Press release
Voice Biometrics Market Outlook to 2027- AGNITIO, American Safety Council, BioID® AG, Nuance Communications, OneVault, Say-Tec, ValidSoft, Verint VoiceVault, Voice Biometrics Group, VoiceTrust Ag
The voice biometrics technology recognizes a person without any physical contact through the help of the system. This is done by comparing the recorded voice of the person with previously stored data in the system of the same person. Various voice recorders are utilized for this purpose. Biometrics technology supports to recognize and validate the identity of an individual through physiological or behavioral uniqueness.The Voice biometrics market is anticipated to grow owing to driving factors such as rising threat to security, high demand from internet-based business such as online banking, huge demand for high-level security in the financial sector and increasing public awareness among various sectors, such as the entertainment industry, social networking, cloud computing and building security. However, high cost and privacy concerns are some of the restraints which are expected to hamper the market growth.
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The List of Companies
• AGNITIO S.L.
• American Safety Council
• BioID AG
• Nuance Communications, Inc.
• OneVault
• Say-Tec
• ValidSoft
• Verint VoiceVault
• Voice Biometrics Group
• VoiceTrust Ag
As leading companies in Voice biometrics market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
Global Voice Biometrics Market Key Segmentation:
By Component
• Hardware
• Software
By Technology
• AI-based
• non-AI-based
By Deployment Mode
• Cloud
• On-Premise
By Application
• Forensic Voice Analysis
• Access Security
• Payments
By Industry Vertical
• Automotive
• Enterprise
• Consumer
• Banking
• Financial Services, & Insurance (BFSI)
• Government
• Healthcaremilitary
• Education
Voice Biometrics Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years.
Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com
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