Press release
Face and Voice Biometrics Market : Government segment to Rise at 14.7% CAGR by 2025
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/5093
Factors as such will continue to promote the use of face & voice biometrics across the globe. In 2016, over US$ 4.5 Bn worth of face & voice biometric solutions were sold in the world. Persistence Market Research’s latest report, titled “Face & Voice Biometric Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025),” cites that by the end of 2025, the global face & voice biometrics market will have surged at a stellar 18.1% CAGR.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/face-voice-biometrics-market.asp
According to the report analysis, North America’s face and voice biometric market is expected to witness highest growth over the forecast period. Along with Asia-Pacific, North America’s face & voice biometric revenues are expected to account for over 66% of the global market revenues by 2017-end. Europe, on the other hand, is expected to witness moderate growth in its face & voice biometric market, which will be primarily backed by steady demand for face and voice biometrics in government offices, law enforcement facilities, and military & defense sector.
The report also forecasts that revenue from sales of face biometric solutions in the global market will witness a rise from US$ 4.6 Bn in 2017 to an estimated US$ 17.7 Bn by 2025-end. Meanwhile, biometric solutions developed on voice recognition technologies are projected to create incremental opportunity of US$ 4.5 Bn between 2017 and 2025. The report also reveals higher demand for conventional type of face & voice biometrics, as opposed to mobile.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/face-voice-biometrics-market/toc
Governments will be the largest end-users of face & voice biometrics in the world, while revenues from military & defense and law enforcement agencies will register speedy growth at 19.6% CAGR during the forecast period. The report has also profiled leading developers of face & voice biometric solutions as key players in the global market, and they include 3M Cogent, Inc., Apple, Inc.., NEC Corporation, ImageWare System, Inc., Cognitec Systems GmbH, Atos SE, Morpho (Safran), Nuance Communications, Inc., FaceFirst, M2SYS Technologies.
Global Market Study on Face and Voice Biometrics is available for US$4,900 http://www.persistencemarketresearch.com/checkout/5093
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