Global Face and Voice Biometrics Market Growth (Status and Outlook) 2023-2029

Global Face and Voice Biometrics Market Growth (Status and Outlook) 2023-2029

Biometrics is the technical term for body measurements and calculations. It refers to metrics related to human characteristics. Biometrics authentication (or realistic authentication) is used in computer science as a form of identification and access control. It is also used to identify individuals in groups that are under surveillance.

LPI (LP Information)' newest research report, the “Face and Voice Biometrics Industry Forecast” looks at past sales and reviews total world Face and Voice Biometrics sales in 2022, providing a comprehensive analysis by region and market sector of projected Face and Voice Biometrics sales for 2023 through 2029. With Face and Voice Biometrics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Face and Voice Biometrics industry.

This Insight Report provides a comprehensive analysis of the global Face and Voice Biometrics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Face and Voice Biometrics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Face and Voice Biometrics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Face and Voice Biometrics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Face and Voice Biometrics.

The global Face and Voice Biometrics market size is projected to grow from US$ 5179 million in 2022 to US$ 10710 million in 2029; it is expected to grow at a CAGR of 10.9% from 2023 to 2029.

The U.S. is anticipated to be the most attractive market in the North America face and voice biometric market throughout the course of the forecast period in terms of value. However, Canada should witness a high CAGR of 13% during the study period.

This report presents a comprehensive overview, market shares, and growth opportunities of Face and Voice Biometrics market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Face Biometrics
Voice Biometrics

Segmentation by application
Banking, Financial Services & Insurance (BFSI)
Government & Law Enforcement
Military & Defense
Healthcare
Commercial
IT & Telecom
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M Cogent (USA)
NEC Corporation of America (USA)
AcSys Biometrics Corp. (Canada)
AGNITiO S.L. (Spain)
Cognitec Systems GmbH (Germany)
Nuance Communications(USA)
Eurotech S.P.A (Italy)
Ivrnet Inc. (Canada)
Kimaldi Electronics, S.L. (Spain)
National Security Resources (USA)
Neurotechnology (Lithuania)
PSP Security Co. Ltd (Hong Kong)
SAFRAN Group (France)
Sensible Vision (USA)
Sensory(USA)
Suprema(Korea)
VoiceTrust eServices(Canada)
VoiceVault(USA)

Please note: The report will take approximately 2 business days to prepare and deliver.