Global Voice Biometrics Market Analysis 2019 Which is Expected to Rise 22.3% by 2026 - ResearchAndMarkets.com
The "Global Voice Biometrics Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.
The "Global Voice Biometrics Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.
The Global Voice Biometrics market is expected to reach $3995.2 million by 2026 growing at a CAGR of 22.3% during 2018 to 2026. Voice biometrics is utilized for voice recognition through analysis of an individual's pitch, speech, voice and tone. In terms of security, it has a great benefit over passwords, as a password can be easily tracked or hacked; voice of an individual is as distinctive and unique as a fingerprint. Growing demand for robust fraud detection and increasing the popularity among various sectors are some of the factors fueling the market growth. However, high cost and security issues are restraining the market growth.
Based on Component, the software segment is witnessing significant growth due to the increasing adoption, need for easy, faster, convenient user authentication and rising number of online transactions and fraudulent activities are some of the factors driving the market.
Deployment Models Covered:
- On-Premises
- Cloud
Types Covered:
- Passive Voice Biometrics
- Active Voice Biometrics
Components Covered:
- Services
- Software
Organization Sizes Covered:
- Large Enterprises
- Small and Medium-Sized Enterprises
Applications Covered:
- Fraud Detection and Prevention
- Forensic Voice Analysis and Criminal Investigation
- Access Control and Authentication
- Other Applications
End Users Covered:
- Retail and eCommerce
- Government and Defense
- Healthcare
- Banking, Financial Services, and Insurance
- Telecommunications and IT
- Other End Users
Regions Covered:
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Key Questions Answered in this Report:
- How this market evolved since the year 2016
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analysed during the forecast period
Key Topics Covered:
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Voice Biometrics Market, By Deployment Model
5.1 Introduction
5.2 On-Premises
5.3 Cloud
6 Global Voice Biometrics Market, By Type
6.1 Introduction
6.2 Passive Voice Biometrics
6.3 Active Voice Biometrics
7 Global Voice Biometrics Market, By Component
7.1 Introduction
7.2 Services
7.3 Software
8 Global Voice Biometrics Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small and Medium-Sized Enterprises
9 Global Voice Biometrics Market, By Application
9.1 Introduction
9.2 Fraud Detection and Prevention
9.3 Forensic Voice Analysis and Criminal Investigation
9.4 Access Control and Authentication
9.5 Other Applications
10 Global Voice Biometrics Market, By End User
10.1 Introduction
10.2 Retail and E-Commerce
10.3 Government and Defense
10.4 Healthcare
10.5 Banking, Financial Services, and Insurance
10.6 Telecommunications and IT
10.7 Other End Users
11 Global Voice Biometrics Market, By Geography
11.1 North America
11.2 Europe
11.3 Asia Pacific
11.4 South America
11.5 Middle East & Africa
12 Strategic Benchmarking
13 Vendors Landscape
13.1 Nuance Communications
13.2 Verint
13.3 Uniphore
13.4 Phonexia
13.5 Aculab
13.6 VoicePIN
13.7 LumenVox
13.8 SESTEK
13.9 OneVault
For more information about this report visit https://www.researchandmarkets.com/r/zccj1w
View source version on businesswire.com: https://www.businesswire.com/news/home/20190705005134/en/