Voice Biometrics Market - Global Industry Analysis, Trends, and Forecast 2017 - 2025

Albany, NY -- (SBWire) -- 03/23/2018 --Username and password no longer suffice as an acceptable level of security, which are being replaced by voice biometric authentication solutions. From phone systems to mobile application, these solutions are deployed as a means of secure authentication through simple and spoken passphrase. Voice, speech, pitch and range of an individual, based on vocal characteristics is utilized for voice recognition in biometrics. This is the only technology that requires no additional dedicated hardware such as fingerprint sensor or iris-scanning equipment, apart from microphone.

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Passwords can be easily hacked or tracked but voice of an individual is unique and distinct just like fingerprint. So it has great advantage over passwords, in terms of security. Password security can determine whether the user knows the correct password, whereas a card system can determine whether the user has viable access card but none of them determines that user entering the password or presenting a card is authorized to do so.

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The global voice biometric authentication solutions market has evolved through various advancements in software as well a hardware. Increase in adoption of mobile phones and smart devices is a key driver for the market growth. The proliferation of smartphones, wearable technology and tablets has grown exponentially worldwide. With this, the demand for advanced and specific secure solutions is also growing rapidly and are responsible for ramping up the demand of voice biometric authentication solutions.

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Biometrics used as a credentials can't be altered, so it ensures permanent aspect for gaining access. Furthermore, increasing adoption of biometric authentication in healthcare and banking sector, growing adoption of e-commerce services, security & public awareness for customers and cumulative government support. These drivers ensures fast growth of voice biometric authentication solutions market.