Global Voice Recognition Biometrics Market 2015-2019
About voice recognition biometrics
Biometrics helps identify individuals based on their physical or behavioral features. It involves verification and identification of physiological traits through fingerprints, face recognition, DNA, palm vein prints, hand geometry, and iris recognition, and of behavioral traits through keystroke patterns and speech pattern/voice recognition. Biometrics technologies are considered more reliable compared to physical devices and numeric codes, as biometric traits are not prone to any change. Biometrics performs verification and identification processes to authenticate an individual.
In voice biometrics an individuals voice is digitized, which is matched against a stored voiceprint template. Acoustic features of an individual's voice such as pitch, cadence, and tone are compared to differentiate between different individuals. Voice verification systems require minimal hardware installation as many PCs already have a microphone. Also, unlike other biometric technologies, voice biometrics authenticates individuals in remote locations for various transactions.
Voice recognition systems can work in two different ways:
Text dependent: Any texts such as name, birth city, and favorite color, or a sequence of numbers is compared with a sample captured during the voice enrolment process
Text independent: These systems analyze various features of speech such as pitch, cadence, and tone
Technavio's analysts forecast the global voice recognition biometrics market to grow at a CAGR of 22.15% during 2014-2019.
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Covered in this report
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.
Technavio's 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.
Key vendors
AGNITiO
Nuance Communications
VoicePass Technology
VoiceTrust
VoiceVault
Other prominent vendors
M2SYS Technology
OneVault
SpeechPro
Uniphore
ValidSoft
Voice Security Systems
Market risk factors : High error rates
Voice biometric trends in various sectors : Healthcare sector
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Table of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market description
How voice biometrics works
Business value of voice biometrics
Comparison between voice biometrics and other biometric technologies
Advantages and disadvantages of voice biometrics
PART 06: Market landscape
Market overview
Share of voice recognition biometrics in global biometrics market
Market size and forecast
Five forces analysis
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