|[April 11, 2017]
World Voice Biometrics Market - Opportunities & Forecasts to 2022 - Cloud Computing, Social Networking & Building Security - Research and Markets
Research and Markets has announced the addition of the "World
Voice Biometrics Market - Opportunities and Forecasts, 2014 - 2022"
report to their offering.
Voice biometrics is utilized for voice recognition through analysis of
an individuals pitch, speech, voice and tone. In terms of security, it
has a great advantage over passwords, as a password can be easily
tracked or hacked; voice of an individual is as distinctive and unique
as a fingerprint. In voice biometrics, a voice is recognized in two
patterns, namely text-dependent and text-independent.
Gaining popularity among various sectors such as the entertainment
industry, cloud computing, social networking, and building security is
one of the major factors responsible to drive the growth of the voice
biometrics market. Furthermore, huge demand for high-level scurity in
the financial sector and increasing public awareness are also expected
to provide growth to the market. A major factor restricting the growth
of the market are issues related to privacy and high cost.
The world voice biometrics market is segmented into end user and
geography. Based on end user, the market is segmented into automotive,
banking & financial service, government sector, healthcare industry, and
mobile industry. By component, the market is segmented into software and
Geographically, the market is segmented into four regions namely North
America, Europe, Asia-Pacific, and LAMEA. Presently, North America
occupies the major of the market. In 2015, South African credit
solutions firm TransUnion signed a partnership with OneVault to develop
national level voice bank.
American Safety Council
Nuance (News - Alert) Communications
VoiceTrust Holding BV
Voice Biometrics Group (VBG).
For more information about this report visit http://www.researchandmarkets.com/research/3g64m6/world_voice
View source version on businesswire.com: http://www.businesswire.com/news/home/20170411005886/en/
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