Voice Biometrics Market Size, Insights, Growth Rate, Trends Analysis And Forecast To 2030

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According to MarkNtel Advisors study The Global Voice Biometrics Market size was valued at around USD 2.53 billion in 2022 and is estimated to grow at a CAGR of about 23.48% during the forecast period, i.e., 2025-30. The high cyber security threats, advancements in voice recognition technology, substantial adoption of voice assistants & voice-activated devices, soaring digitalization of industries, and regulatory compliance & data privacy requirements enhanced the adoption of voice biometrics across verticals such as BFSI, healthcare, telecommunication, etc. Thus, aiding in enhancing the market share. Additionally, as the reliance on IT infrastructure has been growing exponentially in the BFSI sector due to a surge in online financial transactions, the adoption of voice biometrics heightened.

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Voice Biometrics Market Segmentation Analysis:

The Voice Biometrics Analysis, 2025-2030 report provides in-depth insights into the industry’s expansion across different segments as cited below in order to aid stakeholders in gaining information associated with the changing operational interface after contemplating the governing policies, regulations, & other external factors influencing the industry.

By Type

  • Active Voice Biometrics - Market Size & Forecast 2020-2030, (USD Million)
  • Passive Voice Biometrics - Market Size & Forecast 2020-2030, (USD Million)

By Deployment

  • On-Premise - Market Size & Forecast 2020-2030, (USD Million)
  • Cloud - Market Size & Forecast 2020-2030, (USD Million)

By Authentication Process

  • Automated IVR- Market Size & Forecast 2020-2030, (USD Million)
  • Agent-Assisted - Market Size & Forecast 2020-2030, (USD Million)
  • Mobile Applications - Market Size & Forecast 2020-2030, (USD Million)
  • Employee Authentication - Market Size & Forecast 2020-2030, (USD Million)

By Application

  • Authentication and Customer Verification - Market Size & Forecast 2020-2030, (USD Million)
  • Forensic Voice Analysis and Criminal Investigation - Market Size & Forecast 2020-2030, (USD Million)
  • Fraud Detection and Prevention - Market Size & Forecast 2020-2030, (USD Million)
  • Risk and Emergency Management - Market Size & Forecast 2020-2030, (USD Million)
  • Transaction Processing - Market Size & Forecast 2020-2030, (USD Million)
  • Access Control - Market Size & Forecast 2020-2030, (USD Million)
  • Workforce Management - Market Size & Forecast 2020-2030, (USD Million)
  • Others (Vocal Passphrase, Speech Therapy, etc.) - Market Size & Forecast 2020-2030, (USD Million)

The adoption of voice biometrics for Authentication & Customer Verification has registered substantial growth due to its significant adoption in public services, healthcare, and e-commerce.

By Vertical

  • Banking, Financial Services, & Insurance (BFSI)- Market Size & Forecast 2020-2030, (USD Million)
  • Government - Market Size & Forecast 2020-2030, (USD Million)
  • Healthcare- Market Size & Forecast 2020-2030, (USD Million)
  • Retail & E-commerce- Market Size & Forecast 2020-2030, (USD Million)
  • IT & Telecommunication - Market Size & Forecast 2020-2030, (USD Million)
  • Transportation & Logistics - Market Size & Forecast 2020-2030, (USD Million)
  • Others (Education, Hospitality, etc.) - Market Size & Forecast 2020-2030, (USD Million)

The Healthcare segment experienced an increasing demand for voice biometrics solutions & is predicted to grasp a substantial market share due to the mandatory protection of sensitive data related to the consumer’s health.

By Enterprise Size

  • Large Enterprises - Market Size & Forecast 2020-2030, (USD Million)
  • Small & Medium Enterprises- Market Size & Forecast 2020-2030, (USD Million)

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Regional/Country-Level Landscape of the Voice Biometrics:

This section of the research report cites various factors that determine the revenue & volume growth of the Voice Biometrics during 2025-32 across different geographic locations, which shall help readers comprehend the worth of investing in a particular country or a region.

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific.

North American region is renowned for being an early adopter of cutting-edge technologies, like voice authentication, in numerous industries. 

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Voice Biometrics Market Competitive Overview

The competitive analysis is another prominent section of the report intended to help stakeholders devise approaches before investing in the Voice Biometrics. Our analysts have undergone rigorous examination and put together all effective strategies used by the prominent players in the industry as mentioned below to boost their brand value and expand product portfolio, customer base, & visibility across different regions/countries. The stakeholders can also attain insights into the recent developments, product/service launches, and mergers & acquisitions, among other dynamics, to consolidate profits.

  • Aculab Inc.
  • Agnitio SL
  • BioCatch Ltd
  • LexisNexis Risk Solutions Inc.
  • Nuance Communications Inc.
  • One Vault
  • Pindrop Security Inc.
  • Phonexia SRO
  • Product Portfolio
  • Strategic Alliances or Partnerships
  • Recent Developments
  • Financial Details
  • Others
  • Uniphore Software Systems Pvt Ltd
  • Verint Systems Inc.
  • Voice Biometrics Group (VBG)
  • VoicePass Technology
  • ID R&D
  •  

Reasons to Buy Voice Biometrics Report

  • Delivers unbiased & accurate data on the changing dynamics of the Voice Biometrics, enabling stakeholders to develop business strategies & make investments after going through the factors impacting the growth trajectory of the industry.
  • Cites key elements backing the potential growth of the market in the forecast years while understanding the competitive scenario for strategic investments, product launches, mergers & acquisitions, and others.
  • Attain better knowledge to manage and organize business after examining the opportunities & challenges associated with sales & marketing in the industry.
  • Utilize the accurate & detail-driven analysis of the prominent players and their dominance in the market, helping the stakeholders to devise their strategies accordingly & get ahead of the competitors.

Customization Services

We also offer customization on the "Voice Biometrics Analysis, 2025" report that exhibits a comprehensive industry analysis to provide readers with specific in-depth market insights and help them succeed in today’s rapidly changing industry scenarios.

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/voice-biometrics-market.html

(Get personalized insights into company strategies and regional market dynamics.)

About us:

MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.

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