Voice Biometrics Market Insights, Outlook, Industry Analysis, Share, Trends, Applications, Types and Forecasts 2027

 

Voice Biometrics Market

A surge in urbanization, an increasing number of cyberattacks, and the emergence of technologies such as machine learning and artificial intelligence is driving the market demand.

The report offers insightful data and information gathered from a wide range of primary and secondary sources. Furthermore, the report, which has been scrutinized using various essential tools, provides a clear image of the growth potential of the market over the forecast timeframe and helps investors identify market scope and opportunities accurately. The latest report analysis is also inclusive of the details pertaining to each of the market segments in the global Voice Biometrics market.

The global Voice Biometrics Market is forecasted to be worth USD 4.90 Billion by 2027, according to a new report by Emergen Research. 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.

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.

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Competitive Landscape:

The report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis. The in-depth report on the Voice Biometrics market, along with details on import/export, consumption and production rate, demand and supply dynamics, competitive landscape benchmarking, market share, and other key elements, strives to offer the reader a complete crystal clear understanding of the Voice Biometrics business sphere.

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

Radical Highlights of the Voice Biometrics Market Report:

·         Study of the latest product launches and technological advancements to help the readers in formulating investment strategies

·         Focus on market scenario, dynamics, and trends to be expected in the coming years

·         Advanced analytical tools such as Porter’s Five Forces analysis, SWOT analysis, feasibility analysis, and investment return analysis

·         Thorough regional analysis to offer insights into production and consumption patterns, supply and demand ratio, market size, revenue contrition, and the presence of prominent players

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Geographical Terrain of the Global Voice Biometrics Market:

·         North America (U.S., Canada, and Mexico)

·         Europe (Germany, France, the U.K, Russia, and Italy)

·         Asia Pacific (China, Japan, Korea, India, and Southeast Asia)

·         Latin America (Brazil, Argentina, Colombia, etc.)

·         Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

The research offers a bird’s eye view of the current market scenario regarding the operations of the leading companies in the Voice Biometrics market. The report presents an extensive analysis of the leading players with regards to their business portfolio, product portfolio, market share and size, global reach and position, revenue share, gross profit margins, and production and manufacturing capacity.

Voice Biometrics Market Segmentation:

For imparting a clear understanding, the market is segmented on the basis of types, applications, and key geographical regions.

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

o    Software

o    Services

1.      Professional Services

§  Training and Education

§  Consulting

§  Support and Maintenance

§  Deployment and Integration

2.      Managed Services

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

o    Passive Voice Biometrics

o    Active Voice Biometrics

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

o    Fraud Detection and Prevention

o    Access Control and Authentication

o    Forensic Voice Analysis and Criminal Investigation

o    Other

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

o    Large Enterprises

o    Small and Medium-Sized Enterprises

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

o    Cloud

o    On-Premises

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Highlights of the TOC: 

1. Report Overview 
1.1 Research Scope
1.2 Key Voice Biometrics market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline

2. Global Growth Trends 
2.1 Global Voice Biometrics market size
2.2 Latest Voice Biometrics market trends
2.3 Key growth trends

3. Competitive Landscape 
3.1 Global Voice Biometrics market key players
3.2 Global Voice Biometrics size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Voice Biometrics market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances

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