Tuesday, 02 January 2024 12:17 GMT

Voice Biometric Market Forecasting A Decade Filled With Expansive Growth Opportunities | Auraya Inc., Aculab Inc., Biocatch Ltd X Herald


(MENAFN- Ameliorate Digital Consultancy) The voice biometric market research study from Astute Analytica provides a detailed analysis of the sector, taking into account crucial elements like market size, industry share, and key competitors.

The Global Voice Biometric Market was valued at US$ 1.68 billion in 2022 and is projected to attain a valuation of US$ 9.03 billion by 2031 at a CAGR of 23.4% during the forecast period 2023–2031.

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The study of the Voice Biometric Market extensively examines key players in the industry, considering various factors such as competitors' strategies, target market, sales volume, production costs, distribution channels, and numerous growth catalysts. Furthermore, it covers the company's position, financial status, size, market share, and product portfolio within the industry.

List of Key Players

  • Auraya Inc.
  • Aculab Inc.
  • BioCatch Ltd.
  • Lumen Vox LLC (Voice Trust GmBH)
  • LexisNexis Risk Solutions Inc.
  • Nuance Communications Inc.
  • NICE Ltd
  • One Vault SA
  • Phonexia SRO
  • Pindrop Security Inc.
  • Uniphore Software Systems Pvt. Ltd
  • VoicePIN.com Sp. z o.o.
  • Verint Systems Inc.
  • Voice Biometrics Group
  • Other Prominent Players

The study includes projections, benchmarking, company shares, and recent market trends. The research also includes a full evaluation of sustainability initiatives, a competitive analysis, and their effects on market expansion and competitiveness. To evaluate the market from many angles, data triangulation was used. We apply a comprehensive, iterative research technique to ensure that our market estimations are as accurate and reliable as feasible.

The study describes the effects of COVID-19 on several regional areas and offers details on market segmentation in the industry by Component, Type, Deployment, Enterprise Size, Application, Industry, and Region. This report is a great resource for understanding the Market better. This study provides valuable data about the market's present situation and its future prospects until 2033.

Segmentation Outline

By Component

  • Software/Platform
  • Services
    • Professional Services
      • Consulting
      • Support and Maintenance
    • Managed Services

By Type

  • Text-Dependent Recognition
  • Text-Independent Recognition
  • Passive Voice Biometric
  • Active Voice Biometric

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By Deployment

  • On-Premises
  • Cloud

By Enterprise Size

  • Small Enterprises
  • Medium Enterprises
  • Large/Public Enterprises

By Application

  • Fraud Detection
  • Digital Signature
  • Forensic Voice Analysis and Criminal Investigation
  • Transaction Processing
  • Access Control
  • Workforce Management

By Industry

  • BFSI
  • Government & Utilities
  • Retail
  • Transport & Logistics
  • Education
  • IT & Telecom
  • Manufacturing
  • Hospitality
  • Professional Services (Security, Legal, Field Services)

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Western Europe
      • The UK
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Western Europe
    • Eastern Europe
      • Poland
      • Russia
      • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia & New Zealand
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA
  • South America
    • Argentina
    • Brazil
    • Rest of South America

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About Astute Analytica:
astute analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

Get in touch with us:

Phone number: +18884296757

Email :

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