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Worldwide Voice Recognition Biometrics Market is Forecast to Grow by USD 2.60 Billion During 2020-2024, Progressing at a CAGR of 19%

Research and Markets
·3-min read

Dublin, Sept. 28, 2020 (GLOBE NEWSWIRE) -- The "Global Voice Recognition Biometrics Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The voice recognition biometrics market is poised to grow by USD 2.60 billion during 2020-2024 progressing at a CAGR of 19% during the forecast period. The market is driven by the rising prominence of voice recognition biometrics in the BFSI sector and increased adoption in healthcare sector. The study identifies the popularity of voice recognition among law enforcement as one of the prime reasons driving market growth during the next few years.

The voice recognition biometrics market analysis includes end-user segment and geographic landscapes.

The voice recognition biometrics market is segmented as below:

By End-user

  • BFSI

  • Government

  • Telecommunications

  • Healthcare

  • Others

By Geographic Landscapes

  • North America

  • APAC

  • Europe

  • South America

  • MEA

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The voice recognition biometrics market covers the following areas:

  • Voice recognition biometrics market sizing

  • Voice recognition biometrics market forecast

  • Voice recognition biometrics market industry analysis

The robust vendor analysis provided in the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading voice recognition biometrics market vendors that include Auraya Systems Pty. Ltd., Cantab Research Ltd., LumenVox LLC, M2SYS Technology, NICE Ltd., Nuance Communications Inc., OneVault Pty. Ltd., Speech Technology Center Ltd., Uniphore Software Systems Pvt. Ltd., Verint Systems Inc., and VoiceIt Technologies LLC. Also, the voice recognition biometrics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by End-user

  • Market segments

  • Comparison by End-user

  • BFSI - Market size and forecast 2019-2024

  • Government - Market size and forecast 2019-2024

  • Telecommunications - Market size and forecast 2019-2024

  • Healthcare - Market size and forecast 2019-2024

  • Others - Market size and forecast 2019-2024

  • Market opportunity by End-user

Customer Landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Auraya Systems Pty. Ltd.

  • LumenVox LLC

  • M2SYS Technology

  • NICE Ltd.

  • Nuance Communications Inc.

  • OneVault Pty. Ltd.

  • Speech Technology Center Ltd.

  • Uniphore Software Systems Pvt. Ltd.

  • Verint Systems Inc.

  • VoiceIt Technologies LLC


For more information about this report visit https://www.researchandmarkets.com/r/406fl2

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