North America Voice Biometrics Market Size- By Component, By Type, By Authentication Process, By Application, By Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
North America Voice Biometrics Market Introduction and Overview
According to SPER market research, North America Voice Biometrics Market Size- By Component, By Type, By Authentication Process, By Application, By Vertical – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the North America Voice Biometrics Market is predicted to reach USD 4.5 Billion by 2033 with a CAGR of 20.1%.
The way artificial intelligence (AI)-driven voice biometrics technology functions is by making sure that a user’s distinct voice (during a live, natural language conversation) is instantly compared with a voiceprint that has been captured in a database depending on different criteria during the talk. Consequently, since no static data is required for the transaction that may be recorded, it is very difficult for a fraudster to hack the solution and gain access to someone’s account or profile.
Voice biometrics are becoming more widely used as a result of the COVID-19 pandemic, as businesses look for safe and contactless authentication solutions. The market for voice biometrics is expanding due to a rise in demand for remote identity verification solutions. The US, Canada, and Mexico make up the three countries that make up the North American voice biometrics market. In addition, the US controlled the market.
Scope of the Report:Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Component, By Type, By Authentication Process, By Application, By Vertical
Regions covered Canada, Mexico, US and rest of North America
Companies CoveredAimBrain Solutions Limited, LexisNexis Risk Solutions Inc., LumenVox LLC., NICE Ltd., Nuance Communications Inc., Phonexia, Uniphore Software Solutions Pvt. Ltd., Verint Systems Inc., Voice Biometrics Group, VoicePin.com, Others
North America Voice Biometrics Market SegmentationBy Component:Based on the Component, North America Voice Biometrics Market is segmented as; Services, Solution.
By Type:Based on the Type, North America Voice Biometrics Market is segmented as; Active Voice Biometrics, Passive Voice Biometrics.
By Authentication Process:Based on the Authentication Process, North America Voice Biometrics Market is segmented as; Agent-assisted, Automated IVR, Employee Authentication, Mobile Application.