Press release
Voice Recognition Biometrics 2017 Global Market Expected to Grow at CAGR 19.36% and Forecast to 2019
Voice Recognition Biometrics Market 2017About Voice Recognition Biometrics
Voice recognition biometrics digitizes an individual's voice to match it against a stored voiceprint template. Acoustic features of an individual's voice such as pitch, cadence, and tone are compared to distinguish between individual voices. Voice verification systems require minimal hardware installation, as most PCs already have a microphone and can authenticate individuals remotely for different transactions. Voice recognition biometrics are most likely to be deployed in telephone-based environments.
Technavio’s analysts forecast the global voice recognition biometrics market to grow at a CAGR of 19.36% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global voice recognition biometrics market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of voice recognition biometrics including voice receivers, voice recorders, modulators, voice recognition biometrics analyzing software, and databases. Report has also considered the revenue generated from hardware, software, and integrated voice recognition biometric solutions.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• South America
• MEA
Technavio's report, Global Voice Recognition Biometrics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• AGNITIO
• Nuance Communications
• VoiceTrust
• VoiceVault
Other prominent vendors
• Auraya Systems
• M2SYS Technology
• OneVault
• VoiceIt Technologies
• SayPay Technologies
• Sensiple
• Sensory
• SpeechPro
• SPITCH
• VoicePIN.com
• Uniphore
• ValidSoft
• Voice Biometrics Group (VBG)
Market driver
• Rising prominence of voice recognition biometrics in BFSI sector
• For a full, detailed list, view our report
Market challenge
• Lack of accuracy
• For a full, detailed list, view our report
Market trend
• Introduction of voice recognition biometrics in automotive sector
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Complete Report Details @ https://www.wiseguyreports.com/reports/872221-global-voice-recognition-biometrics-market-2017-2021
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Definition of biometrics
• Estimation of market
• Segmentation
• Vendors
• Summation errors
• Target audience
• Recommended readings
• Major-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Advantages and disadvantages of voice recognition biometrics
PART 05: Workflow of voice recognition biometrics
• Workflow of voice recognition biometrics
• Security vulnerability by authentication methods
PART 06: Applications of voice recognition biometrics
• VISA
• eBay
• Personal devices
• Parking garages
PART 07: Security issues with voice recognition biometrics
• Security risks with voice recognition biometrics
• Mitigating voice recognition biometrics risks
PART 08: Major developments
• Emergence of cloud biometrics
• Increasing use of NFC-based payments using voice recognition biometrics
PART 09: Market landscape
• Share of voice recognition biometrics in global biometrics market
• Global voice recognition biometrics market
PART 10: Market segmentation by end-user
• Global voice recognition biometrics market by end-users
• Global voice recognition biometrics market by end-user
PART 11: Geographical segmentation
• Global voice recognition biometrics market segmentation by geography
• Global voice recognition biometrics market segmentation by geography (revenue)
PART 12: Buying criteria
PART 13: Market drivers
• Rising prominence of voice recognition biometrics in BFSI sector
• Increased adoption in healthcare sector
• Popularity of voice recognition among law enforcement
PART 14: Impact of drivers
PART 15: Market challenges
• Lack of accuracy
• Lack of standardization
• Vulnerability of biometric systems
PART 16: Impact of drivers and challenges
PART 17: Market trends
• Introduction of voice recognition biometrics in automotive sector
• Introduction of voice recognition in multimodal biometrics
• Introduction of voice recognition biometrics in wearables
PART 18: Five forces model
PART 19: Vendor landscape
• Competitive scenario
• Vendor matrix
• Competitive rating
• Vendor highlights
• Key partnerships
• Other prominent vendors
PART 20: Major vendor profiles
• AGNITIO
• Nuance Communications
• VoiceTrust
• VoiceVault
PART 21: Explore Technavio
Continued…….
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NORAH TRENT
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Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
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