DUBLIN, Oct. 23, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/zl6bz4/global_voice) has announced the addition of the "Global Voice Recognition Biometrics Market 2015-2019" report to their offering.
The global voice recognition biometrics market to grow at a CAGR of 22.15% during 2014-2019.
The report, Global Voice Recognition Biometrics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
This report covers the present scenario and the growth prospects of the global voice recognition biometrics market for 2015-2019. To calculate the market size, the report considers revenue generated from the sales of voice recognition biometric solutions. These include voice receiver, voice recorder, modulator, voice biometrics software, and database. The report includes revenue generated from hardware, software, and integrated solutions. Revenues generated from aftersales services are not included in the market size calculation.
VISA is expected to use the voice authentication process to allow its customers reset their passwords through an automated system. The technology will be used to verify online purchases, wherein customers must speak into a microphone to authenticate their transactions. This would provide an added layer of security for online transactions made through credit cards.
According to the report, mobile devices such as smartphones, laptops, and tablets can be lost or stolen. Most of these devices can be secured by a passcode, which can be acquired or disabled. Voice biometrics prevent a mobile device from being used by anyone other than its owner, increasing the convenience for customers.
Further, the report states that rise in error rates will act as a challenge for this market.
The report provides a detailed analysis of the following:
- End-users: government sector, automotive sector, healthcare sector, and BFSI sector
- Geographies: North America, APAC, Europe, Latin America, and MEA
- Nuance Communications
- VoicePass Technology
Other prominent vendors
- M2SYS Technology
- Voice Security Systems
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market description
Part 06: Market landscape
Part 07: Product life cycle analysis
Part 08: IoT: An emerging trend
Part 09: Voice biometrics in various sectors
Part 10: Current applications of voice biometrics
Part 11: Future applications of voice biometrics
Part 12: Security issues with voice biometrics
Part 13: Market segmentation by end-user
Part 14: Geographical segmentation
Part 15: Challenges
Part 16: Vendor landscape
Part 17: Summary of vendors
Part 18: Key vendor analysis
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SOURCE Research and Markets