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Voice Biometrics Market to reach a market size of $2.7 billion by 2024- KBV Research

Press release   •   Jun 28, 2019 12:35 IST

According to a new report Global Voice Biometrics Market, published by KBV research, The Global Voice Biometrics Market size is expected to reach $2.7 billion by 2024, rising at a market growth of 22.7% CAGR during the forecast period.

The North America market would dominate the Global Voice Biometrics Solution Market by Region by 2024, growing at a CAGR of 20.2 % during the forecast period. The Europe market is expected to witness a CAGR of 20.8% during (2018-2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 23.7% during (2018-2024).

The Access Control & Authentication market dominated the Global Voice Biometrics Market by Application 2017. The Fraud Detection & Prevention market is expected to witness a CAGR of 23.4% during (2018-2024). Additionally, The Forensic Voice Analysis & Criminal Investigation market is expected to witness highest CAGR of 24.2% during (2018-2024).

The BFSI market dominated the Global Voice Biometrics Market by End User 2017, growing at a CAGR of 21.5 % during the forecast period. The Healthcare & Life Sciences market is expected to witness a CAGR of 24.5% during (2018-2024). The Retail & Ecommerce market is expected to witness a CAGR of 26.1% during (2018-2024). Additionally, The Telecom & IT market is expected to witness highest CAGR of 23.4% during (2018-2024).

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Nuance Communications Inc., Verint Systems Inc., NICE Ltd., LexisNexis Risk Solutions Inc., Voice Biometrics Group, AimBrain Solutions Limited, Phonexia, VoicePin.com, Uniphore Software Solutions Pvt. Ltd., and LumenVox LLC.

Ful Report: https://www.kbvresearch.com/voice-biometrics-market/

Global Voice Biometrics Market Segmentation

By Component

Solution

Services

By Application

Access Control & Authentication

Fraud Detection & Prevention

Forensic Voice Analysis & Criminal Investigation

By Organization Size

Large Enterprises

Small & Medium-Sized Enterprises

By Type

Active Voice Biometrics

Passive Voice Biometrics

By End User

BFSI

Healthcare & Life Sciences

Retail & Ecommerce

Telecom & IT

Government & Defense

Others

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Nuance Communications Inc.

Verint Systems Inc.

NICE Ltd.

LexisNexis Risk Solutions Inc.

Voice Biometrics Group

AimBrain Solutions Limited

Phonexia

VoicePin.com

Uniphore Software Solutions Pvt. Ltd.

LumenVox LLC.

Unique Offerings from KBV Research

Exhaustive coverage

Highest number of market tables and figures

Subscription based model available

Guaranteed best price

Assured post sales research support with 10% customization free

Voice Biometrics Market Related Reports:

North America Voice Biometrics Market

Europe Voice Biometrics Market

Asia Pacific Voice Biometrics Market

LAMEA Voice Biometrics Market

Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.

KBV Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.