Global Voice Recognition Biometrics Market Will Grow At A CAGR Of 19.36% During The Period 2017-2021
About Voice Recognition Biometrics
Voice recognition biometrics digitizes an individual’s voice to match it against a stored voiceprint template. Acoustic features of an individual’s voice such as pitch, cadence, and tone are compared to distinguish between individual voices. Voice verification systems require minimal hardware installation, as most PCs already have a microphone and can authenticate individuals remotely for different transactions. Voice recognition biometrics are most likely to be deployed in telephone-based environments.
Technavios analysts forecast the global voice recognition biometrics market to grow at a CAGR of 19.36% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global voice recognition biometrics market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of voice recognition biometrics including voice receivers, voice recorders, modulators, voice recognition biometrics analyzing software, and databases. Report has also considered the revenue generated from hardware, software, and integrated voice recognition biometric solutions.
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Technavio’s report, Global Voice Recognition Biometrics Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.
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