The global voice recognition biometrics market will grow from $1.09 billion in 2016 to reach $2.64 billion by the end of 2021, growing at a CAGR of 19.35%. Throughout this report, 2016 is considered the base year, and the values are estimated for 2017-2021.

PART 01: Executive summary 5

PART 02: Scope of the report 16

Definition of biometrics 16

Estimation of market 16

Segmentation 16

Vendors 18

Summation errors 18

Target audience 18

Recommended readings 18

Major-vendor offerings 19

PART 03: Market research methodology 20

Research methodology 20

Economic indicators 20

PART 04: Introduction 21

Key market highlights 21

Advantages and disadvantages of voice recognition

biometrics 23

PART 05: Workflow of voice recognition biometrics 27

Workflow of voice recognition biometrics 27

Security vulnerability by authentication methods 28

PART 06: Applications of voice recognition biometrics 29

VISA 29

eBay 29

Personal devices 29

Parking garages 29

PART 07: Security issues with voice recognition

biometrics 30

Security risks with voice recognition biometrics 30

Mitigating voice recognition biometrics risks 30

PART 08: Major developments 31

Emergence of cloud biometrics 31

Increasing use of NFC-based payments using voice

recognition biometrics 31

PART 09: Market landscape 32

Share of voice recognition biometrics in global biometrics

market 32

Global voice recognition biometrics market 33

PART 10: Market segmentation by end-user 35

Global voice recognition biometrics market by endusers

35

Global voice recognition biometrics market by enduser

36

PART 11: Geographical segmentation 40

Global voice recognition biometrics market segmentation

by geography 40

Global voice recognition biometrics market segmentation

by geography (revenue) 41

PART 12: Buying criteria 45

PART 13: Market drivers 47

Rising prominence of voice recognition biometrics in

BFSI sector 47

Increased adoption in healthcare sector 48

Popularity of voice recognition among law

enforcement 48

PART 14: Impact of drivers 50

PART 15: Market challenges 51

Lack of accuracy 51

Lack of standardization 51

Vulnerability of biometric systems 51

PART 16: Impact of drivers and challenges 53

PART 17: Market trends 54

Introduction of voice recognition biometrics in automotive

sector 54

Introduction of voice recognition in multimodal

biometrics 54

Introduction of voice recognition biometrics in

wearables 55

PART 18: Five forces model 57

PART 19: Vendor landscape 58

Competitive scenario 58

Vendor matrix 59

Competitive rating 62

Vendor highlights 63

Key partnerships 65

Other prominent vendors 66

PART 20: Major vendor profiles 68

AGNITIO 68

Nuance Communications 69

VoiceTrust 71

VoiceVault 72

PART 01: Explore Technavio 74