SOURCE: Research and Markets

Research and Markets

February 18, 2016 11:05 ET

Global Voice Recognition Biometrics Market 2015-2019 -- Voice Authentication Process Acts as Added Layer of Security for Online Transactions

DUBLIN, IRELAND--(Marketwired - February 18, 2016) - Research and Markets has announced the addition of the "Global Voice Recognition Biometrics Market 2015-2019" report to their offering.

The global voice recognition biometrics market is expected to grow at a rate of 22.15% during 2015-2019.

VISA is expected to use voice authentication process to allow its customers to 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.

Key vendors

  • AGNITiO
  • Nuance Communications
  • VoicePass Technology
  • VoiceTrust
  • VoiceVault

Other prominent vendors

  • M2SYS Technology
  • OneVault
  • SpeechPro
  • Uniphore
  • ValidSoft
  • 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

For more information, visit http://www.researchandmarkets.com/research/fcbdx8/global_voice.

Sector: Biometrics

Contact Information

  • Research and Markets,
    Laura Wood,
    Senior Manager.
    press@researchandmarkets.com
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