Voice Biometrics Market Trends, Growth, Size & Share Report

April 18, 2023 1 Min read Views 34 BLOG

The global Voice Biometrics Market 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.

Tags: voice biometrics

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