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Voice Biometrics Market 2020: Upcoming Trends, Growing Demand, Future Growth, Key Factors & Business Opportunity 2025

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The voice biometrics technology is used for voice recognition with the analysis of users’ pitch, voice, speech, and tones. It offers a high security as voice of an individuals’ is unique and distinctive just like as a fingerprint. Increasing demand for strong fraud detection and growing popularity across several sectors are some of the crucial factors boosting the growth of global voice biometrics market. On the other hand, security issues and high cost are restraining the growth of the global voice biometric market.

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The international market for voice biometrics is predicted to attract significant growth due to the huge advancements in software as well as hardware. In addition to this, the high penetration of tablets, smartphones, and several wearable technologies has led to the huge demand for innovative foolproof safer solutions, such factors responsible to boost the growing demand for voice biometrics market. The increasing adoption of IoT technology, wherein user’s security and privacy needs to be protected is fueling the acceptance of biometric solutions. Likewise, landline and mobile phones, microphone, virtual private network, radio network, and voice with IP networking are some types of communication network which can be utilized for biometrics technology.

Moreover, voice biometrics technologies are hugely gaining traction owing to the high level security that they provide. From mobile applications to phone system, voice biometric technologies are adopted as they offer safe and secure authentication. Thus, voice, speech, range, and pitch of an individual are used as parameters for voice recognition. In addition, voice biometrics provides a high level of accuracy, and it is the only technology which does not need extra dedicated hardware like fingerprint sensor or iris-scanning kit apart from microphone. Furthermore, voice biometric solution offers a high accuracy due to technological innovations in microphones and processing power.

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The global voice biometrics market segmented on the basis of component into software and services. Out of theses, the software segment is accounted to hold a highest market size over the predicted period. The segment is expected to grow with a healthy growth rate into coming years, owing to its huge adoption. In addition to this, the requirement for faster, easy, as well as convenient authentication of user is anticipated to boost the voice biometrics market growth. In terms of application, the market offers fraud detection, fraud prevention, authentication, access control, criminal investigation, forensic voice analysis, and other applications. On considering type, the market is segregated into active and passive voice biometrics. Depending on the deployment model, the global voice biometrics market is fragmented into cloud and on-premises. In terms of organization size, the market divided into large enterprises and small & medium enterprises. On considering industry verticals, the market is segregated into government & defense, IT & telecom, BFSI, ecommerce & retail, healthcare, and others.

In terms of geographical front, the global voice biometrics market is divided into Europe, North America, APAC, Latin America, and MEA. The international market for voice biometrics is expected to witness the prominence of several leading companies such as Voice Pass Technology, MASYS Technology, agnito SL, SayPay Technologies INC., VoiceTrust Holding BV, SpeechPro ValidSoft, Voice Security Sysrems, Boid Ag, OneVault, and many others.

Based on Components, the voice biometrics market has the following segments:

Software

Services

Managed Services

Professional Services

Consulting

Deployment Integration

Support and Maintenance

Training and Education

Based on Applications, the voice biometrics market has the following segments:

Access Control and Authentication

Fraud Detection and Prevention

Forensic voice analysis and Criminal Investigation

Others (Speech Therapy, and Personalized User Experience)

Based on Types, the voice biometrics market has the following segments:

Active Voice Biometrics

Passive Voice Biometrics

Based on Deployment Models, the voice biometrics market has the following segments

On-premises

Cloud

Based on Organization Sizes, the voice biometrics market has the following segments

SMEs

Large Enterprises

Based on Industry Verticals, the voice biometrics market has the following segments:

BFSI

Government and Defense

Telecom and IT

Healthcare

Retail and eCommerce

Others

Based on Regions, the voice biometrics market has the following segments:

North America

US

Canada

Europe

UK

Germany

France

Rest of Europe

APAC

China

ANZ

India

Singapore

Rest of APAC

MEA

Middle East

Africa

Latin America

Mexico

Brazil

Rest of Latin America

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Table Of Contents:

Chapter 1. Executive Summary

Chapter 2. Research Methodology

2.1. Research approach

2.2. Scope, definition, and assumptions

2.3. Data sources

Chapter 3. Market Outlook

3.1. Introduction

3.2. Key trends

3.2.1. Market drivers

3.2.2. Market restraints

3.2.3. Market opportunities

3.3. Value chain analysis

3.4. Porter’s Five Forces analysis

3.5. PESTEL analysis

3.6. Vendor landscape analysis, 2019

Chapter 4. Global Voice Biometrics Market Overview, By Type

Chapter 5. Global Voice Biometrics Market Overview, By Application

Chapter 6. Global Voice Biometrics Market Overview, By Region

6.1. Global Voice Biometrics Market share, by region, 2019 & 2025

6.2. North America

6.2.1. Market size and projections, 2019-2025

6.2.2. Market size and projections, by type, 2019-2025

6.2.3. Market size and projections, by application, 2019-2025

6.2.4. US

6.2.4.1. Market size and projections, 2019-2025

6.2.4.2. Market size and projections, by type, 2019-2025

6.2.4.3. Market size and projections, by application, 2019-2025

6.3. Europe

6.3.1. Market size and projections, 2019-2025

6.3.2. Market size and projections, by type, 2019-2025

6.3.3. Market size and projections, by application, 2019-2025

6.3.4. Germany

6.3.4.1. Market size and projections, 2019-2025

6.3.4.2. Market size and projections, by type, 2019-2025

6.3.4.3. Market size and projections, by application, 2019-2025

6.3.5. UK

6.3.5.1. Market size and projections, 2019-2025

6.3.5.2. Market size and projections, by type, 2019-2025

6.3.5.3. Market size and projections, by application, 2019-2025

6.4. Asia Pacific

6.4.1. Market size and projections, 2019-2025

6.4.2. Market size and projections, by type, 2019-2025

6.4.3. Market size and projections, by application, 2019-2025

6.4.4. China

6.4.4.1. Market size and projections, 2019-2025

6.4.4.2. Market size and projections, by type, 2019-2025

6.4.4.3. Market size and projections, by application, 2019-2025

6.4.5. India

6.4.5.1. Market size and projections, 2019-2025

6.4.5.2. Market size and projections, by type, 2019-2025

6.4.5.3. Market size and projections, by application, 2019-2025

6.5. South America

6.5.1. Market size and projections, 2019-2025

6.5.2. Market size and projections, by type, 2019-2025

6.5.3. Market size and projections, by application, 2019-2025

6.5.4. Brazil

6.5.4.1. Market size and projections, 2019-2025

6.5.4.2. Market size and projections, by type, 2019-2025

6.5.4.3. Market size and projections, by application, 2019-2025

6.6. Middle East & Africa

6.6.1. Market size and projections, 2019-2025

6.6.2. Market size and projections, by type, 2019-2025

6.6.3. Market size and projections, by application, 2019-2025

Chapter 7. Company Profiles

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Heat Exchanger Market : Industry Analysis and Forecast (2017-2024)

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Global Heat Exchangers Market is expected to reach USD 26.55 Billion by 2024 from USD 13.93 Billion in 2016 at a CAGR of 8.4%.

1MMR

Surge in power requirement for commercial and non-commercial purposes, and increase in population and economic growth in the developing nations are of the factors driving the market growth. Technological development in heat exchanger and growth have a impact on the heat exchanger market such as the development of waste heat recovery heat exchangers and the introduction of exhaust gas recirculation coolers. Fluctuating prices of raw material may hamper the growth of the heat exchanger market.
Global Heat Exchangers Market

Heat exchangers market based on type has been segmented into shell & tube, air cooled, plate & frame and others. Shell & tube type heat exchanger segment is is most popularly used exchanger.Shell & tube heat heat exchanger offers high surface are with high efficiency and performance. Heat exchangers are widely accepted equipment owing to its eco-friendly and energy-efficient properties.

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Chemical, petrochemical and oil & gas, food & beverage, paper & pulp, power generation and others. Chemical segment dominates the heat exchanger market. Heat exchanger in chemical industry is used for heating, cooling , steam generation and heat transfer. Heat exchanger is commonly used in synthesis flow process of various derivative chemical. Chemical segment is followed by oil & gas industry.

Geographically, the heat exchangers market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America is expected to hold largest shares of the market during the forecast period. This is due to the large installed plant capacities of heat exchangers and it is an export-based heat exchangers market.

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Scope of the report:

Heat Exchangers Market, by Type:
• Shell & Tube
• Air Cooled
• Plate & frame
• Others

Heat Exchangers Market, by Application:
• Chemical
• HVACR
• Petrochemical and Oil & Gas
• Food & Beverage
• Paper & Pulp
• Power Generation
• Others

Heat Exchangers Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Key Players Analysed in the Report:

• Alfa Laval AB (Sweden)
• Danfoss A/S (Denmark)
• Kelvion Holdings Gmbh (Germany)
• SPX Corporation (US)
• API Heat Transfer Inc. (US)
• Xylem Inc. (US)
• Gunter AG & Co. KG (Germany)
• Hindustan Dorr-Oliver Ltd. (India)
• Hamon & Cie International SA (Belgium)
• Hisaka Works, Ltd. (Japan)

MAJOR TOC OF THE REPORT

Chapter One: Heat Exchangers Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Heat Exchangers Market Competition, by Players

Chapter Four: Global Heat Exchangers Market Size by Regions

Chapter Five: North America Heat Exchangers Revenue by Countries

Chapter Six: Europe Heat Exchangers Revenue by Countries

Chapter Seven: Asia-Pacific Heat Exchangers Revenue by Countries

Chapter Eight: South America Heat Exchangers Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Heat Exchangers by Countries

Chapter Ten: Global Heat Exchangers Market Segment by Type

Chapter Eleven: Global Heat Exchangers Market Segment by Application

Chapter Twelve: Global Heat Exchangers Market Size Forecast (2019-2026)

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Global Neurovascular Devices Market : Industry Analysis and Forecast (2017-2026)

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Global Neurovascular Devices Market was valued US$ 1.95 Bn in 2017 and is expected to reach US$ 4.34 Bn by 2026, at CAGR of 10.52% during forecast period.

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Advancement of innovative technology has led to significant demand for procedures with minimum invasion. Slightly invasive procedures offering benefits to the patients including decreased pain, less blood loss and cost-effectiveness will increase adoption of neurovascular surgeries, these factors will also help to accelerate neurovascular devices market growth.

Furthermore, Technological advancements in neurovascular devices will help as a high impact rendering factor for neurovascular devices industry growth. Additionally, a growing number of cases of a brain aneurysm and ischemic stroke across the U.S. will be a major factor driving market growth. Ischemic stroke is the highest occurring subtype of stroke in the U.S. and stroke is the fourth leading mortality factor. According to The American Journal of Medicine, approximately 795,000 strokes occur each year in the country. With increasing geriatric population across the country, the burden of ischemic stroke is rapidly rising that will result in substantial demand for neurovascular devices over the upcoming years

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At the same time, the greater cost associated with neurovascular devices and treatment can reduce the adoption and customer preference for the devices. Furthermore, challenges pertaining to commercialization of neurovascular devices due to lack of resources and proper business environment across emerging economies may restrict neurovascular devices market growth in the foreseeable future.

Based on type, Embolic coils product segment accounted for the largest market size of USD XX million in 2017. Minimal invasion, shape and size flexibility these benefits offered by embolic coils will contribute to the segmental growth. Embolic coils are cost-effective and offer sub-optimal angiographic results. With increasing patient suffering from a brain aneurysm, neurovascular devices market will foresee a remarkable increase in demand during the forecast period.

Among the regions, Asia-Pacific holds the largest share of neurovascular devices market, in 2017. This region is expected to continue its dominance during the forecast period. North America accounted for the largest market share of the total market in 2017 and is expected to hold the top position over the forecast period. Key factors driving this growth include favorable reimbursement structure, especially in the U.S., extensive R&D investments, and wide product usage by neurosurgeons supported by the availability of advanced technologies with higher efficiency and reliability. The Asia Pacific is the fastest-growing region, with India and China on the forefront. Major revenue contributor in this region is Japan, which is anticipated to maintain dominance during the forecast period, on account of increasing awareness about neurovascular diseases and its management.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global neurovascular devices market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global neurovascular devices market.

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Scope of Global Neurovascular Devices Market:

Global Neurovascular Devices Market, By Type:

• Cerebral Embolization and Aneurysm Coiling Devices
o Embolic Coils
o Flow Diversion Devices
o Liquid Embolic Agents
• Cerebral Angioplasty and Stenting Systems
o Carotid Artery Stents
o Embolic Protection Systems
• Neurothrombectomy Devices
o Clot retrieval Devices
o Suction Devices
o Vascular Snares
• Support Devices
o Micro Catheters
o Micro Guidewires

Global Neurovascular Devices Market, By Therapeutic Application:

• Stroke
• Cerebral Artery Stenosis
• Cerebral Aneurysm
• Others

Global Neurovascular Devices Market, By End-user:

• Hospitals
• Clinics
• Ambulatory Surgical Centers
Others

Global Neurovascular Devices Market, By Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Key Players Operated in Market Include:

• Stryker Corporation
• Medtronic plc
• Johnson & Johnson
• Terumo Corporation
• Penumbra, Inc.
• Abbott Laboratories
• Merit Medical Systems, Inc.
• W. L. Gore & Associates, Inc.
• MicroPort Scientific Corporation

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MAJOR TOC OF THE REPORT

Chapter One: Neurovascular Devices Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Neurovascular Devices Market Competition, by Players

Chapter Four: Global Neurovascular Devices Market Size by Regions

Chapter Five: North America Neurovascular Devices Revenue by Countries

Chapter Six: Europe Neurovascular Devices Revenue by Countries

Chapter Seven: Asia-Pacific Neurovascular Devices Revenue by Countries

Chapter Eight: South America Neurovascular Devices Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Neurovascular Devices by Countries

Chapter Ten: Global Neurovascular Devices Market Segment by Type

Chapter Eleven: Global Neurovascular Devices Market Segment by Application

Chapter Twelve: Global Neurovascular Devices Market Size Forecast (2019-2026)

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Global Gunshot Detection System Market : Industry Analysis and Forecast (2017-2026)

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Global Gunshot Detection System Market was valued US$ 920.2 Mn in 2017 and is expected to reach US$ 7120.7 Mn by 2026, at CAGR of 29.2% during forecast period.

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The major growth drivers of the gunshot detection system market include the rise in demand for advanced security systems, increasing demand for security in various industry verticals, and rising criminal activities in urban areas. In addition, Increased incidences of gun-firing, especially at school premises, have led to various security measures, such as warning people in close proximity and alerting authorities to the location of the shooting all these factors will drive the growth of Gunshot Detection system market during the forecast period. Increasing government initiative side has led to the growth of the Gunshot Detection system across the globe. The latest trend for smart cities across the globe is resulting in the quantitative increase in demand of Gunshot across the nation.

Growing investment in border security is also likely to drive the market growth in the coming years, as gunshots systems can help border security forces to detect and stop any attempts of smuggling, infiltration, and illegal immigration. Also, with a little amendment of the system, it might be possible for the manufacturers to help forces identify criminals and detect illegal entry even in the absence of gunshots. Various law enforcement agencies across global are now deploying various strategies in order to control the increased incidents related to the mass shooting, which will further increase the demand and interest in advanced gunshot detection technology.

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At the same time, the factors that are limiting the market are the scarcity of gunshot detection professionals, the high installation cost of gunshot detection systems. Also, worldwide financial uncertainty and macroeconomic situations such as currency exchange rates and economic difficulties are some of the major challenges which are hampering the growth of Gunshot Detection System Market.

Based on the installation, the vehicle installations segment is expected to account for the largest share of the gunshot detection system market over the period. The growth in the vehicle installations segment is due to the upgradation of existing armored vehicle fleets. The increasing delivery of new armored vehicles is also leading to increasing demand for armored vehicles. Increasing soldier modernization programs are also contributing to the demand for overall GDS.

The global gunshot detection systems market is mainly dominating by Raytheon products, both in military and civilian applications. Shotspotter, which sells civilian versions of Raytheon’s gunshot detection system through the license, generated a revenue of around XX million in 2017. The product obtaining cost for gunshot detection systems is very low. The civilian usage of gunshot detection systems is gradually increasing across various countries, with the threat from random shooters and terrorists augmenting the demand from civilians.

North America is expected to drive the growth of the gunshot detection system market during the forecast period, 2017 to 2026. The gunshot detection system market in North America is expected to witness growth, because of the largest civilian gunfire deaths in the region, especially in the US where the firearm-related death rate is 25 times higher than other countries. Major US cities are planning to install indoor gunshot detection systems at universities, corporate office locations, and financial facilities, among others, over the next few years.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the Global Gunshot Detection System Market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Gunshot Detection System Market.

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Scope of Global Gunshot Detection System Market:

Global Gunshot Detection System Market, By Type:

• Indoor
• Outdoor
Global Gunshot Detection System Market,By Installation:

• Fixed Installation
• Wearable Installation
• Vehicle Mounted Installation
Global Gunshot Detection System Market, By Application:

• Military
• Law Enforcement
Global Gunshot Detection System Market, By Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Key Players Operated in Market Include:

• Raytheon Company
• Thales Group
• Battelle Memorial Institute
• Rafael
• Safran Electronics & Defense
• Rheinmetall AG
• ELTA Systems Ltd

MAJOR TOC OF THE REPORT

Chapter One: Gunshot Detection System Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Gunshot Detection System Market Competition, by Players

Chapter Four: Global Gunshot Detection System Market Size by Regions

Chapter Five: North America Gunshot Detection System Revenue by Countries

Chapter Six: Europe Gunshot Detection System Revenue by Countries

Chapter Seven: Asia-Pacific Gunshot Detection System Revenue by Countries

Chapter Eight: South America Gunshot Detection System Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Gunshot Detection System by Countries

Chapter Ten: Global Gunshot Detection System Market Segment by Type

Chapter Eleven: Global Gunshot Detection System Market Segment by Application

Chapter Twelve: Global Gunshot Detection System Market Size Forecast (2019-2026)

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Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Lumawant Godage

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Email: [email protected]

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