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Voice Biometrics-Global Market Insights and Sales Trends 2024
Synopsis
Voice biometrics is utilized for voice recognition through analysis of an individuals pitch, speech, voice and tone. In terms of security, it has a great advantage over passwords, as a password can be easily tracked or hacked; voice of an individual is as distinctive and unique as a fingerprint.
The global Voice Biometrics market size is expected to reach US$ 5395.7 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Voice Biometrics in various end use industries. The expanding demands from the Automotive, Banking and Financial Service, Government Agency and Healthcare Industry, are propelling Voice Biometrics market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
a voice is recognized in two patterns, namely text-dependent and text-independent. Gaining popularity among various sectors such as the entertainment industry, cloud computing, social networking, and building security is one of the major factors responsible to drive the growth of the voice biometrics market. Furthermore, huge demand for high-level security in the financial sector and increasing public awareness are also expected to provide growth to the market. A major factor restricting the growth of the market are issues related to privacy and high cost.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Voice Biometrics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Voice Biometrics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Voice Biometrics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Voice Biometrics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Voice Biometrics covered in this report include Agnitio, American Safety Council, Bioid, Nuance Communications and OneValult, etc.
The global Voice Biometrics market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Agnitio
American Safety Council
Bioid
Nuance Communications
OneValult
Global Voice Biometrics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Voice Biometrics market, Segment by Type:
Hardware
Software
Global Voice Biometrics market, by Application
Automotive
Banking and Financial Service
Government Agency
Healthcare Industry
Mobile devices
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Voice Biometrics companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Voice biometrics is utilized for voice recognition through analysis of an individuals pitch, speech, voice and tone. In terms of security, it has a great advantage over passwords, as a password can be easily tracked or hacked; voice of an individual is as distinctive and unique as a fingerprint.
The global Voice Biometrics market size is expected to reach US$ 5395.7 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Voice Biometrics in various end use industries. The expanding demands from the Automotive, Banking and Financial Service, Government Agency and Healthcare Industry, are propelling Voice Biometrics market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
a voice is recognized in two patterns, namely text-dependent and text-independent. Gaining popularity among various sectors such as the entertainment industry, cloud computing, social networking, and building security is one of the major factors responsible to drive the growth of the voice biometrics market. Furthermore, huge demand for high-level security in the financial sector and increasing public awareness are also expected to provide growth to the market. A major factor restricting the growth of the market are issues related to privacy and high cost.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Voice Biometrics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Voice Biometrics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Voice Biometrics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Voice Biometrics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Voice Biometrics covered in this report include Agnitio, American Safety Council, Bioid, Nuance Communications and OneValult, etc.
The global Voice Biometrics market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Agnitio
American Safety Council
Bioid
Nuance Communications
OneValult
Global Voice Biometrics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Voice Biometrics market, Segment by Type:
Hardware
Software
Global Voice Biometrics market, by Application
Automotive
Banking and Financial Service
Government Agency
Healthcare Industry
Mobile devices
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Voice Biometrics companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Voice Biometrics
1.1 Voice Biometrics Market Overview
1.1.1 Voice Biometrics Product Scope
1.1.2 Voice Biometrics Market Status and Outlook
1.2 Global Voice Biometrics Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Voice Biometrics Market Size by Region (2018-2029)
1.4 Global Voice Biometrics Historic Market Size by Region (2018-2023)
1.5 Global Voice Biometrics Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Voice Biometrics Market Size (2018-2029)
1.6.1 North America Voice Biometrics Market Size (2018-2029)
1.6.2 Europe Voice Biometrics Market Size (2018-2029)
1.6.3 Asia-Pacific Voice Biometrics Market Size (2018-2029)
1.6.4 Latin America Voice Biometrics Market Size (2018-2029)
1.6.5 Middle East & Africa Voice Biometrics Market Size (2018-2029)
2 Voice Biometrics Market by Type
2.1 Introduction
2.1.1 Hardware
2.1.2 Software
2.2 Global Voice Biometrics Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Voice Biometrics Historic Market Size by Type (2018-2023)
2.2.2 Global Voice Biometrics Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Voice Biometrics Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Voice Biometrics Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Voice Biometrics Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Voice Biometrics Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Voice Biometrics Revenue Breakdown by Type (2018-2029)
3 Voice Biometrics Market Overview by Application
3.1 Introduction
3.1.1 Automotive
3.1.2 Banking and Financial Service
3.1.3 Government Agency
3.1.4 Healthcare Industry
3.1.5 Mobile devices
3.2 Global Voice Biometrics Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Voice Biometrics Historic Market Size by Application (2018-2023)
3.2.2 Global Voice Biometrics Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Voice Biometrics Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Voice Biometrics Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Voice Biometrics Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Voice Biometrics Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Voice Biometrics Revenue Breakdown by Application (2018-2029)
4 Voice Biometrics Competition Analysis by Players
4.1 Global Voice Biometrics Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Voice Biometrics as of 2022)
4.3 Date of Key Players Enter into Voice Biometrics Market
4.4 Global Top Players Voice Biometrics Headquarters and Area Served
4.5 Key Players Voice Biometrics Product Solution and Service
4.6 Competitive Status
4.6.1 Voice Biometrics Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Agnitio
5.1.1 Agnitio Profile
5.1.2 Agnitio Main Business
5.1.3 Agnitio Voice Biometrics Products, Services and Solutions
5.1.4 Agnitio Voice Biometrics Revenue (US$ Million) & (2018-2023)
5.1.5 Agnitio Recent Developments
5.2 American Safety Council
5.2.1 American Safety Council Profile
5.2.2 American Safety Council Main Business
5.2.3 American Safety Council Voice Biometrics Products, Services and Solutions
5.2.4 American Safety Council Voice Biometrics Revenue (US$ Million) & (2018-2023)
5.2.5 American Safety Council Recent Developments
5.3 Bioid
5.3.1 Bioid Profile
5.3.2 Bioid Main Business
5.3.3 Bioid Voice Biometrics Products, Services and Solutions
5.3.4 Bioid Voice Biometrics Revenue (US$ Million) & (2018-2023)
5.3.5 Nuance Communications Recent Developments
5.4 Nuance Communications
5.4.1 Nuance Communications Profile
5.4.2 Nuance Communications Main Business
5.4.3 Nuance Communications Voice Biometrics Products, Services and Solutions
5.4.4 Nuance Communications Voice Biometrics Revenue (US$ Million) & (2018-2023)
5.4.5 Nuance Communications Recent Developments
5.5 OneValult
5.5.1 OneValult Profile
5.5.2 OneValult Main Business
5.5.3 OneValult Voice Biometrics Products, Services and Solutions
5.5.4 OneValult Voice Biometrics Revenue (US$ Million) & (2018-2023)
5.5.5 OneValult Recent Developments
6 North America
6.1 North America Voice Biometrics Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Voice Biometrics Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Voice Biometrics Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Voice Biometrics Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Voice Biometrics Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Voice Biometrics Market Dynamics
11.1 Voice Biometrics Industry Trends
11.2 Voice Biometrics Market Drivers
11.3 Voice Biometrics Market Challenges
11.4 Voice Biometrics Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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