Press release
What's Driving the Voice Biometrics Market Size? Nuance Communications, NICE, Verint, LexisNexis Risk Solutions

Voice Biometrics, Voice Biometrics market, Voice Biometrics market Size, Voice Biometrics market Share
Some of the major and emerging players in the Global Voice Biometrics Market are Nuance Communications, NICE, Verint, Phonexia, Pindrop, AimBrain, Voice Biometrics Group, Aculab, Auraya, Uniphore, VoicePIN, LexisNexis Risk Solutions, LumenVox, OneVault, SESTEK
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The Players Profiled in the Report:
Nuance Communications, NICE, Verint, Phonexia, Pindrop, AimBrain, Voice Biometrics Group, Aculab, Auraya, Uniphore, VoicePIN, LexisNexis Risk Solutions, LumenVox, OneVault, SESTEK
Voice Biometrics Market is valued approximately USD 0.7 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 23.70% over the forecast period 2019-2026. Voice biometrics or biometrics authentication uses unique biological characteristics for uniquely verifying user's identity. Furthermore, biometric authentication is hard to spoof, and password cannot be easily lost or stolen. Increasing demand for fraud detection system to control cybercrime cases would fuel the market growth over the forecast period. For instance, as per Comparitech report in 2018, around 700 million people were affected by cybercrime, additionally, by 2021 cybercrime would cost around USD 6 trillion annually. Thus, rising cybercrimes and its related loss would fuel the market growth in the coming years.
By Component
Software
Services
By Application
Access Control and Authentication
Fraud Detection and Prevention
Forensic Voice Analysis and Criminal Investigation
Others
By Type
Active Voice Biometrics
Passive Voice Biometrics
By Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
By Deployment Model:
Cloud
On-Premises
By Industry Vertical
Banking, Financial Services, and Insurance
Retail and eCommerce
Telecommunications and IT
Government and Defense
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The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.
Regional Analysis for Voice Biometrics Market:
North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC)
The report size market by 5 major regions, known as, North America, Europe, Asia Pacific (includes Asia & Oceania separately), Middle East and Africa (MEA), and Latin America and further into 15+ country level break-up that includes China, the UK, Germany, United States, France, Japan, batch of Southeast Asian & Nordic countries.
The Voice Biometrics market factors described in this report are:
Key Strategic Developments in Voice Biometrics Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale.
Key Market Features in Global Voice Biometrics Market:
The report highlights Voice Biometrics market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Voice Biometrics, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Chapter 1.Executive Summary
1.1.Market Snapshot
1.2.Key Trends
1.3.Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)
1.3.1.Voice Biometrics Market, by Component, 2016-2026 (USD Billion)
1.3.2.Voice Biometrics Market, by Application, 2016-2026 (USD Billion)
1.3.3.Voice Biometrics Market, by Type, 2016-2026 (USD Billion)
1.3.4.Voice Biometrics Market, by Organization Size, 2016-2026 (USD Billion)
1.3.5.Voice Biometrics Market, by Deployment Model, 2016-2026 (USD Billion)
1.3.6.Voice Biometrics Market, by Industry Vertical, 2016-2026 (USD Billion)
1.3.7.Voice Biometrics Market, by Region, 2016-2026 (USD Billion)
1.4.Estimation Methodology
1.5.Research Assumption
Chapter 2.Global Voice Biometrics Market Definition and Scope
2.1.Objective of the Study
2.2.Market Definition & Scope
2.2.1.Industry Evolution
2.2.2.Scope of the Study
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