Emergen Research’s latest document,titled ‘Global Voice Biometrics Market - Forecast to 2027,’ is one ofthe most sought-after market reports involving an in-depth analysis of theglobal Voice Biometrics market. The report’s authors have offered necessarydetails on the latest Voice Biometrics market trends and the crucial parametersimpacting both short-term and long-term market growth. Its panoramic view ofthe Voice Biometrics industry entails useful insights into theestimated Voice Biometrics market size, revenue share, and sales &distribution networks.
The global VoiceBiometrics Market is forecasted to be worth USD 4.90 Billionby 2027, according to a new report by Emergen Research. The market iswitnessing high demand owing to the rise in advancement in software andhardware. Rapid urbanization and adoption of digital technology in industrieslike Telecommunications and IT, BFSI, Government, and Defense will drive thedemand for the voice biometric. The proliferation of digital devices ineveryday activities has created a need for advanced protection solutions. Someof the commonly used biometric technology are radio networks, mobile phones andlandlines, virtual private networks, voice over IP networks, and microphones.
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COVID-19 Impact Analysis:
Our experienced marketresearch team has provided updated information on the ongoing COVID-19 pandemicand its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drasticchanges in the current Voice Biometrics business landscape, limiting the growthopportunities for various manufacturers and buyers for the next few years.Besides making speculations about the market’s post-COVID-19 scenario, thereport discusses its existing situation. The report eventually offersconclusive data related to the Voice Biometrics market growth assessed on bothregional and global levels.
Key Highlights From TheReport
· LumenVox, in January 2020, launched an advanced suite of voicebiometric authentication technologies, naming them Version 8. This technologyimplements AI and biometrics to authenticate customer-agent interaction.
· The Access Control and Authentication dominated the market forvoice biometrics. The high level of awareness among organizations regarding theconfidentiality of their data and the need to protect from malware targetedcyber-attacks while using cloud computing services will drive the segment’s demand.
· The cloud deployment type held the largest market share of 57.4%in the year 2019. The benefits provided by cloud-like data accessibility, quickimplementation, lower cost, and 24x7 availability will foster the demand forvoice biometrics.
LeadingPlayers Profiled in the Report:
· Pindrop
· Acculab
· NICE
· Phonexia
· Auraya
· VoicePIN
· LumenVox
Keyinsights presented in the report:
• Market revenue shares by major businessplayers, by type, by application, and market scope of global Voice Biometricsmarket
• Sales revenue by key players and newentrants
• Competitive analysis of key players,including aspects such as company overview, product or services specification,vendors, and buyers
• Recent mergers, acquisitions, productlaunches, recent investments, and joint ventures
• Regional analysis to provide insight intorecent trends and opportunities
Browse Detailed Research Report, visit @https://www.emergenresearch.com/industry-report/voice-biometrics-market
Key geographical areas:
· NorthAmerica
· Europe
· AsiaPacific
· LatinAmerica
· MiddleEast & Africa
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