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Voice Biometrics - Global Market Outlook (2020-2028)

July 2021 | 150 pages | ID: V06E67981F17EN
Stratistics Market Research Consulting

US$ 4,150.00

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According to Stratistics MRC, the Global Voice Biometrics Market is accounted for $1.10 billion in 2020 and is expected to reach $4.99 billion by 2028 growing at a CAGR of 20.8% during the forecast period. Factors such as rising threat to security, growing demand for voice authentication, and growing need to reduce authentication costs are driving the growth of the market. However, high cost and privacy concerns are hampering the growth of the market.

Biometrics technology supports to recognize and validate the identity of an individual through physiological or behavioral uniqueness. The voice biometrics technology recognizes a person without any physical contact through the help of the system. This is done by comparing the recorded voice of the person with previously stored data in the system of the same person. Various voice recorders are utilized for this purpose.

Based on the end user, the healthcare and life sciences segment is anticipated to expand at a rapid pace during the forecast period as voice biometrics offers enhanced security with fewer false rejections, and has a simple sign up process that doesn’t require strenuous effort. By geography, North America is going to have high growth during the forecast period which can be attributed to the strong focus on research and development for technological advances and implementation of the same.

Some of the key players profiled in the Voice Biometrics Market include Voice Biometrics Group, Nuance Communications Inc, LexisNexis Risk Solutions Inc, Pindrop Security Inc, Auraya Systems Pty. Ltd, NICE Ltd, One Vault SA, VoicePIN.com Sp. z o.o., Verint Systems Inc, Uniphore Software Systems Pvt. Ltd, Aimbrain Solutions Ltd, Phonexia Ltd, Lumen Vox LLC (Voice Trust GmBH), Aculab Inc, and SESTEK.

Components Covered:
  • Hardware
  • Solutions
  • Services
Deployment Modes Covered:
  • Cloud
  • On-Premises
Organization Sizes Covered:
  • Small and Medium-Sized Enterprises (SME's)
  • Large Enterprises
Authentication Processes Covered:
  • Automated Interactive Voice Response (IVR)
  • Mobile Applications
  • Employee Authentication
  • Agent-Assisted
Types Covered:
  • Active Voice Biometrics
  • Passive Voice Biometrics
Technologies Covered:
  • Artificial Intelligence-Based
  • Non-Artificial Intelligence Based
Applications Covered:
  • Forensic Voice Analysis and Criminal Investigation
  • Workforce Management
  • Risk and Emergency Management
  • Access Security
  • Payments
  • Other Applications
End Users Covered:
  • Banking, Financial Services and Insurance (BFSI)
  • Government
  • Military and Defense
  • IT and Telecom
  • Energy and Utilities
  • Retail and E-Commerce
  • Automotive
  • Travel and Hospitality
  • Healthcare and Life Sciences
  • Transportation and Logistics
  • Enterprise
  • Consumer Electronics & Mobile Devices
  • Manufacturing
  • Media and Entertainment
  • Education
Regions Covered:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
What our report offers:
  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements
Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:
  • Company Profiling
        • Comprehensive profiling of additional market players (up to 3)
        • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL VOICE BIOMETRICS MARKET, BY COMPONENT

5.1 Introduction
5.2 Hardware
5.3 Solutions
  5.3.1 Software
  5.3.2 Platform
5.4 Services
  5.4.1 Managed Services
  5.4.2 Professional Services
    5.4.2.1 System Integration and Implementation
    5.4.2.2 Training and Education
    5.4.2.3 Consulting
    5.4.2.4 Support and Maintenance

6 GLOBAL VOICE BIOMETRICS MARKET, BY DEPLOYMENT MODE

6.1 Introduction
6.2 Cloud
6.3 On-Premises

7 GLOBAL VOICE BIOMETRICS MARKET, BY ORGANIZATION SIZE

7.1 Introduction
7.2 Small and Medium-Sized Enterprises (SME's)
7.3 Large Enterprises

8 GLOBAL VOICE BIOMETRICS MARKET, BY AUTHENTICATION PROCESS

8.1 Introduction
8.2 Automated Interactive Voice Response (IVR)
8.3 Mobile Applications
8.4 Employee Authentication
8.5 Agent-Assisted

9 GLOBAL VOICE BIOMETRICS MARKET, BY TYPE

9.1 Introduction
9.2 Active Voice Biometrics
9.3 Passive Voice Biometrics

10 GLOBAL VOICE BIOMETRICS MARKET, BY TECHNOLOGY

10.1 Introduction
10.2 Artificial Intelligence-Based
10.3 Non-Artificial Intelligence Based

11 GLOBAL VOICE BIOMETRICS MARKET, BY APPLICATION

11.1 Introduction
11.2 Forensic Voice Analysis and Criminal Investigation
11.3 Workforce Management
11.4 Risk and Emergency Management
11.5 Access Security
  11.5.1 Authentication and Customer Verification
  11.5.2 Fraud Detection and Prevention
11.6 Payments
  11.6.1 Transaction Processing
  11.6.2 Speech Enabled Password Reset
11.7 Other Applications
  11.7.1 Vocal Passphrase
  11.7.2 Speech Therapy
  11.7.3 Personalized User Experience

12 GLOBAL VOICE BIOMETRICS MARKET, BY END USER

12.1 Introduction
12.2 Banking, Financial Services and Insurance (BFSI)
12.3 Government
12.4 Military and Defense
12.5 IT and Telecom
12.6 Energy and Utilities
12.7 Retail and E-Commerce
12.8 Automotive
12.9 Travel and Hospitality
12.10 Healthcare and Life Sciences
12.11 Transportation and Logistics
12.12 Enterprise
12.13 Consumer Electronics & Mobile Devices
12.14 Manufacturing
12.15 Media and Entertainment
12.16 Education

13 GLOBAL VOICE BIOMETRICS MARKET, BY GEOGRAPHY

13.1 Introduction
13.2 North America
  13.2.1 US
  13.2.2 Canada
  13.2.3 Mexico
13.3 Europe
  13.3.1 Germany
  13.3.2 UK
  13.3.3 Italy
  13.3.4 France
  13.3.5 Spain
  13.3.6 Rest of Europe
13.4 Asia Pacific
  13.4.1 Japan
  13.4.2 China
  13.4.3 India
  13.4.4 Australia
  13.4.5 New Zealand
  13.4.6 South Korea
  13.4.7 Rest of Asia Pacific
13.5 South America
  13.5.1 Argentina
  13.5.2 Brazil
  13.5.3 Chile
  13.5.4 Rest of South America
13.6 Middle East & Africa
  13.6.1 Saudi Arabia
  13.6.2 UAE
  13.6.3 Qatar
  13.6.4 South Africa
  13.6.5 Rest of Middle East & Africa

14 KEY DEVELOPMENTS

14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies

15 COMPANY PROFILING

15.1 Voice Biometrics Group
15.2 Nuance Communications Inc
15.3 LexisNexis Risk Solutions Inc
15.4 Pindrop Security Inc
15.5 Auraya Systems Pty. Ltd
15.6 NICE Ltd
15.7 One Vault SA
15.8 VoicePIN.com Sp. z o.o.
15.9 Verint Systems Inc
15.10 Uniphore Software Systems Pvt. Ltd
15.11 Aimbrain Solutions Ltd
15.12 Phonexia Ltd
15.13 Lumen Vox LLC (Voice Trust GmBH)
15.14 Aculab Inc
15.15 SESTEK

LIST OF TABLES

Table 1 Global Voice Biometrics Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Voice Biometrics Market Outlook, By Component (2019-2028) ($MN)
Table 3 Global Voice Biometrics Market Outlook, By Hardware (2019-2028) ($MN)
Table 4 Global Voice Biometrics Market Outlook, By Solutions (2019-2028) ($MN)
Table 5 Global Voice Biometrics Market Outlook, By Software (2019-2028) ($MN)
Table 6 Global Voice Biometrics Market Outlook, By Platform (2019-2028) ($MN)
Table 7 Global Voice Biometrics Market Outlook, By Services (2019-2028) ($MN)
Table 8 Global Voice Biometrics Market Outlook, By Managed Services (2019-2028) ($MN)
Table 9 Global Voice Biometrics Market Outlook, By Professional Services (2019-2028) ($MN)
Table 10 Global Voice Biometrics Market Outlook, By Deployment Mode (2019-2028) ($MN)
Table 11 Global Voice Biometrics Market Outlook, By Cloud (2019-2028) ($MN)
Table 12 Global Voice Biometrics Market Outlook, By On-Premises (2019-2028) ($MN)
Table 13 Global Voice Biometrics Market Outlook, By Organization Size (2019-2028) ($MN)
Table 14 Global Voice Biometrics Market Outlook, By Small and Medium-Sized Enterprises (SME's) (2019-2028) ($MN)
Table 15 Global Voice Biometrics Market Outlook, By Large Enterprises (2019-2028) ($MN)
Table 16 Global Voice Biometrics Market Outlook, By Authentication Process (2019-2028) ($MN)
Table 17 Global Voice Biometrics Market Outlook, By Automated Interactive Voice Response (IVR) (2019-2028) ($MN)
Table 18 Global Voice Biometrics Market Outlook, By Mobile Applications (2019-2028) ($MN)
Table 19 Global Voice Biometrics Market Outlook, By Employee Authentication (2019-2028) ($MN)
Table 20 Global Voice Biometrics Market Outlook, By Agent-Assisted (2019-2028) ($MN)
Table 21 Global Voice Biometrics Market Outlook, By Type (2019-2028) ($MN)
Table 22 Global Voice Biometrics Market Outlook, By Active Voice Biometrics (2019-2028) ($MN)
Table 23 Global Voice Biometrics Market Outlook, By Passive Voice Biometrics (2019-2028) ($MN)
Table 24 Global Voice Biometrics Market Outlook, By Technology (2019-2028) ($MN)
Table 25 Global Voice Biometrics Market Outlook, By Artificial Intelligence-Based (2019-2028) ($MN)
Table 26 Global Voice Biometrics Market Outlook, By Non-Artificial Intelligence Based (2019-2028) ($MN)
Table 27 Global Voice Biometrics Market Outlook, By Application (2019-2028) ($MN)
Table 28 Global Voice Biometrics Market Outlook, By Forensic Voice Analysis and Criminal Investigation (2019-2028) ($MN)
Table 29 Global Voice Biometrics Market Outlook, By Workforce Management (2019-2028) ($MN)
Table 30 Global Voice Biometrics Market Outlook, By Risk and Emergency Management (2019-2028) ($MN)
Table 31 Global Voice Biometrics Market Outlook, By Access Security (2019-2028) ($MN)
Table 32 Global Voice Biometrics Market Outlook, By Authentication and Customer Verification (2019-2028) ($MN)
Table 33 Global Voice Biometrics Market Outlook, By Fraud Detection and Prevention (2019-2028) ($MN)
Table 34 Global Voice Biometrics Market Outlook, By Payments (2019-2028) ($MN)
Table 35 Global Voice Biometrics Market Outlook, By Transaction Processing (2019-2028) ($MN)
Table 36 Global Voice Biometrics Market Outlook, By Speech Enabled Password Reset (2019-2028) ($MN)
Table 37 Global Voice Biometrics Market Outlook, By Other Applications (2019-2028) ($MN)
Table 38 Global Voice Biometrics Market Outlook, By Vocal Passphrase (2019-2028) ($MN)
Table 39 Global Voice Biometrics Market Outlook, By Speech Therapy (2019-2028) ($MN)
Table 40 Global Voice Biometrics Market Outlook, By Personalized User Experience (2019-2028) ($MN)
Table 41 Global Voice Biometrics Market Outlook, By End User (2019-2028) ($MN)
Table 42 Global Voice Biometrics Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2019-2028) ($MN)
Table 43 Global Voice Biometrics Market Outlook, By Government (2019-2028) ($MN)
Table 44 Global Voice Biometrics Market Outlook, By Military and Defense (2019-2028) ($MN)
Table 45 Global Voice Biometrics Market Outlook, By IT and Telecom (2019-2028) ($MN)
Table 46 Global Voice Biometrics Market Outlook, By Energy and Utilities (2019-2028) ($MN)
Table 47 Global Voice Biometrics Market Outlook, By Retail and E-Commerce (2019-2028) ($MN)
Table 48 Global Voice Biometrics Market Outlook, By Automotive (2019-2028) ($MN)
Table 49 Global Voice Biometrics Market Outlook, By Travel and Hospitality (2019-2028) ($MN)
Table 50 Global Voice Biometrics Market Outlook, By Healthcare and Life Sciences (2019-2028) ($MN)
Table 51 Global Voice Biometrics Market Outlook, By Transportation and Logistics (2019-2028) ($MN)
Table 52 Global Voice Biometrics Market Outlook, By Enterprise (2019-2028) ($MN)
Table 53 Global Voice Biometrics Market Outlook, By Consumer Electronics & Mobile Devices (2019-2028) ($MN)
Table 54 Global Voice Biometrics Market Outlook, By Manufacturing (2019-2028) ($MN)
Table 55 Global Voice Biometrics Market Outlook, By Media and Entertainment (2019-2028) ($MN)
Table 56 Global Voice Biometrics Market Outlook, By Education (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.


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