Press release
Voice Biometrics Market Will Nearly Reach USD 18.30 Billion in Revenues By 2023 : IT Intelligence Market
Voice Biometrics technology assures user authentication by using every individual’s unique voice-prints. It reduces the costs and risks associated with authentication that requires passwords or sharing of sensitive data. amVoice, Uniphore’s voice biometrics solution offers an innovative alternative for remote user authentication irrespective of access device and language. It forms a unique biometric voice-print using the characteristics of an individual’s voice. This voice-print can be compared with an existing voice-print database to confirm identity of the user.The report presents an in-depth overview of the current state of the Global Voice Biometrics Market, with details concerning the functioning and design of the product, varieties available in the market, processes involved in the manufacturing of the product, and its potential impact on the growth prospects of the vast regulations levied on the import, export, and global sales of this heavily popular commodity. An overview of the popularity of recent technological advancements in the market and their potential impact on the overall development of the market is also analyzed in the report. The voice recognition market is expected to be valued at USD 6.19 Billion in 2017 and is likely to reach USD 18.30 Billion by 2023, at a CAGR of +19% between 2018 and 2023.
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The key vendors contributing to the global Voice Biometrics market are Agnito SL, Voice Pass Technology, VoiceTrust Ag, MASYS Technology, SpeechPro, ValidSoft, National Security Resources, SayPay Technologies INC., American Safety Council Inc., Nuance Communications, VoiceTrust Holding BV, VoiceVault, OneVault, Uniphore, Voice Security Sysrems, Voice Biometrics, and Boid Ag.
The report provides a brief timeline for each segment of the global Voice Biometrics market. Key drivers and restraints impacting the market segments are also demonstrated precisely. It also helps in determining reasons for the progress of certain segments over others in the looming years. The overall market is also segmented on the basis of geography in the United States, Europe, India, Japan, China, and Southeast Asia. The geographical segmentation provides a distinct assessment of the factors supporting these regions, the favorable regulatory policies, and the impact of the political frameworks.
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Market drivers, restraints, and opportunities have been evaluated to explain the anticipated nature of investments and its impact on the global Voice Biometrics market in terms of future prospects. Recent developments in terms of technological advancements have been described along with an in-depth analysis of their future plans.
Key segment:
World Voice Biometrics Market By End user:
• Automotive
• Banking and Financial Service
• Government Agency
• Healthcare Industry
• Mobile devices
World Voice Biometrics Market By Component
• Hardware
• Software
World Voice Biometrics Market By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o United Kingdom
o Others
• Asia Pacific
o China
o India
o Australia
o Others
• LAMEA
o Brazil
o South Africa
o Others
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Table of Content:
Global Voice Biometrics market Research Report 2018-2023
Chapter 1: Global Voice Biometrics market Overview
Chapter 2: Global Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region (2018-2023)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2018-2023)
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Voice Biometrics Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Voice Biometrics Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Voice Biometrics Market Effect Factors Analysis
Chapter 12: Voice Biometrics Market Forecast (2018-2023)
Chapter 13: Appendix
About IT Intelligence Markets:
We at IT Intelligence Markets conduct intensive market research and generate detailed reports about the products and services offered in the IT domain. Our team is devoted to providing custom reports that are taylor-made to suit the customer’s requirements. We make sure to keep our customers updated with the latest market dynamics as IT industry is undergoing sea change intrinsically & extrinsically by forces such as regulatory fluctuations, rapidly evolving consumer preferences, and newer technologies. Not only do our market research analysts scrutinize market requirements but also track competitors relentlessly for obtaining the most updated scenario of the market.
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