site shipments and installed base,
• VSC by warehouse size,
• Workstation shipments/installed base by type (dedicated/proprietary, multi-modal, IP telephone)
• vertical industry (3PL, Consumer goods, Food/Beverage Distribution, Grocery Chains, Restaurants/ Convenience stores, Healthcare/ pharmaceutical Distribution)
• application (voice picking vs other voice applications)
• geographic penetration,
• distribution channel,
• type (expansion, greenfield or replacement)
A breakdown of the value chain is presented for the period 2008 through 2015.
The distribution warehouse market is categorized by size of warehouse as well as the average number of workers per warehouse. The report also includes a compilation of all of the active Voice Technology in the Supply Chain patents that have been issued by the USPTO.
To request the report, contact Walt Tetschner at [email protected] or call 978-266-1966.