Voice Recognition Biometrics Market to Grow at 22.15% CAGR to 2019 Forecasts a New Research Report at ReportsnReports.com
Pune. MH (PRWEB) August 20, 2015 -- ‘Global Voice Recognition Biometrics Market 2015-2019’, a systematic articulation of elaborative sections, that aims at delivering thorough business understanding to the user. The research report highlights the key-growth prospects of the voice recognition biometrics industry over the coming span of time. Also, the report enlists the current market challenges that are being faced by the existing industry players. According to the report forecast, the global voice recognition biometrics market is estimated to grow at a CAGR of 22.15% over the forecast period of 2014-2019. Browse the report at http://www.reportsnreports.com/reports/413160-global-voice-recognition-biometrics-market-2015-2019.html. Single User License Copy of the report is US $2500.
The 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
The ‘Global Voice Recognition Biometrics Market 2015-2019’ report begins with addressing all elementary facets of the industry, elaborating the business abbreviation, and decoding the complex business terminologies for the user. Then, the report moves toward explaining market research methodology, enlisting the current market research procedures and the various economic indicators that may affect the research procedure on various levels. The market description included in the report provides a thorough understanding of the industry whereabouts to the user by highlighting the functioning, business value, and comparing the voice recognition biometrics with other identical technologies available in the market. The subsequent section of the report, lays-out an in-depth analysis of the current market conditions by carrying out a five-force analysis on the industry, providing insights on present industry’s shares in the global biometrics industry. In the next few sections, the report talks about the product life cycle analysis, the emerging trends in the global voice recognition biometrics industry, the current and the future application areas of voice recognition biometrics systems, and potential security risks with voice recognition biometrics. Order a Copy of Voice Recognition Biometrics Market report at http://www.reportsnreports.com/purchase.aspx?name=413160.
The research report has segmented the global voice recognition biometrics market: on the basis of the end-users of the industry and on the basis of the key-geographical regions of the business. The prior section enlists the area of application of voice recognition biometrics, like: government sector, automotive sector, healthcare sector, BFSI sectors. Whereas, the latter segment of the section, focuses on highlighting the prime-business market for the industry over the period of 2014-2019. Further, the report incorporates a few sections that elaborates the existing market challenges and drafts thorough description of the existing vendor landscape in the market. Also, the report conscripts various partnerships and acquisition that are happening in the global voice recognition biometrics market.
Key vendors: AGNITiO, Nuance Communications, VoicePass Technology, VoiceTrust and VoiceVault
Other prominent vendors: M2SYS Technology, OneVault, SpeechPro, Uniphore, ValidSoft and Voice Security Systems
Lastly, the report focuses on explaining the key-business strategies of the industry giants by drafting a key-vendor analysis. The section aims at delivering a complete understanding of the current competition scenario of the global voice recognition biometrics market, enlisting: key-facts, business overviews, development of the product, and SWOT analysis of each vendor. The report concludes with a precise conclusion that summarizes all the key-findings of various surveys and research modules that were conducted while formulating the report.
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