Thursday, March 4, 2010

Updated Voice Biometrics Market Forecast through 2014


Yesterday, I posted projections for the global voice biometrics market (2009-2011). Derek Top, of Opus Research, was kind enough to send me a revised forecast covering the years 2008-2014.

As you can see from the chart, the market is expected to grow from $124 million (2009) to $260 million (2014). This represents a compounded annual growth rate of approximately 16%. According to the chart, the steepest growth is expected to occur between 2010-2011. So let's make this the year of voice biometrics!

No comments:

Post a Comment