Voice biometrics forecast to grow at 22.8 percent rate to $3.9B by 2026

April 3, 2023 ⚊ 1 Min read ⚊ Views 40 ⚊ BLOG

The voice biometrics market will spike from $1.1 billion in 2020 to $3.9 billion in 2026, a robust compound annual growth rate of 22.8 percent, driven by demand from the banking, financial services and insurance (BFSI) industry, as well as the need to reduce authentication costs, according to a new report from MarketsandMarkets.

Read details: https://www.biometricupdate.com/202104/voice-biometrics-forecast-to-grow-at-22-8-percent-rate-to-3-9b-by-2026

Tags: Voice Biometrics Market

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