Global Voice Biometric Solutions Market Overview:
Voice biometrics is a user verification technology that identifies unique speech patterns through real-time conversations or speaker's voiceprints captured by various physical and behavioral factors such as tone, pronunciation, speech speed, emphasis patterns, and accent of the speakers. Voice biometrics helps prevent unauthorized access to IT resources and other security-related areas. The technology is used in several areas of application, e.g. access control and authentication, fraud detection and prevention, forensic language analysis, and criminal investigation. It can be used to authenticate high-risk sessions, including remote login, unusual transactions, and password changes, in a way that is transparent and smooth to the end-users.
- Rising Need for Foolproof Security Methods for Technology-Driven Systems and Devices to Prevent Loss of Critical Data
- The Risk of Being Hacked and Cracked
- Increasing Shift to Cloud-Based Services
- The Need for Reducing Authentication and Identification Costs
- A Rapid Increase in the Demand for SaaS-Based Security Solutions
- The Build-Up of Internet of Things Environment, Wherein Userís Privacy and Security Needs to Be Safeguarded
- Security and Privacy Issues with New Advanced Technologies
- The Growing Adoption of Biometric Authentication in E-Commerce, Banking, and Healthcare, and Government Sector
- The Rise in Growth of Market Owing To Various Advancements in Hardware and Software
- The Proliferation of Smartphones, Tablets, and Wearable Technology
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Agnitio SL. (Spain), Bioid AG (Switzerland), Nuance Communications (United States), OneValult (South Africa), VoiceTrust GmbH (Germany), ValidSoft (United States), VoiceTrust Holding, Inc. (Canada), VoicePass Technology (United States), VoiceVault (United States), Voice Biometrics Group (United States), Qualcomm Technologies (United States) and Uniphore (India). Additionally, following companies can also be profiled that are part of our coverage like Auraya Systems (Australia) and Verint Systems (United States). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Voice Biometric Solutions market by 2025. Considering Market by Components, the sub-segment i.e. Software will boost the Voice Biometric Solutions market. Considering Market by Organization Size, the sub-segment i.e. SMEs will boost the Voice Biometric Solutions market. Considering Market by Deployment Type, the sub-segment i.e. On-premises will boost the Voice Biometric Solutions market. Considering Market by Industry Vertical, the sub-segment i.e. Automotive will boost the Voice Biometric Solutions market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Voice Biometric Solutions market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Voice Biometric Solutions market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Providers of Voice Biometric Solutions, End-Users, Potential Investors, Market Research Firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.