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Global Voice Recognition Biometrics Market 2020-2024

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    Report

  • 120 Pages
  • September 2020
  • Region: Global
  • TechNavio
  • ID: 5146201
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Global Voice Recognition Biometrics Market 2020-2024

The voice recognition biometrics market is poised to grow by USD 2.60 bn during 2020-2024 progressing at a CAGR of 19% during the forecast period. The reports on voice recognition biometrics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising prominence of voice recognition biometrics in BFSI sector and increased adoption in healthcare sector. In addition, use of biometric voice recognition in the healthcare sector is anticipated to boost the growth of the market as well.

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

This study identifies the popularity of voice recognition among law enforcement as one of the prime reasons driving the voice recognition biometrics market growth during the next few years.

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 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.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.

This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Table of Contents

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

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
1: Key Finding 1
2: Key Finding 2
3: Key Finding 3
4: Key Finding 5
5: Key Finding 6
6: Key Finding 7
7: Key Finding 8
8: Parent market
9: Market characteristics
10: Offerings of vendors included in the market definition
11: Market segments
12: Global - Market size and forecast 2019 - 2024 ($ million)
13: Global market: Year-over-year growth 2019 - 2024 (%)
14: Five forces analysis 2019 & 2024
15: Bargaining power of buyers
16: Bargaining power of suppliers
17: Threat of new entrants
18: Threat of substitutes
19: Threat of rivalry
20: Market condition - Five forces 2019
21: BFSI - Market size and forecast 2019-2024 ($ million)
22: BFSI - Year-over-year growth 2019-2024 (%)
23: Government - Market size and forecast 2019-2024 ($ million)
24: Government - Year-over-year growth 2019-2024 (%)
25: Telecommunications - Market size and forecast 2019-2024 ($ million)
26: Telecommunications - Year-over-year growth 2019-2024 (%)
27: Healthcare - Market size and forecast 2019-2024 ($ million)
28: Healthcare - Year-over-year growth 2019-2024 (%)
29: Others - Market size and forecast 2019-2024 ($ million)
30: Others - Year-over-year growth 2019-2024 (%)
31: Customer landscape
32: Impact of drivers and challenges
33: Vendor landscape
34: Landscape disruption
35: Industry risks
36: Vendors covered
37: Market positioning of vendors
38: Auraya Systems Pty. Ltd. - Overview
39: Auraya Systems Pty. Ltd. - Product and service
40: Auraya Systems Pty. Ltd. - Key offerings
41: Auraya Systems Pty. Ltd. - Key customers
42: Auraya Systems Pty. Ltd. - Segment focus
43: Cantab Research Ltd. - Overview
44: Cantab Research Ltd. - Business segments
45: Cantab Research Ltd. - Key offerings
46: Cantab Research Ltd. - Key customers
47: Cantab Research Ltd. - Segment focus
48: LumenVox LLC - Overview
49: LumenVox LLC - Product and service
50: LumenVox LLC - Key offerings
51: LumenVox LLC - Key customers
52: LumenVox LLC - Segment focus
53: M2SYS Technology - Overview
54: M2SYS Technology - Product and service
55: M2SYS Technology - Key offerings
56: M2SYS Technology - Key customers
57: M2SYS Technology - Segment focus
58: NICE Ltd. - Overview
59: NICE Ltd. - Business segments
60: NICE Ltd. - Key offerings
61: NICE Ltd. - Key customers
62: NICE Ltd. - Segment focus
63: Nuance Communications Inc. - Overview
64: Nuance Communications Inc. - Business segments
65: Nuance Communications Inc. - Key offerings
66: Nuance Communications Inc. - Key customers
67: Nuance Communications Inc. - Segment focus
68: OneVault Pty. Ltd. - Overview
69: OneVault Pty. Ltd. - Product and service
70: OneVault Pty. Ltd. - Key offerings
71: OneVault Pty. Ltd. - Key customers
72: OneVault Pty. Ltd. - Segment focus
73: Speech Technology Center Ltd. - Overview
74: Speech Technology Center Ltd. - Product and service
75: Speech Technology Center Ltd. - Key offerings
76: Speech Technology Center Ltd. - Key customers
77: Speech Technology Center Ltd. - Segment focus
78: Uniphore Software Systems Pvt. Ltd. - Overview
79: Uniphore Software Systems Pvt. Ltd. - Product and service
80: Uniphore Software Systems Pvt. Ltd. - Key offerings
81: Uniphore Software Systems Pvt. Ltd. - Key customers
82: Uniphore Software Systems Pvt. Ltd. - Segment focus
83: Verint Systems Inc. - Overview
84: Verint Systems Inc. - Business segments
85: Verint Systems Inc. - Key offerings
86: Verint Systems Inc. - Key customers
87: Verint Systems Inc. - Segment focus
88: VoiceIt Technologies LLC - Overview
89: VoiceIt Technologies LLC - Product and service
90: VoiceIt Technologies LLC - Key offerings
91: VoiceIt Technologies LLC - Key customers
92: VoiceIt Technologies LLC - Segment focus
93: Currency conversion rates for US$
94: Research Methodology
95: Validation techniques employed for market sizing
96: Information sources
97: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global voice recognition biometrics market: 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.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is popularity of voice recognition among law enforcement."

According to the report, one of the major drivers for this market is the use of biometric voice recognition in the healthcare sector.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.
  • VoiceIt Technologies LLC