Voice Biometrics Market, Global Outlook and Forecast 2023-2030

The global Voice Biometrics market was valued at US$ 1467.4 million in 2022 and is projected to reach US$ 4985.8 million by 2030, at a CAGR of 19.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

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This report aims to provide a comprehensive presentation of the global market for Voice Biometrics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Voice Biometrics. This report contains market size and forecasts of Voice Biometrics in global, including the following market information:

Global Voice Biometrics Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global top five companies in 2022 (%)

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.

We surveyed the Voice Biometrics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Voice Biometrics Market, by Type, 2018-2023, 2024-2030 ($ millions)

Global Voice Biometrics Market Segment Percentages, by Type, 2022 (%)

• Hardware

• Software

Global Voice Biometrics Market, by Application, 2018-2023, 2024-2030 ($ millions)

Global Voice Biometrics Market Segment Percentages, by Application, 2022 (%)

• Automotive

• Banking and Financial Service

• Government Agency

• Healthcare Industry

• Mobile devices

Global Voice Biometrics Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)

Global Voice Biometrics Market Segment Percentages, By Region and Country, 2022 (%)

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

• The Middle East and Africa (Middle East, Africa)

• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Voice Biometrics revenues in global market, 2018-2023 (estimated), ($ millions)

• Key companies Voice Biometrics revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Agnitio

• American Safety Council

• Bioid

• Nuance Communications

• OneValult

Outline of Major Chapters:

Chapter 1: Introduces the definition of Voice Biometrics, market overview.

Chapter 2: Global Voice Biometrics market size in revenue.

Chapter 3: Detailed analysis of Voice Biometrics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5: 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 6: Sales of Voice Biometrics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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