• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Strong Growth for Voice Biometrics, Smart Car Integrations

May 4, 2015

AnalysisStrong Growth for Voice Biometrics, Smart Car Integrations from TechNavio predicts strong growth for the voice recognition market over the next few years. Entitled “Global Voice Recognition Market 2015-2019”, the new market study predicts growth of 9.4 percent CAGR for the forecast period.

The report cites an increasing interest in biometric technology in general as a major market driver, and also points to the healthcare sector specifically as a major factor. In terms of current areas of strength, the reports notes that the technology is already pretty widespread in mobile banking – a trend that will probably keep growing as more financial institutions seek to integrate biometric authentication into their mobile apps and services.

Among the more prominent vendors listed in the report are ValidSoft, Microsoft, Agnitio, and Nuance Communications, a company already very involved in the financial services sector. Interestingly, Nuance has also branched into developing voice biometric systems for use in smart cars – a voice biometrics subfield that may be growing even faster; another report from TechNavio, “Global Automotive Voice Recognition Market 2014-2018“, predicts a CAGR of 10.59 percent for the forecast period for that market. The smart car is only just starting to emerge, so given its potential for technological tie-ins in the burgeoning Internet of Things, voice biometrics technologies could find a lot of room for growth in this area.

—

(Source: FindBiometrics)

Related News & Articles

Lenovo K5 Note Sports FPC1035 Sensor

Organizers Announce New Details for Trustech 2017

Apple Files Patent for Under-Display Fingerprint Sensor

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Saskatchewan Privacy Commissioner Urges Development of Optional Digital ID
  • Wearable Authentication Company Closes $13 Million Funding Round
  • Fobi and Barnet Unveil New Digital Wallet Loyalty Solution
  • IPification Partners With Major Indonesian Telecom
  • INTELITY Streamlines Hotel Check-in With Mobile ID Solution

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 MobileIDWorld