Reports and Data

Voice Biometrics Market Expected to Grow at CAGR 22.0 % and Forecast to 2027 by Top Players Google, Facebook, Amazon, Apple, Nuance Communications

Voice Biometrics Market is projected to grow at a CAGR of 22.0% from USD 983.4 million in 2019 to USD 4.83 billion in 2027

 

New York, NY -- (SBWIRE) -- 12/04/2020 -- Reports and Data's latest study, titled 'Voice Biometrics Market, ' sheds light on the crucial aspects of the global Voice Biometrics market. The report aims to help readers accurately estimate the global market growth rate over the forecast period (2019-2027). Our market research team has meticulously performed quantitative and qualitative assessments of the Voice Biometrics market dynamics, considering a slew of factors, including market penetration, product portfolios, end-user industries, pricing structure, and the key drivers, constraints, opportunities, and challenges predominantly affecting market growth. The latest market study broadly segments the industry based on the product type range, application gamut, end-use industry, key regions, and the competitive background. One of the central components of the report is a detailed explanation of the gross profits, revenue shares, sales volume, manufacturing costs, individual growth rate, and the financial standing of the leading market players. The developmental scope of the Voice Biometrics market's new entrants and established companies has also been emphasized in the report.

The latest report is inclusive of an extensive coverage of the significant impact of the COVID-19 pandemic on the Voice Biometrics business sector. The coronavirus outbreak has drastically impacted the global economic landscape, and consequently, this particular business vertical. Therefore, the report provides the reader with a clear concept of the current scenario of this business vertical, estimating its COVID-19 aftereffects.

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Competitive Terrain:

The global Voice Biometrics market is highly consolidated due to the presence of numerous companies operating across this industry. The report depicts the current market standing of these companies, their past performances, demand and supply graphs, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market. The leading market contenders listed in the report are:

Google, Facebook, Amazon, Apple, Nuance Communications, NICE, AimBrain, Voice Biometrics Group, Verint, OneVault, LumenVox, Phonexia, Uniphore, VoicePIN, Auraya, LexisNexis Risk Solutions Sestek, VoiceVault, Inc, Raytheon Company.

For the purpose of this report, Reports and Data has segmented the Voice Biometrics market on the basis of Application, component type, deployment type, size type, end user industry and region:

Application (Revenue in USD Million; 2016–2027)

Forensic Voice Analysis
Access Security
Authentication and Fraud detection
Customer Verification
Payments
Transaction Processing
Speech enabled password reset
Others (Vocal Passphrase etc.)

Component type (Revenue in USD Million; 2016–2027)

Software
Services

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Deployment type (Revenue in USD Million; 2016–2027)

On-Premises
Cloud
Size type (Revenue in USD Million; 2016–2027)

Large Enterprises
Small and Medium Scale Enterprises
Geographical Scenario:

In this section of the report, market analysts have provided valuable insights into the geographical segmentation of the Voice Biometrics market. They have further estimated the current and future market valuations on the basis of the demand-supply dynamics and pricing structure of the leading regional segments. Moreover, the growth prospects of each regional segment have been meticulously extensively discussed in the report.

The global Voice Biometrics market is classified into the following regions:

North America (the U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (the U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
The Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

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Highlights of the Table of Contents:

Report Overview

1.1 Research Scope
1.2 Key Voice Biometrics market segments
1.3 Target players
1.4 Market analysis by type
1.5 Market analysis by application
1.6 Key learning objectives
1.7 Report timeline

Global Growth Trends

2.1 Global Voice Biometrics market size
2.2 Latest trends of the Voice Biometrics market by region
2.3 Key corporate trends

Voice Biometrics Market shares of the key players

3.1 Global Voice Biometrics size by manufacturers
3.2 Global Voice Biometrics market key players
3.3 Products/solutions/services of major players
3.4 New entrants in the Voice Biometrics market
3.5 Mergers, acquisitions, joint ventures, and expansion plans

Voice Biometrics Market by product segmentation

4.1 Global Voice Biometrics Sales by Product
4.2 Global Voice Biometrics by Product Revenue

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