Spitch Listed Among Major Global Players in Voice Biometrics Amid Market Growth
Spitch has been named among the major players in the voice fraud detection market alongside Microsoft, Pindrop, Daon, Veridas, and Omilia. As fraudsters use increasingly convincing voice deepfakes to target banks and insurers, reliable authentication has become more urgent than ever. Robust, anti-spoofing voice biometrics—the kind Spitch provides—is set to become indispensable for effective and dependable fraud prevention.
Market growth projections confirm this trend. The AI-powered voice fraud detection market is poised for rapid expansion, growing from $1.99 billion in 2024 to $2.46 billion in 2025 (a CAGR of 23.5%) and reaching $5.65 billion by 2029 (a CAGR of 23.1%), according to a new report. North America currently leads the market, while Asia-Pacific is expected to be the fastest-growing region over the forecast period.
Key growth drivers include:
- Rising fraud incidents, including synthetic voice/deepfake attacks
- Broader adoption of voice biometrics in contact centers
- Growing demand for scalable and reliable fraud prevention solutions
- Advances in liveness detection and multilingual biometrics
“The key strength lies not only in the Voice Biometrics product itself, but also in the synergy it creates with the other components of our Collaborative Agentic AI Platform. For example, the integration of spoofing detection and speaker recognition into our Dialog Composer toolkit and Speech Analytics solution is a strong differentiator from the competition,” says Dr. Igor Nozhov, Spitch CTO.
Spitch’s cutting-edge agentic AI technologies transform authentication and fraud prevention, offering an Identity Agent capable of autonomously deciding whether to deploy an additional authentication factor or to reject the attempt and trigger an alert when a spoofing attack is detected. Essential guardrails and flexible FAR/FRR settings ensure human-in-the-loop control remains a top priority. Spitch AI-powered fraud prevention solutions strictly adhere to the provisions of the EU AI Act and support secure hybrid and on-premises deployment.
Visit spitch.ai to learn more about Spitch Voice Biometrics with the Anti-Spoofing Module and how it can help your business.
