Showing posts with label voice biometrics forecast. Show all posts
Showing posts with label voice biometrics forecast. Show all posts

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!