Vancouver, BC -- (SBWIRE) -- 03/04/2021 -- 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. The proliferation of digital devices in everyday activities has created a need for advanced protection solutions. Some of the commonly used biometric technology are radio networks, mobile phones and landlines, virtual private networks, voice over IP networks, and microphones.

All of the segments studied in the research study are analyzed on the basis of BPS, market share, revenue, and other important factors. Our research study shows how different segments are contributing to the growth of the global Voice Biometrics market. It also provides information on key trends related to the segments included in the report. This helps market players to concentrate on high-growth areas of the global Voice Biometrics market. The research study also offers separate analysis on the segments on the basis of absolute dollar opportunity.

You Can Download Free Sample PDF Copy of Voice Biometrics Market at https://www.emergenresearch.com/request-sample/159

Here are the questions we answer...
What are the future opportunities in store for the vendors operating in the Voice Biometrics market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Voice Biometrics market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Voice Biometrics market growth worldwide?

The report on the Voice Biometrics market gives an in-depth statistical analysis to examine the fastest growing sectors in the market while speculating the demand and supply, consumption power, spending capacity and distribution channel globally. The report identifies the overall growth in the import and export and derives the future trends that the industry might witness. The study also applies primary and secondary research methods to assess the annual and financial performance of the top vendors and insights from market leaders.

The researcher also discusses the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Voice Biometrics market for the forecast period from 2020 to 2027. The report will empower companies to understand the opportunities, adapt to their consumer demands, needs, and concentrate on their best end-users.

Get access to FREE Sample PDF Copy of Voice Biometrics Market at https://www.emergenresearch.com/request-sample/159

Key Highlights From The Report
LumenVox, in January 2020, launched an advanced suite of voice biometric authentication technologies, naming them Version 8. This technology implements AI and biometrics to authenticate customer-agent interaction.
The Access Control and Authentication dominated the market for voice biometrics. The high level of awareness among organizations regarding the confidentiality of their data and the need to protect from malware targeted cyber-attacks while using cloud computing services will drive the segment's demand.
The cloud deployment type held the largest market share of 57.4% in the year 2019. The benefits provided by cloud-like data accessibility, quick implementation, lower cost, and 24x7 availability will foster the demand for voice biometrics.
Large Enterprises are rapidly adopting biometric voice technology as they recognize the importance of technology. Several BFSI giants have started to deploy in their security infrastructure as they deem it necessary.
The Government sector is witnessing a significant demand for voice biometrics as most of the government are modernizing their facilities, which is creating a demand for the market. Moreover, the government uses biometric to maintain confidentiality in matters of internal affairs.
North America held the largest market share of voice biometrics. The region is prone to several sophisticated cyber-attacks owing to the presence of influential financial sectors, tech companies, and the profitable telecommunication industry. There is a high demand for efficient technology for the protection of their data and financial information.
Key participants include Verint, Nuance Communications, Pindrop, Acculab, NICE, Phonexia, Auraya, VoicePIN, LumenVox, and SESTEK, among others.

Component Outlook (Revenue, USD Billion; 2017-2027)
Software
Services
Professional Services
Training and Education
Consulting
Support and Maintenance
Deployment and Integration
Managed Services

Type Outlook (Revenue, USD Billion; 2017-2027)
Passive Voice Biometrics
Active Voice Biometrics

Application Outlook (Revenue, USD Billion; 2017-2027)
Fraud Detection and Prevention
Access Control and Authentication
Forensic Voice Analysis and Criminal Investigation
Other

Organization Size Outlook (Revenue, USD Billion; 2017-2027)
Large Enterprises
Small and Medium-Sized Enterprises

Deployment Type Outlook (Revenue, USD Billion; 2017-2027)
Cloud
On-Premises

Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
Retail and eCommerce
Government and Defense
Banking, Financial Services, and Insurance
Telecommunications and IT
Healthcare
Others

Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA

We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global Voice Biometrics market. This helps us to comprehensively analyze the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.

Read more@ https://www.emergenresearch.com/industry-report/voice-biometrics-market

Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Voice Biometrics Market Segmentation & Impact Analysis
Chapter 5. Voice Biometrics Market By Product Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Voice Biometrics Market By Surgery Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Voice Biometrics Market By End User Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Voice Biometrics Market Regional Outlook
Continued…