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Voice Recognition Biometrics-Global Market Insights and Sales Trends 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 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 Recognition Biometrics in various end use industries. The expanding demands from the IT And Telecom, BFSI, Automotive and Healthcare, are propelling Voice Recognition Biometrics market. Physiological Biometrics, 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 Behavioral Biometrics segment is estimated at % CAGR for the next seven-year period.
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.
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 Recognition 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 Recognition 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 Recognition Biometrics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Voice Recognition 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 Recognition Biometrics covered in this report include AGNITIO, Nuance Communications, VoiceTrust, VoiceVault, Auraya Systems, M2SYS Technology, OneVault, VoiceIt Technologies and SayPay Technologies, etc.
The global Voice Recognition 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
Nuance Communications
VoiceTrust
VoiceVault
Auraya Systems
M2SYS Technology
OneVault
VoiceIt Technologies
SayPay Technologies
Sensiple
Sensory
SpeechPro
SPITCH
VoicePIN
Uniphore
ValidSoft
Voice Biometrics
Global Voice Recognition 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 Recognition Biometrics market, Segment by Type:
Physiological Biometrics
Behavioral Biometrics
Global Voice Recognition Biometrics market, by Application
IT And Telecom
BFSI
Automotive
Healthcare
Education
Others
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 Recognition 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 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 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 Recognition Biometrics in various end use industries. The expanding demands from the IT And Telecom, BFSI, Automotive and Healthcare, are propelling Voice Recognition Biometrics market. Physiological Biometrics, 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 Behavioral Biometrics segment is estimated at % CAGR for the next seven-year period.
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.
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 Recognition 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 Recognition 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 Recognition Biometrics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Voice Recognition 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 Recognition Biometrics covered in this report include AGNITIO, Nuance Communications, VoiceTrust, VoiceVault, Auraya Systems, M2SYS Technology, OneVault, VoiceIt Technologies and SayPay Technologies, etc.
The global Voice Recognition 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
Nuance Communications
VoiceTrust
VoiceVault
Auraya Systems
M2SYS Technology
OneVault
VoiceIt Technologies
SayPay Technologies
Sensiple
Sensory
SpeechPro
SPITCH
VoicePIN
Uniphore
ValidSoft
Voice Biometrics
Global Voice Recognition 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 Recognition Biometrics market, Segment by Type:
Physiological Biometrics
Behavioral Biometrics
Global Voice Recognition Biometrics market, by Application
IT And Telecom
BFSI
Automotive
Healthcare
Education
Others
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 Recognition 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 Recognition Biometrics
1.1 Voice Recognition Biometrics Market Overview
1.1.1 Voice Recognition Biometrics Product Scope
1.1.2 Voice Recognition Biometrics Market Status and Outlook
1.2 Global Voice Recognition Biometrics Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Voice Recognition Biometrics Market Size by Region (2018-2029)
1.4 Global Voice Recognition Biometrics Historic Market Size by Region (2018-2023)
1.5 Global Voice Recognition Biometrics Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Voice Recognition Biometrics Market Size (2018-2029)
1.6.1 North America Voice Recognition Biometrics Market Size (2018-2029)
1.6.2 Europe Voice Recognition Biometrics Market Size (2018-2029)
1.6.3 Asia-Pacific Voice Recognition Biometrics Market Size (2018-2029)
1.6.4 Latin America Voice Recognition Biometrics Market Size (2018-2029)
1.6.5 Middle East & Africa Voice Recognition Biometrics Market Size (2018-2029)
2 Voice Recognition Biometrics Market by Type
2.1 Introduction
2.1.1 Physiological Biometrics
2.1.2 Behavioral Biometrics
2.2 Global Voice Recognition Biometrics Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Voice Recognition Biometrics Historic Market Size by Type (2018-2023)
2.2.2 Global Voice Recognition Biometrics Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Voice Recognition Biometrics Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Voice Recognition Biometrics Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Voice Recognition Biometrics Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Voice Recognition Biometrics Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Voice Recognition Biometrics Revenue Breakdown by Type (2018-2029)
3 Voice Recognition Biometrics Market Overview by Application
3.1 Introduction
3.1.1 IT And Telecom
3.1.2 BFSI
3.1.3 Automotive
3.1.4 Healthcare
3.1.5 Education
3.1.6 Others
3.2 Global Voice Recognition Biometrics Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Voice Recognition Biometrics Historic Market Size by Application (2018-2023)
3.2.2 Global Voice Recognition Biometrics Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Voice Recognition Biometrics Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Voice Recognition Biometrics Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Voice Recognition Biometrics Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Voice Recognition Biometrics Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Voice Recognition Biometrics Revenue Breakdown by Application (2018-2029)
4 Voice Recognition Biometrics Competition Analysis by Players
4.1 Global Voice Recognition 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 Recognition Biometrics as of 2022)
4.3 Date of Key Players Enter into Voice Recognition Biometrics Market
4.4 Global Top Players Voice Recognition Biometrics Headquarters and Area Served
4.5 Key Players Voice Recognition Biometrics Product Solution and Service
4.6 Competitive Status
4.6.1 Voice Recognition 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 Recognition Biometrics Products, Services and Solutions
5.1.4 AGNITIO Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.1.5 AGNITIO Recent Developments
5.2 Nuance Communications
5.2.1 Nuance Communications Profile
5.2.2 Nuance Communications Main Business
5.2.3 Nuance Communications Voice Recognition Biometrics Products, Services and Solutions
5.2.4 Nuance Communications Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.2.5 Nuance Communications Recent Developments
5.3 VoiceTrust
5.3.1 VoiceTrust Profile
5.3.2 VoiceTrust Main Business
5.3.3 VoiceTrust Voice Recognition Biometrics Products, Services and Solutions
5.3.4 VoiceTrust Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.3.5 VoiceVault Recent Developments
5.4 VoiceVault
5.4.1 VoiceVault Profile
5.4.2 VoiceVault Main Business
5.4.3 VoiceVault Voice Recognition Biometrics Products, Services and Solutions
5.4.4 VoiceVault Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.4.5 VoiceVault Recent Developments
5.5 Auraya Systems
5.5.1 Auraya Systems Profile
5.5.2 Auraya Systems Main Business
5.5.3 Auraya Systems Voice Recognition Biometrics Products, Services and Solutions
5.5.4 Auraya Systems Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.5.5 Auraya Systems Recent Developments
5.6 M2SYS Technology
5.6.1 M2SYS Technology Profile
5.6.2 M2SYS Technology Main Business
5.6.3 M2SYS Technology Voice Recognition Biometrics Products, Services and Solutions
5.6.4 M2SYS Technology Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.6.5 M2SYS Technology Recent Developments
5.7 OneVault
5.7.1 OneVault Profile
5.7.2 OneVault Main Business
5.7.3 OneVault Voice Recognition Biometrics Products, Services and Solutions
5.7.4 OneVault Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.7.5 OneVault Recent Developments
5.8 VoiceIt Technologies
5.8.1 VoiceIt Technologies Profile
5.8.2 VoiceIt Technologies Main Business
5.8.3 VoiceIt Technologies Voice Recognition Biometrics Products, Services and Solutions
5.8.4 VoiceIt Technologies Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.8.5 VoiceIt Technologies Recent Developments
5.9 SayPay Technologies
5.9.1 SayPay Technologies Profile
5.9.2 SayPay Technologies Main Business
5.9.3 SayPay Technologies Voice Recognition Biometrics Products, Services and Solutions
5.9.4 SayPay Technologies Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.9.5 SayPay Technologies Recent Developments
5.10 Sensiple
5.10.1 Sensiple Profile
5.10.2 Sensiple Main Business
5.10.3 Sensiple Voice Recognition Biometrics Products, Services and Solutions
5.10.4 Sensiple Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.10.5 Sensiple Recent Developments
5.11 Sensory
5.11.1 Sensory Profile
5.11.2 Sensory Main Business
5.11.3 Sensory Voice Recognition Biometrics Products, Services and Solutions
5.11.4 Sensory Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.11.5 Sensory Recent Developments
5.12 SpeechPro
5.12.1 SpeechPro Profile
5.12.2 SpeechPro Main Business
5.12.3 SpeechPro Voice Recognition Biometrics Products, Services and Solutions
5.12.4 SpeechPro Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.12.5 SpeechPro Recent Developments
5.13 SPITCH
5.13.1 SPITCH Profile
5.13.2 SPITCH Main Business
5.13.3 SPITCH Voice Recognition Biometrics Products, Services and Solutions
5.13.4 SPITCH Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.13.5 SPITCH Recent Developments
5.14 VoicePIN
5.14.1 VoicePIN Profile
5.14.2 VoicePIN Main Business
5.14.3 VoicePIN Voice Recognition Biometrics Products, Services and Solutions
5.14.4 VoicePIN Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.14.5 VoicePIN Recent Developments
5.15 Uniphore
5.15.1 Uniphore Profile
5.15.2 Uniphore Main Business
5.15.3 Uniphore Voice Recognition Biometrics Products, Services and Solutions
5.15.4 Uniphore Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.15.5 Uniphore Recent Developments
5.16 ValidSoft
5.16.1 ValidSoft Profile
5.16.2 ValidSoft Main Business
5.16.3 ValidSoft Voice Recognition Biometrics Products, Services and Solutions
5.16.4 ValidSoft Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.16.5 ValidSoft Recent Developments
5.17 Voice Biometrics
5.17.1 Voice Biometrics Profile
5.17.2 Voice Biometrics Main Business
5.17.3 Voice Biometrics Voice Recognition Biometrics Products, Services and Solutions
5.17.4 Voice Biometrics Voice Recognition Biometrics Revenue (US$ Million) & (2018-2023)
5.17.5 Voice Biometrics Recent Developments
6 North America
6.1 North America Voice Recognition Biometrics Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Voice Recognition 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 Recognition 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 Recognition 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 Recognition 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 Recognition Biometrics Market Dynamics
11.1 Voice Recognition Biometrics Industry Trends
11.2 Voice Recognition Biometrics Market Drivers
11.3 Voice Recognition Biometrics Market Challenges
11.4 Voice Recognition 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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