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Voice Biometrics Market to grow at 23.70%+ CAGR to Hit USD 0.7 Billion by 2026

The Voice Biometrics Market research report delivers a comprehensive analysis on the newest market drivers. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the competitive spectrum and growth trends embraced by leading manufacturers in the business.

Global Voice Biometrics Market is valued approximately USD 0.7 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 23.70% over the forecast period 2019-2026. Voice biometrics or biometrics authentication uses unique biological characteristics for uniquely verifying user’s identity.

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The Voice Biometrics Market competitive factors leading to heavy market demand and development scope is analysed thoroughly. Also, a special focus on distributors, manufacturers, traders and suppliers is provided. The 5-year forecast industry scenario will gauge the Voice Biometrics Market industry potential. The market worth, volume and utilization forecast by locale, type and application is depicted in the study. Up-to-date qualitative and quantitative market aspects with sales numbers are presented. Also, the detailed analysis of past performance of Voice Biometrics Market market and business-related moves with the present scenario is studied.

Furthermore, biometric authentication is hard to spoof, and password cannot be easily lost or stolen. Increasing demand for fraud detection system to control cybercrime cases would fuel the market growth over the forecast period. For instance, as per Comparitech report in 2018, around 700 million people were affected by cybercrime, additionally, by 2021 cybercrime would cost around USD 6 trillion annually. Thus, rising cybercrimes and its related loss would fuel the market growth in the coming years.

The regional analysis of global Voice Biometrics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing economies including United States and Canada. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising research and development in fraud detection system would create lucrative growth prospects for the Voice Biometrics market across Asia-Pacific region.

Major market player included in this report are:
Nuance Communications
NICE
Verint
Phonexia
Pindrop
AimBrain
Voice Biometrics Group
Aculab
Auraya
Uniphore
VoicePIN
LexisNexis Risk Solutions
LumenVox
OneVault
SESTEK

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Software
Services
By Application:
Access Control and Authentication
Fraud Detection and Prevention
Forensic Voice Analysis and Criminal Investigation
Others

By Type:
Active Voice Biometrics
Passive Voice Biometrics

By Organization Size:
Small and Medium-Sized Enterprises
Large Enterprises

By Deployment Model:
Cloud
On-Premises
By Industry Vertical:
Banking, Financial Services, and Insurance
Retail and eCommerce
Telecommunications and IT
Government and Defense

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Voice Biometrics Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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The foremost points are labelled in detail which are covered in this Voice Biometrics Market Report: –

Market Overview: Scope & Product Overview, Classification of Mechanical Press Brake by Product Category (Market Size (Sales), Market Share Comparison by Type (Product Category)), Voice Biometrics Market by Application/End Users (Sales (Volume) and Market Share Comparison by Application), Market by Region (Market Size (Value) Comparison by Region, Status and Prospect

Voice Biometrics Market by Manufacturing Cost Analysis: Key Raw Materials Analysis, Price Trend of Key Raw Materials, Key Suppliers of Raw Materials, Market Concentration Rate of Raw Materials, Proportion of Manufacturing Cost Structure (Raw Materials, Labor Cost), Manufacturing Process Analysis

Mechanical Press Brake Players/Suppliers Profiles and Sales Data: Company, Company Basic Information, Manufacturing Base and Competitors, Product Category, Application and Specification with Sales, Revenue, Price and Gross Margin, Main Business/Business Overview.

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)
1.3.1. Voice Biometrics Market, by Component, 2016-2026 (USD Billion)
1.3.2. Voice Biometrics Market, by Application, 2016-2026 (USD Billion)
1.3.3. Voice Biometrics Market, by Type, 2016-2026 (USD Billion)
1.3.4. Voice Biometrics Market, by Organization Size, 2016-2026 (USD Billion)
1.3.5. Voice Biometrics Market, by Deployment Model, 2016-2026 (USD Billion)
1.3.6. Voice Biometrics Market, by Industry Vertical, 2016-2026 (USD Billion)
1.3.7. Voice Biometrics Market, by Region, 2016-2026 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Voice Biometrics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Voice Biometrics Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

Chapter 4. Global Voice Biometrics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Key Buying Criteria (On Demand)
4.4. Regulatory Framework (On Demand)
4.5. Investment Vs Adoption Scenario (On Demand)
4.6. Analyst Recommendation & Conclusion

Chapter 5. Global Voice Biometrics Market, by Component
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Voice Biometrics Market, Sub Segment Analysis
5.3.1. Software
5.3.1.1. Market estimates & forecasts, 2016-2026 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.3.2. Components
5.3.2.1. Market estimates & forecasts, 2016-2026 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)

Chapter 6. Global Voice Biometrics Market, by Application
6.1. Market Snapshot
6.2. Market Performance – Potential Model
6.3. Voice Biometrics Market, Sub Segment Analysis
6.3.1. Access Control and Authentication
6.3.1.1. Market estimates & forecasts, 2016-2026 (USD Billion)
6.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.3.2. Fraud Detection and Prevention
6.3.2.1. Market estimates & forecasts, 2016-2026 (USD Billion)
6.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.3.3. Forensic Voice Analysis and Criminal Investigation
6.3.3.1. Market estimates & forecasts, 2016-2026 (USD Billion)
6.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.3.4. Others
6.3.4.1. Market estimates & forecasts, 2016-2026 (USD Billion)
6.3.4.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)

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