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Voice Biometrics Market Analysis and Country Forecast to 2027

Unknown     05/09/2022 05:10:43    21    Share

The Global Voice Biometrics Market Report offers extensive knowledge and information about the Voice Biometrics Market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the Voice Biometrics Market further validated and verified by the industry experts and professionals. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

The market is witnessing high demand owing to the rise in advancement in software and hardware. Rapid urbanization and adoption of digital technology in industries like Telecommunications and IT, BFSI, Government, and Defense will drive the demand for the voice biometric. The proliferation of digital devices in everyday activities has created a need for advanced protection solutions. Some of the commonly used biometric technology are radio networks, mobile phones and landlines, virtual private networks, voice over IP networks, and microphones. Voice biometric is gaining traction owing to the high level of security they provide. They can be deployed in the mobile application as they provide safe authentication by means of a spoken password or passphrase. Voice biometric uses pitch, speech, range, and voice quality of a particular individual to permit usage. The Government sector is witnessing a significant demand for voice biometrics as most of the government are modernizing their facilities, which is creating a demand for the market. Moreover, the government uses biometric to maintain confidentiality in matters of internal affairs.

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Regional Analysis - The research report is an investigative study providing a conclusive view of the Voice Biometrics  business sphere by an in-depth segmentation of the market into key applications, types, and regions. These segments are analyzed on the basis of present, emerging, and future trends. The regional segmentation provides current and forecast demand estimation for the Voice Biometrics  industry in key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

North America held the largest market share of voice biometrics. The region is prone to several sophisticated cyber-attacks owing to the presence of influential financial sectors, tech companies, and the profitable telecommunication industry. There is a high demand for efficient technology for the protection of their data and financial information.

Key participants include Verint, Nuance Communications, Pindrop, Acculab, NICE, Phonexia, Auraya, VoicePIN, LumenVox, and SESTEK, among others.

Key questions addressed in the report:

What are the key factors driving the global Voice Biometrics market?

Who are the key manufacturers in this market space?

Who are the distributors, traders and dealers of this market?

What are the market opportunities and risks affecting the performance of the vendors in the global Voice Biometrics market?

What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

For the purpose of this report, Emergen Research has segmented into the global Voice Biometrics Market on the basis of component, type, application, organization size, deployment type, industry vertical, and region:

Component Outlook (Revenue, USD Billion; 2017-2027)



Professional ServicesTraining and Education


Support and Maintenance

Deployment and Integration

Managed Services

Type Outlook (Revenue, USD Billion; 2017-2027)

  Passive Voice Biometrics

  Active Voice Biometrics

Application Outlook (Revenue, USD Billion; 2017-2027)

  Fraud Detection and Prevention

  Access Control and Authentication

  Forensic Voice Analysis and Criminal Investigation

  Other

Organization Size Outlook (Revenue, USD Billion; 2017-2027)

  Large Enterprises

  Small and Medium-Sized Enterprises

Deployment Type Outlook (Revenue, USD Billion; 2017-2027)

  Cloud

  On-Premises

Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)

  Retail and eCommerce

  Government and Defense


   Tags: Voice Biometrics Market

   IDs: 2480

   Titles: Voice Biometrics Market Analysis and Country Forecast to 2027

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