Press release
Voice Biometrics Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Nuance Communications Inc., Aculab Ltd., Auraya Systems Pty Ltd., NICE Ltd., OneVault (Pty) Ltd., Pindrop Security Inc
Voice Biometrics Market Characteristics
The Business Research Company offers in-depth market insights through Voice Biometrics Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The voice biometrics market size has grown exponentially in recent years. It will grow from $1.91 billion in 2023 to $2.35 billion in 2024 at a compound annual growth rate (CAGR) of 22.9%. The growth in the historic period can be attributed to security and authentication needs, rise of mobile banking and payments, proliferation of smart devices, fraud prevention, regulatory compliance, integration with contact centers..
The voice biometrics market size is expected to see exponential growth in the next few years. It will grow to $5.02 billion in 2028 at a compound annual growth rate (CAGR) of 20.9%. The growth in the forecast period can be attributed to advancements in deep learning, passwordless authentication trends, global expansion of biometric solutions, multilingual support, improved anti-spoofing measures, user education and awareness.. Major trends in the forecast period include increased adoption in authentication systems, advancements in natural language processing (nlp), emphasis on anti-spoofing and security measures, cloud-based voice biometrics solutions, integration with virtual assistants and chatbots, market expansion across industries, collaboration with biometric standards organizations..
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=7852&type=smp
Market Segmentation:
The voice biometrics market covered in this report is segmented -
1) By Type: Passive Voice Biometrics, Active Voice Biometrics
2) By Component: Solution, Services
3) By Deployment: Cloud, On-Premise
4) By Application: Authentication And Customer Verification, Forensic Voice Analysis And Criminal Investigation, Fraud Detection And Prevention, Transaction Processing, Access Control, Workforce Management
5) By End-User: BFSI, Government, Telecommunication, Other End Users
Major Driver - Elevated Cyber-Attack Incidents Drive Demand For Voice Biometrics Market
The increase in incidence of cyber-attacks is expected to propel the growth of the voice biometrics market going forward. Incidence of Cyber-attacks in voice biometrics refers to an event that jeopardizes the confidentiality, integrity, or availability of digital information from a computer, computing system, or computer network with the intent to cause damage. As technology advances, the frequency and complexity of cyber-attacks and malware encountered while using internet-driven technologies has increased, necessitating the use of stronger biometric definition systems in addition to usernames and passwords, resulting in an increased demand for voice biometrics. For instance, in February 2023, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, the cyber crime reports received in 2022 were 76,000, up from 13% from the previous year. Therefore, an increase in the frequency of cyber-attacks is driving the demand for the voice biometrics market.
Competitive Landscape:
Major companies operating in the voice biometrics market report are Nuance Communications Inc., Aculab Ltd., Auraya Systems Pty Ltd., NICE Ltd., OneVault (Pty) Ltd., Pindrop Security Inc., Verint Systems Inc., Speech Technology Center Ltd., LumenVox LLC, Uniphore Software Systems Pvt. Ltd., Sestek Inc., VoicePIN.com Sp. z o.o., QSS Technosoft Pvt. Ltd., Voxta Communications Private Limited, Interactions LLC, ID R&D Inc., Kaizen Secure Voiz Pvt. Ltd., Voice Biometrics Group LLC, Phonexia s.r.o., BioCatch Ltd., LexisNexis Risk Solutions Inc., Agnitio S.L., American Safety Council Inc., VoiceTrust Holding BV, BioID GmbH, SayPay Technologies Inc., ValidSoft Ltd., VoicePass Technology Ltd., VoiceVault Limited, Apple Inc., Amazon.com Inc., Lingua Custodia Technologies, MIA Teknoloji Ltd., Voice Security Systems Inc., VoiceAI Technologies Inc., Fujitsu Limited, NEC Corporation, Suprema Inc., 3M Cogent Inc., Idemia Identity & Security France SA, IrisGuard Inc., Aware Inc.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/voice-biometrics-global-market-report
Top Trend - Innovative Technologies Transforms The Voice Biometrics Market
Major companies operating in the voice biometrics market are adopting new technological products, such as VoiceIQ.cloud, to sustain their position in the market. VoiceIQ.cloud is a voice biometric solutions designed for customers with a secure and convenient authentication solution. For instance, in November 2022, I-Pulse Inc., a Singapore-based high-pulsed-power technology company launched VoiceIQ.cloud. VoiceIQ.cloud is based on vocal patterns, with each person having distinct phonetic and morphological characteristics that artificial intelligence can detect. It is available as a service, making for customers to procure voice biometrics.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Voice Biometrics Market Characteristics
3. Voice Biometrics Market Trends And Strategies
4. Voice Biometrics Market - Macro Economic Scenario
5. Voice Biometrics Market Size And Growth
…..
27. Voice Biometrics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Voice Biometrics Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Nuance Communications Inc., Aculab Ltd., Auraya Systems Pty Ltd., NICE Ltd., OneVault (Pty) Ltd., Pindrop Security Inc here
News-ID: 3423894 • Views: …
More Releases from The Business research company
Aerospace And Defense Telemetry Market Size, Share, Growth, Latest Trends, Indus …
"The aerospace and defense telemetry market size has grown strongly in recent years. It will grow from $7.52 billion in 2023 to $8.17 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to geopolitical tensions, military modernization, rise in budget allocations, aircraft fleet expansion, rise in space exploration.
The aerospace and defense telemetry market size is expected…
Wireless POS Terminal Market Analysis With Key Players, Applications, Trends And …
The wireless pos terminal market size has grown rapidly in recent years. It will grow from $11.7 billion in 2023 to $13.14 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to increased adoption of mobile devices, rise in demand for cloud-based solutions, need for flexibility and mobility in payment transactions, rise in internet penetration, increasing…
2024 Walkie Talkie Market Size, Share, Growth, Latest Trends, Industry Analysis …
The walkie talkie market size has grown strongly in recent years. It will grow from $6.45 billion in 2023 to $7.05 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to industrial and commercial applications, public safety and emergency response, military and defense usage, outdoor and recreational activities, supply chain and logistics..
The walkie talkie market size…
Veterinary Infectious Disease Diagnostics Market Analysis With Key Players, Appl …
The veterinary infectious disease diagnostics market size has grown strongly in recent years. It will grow from $1.77 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing pet ownership, rising awareness, government initiatives.
The veterinary infectious disease diagnostics market size is expected to see strong growth in the next few…
More Releases for Voice
Lydia Voice Market 2021-2027 Global Industry Analysis | ICZ, Lydia Voice
This Lydia Voice market report reflects the current market situation in order to assist industries in developing a strong vision and moving in the right path. It includes current methods that have been shown to be effective in growing the market. A few dynamic systems approach and technologies are also presented, which can be used to obtain an advantage over market competitors. This Lydia Voice market report's useful data is…
Voice Analytics Market
Growth opportunities in the voice analytics market look promising over the next six years. This is mainly due to the increasing number of call centers globally, the growing importance of voice in multichannel service and competitive market intelligence, safer identification verification with better fraud detection, and increased customer retention efficiency.
Request for a FREE Sample Report on Voice Analytics Market - https://www.gmiresearch.com/report/global-voice-analytics-market/sample-request
Voice Analytics Market Dynamics (including market size, share, trends, forecast,…
Growing Industry of Voice Changing Software Market 2019 - 2023 | Estimated to Re …
“Global Voice Changing Software Market 2019” report gives the most current industry information and industry future patterns, enabling you to distinguish the items and end clients driving Revenue development and gainfulness. The business report records the main rivals and gives the bits of knowledge vital industry Analysis of the key components impacting the market.
Global Voice Changing Software Market Overview:
The report spread across 90 pages is an overview of the Global…
Voice Recognition Systems Market Touching Impressive Growth| Voxeo, Voice Trust, …
HTF MI recently introduced Global Voice Recognition Systems Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Voxeo, Voice Trust, Nuance Communications, Validsoft, Advanced Voice Recognition Systems,…
Voices.com Welcomes Legendary Voice Actor Don Morrow To Voice Over Experts
Don Morrow has been doing voiceovers for over half a century, he is a mentor and voiceover legend with hundreds of credits in film, television, and radio.
In Morrow’s Voice Over Experts podcast "Givens About the Voiceover Coaching Industry," listeners learn the truth about getting started in voiceovers and finding a voiceover coach. Sharing his knowledge gleaned over 50+ years in acting and voiceover, Morrow’s candid advice on finding a voiceover…
Voice Over Coach Marc Cashman Launches Podcast for Voice Talent
Marc Cashman, voice talent and celebrated voice over coach, is featured this week on the Voice Over Experts Podcast, podcasts.voices.com , the top educational podcast for beginner and professional voice actors around the world. Marc Cashman is the owner of Cashman Commercials and the Cashman Cache of Voice-Acting Techniques where he teaches voice lessons and classes.
In his most recent episode, Voice Over Expert Marc Cashman coaches freelance voice actors on…
