Discover the Global Voice Recognition Biometrics Market 2017-2021

MarketResearchReports.Biz has announced addition of new report “Global Voice Recognition Biometrics Market 2017-2021” to its database.

About Voice Recognition Biometrics

Voice recognition biometrics digitizes an individual’s voice to match it against a stored voiceprint template. Acoustic features of an individual’s voice such as pitch, cadence, and tone are compared to distinguish between individual voices. Voice verification systems require minimal hardware installation, as most PCs already have a microphone and can authenticate individuals remotely for different transactions. Voice recognition biometrics are most likely to be deployed in telephone-based environments.

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Technavios analysts forecast the global voice recognition biometrics market to grow at a CAGR of 19.36% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global voice recognition biometrics market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of voice recognition biometrics including voice receivers, voice recorders, modulators, voice recognition biometrics analyzing software, and databases. Report has also considered the revenue generated from hardware, software, and integrated voice recognition biometric solutions.

The market is divided into the following segments based on geography:

APAC

Europe

North America

South America

MEA

Technavio’s report, Global Voice Recognition Biometrics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

AGNITIO

Nuance Communications

VoiceTrust

VoiceVault

Other prominent vendors

Auraya Systems

M2SYS Technology

OneVault

VoiceIt Technologies

SayPay Technologies

Sensiple

Sensory

SpeechPro

SPITCH

VoicePIN.com

Uniphore

ValidSoft

Voice Biometrics Group (VBG)

Market driver

Rising prominence of voice recognition biometrics in BFSI sector

For a full, detailed list, view our report

Market challenge

Lack of accuracy

For a full, detailed list, view our report

Market trend

Introduction of voice recognition biometrics in automotive sector

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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