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Global Voice Recognition Biometrics Market Research Report 2025
Synopsis
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.
The global Voice Recognition Biometrics market was valued at US$ 3878.4 million in 2023 and is anticipated to reach US$ 5395.7 million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.
According to the report, one of the major drivers for this market is rising prominence of voice recognition biometrics in BFSI sector. The BFSI sector is increasingly focusing on providing the highest level of security to customers without compromising on convenience. The payments and card industry (PCI) has been digitally transformed with the changing consumer preferences and introduction of new payment methods such as PIN cards, mobile wallets, and EMV chips. With advances in technology, the number of fraud and forgeries are also increasing, highlighting the need for a solution that is difficult to duplicate.
This report aims to provide a comprehensive presentation of the global market for Voice Recognition Biometrics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Voice Recognition Biometrics.
Report Scope
The Voice Recognition Biometrics market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Voice Recognition Biometrics market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Voice Recognition Biometrics companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
AGNITIO
Nuance Communications
VoiceTrust
VoiceVault
Auraya Systems
M2SYS Technology
OneVault
VoiceIt Technologies
SayPay Technologies
Sensiple
Sensory
SpeechPro
SPITCH
VoicePIN
Uniphore
ValidSoft
Voice Biometrics
Segment by Type
Physiological Biometrics
Behavioral Biometrics
Segment by Application
IT And Telecom
BFSI
Automotive
Healthcare
Education
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Voice Recognition Biometrics companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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.
The global Voice Recognition Biometrics market was valued at US$ 3878.4 million in 2023 and is anticipated to reach US$ 5395.7 million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.
According to the report, one of the major drivers for this market is rising prominence of voice recognition biometrics in BFSI sector. The BFSI sector is increasingly focusing on providing the highest level of security to customers without compromising on convenience. The payments and card industry (PCI) has been digitally transformed with the changing consumer preferences and introduction of new payment methods such as PIN cards, mobile wallets, and EMV chips. With advances in technology, the number of fraud and forgeries are also increasing, highlighting the need for a solution that is difficult to duplicate.
This report aims to provide a comprehensive presentation of the global market for Voice Recognition Biometrics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Voice Recognition Biometrics.
Report Scope
The Voice Recognition Biometrics market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Voice Recognition Biometrics market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Voice Recognition Biometrics companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
AGNITIO
Nuance Communications
VoiceTrust
VoiceVault
Auraya Systems
M2SYS Technology
OneVault
VoiceIt Technologies
SayPay Technologies
Sensiple
Sensory
SpeechPro
SPITCH
VoicePIN
Uniphore
ValidSoft
Voice Biometrics
Segment by Type
Physiological Biometrics
Behavioral Biometrics
Segment by Application
IT And Telecom
BFSI
Automotive
Healthcare
Education
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Voice Recognition Biometrics companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Voice Recognition Biometrics Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Physiological Biometrics
1.2.3 Behavioral Biometrics
1.3 Market by Application
1.3.1 Global Voice Recognition Biometrics Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 IT And Telecom
1.3.3 BFSI
1.3.4 Automotive
1.3.5 Healthcare
1.3.6 Education
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Voice Recognition Biometrics Market Perspective (2019-2030)
2.2 Voice Recognition Biometrics Growth Trends by Region
2.2.1 Global Voice Recognition Biometrics Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Voice Recognition Biometrics Historic Market Size by Region (2019-2024)
2.2.3 Voice Recognition Biometrics Forecasted Market Size by Region (2025-2030)
2.3 Voice Recognition Biometrics Market Dynamics
2.3.1 Voice Recognition Biometrics Industry Trends
2.3.2 Voice Recognition Biometrics Market Drivers
2.3.3 Voice Recognition Biometrics Market Challenges
2.3.4 Voice Recognition Biometrics Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Voice Recognition Biometrics Players by Revenue
3.1.1 Global Top Voice Recognition Biometrics Players by Revenue (2019-2024)
3.1.2 Global Voice Recognition Biometrics Revenue Market Share by Players (2019-2024)
3.2 Global Voice Recognition Biometrics Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Voice Recognition Biometrics Revenue
3.4 Global Voice Recognition Biometrics Market Concentration Ratio
3.4.1 Global Voice Recognition Biometrics Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Voice Recognition Biometrics Revenue in 2023
3.5 Voice Recognition Biometrics Key Players Head office and Area Served
3.6 Key Players Voice Recognition Biometrics Product Solution and Service
3.7 Date of Enter into Voice Recognition Biometrics Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Voice Recognition Biometrics Breakdown Data by Type
4.1 Global Voice Recognition Biometrics Historic Market Size by Type (2019-2024)
4.2 Global Voice Recognition Biometrics Forecasted Market Size by Type (2025-2030)
5 Voice Recognition Biometrics Breakdown Data by Application
5.1 Global Voice Recognition Biometrics Historic Market Size by Application (2019-2024)
5.2 Global Voice Recognition Biometrics Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Voice Recognition Biometrics Market Size (2019-2030)
6.2 North America Voice Recognition Biometrics Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Voice Recognition Biometrics Market Size by Country (2019-2024)
6.4 North America Voice Recognition Biometrics Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Voice Recognition Biometrics Market Size (2019-2030)
7.2 Europe Voice Recognition Biometrics Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Voice Recognition Biometrics Market Size by Country (2019-2024)
7.4 Europe Voice Recognition Biometrics Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Voice Recognition Biometrics Market Size (2019-2030)
8.2 Asia-Pacific Voice Recognition Biometrics Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Voice Recognition Biometrics Market Size by Region (2019-2024)
8.4 Asia-Pacific Voice Recognition Biometrics Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Voice Recognition Biometrics Market Size (2019-2030)
9.2 Latin America Voice Recognition Biometrics Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Voice Recognition Biometrics Market Size by Country (2019-2024)
9.4 Latin America Voice Recognition Biometrics Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Voice Recognition Biometrics Market Size (2019-2030)
10.2 Middle East & Africa Voice Recognition Biometrics Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Voice Recognition Biometrics Market Size by Country (2019-2024)
10.4 Middle East & Africa Voice Recognition Biometrics Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AGNITIO
11.1.1 AGNITIO Company Detail
11.1.2 AGNITIO Business Overview
11.1.3 AGNITIO Voice Recognition Biometrics Introduction
11.1.4 AGNITIO Revenue in Voice Recognition Biometrics Business (2019-2024)
11.1.5 AGNITIO Recent Development
11.2 Nuance Communications
11.2.1 Nuance Communications Company Detail
11.2.2 Nuance Communications Business Overview
11.2.3 Nuance Communications Voice Recognition Biometrics Introduction
11.2.4 Nuance Communications Revenue in Voice Recognition Biometrics Business (2019-2024)
11.2.5 Nuance Communications Recent Development
11.3 VoiceTrust
11.3.1 VoiceTrust Company Detail
11.3.2 VoiceTrust Business Overview
11.3.3 VoiceTrust Voice Recognition Biometrics Introduction
11.3.4 VoiceTrust Revenue in Voice Recognition Biometrics Business (2019-2024)
11.3.5 VoiceTrust Recent Development
11.4 VoiceVault
11.4.1 VoiceVault Company Detail
11.4.2 VoiceVault Business Overview
11.4.3 VoiceVault Voice Recognition Biometrics Introduction
11.4.4 VoiceVault Revenue in Voice Recognition Biometrics Business (2019-2024)
11.4.5 VoiceVault Recent Development
11.5 Auraya Systems
11.5.1 Auraya Systems Company Detail
11.5.2 Auraya Systems Business Overview
11.5.3 Auraya Systems Voice Recognition Biometrics Introduction
11.5.4 Auraya Systems Revenue in Voice Recognition Biometrics Business (2019-2024)
11.5.5 Auraya Systems Recent Development
11.6 M2SYS Technology
11.6.1 M2SYS Technology Company Detail
11.6.2 M2SYS Technology Business Overview
11.6.3 M2SYS Technology Voice Recognition Biometrics Introduction
11.6.4 M2SYS Technology Revenue in Voice Recognition Biometrics Business (2019-2024)
11.6.5 M2SYS Technology Recent Development
11.7 OneVault
11.7.1 OneVault Company Detail
11.7.2 OneVault Business Overview
11.7.3 OneVault Voice Recognition Biometrics Introduction
11.7.4 OneVault Revenue in Voice Recognition Biometrics Business (2019-2024)
11.7.5 OneVault Recent Development
11.8 VoiceIt Technologies
11.8.1 VoiceIt Technologies Company Detail
11.8.2 VoiceIt Technologies Business Overview
11.8.3 VoiceIt Technologies Voice Recognition Biometrics Introduction
11.8.4 VoiceIt Technologies Revenue in Voice Recognition Biometrics Business (2019-2024)
11.8.5 VoiceIt Technologies Recent Development
11.9 SayPay Technologies
11.9.1 SayPay Technologies Company Detail
11.9.2 SayPay Technologies Business Overview
11.9.3 SayPay Technologies Voice Recognition Biometrics Introduction
11.9.4 SayPay Technologies Revenue in Voice Recognition Biometrics Business (2019-2024)
11.9.5 SayPay Technologies Recent Development
11.10 Sensiple
11.10.1 Sensiple Company Detail
11.10.2 Sensiple Business Overview
11.10.3 Sensiple Voice Recognition Biometrics Introduction
11.10.4 Sensiple Revenue in Voice Recognition Biometrics Business (2019-2024)
11.10.5 Sensiple Recent Development
11.11 Sensory
11.11.1 Sensory Company Detail
11.11.2 Sensory Business Overview
11.11.3 Sensory Voice Recognition Biometrics Introduction
11.11.4 Sensory Revenue in Voice Recognition Biometrics Business (2019-2024)
11.11.5 Sensory Recent Development
11.12 SpeechPro
11.12.1 SpeechPro Company Detail
11.12.2 SpeechPro Business Overview
11.12.3 SpeechPro Voice Recognition Biometrics Introduction
11.12.4 SpeechPro Revenue in Voice Recognition Biometrics Business (2019-2024)
11.12.5 SpeechPro Recent Development
11.13 SPITCH
11.13.1 SPITCH Company Detail
11.13.2 SPITCH Business Overview
11.13.3 SPITCH Voice Recognition Biometrics Introduction
11.13.4 SPITCH Revenue in Voice Recognition Biometrics Business (2019-2024)
11.13.5 SPITCH Recent Development
11.14 VoicePIN
11.14.1 VoicePIN Company Detail
11.14.2 VoicePIN Business Overview
11.14.3 VoicePIN Voice Recognition Biometrics Introduction
11.14.4 VoicePIN Revenue in Voice Recognition Biometrics Business (2019-2024)
11.14.5 VoicePIN Recent Development
11.15 Uniphore
11.15.1 Uniphore Company Detail
11.15.2 Uniphore Business Overview
11.15.3 Uniphore Voice Recognition Biometrics Introduction
11.15.4 Uniphore Revenue in Voice Recognition Biometrics Business (2019-2024)
11.15.5 Uniphore Recent Development
11.16 ValidSoft
11.16.1 ValidSoft Company Detail
11.16.2 ValidSoft Business Overview
11.16.3 ValidSoft Voice Recognition Biometrics Introduction
11.16.4 ValidSoft Revenue in Voice Recognition Biometrics Business (2019-2024)
11.16.5 ValidSoft Recent Development
11.17 Voice Biometrics
11.17.1 Voice Biometrics Company Detail
11.17.2 Voice Biometrics Business Overview
11.17.3 Voice Biometrics Voice Recognition Biometrics Introduction
11.17.4 Voice Biometrics Revenue in Voice Recognition Biometrics Business (2019-2024)
11.17.5 Voice Biometrics Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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