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Total funding amounts to $125.3M.
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Biometría De Voz De Phonexia: Uso De La Tecnología De Reconocimiento De Voz Para Revolucionar La Seguridad
El reconocimiento de voz se ha convertido en una potente herramienta para mejorar la seguridad y la verificación de identidad en el campo de las tecnologías biométricas de vanguardia. Como pionero en el campo de la biometría de voz, Phonexia ha creado soluciones de vanguardia que utilizan los rasgos de voz distintivos de las personas para la autenticación.
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Biometric-as-a-Service Market Share, Growth Prospects and Key Opportunities by 2025
The report "Biometric-as-a-Service Market Growth by Offering, Solution (Fingerprint Recognition, Iris Recognition, Voice Recognition, Palm & Vein Recognition), Trait (Physiological, Behavioral), Modality, Organization Size, Vertical, Region-Global Forecast to 2025" size to grow from USD 1.5 billion in 2020 to USD 3.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.7% and post COVID-19 market size is expected to grow from 1.4 billion to 3.6 billion at a CAGR of 19.7% during the forecast period. Increasing users and data-security initiatives by government, growing usage of mobile devices, and rising demand for robust fraud detection and prevention systems are major growth factors for the market. The growing demand for fast and secure users’ identification and regulatory compliances in healthcare to handle patient information with the utmost privacy and proper care would provide opportunities for vendors in the biometric-as-a-service market.
In the solution type, fingerprint scanning segment to hold the largest market size during the forecast period
The fingerprint scanning technology is currently being adopted in various industries, including BFSI, healthcare, government, and other industries. BFSI companies, including Bank of America, JPMorgan Chase, and Wells Fargo, have started adopting the fingerprint scanning technology on a large scale for securing transactions. Despite its numerous benefits, certain factors, such as the use of dirty or damaged fingers and aridity & wetness of digits used for authentication, are seen to have a significant impact in terms of accuracy of the fingerprint scanning technology.
In modality, multimodal segment to grow at a higher CAGR during the forecast period
Multimodal solutions are more secure as compared to unimodal solutions. Moreover, these systems are more accurate and are less prone to image matching and acquisition errors. Data acquisition errors, such as failure-to-acquire and failure-to-enroll, and data-matching errors measured in terms of false match rate, are lower in the case of multimodal authentication. Consequently, these systems are increasingly being adopted in all the industries and are gaining wide user acceptance.
North America to hold the largest market size during the forecast period
North America, a technologically advanced region with a high number of early adopters and the presence of major market players, is expected to contribute the highest market share in terms of revenues during the forecast period. Factors such as large-scale funded programs and employee access monitoring in buildings are driving the revenue growth in this region.
Major vendors in the global biometric-as-a-service market include Idemia (France), NEC (Japan), Thales (France), M2SYS (US), Fujitsu (Japan), Aware (US), Leidos (US), Nuance (US), Certisign (Brazil), HYPR (US), BioID (Germany), Ayonix (Japan), Phonexia (US), Lexis Nexis (US), Cognitec Systems (Germany), Iritech (US), Affectiva (US), Nviso (Switzerland), Fingerprints (Sweden), Bayometric (US), Google (US), Microsoft (US), IBM (US), Amazon (US), and Accenture (Ireland).
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Voice Biometrics Market 2027 Executive Summary, Segmentation, Review, Trends, Opportunities, Growth, Demand and Forecast
Voice Biometrics Market Overview:
The study covers the Voice Biometrics market most recent revenue and market trends. It stresses a market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Voice Biometrics Market, such as gross margin, cost, market share, capacity utilisation, and supply. It also aids in determining the future potential of Voice Biometrics Market in the next years. The report presents a market overview through common subjects that are highlighted with unique data based on the need. This overview aids in making decisions about how to approach the market and comprehending the industry's backdrop.
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Market Scope:
Key Market Trends & Challenges:
The study analyses the primary adoption trend impacting the Voice Biometrics industry as well as issues that may stymie its expansion. Understanding these elements is critical for product planning and design, as well as commercial strategies. To assist you understand the Voice Biometrics market, this study provides a full analysis of these trends and obstacles.
Market Statistics:
The report provides the market size and share of the Voice Biometrics market. It helps in understanding the market and the report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising and industry decision-making processes in the Voice Biometrics market.
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Key Players:
• Nuance Communications • NICE • Verint • Phonexia • Pindrop • AimBrain • Voice Biometrics Group • Aculab • Auraya • Uniphore • VoicePIN • LexisNexis Risk Solutions • LumenVox
The report examines the top players in the Voice Biometrics market in terms of their size, market share, market growth, revenue, production volume, and profitability. The research outlines which growth strategies are being used by key players, including strategic alliances, new product innovation, and so on. It tells you whether you're competing with only industry firms or with competitors who provide alternative solutions. The study helps you understand competitor pricing in the Voice Biometrics market so you can examine and build a pricing plan that works for your product. The competitive landscape is a significant feature of the Voice Biometrics industry that all key stakeholders in the industry should be aware of.
Regional Analysis:
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Voice Biometrics market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
COVID-19 Impact Analysis on Voice Biometrics Market:
The report has identified detailed impact of COVID-19 on Voice Biometrics market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Voice Biometrics market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.
Key Questions answered in the Voice Biometrics Market Report are:
Which product segment grabbed the largest share in the Voice Biometrics market?
How is the competitive scenario of the Voice Biometrics market?
Which are the key factors aiding the Voice Biometrics market growth?
Which region holds the maximum share in the Voice Biometrics market?
What will be the CAGR of the Voice Biometrics market during the forecast period?
Which application segment emerged as the leading segment in the Voice Biometrics market?
Which are the prominent players in the Voice Biometrics market?
What key trends are likely to emerge in the Voice Biometrics market in the coming years?
What will be the Voice Biometrics market size by 2027?
Which company held the largest share in the Voice Biometrics market?
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Biometrics technology supports to recognize and validate the identity of an individual through physiological or behavioral uniqueness. The voice biometrics technology recognizes a person without any physical contact through the help of the system. This is done by comparing the recorded voice of the person with previously stored data in the system of the same person. Various voice recorders are utilized for this purpose.
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Based on the end user, the healthcare and life sciences segment is anticipated to expand at a rapid pace during the forecast period as voice biometrics offers enhanced security with fewer false rejections, and has a simple sign up process that doesn’t require strenuous effort. By geography, North America is going to have high growth during the forecast period which can be attributed to the strong focus on research and development for technological advances and implementation of the same.
Some of the key players profiled in the Voice Biometrics Market include Voice Biometrics Group, Nuance Communications Inc, LexisNexis Risk Solutions Inc, Pindrop Security Inc, Auraya Systems Pty. Ltd, NICE Ltd, One Vault SA, VoicePIN.com Sp. z o.o., Verint Systems Inc, Uniphore Software Systems Pvt. Ltd, Aimbrain Solutions Ltd, Phonexia Ltd, Lumen Vox LLC (Voice Trust GmBH), Aculab Inc, and SESTEK.
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Voice Biometrics Market Research Report
Growth opportunities in the voice biometrics market look promising over the next six years. This is mainly due to the rising awareness about the advantages, which include enhancement of Know Your Customer (KYC) management and active & passive verification.
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Voice Biometrics Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The surging demand for fraud detection and prevention systems primarily across the Insurance (BFSI), Banking, and the Financial Services sector, along with the growing requirement of decreasing the identification and authentication cost, accounts to be the major drivers contributing to the growth of the global voice biometrics market. The augmentation in fraudulent activities is led by swift digitalization. The high-profile data thefts let the fraudsters acquire the banking credentials, thereby raising the need for the second or third level of security. Voice biometrics assists in recognizing the user by his/her voice.
The expanding consciousness towards various benefits proffered by these biometrics, including panic detection, automated calibration, strengthening the Know Your Customer (KYC) management, and active and passive authentication, is stimulating the market growth. For example, Barclays validated the caller's identity through the phase "My voice is my password," thus dropping the user verification time by 20 seconds. However, as per the voice biometrics market research, the safety and privacy obstacle caused by modern technology is obstructing market growth.
Component Segment Drivers
Based on the component, the software is predicted to witness a faster CAGR over the forecast period. This is mainly attributed to the expanding demand for easier, convenient, and quicker authentication. Furthermore, the growing implementation of online transactions and the escalating demand for a multi-layered security approach further contribute to voice biometrics market size.
Regional Drivers
Based on the regional coverage, North America is projected to lead the market over the forecast period. The financial industry has been influenced by the amplification in identity thefts related to the banking sector in the U.S. North American Free Trade Agreement (NAFTA), which has persuaded banks to employ advanced authentication services like voice biometrics overpower the probability of fraud. The major market players are progressively using this device to offer next-generation solutions. Visa and SiriusXM, in 2019, collaborated to launch a new in-vehicle payment solution that is secured by biometric authentication.
Voice Biometrics Market’s leading Manufacturers:
· Onevault
· Aculab
· Phonexia
· Pindop
· NICE
· Auraya
· VBG
· Lexisnexis Risk Solutions
· Verint
· Nuance Communications, Inc.
Voice Biometrics Market Segmentation:
Segmentation by Component
· Solutions
· Services
Segmentation by Type
· Active Voice Biometrics
· Passive Voice Biometrics
Segmentation by Authentication Process
· Automated VR
· Agent Assisted
· Mobile Applications
· Employee Authentication
Segmentation by Application
· Authentication And Customer Verification
· Forensic Voice Analysis And Criminal Investigation
· Fraud Detection And Prevention
· Risk And Emergency Management
· Transaction Processing
· Access Control
· Workforce Management
· Others
Segmentation by Organization Size
· Small And Medium-Sized Enterprises
· Large Enterprises
Segmentation by Deployment Mode
· Cloud
· On-Premises
Segmentation by Vertical
· Banking, Financial Services, And Insurance
· Retail and Ecommerce
· IT And Telecom
· Government and Defense
· Healthcare and Life Sciences
· Travel and Hospitality
· Transportation and Logistics
· Energy and Utilities
· Others
Segmentation by Region:
· North America
o United States of America
o Canada
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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Biometrics Technology Market Trends- Industry Analysis, Share, Growth, Product, Top Key Players and Forecast 2027
Global biometrics market will reach $139.6 billion by 2030, growing by 18.2% annually over 2020-2030 owing to the rising need for advanced biometrics technology amid the COVID-19 pandemic.
Highlighted with 88 tables and 104 figures, this 201-page report “Global Biometrics Market 2020-2030 by Offering, Product Type (Single-Factor, Multi-Factor), Mobility (Fixed, Mobile), Functionality, Deployment, End User, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global biometrics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.
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In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global biometrics market in every aspect of the classification from perspectives of Offering, Product Type, Mobility, Functionality, Deployment, End User, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
Hardware
• Readers
• Camera
• Scanners
• Other Hardware
Software
Service
Based on Product Type, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
Single-Factor Authentication
• Fingerprint Recognition (further segmented into AFIS and Non-AFIS)
• Voice Recognition
• Signature Recognition
• Iris Recognition
• Palm/Hand Recognition
• Face Recognition
• Vein Recognition
• DNA Recognition
• GAIT Recognition
• Other Technologies
Multi-Factor Authentication
• Pin with Biometrics
• Smart Card with Biometrics
• Multimodal Biometrics
Based on Mobility, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Fixed Biometrics
• Mobile Biometrics
Based on Functionality, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Contact Biometrics
• Noncontact Biometrics
• Combined Biometrics
Based on Deployment, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• On-Premise Biometrics
• On-Cloud Biometrics
Based on End User, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Government
• Travel
• BFSI
• Healthcare
• E-commerce & Retail
• Defense
• IT & Telecommunication
• Other End-Users
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• RoW (Saudi Arabia, UAE, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Product Type, Mobility, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global biometrics market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
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Key Players:
· Accenture PLC
· Assa Abloy AB
· Aware Inc.
· BioEnable Technologies Pvt. Ltd
· BioID Technology
· Bio-Key International, Inc.
· Cognitec Systems GmbH
· Fingerprint Cards Ab
· Fujitsu Limited
· Fulcrum Biometrics LLC
· Gemalto NV (Thales Group)
· IDEMIA France SAS
· ImageWare Systems Inc.
· IriTech Inc.
· Leidos Holdings Inc.
· M2SYS Technology
· NEC Corporation
· Neurotechnology
· Nuance Communications Inc.
· Phonexia SRO
· Precise Biometrics AB
· S.I.C. Biometrics Inc.
· Secunet Security Networks
· SmilePass
· VoiceVault Inc.
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Voice Biometrics Market by Component, Type (Active and Passive), Application (Authentication and Customer Verification, Transaction Processing), Authentication Process, Organization Size, Deployment Mode, Vertical, and Region - Global Forecast to 2026 published on
https://www.sandlerresearch.org/voice-biometrics-market-by-component-type-active-and-passive-application-authentication-and-customer-verification-transaction-processing-authentication-process-organization-size-deployment-m.html
Voice Biometrics Market by Component, Type (Active and Passive), Application (Authentication and Customer Verification, Transaction Processing), Authentication Process, Organization Size, Deployment Mode, Vertical, and Region - Global Forecast to 2026
“The increasing demand for robust fraud detection and prevention systems across the major industries to drive the growth of voice biometrics market.”
The global voice biometrics market size to grow from USD 1.1 billion in 2020 to USD 3.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period. Factors such as the increasing demand for robust fraud detection and prevention systems across the Banking, Financial Services, and Insurance (BFSI) industry and the need for reducing authentication and identification costs are driving the adoption of voice biometrics solutions across the world. Fraudulent activities have increased alarmingly with the advent of digitalization across the banking industry. Through high-profile data thefts, fraudsters with access to banking credentials may gain access to customers’ bank accounts, thus creating the need for second or third-level security in the whole financial authentication system. Voice biometrics caters to such needs of banks and financial agencies by smartly identifying a user based on his/her voiceprint.
The voice biometrics market is expected to witness a minor slowdown in 2020 due to the global lockdown. The COVID-19 pandemic has increased the churn rate and shuddered almost every industry. The lockdown is impacting global manufacturing, and supply chains and logistics as the continuity of operations for various sectors are badly impacted. The sectors facing the greatest drawbacks are manufacturing, transportation and logistics, and retail and consumer goods. The availability of the essential items has been impacted due to the lack of manpower to work on production lines, supply chains, and transportation, although the essential items are exempted from the lockdown. The condition is expected to come under control by early 2021, while the demand for voice biometrics solutions and services is expected to increase, which is due to the increased demand for enhanced customer experience and build a personalized relationship with the prospects. Several verticals are already planning to deploy a diverse array of voice biometrics solutions and services to enable digital transformation initiatives that address mission-critical processes, improve operations, and authenticate user’s identification. The reduction in operational costs, better customer experiences, fraud detection and prevention, enhanced authentication processes and operations, and improved real-time decision-making are the key business and operational priorities that are expected to drive the adoption of the voice identification market.
The services segment is expected to grow at a higher CAGR during the forecast period
The global voice biometrics market has been segmented by component. The component segment is further categorized into solutions and services. Based on the solutions segment, the market is divided into platform and software. The services segment is further divided into managed services and professional services. The services segment is anticipated to grow at a higher CAGR during the forecast period. The growth of the services segment is governed mainly by the complexity of operations and the surge in the deployment of voice biometrics solutions during the forecast period.
The active voice biometrics segment to grow at a higher CAGR during the forecast period
The global voice biometrics market is segmented on the baisis of type into into active voice biometrics and passive voice biometrics. The active voice biometrics segment is expected to at a higher CAGR during the forecast period. The ease of handling processes and the reduction in requirement of resources are expected to drive the demand for active voice biometrics solutions across the world.
The mobile applications segment to grow at a higher CAGR during the forecast period
The global voice biometrics market by authentication process is segmented into automated IVR, agent-assisted, mobile applications, and employee authentication. The market size of the mobile applications segment is expected to grow at the highest CAGR during the forecast period. The growth rate of the mobile applications segment can be attributed to the increasing usage of smartphones and the secure authentication process while enhancing the overall security.
The transaction processing segment to grow at a higher CAGR during the forecast period
The global voice biometrics market by applications is segmented into authentication and customer verification, forensic voice analysis and criminal investigation, fraud detection and prevention, risk and emergency management, transaction processing, access control, workforce management, and others (speech therapy, vocal passphrase, and personalized user experience). The market size of the transaction processing segment is expected at the highest CAGR during the forecast period. An increasing need for customer identity authentication across call centers is expected to spur the demand for voice biometrics solutions across the world.
Among verticals, the healthcare and life sciences segment to grow at the highest CAGR during the forecast period
The voice biometrics market is segmented into the various verticals, particularly verticals, such as BFSI, retail and eCommerce, government and defense, IT and telecom, healthcare and life sciences, transportation and logistics, travel and hospitality, energy and utilities, and others (manufacturing, education, and media and entertainment). The market size of the healthcare and life sciences vertical is expected to grow at the highest CAGR during the forecast period. Mandatory protection of sensitive data to boost the adoption of voice biometrics solutions in the healthcare and life sciences vertical.
APAC to grow at a higher CAGR during the forecast period
The voice biometrics market has been segmented into five regions: North America, Europe, APAC, MEA, and Latin America. Among these regions, North America is projected to hold the largest market size during the forecast period. APAC is expected to grow at the highest CAGR during the forecast period. The increasing demand for enhanced security for preventing criminal activities from enhancing the market growth in APAC.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the voice biometrics market.
By Company: Tier I: 34%, Tier II: 43%, and Tier III: 23%
By Designation: C-Level Executives: 50%, Directors: 30%, and Others: 20%
By Region: North America: 25%, APAC: 30%, Europe: 30%, MEA: 10%, and Latin America: 5%
The report includes the study of key players offering voice biometrics solutions and services. It profiles major vendors in the global voice biometrics market. The major vendors in the global voice biometrics market are include Nuance (US), NICE (Israel), Verint (US), Pindrop (US), LexisNexis Risk Solutions (US), Phonexia (Czech Republic), VBG (US), Aculab (UK), Auraya (Australia), OneVault (South Africa), Aware (US), SpeechPro (US), LumenVox (US), Uniphore (India), SESTEK (Turkey), VoicePIN (Poland), QSS Technosoft (India), Voxta (India) Interactions (US), ID R&D (US), Kaizen Secure Voiz (US), HYPR (US), Element (US), Trust Stamp (US), and AnyVision (Israel).
Research Coverage
The market study covers the voice biometrics market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, type, application, organization size, deployment mode, vertical, and regions. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall voice biometrics market and its sub segments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
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Software Geomedia: Liberando el poder de los datos espaciales
En el mundo actual impulsado por los datos, la capacidad de aprovechar el poder de los datos espaciales se ha vuelto cada vez más crucial en diversas industrias. El software Geomedia está a la vanguardia de esta revolución tecnológica, ofreciendo herramientas y funcionalidades avanzadas para analizar, visualizar e interpretar información espacial. Entre los principales proveedores de soluciones de software Geomedia se encuentra DECSEF SISTEMAS, una empresa dedicada a dotar a empresas y organizaciones de inteligencia espacial de vanguardia.
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Biometric-as-a-Service Market Innovations, Technology Growth and Research -2025
The report "Biometric-as-a-Service Market Forecast by Offering, Solution (Fingerprint Recognition, Iris Recognition, Voice Recognition, Palm & Vein Recognition), Trait (Physiological, Behavioral), Modality, Organization Size, Vertical, Region-Global Forecast to 2025" size to grow from USD 1.5 billion in 2020 to USD 3.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.7% and post COVID-19 market size is expected to grow from 1.4 billion to 3.6 billion at a CAGR of 19.7% during the forecast period. Increasing users and data-security initiatives by government, growing usage of mobile devices, and rising demand for robust fraud detection and prevention systems are major growth factors for the market. The growing demand for fast and secure users’ identification and regulatory compliances in healthcare to handle patient information with the utmost privacy and proper care would provide opportunities for vendors in the biometric-as-a-service market.
In the solution type, fingerprint scanning segment to hold the largest market size during the forecast period
The fingerprint scanning technology is currently being adopted in various industries, including BFSI, healthcare, government, and other industries. BFSI companies, including Bank of America, JPMorgan Chase, and Wells Fargo, have started adopting the fingerprint scanning technology on a large scale for securing transactions. Despite its numerous benefits, certain factors, such as the use of dirty or damaged fingers and aridity & wetness of digits used for authentication, are seen to have a significant impact in terms of accuracy of the fingerprint scanning technology.
In modality, multimodal segment to grow at a higher CAGR during the forecast period
Multimodal solutions are more secure as compared to unimodal solutions. Moreover, these systems are more accurate and are less prone to image matching and acquisition errors. Data acquisition errors, such as failure-to-acquire and failure-to-enroll, and data-matching errors measured in terms of false match rate, are lower in the case of multimodal authentication. Consequently, these systems are increasingly being adopted in all the industries and are gaining wide user acceptance.
North America to hold the largest market size during the forecast period
North America, a technologically advanced region with a high number of early adopters and the presence of major market players, is expected to contribute the highest market share in terms of revenues during the forecast period. Factors such as large-scale funded programs and employee access monitoring in buildings are driving the revenue growth in this region.
Major vendors in the global biometric-as-a-service market include Idemia (France), NEC (Japan), Thales (France), M2SYS (US), Fujitsu (Japan), Aware (US), Leidos (US), Nuance (US), Certisign (Brazil), HYPR (US), BioID (Germany), Ayonix (Japan), Phonexia (US), Lexis Nexis (US), Cognitec Systems (Germany), Iritech (US), Affectiva (US), Nviso (Switzerland), Fingerprints (Sweden), Bayometric (US), Google (US), Microsoft (US), IBM (US), Amazon (US), and Accenture (Ireland).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 [email protected]
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Global Voice Biometric Solutions Market -Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2026
Summary – A new market study, titled "Global Voice Biometric Solutions Market -Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2026" has been featured on WiseGuyReports.
This report focuses on the global Voice Biometric Solutions status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Voice Biometric Solutions development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
Also read – https://industrytoday.co.uk/it/global-voice-biometric-solutions-market-2020-2026-top-companies--nice--verint-systems--phonexia--pindrop--speechpro--sensory-and-more---
The key players covered in this study
Nuance Communications
Synaptics
NICE
Verint Systems
Phonexia
Pindrop
SpeechPro
Sensory
SinoVoice
Daon
Uniphore
Aculab
LumenVox
Interactions
Auraya Systems
Sestek
Market segment by Type, the product can be split into
Automatic Speech Recognition Software
Speech-To-Text Systems
Automatic Speech Recognition Software type accounts for 75% at most
Market segment by Application, split into
Consumer Electronics
BFSI
IT & Telecom
Healthcare
Consumer electronics are the most widely used and accounted for the most
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Voice Biometric Solutions status, future forecast, growth opportunity, key market and key players.
To present the Voice Biometric Solutions development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Voice Biometric Solutions are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Abrazando El Futuro: Ascenso De La Biometría De Voz en La Seguridad Contemporánea
En el ámbito de la tecnología en rápida evolución, las empresas siempre buscan enfoques novedosos para reforzar los protocolos de seguridad y optimizar los flujos de trabajo. La biometría vocal es una de esas tecnologías innovadoras que está causando revuelo.
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Voice Biometrics Market 2019: Rising with Immense Development Trends across the Globe by 2026
Rapid urbanization and digitization, parallel growth of industries like BFSI, IT & Telecom, the advent of technologies like ML, AI and cloud services, rise in the number of interface points, increasing number of cyber-attacks and malware, research and constant innovation are some of the factors driving the Voice Biometrics market.
This market intelligence study curates an exhaustive database of industrial essentials for formulating favourable strategies. A thorough investigation of the value chain and the distribution channel is provided in this study by business professionals. The Voice Biometrics Market study offers detailed information pertaining to the extent and application of the market, which helps better understand the global sector. This report on the Global Voice Biometrics Market discusses several growth prospects, including the industry sectors, current trends, up-to-date outlines, driving factors, and hurdles, overall offering market projections for the coming years.
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Major Key Players of the Voice Biometrics Market are: Google, Facebook, Amazon, Apple, Nuance Communications, NICE, AimBrain, Voice Biometrics Group, Verint, OneVault, LumenVox, Phonexia, Uniphore, VoicePIN, Auraya, LexisNexis Risk Solutions Sestek, VoiceVault, Inc, Raytheon Company.
Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the Voice Biometrics market on the basis of Application, component type, deployment type, size type, end user industry and region:
Application (Revenue in USD Million; 2016–2026)
Forensic Voice Analysis
Access Security
Payments
Others (Vocal Passphrase etc.)
Authentication and Fraud detection
Customer Verification
Transaction Processing
Speech enabled password reset
Component type (Revenue in USD Million; 2016–2026)
Software
Services
Deployment type (Revenue in USD Million; 2016–2026)
On-Premises
Cloud
Size type (Revenue in USD Million; 2016–2026)
Large Enterprises
Small and Medium Scale Enterprises
End User Industry (Revenue in USD Million; 2016–2026)
Government
Banking and Finance
Consumer Electronics
Healthcare
Transport/Logistics
Defence & Security
Others
The Voice Biometrics market is heavily consolidated owing to a large number of global, regional, and local key contenders having already established a significant footing. The key participants dominate the operations in the industry with their extensive geographical coverage and huge production facilities. Players operating in this market are in intense competition in terms of technological innovations, product development, and product pricing. To gain a competitive edge over the other competitors in the Voice Biometrics industry, the leading players are focusing more on ways to offer products at attractive prices.
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Regional Voice Biometrics Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
What are the market factors that are explained in the report?
1. Market dynamics: The Voice Biometrics5 report also assesses the various commercial possibilities that are expected to be revealed in the near future and the positive revenue forecasts in the years ahead. It also studies the key markets and explores different geographies where the industry is established.
2. Competitive Market Share: The key players focus their operations in the sector in select regions, owing to their robust geographic reach and huge production facilities. Players operating in this market are in intense competition in terms of technological advancements, product development, and product pricing. To gain a competitive upper hand over the other rivals in the Voice Biometrics industry, the prominent players are focusing more on offering products at reasonable prices.
3. The Goal of The Report: The main objective of this research study is to provide a holistic overview and a better interpretation of market aspects to producers, suppliers, and distributors. The readers can get profound insights into this market that will allow them to formulate and develop critical strategies to bring about the desired business expansion.
4. Feature of the report:
The report studies the key factors affecting the market:
The various opportunities in the market.
To study the overall size of the market and deduce industry trends from this analysis.
To inspect the market based on the product, market share, and product share.
To analyze the market on the basis of end-users and applications focused on the growth rate of each application segment.
To get a detailed Table of Content, Visit Here@ https://www.reportsanddata.com/report-detail/voice-biometrics-market
Reasons to Purchase Voice Biometrics Market Report:
1. Current and future progression of Voice Biometrics products in the developed and emerging markets.
2. The segments that are estimated to control the future growth of the Voice Biometrics market.
3. Regions that are expected to undergo the fastest growth during the forecast years.
4. Identify the recent developments, Voice Biometrics market shares, and lucrative strategies deployed by the prominent market contenders.
Moreover, the research report mentions the leading players in the global Voice Biometrics market. Their critical marketing approaches and advertising enterprise have been underlined to offer a clear outlook of the Voice Biometrics market.
#Voice Biometrics market Trends#Voice Biometrics Market Size#Voice Biometrics Market growth#Voice Biometrics Market Analysis#Voice Biometrics Market Demand#Voice Biometrics Market Forecast
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Biometric-as-a-Service Market Strategy and Remarkable Growth Rate By 2025
The report "Biometric-as-a-Service Market Trends by Offering, Solution (Fingerprint Recognition, Iris Recognition, Voice Recognition, Palm & Vein Recognition), Trait (Physiological, Behavioral), Modality, Organization Size, Vertical, Region-Global Forecast to 2025" size to grow from USD 1.5 billion in 2020 to USD 3.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.7% and post COVID-19 market size is expected to grow from 1.4 billion to 3.6 billion at a CAGR of 19.7% during the forecast period. Increasing users and data-security initiatives by government, growing usage of mobile devices, and rising demand for robust fraud detection and prevention systems are major growth factors for the market. The growing demand for fast and secure users’ identification and regulatory compliances in healthcare to handle patient information with the utmost privacy and proper care would provide opportunities for vendors in the biometric-as-a-service market.
In the solution type, fingerprint scanning segment to hold the largest market size during the forecast period
The fingerprint scanning technology is currently being adopted in various industries, including BFSI, healthcare, government, and other industries. BFSI companies, including Bank of America, JPMorgan Chase, and Wells Fargo, have started adopting the fingerprint scanning technology on a large scale for securing transactions. Despite its numerous benefits, certain factors, such as the use of dirty or damaged fingers and aridity & wetness of digits used for authentication, are seen to have a significant impact in terms of accuracy of the fingerprint scanning technology.
In modality, multimodal segment to grow at a higher CAGR during the forecast period
Multimodal solutions are more secure as compared to unimodal solutions. Moreover, these systems are more accurate and are less prone to image matching and acquisition errors. Data acquisition errors, such as failure-to-acquire and failure-to-enroll, and data-matching errors measured in terms of false match rate, are lower in the case of multimodal authentication. Consequently, these systems are increasingly being adopted in all the industries and are gaining wide user acceptance.
North America to hold the largest market size during the forecast period
North America, a technologically advanced region with a high number of early adopters and the presence of major market players, is expected to contribute the highest market share in terms of revenues during the forecast period. Factors such as large-scale funded programs and employee access monitoring in buildings are driving the revenue growth in this region.
Major vendors in the global biometric-as-a-service market include Idemia (France), NEC (Japan), Thales (France), M2SYS (US), Fujitsu (Japan), Aware (US), Leidos (US), Nuance (US), Certisign (Brazil), HYPR (US), BioID (Germany), Ayonix (Japan), Phonexia (US), Lexis Nexis (US), Cognitec Systems (Germany), Iritech (US), Affectiva (US), Nviso (Switzerland), Fingerprints (Sweden), Bayometric (US), Google (US), Microsoft (US), IBM (US), Amazon (US), and Accenture (Ireland).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 [email protected]
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Voice Biometric Solutions Market 2020 Industry Growth, Share, Trends, Demand, Analysis and Forecast to 2025
According to this study, over the next five years the Voice Biometric Solutions market will register a 7.7% CAGR in terms of revenue, the global market size will reach $ 4309 million by 2025, from $ 3205.4 million in 2019. In particular, this report presents the global revenue market share of key companies in Voice Biometric Solutions business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Voice Biometric Solutions market by type, application, key companies and key regions.
This study considers the Voice Biometric Solutions value generated from the sales of the following segments:
Segmentation by type: breakdown data from 2015 to 2020 in Section 2.3; and forecast to 2025 in section 10.7. Automatic Speech Recognition Software Speech-To-Text Systems Automatic Speech Recognition Software type accounts for 75% at most
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Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2025 in section 10.8. Consumer Electronics BFSI IT & Telecom Healthcare Consumer electronics are the most widely used and accounted for the most
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8. Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3. Nuance Communications Daon Synaptics Verint Systems Phonexia NICE Sensory Pindrop SinoVoice SpeechPro Sestek Uniphore Interactions LumenVox Auraya Systems Aculab
Table of Contents 1 Scope of the Report
2 Executive Summary
3 Global Voice Biometric Solutions by Players
4 Voice Biometric Solutions by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Voice Biometric Solutions Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
……Continued
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Voice Biometrics Market Dynamics, Types, Applications And Forecast To 2026
The latest market intelligence study on the Voice Biometrics market covers the performance of both the key vendors and new entrants for the forecast period, 2019 - 2026. Estimated value, profits, gross margin, spending power and consumption volume form an important part of the study that aims at offering the business owners, stakeholders, and marketing personnel a competitive edge over others. Importantly, the study discusses a lot about, the product application, classification and performance across different regions. The industry assessment report weighs upon the top performers and also the winning strategies that have enabled them to occupy a strong foothold in the Voice Biometrics market.
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Companies considered and profiled in this market study
Google, Facebook, Amazon, Apple, Nuance Communications, NICE, AimBrain, Voice Biometrics Group, Verint, OneVault, LumenVox, Phonexia, Uniphore, VoicePIN, Auraya, LexisNexis Risk Solutions Sestek, VoiceVault, Inc, Raytheon Company.
Scope of the Report:
The industry evaluation report offers a snapshot of the technology trends in the Voice Biometrics industry for the forecast period, 2019 - 2026. Projected data on intangible aspects such an import and export status, supply chain management, distribution channel, consumption capability and production capacity are explained through resources including tables, charts, and graphic images. Analysis of both the strengths and weaknesses of the key market players help business owners understand the strategies they should avoid and endorse.
Segments covered in the report:
Application (Revenue in USD Million; 2016–2026)
Authentication and Fraud detection
Customer Verification
Transaction Processing
Speech enabled password reset
Component type (Revenue in USD Million; 2016–2026)
Software
Services
Deployment type (Revenue in USD Million; 2016–2026)
On-Premises
Cloud
Size type (Revenue in USD Million; 2016–2026)
Large Enterprises
Small and Medium Scale Enterprises
Browse Full Report Description at: https://www.reportsanddata.com/report-detail/voice-biometrics-market
End User Industry (Revenue in USD Million; 2016–2026)
Government
BFSI
Consumer Electronics
Healthcare
Transport/Logistics
Defence & Security
Others
Regional Outlook (Revenue in USD Million; 2016–2026)
U.S.
Canada
Germany
France
UK
Spain
Italy
Rest of the Europe
China
India
Japan
Rest of Asia-Pacific
Brazil
Qualitative approach to examine the industry standards, regulations and opportunities prominent vendors can bank on says a lot about the Voice Biometrics market position in years to come. Researchers behind the study brings in the best of both primary and secondary research techniques in order to obtain market specific estimates for recent investments, product sales, profit and gross margin. These values that mainly based on the total revenue garnered by the product manufacturers are explained through various resources such as illustrations.
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#Voice Biometrics Market#Voice Biometrics Market size#Voice Biometrics Market share#Voice Biometrics Market trends
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