Global Voice Biometrics Market Worth $ 4.1 Billion by 2020

Date: 2018-03-05

Voice biometrics is the identification of a person from characteristics of voices (Speaker recognition). Voice Biometrics includes Web Based Voice Biometrics, Small-Medium Size Software Voice Biometrics and System Deployed Voice Biometrics on the base of classification, which represent 12.6%, 41.8% and 45.6% of global Voice Biometrics market. 

Government sector, Banking & financial service, Automotive and Healthcare industry are the main application of Voice Biometrics product and North American is the largest Voice Biometrics market on production and consumption.

Global Voice Biometrics market is projected to reach $ 4.1 Billion by 2020, with a GAGR of 12.2% from 2016, and Asia will have a big dynamic momentum on the market growth. The major players in the global Voice Biometrics market are iFlytek, Baidu, Aliyun iDST, Nuance Communications, M2SYS Technology, AGNITiO, VoiceTrust etc.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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