Auraya Listed as a leader in Mordor Intelligence’s Global Voice Recognition Market Report
Mordor Intelligence recently released their latest Global Voice Recognition Market (2020-2025) report listing Auraya Systems as a leader in the industry. The report highlights the current market dynamics and growth opportunities of the global voice recognition market. It also covers the impacts of novel technology developments and an overview of competitive intelligence, product innovations and strategies of industry participants such as Auraya Systems.
Mordor Intelligence estimates the compound annual growth rate (CAGR) of the voice recognition market from 2019 to 2025 to be 16.73% with the main applications of voice recognition being telephony IVR, biometric and forensic voice analysis, hands-free computing, automatic translation, healthcare for clinical documentation and in-car systems for user assistance.
In this report, Mordor Intelligence covers key vendor profiles such as Nuance Communications Inc, Auraya Systems Pty Ltd, Microsoft Corporation, Apple Inc, Alphabet Inc and Amazon.com Inc. Mordor Intelligence places Auraya as a leader in voice biometric technology. Auraya continues to develop their ArmorVox voice biometric engine. ArmorVox provides a full suite of voice biometric capabilities in telephony and digital channels allowing organizations to streamline and improve customer experience and security. ArmorVox enables organizations to identify and verify the identity of employees or customers by simply using their voice. Auraya’s ArmorVox engine also powers EVA, the voice biometric extension for Amazon Connect, allowing new and existing Amazon Connect customers to deploy voice biometric identification and verification capabilities and take advantage of the voice biometric benefits immediately. Soon, EVA will be available on the AWS marketplace where AWS customers can deploy EVA by simply installing the service and paying for the EVA consumption as part of their monthly AWS consumption fee,
Auraya’s CEO, Paul Magee, says “It is a testament to the Auraya product development team that our technology has been recognised by leading industry analysts as world leading. The product development team at Auraya have been focussed for a decade on creating the world's most secure voice biometric technology that is easy for organizations to deploy and convenient for consumers to use. We are confident that the security, privacy and convenience benefits that are delivered to consumers in all channels by voice biometrics will drive greater market growth in the years ahead”.
