Lamea Voice Biometrics Market By Component (Solution, Services), Application (Access Control and Authentication, Fraud Detection and Prevention, Forensic Voice Analysis and Criminal Investigation), Organization Size (Large Enterprises, Small and Medium Enterprises), Type (Active Voice Biometrics, Passive Voice Biometrics), End User (BFSI, Healthcare and Life Sciences,Retail and Ecommerce, Telecom and IT, Government and Defense)

Analysis of Market Size & Trends

The Latin America, Middle East and Africa Voice Biometrics Market would witness market growth of 28.2% CAGR during the forecast period (2018 - 2024). Voice biometrics utilizes voice patterns for producing distinctive identification for every individual, deploying over 100 physical and behavioral factors. These factors include pronunciation, emphasis, speech speed, accent, and physical characteristics of a human?s vocal tract, mouth and nasal passages. Key drivers of the voice biometric software market are increasing penetration of voice biometric structures, increasing investment in research and development of technological innovations, and implementation of biometric technology. Due to the advanced features provided by this software, demand for voice biometric software is growing exponentially.

Based in Component, the market is segmented into Solutions and Services. Based on Application, the market is segmented into Access Control & Authentication, Fraud Detection & Prevention, and Forensic Voice Analysis & Criminal Investigation. Based on Organization size, the market is segmented into large enterprises and Small & Medium Sized entertainment. Based on Type, the market is segmented into Active Voice biometrics and Passive Voice Biometrics. Based on End User, the market is segmented into BFSI, Healthcare & Life Sciences, Retail & Ecommerce, Telecom & IT, Government & Defense, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nuance Communications Inc., Verint Systems Inc., NICE Ltd., LexisNexis Risk Solutions Inc., Voice Biometrics Group, AimBrain Solutions Limited, Phonexia, VoicePin.com, Uniphore Software Solutions Pvt. Ltd., and LumenVox LLC.

Scope of the Voice Biometrics Market Analysis

By Component

• Solution
• Services

By Application

• Access Control & Authentication
• Fraud Detection & Prevention
• Forensic Voice Analysis & Criminal Investigation

By Organization Size

• Large Enterprises
• Small & Medium-Sized Enterprises

By Type

• Active Voice Biometrics
• Passive Voice Biometrics

By End User

• BFSI
• Healthcare & Life Sciences
• Retail & Ecommerce
• Telecom & IT
• Government & Defense
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Nuance Communications Inc.
• Verint Systems Inc.
• NICE Ltd.
• LexisNexis Risk Solutions Inc.
• Voice Biometrics Group
• AimBrain Solutions Limited
• Phonexia
• VoicePin.com
• Uniphore Software Solutions Pvt. Ltd.
• LumenVox LLC.