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Global and United States Voice Biometrics Market Report & Forecast 2022-2028

Lowest Price Available Length Published Date Report Id
from $4350.00 93 Pages 2022-01-27 4307302

Summary:

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.

Market Analysis and Insights: Global and United States Voice Biometrics Market

This report focuses on global and United States Voice Biometrics market, also covers the segmentation data of other regions in regional level and county level.

Due to the COVID-19 pandemic, the global Voice Biometrics market size is estimated to be worth US$ 1747.1 million in 2022 and is forecast to a readjusted size of US$ 5203.7 million by 2028 with a CAGR of 20.0% during the review period. Fully considering the economic change by this health crisis, by Type, Hardware accounting for % of the Voice Biometrics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Automotive was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast 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.

Global Voice Biometrics Scope and Market Size

Voice Biometrics market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Voice Biometrics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

For United States market, this report focuses on the Voice Biometrics market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type, the Voice Biometrics market is segmented into

Hardware

Software

Segment by Application, the Voice Biometrics market is segmented into

Automotive

Banking and Financial Service

Government Agency

Healthcare Industry

Mobile devices

Regional and Country-level Analysis

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

UAE

Competitive Landscape and Voice Biometrics Market Share Analysis

Voice Biometrics market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2022. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2022. Details included are company description, major business, company total revenue and the sales, revenue generated in Voice Biometrics business, the date to enter into the Voice Biometrics market, Revenue in Voice Biometrics Business (2017-2022) & (US$ Million) introduction, recent developments, etc.

The major vendors covered:

Agnitio

American Safety Council

Bioid

Nuance Communications

OneValult

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Global and United States Voice Biometrics market