The increasing shift towards an online platform to fuel demand in the global Voice Biometric Solutions market. The market has been witnessing the development of new technology. FortuneBusinessInsights has announced publishing of a report, titled “Voice Biometric Solutions Market Size, Share and Global Trend By Product (Automatic Speech Recognition Software, Speech-to-Text Systems), By Applications (Forensic Voice Analysis, Access Security, Authentication and Fraud detection, Others), By Industry Vertical (IT&Telecom, BFSI, Government, Healthcare, Retail) And Geography Forecast Till 2026”.
“Key players are expected to emphasize integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global Voice Biometric Solutions market,” said a lead analyst at Fortune Business Insights.
Top Players List:
- Agnitio SL
- Voice Biometrics Group (VBG).
- American Safety Council Inc.
- VoiceTrust Holding BV
- Bioid Ag
- Nuance Communications Inc.
- VoiceTrust Ag
- SayPay Technologies Inc.
- ValidSoft Ltd.
- VoicePass Technology
Integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2019-2026. Additionally, the rising adoption of e-financial services is expected to boost the global demand.
Major Segments Mentioned:
- By Product
- By Applications
- By Industry Vertical
- By Geography
On the contrary, high cost associated with upgraded technology is a factor that may restrain the global Voice Biometric Solutions market.
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.
The report also offers insights on the key players operating in the global Voice Biometric Solutions market.
Major Table of Content for Voice Biometric Solutions Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Voice Biometric Solutions Market Analysis, Insights and Forecast, 2014-2025
- North America Voice Biometric Solutions Market Analysis, Insights and Forecast, 2014-2025
- Europe Voice Biometric Solutions Market Analysis, Insights and Forecast, 2014-2025
- Asia Pacific Voice Biometric Solutions Market Analysis, Insights and Forecast, 2014-2025
- Middle East and Africa Voice Biometric Solutions Market Analysis, Insights and Forecast, 2014-2025
- Latin America Voice Biometric Solutions Market Analysis, Insights and Forecast, 2014-2025
- Competitive Landscape
- Company Profile