Global Voice Biometrics Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	170 Pages	TechNavio	August, 2023	INF18180444

Best Price Guarantee
Price	from $2,500
Length	170 Pages
Publisher	TechNavio
Published Date	August, 2023
SKU	INF18180444

Global Voice Recognition Biometrics Market 2023-2027

The voice recognition biometrics market is forecasted to grow by USD 2887.55 mn during 2022-2027, accelerating at a CAGR of 18.48% during the forecast period. The report on the voice recognition biometrics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising prominence of voice biometrics in BFSI sector, increasing adoption of technology in healthcare sector, and popularity of voice recognition among law enforcement.

Technavio's voice recognition biometrics market is segmented as below:

By Type

Active voice biometrics
Passive voice biometrics

By End-user

BFSI
Government
Telecommunication
Healthcare
Others

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the introduction of voice biometrics in automotive sector as one of the prime reasons driving the voice recognition biometrics market growth during the next few years. Also, introduction of voice recognition in multi-modal biometrics and introduction of voice biometrics in wearables will lead to sizable demand in the market.

The report on the voice recognition biometrics market covers the following areas:

Voice recognition biometrics market sizing
Voice recognition biometrics market forecast
Voice recognition biometrics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading voice recognition biometrics market vendors that include Aculab Plc, Auraya Systems Pty. Ltd., Aware Inc., Imageware Systems Inc., Kaizen Voiz, LumenVox GmbH, Microsoft Corp., Mitek Systems Inc., NICE Ltd., OneVault Pty. Ltd., Phonexia Sro, Pindrop Security Inc., Sensory Inc., Speech Technology Center Ltd., Optimal Technology Solutions LLC, ValidSoft Group, Verint Systems Inc., Voice Biometrics Group, VoicePIN.com Sp zoo, and Voxta. Also, the voice recognition biometrics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global voice biometrics market 2017 - 2021
  - Table Historic Market Size – Data Table on global voice biometrics market 2017 - 2021 ($ million)
- Type Segment Analysis 2017 - 2021
  - Table Historic Market Size – Type Segment 2017 - 2021 ($ million)
- End-user Segment Analysis 2017 - 2021
  - Table Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2022-2027 (%)
  - Table Data Table on Type - Market share 2022-2027 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Active voice biometrics - Market size and forecast 2022- 2027
  - Table Chart on Active voice biometrics - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Active voice biometrics - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Active voice biometrics - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Active voice biometrics - Year-over-year growth 2022-2027 (%)
- Passive voice biometrics - Market size and forecast 2022-2027
  - Table Chart on Passive voice biometrics - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Passive voice biometrics - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Passive voice biometrics - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Passive voice biometrics - Year-over-year growth 2022-2027 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2022-2027 (%)
  - Table Data Table on End-user - Market share 2022-2027 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- BFSI - Market size and forecast 2022-2027
  - Table Chart on BFSI - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
  - Table Chart on BFSI - Year-over-year growth 2022-2027 (%)
  - Table Data Table on BFSI - Year-over-year growth 2022-2027 (%)
- Government - Market size and forecast 2022-2027
  - Table Chart on Government - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Government - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Government - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Government - Year-over-year growth 2022-2027 (%)
- Telecommunication - Market size and forecast 2022- 2027
  - Table Chart on Telecommunication - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Telecommunication - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Telecommunication - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Telecommunication - Year-over-year growth 2022-2027 (%)
- Healthcare - Market size and forecast 2022-2027
  - Table Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Healthcare - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ million)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on China - Market size and forecast 2022-2027 ($ million)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- UK - Market size and forecast 2022-2027
  - Table Chart on UK - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on UK - Market size and forecast 2022-2027 ($ million)
  - Table Chart on UK - Year-over-year growth 2022-2027 (%)
  - Table Data Table on UK - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Rising prominence of voice biometrics in BFSI sector
  - Increasing adoption of technology in healthcare sector
  - Popularity of voice recognition among law enforcement
- Market challenges
  - Lack of accuracy of access control passwords
  - Lack of standardization among voice biometric solutions
  - Vulnerability of biometric systems
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Introduction of voice biometrics in automotive sector
  - Introduction of voice recognition in multi-modal biometrics
  - Introduction of voice biometrics in wearables
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Auraya Systems Pty. Ltd.
  - Table Auraya Systems Pty. Ltd. - Overview
  - Table Auraya Systems Pty. Ltd. - Product / Service
  - Table Auraya Systems Pty. Ltd. - Key offerings
- Aware Inc.
  - Table Aware Inc. - Overview
  - Table Aware Inc. - Product / Service
  - Table Aware Inc. - Key offerings
- LumenVox GmbH
  - Table LumenVox GmbH - Overview
  - Table LumenVox GmbH - Product / Service
  - Table LumenVox GmbH - Key offerings
- Microsoft Corp.
  - Table Microsoft Corp. - Overview
  - Table Microsoft Corp. - Business segments
  - Table Microsoft Corp. - Key news
  - Table Microsoft Corp. - Key offerings
  - Table Microsoft Corp. - Segment focus
- Mitek Systems Inc.
  - Table Mitek Systems Inc. - Overview
  - Table Mitek Systems Inc. - Product / Service
  - Table Mitek Systems Inc. - Key news
  - Table Mitek Systems Inc. - Key offerings
- NICE Ltd.
  - Table NICE Ltd. - Overview
  - Table NICE Ltd. - Business segments
  - Table NICE Ltd. - Key news
  - Table NICE Ltd. - Key offerings
  - Table NICE Ltd. - Segment focus
- OneVault Pty. Ltd.
  - Table OneVault Pty. Ltd. - Overview
  - Table OneVault Pty. Ltd. - Product / Service
  - Table OneVault Pty. Ltd. - Key offerings
- Optimal Technology Solutions LLC
  - Table Optimal Technology Solutions LLC - Overview
  - Table Optimal Technology Solutions LLC - Product / Service
  - Table Optimal Technology Solutions LLC - Key offerings
- Phonexia Sro
  - Table Phonexia Sro - Overview
  - Table Phonexia Sro - Product / Service
  - Table Phonexia Sro - Key offerings
- Pindrop Security Inc.
  - Table Pindrop Security Inc. - Overview
  - Table Pindrop Security Inc. - Product / Service
  - Table Pindrop Security Inc. - Key offerings
- Sensory Inc.
  - Table Sensory Inc. - Overview
  - Table Sensory Inc. - Product / Service
  - Table Sensory Inc. - Key offerings
- Speech Technology Center Ltd.
  - Table Speech Technology Center Ltd. - Overview
  - Table Speech Technology Center Ltd. - Product / Service
  - Table Speech Technology Center Ltd. - Key offerings
- ValidSoft Group
  - Table ValidSoft Group - Overview
  - Table ValidSoft Group - Product / Service
  - Table ValidSoft Group - Key offerings
- Verint Systems Inc.
  - Table Verint Systems Inc. - Overview
  - Table Verint Systems Inc. - Product / Service
  - Table Verint Systems Inc. - Key offerings
- Voice Biometrics Group
  - Table Voice Biometrics Group - Overview
  - Table Voice Biometrics Group - Product / Service
  - Table Voice Biometrics Group - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations