New Report – Voice Biometrics Market worth $3.9 billion by 2026 with CAGR of 22.8% just published
April 14, 2023 ⚊ 1 Min read ⚊ Views 38 ⚊ NEWSThe report “Voice Biometrics Market by Component, Type (Active and Passive), Application (Authentication and Customer Verification, Transaction Processing), Authentication Process, Organization Size, Deployment Mode, Vertical, and Region – Global Forecast to 2026”, size to grow from USD 1.1 billion in 2020 to USD 3.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period. Factors such as the increasing demand for robust fraud detection and prevention systems across the Banking, Financial Services, and Insurance (BFSI) industry and the need for reducing authentication and identification costs are driving the adoption of voice biometrics solutions across the world.
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