Voice Biometrics Market Size, Share, Growth Report 2032
Voice Biometrics Market - By Technology (AI-based and Non-AI based), By Vertical (BFSI, Automotive, Government, Healthcare, Military, and Education), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 1.37 Billion | USD 10.38 Billion | 22.5% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Voice Biometrics Market, 2016–2026 (USD Billion)
- 2.2. Voice Biometrics Market: Snapshot
- Chapter 3. Global Voice Biometrics Market– Industry Analysis
- 3.1. Voice Biometrics Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Large-scale application of voice biometrics in IVR-driven banking systems, medical research, telecom, online education, law enforcement, and emergency services will steer the expansion of voice biometrics industry over the forecast timeframe.
- 3.2.2. Escalating need for fraud detection in BFSI coupled with requirement of reducing identification charges will steer voice biometrics market size over 2020-2026.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Vertical
- 3.4.2. Market attractiveness analysis By Type
- Chapter 4. Global Voice Biometrics Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Voice Biometrics Market: company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Technology launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Voice Biometrics Market– Vertical Analysis
- 5.1. Global Voice Biometrics Market overview: By Vertical
- 5.1.1. Global Voice Biometrics Market share, By Vertical , 2019 and 2026
- 5.2. Automotive
- 5.2.1. Global Voice Biometrics Market By Automotive, 2016–2026 (USD Billion)
- 5.3. BFSI
- 5.3.1. Global Voice Biometrics Market By BFSI, 2016–2026 (USD Billion)
- 5.4. Government
- 5.4.1. Global Voice Biometrics Market By Government, 2016–2026 (USD Billion)
- 5.5. Healthcare
- 5.5.1. Global Voice Biometrics Market By Healthcare, 2016–2026 (USD Billion)
- 5.6. Military
- 5.6.1. Global Voice Biometrics Market By Military, 2016–2026 (USD Billion)
- 5.7. Education
- 5.7.1. Global Voice Biometrics Market By Education, 2016–2026 (USD Billion)
- 5.1. Global Voice Biometrics Market overview: By Vertical
- Chapter 6. Global Voice Biometrics Market– Type Analysis
- 6.1. Global Voice Biometrics Market overview: By Type
- 6.1.1. Global Voice Biometrics Market share, By Type, 2019 and 2026
- 6.2. AI-Based
- 6.2.1. Global Voice Biometrics Market By AI-Based , 2016–2026 (USD Billion)
- 6.3. Non-AI-Based
- 6.3.1. Global Voice Biometrics Market By Non-AI-Based, 2016–2026 (USD Billion)
- 6.1. Global Voice Biometrics Market overview: By Type
- Chapter 7. Company Profiles
- 7.1. SayPay Technulogies INC.
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Technology Portfolio
- 7.1.4. Business Strategy
- 7.1.5. Recent Developments
- 7.2. Agnito SL
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Technology Portfolio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.3. VoiceTrust Ag
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Technology Portfolio
- 7.3.4. Business Strategy
- 7.3.5. Recent Developments
- 7.4. American Safety Council Inc.
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Technology Portfolio
- 7.4.4. Business Strategy
- 7.4.5. Recent Developments
- 7.5. MASYS Technology
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Technology Portfolio
- 7.5.4. Business Strategy
- 7.5.5. Recent Development
- 7.6. Nuance Communications
- 7.6.1. Overview
- 7.6.2. Financials
- 7.6.3. Technology Portfolio
- 7.6.4. Business Strategy
- 7.6.5. Recent Development
- 7.7. SpeechPro
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Technology Portfolio
- 7.7.4. Business Strategy
- 7.7.5. Recent Development
- 7.8. National Security Resources
- 7.8.1. Overview
- 7.8.2. Financials
- 7.8.3. Technology Portfolio
- 7.8.4. Business Strategy
- 7.8.5. Recent Development
- 7.9. VoiceVault
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Technology Portfolio
- 7.9.4. Business Strategy
- 7.9.5. Recent Development
- 7.10. Uniphore
- 7.10.1. Overview
- 7.10.2. Financials
- 7.10.3. Technology Portfolio
- 7.10.4. Business Strategy
- 7.10.5. Recent Development
- 7.11. Voice Security Systems
- 7.11.1. Overview
- 7.11.2. Financials
- 7.11.3. Technology Portfolio
- 7.11.4. Business Strategy
- 7.11.5. Recent Development
- 7.12. Boid Ag
- 7.12.1. Overview
- 7.12.2. Financials
- 7.12.3. Technology Portfolio
- 7.12.4. Business Strategy
- 7.12.5. Recent Development
- 7.1. SayPay Technulogies INC.
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global Voice Biometrics Market, 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Voice Biometrics Market attractiveness, By Vertical
6. Global Voice Biometrics Market attractiveness, By Type
7. Global Voice Biometrics Market Share by Vertical ,2019 and 2026 (USD Billion)
8. Global Voice Biometrics Market by Government ,2016–2026 (USD Billion)
9. Global Voice Biometrics Market by BFSI,2016–2026 (USD Billion)
10. Global Voice Biometrics Market by Automotive,2016–2026 (USD Billion)
11. Global Voice Biometrics Market by Healthcare,2016–2026 (USD Billion)
12. Global Voice Biometrics Market by Military, 2016–2026 (USD Billion)
13. Global Voice Biometrics Market by Education, 2016–2026 (USD Billion)
14. Global Voice Biometrics Market Share by Type ,2019 and 2026 (USD Billion)
15. Global Voice Biometrics Market by AI-Based,2016–2026 (USD Billion)
16. Global Voice Biometrics Market by Non-AI-Based,2016–2026 (USD Billion)
17. Global Voice Biometrics Market share, by Region, 2019 and 2026
18. North America Voice Biometrics Market, 2016–2026 (USD Billion)
19. Europe Voice Biometrics Market, 2016–2026 (USD Billion)
20. Asia Pacific Voice Biometrics Market, 2016–2026 (USD Billion)
21. Latin America Voice Biometrics Market, 2016–2026 (USD Billion)
22. The Middle East and Africa Voice Biometrics Market, 2016–2026 (USD Billion)
Table Of Tables
List of Tables
1. Global Voice Biometrics Market: snapshot
2. Drivers of the Voice Biometrics Market: impact analysis
3. North America Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
4. North America Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
5. The U.S. Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
6. The U.S. Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
7. Rest of North America Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
8. Rest of North America Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
9. Europe Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
10. Europe Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
11. UK Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
12. UK Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
13. France Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
14. France Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
15. Germany Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
16. Germany Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
17. Rest of Europe Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
18. Rest of Europe Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
19. Asia Pacific Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
20. Asia Pacific Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
21. China Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
22. China Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
23. Japan Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
24. Japan Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
25. India Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
26. India Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
27. Rest of Asia Pacific Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
28. Rest of Asia Pacific Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
29. Latin America Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
30. Latin America Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
31. Brazil Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
32. Brazil Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
33. Rest of Latin America Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
34. Rest of Latin America Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
35. The Middle East and Africa Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
36. The Middle East and Africa Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
37. Saudi Arabia Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
38. Saudi Arabia Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
39. South Africa Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
40. South Africa Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
41. Rest of the Middle East & Africa Voice Biometrics Market revenue, By Vertical, 2016–2026 (USD Billion)
42. Rest of the Middle East & Africa Voice Biometrics Market revenue, By Type, 2016–2026 (USD Billion)
Methodology
FrequentlyAsked Questions
Large-scale application of voice biometrics in IVR-driven banking systems, medical research, telecom, online education, law enforcement, and emergency services will steer the expansion of voice biometrics industry over the forecast timeframe. In addition to this, escalating need for fraud detection in BFSI coupled with requirement of reducing identification charges will steer voice biometrics market size over 2020-2026. Rise in data thefts and fraud activities with onset of digitization has resulted in massive penetration of voice biometrics in various industries. Apparently, voice biometrics has penetrated the domains such as defense & military, personal computing, and healthcare. This is likely to perpetuate the expansion of voice biometrics industry over the predicted timespan.
Voice Biometrics Market market size valued at US$ 1.37 Billion in 2023, set to reach US$ 10.38 Billion by 2032 at a CAGR of about 22.5% from 2024 to 2032.
Asia Pacific is likely to make noteworthy contributions towards overall market revenue during 2020-2026. The growth of the industry in the sub-continent over the estimated timespan is attributed to swift digitization witnessed in BFSI, retail, and IT & Telecom sectors in emerging economies such as India and China. In addition to this, large numbers of firms are making use of voice biometrics to ensure security of their premises as well as avoid identity as well as data thefts in order to avoid huge fiscal losses. Apparently, need for avoiding criminal activities and enforcing strict security measures as well as ensuring the safety of premises has forced the firms prioritize the use of voice biometrics as a vital authentication tool for visitors & staff, thereby prompting the increment in the regional market size.
The key players profiled in the report include are SayPay Technologies INC., Agnito SL, VoiceTrust Ag, American Safety Council Inc., MASYS Technology, Nuance Communications, SpeechPro, ValidSoft, National Security Resources, VoiceVault, Uniphore, Voice Security Systems, and Boid Ag.
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